Adamant Community Cultural Foundation

MONTPELIER, VT EIN: 03-0286063

Adamant Community Cultural Foundation is a private foundation, based in MONTPELIER, VT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $241K in total assets. In 2024, it made $108K in qualifying distributions. Net investment income was $74.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$241K

-10.7% YoY

Revenue

$81K

-12.2% YoY

Qualifying Distributions

$108K

-11.8% YoY

Expenses

$110K

-11.5% YoY

Under IRS private-foundation payout rules, Adamant Community Cultural Foundation reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About Adamant Community Cultural Foundation

Based on IRS filings

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Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$241,242	$270,264	$302,296
Revenue	$80,847	$92,053	$99,229
Expenses	$109,869	$124,085	$80,502
Qualifying Distributions	$107,916	$122,323	$79,293
Net Investment Income	$74	$168	—
Distributable Amount	$12,528	$14,380	$14,655

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

0 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BRICKETT BAILEY	DIRECTOR	2	—
MICHELE BAILEY	DIRECTOR	2	—
MICHAEL JOHN SUCHOMEL	DIRECTOR	2	—
JOHN FRICKE	DIRECTOR	2	—
TONI PALMISANO	DIRECTOR	2	—
LISA ESTIVILL	PRESIDENT	2	—
LYNN JONES	SECRETARY	2	—
AMY PAPINEAU	DIRECTOR	2	—
TODD JONES	DIRECTOR	2	—
JEAN PALMISANO	TREASURER	5	—

Frequently Asked Questions

How large is Adamant Community Cultural Foundation?

As of 2024, Adamant Community Cultural Foundation holds $241K in total assets with $81K in annual revenue.

How much is Adamant Community Cultural Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Adamant Community Cultural Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Adamant Community Cultural Foundation's EIN?

Adamant Community Cultural Foundation's EIN (Employer Identification Number) is 03-0286063. IRS Form 990 filing data is available on this page for 2020–2024.