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Jean & Ruth Aseltine Fund is a private trust based in NEWPORT, VT. The foundation received its IRS ruling in 1997. The principal officer is Community Financial Serv Grp LLC. It holds total assets of $55K. Annual income is reported at $25K. Total assets have decreased from $78K in 2011 to $56K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. Tax records are available from 2020 to 2023. According to available records, Jean & Ruth Aseltine Fund has made 8 grants totaling $14K, with a median grant of $2K. The foundation has distributed between $3K and $4K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $4K distributed across 2 grants. Individual grants have ranged from $2K to $2K, with an average award of $2K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Massachusetts, New Hampshire, Vermont, which account for 88% of all grants. Grantmaking reaches organizations across 4 states. 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.
Jean & Ruth Aseltine Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MA, NH, VT.
Jean & Ruth Aseltine Fund has distributed a total of $14K across 8 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $2K to $2K.
The application deadline is CONTACT WILLIAM PERKINS 802/257-7576. Must be a needy & derserving student of bellows free academy st. Albans vt.
Jean & Ruth Aseltine Fund is headquartered in NEWPORT, VT. While based in VT, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Community Financial Services Llc | TRUSTEE | $1K | $0 | $1K |
Total Giving
$5K
Total Assets
$56K
Fair Market Value
$66K
Net Worth
$56K
Grants Paid
$3K
Contributions
N/A
Net Investment Income
$3K
Distribution Amount
$3K
Total: $54K
Total Grants
8
Total Giving
$14K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
8
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of VermontSCHOLARSHIP | Burlington, VT | $2K | 2022 |
| Rensselaer Polytechnic InstituteSCHOLARSHIP | Troy, NY | $2K | 2023 |
| Clark UniversitySCHOLARSHIP | Worcester, MA | $2K | 2023 |
| Harvard UniversitySCHOLARSHIP | Cambridge, MA | $2K | 2022 |
| Emma BappSCHOLARSHIP | Durham, NH | $2K | 2021 |
| Losseliany RamirezSCHOLARSHIP | Boston, MA | $2K | 2021 |
| Julie ParentSCHOLARSHIP | New London, NH | $2K | 2020 |
| Kylie TrimmSCHOLARSHIP | Boston, MA | $2K | 2020 |