High Meadows Fund Inc
- Assets
- $79.4k
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 4
- Location
- Middlebury, VT
- Founding
- 04/2004
- Data as of
- 12/2021
- EIN
- 20-0288123
Organization Overview
High Meadows Fund Inc is located in Middlebury, VT. The organization was established in 2004. 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. As of 12/2021, High Meadows Fund Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. High Meadows 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, High Meadows Fund Inc generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $8.1m during the year ending 12/2021. While expenses have increased by 22.5% per year over the past 7 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.
Since 2015, High Meadows Fund Inc has awarded 206 individual grants totaling $13,396,667. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE HIGH MEADOWS FUND PROMOTES VIBRANT COMMUNITIES AND A HEALTHY, NATURAL ENVIRONMENT WHILE ENCOURAGING LONG-TERM ECONOMIC VITALITY IN VERMONT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTMAKING - THE HIGH MEADOWS FUND, INC MAKES GRANTS TO VAIROUS ORGANIZATIONS FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES TOWARDS ITS MISSION OF PROMOTING VIBRANT COMMUNITIES AND A HEALTHY NATURAL ENVIRONMENT WHILE ENCOURAGING LONG TERM VITALITY IN VERMONT. GRANTMAKING FOCUSED PRIMARILY ON ADDRESSING CHALLENGES THAT SURFACED DUE TO THE COVID-19 PANDEMIC, INCLUDING ENCOURAGING WORKING FARMS AND FORESTS; COMPACT SETTLEMENTS AND RESPONSIBLE WATERSHED MANAGEMENT; PROMOTING HEALTHY SOILS AND EXPANDING AGRICULTURAL AND FOREST PRODUCTS MARKETS; AND LOWERING FOSSIL FUEL USE IN BUILDINGS AND TRANSPORTATION.
RESEARCH - HIGH MEADOWS FUND, INC OCCASIONALLY RETAINS CONTRACTORS AND CONSULTANTS FOR UNDERTAKE RESEARCH OR FACILITATE MEETINGS AND CONVENINGS RELATED TO ITS MISSION. FOR EXAMPLE, FUNDING WAS PROVIDED TO ASSIST FOREST FOCUSED ORGANIZTIONS TO SHARE WHAT THEY WERE LEARNING ABOUT HOW BEST TO ENGAGE WITH FOREST LANDOWNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gaye Symington President | Officer | 40 | $94,549 |
Chelsea Bardot Lewis Until 121 Secretarty & Treasurer | OfficerTrustee | 2 | $0 |
Candace Page Vice Chair & Asst Secretar | OfficerTrustee | 2 | $0 |
Carl Ferenbach Chair | OfficerTrustee | 2 | $0 |
Sarah Waring Secretarty & Treasurer | OfficerTrustee | 2 | $0 |
Linda Markin Until 1021 Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $740,233 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $740,233 |
| Total Program Service Revenue | $0 |
| Investment income | $308,387 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,861,057 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,916,817 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,493,044 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $121,329 |
| Compensation of current officers, directors, key employees. | $60,665 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $216,188 |
| Pension plan accruals and contributions | $7,033 |
| Other employee benefits | $4,272 |
| Payroll taxes | $25,751 |
| Fees for services: Management | $109,548 |
| Fees for services: Legal | $6,257 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $62,432 |
| Fees for services: Other | $1,631 |
| Advertising and promotion | $11,763 |
| Office expenses | $5,406 |
| Information technology | $162 |
| Royalties | $0 |
| Occupancy | $9,788 |
| Travel | $745 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,808 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,372 |
| Insurance | $0 |
| All other expenses | $41 |
| Total functional expenses | $8,115,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,525 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,750 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $95 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $79,370 |
| Accounts payable and accrued expenses | $69,762 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $69,762 |
| Net assets without donor restrictions | $9,608 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $79,370 |
Grants Awarded
Over the last fiscal year, High Meadows Fund Inc has awarded $7,447,700 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
Montpelier, VT PURPOSE: TO SCALE UP AND ACCELERATE THE SUCCESSFUL TRANSITION OF FARMLAND AND FARM-BASED | $6,066,250 |
Montpelier, VT PURPOSE: TO SUPPORT GENERAL PROGRAMMING INCLUDING THE VT FOREST INDUSTRY NETWORK, VT FARM AND OPERATING SUPPORT FOR THE VT RELEAF COLLECTIVE. | $251,250 |
Burlington, VT PURPOSE: TWO YEARS OF GENERAL OPERATING SUPPORT TO PROMOTE FARM VIABILITY, FOOD ACCESS, A | $126,000 |
Brattleboro, VT PURPOSE: TO SUPPORT TWO PHASES OF GROWTH IN FOOD CONNECTS' FOOD HUB OVER TWO YEARS, TO FU | $95,000 |
Hardwick, VT PURPOSE: TO INVEST IN STAFFING, EQUIPMENT & FACILITIES THAT ENABLE GROWTH IN SALES & IMPR | $77,000 |
Boston, MA PURPOSE: TO PROVIDE STATE POLICY AND REGULATORY LEADERSHIP TO PROTECT VERMONT'S NATURAL R | $52,250 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that High Meadows Fund Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Impactassets Inc Bethesda, MD PURPOSE: FOREST HEALTH & INTEGRITY | $100,000 |
Endowment Analysis
| Beg. Balance | $22,116,359 |
| Earnings | $2,026,485 |
| Admin Expense | $322,605 |
| Net Contributions | $741,921 |
| Other Expense | $224,975 |
| Grants | $24,327,577 |
| Ending Balance | $9,608 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Eastern Bank Charitable Foundation Lynn, MA | $286,575,476 | $18,352,628 |
G Harold And Leila Mathers Charitable Foundation Rye Brook, NY | $96,045,942 | $16,941,265 |
Thomas L Kempner Jr Foundation Inc Southampton, NY | $328,355,645 | $44,754,721 |
Carmel Hill Fund New York, NY | $0 | $39,877,027 |