The Vermont Community Foundation, its fundholders, and charitable partners made $31.9 million in grants, more than 90 percent of which went directly into Vermont communities.
This represents a 24 percent increase from 2019 and more than a 70 percent increase from 2018 grantmaking.
Vermont Community Foundation grants in 2020 also represent nearly a quarter of all annual philanthropic grantmaking in the state in a typical year according to data from the Foundation Center.
Grantmaking from the Community Foundation’s donor advised fundholders also increased, contributing more than $6 million to the VT COVID-19 Response Fund to support a coordinated pandemic response as well as giving directly to nonprofit organizations who are the backbone of Vermont’s communities. Read the Entire Article
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Social enterprise, HandiConnect, wins the Audacious-Business Idea competition’s Doing Good category. The company is spearheaded by University of Otago entrepreneurship master’s student Nguyen Cam Van.