Vigil Family Foundation Inc is located in Gilbert, AZ. 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. Vigil 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 12/2023, Vigil Family Foundation Inc generated $50.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 34.6% each year . All expenses for the organization totaled $13.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROMOTES HIGHER EDUCATIONS WITH AN EMPHASIS ON SUSTAINABLE AND RENEWABLE ENERGY AND ENCOURAGING COMMUNITY PRESERVATION AND PHILANTHROPY. 3 SCHOLARSHIPS WERE PROVIDED DURING 2023.
THE MANAGEMENT AND ADMINISTRATIVE COSTS INCURRED TO OPERATE THE FOUNDATION, DIRECTLY SUPPORT, AND ARE NECESSARY TO CARRY OUT THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julie Vigil Treasurer | 0 | $0 | |
Fernando Vigil President | 0 | $0 | |
Marco Vigil Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $50,000 |
Interest on Savings | $0 |
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 | $50,000 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,500 |
Total operating and administrative expenses | $1,500 |
Contributions, gifts, grants paid | $12,000 |
Total expenses and disbursements | $13,500 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $114,146 |
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 | $114,146 |
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 |
Over the last fiscal year, Vigil Family Foundation Inc has awarded $12,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
RHYEN ALANA VIGIL PURPOSE: SCHOLARSHIP - NEW MEXICO HIGHLANDS U | $4,000 |
GABRIEL LAW PURPOSE: SCHOLARSHIP - NEW MEXICO STATE | $2,000 |
RIVER SOURCE PURPOSE: GRANT - RIVER SOURCE | $6,000 |