VGS Foundation Inc
VGS Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Somerset, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $20.5M in total assets. In 2025, it awarded 5 grants totaling $895K. Net investment income was $1.5M.
Key facts about VGS Foundation Inc
In short: VGS Foundation Inc gave $895K across 5 grants in 2025 (avg $179K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- EIN
- 20-2965411
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $894,829
- Grants made (2025)
- 5
- Average grant
- $178,966
- Median grant
- $10,000
- Total assets
- $20,498,363
- Primary geography
- Florida (96% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$20.5M
+9.9% YoY
Annual Giving
$895K
+2.7% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$179K
-17.8% YoY
Under IRS private-foundation payout rules, VGS Foundation Inc reported a distributable amount of $952K for 2025 — the minimum it must pay out in qualifying distributions.
How VGS Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (−2%). Method
- In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with VGS Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CHARLES SCHWAB CHARITABLE FUND (DAF) Orlando, FL | GENERAL FUND | $859,829 |
| CLAUDINE SOCIETY FOR DEVELOPMENT & ACTION | GENERAL FUND | $10,000 |
| NEW JERSEY TAMIL SANGAM INC East Brunswick, NJ | GENERAL FUND | $10,000 |
| KONGU ASSOCIATION OF NORTH AMERICA (KANA) Greenbrook, NJ | GENERAL FUND | $10,000 |
| CONTRIBUTIONS OF 5K OF LESS Somerset, NJ | GENERAL FUND | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $20,498,363 | $18,658,120 | $17,132,086 |
| Revenue | $1,533,478 | $845,227 | $276,144 |
| Expenses | $965,816 | $934,232 | $886,391 |
| Qualifying Distributions | $896,821 | $873,584 | $844,286 |
| Net Investment Income | $1,478,741 | $793,336 | $495,910 |
| Distributable Amount | $951,951 | $908,762 | $810,917 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 1, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 1, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
Leadership & Key People
Officers and directors from IRS filings
VGS Foundation Inc's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Anu Subramanian
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Govindammal Subramanian
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Ilango Subramanian
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Veerappan Subramanian
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about VGS Foundation Inc
How much does VGS Foundation Inc give each year?
VGS Foundation Inc gave $895K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $871K across 4 grants.
What is VGS Foundation Inc's typical grant size?
VGS Foundation Inc's median grant in 2025 was $10,000, and its average grant was $178,966, across 5 grants on its 2025 IRS Form 990-PF.
Where does VGS Foundation Inc give grants?
VGS Foundation Inc gives mostly in Florida: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does VGS Foundation Inc give general operating support?
Yes: 100% of VGS Foundation Inc's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are VGS Foundation Inc's largest grantees?
VGS Foundation Inc's largest 2025 grantees include Charles Schwab Charitable Fund (Daf) ($859,829), Claudine Society for Development & Action ($10,000) and New Jersey Tamil Sangam Inc ($10,000), according to its 2025 IRS Form 990-PF. Together they received 98% of its itemized 2025 grant dollars.
How large is VGS Foundation Inc?
VGS Foundation Inc reported $20.5M in total assets on its 2025 IRS Form 990-PF. It paid out $897K in qualifying distributions that year, against a required minimum of $952K (roughly 5% of its investment assets).
What is VGS Foundation Inc?
VGS Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Somerset, NJ. It holds $20.5M in total assets as of 2025.
What is VGS Foundation Inc's EIN?
VGS Foundation Inc's EIN (Employer Identification Number) is 20-2965411. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching VGS Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in VGS Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Ford Foundation
New York, NY
The Ford Foundation funds organizations, individuals, and ideas working to reduce inequality and advance social justice, including work in areas such as immigrant justice, criminal justice reform, gender equity, and arts and culture, through grants around the world. Its 2024 grants had a median of $100,000, with amounts ranging from $45 to $15 million; it does not accept unsolicited requests by mail, email, or phone.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The Robert Wood Johnson Foundation
Princeton, NJ
The Robert Wood Johnson Foundation funds work to improve health and health equity in the United States, including health policy, community health, prevention, and social justice. In 2024, its grants ranged from $125 to $12.15 million, with a median of $40,000, and went to recipients across multiple states. The profile does not state whether it accepts unsolicited requests.
Assets
$13.4B
Grants
3,093
Total Given
$622.6M
The Rockefeller Foundation
New York, NY
The Rockefeller Foundation funds large-scale efforts to improve human well-being, including work in energy, food, health, finance, and economic opportunity, in the United States and internationally. Its 2024 grants ranged from $400 to $75 million, with a median of about $171,000. It does not accept unsolicited requests.
