Vaile & Cleaveland Scholarship Fund
Vaile & Cleaveland Scholarship Fund is a private foundation, based in Buffalo, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $353K in total assets. In 2025, it awarded 4 grants totaling $14K. Net investment income was $22K.
Key facts about Vaile & Cleaveland Scholarship Fund
In short: Vaile & Cleaveland Scholarship Fund gave $14K across 4 grants in 2025 (avg $4K), mostly in Maine. Source: 2025 IRS Form 990-PF.
- EIN
- 03-0343444
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $14,228
- Grants made (2025)
- 4
- Average grant
- $3,557
- Median grant
- $2,668
- Total assets
- $352,542
- Primary geography
- Maine (62% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated October 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$353K
+1.1% YoY
Annual Giving
$14K
-22.5% YoY
Grant Count
4
-20.0% YoY
Avg Grant Size
$4K
-3.1% YoY
Under IRS private-foundation payout rules, Vaile & Cleaveland Scholarship Fund reported a distributable amount of $18K for 2025 — the minimum it must pay out in qualifying distributions.
How Vaile & Cleaveland Scholarship Fund gives
- Giving fell 26% from 2022 to 2025. Method
- In 2025 it paid out 87% 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.
Ready to take the next step with Vaile & Cleaveland Scholarship Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $11K (2023) to $29K (2020). In 2025 it made 4 grants totaling $14K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 18 grants of 18 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 4 individual scholarships Recipients not named | — | $14,228 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $352,542 | $348,726 | $309,761 |
| Revenue | $27,213 | $65,098 | $22,693 |
| Expenses | $23,497 | $25,452 | $17,517 |
| Qualifying Distributions | $15,725 | $19,824 | $12,628 |
| Net Investment Income | $21,675 | $59,459 | $17,672 |
| Distributable Amount | $18,136 | $16,917 | $17,195 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 30, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 18, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
Leadership & Key People
Officers and directors from IRS filings
Vaile & Cleaveland Scholarship Fund'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 (3)
- Former: M&T Bank (2023–2024) — Trustee
- Former: Wilmington Trust (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
The highest reported compensation on the 2025 filing was $6K, to M T Trust Company (Trustee).
Frequently asked questions about Vaile & Cleaveland Scholarship Fund
How much does Vaile & Cleaveland Scholarship Fund give each year?
Vaile & Cleaveland Scholarship Fund gave $14K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $18K across 5 grants.
What is Vaile & Cleaveland Scholarship Fund's typical grant size?
Vaile & Cleaveland Scholarship Fund's median grant in 2025 was $2,668, and its average grant was $3,557, across 4 grants on its 2025 IRS Form 990-PF.
Where does Vaile & Cleaveland Scholarship Fund give grants?
Vaile & Cleaveland Scholarship Fund gives mostly in Maine: 62% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (38%).
Does Vaile & Cleaveland Scholarship Fund give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Vaile & Cleaveland Scholarship Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (4 grants).
How large is Vaile & Cleaveland Scholarship Fund?
Vaile & Cleaveland Scholarship Fund reported $353K in total assets on its 2025 IRS Form 990-PF. It paid out $16K in qualifying distributions that year, against a required minimum of $18K (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 Vaile & Cleaveland Scholarship Fund's EIN?
Vaile & Cleaveland Scholarship Fund's EIN (Employer Identification Number) is 03-0343444. 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.
Here's the math on researching Vaile & Cleaveland Scholarship Fund by hand.
Explore Open Grants
Browse active grant opportunities in Vaile & Cleaveland Scholarship Fund's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Davis Educational Foundation
Yarmouth, ME
The Davis Educational Foundation funds projects that strengthen undergraduate teaching and learning and improve affordability and institutional financial sustainability at eligible public and private colleges and universities in New England. Its 2024 grants ranged from $10,000 to $322,148, with a median award of about $150,000; Presidential Grants are capped at $25,000.
Assets
$130.3M
Grants
22
Total Given
$3.4M
Hellenic Women's Club Inc
Brookline, MA
Promotes fellowship among its members and engages in numerous philanthropic endeavors. To support education, scholarships, community-based needs, and medical research and patient care, with a focus on women and organizations that support women, particularly those of hellenic heritage.
