Vgs Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOMERSET, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18.7M in total assets. In 2024, it awarded 4 grants totaling $871K. Net investment income was $793K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18.7M
+8.9% YoY
Annual Giving
$871K
+3.4% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$218K
+3.4% YoY
About Vgs Foundation Inc
Based on IRS filings
Vgs Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOMERSET, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18.7M in total assets. In 2024, it awarded 4 grants totaling $871K. Net investment income was $793K.
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 | $18,658,120 | $17,132,086 | $15,568,308 |
| Revenue | $845,227 | $276,144 | $-55,542 |
| Expenses | $934,232 | $886,391 | $956,469 |
| Qualifying Distributions | $873,584 | $844,286 | $918,180 |
| Net Investment Income | $793,336 | $495,910 | $285,765 |
| Distributable Amount | $908,762 | $810,917 | $827,935 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VEERAPPAN SUBRAMANIAN | TRUSTEE | 2 | — |
| GOVINDAMMAL SUBRAMANIAN | TRUSTEE | 2 | — |
| ANU SUBRAMANIAN | TRUSTEE | 2 | — |
| ILANGO SUBRAMANIAN | TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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