Victor A DeRose Foundation

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.

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

+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.

About Victor A DeRose Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $105K (85%)

Michigan $12K (9%)

District of Columbia $5K (4%)

Pennsylvania $2K (1%)

Ohio $200 (0%)

States

District of Columbia Indiana Michigan Ohio Pennsylvania

Cities

CrawfordsvilleHillsdaleIndianapolisMainevilleMercersburgWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
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

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

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Wabash College ($15,000), Hillsdale College ($5,000), Mercersburg Academy ($100).

Recipient	Purpose	Amount
Wabash College Crawfordsville, IN	Scholarship and Genderal Purposes	$15,000
Mercersburg Academy Mercersburg, PA	General Purposes	$100
The Salvation Army Indianapolis, IN	General Purposes	$100
Hillsdale College Hillsdale, MI	General Purposes	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Victor DeRose	Foundation Mgr.	—	—

Frequently Asked Questions

How large is Victor A DeRose Foundation?

As of 2024, Victor A DeRose Foundation holds $1.1M in total assets with $150K in annual revenue. It awarded 4 grants totaling $20K in 2024.

Where does Victor A DeRose Foundation operate?

Victor A DeRose Foundation has awarded grants in District of Columbia, Indiana, Michigan, Ohio, Pennsylvania.

What size grants does Victor A DeRose Foundation award?

In 2024, Victor A DeRose Foundation awarded 4 grants totaling $20K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Victor A DeRose Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Victor A DeRose Foundation reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.