Albert B Cutter Memorial Trust Fund
The Albert B Cutter Memorial Trust Fund is a private foundation based in Dallas, Texas. Its 2025 filing describes awards for aged, sick, and needy adults and sick and crippled children, with a preference for residents of Riverside, California.
Albert B Cutter Memorial Trust Fund at a glance
In short: Albert B Cutter Memorial Trust Fund gave $35K across 19 grants in 2025 (avg $2K), mostly in California. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $34,593
- -3.9% vs 2024
- Grants made (2025)
- 19
- -9.5% vs 2024
- Average grant
- $1,821
- +6.2% vs 2024
- Median grant
- $1,000
- Total assets
- $946,946
- +3.4% vs 2024
- New grantees (estimate)
- 0% first-time grantees (0 of 18, 2025; small sample)
- Primary geography
- California (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Albert B Cutter Memorial Trust Fund
- How to Apply
-
The filing lists forms on request and states that awards are restricted to assisting aged, sick, and needy adults and sick and crippled children, with preference for Riverside residents. It lists no deadlines.
- Contact
Application contact: Bank Of America N A
Mailing address: 100 Westminster St, Providence, RI 02903
Phone: (401) 278-6043
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Albert B Cutter Memorial Trust Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Carolyn Wylie Center ($9K). Together the top 10 received $26K.
Organizations only. It also paid 1 individual scholarship ($1,200), which are not listed by name.
Grant Size Distribution
103 grants across all recorded years
The most common grant size was under $50K: 103 grants of 103 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in California. The filing gives preference to residents of Riverside, California.
Grant Distribution by State
Share of 2025 grant dollars across all 19 itemized grants.
States
Cities
Is Albert B Cutter Memorial Trust Fund open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 18 grantees (0%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. How we count
- 100% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−3%). Method
- In 2025 it paid out 103% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $33K (2023) to $45K (2021). In 2025 it made 19 grants totaling $35K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Carolyn Wylie Center Riverside, CA | Scholarships & Rent | $9,200 |
| Easter Seals Society Escondido, CA | Unrestricted General | $4,000 |
| Wesley UMC Project Hope Riverside, CA | Unrestricted General | $2,000 |
| Feeding America-Riversidesan Bernandino Riverside, CA | Unrestricted General | $2,000 |
| Care Connexxus Riverside, CA | Unrestricted General | $2,000 |
| Inland Empire Community Foundation Riverside, CA | Teen Challenge | $1,793 |
| Operation Safehouse Riverside, CA | Runaway Teens Needs | $1,500 |
| Big Brothers Big Sisters of San Diego San Diego, CA | Unrestricted General | $1,500 |
| 1 individual scholarship Recipients not named | — | $1,200 |
| Inspire Life Skills Training Inc Corona, CA | Unrestricted General | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $946,946 | $104,203 | $69,443 | $34,593 | 19 | $55,949 | $92,439 | $54,463 |
| 2024 | $916,212 | $96,750 | $75,440 | $36,000 | 21 | $63,842 | $84,579 | $51,968 |
| 2023 | $895,827 | $30,032 | $58,259 | $33,007 | 21 | $48,130 | $17,061 | $48,090 |
| 2022 | $924,398 | $-22,284 | $62,545 | $35,668 | 21 | $51,486 | $8,265 | $49,305 |
| 2021 | $1,009,237 | $207,595 | $78,464 | $44,509 | 21 | $61,099 | $194,639 | $60,817 |
| 2020 | $873,935 | $74,864 | $60,245 | $35,083 | 16 | — | $64,732 | $47,743 |
Under IRS private-foundation payout rules, Albert B Cutter Memorial Trust Fund reported a distributable amount of $54K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The filing describes the trust’s award restrictions as assisting aged, sick, and needy adults and sick and crippled children, with preference for Riverside residents. Its 2025 grants include support for organizations working in areas such as services for older adults, mentoring, housing, meals, and youth support. These are grantee activities, not a separately stated mission of the trust.
