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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).

$8.5M
Granted FY2024still arriving
21
Grants FY2024still arriving
1
States reached
$1.0M
Largest
01What it funds
01100% 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
02FY2024 · 21 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • $10k–50k2 grants · $70k
  • $50k–250k5 grants · $810k
  • $250k+14 grants · $7.6M
$300,000
Median grant
1
States reached
$53M
Total assets
Largest grants
RecipientAmount
RUTLAND WEST NEIGHBORHOOD HOUSING SERVICES$1,000,000
SOUTHWEST VERMONT SUPERVISORY UNION$930,000
RUTLAND NORTHEAST SUPERVISORY UNION$834,185
CENTRAL VERMONT SUPERVISORY UNION$750,000
LYNDON INSTITUTE$616,655
VERMONT ACHIEVEMENT CENTER$614,890
MOUNT ABRAHAM UNIFIED SCHOOL DISTRICT$506,400
ORANGE EAST SUPERVISORY UNION$503,840
BURLINGTON SCHOOL DISTRICT$380,838
MILTON TOWN SCHOOL DISTRICT$374,487
ADDISON NORTHWEST SCHOOL DISTRICT$300,000
NORTH COUNTRY SUPERVISORY UNION$300,000
CLARA MARTIN CENTER INC$279,168
MOUNTAIN VIEWS SUPERVISORY UNION$250,000
WINDHAM CENTRAL SUPERVISORY UNION$240,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–24, $468k) land where the poverty rate runs at 10%, against an area that typically sits at 9%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 9%NFI VERMONT INC: $187k → 10%ELMHILL INC: $56k → 9%COMMUNITY HOUSE INC: $100k → 11%CENTERPOINT SCHOOL: $9k → 10%NEW ENGLAND KURN HATTIN HOMES: $94k → 11%FAYE HONEY KNOPP MEMORIAL SCHOOL: $15k → 12%JEAN GARVIN SCHOOL: $7k → 10%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

34%of every dollar goes to organizations it has funded before.
$8.8M · 21 repeat orgs$17M to everyone else

21 repeat relationships: 11 still active in FY2024, 10 since wound down; 10 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

21
100

Total granted

$8.8M
$13M

Median revenue growth · since first grant

+28%
+41%

Still filing today

29%
27%

New vs renewed · share of each year

In FY2024, 51% of grant dollars renewed an existing relationship; $4.2M went to new ones.

50%100%’20’21’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21’23’24
EducationHuman ServicesRecreation & SportsHealthHousing & ShelterOther
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.

Backed again, and grew

  • LI
    LYNDON INSTITUTE INC
    3× · 2020–2024 · $727k · revenue +33%
  • VA
    VERMONT ACHIEVEMENT CENTER INC
    3× · 2020–2024 · $642k · revenue +10%
  • CLARA MARTIN CENTER INC
    2× · 2023–2024 · $300k · revenue +3%

Funded once

  • SJ
    St Johnsbury Academy
    one grant, 2020 · $1.3M · revenue +23%
  • WR
    WHITE RIVER VALLEY SUPERVISORY UNION
    one grant, 2023 · $1.0M
  • KE
    KINGDOM EAST SCHOOL DISTRICT
    one grant, 2020 · $868k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Mountain Village Charter School

Mountain Village is a public Nature-based, Montessori school, engaging students in experiences that integrate natural environments with the Montessori curriculum, igniting achievement in academic, social-emotional and physical development.

Education
2
The Washington-Waldorf School Inc

Educating the whole child, in mind, body and spirit, for a life of continuous learning and meaningful engagement with the world. Washington Waldorf School follows the Waldorf curriculum for students from pre-kindergarten through twelfth…

Education
3
Vermont Day School Inc

A pre-k-8 independent school whose mission is to foster the skills, knowledge, personal attributes and work habits to enable children to thrive effectively, meaningfully, and joyfully in the world of today and tomorrow.

—
4
The Pine School Inc

The Pine School's mission is to promote academic, artistic, and athletic excellence.

Education
5
Berkwood School

Berkwood Hedge School provides a hands-on developmental curriculum that promotes deep and intuitive learning. Students achieve academic excellence by becoming critical thinkers and creative problem solvers. Our teachers meet the needs of…

Education
6
The Vincent Smith School

The Vincent Smith School is a co-ed, independent, special education school for grades ones through twelve, serving Nassau, Suffolk, and New York City students. The School specializes in students with various learning issues.

Education
7
Champlain Valley Christian School Assoc Inc

K-8 Elementary and Secondary School An elementary and secondary education school providing an academic education with a Christian worldview.

Education
8
Suffield Academy

Suffield Academy is a coeducational independent secondary school serving a diverse student body of day and boarding students from across the United States and from many foreign counties. The school is grounded in a tradition of academic…

Education
9
Hampshire Country School

Hampshire country school is a place of possibilities for high-ability, neurodiverse students enrolling in later elementary or middle school who have not found success in traditional educational environments. hampshire country school offers…

—
10
Heronfield Academy

Heronfield academy provides an exceptional middle school experience that empowers students to reach their highest level of academic and personal achievement. we are commited to ensuring that every individual in our community is seen,…

Education
11
The Lowell Whiteman School

Private k-12 day and boarding school for approximately 180 students.

