Victor A DeRose Foundation
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.
Victor A DeRose Foundation at a glance
In short: Victor A DeRose Foundation gave $20K across 4 grants in 2024 (avg $5K), mostly in Indiana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $20,200
- -61.3% vs 2023
- Grants made (2024)
- 4
- +0.0% vs 2023
- Average grant
- $5,050
- -61.3% vs 2023
- Median grant
- $2,550
- Total assets
- $1,075,883
- +5.0% vs 2023
- Primary geography
- Indiana (75% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Victor A DeRose Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Wabash College ($15K). Together the top 4 received $20K.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 24 grants of 25 (96%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $16K (2020) to $52K (2023). In 2024 it made 4 grants totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wabash College Crawfordsville, IN | Scholarship and Genderal Purposes | $15,000 |
| Hillsdale College Hillsdale, MI | General Purposes | $5,000 |
| Mercersburg Academy Mercersburg, PA | General Purposes | $100 |
| The Salvation Army Indianapolis, IN | General Purposes | $100 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,075,883 | $149,911 | $75,645 | $20,200 | 4 | $75,645 | — | $50,926 |
| 2023 | $1,024,951 | $130,349 | $96,605 | $52,200 | 4 | $96,605 | $1,469 | $48,671 |
| 2022 | $1,012,049 | $51,879 | $55,627 | $18,800 | 5 | $55,627 | — | $47,763 |
| 2021 | $1,010,928 | $43,618 | $50,775 | $16,500 | 6 | $50,775 | — | $48,234 |
| 2020 | $880,445 | $194,828 | $50,379 | $16,100 | 6 | — | — | $42,056 |
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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