Nonprofit · EIN 45-1556038
UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION
Tax-exempt · BURLINGTON, VT 05401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $75,767,284 | $46,120,948 | $29,646,336 | $419,451,004 | $14,214,254 | $405,236,750 |
| June 30, 2024 | 990 | $62,368,853 | $39,787,418 | $22,581,435 | $379,533,908 | $13,892,000 | $365,641,908 |
| June 30, 2023 | 990 | $63,417,980 | $37,285,272 | $26,132,708 | $344,092,949 | $12,303,715 | $331,789,234 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $42,509,503
- Program service revenue
- $12,656,670
- Investment income
- $20,599,113
- Royalties
- $1,998
- Net gain from sales of assets
- $5,242,254
- Other revenue
- $1,998
Expenses
- Grants and similar amounts paid
- $30,175,244
- Compensation of officers, directors and key employees
- $1,791,105
- Other salaries and wages
- $7,493,989
- Salaries, compensation and benefits (total)
- $12,401,516
- Professional fundraising fees
- $0
- Legal fees
- $24,567
- Accounting fees
- $120,944
- Occupancy
- $48,097
- Travel
- $479,982
- Depreciation
- $363,071
- Program services (functional)
- $31,821,985
- Management and general (functional)
- $3,313,994
- Fundraising (functional)
- $10,984,969
Balance sheet and other
- Total assets, start of year
- $379,533,908
- Total assets, end of year
- $419,451,004
- Total liabilities, end of year
- $14,214,254
- Net assets, end of year
- $405,236,750
- Land, buildings and equipment
- $20,883,074
- Publicly traded securities
- $81,692,085
- Net assets without donor restrictions
- $23,201,618
- Net assets with donor restrictions
- $382,035,132
- Gross unrelated business income
- $1,998
- Gross receipts
- $102,298,484
- Employees
- 96
- Volunteers
- 6,387
- Year formed
- 2011
- State of legal domicile
- VT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MONICA DELISA | DIRECTOR/EX OFFICIO/FNDN PRES Trustee or director, Officer | 43 | $407,173 | $64,799 |
| KATHLEEN KELLEHER | VP & CHIEF DEVELOPMENT OFFICER Key employee | 40 | $321,082 | $59,591 |
| ANDREW FLEWELLING | VP & CHIEF PEOPLE OFFICER Officer | 40 | $253,247 | $59,860 |
| MARK METIVIER | VP & CFO Officer | 40 | $265,287 | $42,281 |
| KATHLEEN DESJARDINS | VP & CHIEF INFORMATION OFFICER Officer | 40 | $254,364 | $52,920 |
| JOSEPH CAPORALE | ASSISTANT VP DEV/CORPS & FNDNS Highest-paid employee | 40 | $206,348 | $44,800 |
| CHRISTOPHER BERNIER | ASSISTANT VP OF DEVELOPMENT Highest-paid employee | 40 | $184,939 | $53,376 |
| ALAN RYEA | ASSISTANT VP OF DEVELOPMENT Highest-paid employee | 40 | $188,659 | $34,739 |
| MARK MORRISON | ASSISTANT VP OF DEVELOPMENT Highest-paid employee | 40 | $179,897 | $34,952 |
| DANIELLE ALTENBURG | DIRECTOR OF PRINCIPAL GIFTS Highest-paid employee | 40 | $159,612 | $19,475 |
| HOWARD AVERILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CYNTHIA BARNHART BEG 325 | DIRECTOR/EX OFFICIO Trustee or director | 1 | $0 | $0 |
| LYDIA BATES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE BEITZEL BEG 724 | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT P BRENNAN JR | DIRECTOR/VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
25 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC BURT BEG 724 | DIRECTOR Trustee or director | 1 | $0 |
| MICHELE COHEN END 625 | DIRECTOR Trustee or director | 1 | $0 |
| ROGER CRANDALL | DIRECTOR Trustee or director | 1 | $0 |
| SURESH GARIMELLA END 924 | DIRECTOR/EX OFFICIO/UNIV PRES Trustee or director | 2 | $0 |
| VITO IMBASCIANI END 625 | DIRECTOR Trustee or director | 1 | $0 |
| KATHARINE LAUD | DIRECTOR/EX OFFICIO Trustee or director | 1 | $0 |
