THE VERMONT COMMUNITY FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

DANIEL SMITH

Phone

8023883355

Tax Period

2023-01-01 to 2023-12-31

THE VERMONT COMMUNITY FOUNDATION, founded in 1986, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $52.8M in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $48.6M left a modest 8% surplus.

Mission

THE VERMONT COMMUNITY FOUNDATION HELPS TO BUILD PHILANTHROPIC RESOURCES TO SUSTAIN HEALTHY AND VITAL VERMONT COMMUNITIES. THE FOUNDATION CONNECTS AND MOBILIZES PEOPLE THROUGH GIVING TO MULTIPLY THE IMPACT OF PHILANTHROPY.

Program Service Accomplishments

Program 1

Expenses: $31,931,123 Revenue: $1,526,394

THE FOUNDATION SUPPORTS EFFECTIVE PHILANTHROPY, WHICH INCLUDES GRANTMAKING, INVESTMENT MANAGEMENT, AND ADMINISTRATIVE SUPPORT THROUGHOUT THE STATE OF VERMONT. THE FOUNDATION OFFERED THESE SERVICES TO FIVE SUPPORTING ORGANIZATIONS IN 2023, RESULTING IN SUPPORTING FEE REVENUE AND GRANTS TO THESE SUPPORTING ORGANIZATIONS TO FURTHER THESE SUPPORTING ORGANIZATIONS TO FURTHER THEIR MISSION.

Program 2

Expenses: $9,680,518 Revenue: $0

THE VERMONT COMMUNITY FOUNDATION INSPIRES GIVING AND BRINGS PEOPLE AND RESOURCES TOGETHER TO MAKE A DIFFERENCE IN VERMONT. A FAMILY OF HUNDREDS OF FUNDS AND FOUNDATIONS, THE FOUNDATION PROVIDES THE ADVICE, INVESTMENT VEHICLES, AND BACK-OFFICE EXPERTISE THAT MAKE IT EASY FOR THE PEOPLE WHO CARE ABOUT VERMONT TO FIND AND FUND THE CAUSES THEY LOVE. THE FOUNDATION ALSO PROVIDES NONPROFIT ENDOWMENT MANAGEMENT AND PLANNED GIVING SERVICES. IN 2023, THE FOUNDATION HAD NEARLY $68 MILLION AT WORK IN THE COMMUNITY THROUGH GRANTS, MISSION INVESTMENTS, AND PROGRAMMATIC ACTIVITY.THE HEART OF THE COMMUNITY FOUNDATION'S WORK IS CLOSING THE OPPORTUNITY GAP - THE DIVIDE THAT LEAVES TOO MANY VERMONTERS STRUGGLING TO GET AHEAD, NO MATTER HOW HARD THEY WORK. OVER THE NEXT FOUR YEARS, THE FOUNDATION IS PRIORITIZING GRANTS AND INVESTMENTS THAT: ENSURE VERMONT FAMILIES HAVE WHAT THEY NEED TO KEEP THEIR LOVED ONES HEALTHY AND SAFE; PROVIDE VERMONTERS ACCESS TO EDUCATIONAL OPPORTUNITIES THROUGHOUT THEIR LIFETIME; BUILD COMMUNITY RESILIENCE; SUPPORT PHYSICAL, MENTAL, AND EMOTIONAL HEALTH; AND ADVANCE EQUITY, STRENGTHEN BELONGING, FOSTER CREATIVITY, AND PROMOTE DEMOCRACY.THE FOUNDATION ENVISIONS VERMONT AT ITS BEST - WHERE EVERYONE HAS THE OPPORTUNITY TO BUILD A BRIGHT, SECURE FUTURE

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $44,670,108

Program Service Revenue $1,526,394

Investment Income $6,578,294

Other Revenue $17,406

TOTAL REVENUE $52,792,202

Expense Breakdown

Grants Paid $39,747,631

Salaries & Benefits $4,744,663

Fundraising Expenses $1,488,828

Program Expenses $41,611,641

Other Expenses $4,098,437

TOTAL EXPENSES $48,590,731

Year-over-Year Comparison

	2023	2022	Change
Revenue	$52,792,202	$40,050,864	+0.3%
Expenses	$48,590,731	$39,751,190	+0.2%
Net Income	$4,201,471	$299,674	+13.0%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

