Brattleboro Development Credit Corporation logo

Brattleboro Development Credit Corporation

501(c)(6) organization Brattleboro, VT EIN: 03-6010485 Website

Brattleboro Development Credit Corporation (BDCC), is a private, nonprofit economic development organization that serves as a catalyst for industrial and commercial growth throughout southeastern Vermont, including Windham county and the towns of readsboro, searsburg, weston, and winhall. The primary objective of BDCC is to invest in the drivers of the regional economy so that people, businesses, and communities in southern Vermont can thrive. Our vision statement reads: people who love southern Vermont have opportunities to thrive here.

Brattleboro Development Credit Corporation at a glance

In short: Brattleboro Development Credit Corporation gave $148K across 4 grants in 2025 (avg $37K), mostly in Vermont. Source: 2025 IRS Form 990.

Annual giving (2025)
$147,600
-58.0% vs 2024
Grants made (2025)
4
-66.7% vs 2024
Average grant
$36,900
+26.1% vs 2024
Median grant
$38,176
Total assets
$20,084,094
+12.9% vs 2024
Primary geography
Vermont (82% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated October 2026.

How to apply to Brattleboro Development Credit Corporation

Who Brattleboro Development Credit Corporation funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Southeast Vermont Transit: $56KSoutheast Vermont Transit$56KSeveds: $50KSeveds$50KEthiopian Community Development Council: $26KEthiopian CommunityDevelopment Council$26KVermont Employee Ownership Center: $15KVermont Employee OwnershipCenter$15K

The largest 2025 recipient was Southeast Vermont Transit ($56K). Together the top 4 received $148K.

Grant Size Distribution

223 grants across all recorded years

216<$50K6$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 216 grants of 223 (97%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

BrattleboroBurlingtonMontpelierStoweWilmingtonRutlandBenningtonMiddleburySaint AlbansWaitsfieldGuilfordPutneyWaterbury CenterAddisonArlingtonBarreBellow FallsBristolCharlotteEast Montpelier

How Brattleboro Development Credit Corporation gives

  • Giving held roughly steady from 2022 to 2025 (+19%). Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M2 grants2019 2 grants2020 183 grants2021 9 grants2022 15 grants2023 12 grants2024 4 grants2025

From 2019 to 2025, annual grant giving ranged from $124K (2022) to $2.0M (2021). In 2025 it made 4 grants totaling $148K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Southeast Vermont Transit Wilmington, VTTechnical Assistance$56,248
Seveds Brattleboro, VTRegional Developement$50,000
Ethiopian Community Development Council Arlington, VANew American/Refugee Support$26,352
Vermont Employee Ownership Center Burlington, VTTechnical Assistance$15,000
Your AI grants department

Ready to take the next step with Brattleboro Development Credit Corporation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$20,084,094$6,319,873$5,202,362$147,6004$426,829
2024$17,790,310$5,989,794$4,883,462$351,17212$693,749
2023$29,036,082$5,445,267$4,738,385$214,59415$416,800
2022$36,714,715$6,512,672$4,545,344$123,7579$1,399,472
2021$32,397,294$6,662,012$5,975,636$1,979,355183$334,129
2020$29,604,782$4,130,891$3,619,367$207,7462$341,604
2019$28,635,501$4,229,000$3,820,276$441,4052$333,860

About Brattleboro Development Credit Corporation

Based on IRS filings

Brattleboro Development Credit Corporation is a public charity focused on Community Improvement & Capacity Building, based in Brattleboro, VT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $20.1M in total assets. In 2025, it awarded 4 grants totaling $148K. Net investment income was $427K.

Leadership & Key People

Officers and directors from IRS filings

Brattleboro Development Credit Corporation is led by Adam Grinold, Executive Director on every filing since 2019; 3 of 14 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Adam Grinold

    Executive Director

    On filings since 2019

    40 hrs/week

    $123K (2019) → $160K (2025)

  • Craig Miskovich

    Chair

    Trustee → Chair, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • Bobbi Kilburn

    Director of Finance

    On filings since 2023

    40 hrs/week

    $116K (2023) → $137K (2025)

  • Jen Stromsten

    Director of Programs

    On filings since 2024

    40 hrs/week

    $103K (2024) → $108K (2025)

  • Dan Normandeau

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kevin Meyer

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mark Richards

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Stephan Morse

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Elizabeth Bridgewater

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Tracey John

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Bob Stevens

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • John Meyer

    Assistant Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

  • Tammy Richards

    Vice Chair

    Vice President → Vice Chair, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Debbie Boyle

    Treasurer

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (5)
  • Former: Deborah Boyle (2019–2024) — Treasurer
  • Former: Phil Steckler (2019–2024) — Trustee -
  • Former: Robert Stevens (2019–2024) — Trustee
  • Former: Peter Carvell (2022–2024) — Trustee -
  • Former: Steve Gordon (2019–2021) — Trustee

Data from IRS Form 990 filings, 2019–2025. "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

Adam Grinold — Executive Director: $160KAdam GrinoldExecutive Director$160KBobbi Kilburn — Director of Finance: $137KBobbi KilburnDirector of Finance$137KJEN Stromsten — Director of Programs: $108KJEN StromstenDirector of Programs$108K

The highest reported compensation on the 2025 filing was $160K, to Adam Grinold (Executive Director). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Brattleboro Development Credit Corporation

How much does Brattleboro Development Credit Corporation give each year?

