The Vig Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 9 grants totaling $114K. Net investment income was $94K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
-1.1% YoY
Annual Giving
$114K
+74.6% YoY
Grant Count
9
+125.0% YoY
Avg Grant Size
$13K
-22.4% YoY
Under IRS private-foundation payout rules, The Vig Family Foundation reported a distributable amount of $141K for 2024 — the minimum it must pay out in qualifying distributions.
About The Vig Family Foundation
Based on IRS filings
The Vig Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 9 grants totaling $114K. Net investment income was $94K.
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 | $3,318,013 | $3,354,687 | $2,308,382 |
| Revenue | $95,022 | $1,141,388 | $-260,855 |
| Expenses | $131,696 | $95,083 | $13,639 |
| Qualifying Distributions | $129,738 | $79,283 | $11,939 |
| Net Investment Income | $94,426 | $302,138 | $957,445 |
| Distributable Amount | $141,124 | $127,019 | $80,741 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Endicott College ($25,000), Massachusetts General Hospital ($25,000), Town of Newport ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS & GIRLS CLUB OF CENTRAL NEW HAMPSHIRE INC CONCORD, NH | General & Unrestricted | $5,000 |
| CONFERENCE BOARD INC NEW YORK, NY | General & Unrestricted | $15,000 |
| DISABLED SPORTS USA BEND, OR | General & Unrestricted | $5,000 |
| ENDICOTT COLLEGE BEVERLY, MA | General & Unrestricted | $25,000 |
| GAINING GROUND INC CONCORD, MA | General & Unrestricted | $3,500 |
| MASSACHUSETTS GENERAL HOSPITAL BOSTON, MA | to support Cellular Immunotherapy - Hematology and Women's Health Initiatives - Eating Disorders Collaborative Clinic Fund | $25,000 |
| PLANNED PARENTHOOD FEDERATION OF AMERICA INC WASHINGTON, DC | General Fund | $5,000 |
| ROSIES PLACE INC BOSTON, MA | General & Unrestricted | $5,000 |
| TOWN OF NEWPORT NEWPORT, NH | Community Center | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Joyce Ann Vig | Dir, Sec | 1 | — |
| Ravi Vig | Dir, Pres, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Vig Family Foundation?
The Vig Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $3.3M in total assets as of 2024.
How large is The Vig Family Foundation?
As of 2024, The Vig Family Foundation holds $3.3M in total assets with $95K in annual revenue. It awarded 9 grants totaling $114K in 2024.
Where does The Vig Family Foundation operate?
The Vig Family Foundation has awarded grants in District of Columbia, Massachusetts, New Hampshire, New York, Oregon.
What size grants does The Vig Family Foundation award?
In 2024, The Vig Family Foundation awarded 9 grants totaling $114K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is The Vig Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Vig Family Foundation reported a distributable amount of $141K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Vig Family Foundation's EIN?
The Vig Family Foundation's EIN (Employer Identification Number) is 87-3773445. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Vig 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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