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Stitt Foundation Inc. is a private corporation based in OLEAN, NY. The foundation received its IRS ruling in 2021. The principal officer is James E Stitt. It holds total assets of $5.5M. Annual income is reported at $2M. Total assets have grown from $853K in 2020 to $4.6M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. According to available records, Stitt Foundation Inc. has made 66 grants totaling $275K, with a median grant of $2K. Annual giving has grown from $36K in 2021 to $210K in 2023. Individual grants have ranged from $500 to $50K, with an average award of $4K. The foundation has supported 55 unique organizations. The foundation primarily supports organizations in New York, Ohio, South Carolina, which account for 95% of all grants. Grantmaking reaches organizations across 5 states. 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.
Stitt Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 66 grants. Its grantmaking reaches organizations primarily in NY, OH, SC.
Stitt Foundation Inc. has distributed a total of $275K across 66 grants. The median grant size is $2K, with an average of $4K. Individual grants have ranged from $500 to $50K.
Educational organizations, hospitals, social service organizations, and other charitable institutions.
Stitt Foundation Inc. is headquartered in OLEAN, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John F Stitt | ASSISTANT SECRETARY, DIRECTOR | $0 | $0 | N/A |
| James E Stitt | PRESIDENT, DIRECTOR | $0 | $0 | N/A |
| Carol A Stitt | SECRETARY, TREASURER, DIRECTOR | $0 | $0 | N/A |
| James M Stitt | ASSISTANT TREASURER, DIRECTOR | $0 | $0 | N/A |
Total Giving
$216K
Total Assets
$4.6M
Fair Market Value
$7.1M
Net Worth
$4.6M
Grants Paid
$210K
Contributions
$784K
Net Investment Income
$293K
Distribution Amount
$290K
Total: N/A
Total Grants
66
Total Giving
$275K
Average Grant
$4K
Median Grant
$2K
Unique Recipients
55
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGENERAL | Olean, NY | $2K | 2023 |
| Walsh Southern Tier CatholicGENERAL | Olean, NY | $50K | 2023 |
| Ogh FoundationVASCULAR | Olean, NY | $50K | 2023 |
| Sbu Club HockeyGENERAL | St Bonaventure, NY | $15K | 2023 |
| Colt 45 Strong IncGENERAL | Allegany, NY | $10K | 2023 |
| Olean Area Youth HockeyGENERAL | Olean, NY | $5K | 2023 |
| St Bonaventure Innovation CenterGENERAL | St Bonaventure, NY | $5K | 2023 |
| Spca Catt CountyGENERAL | Olean, NY | $5K | 2023 |
| Bonita Springs Senior CenterGENERAL | Bonita Springs, FL | $5K | 2023 |
| Allegany Community FoundationGENERAL | Belmont, NY | $5K | 2023 |
| Enchanted Mountain Village15 MONTH RENT | Olean, NY | $5K | 2023 |
| Interfaith Care GiversGENERAL | Olean, NY | $3K | 2023 |
| Cattaraugus Region Community FoundationOPERATION WARM HEARTS | Olean, NY | $3K | 2023 |
| IntandemGENERAL | Olean, NY | $3K | 2023 |
| Challenger Learning CenterGENERAL | Allegany, NY | $3K | 2023 |
| Catt Region Community FoundationRAM PROJECT | Olean, NY | $3K | 2023 |
| Volunteers In Medicine Hh ScGENERAL | Hilton Head Island, SC | $2K | 2023 |
| Jay-Light Suicide Prevention Anthong GrantGENERAL | Alpharetta, GA | $2K | 2023 |
| Catt County Meals On WheelsGENERAL | Olean, NY | $2K | 2023 |
| Directions Independent LivingGENERAL | Olean, NY | $2K | 2023 |
| Home Care Hospice OleanGENERAL | Olean, NY | $2K | 2023 |
| Santa Claus LaneGENERAL | Olean, NY | $2K | 2023 |
| Boys And Girls Club Hilton Head ScGENERAL | Hilton Head Island, SC | $2K | 2023 |
| Tunnels To TowersGENERAL | Staten Island, NY | $2K | 2023 |
| Special Olympics WnyGENERAL | Williamsville, NY | $2K | 2023 |
| Childrens Center Hh ScGENERAL | Hilton Head Island, SC | $2K | 2023 |
| Olean Community TheaterGENERAL | Olean, NY | $1K | 2023 |
| Olean Meditation CenterGENERAL | Olean, NY | $1K | 2023 |
| Church Without WallsSHE GIFT | Olean, NY | $1K | 2023 |
| Sbu Bona FundGENERAL | St Bonaventure, NY | $1K | 2023 |
| Olean General Hospital FoundationGENERAL | Olean, NY | $1K | 2023 |
| Olean Food PantryGENERAL | Olean, NY | $1K | 2023 |
| Friends Of Olean LibrayGENERAL | Olean, NY | $1K | 2023 |
| Genesis HouseGENERAL | Olean, NY | $1K | 2023 |
| Olean Business Development CorporationGENERAL | Olean, NY | $1K | 2023 |
| Immanuel Luthern Child CareGENERAL | Olean, NY | $1K | 2023 |
| Second Helpings Hh Food TruckGENERAL | Hilton Head Island, SC | $1K | 2023 |
| Enchanted Mountains VillageGENERAL | Olean, NY | $500 | 2023 |
| Tri-County Arts CouncilMURIAL | Olean, NY | $5K | 2022 |
| Olean Police Department - CrcfDRONE PROJECT | Olean, NY | $3K | 2022 |
| Mercy Flight - CrcfGENERAL | Buffalo, NY | $3K | 2022 |
| Carolina Coastal Arts Center HhGENERAL | Hilton Head Island, SC | $2K | 2022 |
| Interfaith Caregivers IncGENERAL | Olean, NY | $2K | 2022 |
| Volunteers In Medicine HhGENERAL | Hilton Head Island, SC | $2K | 2022 |
| Bonita Senior CenterGENERAL | Bonita Springs, FL | $2K | 2022 |