NSB Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BARRE, VT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 8 grants totaling $191K. Net investment income was $339K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.6M
+5.5% YoY
Annual Giving
$191K
-14.2% YoY
Grant Count
8
+60.0% YoY
Avg Grant Size
$24K
-46.3% YoY
Under IRS private-foundation payout rules, NSB Foundation Inc reported a distributable amount of $170K for 2024 — the minimum it must pay out in qualifying distributions.
About NSB Foundation Inc
Based on IRS filings
NSB Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BARRE, VT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 8 grants totaling $191K. Net investment income was $339K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,566,701 | $3,379,278 | $3,097,175 |
| Revenue | $340,317 | $249,681 | $177,635 |
| Expenses | $202,188 | $231,653 | $216,234 |
| Qualifying Distributions | $197,870 | $230,346 | $211,331 |
| Net Investment Income | $339,342 | $182,923 | $142,593 |
| Distributable Amount | $169,885 | $155,721 | $158,511 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Vermont Professionals of Color Network ($65,000), Boys and Girls Club of Burlington ($25,000), Elevate Youth Services ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Boys and Girls Club of Burlington Burlington, VT | General Operating Support | $25,000 |
| Elevate Youth Services Barre, VT | General Operating Support | $25,000 |
| Lund Family Center Inc South Burlington, VT | General Operating Support | $25,000 |
| Mercy Connections Burlington, VT | General Operating Support | $25,000 |
| NFI Vermont Inc South Burlington, VT | General Operating Support | $500 |
| Spectrum Youth & Family Services Burlington, VT | General Operating Support | $25,000 |
| Vermont Professionals of Color Network Burlington, VT | General Operating Support | $65,000 |
| Vermont Youth Conservation Richmond, VT | General Operating Support | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jennifer Emens-Butler | Director | 0.5 | $550 |
| Dolly Fleming | Director | 0.5 | $550 |
| John Grenier | Director | 0.5 | $550 |
| Owiso Makuku | Director | 0.5 | $550 |
| Kerin Stackpole | Director | 0.5 | $550 |
| Nicole Carignan | President & Chair | 0.5 | $550 |
| Keith Paxman | Vice President & Vice Chair | 0.5 | $550 |
| Edward Sulva | Treasurer | 0.5 | — |
| Amy Turosak | Secretary | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is NSB Foundation Inc?
NSB Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BARRE, VT. It holds $3.6M in total assets as of 2024.
How large is NSB Foundation Inc?
As of 2024, NSB Foundation Inc holds $3.6M in total assets with $340K in annual revenue. It awarded 8 grants totaling $191K in 2024.
Where does NSB Foundation Inc operate?
NSB Foundation Inc has awarded grants in Vermont.
What size grants does NSB Foundation Inc award?
In 2024, NSB Foundation Inc awarded 8 grants totaling $191K — an average of about $24K per grant, based on its IRS Form 990 filings.
How much is NSB Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, NSB Foundation Inc reported a distributable amount of $170K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is NSB Foundation Inc's EIN?
NSB Foundation Inc's EIN (Employer Identification Number) is 31-1713065. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in NSB Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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