GrantAuthority

Vermont Energy Investment Corp

Grantmaking foundation in Burlington, Vermont · EIN 03-0304418

Total giving
$8.5MTax year 2024
Grants made
21Tax year 2024
Total assets
$53MLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

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 AMERICA TO DEVELOP AND DEPLOY CLEAN ENERGY SERVICES THAT PROVIDE IMMEDIATE AND LASTING CHANGE. WITH EXPERTISE IN DECARBONIZATION PLANNING, PROGRAM AND FLEET SOLUTIONS, MARKETING & EDUCATION, AND NEW APPROACHES TO PILOTS AND FEDERAL FUNDING SOLUTIONS, VEIC BRINGS INNOVATIVE IDEAS TO THE MARKET THAT MEET GOALS AND REDUCE GHG. IN ADDITION TO OUR FULL-SERVICE CONSULTING BUSINESS, VEIC ADMINISTERS THREE LARGE-SCALE SUSTAINABLE ENERGY PROGRAMS: EFFICIENCY VERMONT, EFFICIENCY SMART, AND THE DC SUSTAINABLE ENERGY UTILITY (DCSEU).

Quoted from the foundation's IRS filing.

Giving by year

$15M2020
$460K2021
$730K2022
$2.5M2023
$8.5M2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Rutland West Neighborhood Housing Services$1M2024
Southwest Vermont Supervisory Union$930K2024
Rutland Northeast Supervisory Union$830K2024
Central Vermont Supervisory Union$750K2024
Lyndon Institute$620K2024

Amounts are rounded. The full grantee list (21 grants in 2024) is available with a free account.

Website: www.veic.org

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Similar foundations in Vermont

Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.