Cornelius T & Elizabeth Lynch Scholarship

Private foundation · Grantmaker Buffalo, NY EIN: 16-6014594

Cornelius T & Elizabeth Lynch Scholarship is a private foundation, based in Buffalo, NY. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $189K in total assets. In 2026, it awarded 5 grants totaling $10K. Net investment income was $13K.

Key facts about Cornelius T & Elizabeth Lynch Scholarship

In short: Cornelius T & Elizabeth Lynch Scholarship gave $10K across 5 grants in 2026 (avg $2K), mostly in New York. Source: 2026 IRS Form 990-PF.

EIN
16-6014594
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$10,000
Grants made (2026)
5
Average grant
$2,000
Median grant
$2,000
Total assets
$188,686
Primary geography
New York (100% of itemized 2026 grant dollars)

Data from IRS Form 990-PF, 2026; updated October 2026.

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$189K

+1.1% YoY

Annual Giving

$10K

+2.6% YoY

Grant Count

5

-28.6% YoY

Avg Grant Size

$2K

+43.6% YoY

Under IRS private-foundation payout rules, Cornelius T & Elizabeth Lynch Scholarship reported a distributable amount of $11K for 2026 — the minimum it must pay out in qualifying distributions.

How Cornelius T & Elizabeth Lynch Scholarship gives

  • Giving held roughly steady from 2023 to 2026 (+11%). Method
  • In 2026 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2026 grant dollars across all 5 itemized grants.

Cities

SyracuseProvidenceBinghamtonGeneseoPurchaseBuffaloCanandaiguaBrockportGenevaHonoluluRochester

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K6 grants2020 5 grants2021 7 grants2022 6 grants2023 6 grants2024 7 grants2025 5 grants2026

From 2020 to 2026, annual grant giving ranged from $5K (2020) to $11K (2022). In 2026 it made 5 grants totaling $10K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

31 grants across all recorded years

31<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 31 grants of 31 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
5 individual scholarships Recipients not named —$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K2020 2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$188,686$186,593$178,352
Revenue$15,343$21,429$9,194
Expenses$13,262$13,205$11,905
Qualifying Distributions$10,368$10,400$9,565
Net Investment Income$12,863$18,762$6,826
Distributable Amount$10,915$10,171$9,594

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 5, 2020)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 30, 2021)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS July 29, 2022)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 10, 2023)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS August 7, 2024)
  6. Added Form 990-PF for fiscal year 2026 (received by the IRS July 9, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Cornelius T & Elizabeth Lynch Scholarship's only listed officer is M T Trust Company, Trustee on the 2026 filing (compensated).

Officers on the 2026 filing

  • M T Trust Company

    Trustee

    New on the 2026 filing

    1 hr/week

    $2K (2026)

Former officers (4)
  • Former: Manufacturers Traders Trust CO (2025) — Trustee
  • Former: M&t (2023–2024) — Trustee
  • Former: M&T Trust CO (2022) — Trustee
  • Former: M&T Bank (2020–2021) — Trustee

Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

M T Trust Company — Trustee: $2KM T Trust CompanyTrustee$2K

The highest reported compensation on the 2026 filing was $2K, to M T Trust Company (Trustee).

Frequently asked questions about Cornelius T & Elizabeth Lynch Scholarship

How much does Cornelius T & Elizabeth Lynch Scholarship give each year?

Cornelius T & Elizabeth Lynch Scholarship gave $10K across 5 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $10K across 7 grants.

What is Cornelius T & Elizabeth Lynch Scholarship's typical grant size?

Cornelius T & Elizabeth Lynch Scholarship's median grant in 2026 was $2,000, and its average grant was $2,000, across 5 grants on its 2026 IRS Form 990-PF.

Where does Cornelius T & Elizabeth Lynch Scholarship give grants?

Cornelius T & Elizabeth Lynch Scholarship gives mostly in New York: 100% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there.

Does Cornelius T & Elizabeth Lynch Scholarship give general operating support?

Not in 2026: none of the 5 grants with a stated purpose on Cornelius T & Elizabeth Lynch Scholarship's 2026 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (5 grants).

How large is Cornelius T & Elizabeth Lynch Scholarship?

Cornelius T & Elizabeth Lynch Scholarship reported $189K in total assets on its 2026 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $11K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Cornelius T & Elizabeth Lynch Scholarship's EIN?

Cornelius T & Elizabeth Lynch Scholarship's EIN (Employer Identification Number) is 16-6014594. IRS Form 990 filing data is available on this page for 2020–2026.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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