VEC Powers and Empowers Members' Communities: VEC Community Fund Announces 2nd Quarter Grant Awards of $1,650

July 28, 2017

Johnson, VT- The VEC Community Fund is a Vermont Electric Cooperative program strengthening member communities by supporting organizations promoting community development and economic security. Funds are allocated on a quarterly basis, and the four areas of focus are: Economic Security, Energy Education, Emergency/Disaster Relief, and Community Development.

The most recent VEC Community Fund recipients are: Vermont Council on Rural Development - $750; Lamoille County Sugar Makers Association - $750; and Lowell Barn Pitch (via Northeast Kingdom Tamarack Inc.) - $150.

“We’re pleased and proud that our members support the VEC Community Fund,” said Christine Hallquist, CEO. The fund underscores a basic cooperative principle of neighbor helping neighbor, member helping member,” added Hallquist.

The Vermont Council on Rural Development is using their funds to help sponsor the National Climate Economy Summit at the University of Vermont on September 6-8, attracting businesses and investors to create new opportunities in energy, efficiency, transportation and recycling. For more information, visit http://vtrural.org/programs/summits/ccecon17

The Lamoille County Sugar Makers Association will use their grant to help fund Maplerama 2017 (August 3-5)—an opportunity for area producers of maple syrup and maple added value products, wholesalers, packers, and equipment dealers to showcase their products, methods of production, and sugar houses to the public and those interested in purchasing maple products. For more information, visit http://vermontmaple.org/maplerama-2017/.

The final grant is to help sponsor the 4th annual Barn Pitch on August 1 in Lowell, providing Northeast Kingdom entrepreneurs and businesses the opportunity to network with renowned Vermont investors, including Cairn Cross of FreshTracks Capital. For more information, visit https://www.roadpitch.co/schedule/lowell-2/.

"The dollar amounts may be small, but their impact is huge," said Steve Mason, co-organizer of the Lowell Road / Barn Pitch with his life partner, Patricia (Trish) Sears. "We're proud to be members of the Vermont Electric Co-op because they are an active partner with small businesses and give back to the communities it serves," added Steve.

This year to date, VEC has granted $2,550 to help fund projects that also included support to the Island Pond Jazz Fest and the Newport Elks Club #2155 Fund Drive. Since inception in the fall of 2014, the VEC Community Fund has donated $6,328 to 13 organizations throughout the VEC service territory.

The Allocation Committee reviews applications on a quarterly basis, and organizations interested in being considered for a grant must complete and submit an online application http://www.vermontelectric.coop/grant-application by the close of business on December 31, March 31, June 30, and September 30.

Members can contribute by rounding up their electric bills to the next highest dollar; making a one-time donation; or donating their returned Patronage Capital—members’ share of the money that remains at the end of the year after we pay our operating expenses. For more information, and to sign-up to contribute to the community fund, visit http://www.vermontelectric.coop/community-resources/community-fund or call 802-635-7645; and to make a donation, go to http://www.vermontelectric.coop/community-fund-sign-up

About Vermont Electric Cooperative:
Headquartered in Johnson, Vermont Electric Cooperative is owned by members, and serves 32,000 members, 2,882 miles of distribution line, 2,056 square miles of territory, and 75 communities in eight counties. Nationally recognized for innovative and advanced use of technology, Vermont Electric Cooperative (VEC) is the largest locally-owned electric distribution utility in Vermont. For more information, visit http://www.vermontelectric.coop/