RW Veit Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $991K in total assets. In 2024, it awarded 5 grants totaling $46K. Net investment income was $39K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$991K
-1.5% YoY
Annual Giving
$46K
+0.0% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$9K
+20.0% YoY
Under IRS private-foundation payout rules, RW Veit Family Foundation reported a distributable amount of $55K for 2024 — the minimum it must pay out in qualifying distributions.
About RW Veit Family Foundation
Based on IRS filings
RW Veit Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $991K in total assets. In 2024, it awarded 5 grants totaling $46K. Net investment income was $39K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $990,729 | $1,005,326 | $1,083,104 |
| Revenue | $45,292 | $-21,026 | $19,444 |
| Expenses | $59,889 | $56,752 | $58,373 |
| Qualifying Distributions | $53,525 | $54,553 | $57,115 |
| Net Investment Income | $39,428 | $38,077 | $38,568 |
| Distributable Amount | $54,607 | $53,016 | $54,308 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Coffee Trust ($25,000), Ballenisles Charties Foundation Inc ($6,000), Jck Foundation Inc ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BALLENISLES CHARTIES FOUNDATION INC PALM BCH GDNS, FL | General & Unrestricted | $6,000 |
| CHASIN A DREAM FOUNDATION INC HOBE SOUND, FL | General & Unrestricted | $3,000 |
| JCK FOUNDATION INC DOBBS FERRY, NY | General & Unrestricted | $6,000 |
| OUT MEMPHIS MEMPHIS, TN | General & Unrestricted | $6,000 |
| THE COFFEE TRUST SANTA FE, NM | General & Unrestricted | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Alexander Veit | VP | 1 | — |
| Christina Veit | VP | 1 | — |
| Nicole Veit | VP | 1 | — |
| Roland W Veit | Dir, Pres, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is RW Veit Family Foundation?
RW Veit Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $991K in total assets as of 2024.
How large is RW Veit Family Foundation?
As of 2024, RW Veit Family Foundation holds $991K in total assets with $45K in annual revenue. It awarded 5 grants totaling $46K in 2024.
Where does RW Veit Family Foundation operate?
RW Veit Family Foundation has awarded grants in Florida, Massachusetts, New Mexico, New York, Tennessee, Vermont.
What size grants does RW Veit Family Foundation award?
In 2024, RW Veit Family Foundation awarded 5 grants totaling $46K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is RW Veit Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, RW Veit Family Foundation reported a distributable amount of $55K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is RW Veit Family Foundation's EIN?
RW Veit Family Foundation's EIN (Employer Identification Number) is 81-4185248. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in RW Veit Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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