Nsb Foundation Inc C/O Northfield Savings Bank
ActivePhilanthropy & Voluntarism
About Nsb Foundation Inc C/O Northfield Savings Bank
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.
Focus Areas
Out-of-school time and afterschool programs in Burlington and greater VermontYouth counseling, crisis intervention, and family stabilization servicesFinancial literacy and college/career readiness for teens and young adultsSupport for BIPOC professionals and leadership development in VermontYouth workforce and transitional services (job readiness, mentoring)
Giving Approach
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.
Funding Style
general operating support
About Nsb Foundation Inc C/O Northfield Savings Bank
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.
What Nsb Foundation Inc C/O Northfield Savings Bank Funds
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.
How Nsb Foundation Inc C/O Northfield Savings Bank Gives
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.
Financial Snapshot
Annual Giving
$612K
Total Assets
$3.6M
Total Revenue
$340K
Total Expenses
$202K
Typical Grant Size
Most grants fall between $25K and $50K, with a median of $25K.
25th Percentile
$25K
Median
$25K
75th Percentile
$50K
Geographic Reach
Local1 state funded
About 100% of grants go to recipients in VT.
Funding intensity
LowHigh
Headquarters
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