The Prospect Fund
Preselected recipients only
The Prospect Fund is a private foundation in Burlington, Vermont. In tax year 2025 it gave $4.3 million in 5 grants; the typical grant was $10,000 and the largest $4.3 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$4.3 million
- Number of grants5
- Typical grant$10,000
- Largest grant$4.3 million
- Assets$0
- New grantees20%
Giving in 2025 was up from $146,500 the year before.
20% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $91,000 | 18 | $2.8 million |
| 2024 | $146,500 | 27 | $3.1 million |
| 2025 | $4.3 million | 5 | $0 |
How to apply
The Prospect Fund 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.
What The Prospect Fund funds
Where it gives
All of its grants went to recipients in Vermont.
| State | Grants | Amount |
|---|---|---|
| Vermont | 5 | $4.3 million |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Vermont Community Foundation | Unrestricted charitable contribution | $4.3 million |
| Vermont International Film Foundation | Arts support | $10,142 |
| Shelburne Farms | Annual fund | $10,000 |
| Vermont Comm Wash and Learn | To further exempt purpose of organization | $5,000 |
| Fairbanks Museum | To further exempt purpose of organization | $4,375 |
Officers and trustees
- Rena B Koopman
Questions people ask
Does The Prospect Fund accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Prospect Fund give?
$4.3 million in tax year 2025, across 5 grants, with a typical grant of $10,000.
Who runs The Prospect Fund?
Its 2025 filing lists Rena B Koopman (Trustee).
What does The Prospect Fund fund?
Based on its grants, mainly arts and culture.