TO PROVIDE FINANCIAL ASSISTANCE TO PERSONS IN THE FIELD OF MEDICAL RESEARCH AND PERSONS PURSUING EDUCATIONAL ADVANCEMENT IN THE FIELD OF MEDICINE.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$289K
+16.1% YoY
Annual Giving
$93K
+374.8% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$46K
+374.8% YoY
About Vad Foundation
Based on IRS filings
Vad Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, 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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $288,536 | $248,434 | $46,687 |
| Revenue | $134,451 | $224,308 | $7,550 |
| Expenses | $94,349 | $22,561 | $28,856 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $26,659 | $500 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VIJAY VAD | OFFICER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Assets
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Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
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Grants
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Total Given
$3K
Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
Grants
1
Total Given
$500
Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
58
Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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