The Vegso Family Foundation Inc
The Vegso Family Foundation is a private foundation based in Boca Raton, Florida. Established in 1997, the foundation was founded by Anne and Peter Vegso. The foundation operates as a 501(c)(3) organization and focuses on supporting tax-exempt purposes through grantmaking to nonprofit organizations in the South Florida region.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.8M
-1.9% YoY
Annual Giving
$315K
+4.9% YoY
Grant Count
17
-34.6% YoY
Avg Grant Size
$19K
+60.5% YoY
Under IRS private-foundation payout rules, The Vegso Family Foundation Inc reported a distributable amount of $307K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports the tax-exempt purposes of nonprofit organizations across diverse sectors. Recent grantmaking demonstrates support for:
- Domestic violence prevention and victim services
- Arts and culture (ballet and performing arts)
- Equine-assisted therapies
- Community development and collective giving initiatives
Grantmaking
The foundation made 24 grants in 2024. Recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in South Florida, with a particular emphasis on the Boca Raton and Palm Beach County area.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of November 2024:
- Total Assets: $4,784,540
- Total Revenues: $250,977
- Total Expenses: $341,983
- Number of Employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,784,540 | $4,876,793 | $5,241,741 |
| Revenue | $250,977 | $-41,309 | $193,779 |
| Expenses | $341,983 | $323,025 | $340,424 |
| Qualifying Distributions | $315,070 | $300,210 | $296,330 |
| Net Investment Income | $226,408 | $156,916 | $149,685 |
| Distributable Amount | $307,189 | $283,030 | $305,353 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
120 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Aid to Victims of Domestic Abuse Inc ($86,980), Equine-assisted Therapies of South Fl ($60,250), Boca Ballet Theatre ($42,240).
| Recipient | Purpose | Amount |
|---|---|---|
| AID TO VICTIMS OF DOMESTIC ABUSE INC DELRAY BEACH, FL | TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION. | $86,980 |
| AUTISM AFTER 21 INC BOCA RATON, FL | TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION. | $17,500 |
| BOCA BALLET THEATRE BOCA RATON, FL | TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION. | $42,240 |
| BOCA RATON HISTORICAL SOCIETY MUSEUM BOCA RATON, FL | TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,000 |
| CHILD RESCUE COALITION INC BOCA RATON, FL | TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION. | $4,000 |
| CHILDREN'S AID CLUB FORT LAUDERDALE, FL | TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION. | $500 |
| EQUINE-ASSISTED THERAPIES OF SOUTH FL BOCA RATON, FL | TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION. | $60,250 |
| FAMILY PROMISE OF COBB COUNTY MARIETTA, GA | CHARITABLE | $5,000 |
| FESTIVAL OF THE ARTS BOCA BOCA RATON, FL | CHARITABLE | $10,000 |
| FLITE CENTER FORT LAUDERDALE, FL | CHARITABLE | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Founders: Anne and Peter Vegso
Peter Vegso is a co-founder of The U.S. Journal, Inc., The U.S. Journal Training, Inc., and Health Communications, Inc., which published the "Chicken Soup for the Soul" series of books from 1993-2008.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANNE VEGSO | PRES, SECY | 1 | — |
| PETER VEGSO | VP, TREAS | 1 | — |
| MELINDA VEGSO | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The Vegso family was honored in February 2024 at a celebration of the 20th Anniversary of the Vegso Community Resource Center (VCRC), located at the Countess DeHoernle Building in Boca Raton. The VCRC serves as headquarters for the Junior League of Boca Raton and functions as a resource center for community nonprofits, housing a grant resource library and hosting nonprofit training sessions. The building has been maintained through contributions from the Junior League of Boca Raton Endowment over the past two decades.
The Junior League of Boca Raton to Celebrate Vegso Community Resource Center\u2019\Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Vegso Family Foundation Inc fund?
The foundation supports the tax-exempt purposes of nonprofit organizations across diverse sectors. Recent grantmaking demonstrates support for: • Domestic violence prevention and victim services • Arts and culture (ballet and performing arts) • Equine-assisted therapies • Community development and collective giving initiatives
How do I apply for a grant from The Vegso Family Foundation Inc?
**Grant Activity (2024)** The foundation made 24 grants in 2024. Recent grants include: | Grantee | Amount | Year | |---------|--------|------| | Aid To Victims of Domestic Abuse (AVDA) | $86,980 | 2024 | | Boca Ballet Theatre Company | $42,240 | 2024 | | Impact 100 Palm Beach County | $21,100 | 2024 | The foundation's total giving in recent years has been approximately $300,000 annually.
Where does The Vegso Family Foundation Inc make grants?
The foundation primarily funds organizations in South Florida, with a particular emphasis on the Boca Raton and Palm Beach County area.
What size grants does The Vegso Family Foundation Inc award?
In 2024, The Vegso Family Foundation Inc awarded 17 grants totaling $315K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is The Vegso Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Vegso Family Foundation Inc reported a distributable amount of $307K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Vegso Family Foundation Inc's EIN?
The Vegso Family Foundation Inc's EIN (Employer Identification Number) is 65-0801555. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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