Preservation Trust of Vermont Inc
Preservation Trust of Vermont Inc is a public charity based in Montpelier, Vermont. It supports efforts to preserve and use Vermont’s historic, architectural, cultural, and community resources through grants, technical assistance, education, and other financial assistance.
Key facts about Preservation Trust of Vermont Inc
In short: Preservation Trust of Vermont Inc gave $3.8M across 56 grants in 2025 (avg $67K), mostly in Vermont. Source: 2025 IRS Form 990.
- EIN
- 03-0281195
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $3,751,318
- Grants made (2025)
- 56
- Average grant
- $66,988
- Median grant
- $18,514
- Total assets
- $13,278,172
- Primary geography
- Vermont (100% of itemized 2025 grant dollars)
- Deadline
- Applications for the 1772 Foundation program are due January 15, 2026.
Data from IRS Form 990, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$13.3M
+6.7% YoY
Annual Giving
$3.8M
+197.7% YoY
Grant Count
56
+64.7% YoY
Avg Grant Size
$67K
+80.7% YoY
How Preservation Trust of Vermont Inc gives
Estimate from itemized grant lists in IRS Form 990 filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The organization’s stated mission is to initiate, stimulate, and assist local and statewide efforts to preserve and use Vermont’s historic, architectural, cultural, and community resources. Its core activities include educational and technical support and direct financial assistance for preservation issues.
The Trust’s grant programs support historic-building rehabilitation and other preservation work. For example, its Preservation Grants, offered in partnership with the Freeman Foundation, are available to nonprofits and municipalities rehabilitating historic buildings in the Northeast Kingdom. The Trust also offers programs for early project assistance, barns, and major rehabilitation projects.
The 2024 grants included support for organizations with varied community roles. Elmore Community Trust describes its mission as caring for places that make Elmore special and bringing in people and organizations that contribute to the rural community. Friends of Dog Mountain says it stewards and sustains the 150-acre Dog Mountain property. Shires Housing describes its mission as providing safe, decent, perpetually affordable housing for low- and moderate-income residents of Bennington County.
Grantmaking
In filing year 2024, the Trust reported 34 grants totaling $1,260,118. Grants ranged from $5,250 to $150,607, with a median of $29,498. The largest listed awards included $150,607 to the Town of Lyndon, $129,525 to the Town of Hardwick, and $100,089 to Elmore Community Trust, each for preservation.
Review Cycle
Applications for the 1772 Foundation program are due January 15, 2026. The Trust says applicants will be notified of decisions by May 1, 2026.
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Geographic Focus
Where this funder awards grants
The 2024 filing reports that 100% of grant dollars went to recipients in Vermont. The Trust’s Freeman Foundation partnership has supported preservation projects in every county in Vermont. Its stated mission also encompasses local and statewide preservation efforts.
Grant Distribution by State
Share of 2025 grant dollars across all 56 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $458K (2019) to $3.8M (2025). In 2025 it made 56 grants totaling $3.8M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Strafford Community Trust Inc ($1.8M). Together the top 10 received $2.7M.
Grant Size Distribution
203 grants across all recorded years
The most common grant size was under $50K: 157 grants of 203 (77%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Strafford Community Trust Inc South Strafford, VT | Preservation | $1,807,221 |
| Vermont Council on Rural Development Montpelier, VT | Preservation | $181,489 |
| City of Montpelier Montpelier, VT | Preservation | $131,518 |
| Town of New Haven New Haven, VT | Preservation | $100,000 |
| Vermont Community Loan Fund Montpelier, VT | Preservation | $88,538 |
| Benson Village Trust Inc Benson, VT | Preservation | $83,254 |
| Starksboro Meeting House Starksboro, VT | Preservation | $82,565 |
| Braintree Historical Society Inc West Braintree, VT | Preservation | $80,626 |
| Arlington Arts & Enrichment Program Arlington, VT | Preservation | $80,000 |
| Shrewsbury Co-Op at Pierce's Store Shrewsbury, VT | Preservation | $75,558 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants reported |
|---|---|---|---|---|
| 2024 | $12,448,682 | $2,853,459 | $2,737,261 | $1,260,118 |
| 2023 | $11,000,680 | $2,236,591 | $2,318,842 | $1,166,171 |
| 2022 | $10,529,720 | $2,717,090 | $2,002,059 | $948,531 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $13,278,172 | $12,448,682 | $11,000,680 |
| Revenue | $6,224,616 | $2,853,459 | $2,236,591 |
| Expenses | $5,221,816 | $2,737,261 | $2,318,842 |
| Net Investment Income | $800,072 | $295,520 | $164,402 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS April 19, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS April 25, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 16, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS August 14, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Liz Gamache as chair, Mark Beams as vice-chair, Justin McCabe as treasurer, and Ina Smith as secretary. Directors listed are Ted Brady, Amy Cunningham, Christine Graham, Phet Keomanyvanh, Elisabeth Kulas, and Jaime Lee.
Preservation Trust of Vermont Inc is led by Ben Doyle, Executive Director on every filing since 2021; 1 of 18 officers listed in 2025 is compensated.
