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Castanea Foundation Inc. is a private corporation based in MONTPELIER, VT. The foundation received its IRS ruling in 2005. The principal officer is % Dinse Knapp & Mcandrew Pc. It holds total assets of $5.6M. Annual income is reported at $185K. CASTANEA HAS BEEN ORGANIZED AND IS OPERATED TO FURTHER CHARITABLE, EDUCATIONAL, AND OTHER EXEMPT PURPOSES INCLUDING (I) RESEARCHING AND DEVELOPING SOLUTIONS TO PROTECT THE ENVIRONMENT; (II) PRESERVING, PROTECTING, AND ENHANCING LAND IN ITS NATURAL, SCENIC, HISTORIC, AGRICULTURAL, FORESTED, OR OPEN-SPACE CONDITION; (III) CONSERVING AND PROTECTING ECOLOGICALLY SIGNIFICANT LANDS BY SUPPORTING SUSTAINABLE LAND USE; (IV) EDUCATING THE PUBLIC ON THE BENEFITS OF ENVIRONMENTAL PROTECTION, CONSERVATION, AND THE PRESERVATION OF LAND AND OTHER NATURAL RESOURCES; (V) FOSTERING RURAL ECONOMIC DEVELOPMENT OPPORTUNITIES, SUPPORTING VOCATIONAL TRAINING, AND PROVIDING EMPLOYMENT TO AT-RISK WORKERS THEREBY REDUCING THE SOCIAL SERVICE BURDENS OF GOVERNMENT; AND, (VI) INVESTING IN OR MAKING GRANTS TO ENTERPRISES THAT FURTHER ONE OR MORE OF THE FOREGOING TAX-EXEMPT PURPOSES. According to available records, Castanea Foundation Inc. has made 7 grants totaling $1.2M, with a median grant of $50K. Annual giving has grown from $101K in 2020 to $800K in 2023. Individual grants have ranged from $1K to $750K, with an average award of $167K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Massachusetts and Vermont. Contributions to this foundation are tax-deductible.
CASTANEA HAS BEEN ORGANIZED AND IS OPERATED TO FURTHER CHARITABLE, EDUCATIONAL, AND OTHER EXEMPT PURPOSES INCLUDING (I) RESEARCHING AND DEVELOPING SOLUTIONS TO PROTECT THE ENVIRONMENT; (II) PRESERVING, PROTECTING, AND ENHANCING LAND IN ITS NATURAL, SCENIC, HISTORIC, AGRICULTURAL, FORESTED, OR OPEN-SPACE CONDITION; (III) CONSERVING AND PROTECTING ECOLOGICALLY SIGNIFICANT LANDS BY SUPPORTING SUSTAINABLE LAND USE; (IV) EDUCATING THE PUBLIC ON THE BENEFITS OF ENVIRONMENTAL PROTECTION, CONSERVATION, AND THE PRESERVATION OF LAND AND OTHER NATURAL RESOURCES; (V) FOSTERING RURAL ECONOMIC DEVELOPMENT OPPORTUNITIES, SUPPORTING VOCATIONAL TRAINING, AND PROVIDING EMPLOYMENT TO AT-RISK WORKERS THEREBY REDUCING THE SOCIAL SERVICE BURDENS OF GOVERNMENT; AND, (VI) INVESTING IN OR MAKING GRANTS TO ENTERPRISES THAT FURTHER ONE OR MORE OF THE FOREGOING TAX-EXEMPT PURPOSES.
Expenses: $236K
CASTANEA HAS BEEN ORGANIZED AND IS OPERATED TO FURTHER CHARITABLE, EDUCATIONAL, AND OTHER EXEMPT PURPOSES INCLUDING (I) RESEARCHING AND DEVELOPING SOLUTIONS TO PROTECT THE ENVIRONMENT; (II) PRESERVING, PROTECTING, AND ENHANCING LAND IN ITS NATURAL, SCENIC, HISTORIC, AGRICULTURAL, FORESTED, OR OPEN-SPACE CONDITION; (III) CONSERVING AND PROTECTING ECOLOGICALLY SIGNIFICANT LANDS BY SUPPORTING SUSTAINABLE LAND USE; (IV) EDUCATING THE PUBLIC ON THE BENEFITS OF ENVIRONMENTAL PROTECTION, CONSERVATION, AND THE PRESERVATION OF LAND AND OTHER NATURAL RESOURCES; (V) FOSTERING RURAL ECONOMIC DEVELOPMENT OPPORTUNITIES, SUPPORTING VOCATIONAL TRAINING, AND PROVIDING EMPLOYMENT TO AT-RISK WORKERS THEREBY REDUCING THE SOCIAL SERVICE BURDENS OF GOVERNMENT; AND, (VI) INVESTING IN OR MAKING GRANTS TO ENTERPRISES THAT FURTHER ONE OR MORE OF THE FOREGOING TAX-EXEMPT PURPOSES. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in MA, VT.
Castanea Foundation Inc. has distributed a total of $1.2M across 7 grants. The median grant size is $50K, with an average of $167K. Individual grants have ranged from $1K to $750K.
Castanea Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Castanea Foundation Inc. is headquartered in MONTPELIER, VT. While based in VT, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Austin D Hart | TREASURER | $0 | $0 | $0 |
| Megan Camp | PRESIDENT | $0 | $0 | $0 |
| Wallace Tapia | SECRETARY | $0 | $0 | $0 |
Total Giving
$849K
Total Assets
$5.4M
Fair Market Value
$5.4M
Net Worth
$5.4M
Grants Paid
$800K
Contributions
$0
Net Investment Income
$0
Distribution Amount
$0
Total Grants
7
Total Giving
$1.2M
Average Grant
$167K
Median Grant
$50K
Unique Recipients
5
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| CisaGENERAL OPERATING SUPPORT | Deerfield, MA | $1K | 2020 |
| Fidelity Investments Charitable Gift FundSUPPORT VERMONT FAMILY FARMER FUND | Boston, MA | $750K | 2023 |
| Shelburne FarmsGENERAL OPERATING SUPPORT | Shelburne, VT | $50K | 2023 |
| Northeast Kingdom Information AssociatesGENERAL OPERATING SUPPORT | Glover, VT | $15K | 2021 |
| Joneslan FarmGENERAL OPERATING SUPPORT | Hyde Park, VT |
| $5K |
| 2021 |
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