Albert B Cutter Memorial Trust Fund
Albert B Cutter Memorial Trust Fund is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $916K in total assets. In 2024, it awarded 21 grants totaling $36K. Net investment income was $85K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$916K
+2.3% YoY
Annual Giving
$36K
+9.1% YoY
Grant Count
21
+0.0% YoY
Avg Grant Size
$2K
+9.1% YoY
Under IRS private-foundation payout rules, Albert B Cutter Memorial Trust Fund reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.
About Albert B Cutter Memorial Trust Fund
Based on IRS filings
Albert B Cutter Memorial Trust Fund is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $916K in total assets. In 2024, it awarded 21 grants totaling $36K. Net investment income was $85K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $916,212 | $895,827 | $924,398 |
| Revenue | $96,750 | $30,032 | $-22,284 |
| Expenses | $75,440 | $58,259 | $62,545 |
| Qualifying Distributions | $63,842 | $48,130 | $51,486 |
| Net Investment Income | $84,579 | $17,061 | $8,265 |
| Distributable Amount | $51,968 | $48,090 | $49,305 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
100 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Carolyn Wylie Center ($7,200), Anthony Steals ($4,000), Easter Seals Society ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WESLEY UMC PROJECT HOPE RIVERSIDE, CA | UNRESTRICTED GENERAL | $1,000 |
| INLAND EMPIRE COMMUNITY FOUNDATION RIVERSIDE, CA | TEEN CHALLENGE | $1,000 |
| RUSD FOUNDATION RIVERSIDE, CA | GRANT FOR STUDENT NEEDS | $2,000 |
| OPERATION SAFEHOUSE RIVERSIDE, CA | RUNAWAY TEENS NEEDS | $1,000 |
| ANTHONY STEALS RIVERSIDE, CA | CHARITABLE GIFT FOR | $4,000 |
| MICHAEL JACQUES RIVERSIDE, CA | CHARITABLE GIFT FOR | $1,000 |
| INSPIRE LIFE SKILLS TRAINING INC CORONA, CA | UNRESTRICTED GENERAL | $1,000 |
| SUNSHINE SCHOOL & CENTER RIVERSIDE, CA | UNRESTRICTED GENERAL | $1,000 |
| RIVERSIDE MEALS ON WHEELS INC RIVERSIDE, CA | UNRESTRICTED GENERAL | $1,000 |
| FEEDING AMERICA-RIVERSIDESAN BERNANDINO RIVERSIDE, CA | UNRESTRICTED GENERAL | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEBBIE KELLER | PRESIDENT | 2 | — |
| SCOTT PERRY | VICE PRESIDENT | 2 | — |
| BILL ASHWORTH | MEMBER | 2 | — |
| LISA LAIRD | MEMBER | 2 | — |
| WILLIAM ASHWORTH | MEMBER | 2 | — |
| DIANA PHILLIPS | EXECUTIVE SECRETARY | 40 | — |
| BANK OF AMERICA | TRUSTEE | 1 | $15,037 |
Frequently Asked Questions
How large is Albert B Cutter Memorial Trust Fund?
As of 2024, Albert B Cutter Memorial Trust Fund holds $916K in total assets with $97K in annual revenue. It awarded 21 grants totaling $36K in 2024.
Where does Albert B Cutter Memorial Trust Fund operate?
Albert B Cutter Memorial Trust Fund has awarded grants in California.
What size grants does Albert B Cutter Memorial Trust Fund award?
In 2024, Albert B Cutter Memorial Trust Fund awarded 21 grants totaling $36K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Albert B Cutter Memorial Trust Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Albert B Cutter Memorial Trust Fund reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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