Crofut Memorial College Scholarship Fund

SOUTH BURLINGTON, VT EIN: 88-6406893

Crofut Memorial College Scholarship Fund is a private foundation, based in SOUTH BURLINGTON, VT. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 1 grants totaling $69K. Net investment income was $91K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.3M

+234.9% YoY

Annual Giving

$69K

Grant Count

Avg Grant Size

$69K

Under IRS private-foundation payout rules, Crofut Memorial College Scholarship Fund reported a distributable amount of $65K for 2024 — the minimum it must pay out in qualifying distributions.

About Crofut Memorial College Scholarship Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Vermont $69K (100%)

States

Vermont

Cities

Arlington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,331,548	$696,209	$700,000
Revenue	$1,394,062	$19,663	$700,000
Expenses	$78,723	$2,825	—
Qualifying Distributions	$68,935	—	—
Net Investment Income	$90,718	$17,619	—
Distributable Amount	$65,497	$45,952	$22,983

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Arlington Memorial High School ($68,935).

Recipient	Purpose	Amount
Arlington Memorial High School Arlington, VT	Education	$68,935

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Richard Kozlowski	Trustee	5	—

Frequently Asked Questions

How large is Crofut Memorial College Scholarship Fund?

As of 2024, Crofut Memorial College Scholarship Fund holds $2.3M in total assets with $1.4M in annual revenue. It awarded 1 grants totaling $69K in 2024.

Where does Crofut Memorial College Scholarship Fund operate?

Crofut Memorial College Scholarship Fund has awarded grants in Vermont.

What size grants does Crofut Memorial College Scholarship Fund award?

In 2024, Crofut Memorial College Scholarship Fund awarded 1 grants totaling $69K — an average of about $69K per grant, based on its IRS Form 990 filings.

How much is Crofut Memorial College Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Crofut Memorial College Scholarship Fund reported a distributable amount of $65K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Crofut Memorial College Scholarship Fund's EIN?

Crofut Memorial College Scholarship Fund's EIN (Employer Identification Number) is 88-6406893. IRS Form 990 filing data is available on this page for 2022–2024.