Vermilion River Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VERMILION, OH. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 6 grants totaling $107K. Net investment income was $42K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
-3.0% YoY
Annual Giving
$107K
+2035.0% YoY
Grant Count
6
+200.0% YoY
Avg Grant Size
$18K
+611.7% YoY
Under IRS private-foundation payout rules, Vermilion River Foundation reported a distributable amount of $144K for 2024 — the minimum it must pay out in qualifying distributions.
About Vermilion River Foundation
Based on IRS filings
Vermilion River Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VERMILION, OH. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 6 grants totaling $107K. Net investment income was $42K.
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 | $2,460,529 | $2,535,843 | $1,131,955 |
| Revenue | $42,270 | $1,408,888 | $1,131,955 |
| Expenses | $117,584 | $5,000 | — |
| Qualifying Distributions | $106,750 | $5,000 | — |
| Net Investment Income | $42,270 | $426,035 | $7 |
| Distributable Amount | $144,296 | $106,549 | $4,858 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include National Museum of the Great Lakes ($75,000), St Mary's Catholic Parish ($15,000), St Isabel Parish ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST ISABEL PARISH SANIBEL, FL | GENERAL FUND | $10,000 |
| ST MARY'S CATHOLIC PARISH VERMILION, OH | GENERAL FUND | $15,000 |
| NATIONAL MUSEUM OF THE GREAT LAKES TOLEDO, OH | GENERAL FUND | $75,000 |
| PATH AND GREEN LORAIN, OH | GENERAL FUND | $2,250 |
| MAIN STREET VERMILION VERMILION, OH | GENERAL FUND | $2,250 |
| BAY VILLAGE TREE CONSERVANCY BAY VILLAGE, OH | GENERAL FUND | $2,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DIANA SZAMBECKI | PRESIDENT/TREASURER | 1 | — |
| ANTHONY E SZAMBECKI | VICE PRESIDENT/ASST. TREASURER | 1 | — |
| SHEA LOPER | SECRETARY | 1 | — |
| LEE SZAMBECKI | ASST. SECRETARY/ASST. TREASURER | 1 | — |
| DAVID J LOPER | ASST. SECRETARY | 1 | — |
| KATHRYN M SZAMBECKI | ASST. SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Vermilion River Foundation?
Vermilion River Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VERMILION, OH. It holds $2.5M in total assets as of 2024.
How large is Vermilion River Foundation?
As of 2024, Vermilion River Foundation holds $2.5M in total assets with $42K in annual revenue. It awarded 6 grants totaling $107K in 2024.
Where does Vermilion River Foundation operate?
Vermilion River Foundation has awarded grants in Florida, Ohio.
What size grants does Vermilion River Foundation award?
In 2024, Vermilion River Foundation awarded 6 grants totaling $107K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Vermilion River Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Vermilion River Foundation reported a distributable amount of $144K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Vermilion River Foundation's EIN?
Vermilion River Foundation's EIN (Employer Identification Number) is 87-4088200. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Vermilion River Foundation'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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