Vandeventer Foundation
- Assets
- $7.3m
- Revenue
- $346.0k
- Investments
- $7.3m
- Employees
- 0
- Location
- Vero Beach, FL
- Founding
- 03/2019
- Data as of
- 05/2024
- EIN
- 83-1000591
Organization Overview
Vandeventer Foundation is located in Vero Beach, FL. The organization was established in 2019. 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. Vandeventer Foundation 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 05/2024, Vandeventer Foundation generated $346.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (32.8%) each year. All expenses for the organization totaled $582.9k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Vandeventer Foundation has awarded 224 individual grants totaling $1,886,015. 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 |
|---|---|---|---|
Thomas Vandeventer President | 5 | $0 | |
William Vandeventer Treasurer/secretary | 2.5 | $0 | |
Elizabeth Vandeventer Director | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $101,291 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $239,533 |
| Capital Gain Net Income | $239,533 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,175 |
| Total Revenue | $345,999 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,717 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48 |
| Total operating and administrative expenses | $15,897 |
| Contributions, gifts, grants paid | $567,000 |
| Total expenses and disbursements | $582,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,123 |
| Savings and temporary cash investments | $0 |
| 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 | $7,293,573 |
| 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, Vandeventer Foundation has awarded $567,000 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: ANNUAL FUND: UNRESTRICTED GRANT | $1,000 |
BONEFISH AND TARPON TRUST PURPOSE: ANNUAL FUND: UNRESTRICTED GRANT | $25,000 |
BOYS AND GIRLS CLUB OF INDIAN RIVER COUNT PURPOSE: ANNUAL FUND, UNRESTRICTED GRANT | $1,000 |
BUSHNELL CENTER FOR THE PERFORMING ARTS PURPOSE: SUPPORT FOR COLLABORATIVE VENTURES WITH THE HARTT SCHOOL | $10,000 |
CHRYSLER MUSEUM OF ART PURPOSE: SUPPORT FOR DIGITAL TOURS, CLASSROOM KITS, AND VIDEO STREAMING EQUIPMENT FOR THE VIRTUAL SCHOOL TOUR PROGRAM | $5,000 |
CLEAN ENERGY TRANSITION INSTITUTE PURPOSE: AN INDEPENDENT, NONPARTISAN NORTHWEST RESEARCH AND ANALYSIS NONPROFIT ORGANIZATION DEDICATED TO ACCELERATING THE CLEAN ENERGY TRANSITION IN THE PACIFIC NORTHWEST. | $10,000 |