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Vertuassets Foundation Inc

Foundation · Grantmaker Alpharetta, GA EIN: 82-2328799 Website

THE ORGANIZATION'S MISSION IS TO ENABLE DONATIONS OF ASSETS TO FUND CAUSES BENEFITING THOSE IN NEED. VERTUASSETS REACHES INDIVIDUALS AND BUSINESSES THAT HAVE A DESIRE TO GIVE CHARITABLY FROM THEIR WEALTH BY DONATING APPRECIATED ASSETS SO THAT MORE FINANCIAL RESOURCES MAY BE GIVEN TO NON PROFIT ORGANIZATIONS.

Key facts about Vertuassets Foundation Inc

EIN
82-2328799
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$9,805,161
Grants made (2024)
7
Average grant
$1,400,737
Median grant
$124,375
Total assets
$11,595,413
Primary geography
Georgia (89% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Vertuassets Foundation Inc funds

By grant dollars, the top recipient states for Vertuassets Foundation Inc's 7 itemized 2024 grants were Georgia (89%) and Florida (7%). The most frequent recipient cities were Orlando, FL (2 grants). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Grant Making" (5 grants).

How Vertuassets Foundation Inc gives

  • Giving grew 39% from 2021 to 2024. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Vertuassets Foundation Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$11.6M

-28.8% YoY

Annual Giving

$9.8M

-14.2% YoY

Grant Count

7

-22.2% YoY

Avg Grant Size

$1.4M

+10.3% YoY

About Vertuassets Foundation Inc

Based on IRS filings

Vertuassets Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Alpharetta, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.6M in total assets. In 2024, it awarded 7 grants totaling $9.8M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states

Share of all 7 itemized 2024 grant dollars.

Cities

OrlandoAlpharettaCincinnatiGainesvilleIndianapolisSalt Lake CityLancasterArlington HeightsBrookfieldColumbusForestFort LauderdaleJersey CityLexingtonLittle RockMemphisPhoenixScottsday

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$21M$31M$41M20202021202220232024
Metric202420232022
Total Assets$11,595,413$16,282,082$22,054,666
Revenue$5,132,128$4,943,728$37,486,655
Expenses$10,161,181$11,768,632$26,898,148
Qualifying Distributions———
Net Investment Income$-134,107$-77,464$1,652,364
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$7M$13M$20M$26M4 grants20205 grants202111 grants20229 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

National Christian Charitable Foundation Inc: $8.7MNational Christian CharitableFoundation Inc$8.7MCru Foundation: $587KCru Foundation$587KNew City Kids Foundation: $145KNew City Kids Foundation$145KSchwab Charitable Fund: $124KSchwab Charitable Fund$124KDeseret Trust Company: $106KDeseret Trust Company$106KFidelity Investments Charitable Gift Fund: $88KFidelity InvestmentsCharitable Gift Fund$88KRenaissance Charitable Foundation Inc: $65KRenaissance CharitableFoundation Inc$65K

Grant Size Distribution

36 grants across all recorded years

12<$50K6$50–100K11$100–250K$250–500K1$500K–1M2$1–5M4$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include National Christian Charitable Foundation Inc ($8,690,143), Cru Foundation ($586,639), New City Kids Foundation ($145,381).

RecipientPurposeAmount
NATIONAL CHRISTIAN CHARITABLE FOUNDATION INC Alpharetta, GAGRANT MAKING$8,690,143
CRU FOUNDATION Orlando, FLEVANGELISM$586,639
NEW CITY KIDS FOUNDATION Jersey City, NJPOVERTY$145,381
SCHWAB CHARITABLE FUND Orlando, FLGRANT MAKING$124,375
DESERET TRUST COMPANY Salt Lake City, UTGRANT MAKING$105,719
FIDELITY INVESTMENTS CHARITABLE GIFT FUND Cincinnati, OHGRANT MAKING$88,229
RENAISSANCE CHARITABLE FOUNDATION INC Indianapolis, INGRANT MAKING$64,675

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

NameTitleHoursCompensation
Pamela PughPresident/Director30—
Dana E RingSecr./Treas./Director2—
Ray TylerDirector1—
Bruce Neurohr Partial YearDirector1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Vertuassets Foundation Inc?

Vertuassets Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Alpharetta, GA. It holds $11.6M in total assets as of 2024.

How large is Vertuassets Foundation Inc?

As of 2024, Vertuassets Foundation Inc holds $11.6M in total assets with $5.1M in annual revenue. It awarded 7 grants totaling $9.8M in 2024.

Where does Vertuassets Foundation Inc operate?

Vertuassets Foundation Inc has awarded grants in Arkansas, Arizona, Florida, Georgia, Illinois, Indiana, Kentucky, New Jersey, Ohio, Pennsylvania, Tennessee, Utah, Virginia, Wisconsin.

What size grants does Vertuassets Foundation Inc award?

In 2024, Vertuassets Foundation Inc awarded 7 grants totaling $9.8M — an average of about $1.4M per grant, based on its IRS Form 990 filings.

What is Vertuassets Foundation Inc's EIN?

Vertuassets Foundation Inc's EIN (Employer Identification Number) is 82-2328799. 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.

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