Ronald Terrill Memorial Fund Inc
Ronald Terrill Memorial Fund Inc is a private foundation focused on Education, based in Morrisville, VT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $653K in total assets. In 2025, it awarded 9 grants totaling $46K. Net investment income was $38K.
Ronald Terrill Memorial Fund Inc at a glance
In short: Ronald Terrill Memorial Fund Inc gave $46K across 9 grants in 2025 (avg $5K), top state Vermont. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $46,000
- +27.8% vs 2024
- Grants made (2025)
- 9
- +12.5% vs 2024
- Average grant
- $5,111
- +13.6% vs 2024
- Median grant
- $5,000
- Total assets
- $653,098
- -1.1% vs 2024
- Primary geography
- Vermont (22% 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 Ronald Terrill Memorial Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Kaia Benoit Pace University ($6K). Together the top 9 received $46K.
Grant Size Distribution
41 grants across all recorded years
The most common grant size was under $50K: 41 grants of 41 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
Cities
How Ronald Terrill Memorial Fund Inc gives
- Giving grew 44% from 2022 to 2025. Method
- In 2025 it paid out 117% 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
From 2020 to 2025, annual grant giving ranged from $20K (2020) to $52K (2023). In 2025 it made 9 grants totaling $46K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Kaia Benoit Pace University New York, NY | Post Secondary Education | $6,000 |
| Makala Courtemanche Va Polytech Blacksburg, VA | Post Secondary Education | $5,000 |
| Maya Gregory Seton Hill Univ Greensburg, PA | Post Secondary Eduation | $5,000 |
| Cayden McCoy Ne Institute of Tech E Greenwich, RI | Post Secondary Education | $5,000 |
| Sage Norsworthy University of VT Burlington, VT | Post Secondary Education | $5,000 |
| Eva Volk Bates College Lewiston, ME | Post Secondary Education | $5,000 |
| Eros Deslaurier VT State Univ Johnson, VT | Post Secondary Education | $5,000 |
| Sadie Horner University of WY Laramee, WY | Post Secondary Education | $5,000 |
| Joseph Orost FL Institute of Tech Melbourne, FL | Post Secondary Education | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $653,098 | $51,095 | $58,362 | $46,000 | 9 | $46,000 | $38,263 | $39,411 |
| 2024 | $660,365 | $74,594 | $48,126 | $36,000 | 8 | $36,000 | $60,968 | $37,655 |
| 2023 | $633,897 | $57,196 | $78,112 | $52,000 | 8 | $52,000 | $42,084 | $35,977 |
| 2022 | $654,813 | $33,288 | $45,816 | $32,000 | 8 | $32,000 | $22,325 | $37,666 |
| 2021 | $667,341 | $132,593 | $62,854 | $49,700 | 8 | $49,700 | $112,939 | $38,540 |
| 2020 | $597,602 | $8,506 | $31,658 | $20,000 | 4 | — | $8,145 | $38,378 |
Under IRS private-foundation payout rules, Ronald Terrill Memorial Fund Inc reported a distributable amount of $39K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Ronald Terrill Memorial Fund Inc is led by Andrew Jensvold, President since 2022 (on filings since 2020); none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Andrew Jensvold
President
Vice President → President, 2022
On filings since 2020
1 hr/week
No compensation reported
Brad Limoge
Director
President → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Donna Merriam
Director
On filings since 2020
1 hr/week
No compensation reported
Carla Alexander
Director
On filings since 2024
1 hr/week
No compensation reported
Amy Olsen
Secretary
Director → Secretary, 2024
On filings since 2020
1 hr/week
No compensation reported
George Cormier
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Tim Sargent
Vice President
Director → Vice President, 2022
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Mary West (2020–2023) — Secretary
Data from IRS Form 990 filings, 2020–2025. "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 Ronald Terrill Memorial Fund Inc
How much does Ronald Terrill Memorial Fund Inc give each year?
Ronald Terrill Memorial Fund Inc gave $46K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $36K across 8 grants.
What is Ronald Terrill Memorial Fund Inc's typical grant size?
Ronald Terrill Memorial Fund Inc's median grant in 2025 was $5,000, and its average grant was $5,111, across 9 grants on its 2025 IRS Form 990-PF.
Where does Ronald Terrill Memorial Fund Inc give grants?
Ronald Terrill Memorial Fund Inc's top state is Vermont, with 22% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New York (13%) and Virginia (11%).
Does Ronald Terrill Memorial Fund Inc give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on Ronald Terrill Memorial Fund Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Post Secondary Education" (8 grants).
Who are Ronald Terrill Memorial Fund Inc's largest grantees?
Ronald Terrill Memorial Fund Inc's largest 2025 grantees include Kaia Benoit Pace University ($6,000), Makala Courtemanche Va Polytech ($5,000) and Maya Gregory Seton Hill Univ ($5,000), according to its 2025 IRS Form 990-PF. Together they received 35% of its itemized 2025 grant dollars.
How large is Ronald Terrill Memorial Fund Inc?
Ronald Terrill Memorial Fund Inc reported $653K in total assets on its 2025 IRS Form 990-PF. It paid out $46K in qualifying distributions that year, against a required minimum of $39K (roughly 5% of its investment assets).
What is Ronald Terrill Memorial Fund Inc?
Ronald Terrill Memorial Fund Inc is a private foundation focused on Education, based in Morrisville, VT. It holds $653K in total assets as of 2025.
What is Ronald Terrill Memorial Fund Inc's EIN?
Ronald Terrill Memorial Fund Inc's EIN (Employer Identification Number) is 03-0213310. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 4, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 7, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
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