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Also known as: UNITRUST
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Leora Prewitt Crut is a private trust based in SOMERSET, KY. The foundation received its IRS ruling in 2018. The principal officer is Cumberland Security Bank Ttee. It holds total assets of $352K. Annual income is reported at $130K. 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 2016 to 2023. According to available records, Leora Prewitt Crut has made 6 grants totaling $55K, with a median grant of $9K. Annual giving has grown from $17K in 2021 to $38K in 2022. Individual grants have ranged from $8K to $10K, with an average award of $9K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Kentucky. 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.
Leora Prewitt Crut 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 KY.
Leora Prewitt Crut has distributed a total of $55K across 6 grants. The median grant size is $9K, with an average of $9K. Individual grants have ranged from $8K to $10K.
Leora Prewitt Crut typically selects its grantees rather than accepting unsolicited proposals.
Leora Prewitt Crut is headquartered in SOMERSET, KY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cumberland Security Bank Asset Mgmt | TRUSTEE | $6K | $0 | $6K |
Total Giving
$25K
Total Assets
$316K
Fair Market Value
$368K
Net Worth
$316K
Grants Paid
$16K
Contributions
N/A
Net Investment Income
$15K
Distribution Amount
$17K
Total: $306K
Total Grants
6
Total Giving
$55K
Average Grant
$9K
Median Grant
$9K
Unique Recipients
2
Most Common Grant
$9K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Christian ChurchMISSIONS | Somerset, KY | $9K | 2022 |
| Somerset Community CollegeSCHOLARSHIPS | Somerset, KY | $10K | 2022 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY