Vermont Childrens Trust Foundation
- Assets
- $2.3m
- Revenue
- $1.4m
- Investments
- $1.9m
- Employees
- 2
- Location
- Burlington, VT
- Founding
- 06/1991
- Data as of
- 06/2024
- EIN
- 03-0328193
Organization Overview
Vermont Childrens Trust Foundation is located in Burlington, VT. The organization was established in 1991. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2024, Vermont Childrens Trust Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Childrens Trust 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 06/2024, Vermont Childrens Trust Foundation generated $1.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $844.8k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Vermont Childrens Trust Foundation has awarded 440 individual grants totaling $4,858,285. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
VCTF WORKS TO ENSURE THE WELL-BEING OF CHILDREN AND FAMILIES IN VERMONT BY RAISING PRIVATE MONEY TO FUND PREVENTION PROGRAMS FOR CHILDREN AND FAMILIES THROUGHOUT VERMONT. IN FY 2024, VCTF FUNDED 69 PROGRAMS FOR A TOTAL OF $ 658,172.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE FISCAL YEAR ENDING JUNE 30, 2024, VCTF GRANTED $658,172 TO 69 PROGRAMS SERVING JUST OVER 19,000 PEOPLE THROUGHOUT VERMONT. THE PROGRAMS FUNDED SERVE CHILDREN AGED BIRTH TO 18 AND THEIR FAMILIES. PROGRAMS MAY BE PRE-SCHOOL, AFTER-SCHOOL, OR PARENTING EDUCATION. ALL OF THESE PROGRAMS ARE WORKING TO KEEP CHILDREN CONNECTED TO THEIR COMMUNITIES; PREPARING THEM TO DO WELL IN SCHOOL; BROADENING THEIR EXPERIENCES THROUGH ART, LITERATURE, THEATER AND NATURE; TEACHING CHILDREN IMPORTANT SKILLS TO REDUCE RISK FACTORS; AND MUCH MORE. WE ALL KNOW THAT EDUCATED, CARED-FOR, HEALTHY CHILDREN ARE MORE LIKELY TO REALIZE THEIR PROMISE. VCTF FUNDS ARE GRANTED TO PROGRAMS THAT MEET THE FOLLOWING OUTCOMES: 1. VERMONT'S FAMILIES ARE SAFE, NURTURING, STABLE AND SUPPORTED. 2. VERMONT'S CHILDREN AND YOUNG PEOPLE ACHIEVE THEIR POTENTIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Ahmadi Executive Dir. | Officer | 25 | $73,374 |
William Allen Director | Trustee | 0.5 | $0 |
Molly Bucci President | OfficerTrustee | 0.5 | $0 |
Jean Burke Treasurer | OfficerTrustee | 0.5 | $0 |
Matt Campbell Vice President | OfficerTrustee | 0.5 | $0 |
Julie Elitzer Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,000 |
| Related organizations | $0 |
| Government grants | $129,212 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,117,706 |
| Noncash contributions included in lines 1a–1f | $2,118 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,260,918 |
| Total Program Service Revenue | $0 |
| Investment income | $54,869 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $417 |
| Net Income from Fundraising Events | $41,756 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,357,960 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $658,172 |
| Grants and other assistance to domestic individuals. | $1,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $78,540 |
| Compensation of current officers, directors, key employees. | $7,854 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,350 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,280 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,904 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,450 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,813 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,194 |
| Travel | $1,369 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,140 |
| All other expenses | $2,203 |
| Total functional expenses | $844,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,747 |
| Savings and temporary cash investments | $221,182 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,927,976 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,297,905 |
| Accounts payable and accrued expenses | -$1,187 |
| Grants payable | $5,000 |
| 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 | $3,107 |
| Total liabilities | $6,920 |
| Net assets without donor restrictions | $2,290,985 |
| 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 | $2,297,905 |
Grants Awarded
Over the last fiscal year, Vermont Childrens Trust Foundation has awarded $586,217 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
ADDISON NW SCHOOL DISTRICT PURPOSE: OPERATIONS | $15,000 |
ARTS BUS PURPOSE: OPERATIONS | $60,000 |
BOYS & GIRLS CLUB BRATTLEBORO PURPOSE: OPERATIONS | $5,018 |
BIG BROTHERBIG SISTER OF VT PURPOSE: OPERATIONS | $10,000 |
CHILD CARE RESOURCE PURPOSE: OPERATIONS | $15,000 |
DAD GUILD PURPOSE: OPERATIONS | $11,000 |