VC Fund is a tax-exempt nonprofit organization based in Portland, Oregon. The organization has maintained its tax-exempt status since November 1993 (EIN: 94-3189006).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$747K
-46.2% YoY
Annual Giving
$690K
+9.5% YoY
Grant Count
26
-7.1% YoY
Avg Grant Size
$27K
+17.9% YoY
Under IRS private-foundation payout rules, VC Fund reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
VC Fund reported total giving of $690,000, placing it among the top foundations by total giving in Portland, Oregon.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $746,928 | $1,388,440 | $1,934,825 |
| Revenue | $63,323 | $72,385 | $1,129,672 |
| Expenses | $702,473 | $658,430 | $404,755 |
| Qualifying Distributions | $693,259 | $634,279 | $367,743 |
| Net Investment Income | $57,111 | $61,381 | $1,095,482 |
| Distributable Amount | $48,776 | $70,683 | $32,139 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
105 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New Heights Church ($150,000), St Gregory of Nyssa Episcopal Churc ($100,000), ALS Association of Oregon and SW Wa ($60,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALS Association of Oregon and SW Wa Portland, OR | Provide support to people with ALS | $60,000 |
| Victory Academy Tualatin, OR | Provide support to children with learning disabilities. | $20,000 |
| New Heights Church Vancouver, WA | General Support | $150,000 |
| OAASIS Portland, OR | General Support | $15,000 |
| Pacific School of Religion Berkeley, CA | General Support | $15,000 |
| St Gregory of Nyssa Episcopal Churc San Francisco, CA | General Support | $100,000 |
| St John Fisher Portland, OR | General Support | $25,000 |
| Greater Paducah Young Life Paducah, KY | General Support | $10,000 |
| Discovery Counseling Center Danville, CA | General Support | $10,000 |
| Good Shepherd Gracenter San Francisco, CA | General Support | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Carl H Cadonau JR | Trustee | 0.02 | — |
| Barbara Deeming | Trustee | 0.12 | — |
| Anita J Cadonau-Huseby | Trustee | 0.02 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What size grants does VC Fund award?
In 2024, VC Fund awarded 26 grants totaling $690K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is VC Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, VC Fund reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is VC Fund's EIN?
VC Fund's EIN (Employer Identification Number) is 94-3189006. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in VC Fund's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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