
NSB Foundation Inc. concentrates its giving on Vermont-based youth and family services, routinely making sizable, repeat grants to local organizations that deliver afterschool programming, family stabilization, and financial-education services. The foundation favors multi-year or multiple awards to a handful of core grantees in the Burlington/central Vermont region, showing a place-based, youth-focused philanthropic strategy with an emphasis on economic opportunity and equity.
Concentrated, mid-to-large grants with multiple awards to the same local organizations rather than one-off small grants; funding is geographically focused in Vermont and prioritized toward repeat core grantees.
A defining feature of NSB Foundation Inc c/o Northfield Savings Bank is its repeated support for Vermont organizations working in youth services, family stabilization, and financial education. The largest recent grant in the file was $72,500 to the Center for Financial Literacy at Champlain College in Burlington for general operating support, a signal that the foundation backs core organizational capacity as well as program delivery. It has also made multiple awards to groups serving young people and families in Burlington and South Burlington, including Spectrum Youth & Family Services, Mercy Connections, and Lund Family Center Inc. The foundation’s giving shows a clear preference for established local nonprofits rather than isolated one-time awards. Several recipients appear more than once across the recent grants list, often with both $25,000 and $50,000 grants, which points to ongoing relationships. Its support also reaches workforce and transition services, BIPOC leadership development, and afterschool programming, all within Vermont. Grants are frequently labeled general operating support, suggesting flexibility for recipient organizations rather than restricted project-only funding.
Financial literacy is one of the clearest themes in the foundation’s portfolio. In 2023, it gave $72,500 to the Center for Financial Literacy at Champlain College in Burlington for general operating support, and it later added $22,500 to the same organization in 2024. Youth and family services are another major area. The foundation awarded $50,000 to Spectrum Youth & Family Services in Burlington for general operating support in 2024, then followed with another $25,000 grant in 2025. It also supported Mercy Connections with $50,000 in 2024 and $25,000 in both 2023 and 2025. Afterschool and youth development appear in the grant list as well. Vermont Afterschool Inc in Colchester received $25,000 in 2023, while the Boys and Girls Club of Burlington received $50,000 in 2024 and additional support in 2023 and 2025.
Typical grant size centers on $25,000, with a median of $25,000 and a 75th percentile of $50,000. That pattern matches the recent grants list, where many awards cluster at $25,000 and $50,000, with occasional smaller community gifts of $500. The foundation also makes larger strategic awards, including a $72,500 grant. The portfolio shows repeat giving: several organizations appear in multiple years, often with renewed general operating support. The active programs indicate both unsolicited quarterly community grants and foundation-initiated strategic grants, alongside small branch-level donations.
$612K
$3.6M
$340K
$202K
Most grants fall between $25K and $50K, with a median of $25K.
25th Percentile
$25K
Median
$25K
75th Percentile
$50K
About 100% of grants go to recipients in VT.
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Notable grantees: Boys and Girls Club of Burlington, Mercy Connections, Spectrum Youth & Family Services, Lund Family Center Inc, Center for Financial Literacy at Champlain College
Grantmaking is fully Vermont-based, with 100% of grants going to recipients in the foundation’s headquarters state. Burlington appears most often among named recipient cities, followed by South Burlington, Barre, Colchester, Winooski, and Richmond. The distribution is regional rather than statewide in practice, with a strong concentration in Central Vermont and Chittenden County. Recent awards also include organizations in Barre and South Burlington, showing that the foundation’s local giving extends beyond Burlington itself.
The recent grants list centers on Vermont nonprofits serving youth and families, including youth services, family stabilization, afterschool programming, and financial education. The active programs also highlight human services, education, job development, housing, and support for at-risk or low-to-moderate-income individuals and families.
Yes. Several recipients appear in multiple years, including Spectrum Youth & Family Services, Mercy Connections, Boys and Girls Club of Burlington, and Lund Family Center Inc. The repeated awards are often at $25,000 or $50,000 and are frequently labeled general operating support.
