Vital Foundation Inc
Vital Foundation Inc is a private foundation, based in Beech Grove, IN. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $10.9M in total assets. In 2025, it awarded 3 grants totaling $237K. Net investment income was $286K.
Vital Foundation Inc at a glance
In short: Vital Foundation Inc gave $237K across 3 grants in 2025 (avg $79K), mostly in Indiana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $237,035
- Grants made (2025)
- 3
- Average grant
- $79,012
- Median grant
- $1,035
- Total assets
- $10,934,161
- +8.2% vs 2024
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Vital Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Neighborhood Charter Network ($235K). Together the top 3 received $237K.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Vital Foundation Inc gives
- In 2025 it paid out 83% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
In 2025 it made 3 grants totaling $237K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Neighborhood Charter Network Indianapolis, IN | General Purposes | $235,000 |
| Teachers for America Indianapolis, IN | General Purposes | $1,035 |
| The Mind Trust Indianapolis, IN | General Purposes | $1,000 |
Ready to take the next step with Vital Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $10,934,161 | $1,363,587 | $538,433 | $237,035 | 3 | $429,596 | $286,192 | $518,414 |
| 2024 | $10,107,241 | $10,125,554 | $20,074 | — | — | — | $104,240 | $217,126 |
Under IRS private-foundation payout rules, Vital Foundation Inc reported a distributable amount of $518K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Vital Foundation Inc is led by Kelly Herron, President on every filing since 2024; 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
Kelly Herron
President
On filings since 2024
30 hrs/week
$191K (2025)
Lindsey Rinehart
Treasurer
On filings since 2024
1 hr/week
No compensation reported
Matthew Zentz
Secretary
On filings since 2024
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2024–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $191K, to Kelly Herron (President).
Frequently asked questions about Vital Foundation Inc
How much does Vital Foundation Inc give each year?
Vital Foundation Inc gave $237K across 3 grants in 2025, according to its 2025 IRS Form 990-PF.
What is Vital Foundation Inc's typical grant size?
Vital Foundation Inc's median grant in 2025 was $1,035, and its average grant was $79,012, across 3 grants on its 2025 IRS Form 990-PF.
Where does Vital Foundation Inc give grants?
Vital Foundation Inc gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Indianapolis, IN (3 grants).
Does Vital Foundation Inc give general operating support?
Yes: 100% of Vital Foundation Inc's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Vital Foundation Inc?
Vital Foundation Inc reported $10.9M in total assets on its 2025 IRS Form 990-PF. It paid out $430K in qualifying distributions that year, against a required minimum of $518K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Vital Foundation Inc's EIN?
Vital Foundation Inc's EIN (Employer Identification Number) is 99-2658080. IRS Form 990 filing data is available on this page for 2024–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal year 2024
Live grants for the work Vital Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Vital Foundation Inc's focus areas in our free grants database
Similar Funders
Similar funders in Indiana
Lilly Endowment Inc
Indianapolis, IN
Lilly Endowment funds community development, education and youth, and religion, with priority given to Indianapolis and Indiana and some national support, especially for religion. Its 2025 grants had a median of $100,000, though awards varied widely; for community development requests, it suggests starting with a brief preliminary letter.
Assets
$105.9B
Grants
2,285
Total Given
$3.9B
Central Indiana Community Foundation Inc
Indianapolis, IN
Through its funds and collaborative entities, CICF supports a broad range of charitable work, including equity, food access, childcare, arts, nature, and youth programs, primarily in Central Indiana. Its 2024 grants had a median award of $25,000; some funds offer competitive applications, while others are invitation-only, and CICF itself does not directly award grants.
Assets
$583.5M
Grants
525
Total Given
$31.1M
United Way of Central Indiana Inc
Indianapolis, IN
United Way of Central Indiana funds nonprofits addressing basic needs, early learning, economic mobility, safe and affordable housing, and organizational capacity in Boone, Hamilton, Hancock, Hendricks, Marion, Morgan, and Putnam counties. Its 2025 grants ranged from $86 to $1.74 million, with a median of $16,238. The profile does not state whether it accepts unsolicited requests.
Assets
$255.2M
Grants
370
Total Given
$29.9M
Lumina Foundation for Education Inc
Indianapolis, IN
Lumina Foundation funds research, policy, technical assistance, and initiatives that expand equitable access to education and credentials beyond high school, with a national focus. Its 2024 grants ranged from $500 to $2.51 million, with a median of $12,500. It says it does not accept unsolicited requests; funding is primarily proactive, with occasional open calls for proposals.
Assets
$1.5B
Grants
357
Total Given
$30.0M
Round Room Gives Inc
Fishers, IN
Round Room Gives supports community organizations and local charitable activities, including education, family services, health, and animal welfare, with grants across about 40 states. In 2024, grants ranged from $250 to $140,000, with a median of $3,452. It accepts applications through an online form on an ongoing basis; applicants must be 501(c)(3) organizations with a TCC employee sponsor.
Assets
$1.4M
Grants
357
Total Given
$1.8M
University of Notre Dame du Lac
Notre Dame, IN
The University of Notre Dame supports student aid, Catholic education and mission, research, academics, athletics, and other university priorities, with grants reported to organizations and institutions in multiple U.S. states. Its 2025 grants ranged from $5,500 to $36.5 million, with a median of $30,480; some specific programs solicit eligible proposals, but no general policy on unsolicited requests is stated.
Assets
$29.6B
Grants
462
Total Given
$84.8M
More similar funders
More Funders in Indiana
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Vital Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Vital Foundation Inc down — hundreds of funders to go?