Overview
What is Vermont Student Development Fund Inc?
Vermont Student Development Fund Inc, operating under the name Vermont Scholarship Fund, is a 501(c)(3) charitable organization based in Winooski, Vermont. Their primary objective is to provide financial assistance in the form of scholarships to individuals aiming for higher education or vocational training. They achieve this mission by soliciting and managing funds from various donors and philanthropic sources. The Vermont Scholarship Fund works in collaboration with donors to establish scholarship funds that align with their personal values and financial goals. They manage these scholarships through the Vermont Student Assistance Corporation (VSAC), ensuring a seamless experience for both donors and recipients. The organization has awarded and disbursed scholarships to 3,821 students in recent years, contributing significantly to the pursuit of higher education in Vermont.
Official website here: www.vsac.org/vsf
Is Vermont Student Development Fund Inc legitimate?
Vermont Student Development Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Student Development Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.vsac.org/vsf
What is the mission statement of Vermont Student Development Fund Inc?
The Vermont Student Development Fund's mission is centered around procuring and managing financial aid, primarily in the form of scholarships, for individuals pursuing post-secondary education or training. Operating as a 501(c)(3) charitable affiliate of the Vermont Student Assistance Corporation, this organization collaborates with donors to establish scholarship funds that align with their personal values and financial goals. By partnering with the Vermont Student Assistance Corporation, the Vermont Student Development Fund facilitates the distribution of approximately $10 million in scholarships annually, benefiting over 3,800 Vermonters through various award programs.
Official website here: www.vsac.org/vsf
Who is the CEO of Vermont Student Development Fund Inc?
Scott Giles is the Principal Officer of Vermont Student Development Fund Inc. The CEO's salary of Vermont Student Development Fund Inc is $0 and their total compensation is $380,890.
Official website here: www.vsac.org/vsf
What is the revenue of Vermont Student Development Fund Inc?
Vermont Student Development Fund Inc's revenue in 2023 was $10,461,793.
Official website here: www.vsac.org/vsf
Who are the executives of Vermont Student Development Fund Inc and what are their salaries?
- Scott A Giles (President And Ceo)
- Thomas A Little (Vp & General Counsel)
- Patrick J Leduc (Vp Of Outreach, Hr, And Cio)
- Marilyn J Cargill (Vp Of Financial Aid Services And Research)
- Michael R Stuart (Vp Of Finance & Cfo)
- Dorothy R Mitchell (Chair) [Trustee/Director]
- Martha P Heath (Vice Chair & Programs & Services Comm. Chair) [Trustee/Director]
- David Larsen (Secretary & Corporate Governance Comm. Chair) [Trustee/Director]
- Ann E Cummings (Director)
- Clarence Davis (Director)
- Beth Pierce (Director)
- Michael K Smith (Chair Finance Committee) [Trustee/Director]
- John Mcsoley (Chair Audit Committee) [Trustee/Director]
- Tim Chamberlin (Director)
- Caleb Elder (Director)
- Ryan Dulude (Director)
- Mike Pieciak (Director)
Official website here: www.vsac.org/vsf
Where can I find the form 990 for Vermont Student Development Fund Inc?
The Vermont Student Development Fund Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.vsac.org/vsf
Learn more at the official website: www.vsac.org/vsf
Mission Statement of Vermont Student Development Fund Inc
Vermont Student Development Fund, as a 501(c)(3) charitable entity affiliated with the Vermont Student Assistance Corporation, dedicates its mission to procuring and maintaining financial assistance for individuals pursuing post-secondary education or training. This nonprofit organization, in partnership with its donors and philanthropic sources, aims to create scholarship opportunities for Vermonters, enabling them to reach higher, progress further, and build a brighter future for themselves, their families, and their community. By working closely with donors, Vermont Student Development Fund tailors scholarship funds to reflect the personal and philanthropic values of its benefactors, while also ensuring that the management of these scholarships is seamless through VSAC. Presently, this nonprofit awards approximately $10 million in scholarships annually, supporting over 3,800 Vermont residents through 124 award programs.
Impact
This information is meant to be a general summary of Vermont Student Development Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Vermont Student Development Fund Inc's impact is significant in helping individuals pursue higher education and training through scholarships and financial assistance. In the past year, they awarded and disbursed scholarships to 3,821 students, allowing them to further their education. Through their partnership with Vermont Student Assistance Corporation, they are able to provide scholarships to Vermonters through individual donors and philanthropic sources. By supporting students in accessing higher education, they are enabling individuals to aim higher, go further, and build better futures for themselves, their families, and their communities.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Organization Details
Founding Year
2000
Phone
(802) 654-3714
Principal Officer
Scott Giles
Main Address
10 East Allen St PO Box 2000, Winooski, VT, 05404
Website
www.vsac.org/vsf
NTEE Category
Code: B82 - Education
If you are a representative of Vermont Student Development Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.