Curtis Fund Inc
- Assets
- $30.1m
- Revenue
- $2.6m
- Investments
- $29.5m
- Employees
- 0
- Location
- Middlebury, VT
- Founding
- 08/1959
- Data as of
- 12/2021
- EIN
- 03-6009912
Organization Overview
Curtis Fund Inc is located in Middlebury, VT. The organization was established in 1959. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Curtis 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, Curtis Fund Inc generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES COLLEGE EDUCATION GRANTS TO VERMONT HIGH SCHOOL STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shana Trombley Executive Director | 40 | $64,802 | |
Dan Smith Secretary | 0.5 | $0 | |
Leilani Pearl Director | 0.5 | $0 | |
Amy Mellencamp Vice President | 0.5 | $0 | |
Michael Breen Treasurer | 0.5 | $0 | |
Spencer Knapp Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $784,013 |
| Interest on Savings | $35 |
| Dividends & Interest | $759,426 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,072,695 |
| Capital Gain Net Income | $1,072,695 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,616,169 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $64,802 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $11,190 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $2,927 |
| Travel, conferences, and meetings | $609 |
| Printing and publications | $8,107 |
| Other expenses | $14,412 |
| Total operating and administrative expenses | $262,735 |
| Contributions, gifts, grants paid | $1,645,809 |
| Total expenses and disbursements | $1,908,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $516,228 |
| Savings and temporary cash investments | $56,683 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $30,088,568 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Curtis Fund Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joan And Irwin Jacobs Technion-Cornell Innovation Instit New York, NY | $205,040,861 | $18,316,542 |
Tikvah Fund New York, NY | $103,047,859 | $6,270,985 |
Catholic Schools Foundation Inc Boston, MA | $110,171,239 | $27,305,892 |
Echoing Green Inc New York, NY | $60,744,468 | $19,754,073 |
Partnership For Ed Advancement Inc New York, NY | $36,194,552 | $41,198,488 |
Alavi Foundation New York, NY | $64,468,510 | $30,201,673 |
Uncommon Lender Inc New York, NY | $174,239,408 | $12,168,791 |
Family Enrichment Network Inc Johnson City, NY | $8,020,609 | $12,621,621 |
Laspau Inc Cambridge, MA | $9,172,350 | $9,862,515 |
Vermont Student Development Fund Inc Winooski, VT | $17,468,961 | $10,359,436 |
The Teagle Foundation Incorporated New York, NY | $172,379,349 | $12,655,674 |
Jackie Robinson Foundation Inc New York, NY | $30,161,175 | $8,662,334 |