230

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✓ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,347,297

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLYN DWYER UNTIL 0623	CHAIR	8.00	Officer Director	$0	$0	$0
SPENCER KNAPP	CHAIR	8.00	Officer Director	$0	$0	$0
MARK FOLEY JR	VICE CHAIR	2.00	Director	$0	$0	$0
ALLYSON LAACKMAN	TREASURER	4.00	Officer Director	$0	$0	$0
KRISTEN CARLSON	SECRETARY	4.00	Officer Director	$0	$0	$0
LAURIE BEYRANEVAND	DIRECTOR	2.00	Director	$0	$0	$0
CINDY CHAR	DIRECTOR	2.00	Director	$0	$0	$0
KATHY AUSTIN	DIRECTOR	2.00	Director	$0	$0	$0
TIM BRIGLIN	DIRECTOR	2.00	Director	$0	$0	$0
DIMITRI GARDNER	DIRECTOR	2.00	Director	$0	$0	$0
JOHN VOGEL	DIRECTOR	2.00	Director	$0	$0	$0
NICOLE CURVIN	DIRECTOR	2.00	Director	$0	$0	$0
TAMMY NEWMARK	DIRECTOR	2.00	Director	$0	$0	$0
LINDSAY DESLAURIERS	DIRECTOR	2.00	Director	$0	$0	$0
RICH HOLSCHUH	DIRECTOR	2.00	Director	$0	$0	$0
ALEX MACLEAN	DIRECTOR	2.00	Director	$0	$0	$0
DANIEL SMITH	CEO	46.00	Officer	$229,526	$60,936	$290,462
FELIPE RIVERA	VP FOR STRATEGY AND COMMUNICATIONS	50.00	Officer	$145,875	$37,379	$183,254
STACIE FAGAN	VP FOR PHILANTHROPY	48.00	Officer	$131,701	$44,835	$176,536
ANNA GRADY	VP FOR OPERATIONS AND ADMINISTRATION	48.00	Officer	$146,645	$22,449	$169,094
LORI HANCOCK UNITL 032023	CONTROLLER	40.00	Officer	$33,179	$4,929	$38,108
ERIK BURGE	CONTROLLER	40.00	Officer	$110,733	$9,189	$119,922
NANCY BROCK UNTIL 072023	VP FOR FINANCE	45.00	Officer	$92,651	$20,414	$113,065
BARRU PIUS AS OF 052023	VP FOR FINANCE	40.00	Officer	$101,954	$11,565	$113,519
HOLLY MOREHOUSE	VP FOR GRANTS AND COMMUNITY INVESTMENT	48.00	Officer	$131,942	$11,395	$143,337
MARTHA TROMBLEY OAKES	SR. PHILANTHROPIC ADVISOR	40.00	Highest	$120,146	$8,873	$129,019
ELISABETH MARX	SR PHILANTHROPIC ADVISOR	40.00	Highest	$103,444	$20,146	$123,590
RUTH HENRY	SR PHILANTHROPIC ADVISOR	40.00	Highest	$100,612	$33,273	$133,885
CAROLYN WEIR	EXECUTIVE DIR. MCCLURE FOUNDATION	40.00	Highest	$115,798	$10,090	$125,888

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$52,792,202	$48,590,731	$358,219,150	$4,201,471
2022	$40,050,864	$39,751,190	$316,750,116	$299,674
2021	$79,760,072	$41,996,441	$373,063,908	$37,763,631
2020	$39,275,546	$33,537,396	$310,876,312	$5,738,150
2019	$31,495,825	$28,562,864	$290,175,712	$2,932,961
2018	$33,540,049	$21,141,061	$254,491,126	$12,398,988