Record Year of Charitable Giving for Vermont Community Foundation


Foundation: Vermont Community Foundation

credit:

The Vermont Community Foundation, its fundholders, and charitable partners made $31.9 million in grants, more than 90 percent of which went directly into Vermont communities.

This represents a 24 percent increase from 2019 and more than a 70 percent increase from 2018 grantmaking.

Vermont Community Foundation grants in 2020 also represent nearly a quarter of all annual philanthropic grantmaking in the state in a typical year according to data from the Foundation Center.

Grantmaking from the Community Foundation’s donor advised fundholders also increased, contributing more than $6 million to the VT COVID-19 Response Fund to support a coordinated pandemic response as well as giving directly to nonprofit organizations who are the backbone of Vermont’s communities.

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William D. Eggers and Paul Macmillan of Dowser write about the social entrepreneurs slowly and steadily dirsupting the world of philanthropy. According to Forbes, philanthropy disruptors are those that believe “no one company is so vital that it can’t be replaced and no single business model too perfect to upend.”



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