V&S Foundation Inc

Foundation · Grantmaker GAITHERSBURG, MD EIN: 80-0160777

V&S Foundation Inc is a private foundation based in Gaithersburg, Maryland. The organization was formed in 2008 and operates as a 501(c)(3) tax-exempt entity.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$119K

+14.6% YoY

Annual Giving

$24K

-90.2% YoY

Grant Count

-77.3% YoY

Avg Grant Size

$5K

-57.1% YoY

Under IRS private-foundation payout rules, V&S Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's grantmaking focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.

Grantmaking

V&S Foundation Inc does not accept unsolicited applications and operates on an invite-only basis.

Grant Range

$5,000

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Geographic Focus

Where this funder awards grants

The foundation funds projects across multiple states and cities, including:

States: Arkansas, California, Colorado, District of Columbia, Georgia, Maryland, Minnesota, Pennsylvania, Virginia
Cities: Alexandria, Annapolis, Atlanta, Washington, and others

Grant Distribution by State

Maryland $648K (38%)

District of Columbia $584K (35%)

Minnesota $330K (20%)

Indiana $25K (1%)

Pennsylvania $25K (1%)

California $21K (1%)

Colorado $15K (1%)

Georgia $15K (1%)

+4 more states

States

Arkansas California Colorado District of Columbia Georgia Indiana Kentucky Maryland Minnesota New York Pennsylvania Virginia

Cities

AlexandriaAnnapolisAtlantaAuroraBaltimoreBethesdaBloomingtonBowieCheltanhamClarksburgCold SpringCulver CityDistrict HeightsFrederickGaithersburgHerndonIndianapolisLancasterLanhamLaurel

Financial History

Multi-year comparison from IRS filings

Total assets: $103,510–$104,000
Total giving (2023): $244,841
Total expenses: $335,265
Net revenue: -$10,750 (reported financial loss)

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$118,659	$103,510	$465,279
Revenue	$72,721	$-10,750	$231,111
Expenses	$102,310	$335,265	$454,604
Qualifying Distributions	$86,402	$313,449	$433,983
Net Investment Income	—	—	$210,490
Distributable Amount	$5,228	$11,581	$33,426

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

118 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cal Ripken Sr Foundation Inc ($14,000), Washington Jesuit Academy ($7,379), Itineris Foundation ($1,500).

Recipient	Purpose	Amount
Cal Ripken Sr Foundation Inc Baltimore, MD	Support for underserved children	$14,000
Second Chance Wildlife Center Inc Gaithersburg, MD	Food for animals	$500
Washington Jesuit Academy Washington, DC	Education for boys in low-income communities	$7,379
Itineris Foundation Baltimore, MD	Services to those on the autism spectrum.	$1,500
Circles of Good Washington, DC	Advocacy support to homeless and underserved youth.	$500

Leadership & Key People

Leadership team and compensation from IRS filings

Amanda C Viragh – President (5 hours per week; compensation: $30,000)
Stephanie R Saturni – CEO (15 hours per week; compensation: $51,598)

The foundation has no employees on staff.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Amanda C Viragh	President	5	$42,500
Stephanie R Saturni	CEO	15	$31,500

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does V&S Foundation Inc fund?

The foundation's grantmaking focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.

How do I apply for a grant from V&S Foundation Inc?

V&S Foundation Inc does not accept unsolicited applications and operates on an invite-only basis. **Grant Activity:** • Total annual giving: $244,841 (2023) • Number of grants awarded: 20–22 grants annually • Median grant size: $5,000 • Grant range: $1,000–$72,000 • Typical awards: $300–$125,000 The foundation's giving rate exceeds 100% of its assets, indicating it distributes more than its annual asset growth.

Where does V&S Foundation Inc make grants?

The foundation funds projects across multiple states and cities, including: • **States:** Arkansas, California, Colorado, District of Columbia, Georgia, Maryland, Minnesota, Pennsylvania, Virginia • **Cities:** Alexandria, Annapolis, Atlanta, Washington, and others

What size grants does V&S Foundation Inc award?

In 2024, V&S Foundation Inc awarded 5 grants totaling $24K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is V&S Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, V&S Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.