WaterWheel Fund for Vermont Flood Recovery

This Fund was established with proceeds from the Phish benefit concert held on September 14 in Essex Junction, VT. Proceeds from the concert are still being added to the Fund, but are expected to be in excess of $1.2 million.

The Community Foundation has been working closely with the WaterWheel Foundation to develop a comprehensive grantmaking strategy for the Fund. An initial round of support for Irene relief and recovery efforts was announced November 14 and is comprised of several large grants ranging from $50,000 to $150,000 in the categories of farms, businesses, nonprofit organizations, food, and housing. Included in the list of grants are the following funds and organizations which are working hard to distribute contributions to Irene victims: the Vermont Farm Disaster Relief Fund and the Vermont Farm Fund Emergency Loan Program to support farmers who were affected by the flood; the Vermont Irene Flood Relief Fund to support small businesses affected by the flood; the Special and Urgent Needs - Irene Recovery Fund to support nonprofit and public sector organizations affected by the flood; and the Vermont Food Bank. Read the full press release.

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