Preferred Mutual Insurance Company Foundation
Accepts applications
Preferred Mutual Insurance Company Foundation is a private foundation in Norwich, New York. In tax year 2025 it gave $92,100 in 30 grants; the typical grant was $2,500 and the largest $10,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$92,100
- Number of grants30
- Typical grant$2,500
- Largest grant$10,000
- Assets$733,908
- New grantees31%
Giving in 2025 was down from $139,600 the year before.
31% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $186,850 | 33 | $786,154 |
| 2024 | $139,600 | 29 | $722,521 |
| 2025 | $92,100 | 30 | $733,908 |
How to apply
| Contact | Preferred Mutual Insurance Co C/O Stacy Smith One Preferred Way, New Berlin, NY 13411 |
|---|---|
| Phone or email | (800) 333-7642 |
| What to submit | Application forms can be obtained from preferred mutual insurance company by contacting stacy smith at 800-333-7642 |
| Deadlines | April 12th |
| Restrictions | Scholarships awarded to students in chenango, Delaware & ostego counties ny based on academic performance |
What Preferred Mutual Insurance Company Foundation funds
Where it gives
Its grants went to recipients in 4 states, the most to New York.
| State | Grants | Amount |
|---|---|---|
| New York | 27 | $83,100 |
| New Hampshire | 1 | $6,000 |
| New Jersey | 1 | $1,500 |
| Pennsylvania | 1 | $1,500 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Norwich YMCA | Unrestricted - general | $10,000 |
| United Way of Mid Rural New York | General operating | $10,000 |
| Dartmouth University | Scholarship | $6,000 |
| Chenango Memorial Hospital Foundation | Unrestricted - general | $5,000 |
| Clear Path for Veterans | General opertaing | $5,000 |
| Chenango County Blues Association | General operating | $4,000 |
| Chenango County Council of Arts | General operating | $3,500 |
| Unadilla Valley Central School District | Uvcs rif program | $3,100 |
| Rensselaer Polytechnic Institute | Scholarship | $3,000 |
| Ithaca College | Scholarship | $3,000 |
| Albany Law School | Scholarship | $3,000 |
| Cornell University | Scholarship | $3,000 |
| Good Shepherd Communities Foundation | General operating | $2,500 |
| Unadilla Valley Food Pantry | General | $2,500 |
| Susquehanna SPCA Inc | General operating | $2,500 |
| Colorscape Chenango Arts Festival | General operating | $2,500 |
| Friends of Bassett Inc | General operating | $2,500 |
| Madison County Rural Health Council | Mental health first aid | $2,500 |
| American Red Cross | General operating | $2,500 |
| Individual | Scholarship | $2,000 |
| Individual | Scholarship | $2,000 |
| Individual | Scholarship | $1,500 |
| Individual | Scholarship | $1,500 |
| Hamilton College | Scholarship | $1,500 |
| Passaic County Community College | Scholarship | $1,500 |
| Marywood University | Scholarship | $1,500 |
| Earlville Opera House | General operating | $1,500 |
| Delaware Valley Humane Society | General operating | $1,000 |
| Friends of Rogers Environmental Ed Center | General operating | $1,000 |
| New Berlin Art Forum | General operating | $1,000 |
Officers and trustees
- NBT Bank NA
- R Benedikt Sander
- Pauline Ashworth
- Jeffrey Fasoldt
Questions people ask
Does Preferred Mutual Insurance Company Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: April 12th.
How much does Preferred Mutual Insurance Company Foundation give?
$92,100 in tax year 2025, across 30 grants, with a typical grant of $2,500.
Who runs Preferred Mutual Insurance Company Foundation?
Its 2025 filing lists NBT Bank NA (Trustee), R Benedikt Sander (Director/Committee Member), Pauline Ashworth (Director/Committee Member) and Jeffrey Fasoldt (Director/Committee Member).
What does Preferred Mutual Insurance Company Foundation fund?
Based on its grants, mainly education, community development and human services.