The grant-size data shows a p25 of $25,000, a median of $25,000, and a p75 of $50,000. In the recent grants list, many awards sit at those same levels, with a smaller set of $500 community gifts and one larger $72,500 award.
Yes, for the Community Gift Donations program. Those quarterly community grants are reviewed quarterly and accept unsolicited requests. The strategic multi-year partnerships are initiated by the foundation and do not accept unsolicited proposals.
All recent grants in the dataset go to U.S. recipients, and 100% are in Vermont. The named recipient cities include Burlington, South Burlington, Barre, Colchester, Winooski, and Richmond, with the strongest concentration in Central Vermont and Chittenden County.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| Vermont Professionals of Color Network | Burlington, VT | $65,000 | 2025 | General Operating Support |
| Mercy Connections | Burlington, VT | $25,000 | 2025 | General Operating Support |
| Lund Family Center Inc | South Burlington, VT | $25,000 | 2025 | General Operating Support |
| Boys and Girls Club of Burlington | Burlington, VT | $25,000 | 2025 | General Operating Support |
| Spectrum Youth & Family Services | Burlington, VT | $25,000 | 2025 | General Operating Support |
| Elevate Youth Services | Barre, VT | $25,000 | 2025 | General Operating Support |
| NFI Vermont Inc | South Burlington, VT | $500 | 2025 | General Operating Support |
| Vermont Youth Conservation | Richmond, VT | $500 | 2025 | General Operating Support |
| Mercy Connections | Burlington, VT | $50,000 | 2024 | General Operating Support |
| Spectrum Youth & Family Services | Burlington, VT | $50,000 | 2024 | General Operating Support |
| Boys and Girls Club of Burlington | Burlington, VT | $50,000 | 2024 | General Operating Support |
| Lund Family Center Inc | South Burlington, VT | $50,000 | 2024 | General Operating Support |
| Center for Financial Literacy at Champlain College | Burlington, VT | $22,500 | 2024 | General Operating Support |
| Center for Financial Literacy at Champlain College | Burlington, VT | $72,500 | 2023 | General Operating Support |
| Mercy Connections | Burlington, VT | $25,000 | 2023 | General Operating Support |
| Spectrum Youth & Family Services | Burlington, VT | $25,000 | 2023 | General Operating Support |
| Vermont Afterschool Inc | Colchester, VT | $25,000 | 2023 | General Operating Support |
| Lund Family Center Inc | South Burlington, VT | $25,000 | 2023 | General Operating Support |
| Boys and Girls Club of Burlington | Burlington, VT | $25,000 | 2023 | General Operating Support |
| Central Vermont Career Center | Barre, VT | $500 | 2023 | General Operating Support |
| Vermont Works for Women | Winooski, VT | $500 | 2023 | General Operating Support |
Vermont Professionals of Color Network
$65,000General Operating Support
Mercy Connections
$25,000General Operating Support
Lund Family Center Inc
$25,000General Operating Support
Boys and Girls Club of Burlington
$25,000General Operating Support
Spectrum Youth & Family Services
$25,000General Operating Support
Elevate Youth Services
$25,000General Operating Support
NFI Vermont Inc
$500General Operating Support
Vermont Youth Conservation
$500General Operating Support
Mercy Connections
$50,000General Operating Support
Spectrum Youth & Family Services
$50,000General Operating Support
Boys and Girls Club of Burlington
$50,000General Operating Support
Lund Family Center Inc
$50,000General Operating Support
Center for Financial Literacy at Champlain College
$22,500General Operating Support
Center for Financial Literacy at Champlain College
$72,500General Operating Support
Mercy Connections
$25,000General Operating Support
Spectrum Youth & Family Services
$25,000General Operating Support
Vermont Afterschool Inc
$25,000General Operating Support
Lund Family Center Inc
$25,000General Operating Support
Boys and Girls Club of Burlington
$25,000General Operating Support
Central Vermont Career Center
$500General Operating Support
Vermont Works for Women
$500General Operating Support