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). (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).
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$53.4M
+0.9% YoY
Annual Giving
$8.5M
+247.3% YoY
Grant Count
21
+75.0% YoY
Avg Grant Size
$406K
+98.5% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $53,392,034 | $52,913,819 | $52,044,292 |
| Revenue | $130,939,426 | $123,099,830 | $108,745,667 |
| Expenses | $131,141,340 | $121,025,310 | $106,290,392 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $726,184 | $722,987 | $144,183 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
178 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELLEN ZUCKERMAN | CHAIR | 1 | $3,750 |
| OSWALDO ACOSTA | TREASURER | 1 | $3,000 |
| NANCY OWENS | VICE CHAIR | 1 | $2,750 |
| DIANNE DILLON-RIDGLEY | DIRECTOR | 1 | $2,000 |
| VINCENT VALDES | DIRECTOR | 1 | $2,000 |
| NICK RICHARDSON | DIRECTOR | 1 | $2,000 |
| CEDERICK ANTHONY PICKETT | SECRETARY | 1 | $2,000 |
| DALE BRYK | DIRECTOR | 1 | $2,000 |
| JACOB PARK | DIRECTOR | 1 | $2,000 |
| BRANDI COLANDER | DIRECTOR THROUGH SEP. 2024 | 1 | $1,500 |
| JANET BESSER | DIRECTOR | 1 | — |
| MERRIAN BORGESON | DIRECTOR | 1 | — |
| REBECCA FOSTER | CHIEF EXECUTIVE OFFICER | 37.5 | $372,517 |
| KATHERINE MEYERS | CHIEF FINANCIAL OFFICER | 37.5 | $274,920 |
| STEPHANIE PHILLIPS | CHIEF GENERAL COUNSEL | 37.5 | $186,999 |
| LOUIS HUTCHINSON | COO THROUGH NOV. 2024 | 37.5 | $249,507 |
| BEN BURDICK | INTERIM MANAGING DIRECTOR, DCSEU | 37.5 | $191,569 |
| PETER WALKE | MANAGING DIRECTOR, EFFICIENCY VT | 37.5 | $190,505 |
| ERNEST JOLLY | MAN. DIR., DCSEU THROUGH SEP. 2024 | 37.5 | $160,993 |
| LISA HARRIS | CHIEF PEOPLE OFFICER | 37.5 | $266,073 |
| BRIAN KEALOHA | CHIEF GROWTH AND IMPACT OFFICER | 37.5 | $253,635 |
| PIERRE VAN DER MERWE | CHIEF TECHNOLOGY OFFICER | 37.5 | $248,730 |
| MATTHEW DOOLEY | MAN. DIR., EN SERV/INT. COO A/O NOV | 37.5 | $243,190 |
| ANGELA JOHNSON | DIRECTOR, FINANCE, DCSEU | 37.5 | $204,658 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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