| THOMAS LEAVITT III | DIRECTOR/TREASURER Trustee or director, Officer | 2 | $0 |
| RON LUMBRA END 325 | DIRECTOR/EX OFFICIO Trustee or director | 1 | $0 |
| DEBORAH MCANENY END 625 | DIRECTOR/CHAIR Trustee or director, Officer | 3 | $0 |
| DONALD H MCCREE III | DIRECTOR Trustee or director | 1 | $0 |
| KAREN NYSTROM MEYER BEG 724 | DIRECTOR Trustee or director | 1 | $0 |
| KRISTINA PISANELLI BEG 724 | DIRECTOR Trustee or director | 1 | $0 |
| ALICE PLANTE | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT PLANTE | DIRECTOR Trustee or director | 1 | $0 |
| PATRICIA PRELOCK BEG 1024 | DIRECTOR/EX OFFICIO/UNIV PRES Trustee or director | 2 | $0 |
| H DAVID REINES BEG 724 | DIRECTOR Trustee or director | 1 | $0 |
| RAY ROBERTS END 1224 | DIRECTOR Trustee or director | 1 | $0 |
| MARA SAULE | DIRECTOR Trustee or director | 1 | $0 |
| DIANE L SEDER | FNDN CHAIR EMERITUS Trustee or director, Officer | 1 | $0 |
| SCOTT SEGAL BEG 724 | DIRECTOR/SECRETARY Trustee or director, Officer | 2 | $0 |
| LISA SNOW BEG 724 | DIRECTOR Trustee or director | 1 | $0 |
| CATHY TREMBLAY END 625 | DIRECTOR/EX OFFICIO Trustee or director | 1 | $0 |
| CYMA ZARGHAMI END 625 | DIRECTOR Trustee or director | 1 | $0 |
| JOHN HILTON | HONORARY FNDN CHAIR EMERITUS Officer | 1 | $0 |
| JAMES R KELLER | HONORARY FNDN CHAIR EMERITUS Officer | 1 | $0 |
990 for the year ended June 30, 2024: 39 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MONICA DELISA | DIRECTOR/EX OFFICIO/FNDN PRES Trustee or director, Officer | 43 | $386,511 | $53,640 |
| KATHLEEN DESJARDINS | VP & CHIEF INFORMATION OFFICER Officer | 40 | $314,623 | $51,142 |
| KATHLEEN KELLEHER | VP & CHIEF DEVELOPMENT OFFICER Key employee | 40 | $283,917 | $48,071 |
| ANDREW FLEWELLING | VP & CHIEF PEOPLE OFFICER Officer | 40 | $246,528 | $47,704 |
| JOSEPH CAPORALE | ASSISTANT VP DEV/CORPS & FNDNS Highest-paid employee | 40 | $189,550 | $35,961 |
| ALAN RYEA | ASSISTANT VP OF DEVELOPMENT Highest-paid employee | 40 | $180,802 | $34,140 |
| MANON O'CONNOR END 424 | ASSOCIATE VP MAJ GIFTS, AHS Key employee | 40 | $177,625 | $34,942 |
| CHRISTOPHER BERNIER | ASSISTANT VP OF DEVELOPMENT Highest-paid employee | 40 | $170,218 | $40,873 |
| MARK METIVIER | VP & CFO Officer | 40 | $173,802 | $29,221 |
| CHARLES FEENEY END 823 | VP & CFO Officer | 40 | $160,119 | $25,595 |
| JOHN YOUSEY-HINDES | ASSISTANT VP FOR EXEC OP. Highest-paid employee | 40 | $131,281 | $36,955 |
| KEVIN MORGANSTEIN FUERST | AVP ANNUAL GIVING, MARKETING, PIPELINE DEV Highest-paid employee | 40 | $130,100 | $16,505 |
| HOWARD AVERILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LYDIA BATES BEG 723 | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK BOLDEN END 624 | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT P BRENNAN JR | DIRECTOR/VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MICHELE COHEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROGER CRANDALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHILIP DANIELS END 1223 | DIRECTOR/EX OFFICIO Trustee or director | 1 | $0 | $0 |
| SURESH GARIMELLA | DIRECTOR/EX OFFICIO/UNIV PRES Trustee or director | 2 | $0 | $0 |
| DAVID GODKIN END 624 | DIRECTOR/SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JAMES HEBERT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VITO IMBASCIANI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATHARINE LAUD BEG 124 | DIRECTOR/EX OFFICIO Trustee or director | 1 | $0 | $0 |
| THOMAS LEAVITT III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON LUMBRA | DIRECTOR/EX OFFICIO Trustee or director | 1 | $0 | $0 |
