Vigran Family Foundation Inc

Organization Overview

Vigran Family Foundation Inc is located in Richmond, IN. The organization was established in 2001. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Vigran Family 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, Vigran Family Foundation Inc generated $95.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $116.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Vigran Family Foundation Inc has awarded 26 individual grants totaling $160,150. 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO HELP CARRY OUT THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE WAYNE COUNTY INDIANA FOUNDATION INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE VIGRAN FAMILY FOUNDATION SUPPORTS THE CHARITABLE PURPOSES OF THE WAYNE COUNTY FOUNDATION, ESPECIALLY THOSE ADVANCING THEATER AND THE ARTS, HIGHER EDUCATION, HEALTHCARE AND JEWISH CAUSES.


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Board, Officers & Key Employees

Name (title)Compensation
Gary Vigran
Chair
$0
Rebecca Gilliam
Secretary / Treasurer
$0
Ross Vigran
Board Member
$0
Dr Kenneth Woodman
Board Member
$0
Gordon Thompson
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$100
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$100
Total Program Service Revenue$0
Investment income $47,350
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $47,715
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $95,165

Grants Awarded

Over the last fiscal year, Vigran Family Foundation Inc has awarded $27,500 in support to 3 organizations.

Grant RecipientAmount

UNITED WAY OF WHITEWATER VALLEY

Org PageRecipient Profile

Richmond, IN

PURPOSE: 2020 VIGRAN GRANT - UNRESTRICTED

$15,000

EVERY CHILD CAN READ

Org PageRecipient Profile

Richmond, IN

PURPOSE: 2020 VIGRAN DISTRIBUTION FOR CHALLENGE MATCH AND READING ACADEMY

$7,500

GATEWAY HUNGER RELIEF CENTER

Org PageRecipient Profile

Richmond, IN

PURPOSE: 2020 VIGRAN DISTRIBUTIONS FOR CHALLENGE MATCH

$5,000
View Grant Profile

Endowment Analysis

Beg. Balance$2,114,536
Earnings$367,408
Admin Expense$36,465
Net Contributions$100
Other Expense$725
Grants$79,750
Ending Balance$2,365,104

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