The Virtue Foundation
Virtue Foundation's mission is to increase awareness, inspire action, and render assistance through initiatives on healthcare, education, and women and justice programs, as well as innovative work in research and analytics.
The Virtue Foundation at a glance
- Total assets
- $5,605,866
- +33.5% vs 2023
- Revenue (2024)
- $895,142
- +11.6% vs 2023
- Net investment income (2024)
- $220,128
- -218.4% vs 2023
- Expenses (2024)
- $523,394
- +9.5% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who The Virtue Foundation funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How The Virtue Foundation gives
- Giving grew 52% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2023, annual grant giving ranged from $11K (2021) to $22K (2023). In 2023 it made 1 grant totaling $22K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hagar USA Inc Phoenix, AZ | — | $21,962 |
Ready to take the next step with The Virtue Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $5,605,866 | $895,142 | $523,394 | — | — | $220,128 |
| 2023 | $4,198,510 | $801,905 | $478,149 | $21,962 | 1 | $-185,970 |
| 2022 | $2,861,585 | $-344,609 | $568,926 | $12,000 | 1 | $-754,359 |
| 2021 | $5,191,328 | $2,108,321 | $499,677 | $11,229 | 1 | $1,718,723 |
| 2020 | $5,212,869 | $767,065 | $360,045 | $14,484 | 1 | $228,063 |
| 2019 | $3,197,983 | $523,244 | $493,235 | $14,300 | 1 | $134,838 |
About The Virtue Foundation
Based on IRS filings
The Virtue Foundation is a public charity focused on public and societal benefit, based in New York, NY. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $5.6M in total assets. Net investment income was $220K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Virtue Foundation is led by Joan Larovere MD, President since 2024 (on filings since 2019); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Joan Larovere MD
President
Secretary → Vice President, 2023
Vice President → President, 2024
On filings since 2019
No compensation reported
Joseph Salim DMD
Executive Di
On filings since 2019
No compensation reported
Shahpari Nazeri DDS
Treasurer & Secretary
Treasurer → Treasurer & Secretary, 2023
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "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 Virtue Foundation
How large is The Virtue Foundation?
The Virtue Foundation reported $5.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $895K.
What is The Virtue Foundation?
The Virtue Foundation is a public charity focused on public and societal benefit, based in New York, NY. It holds $5.6M in total assets as of 2024.
Where does The Virtue Foundation operate?
The Virtue Foundation has awarded grants in Arizona.
What is The Virtue Foundation's EIN?
The Virtue Foundation's EIN (Employer Identification Number) is 56-2289262. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS May 28, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS July 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS July 21, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 17, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 5, 2024)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Virtue Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in New York
S&R Wilson Family Foundation
Pleasant Grove, UT
Assets
—
Grants
4
Total Given
$5.2M
Slayton Foundation
Roswell, NM
The Slayton Foundation supports Christian organizations and related work in humanitarian aid, housing, pregnancy support, poverty relief, meals, and children’s care, with much of its 2024 giving going to Texas and New Mexico. Its 2024 grants ranged from $345 to $101,600, with a median of $7,000. It funds preselected organizations only and does not accept unsolicited requests.
Assets
$30.1M
Grants
129
Total Given
$1.5M
Sowhope Org
Rockford, MI
To inspire women around the world by promoting Wellness, (i.e. maternal and women's healthcare, fistula repair, prolapsed uterus repair, emotional care for abuse and rape, and female genital mutilation and trafficking prevention) Education, (i.e. literacy and vocational training) and Economic (i.e. micro enterprise and small business training) opportunities for impoverished women making less than $3.00 per day. In 2025, 4,466 women were empowered as SowHope funded 33 projects in 14 developing world countries.
Assets
$610K
Grants
4
Total Given
$102K
Imago DEI Fund
Boston, MA
The Imago Dei Fund supports community-driven work advancing human rights, gender equity, justice, and sustainability, with a focus on women and girls and on partners in Greater Boston, Haiti, East Africa, and Southeast Asia. In 2024, grants ranged from $20,000 to $769,206, with a median of about $79,000. It does not accept unsolicited requests and funds only preselected organizations.
Assets
$61.3M
Grants
126
Total Given
$15.1M
The Ford Foundation
New York, NY
The Ford Foundation funds organizations and initiatives working to reduce inequality and advance social justice, including work on civic engagement, civil rights, climate justice, disability rights, and technology and society. In 2024, its grants ranged from $45 to $15 million, with a median of $100,000, supporting work in the U.S. and internationally. It says most grants are identified by the foundation and it does not accept unsolicited proposals by mail, email, or phone; limited opportunities may be offered separately.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The New York Community Trust
New York, NY
The New York Community Trust funds nonprofit programs in areas such as arts, education, health, the environment, workforce development, and youth development, including projects that improve services, build organizational capacity, or advance policy and systems change. Its competitive grants mainly serve New York City, Long Island, and Westchester, with some national and international environmental funding; the 2024 median grant was $20,000. The profile does not state whether it accepts unsolicited requests.
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
More similar funders
More Funders in New York
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Virtue Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Virtue Foundation down — hundreds of funders to go?