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Vermont · Public charity

Vermont Energy Investment Corporation

Veic is a sustainable energy company on a mission to generate the energy solutions the world needs (continues in schedule o). (continued), working to combat the climate crisis, boost community resilience, and lower energy costs. For nearly 40 years veic has been working with governments, utilities, foundations and businesses across north…

$8.5M
Granted FY2024(still arriving)
21
Grants FY2024
12
Organizations funded FY2023
42%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$300,000
Largest grant, FY2024
$1,000,000
Organizations funded a year
7 to 116
FY2020 to FY2023
States reached, FY2024
1
Total assets, FY2024
$53M

How open it is to new grantees

In FY2023, 42% of the organizations Vermont Energy Investment Corporation funded were first-time grantees, receiving 73% of its grant dollars.

New vs renewed · share of each year

In FY2023, 27% of grant dollars renewed an existing relationship; $1.8M went to new ones.

50%100%’21’23
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving21$8.5M48%
FY202312$2.5M42%
FY20217$380k0%
FY2020116$15Mn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Environment$20MEducation$4.5MEmployment$1.3MHealth$514kHuman Services$281kRecreation & Sports$64k

Top grantees

Largest recipients by total granted, FY2020 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
St Johnsbury Academy$1,252,57814%
Milton Town School District$1,036,1743n/a
White River Valley Supervisory Union$1,000,0001n/a
Rutland West Neighborhood Housing Services Inc$1,000,000118%
Southwest Vermont Supervisory Union$930,0001n/a
Kingdom East School District$867,5451n/a
Rutland Northeast Supervisory Union$854,1102n/a
Caledonia Central Supervisory Union$839,4613n/a
Washington Central Unified Union School District$815,6991n/a
Burlington Public Schools$768,1272n/a
Show all 131 grantees
All grantees of Vermont Energy Investment Corporation by total granted
GranteeTotal grantedYearsShare of their budget
St Johnsbury Academy$1,252,57814%
Milton Town School District$1,036,1743n/a
White River Valley Supervisory Union$1,000,0001n/a
Rutland West Neighborhood Housing Services Inc$1,000,000118%
Southwest Vermont Supervisory Union$930,0001n/a
Kingdom East School District$867,5451n/a
Rutland Northeast Supervisory Union$854,1102n/a
Caledonia Central Supervisory Union$839,4613n/a
Washington Central Unified Union School District$815,6991n/a
Burlington Public Schools$768,1272n/a
Central Vermont Supervisory Union$750,0001n/a
Lyndon Institute Inc$726,77534%
Central Vermont Supervisory Union$703,9911n/a
Vermont Achievement Center Inc$641,758315%
Windham Southeast School District$583,3231n/a
Orange East Supervisory Union$535,0002n/a
Mount Abraham Unified School District$506,4001n/a
Addison Northwest School District$500,9142n/a
White River Valley Supervisory Union$497,1712n/a
Southwest Vermont Supervisory Union (Svsu)$478,0021n/a
Springfield School District$427,3231n/a
Mount Mansfield Modified Union School District$407,0001n/a
Elmore Morristown Unified Union School District$390,1652n/a
Marion W Cross School$366,6001n/a
Mill River Unified Union School District$344,8692n/a
Addison Central School District$319,3612n/a
Missisquoi Valley School District$311,0761n/a
Clara Martin Center Inc$300,00022%
North Country Supervisory Union$300,0001n/a
River Valleys Unified School District$250,0701n/a
Mountain Views Supervisory Union$250,0001n/a
Richford Junior-Senior High School$242,0811n/a
Windham Central Supervisory Union$240,0001n/a
Orange Southwest Education Association$239,9631n/a
South Burlington School District$216,4431n/a
Barton Academy & Graded School$211,1181n/a
