VGS Foundation Inc
VGS Foundation Inc is a private foundation, 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.
VGS Foundation Inc at a glance
In short: VGS Foundation Inc gave $895K across 5 grants in 2025 (avg $179K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $894,829
- +2.7% vs 2024
- Grants made (2025)
- 5
- +25.0% vs 2024
- Average grant
- $178,966
- -17.8% vs 2024
- Median grant
- $10,000
- Total assets
- $20,498,363
- +9.9% vs 2024
- Primary geography
- Florida (96% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who VGS Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Charles Schwab Charitable Fund (DAF) ($860K). Together the top 5 received $895K.
Grant Size Distribution
21 grants across all recorded years
The most common grant size was under $50K: 13 grants of 21 (62%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $719K (2021) to $916K (2022). In 2025 it made 5 grants totaling $895K.
Grants by year
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 |
Ready to take the next step with VGS Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $20,498,363 | $1,533,478 | $965,816 | $894,829 | 5 | $896,821 | $1,478,741 | $951,951 |
| 2024 | $18,658,120 | $845,227 | $934,232 | $870,893 | 4 | $873,584 | $793,336 | $908,762 |
| 2023 | $17,132,086 | $276,144 | $886,391 | $842,166 | 4 | $844,286 | $495,910 | $810,917 |
| 2022 | $15,568,308 | $-55,542 | $956,469 | $915,991 | 3 | $918,180 | $285,765 | $827,935 |
| 2021 | $17,988,425 | $183,231 | $815,296 | $718,736 | 5 | $721,105 | $135,198 | $917,675 |
| 2020 | $18,462,251 | $4,273,416 | $830,289 | $758,010 | 11 | — | $4,223,052 | $715,880 |
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.
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). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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.
Data update history
(6)
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)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
Live grants for the work VGS Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Hancock Whitney Opportunity Grant (Hancock Whitney Community Reinvestment Act Program) Up to US $25,000 · Due October 30, 2026
- Boettcher Foundation Colorado Grantmaking: Rural Catalyst Grants US $1,000 - US $10,000 · Due October 30, 2026
- Boston Foundation: Safety Net Grants US $50,000 · Due October 30, 2026
Explore Open Grants
Browse active grant opportunities in VGS Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in New Jersey
The Ford Foundation
New York, NY
The Ford Foundation funds organizations and initiatives working to reduce inequality and advance social justice, including work on civic engagement, civil rights, climate justice, disability rights, and technology and society. In 2024, its grants ranged from $45 to $15 million, with a median of $100,000, supporting work in the U.S. and internationally. It says most grants are identified by the foundation and it does not accept unsolicited proposals by mail, email, or phone; limited opportunities may be offered separately.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The Robert Wood Johnson Foundation
Princeton, NJ
The Robert Wood Johnson Foundation funds efforts to improve health and health equity in the United States, including systems change addressing structural barriers to health. In 2024, its grants ranged from $125 to $12.15 million, with a median of $40,000. It typically funds through targeted programs and partnerships; whether it accepts unsolicited requests is not stated.
Assets
$13.4B
Grants
3,093
Total Given
$622.6M
The Rockefeller Foundation
New York, NY
The Rockefeller Foundation funds initiatives in energy access, sustainable food systems, health, climate, economic opportunity, and finance in the United States and around the world. In 2024, it made 381 grants, with a median grant of about $171,000, though awards ranged widely; it does not accept unsolicited requests and funds preselected organizations only.
Assets
$6.4B
Grants
381
Total Given
$233.2M
Community Foundation of New Jersey
Morristown, NJ
The Community Foundation of New Jersey supports a broad range of causes, including arts, education, health, human services, and the environment, through donor-directed and other charitable funds. Its 2024 itemized grants had a median of $19,759, with awards ranging widely; its current health grant opportunity serves Morris and Somerset counties. Eligible New Jersey nonprofits may apply to specific grant opportunities, subject to each opportunity’s guidelines.
Assets
$1.0B
Grants
1,321
Total Given
$93.8M
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.
Assets
$83.3M
Grants
144
Total Given
$67.7M
Crane Fund for Widows and Children
Englewood Cliffs, NJ
The Crane Fund for Widows and Children supports charitable organizations, including those working in healthcare and social services, children’s services, recreation, and basic needs, with grants across multiple states. Its 2024 grants ranged from $2,000 to $45,000, with a median of $4,500; it funds only preselected organizations and does not accept unsolicited requests.
Assets
$1.6M
Grants
985
Total Given
$4.5M
More similar funders
More Funders in New Jersey
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from VGS Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
VGS Foundation Inc down — hundreds of funders to go?