Private foundation (trust)EIN 208117214Est. 2008-07
THE VELA FOUNDATION
OSTERVILLE, MA 02655
Total Assets
$11.3M
FY 2023
Annual Giving
$356K
FY 2023
Grants Made
29
FY 2023
Avg Grant
$12K
FY 2023
Grant Range
$1K–$40K
Typical
Deadlines
—
Applications
Focus Areas
Financial Snapshot
2023 filing
Total Revenue
$4.2M
Total Expenses
$583K
Qualifying Distributions
$368K
Distributable Amount
$495K
Min. Investment Return
$525K
Undistributed Income
$469K
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
29 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
3 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
78 grants
Grant Size Distribution
78 grants
Geographic Focus
5 states
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