The Richard E. and Deborah L. Tarrant Foundation was a private grantmaking foundation based in Winooski, Vermont. After 20 years of operation, the foundation closed, with its final project transitioning to the Vermont Community Foundation for continued stewardship.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
+2.8% YoY
Annual Giving
$144K
-43.8% YoY
Grant Count
14
-50.0% YoY
Avg Grant Size
$10K
+12.5% YoY
Under IRS private-foundation payout rules, Richard E and Deborah L reported a distributable amount of $91K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's purpose was to enrich the quality of life and communities throughout Vermont. Primary funding areas included:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
Grant Range
s:** Typical awards ranged from $360 to $100,000.
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Geographic Focus
Where this funder awards grants
The foundation primarily funded organizations in Vermont, with additional grantmaking in Florida and Washington.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount |
|---|---|
| Total Assets | $2,060,898 |
| Total Giving | $273,474 |
| Tax-Exempt Status | 501(c)(3), since March 2001 |
| EIN | 03-0364509 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,060,898 | $2,004,171 | $2,272,546 |
| Revenue | $1,060,672 | $172,548 | $36,894 |
| Expenses | $471,661 | $440,923 | $481,610 |
| Qualifying Distributions | $417,422 | $414,144 | $441,483 |
| Net Investment Income | $628,817 | $7,191 | $611 |
| Distributable Amount | $91,361 | $111,462 | $126,251 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
149 grants across all recorded years
Open Grants
1 open opportunity from Richard E and Deborah L
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Vermont Medical Center ($100,000), Boca Raton Regional Hospital Foundation ($10,000), Saint Michael's College ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST BENEDICT'S PREPARATORY SCHOOL NEWARK, NJ | ANNUAL FUND | $1,000 |
| BOCA RATON HISTORICAL SOCIETY BOCA RATON, FL | GENERAL OPERATING SUPPORT | $1,000 |
| BOCA RATON REGIONAL HOSPITAL FOUNDATION BOCA RATON, FL | GO PINK | $10,000 |
| COMMUNITY COLLEGE OF VERMONT MONTPELIER, VT | HEMAC COLLABORATIVE | $2,500 |
| HOLY CROSS CEMETARY ASSOCIATION ST ALBANS, VT | MEMORIAL GIFT | $500 |
| SAINT MICHAEL'S COLLEGE COLCHESTER, VT | ENROLLMENT CHALLENGE | $10,000 |
| SAINT MICHAEL'S COLLEGE COLCHESTER, VT | MEN'S BASKETBALL | $500 |
| SAINT MICHAEL'S COLLEGE COLCHESTER, VT | JJ FLYNN SCHOOL COLLEGE FIELD TRIP | $360 |
| SISTERS OF PROVIDENCE RENTON, WA | INDIVIDUAL/FAMILY ASSISTANCE | $1,500 |
| SPECTRUM YOUTH & FAMILY SERVICES BURLINGTON, VT | ANNUAL FUND | $1,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Richard E. Tarrant served as the founder and provided extraordinary commitment of resources, vision, and leadership to the foundation. Deborah L. Tarrant was co-founder. The foundation was supported by a board of trustees who contributed their time, analytical expertise, and professional experience to the work.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD E TARRANT | DIRECTOR | 1 | — |
| DEBORAH L TARRANT | DIRECTOR | 1 | — |
| FRANK CIOFFI | DIRECTOR | 1 | — |
| LAUREN A CURRY | EXECUTIVE DIRECTOR | 40 | $125,000 |
Recent News & Activity
Recent developments and announcements
The foundation officially closed after 20 years of operation. The foundation expressed gratitude to its partners and acknowledged the collaborative efforts that enabled its investments in people and communities throughout Vermont and beyond. The Gone Guys project, identified as the foundation's final initiative, will continue under the Vermont Community Foundation's leadership.
Richard E And Deborah L Tarrant Foundation Inc - Full FilingSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Richard E and Deborah L fund?
The foundation's purpose was to enrich the quality of life and communities throughout Vermont. Primary funding areas included: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Richard E and Deborah L?
**Grant Sizes:** Typical awards ranged from $360 to $100,000. **Recent Activity:** The foundation's final project, Gone Guys, continues under the stewardship of the Vermont Community Foundation. **Financial Summary (Most Recent Data):** • Total assets: $2,060,898 • Total giving: $273,474
Where does Richard E and Deborah L make grants?
The foundation primarily funded organizations in Vermont, with additional grantmaking in Florida and Washington.
What size grants does Richard E and Deborah L award?
In 2024, Richard E and Deborah L awarded 14 grants totaling $144K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Richard E and Deborah L required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard E and Deborah L reported a distributable amount of $91K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard E and Deborah L's EIN?
Richard E and Deborah L's EIN (Employer Identification Number) is 03-0364509. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Richard E and Deborah L's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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