Vesaf Nfp

Organization Overview

Vesaf Nfp is located in Downers Grove, IL. The organization was established in 2014. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vesaf Nfp 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, Vesaf Nfp generated $169.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 33.6% each year . All expenses for the organization totaled $245.7k during the year ending 12/2022. While expenses have increased by 36.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Vesaf Nfp has awarded 109 individual grants totaling $795,799. 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

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

DEVELOPMENT OF EDUCATION AND INFRASTRUCTURE PROJECTS IN IMPOVERISHED AND UNDERSERVED COMMUNITIES OF VIETNAM.


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Board, Officers & Key Employees

Name (title)Compensation
Nghi Q Lam
President
$0
Hien T Lam
Treasurer
$0
Albert Q Lam
Director
$0
Alice D Lam
Secretary
$0
Tina D Lam
Director
$0
Son H DO
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $168,800
Interest on Savings $327
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $169,127

Grants Awarded

Over the last fiscal year, Vesaf Nfp has awarded $244,815 in support to 19 organizations.

Grant RecipientAmount

TRUONG TRONG KHANH - CHAIRMAN HEARTS OF HUE

PURPOSE: MICROFINANCE FOR 20 FAMILIES (ROUND 1) IN HUONG VAN COMMUNE, THUA THEIN HUE PROVINCE

$13,000

TRUONG TRONG KHANH - CHAIRMAN HEARTS OF HUE

PURPOSE: MICROFINANCE FOR 27 FAMILIES (ROUND 1) IN HUONG VAN COMMUNE, THUA THEIN HUE PROVINCE

$12,820

TRUONG TRONG KHANH - CHAIRMAN HEARTS OF HUE

PURPOSE: MICROFINANCE FOR 29 FAMILIES (ROUND 1) IN HUONG VAN COMMUNE, THUA THEIN HUE PROVINCE

$18,450

TRUONG TRONG KHANH - CHAIRMAN HEARTS OF HUE

PURPOSE: ANNUAL SUPPORT FOR ORPHANIZE MAI AM AT QUANG CHAU PAGODA, DA NANG

$7,365

TIEU JENNY KIM-OANH

PURPOSE: CONSTRUCTION OF 2 RURAL BRIDGES, TAN TIEN 1 AND TAN TIEN 2 IN VI THANH TOWNSHIP, HAU GIANG PROVINCE

$10,800

TRUONG TRONG KHANH - CHAIRMAN HEARTS OF HUE

PURPOSE: SCHOLARSHIP FOR STUDENTS AT XUAN LOC GRANDE SCHOOL, VINH PHYU MIDDLE SCHOOL AND HA TRUNG HIGH SCHOOL (2022-2023 ACADEMIC YEAR)

$13,500
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