Private foundation
OLEAN, NYEIN
The funder's latest Form 990-PF says it accepts applications. Read the instructions below before you write.
Application policy: Accepts applications, as stated on the FY2025 return.
These lines count this foundation's own Form 990-PF returns that the IRS has published as data. An amended return replaces its original. They describe past returns only.
Application guidance comes from the funder's own Form 990-PF, Part XV (the section where a private foundation says how to apply), shown as filed. It is the funder's words, not ours. These fields are free text and the IRS form cuts them short. Filers sometimes put whole sentences in the contact-name box. Shown exactly as filed.
Giving by year
Total assets by year
| Year | Form | Revenue | Expenses | Giving | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2025 | 990-PF | $1,161,265 | $1,758,037 | $1,738,438 | $4,880,762 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 14% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| OLEAN GENERAL HOSPITALOLEAN, NY | GENERAL | $1,240,000 | 2025 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| James E Stitt | PRESIDENT, DIRECTOR | 0.50 | $0 |
| Carol A Stitt | SECRETARY, TREASURER, DIRECTOR | 0.50 | $0 |
| James M Stitt | ASSISTANT TREASURER, DIRECTOR | 0.00 | $0 |
| John F Stitt | ASSISTANT SECRETARY, DIRECTOR |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| $4,880,762 |
| FY2023 | 990-PF | $1,076,533 | $215,897 | $209,500 | $4,554,772 | $4,554,772 |
| FY2022 | 990-PF | $2,991,593 | $37,575 | $37,575 | $3,935,496 | $3,935,496 |
| FY2021 | 990-PF | $2,628,227 | $37,994 | $36,000 | $3,443,585 | $3,443,585 |
| FY2020 | 990-PF | $853,352 | $0 | $0 | $853,352 | $853,352 |
| GENERAL |
| $100,000 |
| 2025 |
| JAMESTOWN COMMUNITY COLLEGEOLEAN, NY | GENERAL | $50,000 | 2025 |
| OGH FOUNDATIONOLEAN, NY | VASCULAR | $50,000 | 2023 |
| CHALLENGER LEARNING CENTER OLEANALLEGANY, NY | GENERAL | $50,000 | 2025 |
| SBU JANDOLI BLDG PROJECTST BONAVENTURE, NY | GENERAL | $50,000 | 2025 |
| WALSH SOUTHERN TIER CATHOLICOLEAN, NY | GENERAL | $50,000 | 2023 |
| SBU CARNEY ENDOWED CHAIRST BONAVENTURE, NY | GENERAL | $50,000 | 2025 |
| SPCAOLEAN, NY | GENERAL | $40,000 | 2025 |
| OLEAN FOOD PANTRYOLEAN, NY | GENERAL | $25,000 | 2025 |
| SBU GIVING DAYST BONAVENTURE, NY | GENERAL | $25,000 | 2025 |
| SBU WARMING HOUSEST BONAVENTURE, NY | GENERAL | $25,000 | 2025 |
| SBU CLUB HOCKEYST BONAVENTURE, NY | GENERAL | $15,000 | 2023 |
| OLEAN SOCCER CLUBOLEAN, NY | GENERAL | $13,400 | 2025 |
| UNIVERSITY OF DAYTONDAYTON, OH | ACOUSTICS STITT COHORT ROOM | $10,000 | 2021 |
| COLT 45 STRONG INCALLEGANY, NY | GENERAL | $10,000 | 2023 |
| OLEAN PUBLIC LIBRARYOLEAN, NY | GENERAL | $10,000 | 2025 |
| OLEAN YOUTH HOCKEYOLEAN, NY | GENERAL | $10,000 | 2025 |
| RURAL AREA MEDICAL RAM CRCF FUNDOLEAN, NY | GENERAL | $5,000 | 2025 |
| INTANDEMOLEAN, NY | PARK PROJECT | $5,000 | 2022 |
| CATT REGION COMMUNITY FOUNDATIONOLEAN, NY | PETE BUCHHEIT MEMORIAL | $5,000 | 2022 |
| ST BONAVENTURE INNOVATION CENTERST BONAVENTURE, NY | GENERAL | $5,000 | 2023 |
| BONITA SPRINGS SENIOR CENTERBONITA SPRINGS, FL | GENERAL | $5,000 | 2025 |
| CATT REGION COMMUNITY FOUNDATIONOLEAN, NY | GENERAL | $5,000 | 2021 |
| UNIVERSITY OF DAYTONDAYTON, OH | PHIL DOEPKER SCHOLARSHIP | $5,000 | 2021 |
| 0.00 |
| $0 |
Form 990-PF · FY2024 · period ending Dec 31, 2024IRS bulk XML
Filing id 202531349349101698
Form 990-PF · FY2023 · period ending Dec 31, 2023IRS bulk XML
Filing id 202431369349102468
Form 990-PF · FY2022 · period ending Dec 31, 2022
Filing id 202321319349104207
Form 990-PF · FY2021 · period ending Dec 31, 2021
Filing id 202231309349102528
Form 990-PF · FY2020 · period ending Dec 31, 2020
Filing id 202240989349100519
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.