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WESTCOTT FAMILY CHARITABLE TRUST

NORWICH, NY · EIN 936927456 · Form 990PF · FY2024 · NTEE T20 · Philanthropy & Grantmaking · Micro (<$100K)
revenue
$62K
expenses
$23K
net assets
$1.0M
employees
profile · synthesized from sources

Private charitable trust based in New York that provides grants to nonprofit organizations, primarily in the central and upstate regions of the state. Focus areas include education, youth development, and community services. Grants are typically awarded for general operating support or specific scholarship funds.

named programs · 2 · from sources

What they call their work

1929 Scholarship Fund
Supports student scholarships at Colgate University
General Operating Support Grants
Provides unrestricted funding to community nonprofits including United Way of Mid Rural New York, OPL Foundation, and Greater Norwich Foundation
activities · 5 groups

What they do

  • General Operating Support Grants 3 activities
    • Funding general operating support for OPL Foundation
      Provides general operating support grants to OPL Foundation to strengthen its organizational and programmatic functions.
    • Funding general operating support for Oneida Rotary Club Foundation Inc.
      Provides general operating support grants to Oneida Rotary Club Foundation Inc. to sustain its community service programs and operations.
    • Funding general operating support for The Greater Norwich Foundation
      Provides general operating support grants to The Greater Norwich Foundation to support its local community development and philanthropic activities.
  • Summer Camp Access Scholarships 1 activity
    • Funding general operating support for Madison County Children's Camp
      Provides general operating support grants to Madison County Children's Camp to sustain its programs and operations.
  • Hospital and Medical Center Support 1 activity
    • Funding general operating support for Oneida Healthcare Foundation
      Provides general operating support grants to Oneida Healthcare Foundation to assist with healthcare services and institutional operations.
  • Municipal and Community General Support 1 activity
    • Funding general operating support for United Way of Mid Rural New York
      Provides general operating support grants to United Way of Mid Rural New York to support its community initiatives and operational capacity.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding the 1929 Scholarship Fund at Colgate University
      Provides financial support to the 1929 Scholarship Fund at Colgate University, which awards scholarships to students.
financials · form 990PF · fy2024
revenue
Total revenue$62K
Contributions & grants
Program service revenue
Investment income$40K65%
Other revenue$22K
expenses
Total expenses$23K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$18K
Grants paid out$70K
balance sheet
Total assets$1.04M
Cash
Investments
Liabilities
Net assets$1.04M
2 years on record · 2023–2024 · YoY revenue -95.5%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
NBT BANK NA CO TRUSTEE 1 $16K
JAMES A HOY CO TRUSTEE 1 $2K
relationships · 7

Who they work with

  • COLGATE UNIVERSITY Partner — Funds the 1929 Scholarship Fund
  • MADISON COUNTY CHILDRENS CAMP Partner — Receives general operating support
  • ONEIDA HEALTHCARE FOUNDATION Partner — Receives general operating support
  • ONEIDA ROTARY CLUB FOUNDATION INC Partner — Receives general operating support
  • OPL FOUNDATION Partner — Receives general operating support
  • THE GREATER NORWICH FOUNDATION Partner — Receives general operating support
  • UNITED WAY OF MID RURAL NEW YORK Partner — Receives general operating support