Volpe Foundation is a private foundation focused on Education, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $367K in total assets. In 2024, it awarded 3 grants totaling $400K. Net investment income was $44.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$367K
-48.5% YoY
Annual Giving
$400K
+45.5% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$133K
-51.5% YoY
Under IRS private-foundation payout rules, Volpe Foundation reported a distributable amount of $414 for 2024 — the minimum it must pay out in qualifying distributions.
About Volpe Foundation
Based on IRS filings
Volpe Foundation is a private foundation focused on Education, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $367K in total assets. In 2024, it awarded 3 grants totaling $400K. Net investment income was $44.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $366,549 | $711,581 | $724,549 |
| Revenue | $87,022 | $285,462 | $180,023 |
| Expenses | $432,054 | $298,430 | $328,639 |
| Qualifying Distributions | $99,642 | $286,038 | $307,746 |
| Net Investment Income | $44 | $13 | — |
| Distributable Amount | $414 | $456 | $5,997 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Walsh Foundation ($320,000), Archbishop Walsh High School ($50,000), Lehigh University ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARCHBISHOP WALSH HIGH SCHOOL OLEAN, NY | General & Unrestricted | $50,000 |
| LEHIGH UNIVERSITY BETHLEHEM, PA | General & Unrestricted | $30,000 |
| WALSH FOUNDATION OLEAN, NY | PRI LOAN FORGIVENESS | $320,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Stephanie Lambert | Dir, Treas | 1 | — |
| Camille Volpe | Dir, Sec | 1 | — |
| Christine Volpe | Dir, VP | 1 | — |
| Vincent R Volpe Jr | Dir, Pres, Chairman | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Volpe Foundation?
Volpe Foundation is a private foundation focused on Education, based in WILMINGTON, DE. It holds $367K in total assets as of 2024.
How large is Volpe Foundation?
As of 2024, Volpe Foundation holds $367K in total assets with $87K in annual revenue. It awarded 3 grants totaling $400K in 2024.
Where does Volpe Foundation operate?
Volpe Foundation has awarded grants in New York, Pennsylvania.
What size grants does Volpe Foundation award?
In 2024, Volpe Foundation awarded 3 grants totaling $400K — an average of about $133K per grant, based on its IRS Form 990 filings.
How much is Volpe Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Volpe Foundation reported a distributable amount of $414 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Volpe Foundation's EIN?
Volpe Foundation's EIN (Employer Identification Number) is 81-4721272. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Volpe Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.