Public Charity

VERMONT STUDENT DEVELOPMENT FUND INC

VERMONT STUDENT DEVELOPMENT FUND INC is a nonprofit organization categorized as Public Charity based in Winooski, VT. Its most recent IRS filing (2025) reports revenue of $17.5M, expenses of $16.8M, total assets of $24.6M. Imperigo tracks 16 reported grant relationships connected to this organization totaling approximately $507K.

EIN: 030367034 Winooski, VT Latest filing: 2025
Total Revenue$17.5M
Total Expenses$16.8M
Total Assets$24.6M
Grant Records16
Funding Total$507K
Filing Years2020–2025

Mission

The Vermont Scholarship Fund is a 501(c)(3) charitable affiliate of the Vermont Student Assistance Corporation (VSAC). Our mission is to provide scholarships to Vermonters through gifts and grants from the State of Vermont, Federal agencies, individual donors and philanthropic sources. Together with our supporters we make it possible for more people to aim higher, go further, and build something better for themselves, their families, and the community. We partner closely with our supporters to create scholarship funds that reflect mission and goals to open doors to education for others. We administer all scholarships through VSAC, with ongoing support that makes managing scholarships efficient. In FY25, VSAC awarded about 16.8 million in scholarships through 150 award programs to 4,024 Vermonters.

Officers & Directors

Director Ann E Cummings
Director Caleb Elder
Director Clarence Davis
Secretary & Corporate Governance Comm. Chair David Larsen
Chair Dorothy R Mitchell
Chair Audit Committee John Mcsoley

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL PURPOSE
$236,333 3 grants
VERMONT SCHOLARSHIP FUND ADMINISTRATION FEES
$92,109 1 grant
GEN. SUPPORT
$64,750 2 grants
GEN. PURPOSE
$38,000 1 grant
GENERAL SUPPORT
$33,669 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $17.5M $16.8M $24.6M
2024 $13.7M $13.2M $25.2M
2023 $10.5M $10.0M $21.5M
2021 $7.9M $7.5M $18.1M
2020 $7.1M $6.0M $16.1M

Between 2020 and 2025, reported annual revenue grew from $7.1M to $17.5M (+148%), with total assets most recently reported at $24.6M.

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

See the full picture for VERMONT STUDENT DEVELOPMENT FUND INC

Complete financials, all 16 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time