Passumpsic Bank Charitable Fund Inc

Private foundation · Grantmaker St Johnsbury, VT EIN: 87-4152098

Passumpsic Bank Charitable Fund Inc is a private foundation, based in St Johnsbury, VT. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $859K in total assets. In 2025, it awarded 1 grant totaling $50K. Net investment income was $31K.

Passumpsic Bank Charitable Fund Inc at a glance

In short: Passumpsic Bank Charitable Fund Inc gave $50K across 1 grant in 2025 (avg $50K), mostly in Vermont. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$50,000
-29.3% vs 2024
Grants made (2025)
1
-83.3% vs 2024
Average grant
$50,000
+324.0% vs 2024
Median grant
$50,000
Total assets
$859,434
+14.8% vs 2024
Primary geography
Vermont (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Passumpsic Bank Charitable Fund Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Northeastern Vermont Regional Hospital: $50KNortheastern Vermont RegionalHospital$50K

The largest 2025 recipient was Northeastern Vermont Regional Hospital ($50K).

Grant Size Distribution

10 grants across all recorded years

9<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 10 (90%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

St JohnsburyBarreCabotLyndonville

How Passumpsic Bank Charitable Fund Inc gives

  • Giving grew 100% from 2022 to 2025. Method
  • In 2025 it paid out 134% 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

$0$20K$40K$60K$80K0 grants2021 1 grant2022 2 grants2023 6 grants2024 1 grant2025

From 2022 to 2025, annual grant giving ranged from $25K (2022) to $71K (2024). In 2025 it made 1 grant totaling $50K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Northeastern Vermont Regional Hospital St Johnsbury, VTGeneral Operating Support$50,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$859,434$139,979$62,356$50,0001$50,875$31,219$37,939
2024$748,912$369,489$80,878$70,7506$71,250$196,825$28,354
2023$530,852$93,968$33,253$30,0002$30,500$5,209$21,034
2022$404,393$380,066$36,465$25,0001$31,937$350,542$15,921
2021$493,262$497,995—————$1,132

Under IRS private-foundation payout rules, Passumpsic Bank Charitable Fund Inc reported a distributable amount of $38K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Passumpsic Bank Charitable Fund Inc's 2025 filing lists 6 officers; none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Daniel Kimbell

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Elaine Bixby

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jeffrey Gilman

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jim Kisch

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Richard Lyon

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Roena Whitehill

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Bradley Gebbie (2021–2023) — Director
  • Former: Reona Whitehill (2021–2022) — Director

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Passumpsic Bank Charitable Fund Inc

How much does Passumpsic Bank Charitable Fund Inc give each year?

Passumpsic Bank Charitable Fund Inc gave $50K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $71K across 6 grants.

How large is Passumpsic Bank Charitable Fund Inc?

Passumpsic Bank Charitable Fund Inc reported $859K in total assets on its 2025 IRS Form 990-PF. It paid out $51K in qualifying distributions that year, against a required minimum of $38K (roughly 5% of its investment assets).

Where does Passumpsic Bank Charitable Fund Inc operate?

Passumpsic Bank Charitable Fund Inc has awarded grants in Vermont.

What is Passumpsic Bank Charitable Fund Inc's EIN?

Passumpsic Bank Charitable Fund Inc's EIN (Employer Identification Number) is 87-4152098. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  2. IRS filings on file for fiscal years 2021–2024

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

Figures come from Passumpsic Bank Charitable Fund Inc'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.

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