The Bank of Bennington Foundation Inc
The Bank of Bennington Foundation Inc is a private foundation, 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.
The Bank of Bennington Foundation Inc at a glance
In short: The Bank of Bennington Foundation Inc gave $85K across 3 grants in 2025 (avg $28K), mostly in Vermont. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $85,000
- +112.5% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $28,333
- +112.5% vs 2024
- Median grant
- $25,000
- Total assets
- $1,441,199
- +25.0% 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 The Bank of Bennington Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Little League Baseball ($50K). Together the top 3 received $85K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 7 grants of 8 (88%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How The Bank of Bennington Foundation Inc gives
- In 2025 it paid out 151% 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 2023 to 2025, annual grant giving ranged from $15K (2023) to $85K (2025). In 2025 it made 3 grants totaling $85K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Little League Baseball Bennington, VT | Little League Baseball programs | $50,000 |
| Manchester Riverwalk Association Manchester Center, VT | Expanding and improving the Battenkill's Riverfront in Manchester, VT | $25,000 |
| Town of Bennington Bennington, VT | Funding to maintain recreation and skatepark facilities | $10,000 |
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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 | $1,441,199 | $362,208 | $8,083 | $85,000 | 3 | $89,041 | $27,945 | $59,130 |
| 2024 | $1,152,646 | $289,903 | $131,582 | $40,000 | 3 | $43,291 | $21,134 | $47,375 |
| 2023 | $864,303 | $483,903 | $19,600 | $15,000 | 2 | $17,300 | $4,285 | $25,123 |
| 2022 | $400,000 | $400,000 | — | — | — | — | — | $837 |
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.
Leadership & Key People
Officers and directors from IRS filings
The Bank of Bennington Foundation Inc is led by John M Ahearn, Board Chair & Director on every filing since 2022; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
John M Ahearn
Board Chair & Director
On filings since 2022
0.5 hrs/week
No compensation reported
Florence M Belnap
Director
On filings since 2022
0.5 hrs/week
No compensation reported
James D Brown
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Jason P Morrissey
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Justin P Salem
Vice Chair & Director
On filings since 2022
0.5 hrs/week
No compensation reported
Laurie T Cohen
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Pamela Nemlich
Director
On filings since 2022
0.5 hrs/week
No compensation reported
William W Brownlee
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "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 The Bank of Bennington Foundation Inc
How much does The Bank of Bennington Foundation Inc give each year?
The Bank of Bennington Foundation Inc gave $85K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $40K across 3 grants.
What is The Bank of Bennington Foundation Inc's typical grant size?
The Bank of Bennington Foundation Inc's median grant in 2025 was $25,000, and its average grant was $28,333, across 3 grants on its 2025 IRS Form 990-PF.
Where does The Bank of Bennington Foundation Inc give grants?
The Bank of Bennington Foundation Inc gives mostly in Vermont: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Bennington, VT (2 grants).
Does The Bank of Bennington Foundation Inc give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on The Bank of Bennington Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
How large is The Bank of Bennington Foundation Inc?
The Bank of Bennington Foundation Inc reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $89K in qualifying distributions that year, against a required minimum of $59K (roughly 5% of its investment assets).
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2025
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