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Bank Of Bennington Foundation is a private corporation based in BENNINGTON, VT. The foundation received its IRS ruling in 2023. It holds total assets of $1.4M. Annual income is reported at $362K. Total assets have grown from $400K in 2021 to $1.4M in 2024. The foundation is governed by 8 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2024. According to available records, Bank Of Bennington Foundation has made 7 grants totaling $70K, with a median grant of $10K. Annual giving has grown from $30K in 2023 to $40K in 2024. Individual grants have ranged from $5K to $25K, with an average award of $10K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Vermont. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bank Of Bennington Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in VT.
Bank Of Bennington Foundation has distributed a total of $70K across 7 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $5K to $25K.
Bank Of Bennington Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bank Of Bennington Foundation is headquartered in BENNINGTON, VT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John M Ahearn | Board Chair/Director | $0 | $0 | N/A |
| Justin P Salem | Vice Chair/Director | $0 | $0 | N/A |
| James D Brown | Director | $0 | $0 | N/A |
| William W Brownlee | Director | $0 | $0 | N/A |
| Florence M Belnap | Director | $0 | $0 | N/A |
| Laurie T Cohen | Director | $0 | $0 | N/A |
| Jason P Morrissey | Director | $0 | $0 | N/A |
| Pamela Nemlich | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.4M
Fair Market Value
N/A
Net Worth
$1.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$70K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
3
Most Common Grant
$10K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Monument Arts And Cultural CenterReopening and establishing the center as the heart of the arts scene. | Bennington, VT | $25K | 2024 |
| The Arlington Arts And Enrichment Programf/b/o The Arlington Common | Arlington, VT | $10K | 2024 |
| Prospect Mountain AssociationStriding Forward campaign | Bennington, VT | $5K | 2024 |
CRAFTSBURY CM, VT
STOWE, VT
MARLBORO, VT