The Virtue Foundation logo

The Virtue Foundation

Public charity · Grantmaker New York, NY EIN: 56-2289262 Website

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

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Phoenix

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

$0$10K$20K$30K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 0 grants2024

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

RecipientPurposeAmount
Hagar USA Inc Phoenix, AZ—$21,962
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$5,605,866$895,142$523,394——$220,128
2023$4,198,510$801,905$478,149$21,9621$-185,970
2022$2,861,585$-344,609$568,926$12,0001$-754,359
2021$5,191,328$2,108,321$499,677$11,2291$1,718,723
2020$5,212,869$767,065$360,045$14,4841$228,063
2019$3,197,983$523,244$493,235$14,3001$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.

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

  1. Added Form 990 for fiscal year 2019 (received by the IRS May 28, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS July 12, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS July 21, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS July 17, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS August 5, 2024)
  6. IRS filings on file for fiscal years 2020–2024

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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.

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