William Dean Fausett Charitable Trust

MANCHESTER CENTER, VT EIN: 03-6079398

William Dean Fausett Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MANCHESTER CENTER, VT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $366K in total assets. In 2024, it awarded 1 grants totaling $49K. Net investment income was $41K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$366K

-2.2% YoY

Annual Giving

$49K

+14.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$49K

+14.2% YoY

Under IRS private-foundation payout rules, William Dean Fausett Charitable Trust reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.

About William Dean Fausett Charitable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Vermont $314K (100%)

States

Vermont

Cities

ManchesterManchester Center

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$366,060	$374,403	$380,894
Revenue	$51,167	$45,581	$44,171
Expenses	$59,510	$52,072	$86,207
Qualifying Distributions	$49,000	$42,900	$75,520
Net Investment Income	$41,110	$36,809	$33,484
Distributable Amount	$44,568	$40,690	$42,762

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include William Dean Fausett Foundation ($49,000).

Recipient	Purpose	Amount
WILLIAM DEAN FAUSETT FOUNDATION MANCHESTER CENTER, VT	ASSISTANCE FOR HISTORIC PRESERVATION	$49,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TRUST COMPANY OF VERMONT	TRUSTEE	3	$9,105

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is William Dean Fausett Charitable Trust?

William Dean Fausett Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MANCHESTER CENTER, VT. It holds $366K in total assets as of 2024.

How large is William Dean Fausett Charitable Trust?

As of 2024, William Dean Fausett Charitable Trust holds $366K in total assets with $51K in annual revenue. It awarded 1 grants totaling $49K in 2024.

Where does William Dean Fausett Charitable Trust operate?

William Dean Fausett Charitable Trust has awarded grants in Vermont.

What size grants does William Dean Fausett Charitable Trust award?

In 2024, William Dean Fausett Charitable Trust awarded 1 grants totaling $49K — an average of about $49K per grant, based on its IRS Form 990 filings.

How much is William Dean Fausett Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William Dean Fausett Charitable Trust reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William Dean Fausett Charitable Trust's EIN?

William Dean Fausett Charitable Trust's EIN (Employer Identification Number) is 03-6079398. IRS Form 990 filing data is available on this page for 2020–2024.