VAD Foundation
To provide financial assistance to persons in the field of medical research and persons pursuing educational advancement in the field of medicine.
VAD Foundation at a glance
In short: VAD Foundation gave $93K across 2 grants in 2023 (avg $46K), mostly in New York. Source: 2023 IRS Form 990.
- Annual giving (2023)
- $92,500
- +374.8% vs 2022
- Grants made (2023)
- 2
- +0.0% vs 2022
- Average grant
- $46,250
- +374.8% vs 2022
- Median grant
- $46,250
- Total assets
- $288,536
- +16.1% vs 2022
- Primary geography
- New York (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990, 2023 View filing
Data from IRS Form 990, 2023; updated September 2026.
Who VAD Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
The largest 2023 recipient was Hospital for Special Surgery-Kaitlin Carroll ($74K). Together the top 2 received $93K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 8 grants of 9 (89%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 2 itemized grants.
States
Cities
How VAD Foundation gives
- Giving grew 400% 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 2020 to 2023, annual grant giving ranged from $19K (2020) to $93K (2023). In 2023 it made 2 grants totaling $93K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hospital for Special Surgery-Kaitlin Carroll New York, NY | To provide financial assistance to the people of myanmar to develop future leaders by providing educational opportunities. | $73,900 |
| Miscellaneous Grants Under 5000 New York, NY | To provide financial assistance to the people of myanmar to develop future leaders by providing educational opportunities. | $18,600 |
Ready to take the next step with VAD Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2023 | $288,536 | $134,451 | $94,349 | $92,500 | 2 | $26,659 |
| 2022 | $248,434 | $224,308 | $22,561 | $19,481 | 2 | $500 |
| 2021 | $46,687 | $7,550 | $28,856 | $27,856 | 2 | — |
| 2020 | $67,993 | $80,400 | $18,530 | $18,500 | 3 | — |
About VAD Foundation
Based on IRS filings
VAD Foundation is a public charity, based in New York, NY. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $289K in total assets. In 2023, it awarded 2 grants totaling $93K. Net investment income was $27K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
VAD Foundation's only listed officer is Vijay Vad, Officer on every filing since 2020 (uncompensated).
Officers on the 2023 filing
Vijay Vad
Officer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "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 VAD Foundation
How much does VAD Foundation give each year?
VAD Foundation gave $93K across 2 grants in 2023, according to its 2023 IRS Form 990. In 2022 it gave $19K across 2 grants.
How large is VAD Foundation?
VAD Foundation reported $289K in total assets on its 2023 IRS Form 990. Its revenue that year was $134K.
Where does VAD Foundation operate?
VAD Foundation has awarded grants in New Jersey, New York.
What is VAD Foundation's EIN?
VAD Foundation's EIN (Employer Identification Number) is 61-1540895. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 18, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 8, 2024)
- IRS filings on file for fiscal years 2020–2023
Live grants for the work VAD 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 VAD Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Pediatric Orthopaedic Society of North America
Oakbrook Terrace, IL
The Pediatric Orthopaedic Society of North America funds pediatric orthopaedic research and education, as well as initiatives in quality, safety, advocacy, and global outreach; award sizes vary, with examples ranging from microgrants of up to $2,500 to research training grants of up to $10,000, and past grants of $30,000. Its profile does not state a geographic restriction or whether it accepts unsolicited requests.
Assets
$18.6M
Grants
0
Total Given
$366K
New York Mets Foundation Inc
Flushing, NY
The New York Mets Foundation funded educational, social, and athletic programs and other charitable causes, including community organizations and services for children and people in need. Its only reported 2023 grant was $1,630,704 to the Amazin’ Mets Foundation in New York; its 2022 filing says its remaining assets were transferred there, suggesting it has wound down. The profile does not state whether it accepts unsolicited requests.
Assets
—
Grants
1
Total Given
$1.6M
The Michael Wolk Heart Foundation Inc
New York, NY
The foundations goal is to improve patient care by encouraging physicians to enter the clinicial investagative careers and thereby maintain the pace of significant gains in cardiovascular medical research
Assets
$2.3M
Grants
2
Total Given
$947K
Lupus Foundation of America Inc
Washington, DC
Lupus Foundation of America, inc. (the foundation) is dedicated to improving the quality of life for all people affected by lupus through programs of research, education, support, and advocacy.
Assets
$11.4M
Grants
5
Total Given
$380K
National Scleroderma Foundation Inc
Danvers, MA
The National Scleroderma Foundation's mission is to advance medical research, promote disease awareness, and provide support and education to people with scleroderma, their families and support networks.
Assets
$11.3M
Grants
6
Total Given
$1.2M
Health Insurance Plan of Greater New York
New York, NY
Hipgny's mission is to create healthier futures for its customers and communities. Hipgny works alongside its customers to offer access to high-quality, affordable care, help navigate the health care experience, and make good health achievable.
Assets
$2.3B
Grants
7
Total Given
$116K
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 VAD 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.
VAD Foundation down — hundreds of funders to go?