—
12
Avery Coonley School

The Avery Coonley School elevates high-achieving and gifted learners through immersion in a mutually talented community where intellect, curiosity, and creativity are enhanced by optimal challenge.

—
How this is measured
The grantee most central to the portfolio’s shape is Hilltop Montessori School Inc; the most unlike its peers is Rutland West Neighborhood Housing Services Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

36 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 36 of the 131 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

1
Load-bearing (≥25% of a budget)
5
Early backer (in before they grew)
36/36
Grantees still filing
32/36
Grew since first funded

Where the money sits, by cause and then by grantee

MILTON TOWN SCHOOL DISTRICT: $1,036,174 · OtherWHITE RIVER VALLEY SUPERVISORY UNION: $1,000,000 · OtherSOUTHWEST VERMONT SUPERVISORY UNION: $930,000 · OtherKINGDOM EAST SCHOOL DISTRICT: $867,545 · OtherRUTLAND NORTHEAST SUPERVISORY UNION: $854,110 · OtherCALEDONIA CENTRAL SUPERVISORY UNION: $839,461 · OtherWASHINGTON CENTRAL UNIFIED UNION SCHOOL DISTRICT: $815,699 · OtherBURLINGTON PUBLIC SCHOOLS: $768,127 · OtherCENTRAL VERMONT SUPERVISORY UNION: $750,000 · OtherCENTRAL VERMONT SUPERVISORY UNION: $703,991 · Other+89 more: $12,070,971 · Other+89 moreSt Johnsbury Academy: $1,252,578 · EducationSt Johnsbury Acad…LYNDON INSTITUTE INC: $726,775 · EducationLYNDON INSTITUTE …VERMONT ACHIEVEMENT CENTER INC: $641,758 · EducationVERMONT ACHIEVEME…THE SHARON ACADEMY INC: $190,286 · EducationLake Champlain Waldorf School: $141,136 · Education+18 more: $1,109,656 · Education+18 moreRutland West Neighborhood Housing Services Inc: $1,000,000 · Housing & ShelterNFI Vermont Inc: $196,498 · Human ServicesCOMMUNITY HOUSE INC: $99,941 · Human ServicesNEW ENGLAND KURN HATTIN HOMES: $93,945 · Human ServicesELMHILL INC: $56,080 · Human ServicesHowardCenter Inc: $21,842 · Human ServicesOkemo Tutorial Program Inc: $45,750 · Recreation & SportsSTRATTON MOUNTAIN SCHOOL: $18,043 · Recreation & SportsHEALTH CARE & REHABILITATION SERVICES OF SOUTHEASTERN VT INC: $5,910 · Health
Other$20,636,078Education$4,062,189Housing & Shelter$1,000,000Human Services$468,306Recreation & Sports$63,793Health$5,910

Each grantee by its size and the funder’s share of it; top left is load-bearing

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
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds St Johnsbury Academy ↗
  • Who funds Rutland West Neighborhood Housing Services Inc ↗
  • Who funds LYNDON INSTITUTE INC ↗
  • Who funds VERMONT ACHIEVEMENT CENTER INC ↗
  • Who funds CLARA MARTIN CENTER INC ↗
  • Who funds NFI Vermont Inc ↗
  • Who funds THE SHARON ACADEMY INC ↗

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.

How much its grantees rely on government

Each dot is one organization Vermont Energy Investment Corporation funds: left to right is the share of its income from government, bottom to top the share from Vermont Energy Investment Corporation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 100%2%8%17%30%funder's share of their income ↑0%15%30%45%60%share of the org’s income from government →median 7%
  • Laraway Youth and Family Services Inc: 36% of income from government
  • Vermont Achievement Center Inc: 31% of income from government
  • Community House Inc: 19% of income from government
  • The Schoolhouse Learning Center Inc: 13% of income from government
  • The Bridge School inc: 13% of income from government
  • Clara Martin Center Inc: 12% of income from government
  • Orchard Valley Waldorf School Inc: 10% of income from government
  • The Village School of North Bennington: 9% of income from government
  • Rutland West Neighborhood Housing Services Inc: 9% of income from government
  • HowardCenter Inc: 8% of income from government
  • Lyndon Institute Inc: 7% of income from government
  • Hilltop Montessori School Inc: 5% of income from government
  • Upper Valley Waldorf School: 4% of income from government
  • The Grammar School Inc: 4% of income from government
  • St Johnsbury Academy: 3% of income from government
  • Burr & Burton Seminary: 2% of income from government
  • Thetford Academy: 2% of income from government
  • Health Care & Rehabilitation Services of Southeastern Vt Inc: 2% of income from government
  • Lake Champlain Waldorf School: 1% of income from government
  • New England Kurn Hattin Homes: 1% of income from government
  • The Compass School Inc: 1% of income from government
  • The Sharon Academy Inc: 0% of income from government
no gov moneyreceives it· size = income
10get no government money at all
4report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–60%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

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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