Arthur H Scott Mem Vol Trust -chitt

BUFFALO, NY EIN: 03-6047004

Arthur H Scott Mem Vol Trust -chitt is a private foundation, based in BUFFALO, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 7 grants totaling $112K. Net investment income was $102K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+3.4% YoY

Annual Giving

$112K

+9.8% YoY

Grant Count

+40.0% YoY

Avg Grant Size

$16K

-21.6% YoY

Under IRS private-foundation payout rules, Arthur H Scott Mem Vol Trust -chitt reported a distributable amount of $139K for 2024 — the minimum it must pay out in qualifying distributions.

About Arthur H Scott Mem Vol Trust -chitt

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Vermont $398K (79%)

Massachusetts $59K (12%)

Illinois $23K (4%)

Pennsylvania $23K (4%)

States

Illinois Massachusetts Pennsylvania Vermont

Cities

AmherstBeaver FallsBurlingtonCambridgeCharlotteChelseaChicagoColchesterHinesburgJohnsonLowellNorthfieldShelburneWillistonWinooski

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,380,733	$1,334,936	$1,339,711
Revenue	$119,633	$92,188	$103,095
Expenses	$131,296	$120,410	$92,466
Qualifying Distributions	$114,979	$104,861	$73,551
Net Investment Income	$102,337	$77,380	$86,580
Distributable Amount	$139,027	$97,567	$73,795

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

44 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Vermont ($26,229), Champlain College ($18,700), University of Massachusetts Amherst ($18,700).

Recipient	Purpose	Amount
CHAMPLAIN COLLEGE BURLINGTON, VT	SCHOLARSHIP	$18,700
GENEVA COLLEGE BEAVER FALLS, PA	SCHOLARSHIP	$7,529
ART INSTITUTE OF CHICAGO CHICAGO, IL	SCHOLARSHIP	$7,529
VERMONT STATE UNIVERSITY JOHNSON, VT	SCHOLARSHIP	$15,058
UNIVERSITY OF VERMONT Burlington, VT	SCHOLARSHIP	$26,229
UNIVERSITY OF MASSACHUSETTS AMHERST AMHERST, MA	SCHOLARSHIP	$18,700
NORWICH UNIVERSITY NORTHFIELD, VT	SCHOLARSHIP	$18,700

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Arthur H Scott Mem Vol Trust -chitt?

As of 2024, Arthur H Scott Mem Vol Trust -chitt holds $1.4M in total assets with $120K in annual revenue. It awarded 7 grants totaling $112K in 2024.

Where does Arthur H Scott Mem Vol Trust -chitt operate?

Arthur H Scott Mem Vol Trust -chitt has awarded grants in Illinois, Massachusetts, Pennsylvania, Vermont.

What size grants does Arthur H Scott Mem Vol Trust -chitt award?

In 2024, Arthur H Scott Mem Vol Trust -chitt awarded 7 grants totaling $112K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is Arthur H Scott Mem Vol Trust -chitt required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Arthur H Scott Mem Vol Trust -chitt reported a distributable amount of $139K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Arthur H Scott Mem Vol Trust -chitt's EIN?

Arthur H Scott Mem Vol Trust -chitt's EIN (Employer Identification Number) is 03-6047004. IRS Form 990 filing data is available on this page for 2020–2024.