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
Among its reported 2023 grants, the largest include Hospital for Special Surgery-kaitlin Carroll ($73,900), Miscellaneous Grants Under 5000 ($18,600).
| Recipient | Purpose | Amount |
|---|---|---|
| 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 |
| 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 |
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
Frequently Asked Questions
What is Vad Foundation?
Vad Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $289K in total assets as of 2023.
How large is Vad Foundation?
As of 2023, Vad Foundation holds $289K in total assets with $134K in annual revenue. It awarded 2 grants totaling $93K in 2023.
Where does Vad Foundation operate?
Vad Foundation has awarded grants in New Jersey, New York.
What size grants does Vad Foundation award?
In 2023, Vad Foundation awarded 2 grants totaling $93K — an average of about $46K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Vad Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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