Value Mortgage Foundation is a private foundation focused on Education, based in CHELMSFORD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 9 grants totaling $95K. Net investment income was $133K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.5M
+29.8% YoY
Annual Giving
$95K
+118.5% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$11K
+118.5% YoY
About Value Mortgage Foundation
Based on IRS filings
Value Mortgage Foundation is a private foundation focused on Education, based in CHELMSFORD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 9 grants totaling $95K. Net investment income was $133K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,518,965 | $3,480,915 | $2,908,850 |
| Revenue | — | $231,400 | — |
| Expenses | $96,931 | $44,366 | $70,823 |
| Qualifying Distributions | $190,620 | $87,242 | $133,360 |
| Net Investment Income | $133,221 | $110,739 | $48,058 |
| Distributable Amount | $220,707 | $169,896 | $142,593 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
34 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 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Narendra Kapadia | President | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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