The Lionheart Charitable Trust

Foundation · Grantmaker South Burlington, VT EIN: 35-6906359 Website

The Lionheart Charitable Trust is a private foundation based in South Burlington, Vermont. The organization operates as a family foundation focused on philanthropic giving across education, human services, and voluntarism.

Key facts about The Lionheart Charitable Trust

EIN: 35-6906359
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $137,247
Grants made (2024): 26
Average grant: $5,279
Median grant: $1,112
New grantees (estimate): 19% first-time grantees (5 of 26, 2024)
Total assets: $28,261
Primary geography: Vermont (75% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who The Lionheart Charitable Trust funds

By grant dollars, the top recipient states for The Lionheart Charitable Trust's 26 itemized 2024 grants were Vermont (75%) and New York (18%). The most frequent recipient cities were Burlington, VT (7 grants), Charlotte, VT (2 grants), South Burlington, VT (2 grants) and Shelburne, VT (2 grants). 100% of grants with a stated purpose were for general or operating support.

Is The Lionheart Charitable Trust open to new grantees?

19%

first-time grantees, 2024

In 2024, 5 of 26 grantees (19%) were first-time recipients. First grants averaged $5K; repeat grants $5K. How we count

Medians: $5K first-time, $1K repeat.

62% of 2024 grantees were also funded in 2023. Method
Giving fell 86% from 2021 to 2024. Method
In 2024 it paid out 305% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with The Lionheart Charitable Trust

How to evaluate The Lionheart Charitable Trust as a funder
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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$28K

-13.4% YoY

Annual Giving

$137K

+51.6% YoY

Grant Count

+13.0% YoY

Avg Grant Size

$5K

+34.1% YoY

Under IRS private-foundation payout rules, The Lionheart Charitable Trust reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The trust's grant-making priorities include:

Education
Philanthropy, Voluntarism & Grantmaking
Human Services

The foundation primarily directs funding toward Vermont, the District of Columbia, and Virginia.

Grantmaking

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Geographic Focus

Where this funder awards grants

Primary funding regions include:

Vermont
District of Columbia
Virginia

Grant Distribution by State

Vermont $104K (75%)

New York $25K (18%)

California $5K (3%)

District of Columbia $2K (1%)

South Carolina $1K (1%)

All other $1K (1%)

Share of all 26 itemized 2024 grant dollars.

States

Alabama California District of Columbia Massachusetts New Jersey New York South Carolina Virginia Vermont

Cities

BurlingtonShelburneWashingtonCharlotteMiddleburyMiltonMontpelierPutneySouth BurlingtonColchesterHuntingtonMontgomeryNew YorkSo BurlingtonArlingtonBarreWillistonBostonMerrifieldMorrisville

Financial History

Multi-year comparison from IRS filings

Total Assets: $28,261
Total Giving: $137,247
Location: 228 Aviation Avenue, South Burlington, VT 05403

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$28,261	$32,641	$33,648
Revenue	$232,894	$44,176	$32,196
Expenses	$140,577	$95,495	$140,325
Qualifying Distributions	$140,247	$93,567	$139,787
Net Investment Income	$83,874	$44,176	$32,196
Distributable Amount	$45,958	$49,195	$55,907

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2019–2024

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

140 grants across all recorded years

Open Grants

1 open opportunity from The Lionheart Charitable Trust

Foundation

Lionheart Charitable Trust Grant

The Lionheart Charitable Trust

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Lund Family Center ($25,515), National Audubon Society ($25,349), Guanacaste Dry Forest Conservation ($25,115).

Recipient	Purpose	Amount
LUND FAMILY CENTER So Burlington, VT	GENERAL SUPPORT	$25,515
NATIONAL AUDUBON SOCIETY New York, NY	GENERAL SUPPORT	$25,349
GUANACASTE DRY FOREST CONSERVATION Huntington, VT	GENERAL SUPPORT	$25,115
TOWN OF CHARLOTTE Charlotte, VT	GENERAL SUPPORT	$10,000
SOUTH BURLINGTON SCHOOLS FOUNDATION South Burlington, VT	GENERAL SUPPORT	$10,000
Planned Parenthood of Northern NE Burlington, VT	General Support	$6,000
Mercy Connection Burlington, VT	GENERAL SUPPORT	$5,000
Landmark College Putney, VT	General Support	$5,000
SHELBURNE FARMS Shelburne, VT	GENERAL SUPPORT	$5,000
YACHT AID GLOBAL Cardiff, CA	GENERAL SUPPORT	$4,695

Leadership & Key People

Leadership team and compensation from IRS filings

Briar L Alpert – Trustee
Adam L Alpert – Trustee

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Adam L Alpert	Trustee	2	—
Briar L Alpert	Trustee	2	—

Contact Information

Website: lionheartcharitabletrust.com
Telephone: 802-448-1678
EIN: 35-6906359

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does The Lionheart Charitable Trust fund?

The trust's grant-making priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation primarily directs funding toward Vermont, the District of Columbia, and Virginia.

How do I apply for a grant from The Lionheart Charitable Trust?

**Grant Amounts:** Typical awards range from $100 to $50,039. **Recent Activity:** The foundation reported one live grant opportunity based on the most recent available data. **Total Giving:** $137,247 (based on most recent IRS Form 990 filing from 2024)

Where does The Lionheart Charitable Trust make grants?

Primary funding regions include: • Vermont • District of Columbia • Virginia

What size grants does The Lionheart Charitable Trust award?

In 2024, The Lionheart Charitable Trust awarded 26 grants totaling $137K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is The Lionheart Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lionheart Charitable Trust reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Lionheart Charitable Trust's EIN?

The Lionheart Charitable Trust's EIN (Employer Identification Number) is 35-6906359. IRS Form 990 filing data is available on this page for 2019–2024.