The Montpelier Foundation
Description and Goals
The Montpelier Foundation enhances the city’s ability to make investments in capital improvement projects and complements revenue generated from taxes, appropriations, grants and other sources. Created by City Council in 1994, the Foundation receives gifts, bequests and donations of cash or property to support capital projects that provide long term public benefits in Montpelier.
Montpelier Foundation funds can be used for costs associated with the design, construction or acquisition of educational, recreational, transportation, public safety, utility, conservation and preservation, and cultural improvements having a useful life of at least 20 years, unless otherwise designated by the donor.
Tax-deductible contributions to the fund are administered and overseen by the Montpelier Foundation Board of Trustees. The Foundation Board reviews requests and recommends to City Council allocation of Montpelier Foundation funds for capital projects where those dollars can make a difference in further completing or finishing a project.
Agendas & Minutes Agendas are available prior to the meetings, with minutes available following approval. Agendas and minutes are maintained on the Montpelier Foundation homepage or here under Agendas and Minutes.
The Montpelier Foundation Board consists of up to 11 Montpelier residents appointed by the City Council. Current members:
Contact: Karen Freeman, email@example.com