Vsp Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 9 grants totaling $45K. Net investment income was $72K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+32.6% YoY
Annual Giving
$45K
+21.6% YoY
Grant Count
9
+50.0% YoY
Avg Grant Size
$5K
-18.9% YoY
About Vsp Family Foundation Inc
Based on IRS filings
Vsp Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 9 grants totaling $45K. Net investment income was $72K.
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 | $1,612,714 | $1,216,546 | — |
| Revenue | $204,153 | $382,863 | $262,624 |
| Expenses | $47,926 | $38,141 | $37,515 |
| Qualifying Distributions | $45,000 | $37,000 | $35,000 |
| Net Investment Income | $71,889 | $47,490 | $44,820 |
| Distributable Amount | $42,882 | $31,914 | $31,905 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VINODRAI M PATEL | PRESIDENT | 1 | — |
| SHAKU PATEL | SECRETARY | 1 | — |
| NISHA V PATEL | VICE PRESIDE | 1 | — |
| AMEE V PATEL | VICE PRESIDE | 1 | — |
| NIMESH V PATEL | VICE PRESIDE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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