VBS Foundation Inc
VBS Foundation Inc is a private foundation based in Belmont, Massachusetts. Its 2024 filing reports grants to charitable organizations, with all reported grant dollars going to recipients in Massachusetts.
VBS Foundation Inc at a glance
In short: VBS Foundation Inc gave $537K across 31 grants in 2024 (avg $17K), mostly in Massachusetts. 13% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $537,366
- -3.7% vs 2023
- Grants made (2024)
- 31
- +0.0% vs 2023
- Average grant
- $17,334
- -3.7% vs 2023
- Median grant
- $15,000
- Total assets
- $12,035,378
- +20.3% vs 2023
- New grantees (estimate)
- 13% first-time grantees (4 of 31, 2024)
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to VBS Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 126, Belmont, MA 02478
Phone: (857) 212-6094
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who VBS Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Center for Humane Technology ($70K). Together the top 10 received $332K.
Grant Size Distribution
163 grants across all recorded years
The most common grant size was under $50K: 155 grants of 163 (95%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2024 went to recipients in Massachusetts.
Grant Distribution by State
Share of 2024 grant dollars across all 31 itemized grants.
States
Cities
Is VBS Foundation Inc open to new grantees?
13%
first-time grantees, 2024
In 2024, 4 of 31 grantees (13%) were first-time recipients. First grants averaged $14K; repeat grants $18K. How we count
Medians: $13K first-time, $15K repeat.
- 87% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−2%). Method
- In 2024 it paid out 110% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $430K (2022) to $563K (2020). In 2024 it made 31 grants totaling $537K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Center for Humane Technology Belmont, MA | General Support | $70,000 |
| Facing History and Ourselves Belmont, MA | General Support | $40,000 |
| Kripalu Center for Yoga and Health Belmont, MA | General Support | $40,000 |
| Doctors Without Borders Belmont, MA | General Support | $32,000 |
| Institute for Justice Belmont, MA | General Support | $30,000 |
| Tanzanian Childrens Fund Belmont, MA | General Support | $30,000 |
| Mind Body Solutions Belmont, MA | General Support | $25,000 |
| Oceana Belmont, MA | General Support | $25,000 |
| GBH Belmont, MA | General Support | $20,366 |
| Planned Parenthood Belmont, MA | General Support | $20,000 |
Ready to take the next step with VBS Foundation Inc?
Financial History
Multi-year comparison from IRS filings
Filing type: Form 990-PF (a private foundation).
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $12,035,378 | $2,739,744 | $704,801 | $537,366 | 31 | $539,941 | $2,584,494 | $490,122 |
| 2023 | $10,000,435 | $800,733 | $699,427 | $558,000 | 31 | $579,011 | $680,317 | $507,957 |
| 2022 | $9,899,129 | $1,284,214 | $581,869 | $430,000 | 29 | $434,291 | $1,136,636 | $517,790 |
| 2021 | $9,196,784 | $1,112,872 | $586,377 | $547,500 | 35 | $548,555 | $1,075,050 | $563,246 |
| 2020 | $8,670,289 | $-68,376 | $629,042 | $562,500 | 37 | — | $43,299 | $532,642 |
Under IRS private-foundation payout rules, VBS Foundation Inc reported a distributable amount of $490K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The available information does not state the foundation’s own mission. Its grants supported organizations with varied missions. For example, Musica Franklin Inc says its mission is “to prepare students for a brighter future through music,” and The Concord Players Inc says it produces and performs theatre for people in Concord and surrounding communities while encouraging participation in performing and technical theatre.
Grantmaking
In filing year 2024, the foundation reported 31 grants totaling $537,366. Grants ranged from $5,000 to $70,000, with a median of $15,000. The largest reported grants included $70,000 to Center for Humane Technology; $40,000 each to Facing History and Ourselves and Kripalu Center for Yoga and Health; $32,000 to Doctors Without Borders; and $30,000 each to Institute for Justice and Tanzanian Childrens Fund. These grants were listed as general support. Musica Franklin Inc received $15,000, and The Concord Players Inc received $5,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Marcella Fisher and Alexander Schwartz as directors.
VBS Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Alexander Schwartz
Director
On filings since 2020
No compensation reported
Marcella Fisher
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 VBS Foundation Inc
How much does VBS Foundation Inc give each year?
VBS Foundation Inc gave $537K across 31 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $558K across 31 grants.
What is VBS Foundation Inc's typical grant size?
VBS Foundation Inc's median grant in 2024 was $15,000, and its average grant was $17,334, across 31 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from VBS Foundation Inc that year got $14K on average.
Where does VBS Foundation Inc give grants?
VBS Foundation Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Belmont, MA (31 grants).
Does VBS Foundation Inc give general operating support?
Yes: 100% of VBS Foundation Inc's 2024 grants with a stated purpose (31 of 31) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are VBS Foundation Inc's largest grantees?
VBS Foundation Inc's largest 2024 grantees include Center for Humane Technology ($70,000), Facing History and Ourselves ($40,000) and Kripalu Center for Yoga and Health ($40,000), according to its 2024 IRS Form 990-PF. Together they received 28% of its itemized 2024 grant dollars.
How large is VBS Foundation Inc?
VBS Foundation Inc reported $12.0M in total assets on its 2024 IRS Form 990-PF. It paid out $540K in qualifying distributions that year, against a required minimum of $490K (roughly 5% of its investment assets).
What does VBS Foundation Inc fund?
The available information does not state the foundation’s own mission. Its grants supported organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from VBS Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is VBS Foundation Inc's EIN?
VBS Foundation Inc's EIN (Employer Identification Number) is 13-4117395. IRS Form 990 filing data is available on this page for 2020–2024.
Does VBS Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). VBS Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/vbs-foundation-inc-morg_c097d718f4e54291b352ef82f2de8102
BibTeX
@misc{grantable_134117395_2026,
author = {{Grantable}},
title = {{VBS Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/vbs-foundation-inc-morg_c097d718f4e54291b352ef82f2de8102},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from VBS Foundation Inc'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.
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