Vegari Foundation Inc
Vegari Foundation Inc is a private foundation focused on Health, based in Gladwyne, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $687K in total assets. In 2024, it awarded 36 grants totaling $39K. Net investment income was $49K.
Key facts about Vegari Foundation Inc
- EIN
- 22-3082557
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $39,262
- Grants made (2024)
- 36
- Average grant
- $1,091
- Median grant
- $775
- New grantees (estimate)
- 22% first-time grantees (8 of 36, 2024)
- Total assets
- $687,372
- Primary geography
- Pennsylvania (39% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Vegari Foundation Inc funds
By grant dollars, the top recipient states for Vegari Foundation Inc's 36 itemized 2024 grants were Pennsylvania (39%), District of Columbia (22%) and New York (17%). The most frequent recipient cities were Philadelphia, PA (10 grants), New York, NY (5 grants), Washington, DC (4 grants) and Gladwyne, PA (3 grants). 100% of grants with a stated purpose were for general or operating support.
Is Vegari Foundation Inc open to new grantees?
22%
first-time grantees, 2024
In 2024, 8 of 36 grantees (22%) were first-time recipients. First grants averaged $710; repeat grants $1K. How we count
Medians: $443 first-time, $900 repeat.
- 75% of 2024 grantees were also funded in 2023. Method
- Giving grew 846% from 2021 to 2024. Method
- In 2024 it paid out 100% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Vegari Foundation Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$687K
+1.0% YoY
Annual Giving
$39K
+3.1% YoY
Grant Count
36
+9.1% YoY
Avg Grant Size
$1K
-5.5% YoY
Under IRS private-foundation payout rules, Vegari Foundation Inc reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.
About Vegari Foundation Inc
Based on IRS filings
Vegari Foundation Inc is a private foundation focused on Health, based in Gladwyne, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $687K in total assets. In 2024, it awarded 36 grants totaling $39K. Net investment income was $49K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 36 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $687,372 | $680,841 | $707,129 |
| Revenue | $55,776 | $18,693 | $3,331 |
| Expenses | $49,245 | $44,475 | $26,967 |
| Qualifying Distributions | $40,714 | $38,137 | $20,423 |
| Net Investment Income | $49,109 | $13,034 | $6,817 |
| Distributable Amount | $40,599 | $38,490 | $38,940 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
113 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include World Central Kitchen ($5,000), American Red Cross ($2,500), Earth Right Internacitonal ($2,305).
| Recipient | Purpose | Amount |
|---|---|---|
| WORLD CENTRAL KITCHEN Washington, DC | TO FUND THE RECIPIENT'S OPERATING BUDGET | $5,000 |
| AMERICAN RED CROSS Philadelphia, PA | TO FUND THE RECIPIENT'S OPERATING BUDGET | $2,500 |
| EARTH RIGHT INTERNACITONAL Albert Lea, MN | TO FUND THE RECIPIENT'S OPERATING BUDGET | $2,305 |
| UNICEF New York, NY | TO FUND THE RECIPIENT'S OPERATING BUDGET | $2,300 |
| DOCTORS WITHOUT BORDERS New York, NY | TO FUND THE RECIPIENT'S OPERATING BUDGET | $2,250 |
| PHILLY HOUSE Philadelphia, PA | TO FUND THE RECIPIENT'S OPERATING BUDGET | $2,227 |
| PLANNED PARENTHOOD Philadelphia, PA | TO FUND THE RECIPIENT'S OPERATING BUDGET | $2,050 |
| PROJECT HOPE Washington, DC | TO FUND THE RECIPIENT'S OPERATING BUDGET | $2,004 |
| PHILABUNDANCE Philadelphia, PA | TO FUND THE RECIPIENT'S OPERATING BUDGET | $1,600 |
| BRAIN & BEHAVIOR RESEARCH FOUNDATION New York, NY | TO FUND THE RECIPIENT'S OPERATING BUDGET | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Matt Vegari | President | 1 | — |
| Sheila Vegari | VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Vegari Foundation Inc?
Vegari Foundation Inc is a private foundation focused on Health, based in Gladwyne, PA. It holds $687K in total assets as of 2024.
How large is Vegari Foundation Inc?
As of 2024, Vegari Foundation Inc holds $687K in total assets with $56K in annual revenue. It awarded 36 grants totaling $39K in 2024.
Where does Vegari Foundation Inc operate?
Vegari Foundation Inc has awarded grants in Arizona, Connecticut, District of Columbia, Delaware, Florida, Hawaii, Massachusetts, Maryland, Minnesota, New Hampshire, New Jersey, New York, Pennsylvania, Virginia.
What size grants does Vegari Foundation Inc award?
In 2024, Vegari Foundation Inc awarded 36 grants totaling $39K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Vegari Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Vegari Foundation Inc reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Vegari Foundation Inc's EIN?
Vegari Foundation Inc's EIN (Employer Identification Number) is 22-3082557. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.