Victoria Foundation Inc

Organization Overview

Victoria Foundation Inc is located in Newark, NJ. The organization was established in 1936. 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. Victoria Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Victoria Foundation Inc generated $24.1m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $16.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Victoria Foundation Inc has awarded 767 individual grants totaling $61,941,125. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE STATEMENT 14


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Frontline Solutions International Llc
$60,000
Morgan Stanley
$770,305
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $14
Dividends & Interest $5,888,757
Net Rental Income$0
Net Gain on Sale of Assets $17,748,566
Capital Gain Net Income $17,653,129
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $500,000
Total Revenue $24,137,337

Grants Awarded

Over the last fiscal year, Victoria Foundation Inc has awarded $34,543,400 in support to 390 organizations.

Grant RecipientAmount

NEWARK COMMUNITY STREET TEAM

PURPOSE: TO ADDRESS THE EVICTION CRISIS IN NEWARK RESULTING FROM THE ONGOING COVID PANDEMIC AND TO SUPPORT A YEAR-LONG ORGANIZING AND ADVOCACY CAMPAIGN CALLED "NEWARK STAYS" TO PUSH FOR CHANGES THAT INCREASE HOUSING SECURITY AND AFFORDABILITY OVER THE LONG TERM

$1,000,000

NEW JERSEY PERFORMING ARTS CENTER CORPORATION

Org PageRecipient Profile

Newark, NJ

PURPOSE: RENEWAL: ARTS EDUCATION INITIATIVES AND PROFESSIONAL DEVELOPMENT

$900,000

NEW COMMUNITY CORPORATION

Org PageRecipient Profile

Newark, NJ

PURPOSE: RENEWAL: GENERAL OPERATING

$800,000

NEWARK MUSEUM ASSOCIATION

Org PageRecipient Profile

Newark, NJ

PURPOSE: RENEWAL: GENERAL OPERATING SUPPORT

$660,000

TRUST FOR PUBLIC LAND

PURPOSE: RENEWAL: PARKS FOR PEOPLE: GENERAL OPERATING SUPPORT

$660,000

LA CASA DE DON PEDRO INC

Org PageRecipient Profile

Newark, NJ

PURPOSE: RENEWAL: GENERAL OPERATING SUPPORT

$600,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Victoria Foundation Inc has recieved totaling $500,000.

Awarding OrganizationAmount
Community Foundation Of New Jersey

Morristown, NJ

PURPOSE: GENERAL SUPPORT

$500,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Arnhold Foundation Inc
New York, NY
$53,665,580
Prudential Foundation Inc
Newark, NJ
$53,115,847
The Grace And Mercy Foundation Inc
New York, NY
$100,220,039
Peter G Peterson Foundation
New York, NY
$50,280,779
Leon Levy Foundation
New York, NY
$121,596,253
Shubert Foundation Inc
New York, NY
$57,657,953
J Howard Pew Freedom Tr
Philadelphia, PA
$64,346,772
Mccune Foundation
Pittsburgh, PA
$38,182,239
Aurora Foundation
Wilmington, DE
$34,829,057
Hauser Foundation Inc
New York, NY
$9,971,722
Pinkerton Foundation
New York, NY
$34,479,499
Jerome L Greene Foundation Inc
New York, NY
$44,061,271

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