Vermont Community Foundation gives more than $16.7 million in 2015
The Vermont Community Foundation announced that it awarded more than $16.7 million in grants in Vermont and beyond in 2015, one of the highest levels of grantmaking in the Foundation’s 30-year history. The great majority of the grants were made by individuals, families, and businesses who work through the Community Foundation, while more than $1 million of the total was awarded through staff-guided grant programs. Many nonprofit organizations also have some or all of their endowment at the Foundation.
The grants addressed a broad range of issue areas including the arts, the environment, education, local food, health and human services, economic development, and more.
“Last year was an exceptional year of giving for our fundholders, and it underscores something that we already know: Vermonters are a generous, caring group,” says Felipe Rivera, interim president & CEO. “Whether they give to nonprofits, volunteer in their communities, or some combination of the two, it is clear that Vermonters deeply value their connections with one another. The positive trend in giving we saw in 2015 stands as a testament to that love of community.”
The high level of grantmaking mirrored a rise in contributions to the charitable funds that are managed by the Community Foundation. All told, the Foundation’s fundholders made $36 million in contributions to both existing funds and a record number of new funds at the Foundation. The Community Foundation currently manages over 700 funds and more than $220 million in charitable assets.