OVERVIEW: This private family funder supports Vermont organizations in the areas of youth, seniors, community, and employment and financial independence for working-age adults. Letters of inquiry are accepted at any time of the year.
FUNDING AREAS: Youth, seniors, employment, financial independence, community
IP TAKE: Education continues to be a huge interest for Tarrant, driving nearly $12 million in investments in education partnerships through the Tarrant Foundation Education Initiative.
PROFILE: The Richard E. and Deborah L. Tarrant Foundation is based in Winooski, Vermont, and is committed to improving the lives of people in Vermont. It was created by Rich Tarrant, an entrepreneur and businessman who founded IDX Systems Corporation, a healthcare technology company headquartered in Vermont, in 1969. The company was acquired by GE Healthcare in 2006, and the Tarrant couple has since launched new businesses in renewable energy and healthcare.
Funding interests for the Tarrant Foundation are youth, seniors, employment and financial independence for working-age adults, and local resources and investments for communities. Youth grants focus on the achievement gap, job readiness, mentoring, financial literacy, housing, addiction recovery, and out-of-school time. Senior grants focus on nutrition, enrichment, and independent living. Grants to benefit working-age adults go to homelessness prevention, addiction recovery, job training and retention, and financial literacy. Finally, small grants are offered to complement Vermont communities’ investments in local services and resources.
The bulk of Tarrant's support lately has gone to education and equipping youth for successful futures. Basic needs are also important here, especially food and shelter to alleviate homelessness and hunger throughout Vermont.
Tarrant typically awards 50 to 70 competitive grants each year, with applications accepted solely from Vermont organizations. However, only a portion of the Tarrant Foundation’s funds is made available through the open application process. Tarrant does not provide multiyear grants or grants for schools, classrooms, environmental programs, arts programs, or medical health programs.
To apply for a Tarrant grant, first submit a letter of interest at any time of the year. Letters of interest have a two-page limit and need to include the program, total budget, amount of funding requested, and description of the relevant community need. You can expect a response within about two weeks of submission.
The foundation invites a small portion of LOI submitters to send in a full application. It encourages electronic submission of application materials, although it will also accept paper applications by mail.
General questions can be directed to firstname.lastname@example.org or (802) 857-0495. Lauren A. Curry is the executive director of the foundation. The address is The Champlain Mill, 20 Winooski Falls Way, Suite 450 (Marathon Health), P.O. Box 521, Winooski, Vermont 05404. Read about current foundation news and interests on its blog page.
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