NonprofitsMontpelier Foundation Inc

Community Foundations

Montpelier Foundation Inc

MONTPELIER, VT

Total revenue

$1.7M

Total expenses

$1.3M

Net assets

$637K

Grants received

$1.1M

25 grants

EIN

832812482

Tax year

2023

Mission

To enhance our community's ability to make valuable capital investments to improve the quality of life for local residents and visitors.

Programs

1 program

Flood recovery grants - in july 2023, montpelier, vermont and neighboring towns experienced a devastating flooding event that affected many businesses and rental properties. The organization raised over 1.5 million to provide grants to local businesses to be used for clean up and rebuilding efforts.

Expenses: $1.3MGrants: $1.3M

Financials

FY 2023

Revenue

Contributions & grants$1.7M
Program service revenue
Investment income$19K
Other revenue
Total revenue$1.7M

Expenses

Grants paid$1.3M
Salaries & benefits
Fundraising$2K
Other expenses$5K
Total expenses$1.3M
Total assets$637K
Net assets$637K

People

8 listed

NameRoleCompensation

SARAH JARVIS

CHAIR

Board

0.5 hrs/wk

PAUL COSTELLO

VICE CHAIR

Board

2 hrs/wk

TIM HENEY

TREASURER

Board

2 hrs/wk

KAREN FREEMAN

SECRETARY

Board

2 hrs/wk

BEN DOYLE

BOARD MEMBER

Board

2 hrs/wk

JOHN HOLLAR

BOARD MEMBER

Board

0.5 hrs/wk

TOM GOLONKA

BOARD MEMBER

Board

0.5 hrs/wk

ED FLANAGAN

BOARD MEMBER

Board

0.5 hrs/wk

Grants received

Showing 25 of 25

FromAmountPurposeYear
$15K
GENERAL OPERATING SUPPORT
2024
$15K
MONTPELIER COMMISSION FOR RECOVERY AND RESILIENCE
2024
$8K
Community Challenge Grant to support AARP's Livable Communities initiative
2024
$403K
GENERAL PURPOSE
2023
$334K
For grant recipient's exempt purposes
2023
$50K
General Support
2023
$25K
FLOOD RELIEF
2023
$21K
PUBLIC, SOCIETAL BENEFIT
2023
$20K
TO ASSIST THE ORGANIZATION IN ITS FLOOD RESPONSE EFFORTS.
2023
$15K
PROGRAMATIC SUPPORT
2023
$15K
GENERAL SUPPORT
2023
$15K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$11K
MONTPELIER STRONG RECOVERY FUND
2023
$10K
MEDICAL / PUBLIC SERVICES
2023
$10K
General Support
2023
$8K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2023
$8K
MONTPELIER STRONG FLOOD RECOVERY PROGRAM - POOL
2023
$130
Non-specified grant support & org. mission
2022
$7K
PUBLIC, SOCIETAL BENEFIT
2021
$6K
For recipient's exempt purpose
2021
$3K
GENERAL SUPPORT
2021
$3K
GENERAL SUPPORT
2020
$100K
For grant recipient's exempt purposes
2019

Funded by

$1.1M from 19 funders · 25 grants · 2019–2024

Fidelity Investments Charitable Gift Fund

$434K · 2 grants · 2019–2023

The Vermont Community Foundation

$418K · 2 grants · 2023–2024

MacLeay Foundation

$50K · 1 grant · 2023

Eastrise Foundation

$35K · 2 grants · 2023–2024

Donor Advised Charitable Giving Inc

$28K · 2 grants · 2021–2023

The Wisdom Connection Inc

$25K · 1 grant · 2023

Vanguard Charitable Endowment Program

$21K · 2 grants · 2021–2023

The Greater Cincinnati Foundation

$15K · 1 grant · 2023

Details

EIN832812482
NTEE codeT31
Subsection03
Ruling date2019-03
Formed2018
Employees0
Volunteers8
MONTPELIER FOUNDATION INC — Mission, Financials & Grants Received | Grantivo