VSAC will be closed on Wednesday, April 15th, but will resume regular hours on Thursday, April 16th.
On Wednesday, April 15th, our dedicated staff will have the honor of reviewing hundreds of scholarship applications for over 80 different scholarship programs. Thank you for your patience as we do this important work.

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Investment Performance & Financial Statements

The linked Endowment Statement files present certain elements of financial information about the endowment investments of the Vermont Scholarship Fund. These reports are provided to VSF/VSAC by the investment manager. Earlier periods are available upon request or from www.guidestar.org.

PDFs (Annual Reports, Financial Statements, Endowment Statements)

Name	Type	Download Resource
Vermont Student Development Fund Summary Financial Statements (Unaudited) – December 31, 2025	Financial Statements
Vermont Student Development Fund Summary Financial Statements (Unaudited) – September 30, 2025	Financial Statements
Annual Form 990 – June 30, 2025	Annual Tax Return
Vermont Student Development Fund Summary Financial Statements (Unaudited) – June 30, 2025	Financial Statements
Vermont Student Development Fund Summary Financial Statements (Unaudited) – March 31, 2025	Financial Statements
Annual Form 990 – June 30, 2024	Annual Tax Return
Annual Form 990 – June 30, 2023	Annual Tax Return
The Vermont Scholarship Fund Annual Report – November 2022	Annual Report
The Vermont Scholarship Fund Annual Report – December 2021	Annual Report
The Vermont Scholarship Fund Annual Report – December 2020	Annual Report