Assets
$6.4B
Grants
381
Total Given
$233.2M
Community Foundation of New Jersey
Morristown, NJ
The Community Foundation of New Jersey supports nonprofits and projects across arts, education, environment, health and human services, and social welfare. Its 2024 itemized grants had a median of about $19,800, though awards varied widely; funding went to organizations in multiple states, with 32% of itemized grant dollars going to New Jersey. It accepts applications for specific opportunities, and its FAQ encourages eligible New Jersey 501(c)(3) nonprofits to apply; requirements vary by opportunity.
Assets
$1.0B
Grants
1,321
Total Given
$93.8M
Chubb Charitable Foundation
Philadelphia, PA
The Chubb Charitable Foundation supports youth development through education, mentorship, financial literacy, entrepreneurship, and community programs, as well as organizations working in areas such as humanitarian aid, health, and disability services. Its 2024 grants ranged from $50 to $1 million, with a median of $200; funding was concentrated in New York, Washington, D.C., New Jersey, and Pennsylvania. The foundation directs applicants to its proposal guidelines and states that it does not limit giving to preselected organizations.
Assets
$74.9M
Grants
3,719
Total Given
$6.3M
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The foundation funds health initiatives to expand healthcare access and strengthen health systems, with priorities including cancers, blood disorders, brain health, and clinical-trial participation. Its 2024 grants had a median of $134,090, though awards ranged widely; its stated focus geographies are Brazil, India, ten Sub-Saharan African countries, and the United States. It invites organizations to inquire about its grantmaking process, with application materials available upon request and no deadline listed.
Assets
$83.3M
Grants
144
Total Given
$67.7M
Crane Fund for Widows and Children
Englewood Cliffs, NJ
The fund supports local agencies, charities, and schools serving underserved populations, with interests including food, housing, education, health, environmental protection, and animal welfare. Its 2024 grants ranged from $2,000 to $45,000, with a median of $4,500, for communities where Crane operates or where associates have a direct connection, including locations outside the U.S. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
—
Grants
985
Total Given
$4.5M
The Hyde and Watson Foundation
Warren Township, NJ
The Hyde and Watson Foundation funds one-time capital needs—such as construction, renovations, equipment, and furnishings—for eligible nonprofits working in human services, education, health, arts and culture, and the environment. Most grants are $5,000–$20,000, and it primarily serves New York City and Essex, Morris, and Union counties in New Jersey; the profile does not state whether unsolicited requests are accepted.
Assets
$88.2M
Grants
611
Total Given
$6.1M
Princeton Area Community Foundation Inc
Princeton, NJ
Princeton Area Community Foundation funds nonprofits working in education, basic needs, health, housing, arts, the environment, and nonprofit capacity, with priorities including poverty and the needs of children, families, and communities. Its 2024 median grant was $15,000, and its discretionary programs focus on Greater Mercer County and central New Jersey, though donor-recommended grants may support nonprofits elsewhere. Eligible regional nonprofits may apply through competitive programs such as the Community Impact Grants.
Assets
$279.6M
Grants
515
Total Given
$31.3M
The Pfizer Foundation Inc
New York, NY
The Pfizer Foundation funds locally led health programs that improve access to care and strengthen health systems, as well as health-crisis and disaster responses, worldwide. In 2024, grants ranged from $2 to $4 million, with a median of $200. It supports only preselected organizations and does not accept unsolicited requests.
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Jpmorgan Chase Foundation
New York, NY
The foundation supports neighborhood revitalization, underserved small businesses, financial health, and economic mobility and career pathways, with 2024 grants ranging from $4 to $4,635,000 and a median of $550. Its grants reached organizations across multiple U.S. locations, including Washington, DC, New York, California, Illinois, Washington state, and Georgia. It gives only to preselected charitable organizations and does not accept unsolicited funding requests.
Assets
$1.1B
Grants
11,076
Total Given
$193.0M
Verizon Foundation
Basking Ridge, NJ
The Verizon Foundation funds digital inclusion, climate protection, human prosperity, K–12 literacy and STEM, and domestic violence education and prevention, with an emphasis on underserved and diverse communities. It gives nationally, with priority in California, Massachusetts, Minnesota, New Jersey, New York, and Virginia, and also supports work in India and Israel; 2024 grants ranged from $25 to $1 million, with a $500 median. It does not accept unsolicited requests; applications are by invitation only.
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
More Funders in New Jersey
VGS Foundation Inc down — hundreds of funders to go?