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Fletcher D Proctor Fund For Destitute Children Nect is a private trust based in BUFFALO, NY. The foundation received its IRS ruling in 2019. The principal officer is Peoples United Bank Na Ttee. It holds total assets of $245K. Annual income is reported at $26K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Fletcher D Proctor Fund For Destitute Children Nect has made 6 grants totaling $59K, with a median grant of $10K. The foundation has distributed between $17K and $21K annually from 2021 to 2023. Individual grants have ranged from $3K to $17K, with an average award of $10K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Vermont. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Fletcher D Proctor Fund For Destitute Children Nect primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in VT.
Fletcher D Proctor Fund For Destitute Children Nect has distributed a total of $59K across 6 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $3K to $17K.
Fletcher D Proctor Fund For Destitute Children Nect typically selects its grantees rather than accepting unsolicited proposals.
Fletcher D Proctor Fund For Destitute Children Nect is headquartered in BUFFALO, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mt Bank | TRUSTEE | $6K | $0 | $6K |
Total Giving
$24K
Total Assets
$259K
Fair Market Value
$391K
Net Worth
$259K
Grants Paid
$17K
Contributions
N/A
Net Investment Income
$12K
Distribution Amount
$18K
Total: $244K
Total Grants
6
Total Giving
$59K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
2
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vermont Humanities CouncilGENERAL USE | Montpelier, VT | $14K | 2023 |
| New England Kurn Hattin HomeGENERAL USE | Westminster, VT | $3K | 2023 |