The Mission of the Vir Fidelis Fund, Inc. is to solicit, raise, and distribute funds for the academic, social, and sports programs at Monsignor Farrell High School. Funds will be raised through donations from alumni, parents, and friends by soliciation, letters, phone calls, dinners, sporting events, dances, luncheons, and other similar events. In addition, Grants to Monsignor Farrell High School include for Tuition Scholarships, Financial Aid, Bloomberg Ticker, and Loan Principle and Interest.
Key facts about Vir Fidelis Fund Inc
In short: Vir Fidelis Fund Inc gave $1.9M across 5 grants in 2025 (avg $373K), mostly in New York. Source: 2025 IRS Form 990.
- EIN
- 47-1968972
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $1,866,539
- Grants made (2025)
- 5
- Average grant
- $373,308
- Median grant
- $400,000
- Total assets
- $3,217,199
- Primary geography
- New York (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$3.2M
-19.7% YoY
Annual Giving
$1.9M
+97.4% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$373K
+97.4% YoY
How Vir Fidelis Fund Inc gives
- Giving grew 98% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About Vir Fidelis Fund Inc
Based on IRS filings
Vir Fidelis Fund Inc is a public charity focused on Education, based in Staten Island, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.2M in total assets. In 2025, it awarded 5 grants totaling $1.9M. Net investment income was $90K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $130K (2019) to $1.9M (2025). In 2025 it made 5 grants totaling $1.9M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Monsignor Farrell High School ($1.9M across 5 grants).
Grant Size Distribution
20 grants across all recorded years
The most common grant size was in the $500K–1M range: 6 grants of 20 (30%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Monsignor Farrell High School Staten Island, NY | Loan Principle and Interest | $641,884 |
| Monsignor Farrell High School Staten Island, NY | Operational Grants | $500,000 |
| Monsignor Farrell High School Staten Island, NY | Air Conditioning | $400,000 |
| Monsignor Farrell High School Staten Island, NY | Tuition Scholarships/ Financial Aid | $304,720 |
| Monsignor Farrell High School Staten Island, NY | Bloomberg Ticker | $19,935 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,217,199 | $4,007,981 | $3,767,685 |
| Revenue | $1,037,204 | $1,043,814 | $429,459 |
| Expenses | $2,080,503 | $1,067,607 | $1,527,942 |
| Net Investment Income | $89,656 | $94,389 | $17,264 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS July 9, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS July 2, 2026)
- Updated Form 990 for fiscal year 2019 (received by the IRS January 25, 2020)
- Added Form 990 for fiscal year 2020 (received by the IRS January 29, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS January 2, 2022)
- Added Form 990 for fiscal year 2022 (received by the IRS February 24, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS June 25, 2024)
Leadership & Key People
Officers and directors from IRS filings
Vir Fidelis Fund Inc is led by Joseph Vaszily, Chairman on every filing since 2019; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Joseph Vaszily
Chairman
On filings since 2019
2 hrs/week
No compensation reported
Jack McGowan
Director
On filings since 2019
2 hrs/week
No compensation reported
Philip Geraci
Director
On filings since 2019
2 hrs/week
No compensation reported
Chris Mitrovich
Director
On filings since 2023
2 hrs/week
No compensation reported
John Mascari
Director
On filings since 2023
2 hrs/week
No compensation reported
Louis Jerome
Director
On filings since 2023
2 hrs/week
No compensation reported
Brendan Cameron
Treasurer
On filings since 2019
2 hrs/week
No compensation reported
John Leone
Vice Chairman
On filings since 2019
2 hrs/week
No compensation reported
Lou Bergonzi
Secretary
On filings since 2019
2 hrs/week
No compensation reported
Former officers (2)
- Former: Frank Sinatra Sr. (2019–2023) — Director
- Former: John Reed (2019–2022) — Director
Data from IRS Form 990 filings, 2019–2025. "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 Vir Fidelis Fund Inc
How much does Vir Fidelis Fund Inc give each year?
Vir Fidelis Fund Inc gave $1.9M across 5 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $945K across 5 grants.
What is Vir Fidelis Fund Inc's typical grant size?
Vir Fidelis Fund Inc's median grant in 2025 was $400,000, and its average grant was $373,308, across 5 grants on its 2025 IRS Form 990.
Where does Vir Fidelis Fund Inc give grants?
Vir Fidelis Fund Inc gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Staten Island, NY (5 grants).
Does Vir Fidelis Fund Inc give general operating support?
Yes: 20% of Vir Fidelis Fund Inc's 2025 grants with a stated purpose (1 of 5) were for general or operating support, per its 2025 IRS Form 990.
How large is Vir Fidelis Fund Inc?
Vir Fidelis Fund Inc reported $3.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.0M.
What is Vir Fidelis Fund Inc?
Vir Fidelis Fund Inc is a public charity focused on Education, based in Staten Island, NY. It holds $3.2M in total assets as of 2025.
What is Vir Fidelis Fund Inc's EIN?
Vir Fidelis Fund Inc's EIN (Employer Identification Number) is 47-1968972. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Vir Fidelis Fund Inc by hand.
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