Victor A DeRose Foundation

Private foundation · Grantmaker Indianapolis, IN EIN: 31-1206775

Victor A DeRose Foundation is a private foundation, based in Indianapolis, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 4 grants totaling $20K.

Key facts about Victor A DeRose Foundation

In short: Victor A DeRose Foundation gave $20K across 4 grants in 2024 (avg $5K), mostly in Indiana. Source: 2024 IRS Form 990-PF.

EIN
31-1206775
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$20,200
Grants made (2024)
4
Average grant
$5,050
Median grant
$2,550
Total assets
$1,075,883
Primary geography
Indiana (75% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+5.0% YoY

Annual Giving

$20K

-61.3% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$5K

-61.3% YoY

Under IRS private-foundation payout rules, Victor A DeRose Foundation reported a distributable amount of $51K for 2024 — the minimum it must pay out in qualifying distributions.

How Victor A DeRose Foundation gives

  • Giving grew 22% from 2021 to 2024. Method
  • In 2024 it paid out 149% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of all 4 itemized 2024 grant dollars.

Cities

CrawfordsvilleHillsdaleIndianapolisMercersburgWashingtonMaineville

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K6 grants20206 grants20215 grants20224 grants20234 grants2024

From 2020 to 2024, annual grant giving ranged from $16K (2020) to $52K (2023). In 2024 it made 4 grants totaling $20K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Wabash College: $15KWabash College$15KHillsdale College: $5KHillsdale College$5KMercersburg Academy: $100Mercersburg Academy$100The Salvation Army: $100The Salvation Army$100

The largest 2024 recipient was Wabash College ($15K). Together the top 4 received $20K.

Grant Size Distribution

25 grants across all recorded years

24<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 25 (96%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Wabash College Crawfordsville, INScholarship and Genderal Purposes$15,000
Hillsdale College Hillsdale, MIGeneral Purposes$5,000
Mercersburg Academy Mercersburg, PAGeneral Purposes$100
The Salvation Army Indianapolis, INGeneral Purposes$100

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K20202021202220232024
Metric202420232022
Total Assets$1,075,883$1,024,951$1,012,049
Revenue$149,911$130,349$51,879
Expenses$75,645$96,605$55,627
Qualifying Distributions$75,645$96,605$55,627
Net Investment Income—$1,469—
Distributable Amount$50,926$48,671$47,763

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Officers and directors from IRS filings

Victor A DeRose Foundation's only listed officer is Victor DeRose, Foundation Manager on every filing since 2020 (uncompensated).

Officers on the 2024 filing

  • Victor DeRose

    Foundation Manager

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Victor A DeRose Foundation

How much does Victor A DeRose Foundation give each year?

Victor A DeRose Foundation gave $20K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $52K across 4 grants.

What is Victor A DeRose Foundation's typical grant size?

Victor A DeRose Foundation's median grant in 2024 was $2,550, and its average grant was $5,050, across 4 grants on its 2024 IRS Form 990-PF.

Where does Victor A DeRose Foundation give grants?

Victor A DeRose Foundation gives mostly in Indiana: 75% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Michigan (25%).

Does Victor A DeRose Foundation give general operating support?

Yes: 75% of Victor A DeRose Foundation's 2024 grants with a stated purpose (3 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Victor A DeRose Foundation?

Victor A DeRose Foundation reported $1.1M in total assets on its 2024 IRS Form 990-PF. It paid out $76K in qualifying distributions that year, against a required minimum of $51K (roughly 5% of its investment assets).

What is Victor A DeRose Foundation's EIN?

Victor A DeRose Foundation's EIN (Employer Identification Number) is 31-1206775. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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