Vf Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HERMITAGE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.4M in total assets. In 2024, it awarded 22 grants totaling $327K. Net investment income was $171K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.4M
+7.0% YoY
Annual Giving
$327K
+8.8% YoY
Grant Count
22
+15.8% YoY
Avg Grant Size
$15K
-6.0% YoY
Under IRS private-foundation payout rules, Vf Foundation reported a distributable amount of $314K for 2024 — the minimum it must pay out in qualifying distributions.
About Vf Foundation
Based on IRS filings
Vf Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HERMITAGE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.4M in total assets. In 2024, it awarded 22 grants totaling $327K. Net investment income was $171K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,441,907 | $6,019,299 | $5,643,541 |
| Revenue | $237,183 | $245,914 | $108,398 |
| Expenses | $396,323 | $332,380 | $358,394 |
| Qualifying Distributions | $330,100 | $303,600 | $326,600 |
| Net Investment Income | $170,960 | $217,134 | $106,068 |
| Distributable Amount | $314,296 | $283,953 | $297,231 |
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
91 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Elevate Ethiopia ($37,500), Equal Chance for Education ($35,000), Hope Inc ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BETHANY CHRISTIAN SERVICES GRAND RAPIDS, MI | TO PROMOTE SCIENTIFIC, EDUCATIONAL, AND OTHER CHARITABLE ACTIVITIES. | $20,000 |
| CHILDREN'S HAVEN JOPLIN, MO | TO PROMOTE SCIENTIFIC, EDUCATIONAL, AND OTHER CHARITABLE ACTIVITIES. | $11,000 |
| ELEVATE ETHIOPIA HERMITAGE, TN | TO PROMOTE SCIENTIFIC, EDUCATIONAL, AND OTHER CHARITABLE ACTIVITIES. | $37,500 |
| EPIC GIRL NASHVILLE, TN | TO PROMOTE SCIENTIFIC, EDUCATIONAL, AND OTHER CHARITABLE ACTIVITIES. | $15,000 |
| EQUAL CHANCE FOR EDUCATION NASHVILLE, TN | TO PROMOTE SCIENTIFIC, EDUCATIONAL, AND OTHER CHARITABLE ACTIVITIES. | $35,000 |
| ETHIOPIA EDUCATION INITIATIVES NEW YORK, NY | TO PROMOTE SCIENTIFIC, EDUCATIONAL, AND OTHER CHARITABLE ACTIVITIES. | $20,000 |
| EVERY MOTHER'S ADVOCATE POMPANO BEACH, FL | TO PROMOTE SCIENTIFIC, EDUCATIONAL, AND OTHER CHARITABLE ACTIVITIES. | $10,000 |
| HOPE ETHIOPIA | TO PROMOTE SCIENTIFIC, EDUCATIONAL, AND OTHER CHARITABLE ACTIVITIES. | $10,000 |
| HOPE FOR THE FATHERLESS CASTLE PINES, CO | TO PROMOTE SCIENTIFIC, EDUCATIONAL, AND OTHER CHARITABLE ACTIVITIES. | $12,500 |
| HOPE INC SAN FRANCISCO, CA | TO PROMOTE SCIENTIFIC, EDUCATIONAL, AND OTHER CHARITABLE ACTIVITIES. | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM L VALLETT JR | TRUSTEE | 0.25 | — |
| ANITA J VALLETT | TRUST COMMITTEE MEMBER | 0.25 | — |
| WILLIAM L VALLETT III | TRUST COMMITTEE MEMBER | 0.25 | $3,600 |
| ALEXANDRA MAI VALLETT | TRUST COMMITTEE MEMBER | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Vf Foundation?
Vf Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HERMITAGE, TN. It holds $6.4M in total assets as of 2024.
How large is Vf Foundation?
As of 2024, Vf Foundation holds $6.4M in total assets with $237K in annual revenue. It awarded 22 grants totaling $327K in 2024.
Where does Vf Foundation operate?
Vf Foundation has awarded grants in Arkansas, California, Colorado, District of Columbia, Florida, Georgia, Illinois, Kentucky, Maryland, Michigan, Missouri, Mississippi, New Jersey, New York, Ohio, Tennessee, Utah, Virginia.
What size grants does Vf Foundation award?
In 2024, Vf Foundation awarded 22 grants totaling $327K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Vf Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Vf Foundation reported a distributable amount of $314K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Vf Foundation's EIN?
Vf Foundation's EIN (Employer Identification Number) is 81-6200122. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Vf 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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