Visa Vel Foundation

FRISCO, TX EIN: 85-4325575

Visa Vel Foundation is a private foundation focused on Environment & Animals, based in FRISCO, TX. IRS filing data is available from 2021 through 2022. As of 2022, the organization holds $13.7M in total assets. In 2022, it awarded 2 grants totaling $124K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$13.7M

+433.4% YoY

Annual Giving

$124K

+1671.4% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$62K

+785.7% YoY

About Visa Vel Foundation

Based on IRS filings

Visa Vel Foundation is a private foundation focused on Environment & Animals, based in FRISCO, TX. IRS filing data is available from 2021 through 2022. As of 2022, the organization holds $13.7M in total assets. In 2022, it awarded 2 grants totaling $124K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Frisco

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M20212022
Metric20222021
Total Assets$13,713,144$2,571,002
Revenue$11,266,142$2,578,497
Expenses$124,000$7,495
Qualifying Distributions$124,000$7,000
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$31K$62K$93K$124K1 grants20212 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2022

NANBAN FOUNDATION$75KDEVELOPMENT ACTIVITIES F…$49K

Grant Size Distribution

3 grants across all recorded years

2<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Nanban Foundation ($75,000), Development Activities for Rural Pe ($49,000).

RecipientPurposeAmount
NANBAN FOUNDATION FRISCO, TXGNERAL SUPPORT$75,000
DEVELOPMENT ACTIVITIES FOR RURAL PE GENERAL SUPPORT$49,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
SAKTHIVEL PALANI GOUNDERTRUSTEE4
VIDHYA RASUTRUSTEE4

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Visa Vel Foundation?

Visa Vel Foundation is a private foundation focused on Environment & Animals, based in FRISCO, TX. It holds $13.7M in total assets as of 2022.

How large is Visa Vel Foundation?

As of 2022, Visa Vel Foundation holds $13.7M in total assets with $11.3M in annual revenue. It awarded 2 grants totaling $124K in 2022.

Where does Visa Vel Foundation operate?

Visa Vel Foundation has awarded grants in Texas.

What size grants does Visa Vel Foundation award?

In 2022, Visa Vel Foundation awarded 2 grants totaling $124K — an average of about $62K per grant, based on its IRS Form 990 filings.

What is Visa Vel Foundation's EIN?

Visa Vel Foundation's EIN (Employer Identification Number) is 85-4325575. IRS Form 990 filing data is available on this page for 2021–2022.

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

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