| SUSAN MARCHAND HIGGINS END 624 | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEBORAH MCANENY | DIRECTOR/CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| DONALD H MCCREE III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALICE PLANTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT PLANTE BEG 723 | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAY ROBERTS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARA SAULE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM SHEAN END 624 | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CATHY TREMBLAY | DIRECTOR/EX OFFICIO Trustee or director | 1 | $0 | $0 |
| H WHITNEY WAGNER END 624 | DIRECTOR/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CATHI WIEBRECHT-SEARER END 624 | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CYMA ZARGHAMI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DIANE L SEDER BEG 723 | FOUNDATION CHAIR EMERITUS Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 41 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATHLEEN KELLEHER BEG 4323 | VP & CHIEF DEVELOPMENT OFFICER Key employee | 40 | $262,777 | $46,825 |
| MONICA DELISA | DIRECTOR/EX OFFICIO/FNDN PRES Trustee or director, Officer | 43 | $243,663 | $36,100 |
| CHARLES FEENEY | VP & CFO Officer | 40 | $224,859 | $48,791 |
| ANDREW FLEWELLING | VP & CHIEF PEOPLE OFFICER Officer | 40 | $206,906 | $49,256 |
| MARY LAMBERT END 22423 | VP FOR DEVELOPMENT Key employee | 40 | $203,157 | $40,436 |
| KATHLEEN DESJARDINS BEG 62023 | VP & CHIEF INFORMATION OFFICER Officer | 40 | $195,385 | $42,109 |
| JAMES R KELLER END 63023 | FNDN CHAIR EMERITUS Officer | 1 | $220,982 | $2,035 |
| KATHY HOWRIGAN END 32822 | VP FOR STRATEGIC ENGAGEMENT Key employee | 40 | $192,222 | $12,156 |
| MANON O'CONNOR | ASSOCIATE VP MAJOR GIFTS, AHS Key employee | 40 | $165,772 | $36,795 |
| CHRISTOPHER BERNIER BEG 4323 | ASSISTANT VP OF DEVELOPMENT Highest-paid employee | 40 | $142,860 | $42,258 |
| MARK METIVIER BEG 5123 | ASSIST. VP FOR CONTRIB. & TREASURY Officer | 40 | $143,147 | $26,090 |
| JOSEPH CAPORALE BEG 4323 | ASST VP FOR DEV/CORP & FNDN RELATIONS Highest-paid employee | 40 | $143,043 | $21,664 |
| ALAN RYEA BEG 4323 | ASSISTANT VP OF DEVELOPMENT Highest-paid employee | 40 | $120,756 | $34,808 |
| ANNA MARIE GEWIRTZ END 1623 | DIRECTOR OF MAJOR GIFTS, GSB Highest-paid employee | 40 | $118,199 | $32,396 |
| VIRGINIA LUBKOWITZ END 7822 | CHIEF DEVELOPMENT OFFICER, AHS Highest-paid employee | 40 | $121,071 | $12,953 |
| HOWARD AVERILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK BOLDEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT P BRENNAN JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM CIMONETTI END 63023 | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHELE COHEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROGER CRANDALL BEG 7122 | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHILIP DANIELS | DIRECTOR/EX OFFICIO Trustee or director | 1 | $0 | $0 |
| BARBARA FIDDLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SURESH GARIMELLA | DIRECTOR/EX OFFICIO/UNIV PRES Trustee or director | 2 | $0 | $0 |
| DAVID GODKIN | DIRECTOR/SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JAMES HEBERT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN MARCHAND HIGGINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VITO IMBASCIANI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TOM LEAVITT BEG 7122 | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON LUMBRA | DIRECTOR/EX OFFICIO Trustee or director | 1 | $0 | $0 |
