Fletcher Proctor Fund for Destitute Children

Private foundation · Grantmaker Buffalo, NY EIN: 03-6005050

Fletcher Proctor Fund for Destitute Children is a private foundation, based in Buffalo, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $245K in total assets. In 2025, it awarded 1 grant totaling $14K. Net investment income was $18K.

Key facts about Fletcher Proctor Fund for Destitute Children

In short: Fletcher Proctor Fund for Destitute Children gave $14K across 1 grant in 2025 (avg $14K), mostly in Vermont. Source: 2025 IRS Form 990-PF.

EIN
03-6005050
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$14,000
Grants made (2025)
1
Average grant
$14,000
Median grant
$14,000
Total assets
$245,019
Primary geography
Vermont (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$245K

+0.2% YoY

Annual Giving

$14K

-26.3% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$14K

+47.4% YoY

Under IRS private-foundation payout rules, Fletcher Proctor Fund for Destitute Children reported a distributable amount of $20K for 2025 — the minimum it must pay out in qualifying distributions.

How Fletcher Proctor Fund for Destitute Children gives

  • Giving fell 33% from 2022 to 2025. Method
  • In 2025 it paid out 83% 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

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

MontpelierWestminster

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K2 grants20202 grants20212 grants20222 grants20232 grants20241 grants2025

From 2020 to 2025, annual grant giving ranged from $14K (2025) to $27K (2020). In 2025 it made 1 grant totaling $14K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Vermont Humanities Council: $14KVermont Humanities Council$14K

The largest 2025 recipient was Vermont Humanities Council ($14K).

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 9 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Vermont Humanities Council Montpelier, VTGeneral Support$14,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K202020212022202320242025
Metric202520242023
Total Assets$245,019$244,612$259,089
Revenue$23,095$12,360$17,005
Expenses$22,134$26,794$23,896
Qualifying Distributions$16,558$21,006$18,814
Net Investment Income$17,528$6,312$11,548
Distributable Amount$19,929$19,467$17,802

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 April 30, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 18, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)

Leadership & Key People

Officers and directors from IRS filings

Fletcher Proctor Fund for Destitute Children's only listed officer is M T Trust Company, Trustee on the 2025 filing (compensated).

Officers on the 2025 filing

  • M T Trust Company

    Trustee

    New on the 2025 filing

    1 hr/week

    $6K (2025)

Former officers (2)
  • Former: MT Bank (2022) — Trustee
  • Former: Peoples United Bank N A (2020–2021) — 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

M T Trust Company — Trustee: $6KM T Trust CompanyTrustee$6K

The highest reported compensation on the 2025 filing was $6K, to M T Trust Company (Trustee).

Frequently asked questions about Fletcher Proctor Fund for Destitute Children

How much does Fletcher Proctor Fund for Destitute Children give each year?

Fletcher Proctor Fund for Destitute Children gave $14K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $19K across 2 grants.

How large is Fletcher Proctor Fund for Destitute Children?

Fletcher Proctor Fund for Destitute Children reported $245K in total assets on its 2025 IRS Form 990-PF. It paid out $17K in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets).

Where does Fletcher Proctor Fund for Destitute Children operate?

Fletcher Proctor Fund for Destitute Children has awarded grants in Vermont.

What is Fletcher Proctor Fund for Destitute Children's EIN?

Fletcher Proctor Fund for Destitute Children's EIN (Employer Identification Number) is 03-6005050. IRS Form 990 filing data is available on this page for 2020–2025.

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

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