- Revenue 2024
- $17,494,764
- Expenses 2024
- $16,807,150
Program services were 99.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- B82
- Classification
- 2000
- Street
- PO BOX 2000
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Other organizations at this address
1 other organization in the IRS Business Master File lists the same street address. matched by us
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
-
VERMONT STUDENT ASSISTANCE CORP
EIN 03-0216589
Mission and programs · 2024
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.
Activities or mission (Part I)
The mission of the Vermont Student Development Fund is to seek, invest and maintain monetary and other support for scholarships and other financial assistance to individuals seeking a post secondary education or training.
-
Scholarships were awarded and disbursed to 4,024 students to support their pursuit of education.
Expenses $16,793,745 · Grants $16,793,745 · Revenue $16,666,996
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Scott A Giles
President and CEO
- Total calculated
- $412,495
- From this org
- $0
- From related orgs
- $339,174
- Other
- $73,321
- Hours/week
- 0.2 + 37.5 related
Schedule J breakdown matched by us
- Base
- $0 + $304,440 related
- Bonus
- $0 + $18,393 related
- Other
- $0 + $16,341 related
- Deferred
- $0 + $41,002 related
- Nontaxable benefits
- $0 + $32,319 related
- Filer's total
- $0 + $412,495 related
-
Patrick J Leduc
VP & COO
- Total calculated
- $325,209
- From this org
- $0
- From related orgs
- $249,999
- Other
- $75,210
- Hours/week
- 0.2 + 37.5 related
Schedule J breakdown matched by us
- Base
- $0 + $233,421 related
- Bonus
- $0 + $14,256 related
- Other
- $0 + $2,322 related
- Deferred
- $0 + $30,243 related
- Nontaxable benefits
- $0 + $44,967 related
- Filer's total
- $0 + $325,209 related
-
Thomas A Little
VP & General Counsel
- Total calculated
- $304,682
- From this org
- $0
- From related orgs
- $258,861
- Other
- $45,821
- Hours/week
- 1 + 37.5 related
Schedule J breakdown matched by us
- Base
- $0 + $234,036 related
- Bonus
- $0 + $14,043 related
- Other
- $0 + $10,782 related
- Deferred
- $0 + $29,311 related
- Nontaxable benefits
- $0 + $16,510 related
- Filer's total
- $0 + $304,682 related
-
Meghan Metzler
VP of Finance & CFO
- Total calculated
- $158,429
- From this org
- $0
- From related orgs
- $121,025
- Other
- $37,404
- Hours/week
- 0.2 + 37.5 related
Schedule J breakdown matched by us
- Base
- $0 + $120,789 related
- Bonus
- $0 + $236 related
- Other
- $0
- Deferred
- $0 + $11,539 related
- Nontaxable benefits
- $0 + $25,865 related
- Filer's total
- $0 + $158,429 related
-
Michael R Stuart
VP of Finance & CFO
- Total calculated
- $96,649
- From this org
- $0
- From related orgs
- $70,288
- Other
- $26,361
- Hours/week
- 0.2 + 22.5 related
Schedule J breakdown matched by us
- Base
- $0 + $62,340 related
- Bonus
- $0 + $6,948 related
- Other
- $0 + $1,000 related
- Deferred
- $0 + $7,161 related
- Nontaxable benefits
- $0 + $19,200 related
- Filer's total
- $0 + $96,649 related
-
Dorothy R Mitchell
Chair
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
Martha P Heath
Vice Chair & Programs & Services Comm. Chair
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
David Larsen
Secretary & Corporate Governance Comm. Chair
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
Clarence Davis
Director
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
Michael K Smith
Chair Finance Committee
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
John McSoley
Chair Audit Committee
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
Tim Chamberlin
Director
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
Ryan Dulude
Director
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
Mike Pieciak
Director
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
Ann E Cummings
Director
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
Mary-Katherine Stone
Director
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
Caleb Elder
Director
- Total calculated
- $0
- Hours/week
- 0 + 1 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $17,494,764
- Expenses
- $16,807,150
- Contributions
- $16,666,996
- Grants paid
- $16,793,745
-
2023
- Revenue
- $13,719,701
- Expenses
- $13,162,279
- Contributions
- $13,330,920
- Grants paid
- $13,154,249
-
2022
- Revenue
- $10,461,793
- Expenses
- $9,952,137
- Contributions
- $10,205,782
- Grants paid
- $9,952,137
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $10,359,436
- Expenses
- $9,623,959
- Assets (EOY)
- $17,468,961
-
2020 · 990
- Revenue
- $7,934,039
- Expenses
- $7,494,261
- Assets (EOY)
- $18,078,140
-
2019 · 990
- Revenue
- $7,061,675
- Expenses
- $5,999,387
- Assets (EOY)
- $16,135,276
-
2018 · 990
- Revenue
- $5,616,274
- Expenses
- $5,443,508
- Assets (EOY)
- $14,300,089
-
2017 · 990
- Revenue
- $5,401,555
- Expenses
- $4,967,913
- Assets (EOY)
- $12,232,303
-
2016 · 990
- Revenue
- $6,327,939
- Expenses
- $5,687,099
- Assets (EOY)
- $11,871,009
-
2015 · 990
- Revenue
- $6,075,229
- Expenses
- $5,977,627
- Assets (EOY)
- $11,346,481
-
2014 · 990
- Revenue
- $6,520,733
- Expenses
- $5,679,855
- Assets (EOY)
- $10,183,434
-
2013 · 990
- Revenue
- $5,255,227
- Expenses
- $5,126,407
- Assets (EOY)
- $10,508,182
-
2012 · 990
- Revenue
- not reported
- Expenses
- $4,985,938
- Assets (EOY)
- $10,190,751
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
$107,490
2022 GENERAL PURPOSE
-
$92,109
2024 VERMONT SCHOLARSHIP FUND ADMINISTRATION FEES
-
$88,868
2023 GENERAL PURPOSE
-
$12,000
2024 STUDENT SCHOLARSHIPS
-
2022 GENERAL SUPPORT
-
2023 CASH CONTRIBUTION TO SUPPORT SCHOLARSHIP PROGRAM.
-
2022 CASH CONTRIBUTION TO SUPPORT SCHOLARSHIP PROGRAM.
-
$6,000
2022 STUDENT AID
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
Vermont Student Assistance Corporation
501(c)(3) · Counseling and financial assistance to post secondary Vermont students · VT
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.