Bernice M Carpenter Scholarship Tr
Bernice M Carpenter Scholarship Tr is a private foundation focused on Education, based in Newport, VT. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $496K in total assets. In 2025, it awarded 7 grants totaling $28K. Net investment income was $13K.
Bernice M Carpenter Scholarship Tr at a glance
In short: Bernice M Carpenter Scholarship Tr gave $28K across 7 grants in 2025 (avg $4K), top state Vermont. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $27,500
- +467.0% vs 2024
- Grants made (2025)
- 7
- +75.0% vs 2024
- Average grant
- $3,929
- +224.0% vs 2024
- Median grant
- $3,500
- Total assets
- $496,350
- +1.1% vs 2024
- Primary geography
- Vermont (49% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Bernice M Carpenter Scholarship Tr funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was University of Vermont Student Financial Services ($8K). Together the top 6 received $25K.
Organizations only. It also paid 1 individual scholarship ($3,000), which are not listed by name.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 11 grants of 11 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
Cities
How Bernice M Carpenter Scholarship Tr gives
- In 2025 it paid out 125% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $5K (2024) to $28K (2025). In 2025 it made 7 grants totaling $28K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Vermont Student Financial Services Burlington, VT | Scholarship | $7,500 |
| University of Rhode Island Kingston, RI | Scholarship | $4,000 |
| University of Edinburgh USA Development Trust Inc New York, NY | Scholarship | $4,000 |
| Goucher College Student Billing Office Baltimore, MD | Scholarship | $3,500 |
| Champlain College Burlington, VT | Scholarship | $3,000 |
| 1 individual scholarship Recipients not named | — | $3,000 |
| Hobart and William Smith Colleges Geneva, NY | Scholarship | $2,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $496,350 | $40,822 | $36,162 | $27,500 | 7 | $30,533 | $12,791 | $24,344 |
| 2024 | $490,890 | $369,373 | $10,363 | $4,850 | 4 | $6,010 | $36,088 | $9,380 |
| 2023 | $164,121 | $164,281 | — | — | — | — | $160 | $53 |
Under IRS private-foundation payout rules, Bernice M Carpenter Scholarship Tr reported a distributable amount of $24K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Bernice M Carpenter Scholarship Tr is led by Community Financial Services Group, Corporate Trustee on every filing since 2023 — the only officer listed, and compensated.
Officers on the 2025 filing
Community Financial Services Group
Corporate Trustee
On filings since 2023
10 hrs/week
$3K (2024) → $7K (2025)
Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $7K, to Community Financial Services Group (Corporate Ttee).
Frequently asked questions about Bernice M Carpenter Scholarship Tr
How much does Bernice M Carpenter Scholarship Tr give each year?
Bernice M Carpenter Scholarship Tr gave $28K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5K across 4 grants.
What is Bernice M Carpenter Scholarship Tr's typical grant size?
Bernice M Carpenter Scholarship Tr's median grant in 2025 was $3,500, and its average grant was $3,929, across 7 grants on its 2025 IRS Form 990-PF.
Where does Bernice M Carpenter Scholarship Tr give grants?
Bernice M Carpenter Scholarship Tr's top state is Vermont, with 49% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New York (24%) and Rhode Island (15%). The most frequent recipient cities were Burlington, VT (2 grants).
Does Bernice M Carpenter Scholarship Tr give general operating support?
Not in 2025: none of the 7 grants with a stated purpose on Bernice M Carpenter Scholarship Tr's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (7 grants).
Who are Bernice M Carpenter Scholarship Tr's largest grantees?
Bernice M Carpenter Scholarship Tr's largest 2025 grantees include University of Vermont Student Financial Services ($7,500), University of Rhode Island ($4,000) and University of Edinburgh USA Development Trust Inc ($4,000), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($3,000), which are not listed by name. Together they received 56% of its itemized 2025 grant dollars.
How large is Bernice M Carpenter Scholarship Tr?
Bernice M Carpenter Scholarship Tr reported $496K in total assets on its 2025 IRS Form 990-PF. It paid out $31K in qualifying distributions that year, against a required minimum of $24K (roughly 5% of its investment assets).
What is Bernice M Carpenter Scholarship Tr?
Bernice M Carpenter Scholarship Tr is a private foundation focused on Education, based in Newport, VT. It holds $496K in total assets as of 2025.
What is Bernice M Carpenter Scholarship Tr's EIN?
Bernice M Carpenter Scholarship Tr's EIN (Employer Identification Number) is 99-6202676. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 18, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 27, 2026)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 23, 2024)
- IRS filings on file for fiscal years 2023–2024
Live grants for the work Bernice M Carpenter Scholarship Tr funds
Education Open opportunities, soonest deadline first.
- Creative Impact Grants $500 - $2,500 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Bernice M Carpenter Scholarship Tr's focus areas in our free grants database
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