Vermont Student Development Fund Inc.

Fiscal year ending 2025. Filed on October 24, 2025.

10 East Allen St PO Box 2000
PO Box 2000
Winooski, Vermont 05404

Vermont Student Development Fund Inc. (EIN: 03-0367034), also known as Vermont Scholarship Fund, has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2025 IRS Form 990 filing, Vermont Student Development Fund Inc., a 501(c)(3) charitable organization, reported compensation for 6 employees. Among the employees shown here, the average compensation is $259,493. The highest compensated employee at Vermont Student Development Fund Inc. is Scott A Giles with fiscal year 2025 compensation of $412,495.

Revenue, expenses, and employee compensation

Revenue

$17,494,764

Expenses

$16,807,150

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Mission Statement

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.

Revisions to this organization profile

October 24, 2025:
2025 Vermont Student Development Fund Inc. 990 filed
November 4, 2024:
2024 Vermont Student Development Fund Inc. 990 filed
November 28, 2023:
2023 Vermont Student Development Fund Inc. 990 filed

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