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Passumpsic Bank Charitable Fund Inc. is a private corporation based in ST JOHNSBURY, VT. The foundation received its IRS ruling in 2022. The principal officer is Richard Lyon. It holds total assets of $749K. Annual income is reported at $614K. Total assets have grown from $493K in 2021 to $749K in 2024. The foundation is governed by 7 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 2021 to 2024. According to available records, Passumpsic Bank Charitable Fund Inc. has made 1 grants totaling $25K, with a median grant of $25K. 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.
Passumpsic Bank Charitable Fund Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in VT.
Passumpsic Bank Charitable Fund Inc. has distributed a total of $25K across 1 grants. The median grant size is $25K, with an average of $25K. Individual grants have ranged from $25K to $25K.
Passumpsic Bank Charitable Fund Inc. typically selects its grantees rather than accepting unsolicited proposals.
Passumpsic Bank Charitable Fund Inc. is headquartered in ST JOHNSBURY, VT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Lyon | Director | $0 | $0 | N/A |
| Roena Whitehill | Director | $0 | $0 | N/A |
| Daniel Kimbell | Director | $0 | $0 | N/A |
| Bradley Gebbie | Director (end July 2023) | $0 | $0 | N/A |
| Jeffrey Gilman | Director | $0 | $0 | N/A |
| Elaine Bixby | Director | $0 | $0 | N/A |
| Jim Kisch | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$749K
Fair Market Value
N/A
Net Worth
$749K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
1
Total Giving
$25K
Average Grant
$25K
Median Grant
$25K
Unique Recipients
1
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Northeastern Vermont Regional HospitalGeneral Operating Support | St Johnsbury, VT | $25K | 2022 |
CRAFTSBURY CM, VT
STOWE, VT
MARLBORO, VT