Also known as: C/O BESSEMER TRUST COMPANY NA
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Scott Family Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2002. The principal officer is Bessemer Trust. It holds total assets of $3.2M. Annual income is reported at $870K. Total assets have decreased from $4.3M in 2011 to $2.8M in 2023. The foundation is governed by 4 officers and trustees. 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 2017 to 2023. The foundation primarily funds organizations in New York and Vermont. According to available records, Scott Family Foundation Inc. has made 25 grants totaling $1.1M, with a median grant of $3K. Annual giving has grown from $119K in 2021 to $1M in 2022. Individual grants have ranged from $1K to $510K, with an average award of $46K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Pennsylvania, New York, Vermont, which account for 56% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$57K
Largest Grant
$1.2M
Based on 23 grants from the most recent 990-PF filing.
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.
Scott Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in PA, NY, VT.
Scott Family Foundation Inc. has distributed a total of $1.1M across 25 grants. The median grant size is $3K, with an average of $46K. Individual grants have ranged from $1K to $510K.
Scott Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Scott Family Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Walter A Scott | PRESIDENT | $0 | $0 | N/A |
| Lenka Scott | VICE PRESIDENT | $0 | $0 | N/A |
| C Reed Scott | SECRETARY | $0 | $0 | N/A |
| Alisa A Scott | TREASURER | $0 | $0 | N/A |
Total Giving
$104K
Total Assets
$2.8M
Fair Market Value
$5.9M
Net Worth
$2.8M
Grants Paid
$98K
Contributions
$250K
Net Investment Income
$144K
Distribution Amount
$243K
Total Grants
25
Total Giving
$1.1M
Average Grant
$46K
Median Grant
$3K
Unique Recipients
23
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lafayette CollegeGENERAL PURPOSE | Easton, PA | $510K | 2022 |
| Friends Of Bermuda Community FoundationGENERAL EXEMPT PURPOSE | Hamilton | $9K | 2021 |
| Grace Cottage FoundationGENERAL EXEMPT PURPOSE | Townsend, VT | $6K | 2021 |
| Doctors Without Borders UsaGENERAL PURPOSE | New York, NY | $5K | 2021 |
| St Lawrence UniversityGENERAL PURPOSE | Cantono, NY | $5K | 2021 |
| My Community Nurse ProjectGENERAL EXEMPT PURPOSE | Weston, VT | $5K | 2021 |
| Shriners Hospitals For ChildrenGENERAL PURPOSE | Tampa, FL | $4K | 2021 |
| St Jude Children'S Research HospitalGENERAL PURPOSE | Memphis, TN | $4K | 2021 |
| K-9'S For WarriorsGENERAL PURPOSE | Ponte Vedra, FL | $3K | 2021 |
| Fisher House FoundationGENERAL PURPOSE | Rockville, MD | $3K | 2021 |
| Villa Maria Education Center IncGENERAL PURPOSE | Stamford, CT | $3K | 2021 |
| Tunnels To TowersGENERAL PURPOSE | Staten Island, NY | $3K | 2021 |
| Mountain Valley Medical ClinicGENERAL PURPOSE | Londonderry, VT | $3K | 2021 |
| Hartwick CollegeGENERAL PURPOSE | Oneonta, NY | $3K | 2021 |
| The Salvation ArmyGENERAL EXEMPT PURPOSE | Atlanta, GA | $3K | 2021 |
| American Friends Of MasterworksGENERAL PURPOSE | New York, NY | $2K | 2021 |
| Bozeman Health Cardiology ClinicGENERAL PURPOSE | Bozeman, MT | $2K | 2021 |
| Peddie SchoolGENERAL PURPOSE | Hightstown, NJ | $1K | 2021 |
| Vermont Youth Conservation CorpsGENERAL PURPOSE | Richmond, VA | $1K | 2021 |
| One Love FoundationGENERAL PURPOSE | Bronxville, NY | $1K | 2021 |
| West River Habitat Of HumanityGENERAL PURPOSE | Jacksonville, VT | $1K | 2021 |
| New Canaan Historical SocietyGENERAL PURPOSE | New Canaan, CT | $1K | 2021 |
| Saratoga Automobile MuseumGENERAL PURPOSE | Saratoga Springs, NY | $1K | 2021 |