Vivid Cheers Inc

Private foundation · Grantmaker Chicago, IL EIN: 85-3838910

Vivid Cheers Inc is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 5 grants totaling $353K. Net investment income was $145K.

Key facts about Vivid Cheers Inc

In short: Vivid Cheers Inc gave $353K across 5 grants in 2024 (avg $71K), mostly in Arizona. Source: 2024 IRS Form 990-PF.

EIN
85-3838910
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$352,772
Grants made (2024)
5
Average grant
$70,554
Median grant
$10,000
Total assets
$2,843,228
Primary geography
Arizona (93% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.8M

-7.5% YoY

Annual Giving

$353K

+126.9% YoY

Grant Count

5

-28.6% YoY

Avg Grant Size

$71K

+217.6% YoY

Under IRS private-foundation payout rules, Vivid Cheers Inc reported a distributable amount of $161K for 2024 — the minimum it must pay out in qualifying distributions.

How Vivid Cheers Inc gives

  • Giving grew 3428% from 2021 to 2024. Method
  • In 2024 it paid out 232% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

ChicagoNew YorkAlexandriaPhoenixAustinCrystal LakeDallasLos AngelesWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K0 grants2020 1 grant2021 11 grants2022 7 grants2023 5 grants2024

From 2021 to 2024, annual grant giving ranged from $10K (2021) to $353K (2024). In 2024 it made 5 grants totaling $353K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Make-a-Wish Foundation of America: $327KMake-a-Wish Foundation ofAmerica$327KAcluf's Drag Defense Fund: $10KAcluf's Drag Defense Fund$10KLurie Cildrens Fund: $10KLurie Cildrens Fund$10KWomens Sports Foundation (WSF): $5KWomens Sports Foundation (WSF)$5KGolden Ratio Robotics: $500Golden Ratio Robotics$500

The largest 2024 recipient was Make-a-Wish Foundation of America ($327K). Together the top 5 received $353K.

Grant Size Distribution

24 grants across all recorded years

19<$50K2$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 19 grants of 24 (79%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Make-a-Wish Foundation of America Phoenix, AZGeneral$327,272
Acluf's Drag Defense Fund New York, NYGeneral$10,000
Lurie Cildrens Fund Chicago, ILGeneral$10,000
Womens Sports Foundation (WSF) New York, NYGeneral$5,000
Golden Ratio Robotics Crystal Lake, ILGeneral$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$2,843,228$3,072,781$3,158,521
Revenue$144,618$91,654$1,889,529
Expenses$374,171$177,394$300,770
Qualifying Distributions$374,171$177,394$300,770
Net Investment Income$144,618$91,654$2,894
Distributable Amount$161,306$159,172$161,441

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Vivid Cheers Inc is led by Stanley Chia, Chair - Director on every filing since 2022; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Stanley Chia

    Chair - Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Lawrence Fey

    Secretary - Treasurer Director

    Secretary - Treasurer Director → Chair - Director & Secretary - Treasurer Director, 2021

    Chair - Director & Secretary - Treasurer Director → Secretary - Treasurer Director, 2022

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Sarah Doll

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: Stan Chia (2020) — Chair - Director

Data from IRS Form 990 filings, 2020–2024. "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 Vivid Cheers Inc

How much does Vivid Cheers Inc give each year?

Vivid Cheers Inc gave $353K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $155K across 7 grants.

What is Vivid Cheers Inc's typical grant size?

Vivid Cheers Inc's median grant in 2024 was $10,000, and its average grant was $70,554, across 5 grants on its 2024 IRS Form 990-PF.

Where does Vivid Cheers Inc give grants?

Vivid Cheers Inc gives mostly in Arizona: 93% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (2 grants).

Does Vivid Cheers Inc give general operating support?

Yes: 100% of Vivid Cheers Inc's 2024 grants with a stated purpose (5 of 5) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Vivid Cheers Inc's largest grantees?

Vivid Cheers Inc's largest 2024 grantees include Make-a-Wish Foundation of America ($327,272), Acluf's Drag Defense Fund ($10,000) and Lurie Cildrens Fund ($10,000), according to its 2024 IRS Form 990-PF. Together they received 98% of its itemized 2024 grant dollars.

How large is Vivid Cheers Inc?

Vivid Cheers Inc reported $2.8M in total assets on its 2024 IRS Form 990-PF. It paid out $374K in qualifying distributions that year, against a required minimum of $161K (roughly 5% of its investment assets).

What is Vivid Cheers Inc's EIN?

Vivid Cheers Inc's EIN (Employer Identification Number) is 85-3838910. IRS Form 990 filing data is available on this page for 2020–2024.

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

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