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.
Key facts about Bernice M Carpenter Scholarship Tr
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.
- EIN
- 99-6202676
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $27,500
- Grants made (2025)
- 7
- Average grant
- $3,929
- Median grant
- $3,500
- Total assets
- $496,350
- Primary geography
- Vermont (49% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$496K
+1.1% YoY
Annual Giving
$28K
+467.0% YoY
Grant Count
7
+75.0% YoY
Avg Grant Size
$4K
+224.0% YoY
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.
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 7 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF VERMONT Burlington, VT | SCHOLARSHIP | $7,500 |
| UNIVERSITY OF RHODE ISLAND Kingston, RI | SCHOLARSHIP | $4,000 |
| UNIVERSITY OF EDINBURGH New York, NY | SCHOLARSHIP | $4,000 |
| GOUCHER COLLEGE Baltimore, MD | SCHOLARSHIP | $3,500 |
| CHAMPLAIN COLLEGE Burlington, VT | SCHOLARSHIP | $3,000 |
| VERMONT STATE UNIVERSITY Johnson, VT | SCHOLARSHIP | $3,000 |
| HOBART AND WILLIAM SMITH COLLEGES Geneva, NY | SCHOLARSHIP | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $496,350 | $490,890 | $164,121 |
| Revenue | $40,822 | $369,373 | $164,281 |
| Expenses | $36,162 | $10,363 | — |
| Qualifying Distributions | $30,533 | $6,010 | — |
| Net Investment Income | $12,791 | $36,088 | $160 |
| Distributable Amount | $24,344 | $9,380 | $53 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 23, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 18, 2025)
- Updated 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)
- 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)
- IRS filings on file for fiscal years 2023–2024
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 ($7,500), University of Rhode Island ($4,000) and University of Edinburgh ($4,000), according to its 2025 IRS Form 990-PF. 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 September 2026. Sourced from IRS Form 990-PF filings.
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