Vermont Community Foundation

Organization Overview

Vermont Community Foundation is located in Middlebury, VT. The organization was established in 1986. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2019, Vermont Community Foundation employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Vermont Community Foundation generated $31.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $28.6m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Vermont Community Foundation has awarded 1,527 individual grants totaling $58,732,134. 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

THE VERMONT COMMUNITY FOUNDATION HELPS TO BUILD PHILANTHROPIC RESOURCES TO SUSTAIN HEALTHY AND VITAL VERMONT COMMUNITIES. THE FOUNDATION CONNECTS AND MOBILIZES PEOPLE THROUGH GIVING TO MULTIPLY THE IMPACT OF PHILANTHROPY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE VERMONT COMMUNITY FOUNDATION INSPIRES GIVING AND BRINGS PEOPLE AND RESOURCES TOGETHER TO MAKE A DIFFERENCE IN VERMONT. A FAMILY OF HUNDREDS OF FUNDS, THE FOUNDATION PROVIDES THE ADVICE, INVESTMENT VEHICLES, AND BACK-OFFICE EXPERTISE THAT MAKE IT EASY FOR THE PEOPLE WHO CARE ABOUT VERMONT TO FIND AND FUND THE CAUSES THEY LOVE. THE FOUNDATION ALSO PROVIDES NONPROFIT ENDOWMENT MANAGEMENT AND PLANNED GIVING SERVICES. IN 2019, THE FOUNDATION HAD NEARLY $35 MILLION AT WORK IN THE COMMUNITY THROUGH GRANTS, MISSION INVESTMENTS, AND PROGRAMMATIC ACTIVITY.THE HEART OF THE COMMUNITY FOUNDATION'S WORK IS CLOSING THE OPPORTUNITY GAP-THE DIVIDE THAT LEAVES TOO MANY VERMONTERS STRUGGLING TO GET AHEAD, NO MATTER HOW HARD THEY WORK. THE FOUNDATION IS ALIGNING ITS TIME, ENERGY, AND DISCRETIONARY RESOURCES ON EFFORTS THAT PROVIDE ACCESS TO EARLY CARE AND LEARNING, PATHWAYS TO COLLEGE AND CAREER TRAINING, SUPPORT FOR YOUTH AND FAMILIES, AND COMMUNITY AND ECONOMIC VITALITY.THE FOUNDATION ENVISIONS VERMONT AT ITS BEST-WHERE EVERYONE HAS THE OPPORTUNITY TO BUILD A BRIGHT, SECURE FUTURE.


THE FOUNDATION SUPPORTS EFFECTIVE PHILANTHROPY, WHICH INCLUDES GRANTMAKING, INVESTMENT MANAGEMENT AND ADMINISTRATIVE SUPPORT, THROUGHOUT THE STATE OF VERMONT. THE FOUNDATION OFFERED THESE SERVICES TO FIVE SUPPORTING ORGANIZATIONS IN 2019 RESULTING IN SUPPORTING FEE REVENUE AND GRANTS TO THESE SUPPORTING ORGANIZATIONS TO FURTHER THEIR MISSION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sanderson Asset Management Inc
Investment Manager
$116,252
Colonial Consulting
Investment Consultant
$196,562
Generation Investment Management Us
Investment Manager
$322,904
Focused Investors Fund Lp
Investment Manager
$117,640
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$219,669
Related organizations$62,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$21,253,100
Noncash contributions included in lines 1a–1f $13,167,640
Total Revenue from Contributions, Gifts, Grants & Similar$21,534,769
Total Program Service Revenue$533,789
Investment income $3,677,338
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,783,730
Net Income from Fundraising Events -$33,801
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $31,495,825

Grants Awarded

Over the last fiscal year, Vermont Community Foundation has awarded $20,742,227 in support to 428 organizations.

Grant RecipientAmount

Stowe, VT

PURPOSE: GEN. PURPOSE

$5,002,000

CHAMPLAIN HOUSING TRUST

Org PageRecipient Profile

Burlington, VT

PURPOSE: GEN. PURPOSE

$2,133,290

VERMONT LAND TRUST

Org PageRecipient Profile

Montpelier, VT

PURPOSE: GEN. PURPOSE

$995,882

Middlebury, VT

PURPOSE: GEN. PURPOSE

$690,250

GREATER BURLINGTON YMCA

Org PageRecipient Profile

Burlington, VT

PURPOSE: GEN. PURPOSE

$506,324

WINDHAM FOUNDATION INC

Org PageRecipient Profile

Grafton, VT

PURPOSE: GEN. PURPOSE

$349,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Vermont Community Foundation has recieved totaling $769,061.

Awarding OrganizationAmount
The@lionheart Charitable Trust

South Burlington, VT

PURPOSE: GENERAL SUPPORT

$249,911
The@lionheart Charitable Trust

South Burlington, VT

PURPOSE: GENERAL SUPPORT

$200,000
Gay & Lesbian Fund Of Vermont

Randolph, VT

PURPOSE: General Support

$100,500
Howard P Colhoun Fam Foundation Inc

Glyndon, MD

PURPOSE: FOR PINE LEVEL FUND AND COVID-19 SUPPORT

$60,000
Howard P Colhoun Fam Foundation Inc

Glyndon, MD

PURPOSE: FOR PINE LEVEL FUND AND COVID-19 SUPPORT

$60,000
Boatwright Foundation Inc

Parsippany, NJ

PURPOSE: GEN'L CONTRIBUTION

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$238,478,372
Earnings$41,759,779
Admin Expense$1,838,077
Net Contributions$21,489,463
Other Expense$3,174,595
Grants$22,567,095
Ending Balance$274,147,847

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