Vhiv Inc

Organization Overview

Vhiv Inc is located in New York, NY. The organization was established in 1991. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vhiv 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 12/2022, Vhiv Inc generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

LEGACY HERITAGE PROJECT ACCELERATE PROGRAM


OTHER CHARITABLE EXPENDITURES - LEGACY HERITAGE PROJECT ACCELERATE


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Board, Officers & Key Employees

Name (title)Compensation
B Gloznek
Assistant Secretary
$0
W Stern
Director
$0
R Kanner
Director
$0
S Wexner
Pres, Secy, Treas, Dir
$0
G Levy
Director
$0
R Agus
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $756
Dividends & Interest $1,273,992
Net Rental Income$0
Net Gain on Sale of Assets $1,136,619
Capital Gain Net Income $1,136,619
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $105,551
Total Revenue $2,516,918

Grants Awarded

Over the last fiscal year, Vhiv Inc has awarded $919,427 in support to 2 organizations.

Grant RecipientAmount

LEGACY HERITAGE INVESTORS I LLC

PURPOSE: FROM PASSTHROUGH

$881

LEGACY HERITAGE PROJECT ACCELERATE

PURPOSE: PROJECT ACCELERATE IS A NATIONAL PROGRAM FOR MID-SIZED, SECOND STAGE JEWISH NON-PROFIT ORGANIZATIONS. THE PROGRAM SUPPORTS THE DEVELOPMENT OF THE SENIOR LEADERSHIP OF PARTICIPATING ORGANIZATIONS, STRENGTHENS ORGANIZATIONAL INFRASTRUCTURE, AND STIMULATES AN INCREASE IN THE ORGANIZATIONS' CAPACITY TO IMPACT THEIR INDIVIDUAL FIELDS AND THE WIDER JEWISH COMMUNITY. THE COMPONENTS OF THE PROGRAM INCLUDE: ORGANIZATIONAL ASSESSMENT, COACHING, PROFESSIONAL DEVELOPMENT SEMINARS IN FUNDRAISING AND OTHER RELEVANT TOPICS, AND GRANT SUPPORT.

$918,546
View Grant Profile

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