The Versace Foundation
The Versace Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $10.0M in total assets. In 2025, it awarded 2 grants totaling $450K. Net investment income was $634K.
The Versace Foundation at a glance
In short: The Versace Foundation gave $450K across 2 grants in 2025 (avg $225K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $450,000
- +0.0% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $225,000
- +0.0% vs 2024
- Median grant
- $225,000
- Total assets
- $9,989,102
- +1.7% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Versace Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Clooney Foundation for Justice ($250K). Together the top 2 received $450K.
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 2 grants of 5 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How The Versace Foundation gives
- In 2025 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $20K (2023) to $450K (2025). In 2025 it made 2 grants totaling $450K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Clooney Foundation for Justice New York, NY | General Support | $250,000 |
| Elton John AIDS Foundation New York, NY | General Support | $200,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $9,989,102 | $689,758 | $540,160 | $450,000 | 2 | $479,491 | $634,089 | $526,054 |
| 2024 | $9,824,532 | $375,044 | $535,669 | $450,000 | 2 | $505,096 | $352,471 | $488,465 |
| 2023 | $9,974,461 | $10,000,000 | $25,539 | $20,000 | 1 | $25,291 | — | $144,349 |
Under IRS private-foundation payout rules, The Versace Foundation reported a distributable amount of $526K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Versace Foundation is led by Brian Henke, Director & President on every filing since 2022; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Brian Henke
Director & President
On filings since 2022
1 hr/week
No compensation reported
Krista McDonough
Director & Chair
Chair → Director & Chair, 2023
On filings since 2022
3 hrs/week
No compensation reported
Candida Goes
Director
On filings since 2022
3 hrs/week
No compensation reported
Alexandra Simmerson
Secretary
On filings since 2022
1 hr/week
No compensation reported
Tai Carr-Fraser
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (1)
- Former: David Provenzano (2022–2024) — Treasurer
Data from IRS Form 990 filings, 2022–2025. "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 The Versace Foundation
How much does The Versace Foundation give each year?
The Versace Foundation gave $450K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $450K across 2 grants.
How large is The Versace Foundation?
The Versace Foundation reported $10.0M in total assets on its 2025 IRS Form 990-PF. It paid out $479K in qualifying distributions that year, against a required minimum of $526K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Versace Foundation operate?
The Versace Foundation has awarded grants in New York.
What is The Versace Foundation's EIN?
The Versace Foundation's EIN (Employer Identification Number) is 88-1431511. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 21, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS January 27, 2026)
- IRS filings on file for fiscal years 2022–2025
Live grants for the work The Versace Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in The Versace Foundation's focus areas in our free grants database
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