West River Modified Union Education District$209,2041n/a
NFI Vermont Inc$196,49811%
The Sharon Academy Inc$190,28623%
Mount Abraham Unified School District$186,1002n/a
Windsor Southeast Supervisory Union$178,0001n/a
Windham Northeast Supervisory Union$175,9962n/a
Two Rivers Supervisory Union$171,2082n/a
Harwood Unified Union School District$164,6311n/a
Maple Run Unified School District$155,3271n/a
Montpelier High School$147,6141n/a
Clarendon Elementary School$146,6031n/a
Lake Champlain Waldorf School$141,1361n/a
Windsor Central Modified Unified Union School District$138,4061n/a
Champlain Valley School District$134,1511n/a
Thetford Academy$132,99721%
North Country Supervisory Union$130,1061n/a
Stowe Elementary School$129,0301n/a
The Compass School Inc$126,770112%
Slate Valley Modified Unified School District$123,2931n/a
Orleans Southwest Supervisory Union$120,3352n/a
Central Vermont Supervisory Union$118,7811n/a
Windham Southwest Supervisory Union$118,7381n/a
Orchard Valley Waldorf School Inc$116,78215%
Upper Valley Waldorf School$105,11215%
Community House Inc$99,94113%
New England Kurn Hattin Homes$93,94512%
Vermont Academy$92,11411%
Hartford School District$91,6881n/a
Hiland Hall School Inc$88,313125%
St of Vermont Div of Vocational Rehab H2 C South$87,6641n/a
The Dorset School$82,5001n/a
The Grammar School Inc$75,75516%
Essex Westford School District$75,2851n/a
Roman Catholic Diocese of Burlington$74,5251n/a
The Bridge School inc$67,300119%
Rutland Town School$67,1001n/a
St Monicas Parish$62,7502n/a
Vermont Commons School$58,88012%
Elmhill Inc$56,08013%
Newport Town School District$54,0001n/a
Sheldon Elementary School$51,4581n/a
Wells Village School$49,4001n/a
Greater Rutland County Supervisory Union$48,8981n/a
Winooski School District$47,0151n/a
The Schoolhouse Learning Center Inc$46,47713%
Okemo Tutorial Program Inc$45,7501n/a
The Village School of North Bennington$45,35712%
Long Trail School$45,00011%
Mount St Joseph Academy$44,8331n/a
Twinfield Union$39,2601n/a
Colchester School District$37,9851n/a
Christ the King School$35,1241n/a
Essex North Supervisory Union$35,0001n/a
New School of Montpelier$33,3441n/a
Hinesburg Community School$33,1161n/a
Glover Community School$31,5501n/a
Battenkill Valley Supervisory Union$31,5231n/a
Lake Region Union High School$30,8901n/a
Burke Mountain Academy Inc$30,31410%
Mater Christi School$30,1261n/a
Windham School District$28,6761n/a
Hilltop Montessori School Inc$28,26011%
Rice Memorial High School$28,0711n/a
Laraway Youth and Family Services Inc$28,00010%
Franklin Northeast Supervisory Union$24,0001n/a
Southshire Community School$22,00018%
HowardCenter Inc$21,84220%
Patricia a Hannaford Career Center$21,3001n/a
Rock Point School$21,2231n/a
Brookhaven Treatment & Learning Center Inc$20,89111%
Rutland City Public Schools$20,8471n/a
Putney School Inc$19,62610%
Newport City Elementary School$18,6331n/a
Pacem School Inc$18,205114%
Stratton Mountain School$18,04310%
Burr & Burton Seminary$17,84510%
Tunbridge Central School$16,1801n/a
Castleton Elementary School$13,0571n/a
Cambridge Elementary School$12,8161n/a
Bradford Elementary School$12,5571n/a
Barnet Elementary School$12,5541n/a
Brighton Elementary School$12,2461n/a
Grafton Elementary School$12,0111n/a
Marlboro Elementary School$11,0091n/a
River Valley Technical Center$10,9261n/a
Maple Street Foundation Inc$10,65210%
Wallingford Elementary School$9,7991n/a
Charlotte Central School (Ccs)$9,2491n/a
Shrewsbury Mountain School$9,0981n/a
Newbury Elementary School$8,5591n/a
Good Shepherd Catholic School$8,4491n/a
Albany Community School$8,2981n/a
Roman Catholic Diocese of Burlington$7,5471n/a
Mid Vermont Christian School$7,4361n/a
Health Care & Rehabilitation Services of Southeastern Vt Inc$5,91010%

