Governors Institutes Of Vermont

Organization Overview

Governors Institutes Of Vermont is located in Winooski, VT. The organization was established in 1988. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Governors Institutes Of Vermont employed 85 individuals. This organization is the central organization for a national or regional group of organizations. Governors Institutes Of Vermont is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Governors Institutes Of Vermont generated $920.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $816.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

GIV EMPOWERS YOUNG PEOPLE WITH INTENSIVE, HANDS-ON LEARNING EXPERIENCES IN COLLEGE SETTINGS WHICH INSPIRE THEIR ACADEMIC AND CREATIVE PASSIONS, BUILD CONFIDENCE AND LEADERSHIP, AND EXPAND THEIR SENSE OF POSSIBILITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GIV PROGRAMS INCLUDE: RESIDENTIAL EDUCATIONAL ACCELERATION PROGRAMS, PRIMARILY IN SUMMER, WHERE VERMONT HIGH SCHOOL STUDENTS RECEIVE INTENSIVE IN-DEPTH STUDY OPPORTUNITIES WITH PROFESSIONAL AND EXPERT MENTORS. SUMMER INTENSIVES INCLUDE ARTS (VISUAL AND PERFORMING), ASTRONOMY, ENGINEERING, ENVIRONMENTAL SCIENCE, GLOBAL ISSUES & YOUTH ACTION, HEALTH & MEDICINE, MATHEMATICAL SCIENCES, AND TECHNOLOGY & DESIGN. WINTER AND FALL INTENSIVES PROVIDE ADDITIONAL TOPICS IN SCIENCE, ARTS, AND LEADERSHIP. GIV AIMS TO ENSURE THAT ALL MOTIVATED VERMONT STUDENTS HAVE EQUITABLE ACCESS TO IN-DEPTH EDUCATIONAL RESOURCES REGARDLESS OF INCOME, GEOGRAPHY, OR DEMOGRAPHIC FACTORS, AND SPECIFICALLY RECRUITS LARGE NUMBERS OF UNDER- REPRESENTED STUDENTS. TARGET OUTCOMES FOR PARTICIPANTS INCLUDE INCREASED SUBJECT MATTER KNOWLEDGE, GREATER ACADEMIC MOTIVATION AND FOCUS, STRONGER SELF-CONFIDENCE AND SELF-ESTEEM, ENCOURAGEMENT OF PROSOCIAL BEHAVIORS, AND HIGHER POST- SECONDARY EDUCATION AND CAREER ASPIRATIONS. MORE INFORMATION AT WWW.GIV.ORG


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Board, Officers & Key Employees

Name (title)Compensation
Elizabeth Frascoia
Executive Di
$100,300
Jane Campbell
Chair
$0
Erin Wetherell
Secretary
$0
Brian Mckenna
Vice Chair
$0
John Hango
Treasurer
$0
Gwen Bailey-Rowe
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $317,553
All other contributions, gifts, grants, and similar amounts not included above$306,023
Noncash contributions included in lines 1a–1f $1,606
Total Revenue from Contributions, Gifts, Grants & Similar$623,576
Total Program Service Revenue$239,996
Investment income $20,063
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $37,214
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $920,849

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Governors Institutes Of Vermont has recieved totaling $98,138.

Awarding OrganizationAmount
Vermont Community Foundation

Middlebury, VT

PURPOSE: GENERAL PURPOSE

$23,000
Vermont Humanities Council

Montpelier, VT

PURPOSE: GENERAL PURPOSE

$15,000
Thomas Thompson Trust

Boston, MA

PURPOSE: SCHOLARSHIP SUPPORT FOR WINDHAM COUNTY GIV STUDENTS

$10,000
George W Mergens Foundation

Milton, VT

PURPOSE: GENERAL OPERATINGSUPPORT

$10,000
American Endowment Foundation

Hudson, OH

PURPOSE: GENERAL OPERATING SUPPORT

$10,000
Bay And Paul Foundations Inc

Wilmington, DE

PURPOSE: GENERAL OPERATING SUPPORT

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$334,639
Earnings$45,265
Other Expense$9,730
Ending Balance$370,174

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