Richard E And Deborah L Tarrant Foundation Inc
- Assets
- $2.3m
- Revenue
- $36.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Winooski, VT
- Founding
- 03/2001
- Data as of
- 12/2022
- EIN
- 03-0364509
Organization Overview
Richard E And Deborah L Tarrant Foundation Inc is located in Winooski, VT. The organization was established in 2001. 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. Richard E And Deborah L Tarrant Foundation 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 12/2022, Richard E And Deborah L Tarrant Foundation Inc generated $36.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (34.1%) each year. All expenses for the organization totaled $481.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Richard E And Deborah L Tarrant Foundation Inc has awarded 357 individual grants totaling $12,081,718. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard E Tarrant Director | 1 | $0 | |
Deborah L Tarrant Director | 1 | $0 | |
Ronald L Roberts Director | 1 | $0 | |
Kevin S Veller Director | 1 | $0 | |
Frank Cioffi Director | 1 | $0 | |
Lauren A Curry Executive Director | 40 | $125,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,243 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,368 |
| Capital Gain Net Income | $20,368 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$3,844 |
| Other Income | $1,127 |
| Total Revenue | $36,894 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $125,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $16,804 |
| Interest | $0 |
| Taxes | $10,156 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $49,276 |
| Total operating and administrative expenses | $207,761 |
| Contributions, gifts, grants paid | $273,849 |
| Total expenses and disbursements | $481,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $344,688 |
| Savings and temporary cash investments | $0 |
| 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 | $1,927,858 |
| Total assets | $2,272,546 |
| 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 |
Grants Awarded
Over the last fiscal year, Richard E And Deborah L Tarrant Foundation Inc has awarded $273,849 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF VERMONT MEDICAL CENTER PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
AGE WELL PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
ADVANCE VT PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
NEIGHBORHOOD CONNECTIONS PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
DISMAS OF VERMONT PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
SPRINGFIELD FAMILY CENTER PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |