The Vig Family Foundation
The Vig Family Foundation is a private foundation, 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.
The Vig Family Foundation at a glance
In short: The Vig Family Foundation gave $114K across 9 grants in 2024 (avg $13K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $113,500
- +74.6% vs 2023
- Grants made (2024)
- 9
- +125.0% vs 2023
- Average grant
- $12,611
- -22.4% vs 2023
- Median grant
- $5,000
- Total assets
- $3,318,013
- -1.1% vs 2023
- Primary geography
- Massachusetts (52% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Vig Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Endicott College ($25K). Together the top 9 received $114K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
Cities
How The Vig Family Foundation gives
- In 2024 it paid out 92% 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 2024, annual grant giving ranged from $65K (2023) to $114K (2024). In 2024 it made 9 grants totaling $114K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Endicott College Beverly, MA | General & Unrestricted | $25,000 |
| Massachusetts General Hospital Boston, MA | to support Cellular Immunotherapy - Hematology and Women's Health Initiatives - Eating Disorders Collaborative Clinic Fund | $25,000 |
| Town of Newport Newport, NH | Community Center | $25,000 |
| Conference Board Inc New York, NY | General & Unrestricted | $15,000 |
| Boys & Girls Club of Central New Hampshire Inc Concord, NH | General & Unrestricted | $5,000 |
| Disabled Sports USA Bend, OR | General & Unrestricted | $5,000 |
| Planned Parenthood Federation of America Inc Washington, DC | General Fund | $5,000 |
| Rosies Place Inc Boston, MA | General & Unrestricted | $5,000 |
| Gaining Ground Inc Concord, MA | General & Unrestricted | $3,500 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,318,013 | $95,022 | $131,696 | $113,500 | 9 | $129,738 | $94,426 | $141,124 |
| 2023 | $3,354,687 | $1,141,388 | $95,083 | $65,000 | 4 | $79,283 | $302,138 | $127,019 |
| 2022 | $2,308,382 | $-260,855 | $13,639 | — | — | $11,939 | $957,445 | $80,741 |
| 2021 | $2,582,876 | $2,582,876 | — | — | — | — | $1 | $6,052 |
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.
Leadership & Key People
Officers and directors from IRS filings
The Vig Family Foundation is led by Ravi Vig, Director, President & Treasurer on every filing since 2021; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ravi Vig
Director, President & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Joyce Ann Vig
Director & Secretary
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 Vig Family Foundation
How much does The Vig Family Foundation give each year?
The Vig Family Foundation gave $114K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $65K across 4 grants.
What is The Vig Family Foundation's typical grant size?
The Vig Family Foundation's median grant in 2024 was $5,000, and its average grant was $12,611, across 9 grants on its 2024 IRS Form 990-PF.
Where does The Vig Family Foundation give grants?
The Vig Family Foundation gives mostly in Massachusetts: 52% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New Hampshire (26%) and New York (13%). The most frequent recipient cities were Boston, MA (2 grants).
Does The Vig Family Foundation give general operating support?
Yes: 78% of The Vig Family Foundation's 2024 grants with a stated purpose (7 of 9) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Vig Family Foundation's largest grantees?
The Vig Family Foundation's largest 2024 grantees include Endicott College ($25,000), Massachusetts General Hospital ($25,000) and Town of Newport ($25,000), according to its 2024 IRS Form 990-PF. Together they received 66% of its itemized 2024 grant dollars.
How large is The Vig Family Foundation?
The Vig Family Foundation reported $3.3M in total assets on its 2024 IRS Form 990-PF. It paid out $130K in qualifying distributions that year, against a required minimum of $141K (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.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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