Courtney And Victoria Buffum Family Foundation is located in Burlington, VT. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Courtney And Victoria Buffum Family Foundation 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 12/2022, Courtney And Victoria Buffum Family Foundation generated $10.3m in total revenue. All expenses for the organization totaled $9.8m during the year ending 12/2022.
Since 2020, Courtney And Victoria Buffum Family Foundation has awarded 44 individual grants totaling $9,837,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NO DIRECT CHARITABLE ACTIVITIES
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Thomas J Gauntlett President/chair | 2 | $0 | |
| Mary Alice Mckenzie Vice President | 2 | $0 | |
| Patricia Motch Secretary | 1 | $0 | |
| David R Coates Treasurer | 1 | $0 | |
| Melissa Gauntlett Director | 1 | $0 | |
| Jeffrey Cole CPA Director | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,916,715 | 
| Interest on Savings | $20,665 | 
| Dividends & Interest | $60,172 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | -$719,797 | 
| Capital Gain Net Income | $5,039,451 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $10,277,755 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $18,334 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $1,295 | 
| Total operating and administrative expenses | $53,858 | 
| Contributions, gifts, grants paid | $9,750,000 | 
| Total expenses and disbursements | $9,803,858 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $616,113 | 
| 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 | $2,361,573 | 
| 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 | 
Over the last fiscal year, Courtney And Victoria Buffum Family Foundation has awarded $9,750,000 in support to 18 organizations.
| Grant Recipient | Amount | 
|---|---|
| BOYS & GIRLS CLUB OF BURLINGTON INC PURPOSE: TO EXTEND THE "EARLYPROMISE" ACADEMICIMPROVEMENT PROGRAM. | $5,000 | 
| BRAIN INJURY ASSOCIATION PURPOSE: TO SPONSOR KEYNOTE SPEAKER AND PROVIDESCHOLARSHIPS. | $6,000 | 
| RESOURCE PURPOSE: TO PROVIDE TOOLSAND EQUIPMENT FOR THEYOUTHBUILD PROGRAM. | $4,000 | 
| RONALD MCDONALD HOUSE CHARITIES PURPOSE: TO PROVIDEOPERATINGSUPPORT. | $5,000 | 
| CAMP TA-KUM-TA PURPOSE: TO SUPPORT PROGRAMS FOR CHILDRENWITH CANCER. | $3,000 | 
| THE FLYNN CENTER PURPOSE: TO SUPPORT THE2022-2023 STUDENTMATINEE SERIES. | $5,000 |