Castanea Foundation Inc

Organization Overview

Castanea Foundation Inc is located in Montpelier, VT. The organization was established in 2005. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Castanea 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

CASTANEA HAS BEEN ORGANIZED AND IS OPERATED TO FURTHER CHARITABLE, EDUCATIONAL, AND OTHER EXEMPT PURPOSES INCLUDING (I) RESEARCHING AND DEVELOPING SOLUTIONS TO PROTECT THE ENVIRONMENT; (II) PRESERVING, PROTECTING, AND ENHANCING LAND IN ITS NATURAL, SCENIC, HISTORIC, AGRICULTURAL, FORESTED, OR OPEN-SPACE CONDITION; (III) CONSERVING AND PROTECTING ECOLOGICALLY SIGNIFICANT LANDS BY SUPPORTING SUSTAINABLE LAND USE; (IV) EDUCATING THE PUBLIC ON THE BENEFITS OF ENVIRONMENTAL PROTECTION, CONSERVATION, AND THE PRESERVATION OF LAND AND OTHER NATURAL RESOURCES; (V) FOSTERING RURAL ECONOMIC DEVELOPMENT OPPORTUNITIES, SUPPORTING VOCATIONAL TRAINING, AND PROVIDING EMPLOYMENT TO AT-RISK WORKERS THEREBY REDUCING THE SOCIAL SERVICE BURDENS OF GOVERNMENT; AND, (VI) INVESTING IN OR MAKING GRANTS TO ENTERPRISES THAT FURTHER ONE OR MORE OF THE FOREGOING TAX-EXEMPT PURPOSES.


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Board, Officers & Key Employees

Name (title)Compensation
Wallace Tapia
Secretary
$0
Austin D Hart
Treasurer
$0
Megan Camp
President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Dinse Knapp & Mcandrew Pc
$63,209
Development Cycles
$58,131
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $12,220
Dividends & Interest $7,701
Profit on Inventory Sales $0
Other Income -$103,872
Total Revenue -$83,951

Grants Awarded

Over the last fiscal year, Castanea Foundation Inc has awarded $800,000 in support to 2 organizations.

Grant RecipientAmount

SHELBURNE FARMS

PURPOSE: GENERAL OPERATING SUPPORT

$50,000

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

PURPOSE: SUPPORT VERMONT FAMILY FARMER FUND

$750,000
View Grant Profile

Peer Organizations

Organization NameAssets
Trustees Of Reservations
Boston, MA
$79,907,362
Open Space Institute Land Trust Inc
New York, NY
$53,815,893
Vermont Land Trust Inc
Montpelier, VT
$27,492,178
Scenic Hudson Land Trust Inc
Poughkeepsie, NY
$17,687,239
Peconic Land Trust Incorporated
Southampton, NY
$18,872,137
The Finger Lakes Land Trust Inc
Ithaca, NY
$9,320,582
Mohonk Preserve Inc
Gardiner, NY
$5,366,042
Westchester Land Trust Inc
Bedford Hills, NY
$3,848,710
Saratoga P L A N Inc
Saratoga Springs, NY
$3,687,989
Agricultural Stewardship Association
Greenwich, NY
$3,317,044
Genesee Land Trust Inc
Rochester, NY
$6,949,927
Wildlands Trust Inc
Plymouth, MA
$3,521,152
Columbia Land Conservancy Inc
Chatham, NY
$2,528,092
American Freinds Of Canadian Nature Inc
Buffalo, NY
$3,164,558
Adirondack Council Inc
Elizabethtown, NY
$2,312,455
Essex County Greenbelt Association
Essex, MA
$5,567,688
Sudbury Valley Trustees Inc
Sudbury, MA
$2,995,412
Monterey Preservation Land Trust Inc
Monterey, MA
$5,726
Dutchess Land Conservancy Inc
Millbrook, NY
$4,124,135
Western New York Land Conservancy Inc
East Aurora, NY
$3,000,817
Berkshire Natural Resources
Lenox, MA
$3,680,063
Adirondack Land Trust Inc
Keene, NY
$8,029,308
Kestrel Land Trust Inc
Amherst, MA
$3,321,925
New York Agricultural Land Trustinc
Elbridge, NY
$1,524,924
Mount Grace Land Conservation Trust Inc
Athol, MA
$2,200,881

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