Officers on the 2025 filing
Ben Doyle
Executive Director
On filings since 2021
40 hrs/week
$32K (2021) → $147K (2025)
Liz Gamache
Chair
Director & Interim Executive Director → Secretary, 2022
Secretary → Chair, 2023
On filings since 2021
3 hrs/week
$95K (2021) → $0 (2025)
John Wadhams
Chair
New on the 2025 filing
3 hrs/week
No compensation reported
Charlie Sincerbeaux
Director
Director → Secretary, 2021
Secretary → Director, 2022
On filings since 2019
3 hrs/week
No compensation reported
David Taplin
Director
On filings since 2019
3 hrs/week
No compensation reported
Emily Wadhams
Director
Director → Treasurer, 2020
Treasurer → Director, 2023
On filings since 2019
3 hrs/week
No compensation reported
Jaime Lee
Director
On filings since 2019
3 hrs/week
No compensation reported
Neal Lunderville
Director
Chair → Director, 2021
On filings since 2019
3 hrs/week
No compensation reported
David Marvin
Director
On filings since 2020
3 hrs/week
No compensation reported
Paul Wyncoop
Director
On filings since 2021
3 hrs/week
No compensation reported
Christine Graham
Director
On filings since 2022
3 hrs/week
No compensation reported
Ted Brady
Director
On filings since 2022
3 hrs/week
No compensation reported
Vikas Mangipudi
Director
On filings since 2023
3 hrs/week
No compensation reported
Emily Maclure
Director
New on the 2025 filing
3 hrs/week
No compensation reported
Ina Smith
Secretary
Secretary → Director, 2020
Director → Secretary, 2023
On filings since 2019
3 hrs/week
No compensation reported
Mark Beams
Vice Chair
Director → Vice Chair, 2021
On filings since 2019
3 hrs/week
No compensation reported
Amy Cunningham
Vice Chair
Director → Vice Chair, 2025
On filings since 2023
3 hrs/week
No compensation reported
Justin McCabe
Treasurer
On filings since 2023
3 hrs/week
No compensation reported
Former officers (15)
- Former: Elisabeth Kulas (2021–2024) — Director
- Former: Phet Keomanyvanh (2023–2024) — Director
- Former: Lyssa Papazian (2019–2023) — Chair
- Former: Jeff Stewart (2019–2022) — Director
- Former: Ann Cousins (2019–2021) — Director
- Former: Beth Rusnock (2019–2021) — Director
- Former: Fred Bay (2019–2021) — Director
- Former: Peter Brink (2019–2021) — Director
- Former: Linda Markin (2020–2021) — Finance Officer
- Former: Elizabeth Gamache (2019–2020) — Interim Executive Director
- Former: Gordon Winters (2020) — Director
- Former: Jacqueline Allen (2019) — Director
- Former: Kevin Fitzgerald (2019) — Director
- Former: Michael Newbold (2019) — Treasurer
- Former: Paul Bruhn (2019) — Executive Director
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
The highest reported compensation on the 2025 filing was $147K, to Ben Doyle (Executive Director).
Contact
Mailing address: 90 Main Street 304, Montpelier, VT 05602
Phone: (802) 658-6647
Website: https://ptvermont.org
Frequently asked questions about Preservation Trust of Vermont Inc
How much does Preservation Trust of Vermont Inc give each year?
Preservation Trust of Vermont Inc gave $3.8M across 56 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.3M across 34 grants.
What is Preservation Trust of Vermont Inc's typical grant size?
Preservation Trust of Vermont Inc's median grant in 2025 was $18,514, and its average grant was $66,988, across 56 grants on its 2025 IRS Form 990.
Where does Preservation Trust of Vermont Inc give grants?
Preservation Trust of Vermont Inc gives mostly in Vermont: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Montpelier, VT (4 grants), Danville, VT (2 grants), Lyndonville, VT (2 grants) and Hardwick, VT (2 grants).
Does Preservation Trust of Vermont Inc give general operating support?
Not in 2025: none of the 56 grants with a stated purpose on Preservation Trust of Vermont Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Preservation" (56 grants).
Who are Preservation Trust of Vermont Inc's largest grantees?
Preservation Trust of Vermont Inc's largest 2025 grantees include Strafford Community Trust Inc ($1,807,221), Vermont Council on Rural Development ($181,489) and City of Montpelier ($131,518), according to its 2025 IRS Form 990. Together they received 57% of its itemized 2025 grant dollars.
How large is Preservation Trust of Vermont Inc?
Preservation Trust of Vermont Inc reported $13.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $6.2M.
What does Preservation Trust of Vermont Inc fund?
The organization’s stated mission is to initiate, stimulate, and assist local and statewide efforts to preserve and use Vermont’s historic, architectural, cultural, and community resources. See mission & focus areas ↑
How do I apply for a grant from Preservation Trust of Vermont Inc?
Preservation Trust of Vermont Inc has no public application process in the sources Grantable reviewed. Check ptvermont.org for current guidelines, or contact the foundation directly before submitting a request.
What is Preservation Trust of Vermont Inc's EIN?
Preservation Trust of Vermont Inc's EIN (Employer Identification Number) is 03-0281195. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
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