Veillette-nifosi Foundation Inc
Veillette-nifosi Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EAST CHATHAM, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $736K in total assets. In 2024, it awarded 12 grants totaling $68K. Net investment income was $76K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$736K
+3.5% YoY
Annual Giving
$68K
+36.9% YoY
Grant Count
12
+50.0% YoY
Avg Grant Size
$6K
-8.7% YoY
Under IRS private-foundation payout rules, Veillette-nifosi Foundation Inc reported a distributable amount of $73K for 2024 — the minimum it must pay out in qualifying distributions.
About Veillette-nifosi Foundation Inc
Based on IRS filings
Veillette-nifosi Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EAST CHATHAM, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $736K in total assets. In 2024, it awarded 12 grants totaling $68K. Net investment income was $76K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $736,199 | $711,535 | $737,375 |
| Revenue | $108,857 | $42,352 | $119,500 |
| Expenses | $82,597 | $68,151 | $63,885 |
| Qualifying Distributions | $68,545 | $53,324 | $51,419 |
| Net Investment Income | $75,807 | $30,525 | $107,364 |
| Distributable Amount | $72,643 | $60,116 | $58,128 |
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
41 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Shaker Museum ($25,000), The Society of New Concord ($10,750), Crandall Theatre ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Southern University Foundation Baton Rouge, LA | General Purpose | $5,000 |
| Columbia County Youth Theatre Chatham, NY | General Purpose | $1,500 |
| Columbia Greene Humane Society Hudson, NY | General purpose | $1,000 |
| The Society of New Concord East Chatham, NY | General purpose | $10,750 |
| Crandall Theatre Chatham, NY | General purpose | $10,000 |
| Shaker Museum Chatham, NY | Annual pledge | $25,000 |
| Roman Catholic Diocese of Albany Albany, NY | Diocesan appeal | $650 |
| Church of St James Chatham, NY | Annual appeal | $2,000 |
| Hancock Shaker Village Pittsfield, MA | General purpose | $500 |
| Ghent Volunteer Fire Co #1 Inc Ghent, NY | General purpose | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Frances N Veillette | President/Director | — | — |
| Jeanne V Bowerman | Secretary/Treasurer/Director | — | — |
| William P Veillette | Vice President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Veillette-nifosi Foundation Inc?
Veillette-nifosi Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EAST CHATHAM, NY. It holds $736K in total assets as of 2024.
How large is Veillette-nifosi Foundation Inc?
As of 2024, Veillette-nifosi Foundation Inc holds $736K in total assets with $109K in annual revenue. It awarded 12 grants totaling $68K in 2024.
Where does Veillette-nifosi Foundation Inc operate?
Veillette-nifosi Foundation Inc has awarded grants in District of Columbia, Louisiana, Massachusetts, New York.
What size grants does Veillette-nifosi Foundation Inc award?
In 2024, Veillette-nifosi Foundation Inc awarded 12 grants totaling $68K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Veillette-nifosi Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Veillette-nifosi Foundation Inc reported a distributable amount of $73K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Veillette-nifosi Foundation Inc's EIN?
Veillette-nifosi Foundation Inc's EIN (Employer Identification Number) is 14-1800600. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Veillette-nifosi Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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