Reported officers (all unpaid)
No paid executives reported in 2023. THE VELA FOUNDATION reported 1 unpaid officer or board member on its 990-PF.
Grants paid
Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.
Total granted
$356k
Itemized grants
29
Median grant
$10k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| BOSTON MEDICAL CENTER | BOSTON, MA | GENERAL USE | $40k |
| ADOPT-A-FAMILY | LAKE WORTH, FL | GENERAL USE | $25k |
| CATHOLIC CHARITIES DIOCESE OF FALL RIVER | FALL RIVER, MA | GENERAL USE | $25k |
| FRANCISCAN CHILDRENS HOSPITAL | BRIGHTON, MA | GENERAL USE | $25k |
| CALMER CHOICE | OSTERVILLE, MA | GENERAL USE | $20k |
| FAMILY PANTRY OF CAPE COD | HARWICH, MA | GENERAL USE | $20k |
| COASTAL FOODSHED | NEW BEDFORD, MA | GENERAL USE | $15k |
| MARTHAS VINEYARD BOYS AND GIRLS CLUB | EDGARTOWN, MA | GENERAL USE | $15k |
| VETERANS TRANSITION | NEW BEDFORD, MA | GENERAL USE | $15k |
| WIDE HORIZONS FOR CHILDREN | WALTHAM, MA | GENERAL USE | $15k |
| BOYS AND GIRLS CLUB OF BOSTON | BOSTON, MA | GENERAL USE | $10k |
| CAPE AND ISLANDS UNITED WAY | CENTERVILLE, MA | GENERAL USE | $10k |
| CAPE COD COUNCIL OF CHURCHES | HYANNIS, MA | GENERAL USE | $10k |
| CAPE COD HEALTHCARE FOUNDATION | HYANNIS, MA | GENERAL USE | $10k |
| CAPE COD TIMES NEEDY FUND | HYANNIS, MA | GENERAL USE | $10k |
| GIRLS ON THE RUN | BOSTON, MA | GENERAL USE | $10k |
| HOMELESS PREVENTION COUNCIL | ORLEANS, MA | GENERAL USE | $10k |
| MILL CITY GROWS | LOWELL, MA | GENERAL USE | $10k |
| MY BROTHERS KEEPER | EASTON, MA | GENERAL USE | $10k |
| NEWTON FOOD PANTRY | NEWTON, MA | GENERAL USE | $10k |
| ALBERTUS MAGNUS HIGH SCHOOL | BARDONIA, NY | GENERAL USE | $5k |
| CAHOON MUSEUM OF ART | COTUIT, MA | GENERAL USE | $5k |
| FOOD 4 KIDS | ORLEANS, MA | GENERAL USE | $5k |
| HUNDRED CLUB OF MA | BRAINTREE, MA | GENERAL USE | $5k |
| MERCY MEALS AND MORE | NEW BEDFORD, MA | GENERAL USE | $5k |
This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.
What Philanthropy, Voluntarism & Grantmaking executives earn in Massachusetts
THE VELA FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Massachusetts earns a median of $17,596.
These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 925 organizations across 925 filings (2021 – 2024).
See full Philanthropy, Voluntarism & Grantmaking pay data for Massachusetts →Common questions about THE VELA FOUNDATION
What are THE VELA FOUNDATION's revenue and expenses?
In 2023, THE VELA FOUNDATION reported $4.2M in total revenue and $583k in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.
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