Brattleboro Development Credit Corporation gave $148K across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $351K across 12 grants.

What is Brattleboro Development Credit Corporation's typical grant size?

Brattleboro Development Credit Corporation's median grant in 2025 was $38,176, and its average grant was $36,900, across 4 grants on its 2025 IRS Form 990.

Where does Brattleboro Development Credit Corporation give grants?

Brattleboro Development Credit Corporation gives mostly in Vermont: 82% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Virginia (18%).

Does Brattleboro Development Credit Corporation give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Brattleboro Development Credit Corporation's 2025 IRS Form 990 were described as general or operating support.

How large is Brattleboro Development Credit Corporation?

Brattleboro Development Credit Corporation reported $20.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $6.3M.

What is Brattleboro Development Credit Corporation?

Brattleboro Development Credit Corporation is a public charity focused on Community Improvement & Capacity Building, based in Brattleboro, VT. It holds $20.1M in total assets as of 2025.

What is Brattleboro Development Credit Corporation's EIN?

Brattleboro Development Credit Corporation's EIN (Employer Identification Number) is 03-6010485. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS February 13, 2024)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
  3. Added Form 990 for fiscal year 2019 (received by the IRS February 7, 2020)
  4. Updated Form 990 for fiscal year 2020 (received by the IRS January 26, 2021)
  5. Updated Form 990 for fiscal year 2021 (received by the IRS January 17, 2022)
  6. Updated Form 990 for fiscal year 2022 (received by the IRS May 3, 2023)
  7. Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)

Explore Open Grants

Browse active grant opportunities in Brattleboro Development Credit Corporation's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Vermont

New Hampshire Charitable Foundation

Concord, NH

The New Hampshire Charitable Foundation supports nonprofits and students in New Hampshire across areas including health, education, housing, the environment, arts and civic life. Its 2024 grants had a median of $25,000, while its Responsive Grants offer eligible nonprofits up to $10,000; applications are accepted through that program on a rolling basis.

Assets

$1.2B

Grants

949

Total Given

$59.7M

The Vermont Community Foundation

Middlebury, VT

The Vermont Community Foundation funds nonprofits working on economic equity, education, health, climate, democracy, and community resilience, with a focus on Vermont communities. Its 2024 grants had a median amount of $18,000, though giving varied widely; some programs list awards from $250 to $25,000. RALI is invitation-only, and the Paul Post Fund accepts applications on a rolling basis; the profile does not state whether other programs accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$370.6M

Grants

728

Total Given

$46.3M

Mary Hitchcock Memorial Hospital

Lebanon, NH

Mary Hitchcock Memorial Hospital funds medical education, research, healthcare services, charity care, and community programs, with 2025 grants ranging from $5,056 to $3.34 million and a median of $22,200. Its giving is concentrated in New Hampshire, with grants also reaching organizations in other states. The available information does not say whether it accepts unsolicited requests.

Health

Assets

$2.8B

Grants

177

Total Given

$14.0M

Thomas Thompson Trust

Boston, MA

The Trust funds nonprofit capacity building, programs, capital campaigns, start-ups, multi-year projects, and general operations, primarily in Brattleboro, Vermont; Rhinebeck, New York; and surrounding areas. Its 2025 grants ranged from $5,000 to $125,000, with a median of $15,000. It accepts applications through an online portal; its guidelines describe a proposal process but do not explicitly say whether unsolicited requests are accepted.

Assets

$17.4M

Grants

45

Total Given

$1.0M

Dartmouth-Hitchcock Clinic

Lebanon, NH

Dartmouth-Hitchcock Clinic supports medical education and research, including clinical, biomedical, and quality-improvement projects, as well as community health initiatives; its care network serves New Hampshire and Vermont, while reported grants also went to organizations elsewhere in the U.S. In 2025, grants ranged from $5,017 to $1,091,164, with a median of $14,216; one program awards two $30,000 grants annually. Some programs accept letters of intent, but only selected applicants may submit full proposals.

Health

Assets

$309.3M

Grants

120

Total Given

$4.6M

National Life Group Charitable

Montpelier, VT

National Life Group Charitable primarily funds programs addressing childhood hunger and children’s mental health, with secondary support for community development, especially in central and northern Vermont and the Dallas, Texas area. Its 2024 grants ranged from $20 to $125,000, with a median of $1,040. It accepts online grant applications from January 1 through March 31; sponsorship requests are accepted year-round beginning in January, subject to available funds.

Philanthropy, Voluntarism & Grantmaking

Assets

$27.4M

Grants

757

Total Given

$2.7M

More similar funders

More Funders in Vermont

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Brattleboro Development Credit Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Brattleboro Development Credit Corporation down — hundreds of funders to go?

Want AI to do this for you?