Overview
NSB Foundation Inc, based in Barre, Vermont, is a philanthropic organization with assets totaling $3,379,278. The foundation focuses on funding initiatives in agriculture, fishing, forestry, and human services, primarily within Vermont, including cities such as Barre, Burlington, Colchester, South Burlington, and Winooski. In the fiscal year, the foundation reported expenses of $231,653 and revenue of $249,681. The leadership team includes several directors and officers, such as Nicole Carignan, who serves as President & Chair, and Keith Paxman, the Vice President & Vice Chair. The directors, including Dolly Fleming, John Grenier, Owiso Makuku, and others, receive a nominal compensation for their roles. The foundation's mission is to support community development and service projects within its funded areas.
Focus Areas
Geographic Focus
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Financials
in 2024, compared to $3,097,175 in 2023
5 grants awarded in 2024
Of total expenses go to programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $100,000 | Center for Financial Literacy at Champlain College | General Operating Support | PO Box 670 Burlington, VT US | 2022 |
| $72,500 | Center for Financial Literacy at Champlain College | General Operating Support | PO Box 670 Burlington, VT US | 2023 |
| $50,000 | Vermont Afterschool Inc | General Operating Support | 123 Ethan Allen Avenue Colchester, VT US | 2022 |
| $50,000 | Boys and Girls Club of Burlington | General Operating Support | 62 Oak Street Burlington, VT US | 2024 |
| $50,000 | Lund Family Center Inc | General Operating Support | 50 Joy Drive South Burlington, VT US | 2024 |
| $50,000 | Mercy Connections | General Operating Support | 255 South Champlain Street 8 Burlington, VT US | 2024 |
| $50,000 | Spectrum Youth & Family Services | General Operating Support | 31 Elmwood Avenue Burlington, VT US | 2024 |
| $25,000 | Vermont Afterschool Inc | General Operating Support | 123 Ethan Allen Avenue Colchester, VT US | 2023 |
| $25,000 | Boys and Girls Club of Burlington | General Operating Support | 62 Oak Street Burlington, VT US | 2023 |
| $25,000 | Lund Family Center Inc | General Operating Support | 50 Joy Drive South Burlington, VT US | 2023 |
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People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
KB
Kim Bolduc
| Director | $550 | 2022 |
NC
Nicole Carrigan
| Director | $550 | 2022 |
DF
Dolly Fleming
| Director | $550 | 2022 |
KP
Keith Paxman
| Director | $550 | 2022 |
HS
Heather Shouldice
| Director | $550 | 2022 |
KS
Kerin Stackpole
| Director | $550 | 2022 |
TK
TJ Kingsbury
| Chair | $550 | 2022 |
DF
Dolly Fleming
| Director | $550 | 2023 |
JG
Jason Grenier
| Director | $550 | 2023 |
OM
Owiso Makuku
| Director | $550 | 2023 |
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025