Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2016
Open to Public
Inspection
Name of the organization
VERMONT STUDENT DEVELOPMENT FUND INC
 
Employer identification number
03-0367034
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
(if applicable)		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
 
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2016
Page 2

Schedule I (Form 990) 2016
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
noncash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of noncash assistance
(1) Scholarships - Federal Programs 699 1,026,611 0    
(2) Scholarships - Vermont State Programs 1362 1,626,962 0    
(3) Scholarships - Private Annual 852 2,768,388 0    
(4) Scholarships - Private Termed Endowments 43 155,833 0    
(5) Scholarships - Private Permanent Endowments 97 109,305 0    
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
Schedule I, Part I, Line 2 The awarding of scholarships by VSDF is performed by its related organization VSAC to insure all funds are awarded and disbursed in accordance with the donors' directives. VSAC maintains a complete staff of experts in its Grants and Scholarships department using the latest I.T. technologies to insure the quality of this process. Additionally all funds received from Federal programs are subject to VSAC's annual Uniform Guidance Single Audit process. Certain of the larger private scholarships are audited at the donors' expense, and all scholarship expenditures are open to inspection by their donors. Additionally, except for a few cases of donor preference, VSDF awards are disbursed directly to the higher education institution selected by the recipients. In a few cases where this is not the donors' wish VSDF and VSAC work to encourage this practice.
Schedule I (Form 990) 2016



Additional Data


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