VERMONT STUDENT DEVELOPMENT FUND INC
EIN 03-0367034 · Scholarships & Student Financial Aid (B82)
What they do
The Vermont Scholarship Fund is A 501(c)(3) Charitable Affiliate of The Vermont Student Assistance Corporation (VSAC). Our Mission is to Provide Scholarships to Vermonters Through Gifts and Grants From The State of Vermont, Federal Agencies, Individual Donors and Philanthropic Sources. Together With Our Supporters We Make It Possible for More People to Aim Higher, Go Further, and Build Something Better for Themselves, Their Families, and The Community. We Partner Closely With Our Supporters to Create Scholarship Funds That Reflect Mission and Goals to Open Doors to Education for Others. We Administer All Scholarships Through VSAC, With Ongoing Support That Makes Managing Scholarships Efficient. In FY25, VSAC Awarded About 16.8 Million In Scholarships Through 150 Award Programs to 4,024 Vermonters.
Should I give to this charity?
Of every $100 spent, about $99.90 was reported for mission work. Use the spending picture below and ask what results that work produced.
Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.
Basic facts we verified
IRS warning checkNo IRS revocation warning appears in this data.
Money report from 2024The charity has a recent tax report to read.
They explain their jobThe charity tells us what it is trying to do.
They name their leaders17 people are listed in the latest report.
You can reach themThey list contact information, so you can ask questions.
Money made simple
Ask these three easy questions
- Who did you help? Ask for a recent story or report that shows real results.
- What will my money do? Ask exactly what your gift will pay for.
- Is this really the charity? Give only through its official website or confirmed phone number.
Pay context: The highest compensation shown in this filing is $75,210 for PATRICK J LEDUC (VP & COO). Compare pay with organizations of similar size and complexity.
Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.
Financial picture
A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.
How each $100 of revenue was used
The large number compares each expense with revenue. The smaller number shows its share of total expenses.
Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.
Has the pattern changed?
Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.
Money in and money out
Reported spending amounts
Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.
See all reported dollar amounts
Leadership and board
Names, titles, time, and compensation below are reported by the organization on its Form 990.
People reported as paid
Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.
See everyone listed on the board or leadership roster (17)
PATRICK J LEDUCVP & COO
SCOTT A GILESPRESIDENT AND CEO
THOMAS A LITTLEVP & GENERAL COUNSEL
MEGHAN METZLERVP OF FINANCE & CFO
MICHAEL R STUARTVP OF FINANCE & CFO
TIM CHAMBERLINDIRECTOR
ANN E CUMMINGSDIRECTOR
RYAN DULUDEDIRECTOR
MIKE PIECIAKDIRECTOR
MICHAEL K SMITHCHAIR FINANCE COMMITTEE
MARY-KATHERINE STONEDIRECTOR
MARTHA P HEATHVICE CHAIR & PROGRAMS & SERVICES COMM. CHAIR
JOHN MCSOLEYCHAIR AUDIT COMMITTEE
DOROTHY R MITCHELLCHAIR
DAVID LARSENSECRETARY & CORPORATE GOVERNANCE COMM. CHAIR
CLARENCE DAVISDIRECTOR
CALEB ELDERDIRECTOR
About this charity
- Recognized since
- January 2000
- Location
- PO BOX 2000, WINOOSKI, VT 05404-2601
- County
- Chittenden
- In care of
- % VERMONT STUDENT ASSISTANCE CORP
- Primary officer
- Meghan Metzler, VP of Finance/CFO
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- July 1, 2024
- Return type
- 990
- NTEE classification
- Scholarships & Student Financial Aid (B82)
- IRS tax category
- Scholarships & Student Financial Aid