Vermont Sustainable Jobs Fund Inc

Organization Overview

Vermont Sustainable Jobs Fund Inc is located in Montpelier, VT. The organization was established in 1996. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2021, Vermont Sustainable Jobs Fund Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Sustainable Jobs Fund Inc 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, Vermont Sustainable Jobs Fund Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $720.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Vermont Sustainable Jobs Fund Inc has awarded 49 individual grants totaling $1,100,089. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE VERMONT SUSTAINABLE JOBS FUND (VSJF) IS A NON-PROFIT ORGANIZATION COMMITTED TO NURTURING THE SUSTAINABLE DEVELOPMENT OF VERMONT'S ECONOMY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE VERMONT SUSTAINABLE JOBS FUND (VSJF) WAS DESIGNATED BY THE VERMONT LEGISLATURE IN 2009 TO SERVE AS THE ADMINISTRATOR OF THE FARM TO PLATE INVESTMENT PROGRAM, WITH THE AIM OF STRENGTHENING VERMONT'S FOOD SYSTEM OVER TEN YEARS. IN 2019, THE LEGISLATURE REAUTHORIZED ANOTHER TEN YEARS OF THE FARM TO PLATE INVESTMENT PROGRAM TO: INCREASE SUSTAINABLE ECONOMIC DEVELOPMENT AND CREATE JOBS IN VERMONT'S FOOD AND FARM SECTOR; 2. IMPROVE SOILS, WATER, AND RESILIENCY OF THE WORKING LANDSCAPE IN THE FACE OF CLIMATE CHANGE; AND 3. IMPROVE ACCESS TO HEALTHY LOCAL FOODS FOR ALL VERMONTERS.


THE VERMONT SUSTAINABLE JOBS FUND'S BUSINESS ASSISTANCE PROGRAM SERVES CLIENTS CONNECTED TO AGRICULTURE AND FOOD SYSTEM, FOREST PRODUCT, WASTE MANAGEMENT, RENEWABLE ENERGY, AND ENVIRONMENTAL TECHNOLOGY SECTORS. WE PROVIDE TAILORED, HIGH-TOUCH PLANNING, COACHING, AND ADVISING FOR BUSINESS OWNERS AND THEIR MANAGEMENT TEAMS TO ADVANCE PROFITABILITY, JOB CREATION, AND SUSTAINABLE BUSINESS DEVELOPMENT.


THE VERMONT SUSTAINABLE JOBS FUND'S FOREST PRODUCTS PROGRAM SUPPORTS AND PROMOTES VERMONT'S FOREST PRODUCTS INDUSTRY THROUGH THE DEVELOPMENT OF VALUE CHAIN INVESTMENT STRATEGIES AND A COMMUNICATIONS STRATEGY TO IMPROVE MARKET OPPORTUNITIES FOR THE INDUSTRY. THE PROGRAM IS A COLLABORATIVE PARTNERSHIP BETWEEN THE VERMONT SUSTAINABLE JOBS FUND AND THE VERMONT WORKING LANDS ENTERPRISE INITIATIVE CENTER.


THE DELTACLIMEVT BUSINESS ACCELERATOR IS A VERMONT-BASED PROGRAM SERVING STARTUP AND SEED-STAGE VENTURES FOCUSING ON CLIMATE ECONOMY INNOVATION ACROSS MULTIPLE INDUSTRIES. OUR THREE IMMERSIVE SPRINTS HELP COMPANIES REFINE THEIR VISION, SOLIDIFY THEIR STRATEGY, AND ENABLE RAPID GROWTH. PARTICIPANTS GRADUATE WITH IMPROVED BUSINESS PLANS, NEW TOOLS TO ATTRACT INVESTORS, AND THE POTENTIAL TO GROW THEIR BUSINESS OPPORTUNITIES IN VERMONT AND BEYOND. THE FLEXIBLE CAPITAL FUND, L3C (FLEX FUND) IS A MISSION-BASED, FOR PROFIT INVESTMENT FUND LAUNCHED IN 2011 THAT PROVIDES FLEXIBLE RISK CAPITAL TO INNOVATIVE GROWTH STAGE COMPANIES IN VERMONT'S FOOD SYSTEM, FORESTRY AND CLEAN TECHNOLOGY SECTORS. THE VERMONT SUSTAINABLE JOBS FUND SERVES AS THE FLEX FUND'S MANAGER, AND THROUGH CONTRACTUAL ARRANGEMENT PROVIDES FUND MANAGEMENT SERVICES AND ADMINISTRATIVE SUPPORT TO THE FLEX FUND ON A FEE FOR SERVICE BASIS. DECISION-MAKING AUTHORITY AND GOVERNANCE FOR THE FLEX FUND IS DONE SOLELY THROUGH THE FLEX FUND'S BOARD OF MANAGERS.


