Vermont Foodbank

Organization Overview

Vermont Foodbank is located in Barre, VT. The organization was established in 1990. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2023, Vermont Foodbank employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Foodbank 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 09/2023, Vermont Foodbank generated $34.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $36.7m during the year ending 09/2023. While expenses have increased by 5.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE VERMONT FOODBANK IS THE STATE'S ONLY FOOD BANK AND AN INDEPENDENT NONPROFIT THAT IS PART OF THE FEEDING AMERICA NETWORK. OUR MISSION IS TO GATHER AND SHARE QUALITY FOOD AND NURTURE PARTNERSHIPS SO THAT NO ONE IN VERMONT WILL GO HUNGRY. WE PROVIDE NOURISHING FOOD THROUGH A NETWORK OF MORE THAN 320 COMMUNITY PARTNERS - FOOD SHELVES, MEAL SITES, SCHOOLS, HOSPITALS, AND HOUSING SITES. FOOD INSECURITY HAS INCREASED DRAMATICALLY AS A RESULT OF THE END OF THE PANDEMIC SUPPORTS AND ECONOMIC CRISIS; THE VERMONT FOODBANK HAS BEEN ON THE FRONT LINES, WORKING TO ENSURE THAT EVERYONE HAS THE FOOD THEY NEED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN FISCAL YEAR 2023, THE VERMONT FOODBANK DISTRIBUTED 12.6 MILLION POUNDS OF DONATED FOOD, PRODUCE, USDA FOODS, AND PURCHASED FOOD DIRECTLY TO INDIVIDUALS AND MORE THAN 220 NETWORK PARTNERS. OF THAT, A RECORD 4.1 MILLION POUNDS WAS FRESH FRUITS AND VEGETABLES. AND A FULL 49% OF THE FOOD DISTRIBUTED WAS FRESH FOOD (PRODUCE, MEAT, AND DAIRY). THE VERMONT FOODBANK ALSO WORKED WITH MORE THAN 200 VERMONT FARMS TO GATHER AND SHARE MORE THAN 1.5 MILLION POUNDS OF LOCAL FOOD WORTH OVER $2.4 MILLION. DURING THE SAME PERIOD, THE FOODBANK FUNDED MORE THAN 480 GRANTS TOTALING ALMOST $2.7M TO NETWORK AND COMMUNITY PARTNER ORGANIZATIONS. THESE GRANTS, WHICH TOUCHED EVERY COUNTY IN VERMONT, DEEPENED OUR IMPACT AND HELPED SOLVE TARGETED CHALLENGES TO FOOD ACCESS IN LOCAL COMMUNITIES (EXAMPLES INCLUDE INCREASING REFRIGERATION CAPACITY TO ENABLING PURCHASING FRESH PRODUCE FROM LOCAL, SMALL-SCALE FARMS). THE FOODBANK WORKED WITH MORE THAN 21 PARTNERS, HOSPITALS, AND SCHOOLS TO HOST FRESH FOOD DISTRIBUTION EVENTS, PRIMARILY DRIVE-THRU, ACROSS ALL VERMONT COUNTIES, DISTRIBUTING FRESH FOODS TO AN AVERAGE OF 7600 HOUSEHOLDS A MONTH. THE VERMONT FOODBANK CONTINUES TO SEE SIGNIFICANT INCREASES IN EXPENSES OVER PRE-PANDEMIC BUDGETS. HOWEVER, INCREASES IN REVENUE ENABLED THE VERMONT FOODBANK TO CONFIDENTLY INCREASE ITS EXPENSES TO MEET A TREMENDOUS INCREASE IN FOOD INSECURITY IN VERMONT, BROUGHT ON BY THE GLOBAL PANDEMIC. REVENUE IN FISCAL YEAR 2023 MET PROJECTIONS, MAINLY THROUGH PRIVATE PHILANTHROPY AND A $2M APPROPRIATION FROM THE STATE OF VERMONT. A 2022 STUDY BY THE UNIVERSITY OF VERMONT SHOWS THAT 2 IN 5 PEOPLE IN VERMONT HAVE EXPERIENCED FOOD INSECURITY IN THE 12 MONTHS PRIOR. THIS DATA IS SUPPORTED BY 2022 DATA SHARED BY THE USDA. THESE STUDIES SHOW THAT FOOD INSECURITY IS FAR HIGHER THAN THE 9.6% FOOD INSECURITY RATE VERMONT SAW BEFORE THE CASCADING CRISES OF THE PAST THREE YEARS, AND IS ALSO HIGHER THAN AT ANY POINT IN 2020 OR 2021. THIS SUMMER'S CATASTROPHIC FLOODING AROUND THE STATE CREATED AN ADDITIONAL CRISIS FOR OUR NEIGHBORS EXPERIENCING HUNGER AND HAS PUT ADDITIONAL PRESSURE ON THE CHARITABLE AND EMERGENCY FOOD NETWORK. THIS LEVEL OF NEED IS BEYOND WHAT OUR NETWORK OF COMMUNITY ORGANIZATIONS WAS BUILT TO ADDRESS. THE NEED WAS MADE STARKER WITH THE END OF FEDERAL PANDEMIC-ERA PROGRAMS SUPPORTING OUR NEIGHBORS' NUTRITION NEEDS. THIS WAS FELT PARTICULARLY STRONGLY AMONG NEIGHBORS WHO ARE LEAST ABLE TO ADJUST QUICKLY TO THESE CHANGING CIRCUMSTANCES. SINCE SNAP (3SQUARESVT) EMERGENCY ALLOTMENTS ENDED IN APRIL 2023 (AN AVERAGE OF $500/MONTH IN LOST BENEFITS PER FAMILY, AFFECTING 40,000 HOUSEHOLDS), THE FOODBANK'S NETWORK OF FOOD PANTRIES, FOOD SHELVES, AND MEAL SITES HAS SEEN A MARKED INCREASE IN VISITS. IN JUNE 2023, VF DISTRIBUTED 988,913 LBS. OF FOOD. IN AUGUST IT WAS 1.42 MILLION LBS. - A 44% INCREASE. WE ANTICIPATE THAT THIS LEVEL OF NEED WILL CONTINUE TO REMAIN HIGH, ESPECIALLY IN FLOOD IMPACTED REGIONS.THE VERMONT FOODBANK, THE STATE'S ONLY FOOD BANK, IS AN INTEGRAL PART OF EMERGENCY RESPONSE IN THE STATE OF VERMONT. INCREASED REVENUE HAS ENABLED THE VERMONT FOODBANK TO: PURCHASE MORE FOOD TO MEET THE NEEDS OF NEIGHBORS, INCLUDING AN INCREASE IN LOCAL FOOD PURCHASES; INCREASE THE PERCENTAGE OF FRESH FOODS (FRUITS, VEGETABLES, DAIRY AND PROTEINS) BEING DISTRIBUTED STATE-WIDE; PROVIDE INCREASED, DIRECT FINANCIAL SUPPORT TO COMMUNITY PARTNERS, INCLUDING FOOD SHELVES, FARMS, AND FOOD ACCESS PROGRAMS (OFTEN SMALLER NON-PROFITS WITHOUT CAPACITY FOR FUNDRAISING AND/OR GRANT MANAGEMENT); CREATE NEW FOOD DISTRIBUTION MECHANISMS TO BOTH MEET INCREASED NEEDS AND DO SO SAFELY IN THE MIDST OF THE GLOBAL PANDEMIC; INVEST IN NEW IDEAS TO INCREASE FOOD ACCESS (HOPEFULLY REDUCING FUTURE NEED FOR LARGER-SCALE EMERGENCY RESPONSE); AND TO HAVE NECESSARY RESERVES TO CONTINUE TO SERVE AS AN INTEGRAL PART OF BOTH "NORMAL AND EMERGENCY RESPONSE CHARITABLE FOOD DISTRIBUTION/FOOD ACCESS IN THE STATE OF VERMONT.


