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GENERATION FUND INC

Burlington, VT Tax ID: 27-2993973

Generation Fund Inc, based in Burlington, VT, manages over $41 million in assets and funds projects in several U.S. cities, with a leadership team including Austin Hart as President.

About GENERATION FUND INC

Comprehensive foundation profile based on the most recent IRS Form 990 filing

Generation Fund Inc is a foundation based in Burlington, Vermont, with assets totaling $41,670,767. The foundation reported expenses of $7,297,252 and revenue of $1,028,374. It funds initiatives in cities such as Boston, Cincinnati, and Jenkintown, located in Massachusetts, Ohio, and Pennsylvania, respectively. The leadership team includes Austin Hart Co Dinse PC as President, Wallace Tapia Co Dinse PC as Treasurer, Peter Brown Co Dinse PC as Secretary, and E Russell Peach IV Co Dinse PC as Assistant Treasurer. The foundation does not specify particular subject areas of focus on its record.

Focus Areas

-

Geographic Focus

MAOHPA

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Key Statistics
Total Assets $41.7M
Total Awarded This Year $6.9M
Average Grant Size $7K
Total Grants (Previous Year) 460
Open to New Applicants
% New Applicants Funded
Contact Information
Burlington, VT
Geographic Funding Distribution

Financials

Total Assets
$41.7M

+2.6% from previous year

Annual Grants
$6.9M

4 grants awarded in 2024

Expense Ratio
709.6%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$2,718,354VANGUARD CHARITABLECHARITABLE (UNRESTRICTED)Boston, MA, US2024
$2,218,775FIDELITY CHARITABLE GIFT FUNDCHARITABLE (UNRESTRICTED)Cincinnati, OH, US2023
$2,170,435FIDELITY CHARITABLE GIFT FUNDCHARITABLE (UNRESTRICTED)Cincinnati, OH, US2024
$1,025,000NATIONAL PHILANTHROPIC TRUSTCHARITABLE (UNRESTRICTED)Jenkintown, PA, US2024
$1,025,000THE BOSTON FOUNDATIONCHARITABLE (UNRESTRICTED)Boston, MA, US2024
$900,000FIDELITY CHARITABLE GIFT FUNDCHARITABLE (UNRESTRICTED)Cincinnati, OH, US2022
$779,685FIDELITY CHARITABLE GIFT FUNDCHARITABLE (UNRESTRICTED) (SEE STATEMENT 15)Cincinnati, OH, US2022
$650,000VANGUARD CHARITABLECHARITABLE (UNRESTRICTED)Boston, MA, US2022
$300,243VANGUARD CHARITABLECHARITABLE (UNRESTRICTED)Boston, MA, US2023
$250,000FIDELITY CHARITABLE GIFT FUNDCHARITABLE (UNRESTRICTED)Cincinnati, OH, US2022

People

Leadership & Staff

Compensation data from most recent available 990 forms

AH

AUSTIN HART CO DINSE PC

PRESIDENT

$15,000 2024
WT

WALLACE TAPIA CO DINSE PC

TREASURER

$15,000 2024
PB

PETER BROWN CO DINSE PC

SECRETARY

$15,000 2024
ER

E RUSSELL PEACH IV CO DINSE PC

ASSISTANT TREASURER

$0 2024
Showing 4 of 4 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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