Private foundation · EIN 27-2993973 · Burlington, Vermont · Philanthropy & grantmaking

Generation Fund Inc

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2024 Form 990-PF: 4 grants paid, $5.9M total, median $1.4M.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2024
4
$5.9M
Median grant
$1.4M
Stays in VT
—
of grants
Deadline
—
Assets
$40M

Grants paid in 2024

4 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Vanguard CharitableBoston, MACharitable (unrestricted)$1.6M
Fidelity Charitable Gift FundCincinnati, OHCharitable (unrestricted)$1.4M
National Philanthropic TrustJenkintown, PACharitable (unrestricted)$1.4M
The Boston FoundationBoston, MACharitable (unrestricted)$1.4M

By state: Massachusetts 2 · Ohio 1 · Pennsylvania 1

About this foundation

Generation Fund Inc is a private grantmaking foundation in Burlington, Vermont, administered in care of Dinse Knapp & McAndrew, tax-exempt since 2010. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Generation Fund Inc accept grant applications?

No. On its 2024 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Generation Fund Inc give each year?

In tax year 2024 it paid $5.9M across 4 grants, a median of $1.4M.

Where does Generation Fund Inc give?

Massachusetts (2 grants), Ohio (1 grants), Pennsylvania (1 grants), per its latest filing.

More foundations near Burlington that accept applications

All in Vermont
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
Rowland Foundation Incsince 2008 Burlington, VT $686K21 grants · 2024 $8,041Yes $35M
The Pizzagalli Foundationsince 1988 Burlington, VT $1.7M1 grants · 2025 $1.7MYes $16M
Charles P Ferro Foundationsince 1995 Burlington, VT $192K28 grants · 2025 $3,000Yes $4.5M
Antonio B and Rita M Pomerleau Foundation Incsince 1998 Burlington, VT $1.6M57 grants · 2024 $10KYes $2.1M
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