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Board, Officers & Key Employees

Name (title)Compensation
Amy Davenport
Trustee
$0
Will Eberle
Trustee
$0
Michael Hourigan
Trustee
$0
Bruce Nash
Trustee
$0
Dr Jacob Park
Trustee
$0
Melissa Roberge
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $6,777,760
All other contributions, gifts, grants, and similar amounts not included above$25,380,078
Noncash contributions included in lines 1a–1f $17,932,261
Total Revenue from Contributions, Gifts, Grants & Similar$32,157,838
Total Program Service Revenue$17,000
Investment income $487,185
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $32,944
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,244,976
Miscellaneous Revenue$0
Total Revenue $34,063,087

Grants Awarded

Over the last fiscal year, Vermont Foodbank has awarded $12,685,388 in support to 3 organizations.

Grant RecipientAmount

VARIOUS FOODSHELVES

PURPOSE: URGENT NEEDS FUND

$12,474,771

CAPSTONE COMMUNITY ACTION

PURPOSE: COMMUNITY KITCHEN ACADEMY

$109,858

CHITTENDEN FOOD SHELF

PURPOSE: COMMUNITY KITCHEN ACADEMY

$100,759
View Grant Profile

Peer Organizations

Organization NameAssets
Regional Food Bank Of N E Ny Inc
Latham, NY
$97,549,848
Feedmore Western New York Inc
Buffalo, NY
$37,764,675
Vermont Foodbank
Barre, VT
$34,063,087
Food Bank Of Central New York
Syracuse, NY
$38,127,916
Feeding Westchester Inc
Elmsford, NY
$34,270,266
The Food Bank Of Western Massachusetts Inc
Chicopee, MA
$32,641,287
Yad Elka Inc
Brooklyn, NY
$19,914,406
Worcester County Food Bank Inc
Shrewsbury, MA
$19,580,223
The Open Door Cape Ann Food Pantry Inc
Gloucester, MA
$12,038,109
Masbia Of Queens
Brooklyn, NY
$6,270,720
Reb Shayalas Kitchen
Spring Valley, NY
$5,568,850
Bnai Raphael Chesed Organization Inc
Brooklyn, NY
$5,429,311
Merrimack Valley Food Bank Inc
Lowell, MA
$5,773,148
The Salem Pantry Inc
Salem, MA
$4,717,033
Family Pantry Of Cape Cod Corp The
Harwich, MA
$6,116,042
Sephardic Food Fund Inc
New York, NY
$4,924,279
Gotham Food Pantry
New York, NY
$3,695,276
Food Pantries Of The Capital Dist Inc
Albany, NY
$3,028,392
Food Bank Association Of New York State
Albany, NY
$3,537,099
Serve All Ny Inc
Bohemia, NY
$2,855,066
Brookline Food Pantry Inc
Brookline, MA
$2,641,076
Caritas Of Port Chester Inc
Port Chester, NY
$2,365,903
Tomchei Shabbos-Yad Yeshaya Inc
Far Rockaway, NY
$1,878,995
Arlington Eats Inc
Arlington, MA
$1,809,016
St Francis Food Pantries And Shelters Inc
New York, NY
$1,523,021

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