The Vidda Foundation
- Assets
- $8.6m
- Revenue
- -$25.3k
- Investments
- $7.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/1980
- Data as of
- 05/2024
- EIN
- 13-2981105
Organization Overview
The Vidda Foundation is located in New York, NY. The organization was established in 1980. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vidda Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Vidda Foundation has awarded 109 individual grants totaling $1,613,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION DID NOT ENGAGE IN DIRECT CHARITABLE ACTIVITIES DURING THE FISCAL YEAR ENDED MAY 31, 2020.
THE FOUNDATION MADE GRANTS, CONTRIBUTIONS AND OTHER GIFTS TO QUALIFIED ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ian H Fraser Chairman | 1 | $0 | |
Stephen Evans Trustee | 1 | $0 | |
Helen C Evarts Trustee | 1 | $0 | |
Harriet Gerard Clark Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $267 |
| Dividends & Interest | $224,203 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$249,789 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$25,319 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $893 |
| Printing and publications | $0 |
| Other expenses | $3,205 |
| Total operating and administrative expenses | $86,269 |
| Contributions, gifts, grants paid | $406,000 |
| Total expenses and disbursements | $492,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $704,143 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,900,652 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,604,795 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Vidda Foundation has awarded $406,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
ASCENDUS PURPOSE: NYC SMALL BUSINESS LENDING AND FINANCIAL EDUCATION PROGRAM | $10,000 |
ASSOCIATION FOR CASE MANAGEMENT & HOUSING PURPOSE: OPERATING SUPPORT | $7,500 |
AMERICAN MUSEUM OF NATURAL HISTORY PURPOSE: EDUCATIONAL PROGRAMMING | $30,000 |
BRIGID ALLIANCE PURPOSE: OPERATING SUPPORT | $10,000 |
CARNEGIE HALL PURPOSE: WEILL MUSIC INSTITUTE | $10,000 |
CARTER BURDEN NETWORK PURPOSE: MAKING ART WORK PROGRAM | $10,000 |