The Bank of Bennington Foundation Inc

BENNINGTON, VT EIN: 88-2721875

The Bank of Bennington Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BENNINGTON, VT. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 3 grants totaling $85K. Net investment income was $28K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.4M

+25.0% YoY

Annual Giving

$85K

+112.5% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$28K

+112.5% YoY

Under IRS private-foundation payout rules, The Bank of Bennington Foundation Inc reported a distributable amount of $59K for 2025 — the minimum it must pay out in qualifying distributions.

About The Bank of Bennington Foundation Inc

Based on IRS filings

The Bank of Bennington Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BENNINGTON, VT. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 3 grants totaling $85K. Net investment income was $28K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

ArlingtonBenningtonManchester Center

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$133K$266K$399K$532K2022202320242025
Metric202520242023
Total Assets$1,441,199$1,152,646$864,303
Revenue$362,208$289,903$483,903
Expenses$8,083$131,582$19,600
Qualifying Distributions$89,041$43,291$17,300
Net Investment Income$27,945$21,134$4,285
Distributable Amount$59,130$47,375$25,123

Giving Over Time

Total grant dollars and number of grants per year

$0$21K$43K$64K$85K0 grants20222 grants20233 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Little League Baseball$50KManchester Riverwalk Ass…$25KTown of Bennington$10K

Grant Size Distribution

8 grants across all recorded years

7<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Little League Baseball ($50,000), Manchester Riverwalk Association ($25,000), Town of Bennington ($10,000).

RecipientPurposeAmount
Little League Baseball Bennington, VTLittle League Baseball programs$50,000
Manchester Riverwalk Association Manchester Center, VTExpanding and improving the Battenkill's Riverfront in Manchester, VT$25,000
Town of Bennington Bennington, VTFunding to maintain recreation and skatepark facilities$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
Florence M BelnapDirector0.5
James D BrownDirector0.5
William W BrownleeDirector0.5
Laurie T CohenDirector0.5
Jason P MorrisseyDirector0.5
Pamela NemlichDirector0.5
John M AhearnBoard Chair/Director0.5
Justin P SalemVice Chair/Director0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Bank of Bennington Foundation Inc?

The Bank of Bennington Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BENNINGTON, VT. It holds $1.4M in total assets as of 2025.

How large is The Bank of Bennington Foundation Inc?

As of 2025, The Bank of Bennington Foundation Inc holds $1.4M in total assets with $362K in annual revenue. It awarded 3 grants totaling $85K in 2025.

Where does The Bank of Bennington Foundation Inc operate?

The Bank of Bennington Foundation Inc has awarded grants in Vermont.

What size grants does The Bank of Bennington Foundation Inc award?

In 2025, The Bank of Bennington Foundation Inc awarded 3 grants totaling $85K — an average of about $28K per grant, based on its IRS Form 990 filings.

How much is The Bank of Bennington Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Bank of Bennington Foundation Inc reported a distributable amount of $59K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Bank of Bennington Foundation Inc's EIN?

The Bank of Bennington Foundation Inc's EIN (Employer Identification Number) is 88-2721875. IRS Form 990 filing data is available on this page for 2022–2025.

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

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