Private Foundation

THE PROSPECT FUND

THE PROSPECT FUND is a Private Foundation headquartered in BURLINGTON, VT. Financial data from the 2025 filing: $40K revenue, $4.4M expenses. IRS filings disclose 228 grants awarded by this foundation, totaling roughly $5.3M.

EIN: 306057244 BURLINGTON, VT Latest filing: 2025
Total Revenue$40K
Total Expenses$4.4M
Grants Given228
Grant Total$5.3M
Filing Years2021–2025

Before you apply to The Prospect Fund

Preselected only Doesn't accept unsolicited requests for funds, per its 2025 Form 990-PF.

Often funds new orgs 52% of recent recipients were first-time grantees (2022–2025).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

VERMONT COMMUNITY FOUNDATION
MIDDLEBURY, VT · 2025
UNRESTRICTED CHARITABLE CONTRIBUTION
$4,296,972
VERMONT INTERNATIONAL FILM FOUNDATION
BURLINGTON, VT · 2025
ARTS SUPPORT
$10,142
SHELBURNE FARMS
SHELBURNE, VT · 2025
ANNUAL FUND
$10,000
VERMONT COMM WASH AND LEARN
WILLISTON, VT · 2025
TO FURTHER EXEMPT PURPOSE OF ORGANIZATION
$5,000
FAIRBANKS MUSEUM
ST JOHNSBURY, VT · 2025
TO FURTHER EXEMPT PURPOSE OF ORGANIZATION
$4,375

Showing up to 5 of 228 total records — full history available with membership.

Officers & Directors

TRUSTEE Rena B Koopman

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$5,131,562 204 grants
Environment & Conservation
$70,000 6 grants
Arts & Culture
$35,142 5 grants
Food Assistance & Nutrition
$22,000 4 grants
Education
$9,000 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $40K $4.4M —
2024 $604K $163K $2.8M
2023 $198K $109K $2.4M
2022 $185K $150K $2.3M
2021 $305K $132K $2.3M

Between 2021 and 2025, reported annual revenue declined from $305K to $40K (-87%).

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AL, CA, CT, DC, MA, MD, and 4 other states.

ALCACTDCMAMDMENYORVT

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for THE PROSPECT FUND

Complete financials, all 228 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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