2024-09-15T12:21:28-04:00 2024-04-30 030325875 DAVIS & HODGDON ASSOCIATES CPAS PLC 33 BLAIR PARK RD STE 201 WILLISTON VT 05495 990 2023-07-01 474302610 VERMONT COLLEGE OF FINE ARTS FOUNDATION INC VERM 8028288545 36 COLLEGE STREET MONTPELIER VT 05602 KATIE GUSTAFSON TREASURER/SECRETARY 8028288545 2024-09-11 true true BRET HODGDON P00497283 8028781963 2024-09-14 2023 2024-08-08 14:25:15Z X KATIE GUSTAFSON 36 COLLEGE STREET MONTPELIER VT 05602 0 false X N/A X 2015 VT TO PROVIDE FINANCIAL SUPPORT FOR THE OPERATIONS AND PROGRAMS OF VERMONT COLLEGE OF FINE ARTS, INC. X 3 2 0 2 0 4858543 0 0 109866 0 0 4968409 0 0 0 0 0 0 8575470 0 8575470 0 -3607061 0 0 0 0 TO PROVIDE FINANCIAL SUPPORT FOR THE OPERATIONS AND PROGRAMS OF VERMONT COLLEGE OF FINE ARTS, INC. false false TO PROVIDE FINANCIAL SUPPORT FOR THE OPERATIONS AND PROGRAMS OF VERMONT COLLEGE OF FINE ARTS, INC. THE FOUNDATION TRANSFERRED ALL REMAINING ASSETS TO THE COLLEGE IN SEPTEMBER 2022 AS PART OF THE NEW MARKET TAX CREDITS UNWIND AND OFFICIALLY DISSOLVED ON APRIL 1, 2024. true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false true false false false true 0 0 0 false false false false false false false false false false false false X 3 2 false false false false false false false true false false false true true true true false false false false false X KATIE GUSTAFSON 8028288545 36 COLLEGE STREET MONTPELIER VT 05602 MIKE GOLDSTEIN PRESIDENT 1.00 X X 0 0 0 KATIE GUSTAFSON TREASURER/SE 1.00 35.00 X X 0 129978 5341 LOUISE CROWLEY DIRECTOR 1.00 X 0 0 0 129978 5341 false false false 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 X false false X X X 1 VERMONT COLLEGE OF FINE ARTS INC VERMONT COLLEGE OF FINE ARTS 208384273 2 true 0 0 1 0 true false false false false false false false false false false false false false false true false false false false false true true true false SCHEDULE N THE FOUNDATION TRANSFERRED ITS REMAINING ASSETS TO THE VERMONT COLLEGE OF FINE ARTS DURING THE YEAR ENDED JUNE 30, 2023 IN CONJUNCTION WITH THE UNWIND OF THE NEW MARKETS TAX CREDIT FINANCING. THE FOUNDATION DID NOT FORMALLY DISSOLVE, HOWEVER, UNTIL APRIL 1, 2024. FORM 990, PAGE 6, PART VI, LINE 8B THERE ARE NO SUBCOMMITTEES THAT REQUIRE MINUTES. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE 990 WILL BE REVIEWED BY THE THREE BOARD MEMBERS PRIOR TO FINAL SUBMISSION TO THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C THE FOUNDATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY HAVING EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: (1) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, (2) HAS READ AND UNDERSTANDS THE POLICY, (3) HAS AGREED TO COMPLY WITH THE POLICY, AND (4) UNDERSTANDS THE FOUNDATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BASED ON EACH INDIVIDUAL REQUEST. VERMONT COLLEGE OF FINE ARTS INC 36 COLLEGE STREET MONTPELIER VT 05602 208384273 EDUCATION VT 501C3 2 NA false false false false false false false false false false false false false false false false false false false false