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Vermont · Nonprofit

PUTNEY SCHOOL INC

PUTNEY SCHOOL INC (Vermont) receives grants from 78 organizations whose IRS filings report $13,542,472 to it, the largest being GUND GEOFFREY FDN ($3,607,500). 52 of them have funded it in more than one year.

Revenue FY2025
$29M
Funders on record
78
Grants received
$14M
Net assets
$75M
52/78 repeat funderspeak grant-dependency 11%
01What it does

What Putney School Inc does

Mission

The organization is committed to developing each student's full intellectual, artistic and physical potential. Students are encouraged to challenge themselves intellectually, to pursue rigorous learning for its own sake, (see schedule o)the organization is committed to developing each student's full intellectual, artistic and physical potential. Students are encouraged to challenge themselves intellectually, to pursue rigorous learning for its own sake, to actively participate in and appreciate the arts, to contribute meaningfully to the work program that sustains the school community and the farm on which it is located, to engage in vigorous athletics, and to develop a social consciousness and world view that will provide the foundation for life-long moral and intellectual growth.

As stated on its FY2025 Form 990.

Program

  1. The putney school provides an educational program for approximately 165 boarding and 61 day high school students.

    $17,100,794 spentof which $3,887,333 as grants$16,932,063 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $17,100,794.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($20M) Expenses 100 ($15M) Net assets 100 ($44M)2018 Revenue 83 ($16M) Expenses 102 ($16M) Net assets 102 ($45M)2019 Revenue 92 ($18M) Expenses 107 ($16M) Net assets 107 ($47M)2020 Revenue 86 ($17M) Expenses 108 ($17M) Net assets 107 ($47M)2021 Revenue 125 ($25M) Expenses 110 ($17M) Net assets 138 ($61M)2022 Revenue 116 ($23M) Expenses 120 ($18M) Net assets 136 ($60M)2023 Revenue 99 ($20M) Expenses 124 ($19M) Net assets 140 ($62M)2024 Revenue 118 ($23M) Expenses 135 ($21M) Net assets 149 ($66M)2025 Revenue 146 ($29M) Expenses 142 ($22M) Net assets 170 ($75M)
'17'18'19'20'21'22'23'24'25
Revenue (146)Expenses (142)Net assets (170)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $50M to $65M (+30%).

$48M
$49M
$51M
$50M
$65M
$64M
$74M
$79M
$83M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 6% · 2023 3%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$4.4M
’17
$796k
’18
$1.9M
’19
$388k
’20
$7.9M
’21
$4.6M
’22
$526k
’23
$2.6M
’24
$7.1M
’25
2.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Joshua Laughlin

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed282824242430363130
Joined·+8+6+7+7+12+15+3+2
No longer listed·810776983
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 22 funders to 37 funders, grant income rose $596k → $1.9M.

22 of 78 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 42% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PUTNEY SCHOOL INC’s funders (the co-funder graph). Top 30 of 78 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PUTNEY SCHOOL INC has a broad base — no single funder exceeds 27% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

44% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PUTNEY SCHOOL INC.

27%
largest funder
53%
top three
~8
effective funders

Largest funder’s share by year: 2017 59% · 2018 44% · 2019 25% · 2020 20% · 2021 21% · 2022 25% · 2023 53% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

52% of PUTNEY SCHOOL INC's funders are still giving 3 years after their first grant; 67% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

PUTNEY SCHOOL INC draws 100% of its grant income from funders outside Vermont, across 23 states in all.

AK
VT
IL
WI
MI
NY
MA
WY
SD
OH
PA
NJ
CT
RI
CA
CO
MD
DE
NM
NC
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Vermont out of state home

Funder states come from each funder’s own filing. $5.7M arriving through sponsors registered in 17 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding PUTNEY SCHOOL INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $291k on record.

State$291k
10
11
12
13
14
15
16
19
21
22
25
Top programs
  • Other Grants$237k
  • Child Care Subsidy Employ/Trai$49k
  • Child Care Subsidy Family Supp$3k
  • Child Care Quality Enhancement$2k
  • CC Workforce Retention Supp$1k
  • Agency Fund Payments$301

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like PUTNEY SCHOOL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Vermont

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 19%Fundraising 3%

Governance

25
board members
88%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

VT

Screen this organization

A dated, signed PDF of the compliance screen for PUTNEY SCHOOL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PUTNEY SCHOOL INC?
PUTNEY SCHOOL INC (Vermont) receives grants from 78 organizations whose IRS filings report $13,542,472 to it, the largest being GUND GEOFFREY FDN ($3,607,500). 52 of them have funded it in more than one year.
How many funders does PUTNEY SCHOOL INC have?
IRS filings report 78 organizations giving $13,542,472 in grants to PUTNEY SCHOOL INC, 52 of which have funded it in more than one year.
Who is the largest funder of PUTNEY SCHOOL INC?
GUND GEOFFREY FDN is the largest funder on record, with $3,607,500 in grants. The full list of funders is on this page.
How can an organization like PUTNEY SCHOOL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Vermont. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Putney School →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 78 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing