City of Montpelier home
A little capital goes a long way.
Advanced Search

The Montpelier Foundation

"There are many places you can leave money, but there's no place like home."


What is it ... The Montpelier Foundation is a tax-deductible charitable fund created to accept contributions of money, securities, or property from individuals, organizations, and corporations in order to support future long-term projects in our community. It's like an endowment fund for the city!

Why we need it ... Montpelier has a limited tax base that is becoming increasingly overburdened. Bonding and taxing have become our principle means of funding needed "bricks and mortar" projects. Many other desirable project have just never happened at all. The time has come for a more creative source of revenue.

Remember Hubbard, Kellogg, Heaton, Smilie, and others ... Every resident has to appreciate the contributions made to the city by these people and others like them. Times have changed and so must we. Using the Foundation, individuals and corporations will be able to pool their resources and accomplish more than we once thought possible.

Just imagine ... A new recreation center, a band shell, a skating rink, educational facilities, a civic center, neighborhood parks, a new riverfront, a science center. Most of these could not happen without corporate and private philanthropy. Others will happen out of necessity and will continue to tax-burden our children for years to come.

How the fund works ... The Montpelier Foundation, or the "fund", primarily functions by providing donors with perpetual stewardship of their charitable contributions and by making timely grants to appropriate long-term city projects. The fund is a separate city account governed by an appointed five-member board of trustees, each of whom must be a current resident of Montpelier.

Ways to invest in our future ...
* Money and securities. The foundation accepts cash and marketable securities of any amount. Donors may make one-time contributions, annual pledges, or something in between.
* Life insurance. Policies may be established naming the Foundation as the beneficiary.
* Memorials. Contributions may be made in the name of a friend, relative, colleague, employee, or anyone whom you wish to honor.
* Charitable remainder trust. An irrevocable gift of an asset may be made while retaining a lifetime of income derived from it.
* Property. The Foundation can accept gifts or marketable property, the proceeds from which could then be invested.
* Bequest. The Foundation could be included in wills as part of an individual's estate plans.

For more information ... contact Trustee Beverlee Hill at (802) 223-9512, or e-mail at bhill@montpelier-vt.org

Or write: The Montpelier Foundation
39 Main Street
Montpelier, VT 05602

"A Capital Investment Plan for the Capital City"



 



News View All

November 14, 2014

Winter Parking Ban

Read Full Story

November 13, 2014

Downtown Design Summit - November 20th

Read Full Story

November 04, 2014

Transition Plan Announced for Montpelier DPW

Read Full Story
Events View All

Dec 01, 2014 7:00 pm

Development Review Board meeting

More

Dec 08, 2014 5:30 pm

Planning Commission Meeting

More

Dec 15, 2014 3:00 pm

Montpelier Community Fund Board

Montpelier Community Fund Board Meeting More
Notices View All

December ADA Committee Meeting Cancelled

Read Notice

CONSERVATION COMMISSION VACANCIES

Read Notice

MONTPELIER COMMUNITY FUND BOARD VACANCY

Read Notice