V & S Foundation Inc
- Assets
- $984.8k
- Revenue
- $203.2k
- Investments
- $936.7k
- Employees
- 0
- Location
- Gaithersburg, MD
- Founding
- 09/2008
- Data as of
- 06/2021
- EIN
- 80-0160777
Organization Overview
V & S Foundation Inc is located in Gaithersburg, MD. The organization was established in 2008. 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. V & S 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 06/2021, V & S Foundation Inc generated $203.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $510.7k during the year ending 06/2021. While expenses have increased by 6.7% per year over the past 5 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, V & S Foundation Inc has awarded 164 individual grants totaling $2,891,600. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda C Viragh President | 5 | $43,333 | |
Stephanie R Saturni CEO | 15 | $29,211 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,618 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $189,583 |
| Capital Gain Net Income | $189,583 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $203,201 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $72,544 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $181 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,427 |
| Total operating and administrative expenses | $84,216 |
| Contributions, gifts, grants paid | $426,500 |
| Total expenses and disbursements | $510,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $48,106 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $984,798 |
| 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, V & S Foundation Inc has awarded $426,500 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
Rochester, MN PURPOSE: PROVIDE PLACEMENT PROGRAM AND LONG-TERM RECOVERY HOUSING PROGRAM | $125,000 |
Washington, DC PURPOSE: CREATE EDUCATIONAL OPPORTUNITIES FOR REWARDING CAREERS FOR YOUNG PEOPLE FROM THE WASHINGTON, DC REGION | $40,000 |
Baltimore, MD PURPOSE: PROVIDE FREE LEGAL SERVICES TO HOMELESS PERSONS IN MARYLAND | $25,000 |
DC WISE PURPOSE: WOMEN IN SOLIDARITY FOR EMPOWERMENT. | $25,000 |
OPERATION SECOND CHANCE PURPOSE: DISCRETIONARY GRANT FOR OPERATIONS. | $25,000 |
FLORENCE CRITTENTON SERVICES PURPOSE: EMPOWERING TEEN GIRLS TO OVERCOME OBSTACLES, MAKE POSITIVE CHOICES AND ACHIEVE GOALS THROUGH PROGRAMS IN SCHOOLS. | $22,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Msi-Us Washington, DC | $1,301,607 | $71,292,993 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Bhp Foundation Washington, DC | $309,092,778 | $68,102,954 |
Wyss Medical Foundation Inc Washington, DC | $41,278,790 | $827,503 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |