Friends of Vail Inc
The foundation is organized and operated exclusively to receive contributions and to make grants to qualified organizations.
Friends of Vail Inc at a glance
In short: Friends of Vail Inc gave $137K across 6 grants in 2025 (avg $23K), mostly in Texas. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $137,115
- +15.7% vs 2024
- Grants made (2025)
- 6
- +100.0% vs 2024
- Average grant
- $22,853
- -42.1% vs 2024
- Median grant
- $14,625
- Total assets
- $425,967
- +4.5% vs 2024
- Primary geography
- Texas (93% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Friends of Vail Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Book Bus Inc (The Book Bus) ($65K). Together the top 6 received $137K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 14 grants of 15 (93%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How Friends of Vail Inc gives
- Giving grew 318% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $10K (2021) to $137K (2025). In 2025 it made 6 grants totaling $137K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Book Bus Inc (The Book Bus) Decatur, TX | Libraries/Literacy | $65,000 |
| Texas A&M Foundation College Station, TX | Educational | $23,000 |
| Aubrey Independent School District (ISD) Aubrey, TX | Libraries - to Improve Education, Literacy and Learning. | $17,750 |
| Pilot Point Education Foundation Pilot Point, TX | Educational | $11,500 |
| Pilot Point Community Arts Inc Pilot Point, TX | Music, visual art, and performing arts for children and adults | $10,750 |
| CASA of Denton County (Court Appointed Advocates for Children) Atlanta, GA | Civil rights, social action and advoacacy. Children and youth services. | $9,115 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $425,967 | $236,281 | $212,245 | $137,115 | 6 | $21,866 |
| 2024 | $407,556 | $99,555 | $165,410 | $118,500 | 3 | $13,301 |
| 2023 | $467,786 | $201,607 | $64,015 | $37,120 | 3 | $3,327 |
| 2022 | $330,194 | $190,700 | $117,874 | $32,815 | 2 | $8,478 |
| 2021 | $265,795 | $56,400 | $42,375 | $10,250 | 1 | $20,947 |
| 2020 | $243,974 | $49,158 | $44,224 | $13,725 | 1 | $-311 |
About Friends of Vail Inc
Based on IRS filings
Friends of Vail Inc is a public charity focused on Education, based in Pilot Point, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $426K in total assets. In 2025, it awarded 6 grants totaling $137K. Net investment income was $22K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Friends of Vail Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Chad Chance
Pesident & Director
On filings since 2020
1 hr/week
No compensation reported
Lee Ramsey
Director
On filings since 2020
No compensation reported
Susan Chance
Secretary, Treasurer & Director
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Friends of Vail Inc
How much does Friends of Vail Inc give each year?
Friends of Vail Inc gave $137K across 6 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $119K across 3 grants.
What is Friends of Vail Inc's typical grant size?
Friends of Vail Inc's median grant in 2025 was $14,625, and its average grant was $22,853, across 6 grants on its 2025 IRS Form 990.
Where does Friends of Vail Inc give grants?
Friends of Vail Inc gives mostly in Texas: 93% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Georgia (7%). The most frequent recipient cities were Pilot Point, TX (2 grants).
Does Friends of Vail Inc give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on Friends of Vail Inc's 2025 IRS Form 990 were described as general or operating support.
Who are Friends of Vail Inc's largest grantees?
Friends of Vail Inc's largest 2025 grantees include Book Bus Inc (The Book Bus) ($65,000), Texas A&M Foundation ($23,000) and Aubrey Independent School District (ISD) ($17,750), according to its 2025 IRS Form 990. Together they received 77% of its itemized 2025 grant dollars.
How large is Friends of Vail Inc?
Friends of Vail Inc reported $426K in total assets on its 2025 IRS Form 990. Its revenue that year was $236K.
What is Friends of Vail Inc?
Friends of Vail Inc is a public charity focused on Education, based in Pilot Point, TX. It holds $426K in total assets as of 2025.
What is Friends of Vail Inc's EIN?
Friends of Vail Inc's EIN (Employer Identification Number) is 81-4001960. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 3, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 29, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 7, 2026)
Live grants for the work Friends of Vail Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Friends of Vail Inc's focus areas in our free grants database
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Figures come from Friends of Vail Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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