Where it is load-bearing

Vermont Energy Investment Corporation supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 34 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetSt Johnsbury Academy: $1,252,578 over 1y, 3.7% of budgetRutland West Neighborhood Housing Services Inc: $1,000,000 over 1y, 18% of budgetLyndon Institute Inc: $726,775 over 3y, 4.0% of budgetVermont Achievement Center Inc: $641,758 over 3y, 15% of budgetClara Martin Center Inc: $300,000 over 2y, 2.0% of budgetNFI Vermont Inc: $196,498 over 1y, 1.0% of budgetThe Sharon Academy Inc: $190,286 over 2y, 3.3% of budgetThetford Academy: $132,997 over 2y, 1.4% of budgetThe Compass School Inc: $126,770 over 1y, 12% of budgetOrchard Valley Waldorf School Inc: $116,782 over 1y, 5.3% of budgetUpper Valley Waldorf School: $105,112 over 1y, 4.7% of budgetCommunity House Inc: $99,941 over 1y, 2.6% of budgetNew England Kurn Hattin Homes: $93,945 over 1y, 1.6% of budgetVermont Academy: $92,114 over 1y, 0.8% of budgetHiland Hall School Inc: $88,313 over 1y, 25% of budgetThe Grammar School Inc: $75,755 over 1y, 5.8% of budgetThe Bridge School inc: $67,300 over 1y, 19% of budgetVermont Commons School: $58,880 over 1y, 2.0% of budgetElmhill Inc: $56,080 over 1y, 3.1% of budgetThe Schoolhouse Learning Center Inc: $46,477 over 1y, 2.8% of budgetThe Village School of North Bennington: $45,357 over 1y, 1.7% of budgetLong Trail School: $45,000 over 1y, 0.8% of budgetBurke Mountain Academy Inc: $30,314 over 1y, 0.4% of budgetHilltop Montessori School Inc: $28,260 over 1y, 1.0% of budgetLaraway Youth and Family Services Inc: $28,000 over 1y, 0.3% of budgetSouthshire Community School: $22,000 over 1y, 8.0% of budgetHowardCenter Inc: $21,842 over 2y, 0.0% of budgetBrookhaven Treatment & Learning Center Inc: $20,891 over 1y, 1.1% of budgetPutney School Inc: $19,626 over 1y, 0.1% of budgetPacem School Inc: $18,205 over 1y, 14% of budgetStratton Mountain School: $18,043 over 1y, 0.3% of budgetBurr & Burton Seminary: $17,845 over 1y, 0.1% of budgetMaple Street Foundation Inc: $10,652 over 1y, 0.4% of budgetHealth Care & Rehabilitation Services of Southeastern Vt Inc: $5,910 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 34.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Vermont Community FoundationVT65× affinity41 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Vermont Community Foundation · Vermont Afterschool Inc · Stern Center for Language and Learning · Vermont Academy of Science and Engineering Inc · Let's Grow Kids Inc · New Hampshire Charitable Foundation · Ben & Jerry's Foundation Inc · MENTOR Vermont Inc · Elevate Youth Services Inc · Vermont Childrens Trust Foundation · George W Mergens Foundation · United Way of Northwest Vermont Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Vermont Energy Investment Corporation with peer funders

About Vermont Energy Investment Corporation

How much does Vermont Energy Investment Corporation give?
Vermont Energy Investment Corporation reported 21 grants totaling $8,524,334 in its FY2024 IRS filing. It funded between 7 and 116 organizations a year over FY2020 to FY2023.
What does Vermont Energy Investment Corporation fund?
By grant dollars over FY2020 to FY2024, its largest causes are Environment (75%), Education (17%), Employment (5%).
Who are Vermont Energy Investment Corporation's largest grantees?
By total granted over FY2020 to FY2024: St Johnsbury Academy ($1.3M), Milton Town School District ($1.0M), White River Valley Supervisory Union ($1.0M).
Does Vermont Energy Investment Corporation fund new organizations?
In FY2023, 42% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Vermont Energy Investment Corporation?
Its strongest co-funders, measured against what their size predicts, include The Vermont Community Foundation, Vermont Afterschool Inc, Stern Center for Language and Learning.
Where is Vermont Energy Investment Corporation based?
Vermont Energy Investment Corporation is based in VT.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 131 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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