Assets
$393K
Grants
6
Total Given
$74K
Carmax Foundation
Richmond, VA
The CarMax Foundation supports health and wellness, education and workforce success, and resilient communities, including playgrounds, volunteer-led projects, and services for underserved people. Its 2026 grants ranged from $9,140 to $3,396,861, with a median of $285,350; it funds organizations in the Greater Richmond area, CarMax markets such as Atlanta, and nationally aligned nonprofits. Applications are accepted online only, but the profile does not state whether unsolicited requests are accepted.
Assets
$6.3M
Grants
6
Total Given
$4.8M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
Josiah Macy Jr Foundation
New York, NY
The Josiah Macy Jr. Foundation funds educational projects that improve health-professional education, with priorities including diversity, collaboration, ethical decision-making, and clinical learning environments. Recent grants ranged from $5,000 to $125,000, with a median of about $72,000, supporting organizations across the United States; it accepts rolling applications for President’s Grants up to $25,000, but not unsolicited applications for Board Grants.
Assets
$152.6M
Grants
47
Total Given
$3.2M
Felicia M Delorenzo Scholarship
Boston, MA
The Felicia M. DeLorenzo Scholarship Foundation supports post-secondary education for high school graduates who live in Arlington, Massachusetts, with scholarships recognizing academic achievement, strong work ethic, and community commitment. In 2024, grants ranged from $1,500 to $63,125, with a median of $4,500; the Foundation does not accept unsolicited funding requests.
Assets
$4.6M
Grants
61
Total Given
$367K
The Ohio Foundation of Independent Colleges
Westerville, OH
The Ohio Foundation of Independent Colleges primarily funds scholarships, financial aid, and campus programs at independent colleges and universities, including diversity, equity, and inclusion initiatives. Its 2025 grants ranged from $5,083 to $185,371, with a median of $10,798, and most funding went to Ohio recipients. It offers an application route for campus grants; the profile does not say whether it accepts unsolicited requests for other funding.
Assets
$8.8M
Grants
90
Total Given
$2.8M
Hispanic Scholarship Fund
El Segundo, CA
HSF funds scholarships and higher-education support, with reported grants primarily supporting scholarships at colleges and universities; its student awards range from $500 to $5,000. It funds recipients across the United States, with the largest shares of recent grant dollars going to California, New York, Georgia, Massachusetts, and Texas. The profile does not state whether HSF accepts unsolicited grant requests.
Assets
$198.0M
Grants
316
Total Given
$29.1M
Cornell University
Ithaca, NY
Cornell’s grantmaking primarily supports research, including work by universities and research organizations, alongside its broader land-grant mission to serve New York State. In 2025 it reported 338 grants, with a median of $96,461 and awards ranging from $5,043 to $5.66 million; 24% of grant dollars went to New York recipients, with others distributed across several states. The profile does not state whether Cornell accepts unsolicited requests.
Assets
$19.8B
Grants
338
Total Given
$126.7M
Richard & Susan Smith Family Foundation
Newton, MA
The Richard & Susan Smith Family Foundation funds health, education, economic security, human services, community development, and other community needs, primarily in Greater Boston and Massachusetts; its Small Capital Grants program serves nonprofits in Greater Boston and Gateway Cities. Small Capital Grants are typically $25,000–$100,000, while 2025 grants overall had a median of $35,606 and ranged from $100 to $1.5 million. The foundation encourages prospective Small Capital Grants applicants to schedule a call before applying; whether it accepts unsolicited requests is not stated.
Assets
$302.9M
Grants
137
Total Given
$15.6M
The Sudbury Foundation
Sudbury, MA
The Sudbury Foundation funds community life, youth and family services, local food and farming, essential needs, and equity and inclusion in Sudbury and surrounding Massachusetts communities. Its 2024 grants ranged from $1,083 to $100,000, with a median of $6,000; applications are open for some programs, while Community grants are by invitation only.
Assets
$36.9M
Grants
137
Total Given
$1.9M
American Chemical Society
Washington, DC
The American Chemical Society funds chemical sciences research, education, students, educators, and chemistry-related projects, with grants to organizations across the United States and, through the Petroleum Research Fund, eligible institutions abroad. Its 2024 grants ranged from $5,200 to $504,691, with a median of $31,252; specific programs offer awards from up to $3,500 to $80,000. The profile does not state whether ACS accepts unsolicited requests.
Assets
$2.2B
Grants
341
Total Given
$22.4M
More Funders in New York
Vaile & Cleaveland Scholarship Fund down — hundreds of funders to go?