Overview
What is Vermont Childrens Trust Foundation?
The Vermont Children's Trust Foundation (VCTF) is a nonprofit organization situated in Burlington, Vermont. Their primary mission is to enhance the well-being of children and families in the state by raising private funds to support prevention programs. In the fiscal year 2023, they granted a total of $336,210 to 42 programs, serving approximately 22,000 individuals. These programs cater to children from birth to 18 and their families, offering various services such as pre-school, after-school, and parenting education. The aim is to keep children connected to their communities, helping them excel in school, broaden their experiences, and develop essential skills. The funded programs contribute to two main objectives: ensuring Vermont's families are safe, nurturing, stable, and supported, and enabling Vermont's children and young people to reach their full potential.
Official website here: www.vtchildrenstrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Vermont Children's Trust Foundation has earned a strong Three-Star rating from Charity Navigator, reflecting its commitment to accountability and finance. The foundation's overall score is based entirely on a single beacon score, showcasing excellent governance with a fully independent board and a solid track record of fiscal responsibility. The charity demonstrates transparency and ethical practices, as indicated by its policies on conflict of interest and whistleblower protections.
One of the significant strengths of the organization is its impressive program expense ratio of 82.97%, which indicates that a large portion of its funding is directed toward its programs rather than administrative costs. This efficiency is bolstered by a liabilities to assets ratio of only 1.34%, showcasing a healthy financial position that allows the organization to operate effectively without incurring significant debt.
While the overall rating is commendable, the charity's score is derived solely from its accountability and finance beacon, which may limit insights into other operational aspects such as program impact or community engagement. Nonetheless, the Vermont Children's Trust Foundation appears to be a well-managed organization with solid governance practices, focusing on delivering meaningful support for children in need within Vermont.
This AI summary has been generated from information found on Charity Navigator.
Is Vermont Childrens Trust Foundation legitimate?
Vermont Childrens Trust Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Childrens Trust Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $68,751
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,631
For more financial information, click here
Official website here: www.vtchildrenstrust.org
What is the mission statement of Vermont Childrens Trust Foundation?
The Vermont Children's Trust Foundation's mission is centered around ensuring the well-being of children and families. By raising private funds, they support prevention programs throughout Vermont, focusing on children from birth to 18. In the fiscal year 2023, they allocated a total of $336,210 to 42 such programs, benefiting nearly 22,000 individuals. These programs, ranging from pre-school to parenting education, aim to keep children connected to their communities, foster their academic success, and broaden their experiences through various activities. The Foundation's grants are awarded to programs that contribute to two main outcomes: ensuring families are safe, nurturing, stable, and supported, and enabling children to reach their full potential.
Official website here: www.vtchildrenstrust.org
Who is the CEO of Vermont Childrens Trust Foundation?
Molly Bucci is the Executive Dir. of Vermont Childrens Trust Foundation.
Official website here: www.vtchildrenstrust.org
What is the revenue of Vermont Childrens Trust Foundation?
Vermont Childrens Trust Foundation's revenue in 2023 was $958,551.
Official website here: www.vtchildrenstrust.org
Who are the executives of Vermont Childrens Trust Foundation and what are their salaries?
The average compensation at Vermont Childrens Trust Foundation during 2023 was $53,691. There are 2 employees and 715 volunteers at Vermont Childrens Trust Foundation.
Here are 15 key members and their salaries:
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Official website here: www.vtchildrenstrust.org
Where can I find the form 990 for Vermont Childrens Trust Foundation?
Vermont Childrens Trust Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vtchildrenstrust.org
Learn more at the official website: www.vtchildrenstrust.org
Mission Statement of Vermont Childrens Trust Foundation
The Vermont Children's Trust Foundation, in its mission, works diligently to safeguard the well-being of children and families residing in Vermont. To accomplish this, the organization raises private funds, which it then channeled towards funding prevention programs for children and families across the state in the fiscal year 2023, amounting to a total of $336,210. These funds support various programs serving nearly 22,000 individuals, focusing on children from birth to 18 years old and their families. These programs encompass pre-school, after-school, and parenting education initiatives, all aimed at keeping children connected to their communities, preparing them for academic success, and broadening their experiences through various mediums such as art, literature, theater, and nature.
The Vermont Children's Trust Foundation seeks to achieve two primary outcomes through its funding initiatives. Firstly, the foundation strives to establish a safe, nurturing, stable, and supportive environment for families in Vermont. Secondly, the organization aims to empower children and young people in the state to reach their full potential. By providing these essential resources, the Vermont Children's Trust Foundation is contributing to a brighter future for Vermont's youth, ensuring they are well-equipped to realize their aspirations and succeed in their endeavors.
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Impact
July, 2024
Vermont Childrens Trust Foundation's impact is significant in ensuring the well-being of children and families in Vermont. In FY 2023, they funded 42 programs serving nearly 22,000 people throughout the state, with a total grant amount of $336,210. These programs focus on a range of areas such as keeping children connected to their communities, preparing them for success in school, broadening their experiences through various activities, teaching important skills to reduce risk factors, and more. By supporting these programs, VCTF contributes to the safety, nurturing, and potential achievement of Vermont's families and youth.
This information is meant to be a general summary of Vermont Childrens Trust Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $55,736
- Gross Receipts: $1,134,853
Assets and Liabilities:
- Total Assets: $1,792,197
- Total Liabilities: $24,068
- Net Assets: $1,768,129
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Organization Details
Founding Year
1995
Principal Officer
Molly Bucci
Main Address
95 St Paul Street 330, Burlington, VT, 05401
Website
www.vtchildrenstrust.orgNTEE Category
Code: T99Z - Philanthropy
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