Grantmaking
In filing year 2025, the trust reported 19 grants totaling $34,593. Grants ranged from $400 to $9,200, with a median of $1,000. Larger awards included $9,200 to the Carolyn Wylie Center for scholarships and rent; $4,000 to Easter Seals Society for unrestricted general support; and $2,000 each to Wesley UMC Project Hope, Feeding America-Riverside San Bernardino, and Care Connexxus for unrestricted general support. Other grants included $1,500 to Operation Safehouse for runaway teens’ needs and $1,500 to Big Brothers Big Sisters of San Diego for unrestricted general support. The trust also gave $1,200 to an individual recipient for scholarships.
The trust’s filing says it does not restrict giving to preselected organizations. Application forms are available on request; the filing lists no other materials and no deadlines. Its stated award restrictions are to assist aged, sick, and needy adults and sick and crippled children, with preference for Riverside residents.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Debbie Keller as president; Scott Perry as vice president; Bill Ashworth, Lisa Laird, and William Ashworth as members; Diana Phillips as executive secretary; and Bank of America as trustee.
Albert B Cutter Memorial Trust Fund is led by Debbie Keller, President on every filing since 2024; 1 of 7 officers listed in 2025 is compensated.
Officers on the 2025 filing
Debbie Keller
President
On filings since 2024
2 hrs/week
No compensation reported
Bank Of America
Trustee
On filings since 2021
1 hr/week
$16K (2021) → $16K (2025)
William Ashworth
Member
On filings since 2020
2 hrs/week
No compensation reported
Diana Phillips
Executive Secretary
On filings since 2023
40 hrs/week
No compensation reported
Bill Ashworth
Member
On filings since 2024
2 hrs/week
No compensation reported
Lisa Laird
Member
On filings since 2024
2 hrs/week
No compensation reported
Scott Perry
Vice President
On filings since 2024
2 hrs/week
No compensation reported
Former officers (6)
- Former: Fran Bilderback (2020–2023) — President
- Former: Howard Born (2020–2023) — Member
- Former: Mary Lou Kerrick (2020–2023) — Member
- Former: Robert Nelson (2020–2023) — Vice President
- Former: Debby Phillips (2020–2022) — Executive Secretary
- Former: Bank Of America N A (2020) — Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $16K, to Bank of America (Trustee).
Frequently asked questions about Albert B Cutter Memorial Trust Fund
How much does Albert B Cutter Memorial Trust Fund give each year?
Albert B Cutter Memorial Trust Fund gave $35K across 19 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $36K across 21 grants.
What is Albert B Cutter Memorial Trust Fund's typical grant size?
Albert B Cutter Memorial Trust Fund's median grant in 2025 was $1,000, and its average grant was $1,821, across 19 grants on its 2025 IRS Form 990-PF.
Where does Albert B Cutter Memorial Trust Fund give grants?
Albert B Cutter Memorial Trust Fund gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Riverside, CA (14 grants).
Does Albert B Cutter Memorial Trust Fund give general operating support?
Yes: 68% of Albert B Cutter Memorial Trust Fund's 2025 grants with a stated purpose (13 of 19) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Albert B Cutter Memorial Trust Fund's largest grantees?
Albert B Cutter Memorial Trust Fund's largest 2025 grantees include Carolyn Wylie Center ($9,200), Easter Seals Society ($4,000) and Wesley UMC Project Hope ($2,000), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($1,200), which are not listed by name. Together they received 44% of its itemized 2025 grant dollars.
How large is Albert B Cutter Memorial Trust Fund?
Albert B Cutter Memorial Trust Fund reported $947K in total assets on its 2025 IRS Form 990-PF. It paid out $56K in qualifying distributions that year, against a required minimum of $54K (roughly 5% of its investment assets).
What does Albert B Cutter Memorial Trust Fund fund?
The filing describes the trust’s award restrictions as assisting aged, sick, and needy adults and sick and crippled children, with preference for Riverside residents. See mission & focus areas ↑
How do I apply for a grant from Albert B Cutter Memorial Trust Fund?
The filing lists forms on request and states that awards are restricted to assisting aged, sick, and needy adults and sick and crippled children, with preference for Riverside residents. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Albert B Cutter Memorial Trust Fund's EIN?
Albert B Cutter Memorial Trust Fund's EIN (Employer Identification Number) is 95-6112842. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS July 23, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 28, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 24, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 2, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 30, 2026)
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Figures come from Albert B Cutter Memorial Trust Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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