Killington Play It Forward Business Relief Fund

What We Fund

The Killington Play It Forward Business Relief Fund, established with support from the founder of POWDR and owner of Killington Resort, will provide grants to businesses navigating these challenging times. The donors are eager to support the mountain community in which they love to live, work, and play.

The Fund is designed to help businesses with revenues under $2 million in Killington, Vermont that are in distress due to the COVID-19 pandemic. Under U.S. Internal Revenue Service rules, businesses qualify for charitable grants if they demonstrate financial stress due to the COVID-19 pandemic, they have no reasonable access to resources to mitigate the impact of the disaster, and the decline or closure of the business will contribute to “community deterioration.” 

What We Don't Fund

We do not expect to support businesses in the following sectors:

  •  Business-to-business consulting and marketing
  •  Financial, legal, and professional services
  •  Fuel and utility
  •  Manufacturing, except food and farm
  •  Medical (i.e. hospitals, medical practices), except physical and massage therapy
  •  Franchises, chains, or statewide corporations

Grant Size

The fund will award grants of about $1,000 to $2,500. 

The size of grants will be based on the relative size of the business, the level of the business’s COVID-related financial distress, the importance of the business to their town’s vibrancy, the number of applicants, and available funding.

Who May Apply (Conditions)

No person in the United States shall, on the basis of actual or perceived race, color, religion, national origin, sex, gender identity (as defined in paragraph 249(c)(4) of title 18, United States Code), sexual orientation, marital or parental status, political affiliation, military service, physical or mental ability be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any program or activity funded in whole or in part with funds made available (meaning any funds having a competitive application process) by the Vermont Community Foundation, and any other program or activity funded in whole or in part with funds appropriated for grants, cooperative agreements, and other assistance administered by the Foundation.

Grant applicants must provide services and have employment policies and practices without discrimination on the basis of race, color, religion, national origin, sex, gender identity (as defined in paragraph 249(c)(4) of title 18, United States Code), sexual orientation, marital or parental status, political affiliation, military service, physical or mental ability.

Deadline and Notification

Applications must be submitted electronically by 6:00 p.m. on Friday, August 14, 2020 using the link below.  

Applicants will be notified of the results of their application by the end of August.

Application Process

Please use the links below to download the Application Narrative Statement and Financial Profile.  Once you download the two documents, you must save the information in the forms on your computer before submitting them.

Please transmit the five documents listed below to NeighborWorks of Western Vermont.  You can submit them (1) via fax at 802-438-5338, (2) by placing them in NeighborWorks’ secure lock box at 110 Marble Street, West Rutland, Vermont, or (3) by emailing lending@nwwvt.org to obtain a secure email link.  For your protection, it is important to use one of these secure modes of transmitting your financial records. All five documents must be included for the application to be considered complete and eligible for funding.  

  1.  Narrative Statement, including business profile and responses to eligibility and application questions.
  2.  Financial Profile, including Personal Financial Statement of Principal.
  3. The first four pages of your 2019 Federal Business Tax Return.
  4.  Your Profit and Loss statements for January through June 2020 with a comparison for the same period in 2019.
  5. Current Balance Sheet.

Note: The Vermont Community Foundation is partnering with NeighborWorks to verify applicant business’s statements of financial need and available resources.  Only NeighborWorks will see the financial profile, personal financial statement, tax return, and profit and loss statements; not the fund donors or any other party. The Vermont Community Foundation will make all final grant eligibility and award decisions based on the application narrative, a summary of the business revenue and need, rating of need, and application narrative. 

Please note that the Vermont Community Foundation and NeighborWorks are observing health guidelines and state policies for limited staffing at facilities, social distancing and remote work.  We encourage applicants to read instructions carefully and submit complete applications. If you have a pressing question, please contact Elisabeth Marx, Senior Philanthropic Advisor at the Vermont Community Foundation, at emarx@vermontcf.org.