Generation Fund Inc
Preselected recipients only
Generation Fund Inc is a private foundation in Burlington, Vermont. In tax year 2024 it gave $5.9 million in 4 grants; the typical grant was $1.4 million and the largest $1.6 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$5.9 million
- Number of grants4
- Typical grant$1.4 million
- Largest grant$1.6 million
- Assets$39.7 million
- New grantees0%
Giving in 2024 was down from $6.9 million the year before.
0% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $6.9 million | 4 | $41.7 million |
| 2024 | $5.9 million | 4 | $39.7 million |
How to apply
Generation Fund Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Where it gives
Its grants went to recipients in 3 states, the most to Massachusetts.
| State | Grants | Amount |
|---|---|---|
| Massachusetts | 2 | $3.0 million |
| Ohio | 1 | $1.4 million |
| Pennsylvania | 1 | $1.4 million |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Vanguard Charitable | Charitable (unrestricted) | $1.6 million |
| Fidelity Charitable Gift Fund | Charitable (unrestricted) | $1.4 million |
| National Philanthropic Trust | Charitable (unrestricted) | $1.4 million |
| The Boston Foundation | Charitable (unrestricted) | $1.4 million |
Officers and trustees
- Austin Hart Co Dinse PC
- Wallace Tapia Co Dinse PC
- Peter Brown Co Dinse PC
- E Russell Peach IV Co Dinse PC
- Meredith Murphy Co Dinse PC
Questions people ask
Does Generation Fund Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Generation Fund Inc give?
$5.9 million in tax year 2024, across 4 grants, with a typical grant of $1.4 million.
Who runs Generation Fund Inc?
Its 2024 filing lists Austin Hart Co Dinse PC (President), Wallace Tapia Co Dinse PC (Treasurer), Peter Brown Co Dinse PC (Secretary) and E Russell Peach IV Co Dinse PC (Assistant Treasurer - Thru 6/27/2024) among 5 officers and trustees.