Victor Preston Foundation is a private foundation focused on Education, based in WILMINGTON, DE. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $1K in total assets. In 2024, it made $100 in qualifying distributions. Net investment income was $37.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1K
+79.3% YoY
Revenue
$1K
+32.7% YoY
Qualifying Distributions
$100
-56.1% YoY
Expenses
$815
+148.5% YoY
Under IRS private-foundation payout rules, Victor Preston Foundation reported a distributable amount of $65 for 2024 — the minimum it must pay out in qualifying distributions.
About Victor Preston Foundation
Based on IRS filings
Victor Preston Foundation is a private foundation focused on Education, based in WILMINGTON, DE. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $1K in total assets. In 2024, it made $100 in qualifying distributions. Net investment income was $37.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $1,384 | $772 |
| Revenue | $1,327 | $1,000 |
| Expenses | $815 | $328 |
| Qualifying Distributions | $100 | $228 |
| Net Investment Income | $37 | — |
| Distributable Amount | $65 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Sean Higgins | President | 32 | $100 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Victor Preston Foundation?
Victor Preston Foundation is a private foundation focused on Education, based in WILMINGTON, DE. It holds $1K in total assets as of 2024.
How large is Victor Preston Foundation?
As of 2024, Victor Preston Foundation holds $1K in total assets with $1K in annual revenue.
How much is Victor Preston Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Victor Preston Foundation reported a distributable amount of $65 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Victor Preston Foundation's EIN?
Victor Preston Foundation's EIN (Employer Identification Number) is 92-3144750. IRS Form 990 filing data is available on this page for 2023–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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