| DEBORAH MCANENY | DIRECTOR/VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DONALD H MCCREE III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALICE PLANTE BEG 7122 | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAY ROBERTS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARA SAULE BEG 7122 | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DIANE L SEDER END 63023 | DIRECTOR/CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| WILLIAM SHEAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CATHY TREMBLAY BEG 7122 | DIRECTOR/EX OFFICIO Trustee or director | 1 | $0 | $0 |
| WHIT WAGNER | DIRECTOR/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CATHI WIEBRECHT-SEARER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CYMA ZARGHAMI | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 411 MAIN ST, BURLINGTON, VT 05401-7420
- In care of
- % CHARLES FEENEY
- Principal officer (990 for 2024)
- KATHLEEN KELLEHER, 411 MAIN STREET, BURLINGTON, VT 05401
- Signed the 990
- MARK METIVIER, VP & CFO
- Phone
- (802) 656-8600
- Website
- WWW.UVMFOUNDATION.ORG
- Return prepared by
- KPMG LLP
Mission
THE MISSION OF THE UVM FOUNDATION IS TO SECURE AND MANAGE PRIVATE SUPPORT FOR THE BENEFIT OF THE UNIVERSITY OF VERMONT.
Program accomplishments
- THE FOUNDATION'S PRIMARY FUNCTION IS TO RAISE, RECEIVE, AND MANAGE FUNDS FOR SCHOLARSHIPS, PROFESSORSHIPS, AND FACILITIES AND OTHER SUPPORT FOR THE BENEFIT OF THE UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE AND BY OTHERWISE PERFORMING SUPPORT FUNCTIONS THAT CARRY OUT ITS CHARITABLE, SCIENTIFIC, EDUCATIONAL, OR OTHER EXEMPT PURPOSES.Expenses $30,175,244 · grants $30,175,244 · revenue $12,621,442
- ALUMNI ARE OFFERED OPPORTUNITIES TO ATTEND SOCIAL AND EDUCATIONAL EVENTS FOR AN ADMISSION FEE THAT COVERS, AT THE MOST, DIRECT EXPENSES, BUT NEVER COVERS ALL EXPENSES. EVENTS INCLUDE ALUMNI REUNIONS, HOMECOMINGS, BASEBALL GAMES, TENNIS MATCHES, DANCES, ETC.Expenses $1,646,741 · revenue $35,228
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-1556038
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B114)
- Assets (IRS master file)
- $419,451,004
- Income (IRS master file)
- $102,298,484
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $75,767,284 | $46,120,948 | $419,451,004 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $62,368,853 | $39,787,418 | $379,533,908 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $63,417,980 | $37,285,272 | $344,092,949 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $70,043,087 | $34,419,738 | $328,673,195 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-1556038).
Questions about UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION
- What is the EIN of UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION?
- The employer identification number (EIN) of UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION is 45-1556038.
- Is UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION?
- The 990 for the year ended June 30, 2025 names KATHLEEN KELLEHER.
- Who are the officers and directors of UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 40 people; 10 received compensation from the organization, the highest $407,173 (MONICA DELISA, DIRECTOR/EX OFFICIO/FNDN PRES).
- How much revenue does UNIVERSITY OF VERMONT AND STATE AGRICULTURAL COLLEGE FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $75,767,284, expenses of $46,120,948 and total assets of $419,451,004 at year end.
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