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Also known as: c/o Northfield Savings Bank
Nsb Foundation Inc. is a private corporation based in BARRE, VT. The foundation received its IRS ruling in 2000. The principal officer is % Norfield Savings Bank. It holds total assets of $3.6M. Annual income is reported at $794K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Nsb Foundation Inc. has made 21 grants totaling $971K, with a median grant of $50K. Annual giving has decreased from $400K in 2020 to $223K in 2023. Individual grants have ranged from $500 to $100K, with an average award of $46K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in Vermont. Contributions to this foundation are tax-deductible.
Nsb Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in VT.
Nsb Foundation Inc. has distributed a total of $971K across 21 grants. The median grant size is $50K, with an average of $46K. Individual grants have ranged from $500 to $100K.
Nsb Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Nsb Foundation Inc. is headquartered in BARRE, VT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dolly Fleming | Director | $550 | $0 | $550 |
| Keith Paxman | Vice President & Vice Chair | $550 | $0 | $550 |
| Nicole Carignan | President & Chair | $550 | $0 | $550 |
| Kerin Stackpole | Director | $550 | $0 | $550 |
| Heather Shouldice | Director (End December 2023) | $550 | $0 | $550 |
Total Giving
$232K
Total Assets
$3.4M
Fair Market Value
$3.4M
Net Worth
$3.4M
Grants Paid
$223K
Contributions
$66K
Net Investment Income
$183K
Distribution Amount
$156K
Total: $3.3M
Total Grants
21
Total Giving
$971K
Average Grant
$46K
Median Grant
$50K
Unique Recipients
12
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Boys And Girls Club Of BurlingtonGeneral Operating Support | Burlington, VT | $50K | 2023 |
| Lund Family Center IncGeneral Operating Support | South Burlington, VT | $50K | 2023 |
| Mercy ConnectionsGeneral Operating Support | Burlington, VT | $50K | 2023 |
| Spectrum Youth & Family ServicesGeneral Operating Support | Burlington, VT | $50K | 2023 |
| Center For Financial Literacy At Champlain CollegeGeneral Operating Support | Burlington, VT | $23K |
| Owiso Makuku |
| Director |
| $550 |
| $0 |
| $550 |
| John Grenier | Director | $550 | $0 | $550 |
| Amy Turosak | Secretary | $0 | $0 | $0 |
| Edward Sulva | Treasurer | $0 | $0 | $0 |
| 2023 |
| Vermont Afterschool IncGeneral Operating Support | Colchester, VT | $25K | 2022 |
| Central Vermont Career CenterGeneral Operating Support | Barre, VT | $500 | 2022 |
| Vermont Works For WomenGeneral Operating Support | Winooski, VT | $500 | 2022 |
| Naacp - Windham County Vermont BranchGeneral Operating Support | Brattleboro, VT | $100K | 2020 |
| Voices For Vermont ChildrenGeneral Operating Support | Montpelier, VT | $50K | 2020 |
| Migrant JusticeGeneral Operating Support | Burlington, VT | $50K | 2020 |
| City Of Burlington Community Economic Development OfficeVermont Professionals of Color Network | Burlington, VT | $50K | 2020 |
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