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Board, Officers & Key Employees

Name (title)Compensation
Ellen Kahler
Executive Di
$112,051
Nate Hausman
Chair
$0
Robin Scheu
Secretary/tr
$0
Shelly Severinghaus
Vice Chair
$0
Andrea Cohen
Director
$0
Anson Tebbetts
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $342,749
All other contributions, gifts, grants, and similar amounts not included above$1,015,180
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,357,929
Total Program Service Revenue$125,641
Investment income $226,525
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,455
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,711,550

Grants Awarded

Over the last fiscal year, Vermont Sustainable Jobs Fund Inc has awarded $162,005 in support to 9 organizations.

Grant RecipientAmount

VERMONT WOOD WORKS COUNCIL

Org PageRecipient Profile

Middlebury, VT

PURPOSE: FOREST PRODUCTS

$36,500

THIRD SECTOR NE MISSIONWORKS

Org PageRecipient Profile

Boston, MA

PURPOSE: F2P NETWORK GRANT

$29,192

PECOS WIND POWER

PURPOSE: DELTACLIMEVT AWARD

$25,000

MEDLEY THERMAL LLC

PURPOSE: DELTACLIMEVT AWARD

$15,000

HARTFORD FOOD SYSTEM

Org PageRecipient Profile

Hartford, CT

PURPOSE: F2P NETWORK GRANT

$14,345

FRANKLIN COUNTY COMM DEVELOPMENT

Org PageRecipient Profile

Greenfield, MA

PURPOSE: F2P NETWORK GRANT

$11,854
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Vermont Sustainable Jobs Fund Inc has recieved totaling $1,012,005.

Awarding OrganizationAmount
Henry P Kendall Foundation Trust

Boston, MA

PURPOSE: 1. PLANNING FOR THE NEW ENGLAND STATE FOOD SYSTEMS PLANNERS PARTNERSHIP'S NEW ENGLAND FEEDING NEW ENGLAND PROJECT 2. SUPPORT NEW STRATEGIC PLAN IMPLEMENTATION WITH INCREASED STAFF CAPACITY TO ASSIST THE FARM TO PLATE NETWORK

$300,000
High Meadows Fund Inc

Middlebury, VT

PURPOSE: TO SUPPORT GENERAL PROGRAMMING INCLUDING THE VT FOREST INDUSTRY NETWORK, VT FARM AND OPERATING SUPPORT FOR THE VT RELEAF COLLECTIVE.

$251,250
Vermont Community Foundation

Middlebury, VT

PURPOSE: GENERAL PURPOSE

$134,750
Janes Trust Foundation

Boston, MA

PURPOSE: THE DELTACLIME-VT CLIMATE ECONOMY BUSINESS ACCELERATOR

$100,000
Sandy River Charitable Foundation

Farmington, ME

PURPOSE: GENERAL OPERATING

$80,000
John Merck Fund

Harrison, NY

PURPOSE: TO INCREASE SUSTAINABLE ECONOMIC DEVELOPMENT AND CREATE JOBS IN VERMONTS FOOD AND FARM SECTOR; AND IMPROVE ACCESS TO HEALTHY, LOCAL FOOD FOR ALL VERMONTERS.

$75,000
View Grant Recipient Profile

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