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.

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

BeavertonBendBerkeleyDanvilleEllensburgHood RiverHusumKansas CityLake OswegoLivermoreMilwaukieMt AngelOaklandPaducahPleasant HillPortlandRedmondSan FranciscoSan LeandroSandy

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$311K$621K$932K$1M20202021202220232024
Metric202420232022
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

$0$173K$345K$518K$690K16 grants202011 grants202124 grants202228 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

New Heights Church$150KSt Gregory of Nyssa Epis…$100KALS Association of Orego…$60KOvarian Cancer of OR SW WA$35KProvidence Portland Medi…$30KCalvary Chapel$30KSt John Fisher$25KMt View Fellowship Free …$25KVictory Academy$20KHabitat for Humanity Eas…$20K

Grant Size Distribution

105 grants across all recorded years

92<$50K6$50–100K7$100–250K$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
ALS Association of Oregon and SW Wa Portland, ORProvide support to people with ALS$60,000
Victory Academy Tualatin, ORProvide support to children with learning disabilities.$20,000
New Heights Church Vancouver, WAGeneral Support$150,000
OAASIS Portland, ORGeneral Support$15,000
Pacific School of Religion Berkeley, CAGeneral Support$15,000
St Gregory of Nyssa Episcopal Churc San Francisco, CAGeneral Support$100,000
St John Fisher Portland, ORGeneral Support$25,000
Greater Paducah Young Life Paducah, KYGeneral Support$10,000
Discovery Counseling Center Danville, CAGeneral Support$10,000
Good Shepherd Gracenter San Francisco, CAGeneral Support$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Carl H Cadonau JRTrustee0.02
Barbara DeemingTrustee0.12
Anita J Cadonau-HusebyTrustee0.02

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

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Related Funders

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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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