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Filing year 2024

THE VESPA FAMILY FOUNDATIONINC

Franklin Lakes, New Jersey·EIN 37-1452034·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$14k
Total assets
$349k
Total expenses
$105k
Reported officers
8

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

Vice President
Board Vice President
25th percentile to median
$15k
$16k
Secretary
Board Secretary
10th to 25th percentilevs Philanthropy, Voluntarism & Grantmaking peers in New Jersey
$2k
$2k
Vice President
Board Vice President
10th to 25th percentile
$2k
$2k
Vice President
Board Vice President
10th to 25th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE VESPA FAMILY FOUNDATIONINC equaled 14% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
14%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$44k

Itemized grants

13

Median grant

$500

RecipientLocationPurposeAmount
NEW YORK LAW SCHOOLNEW YORK, NYTO FUND NORMAL OPERATIONS$37k
CALIFORNIA INSTITUTE FOR HUMAN SCIENCEENCINITAS, CATO FUND NORMAL OPERATIONS$2k
THE VALLEY HOSPITALPARAMUS, NJTO FUND NORMAL OPERATIONS$1k
MSK GIVING ( MEMORIAL SLOAN KETTERING CANCER CENTER)NY, NYTO FUND NORMAL OPERATIONS$1k
STEVE'S WISH CLIMBPHOENIX, AZTO FUND NORMAL OPERATIONS$1k
LATINO MENTAL HEALTH ASSOCIATION OF NJSPRINGFIELD, NJTO FUND NORMAL OPERATIONS$600
TUNNELS TO TOWERS FOUNDATIONSTATE ISLAND, NYTO FUND NORMAL OPERATIONS$500
RAMAPO BERGEN ANIMAL REFUGE INCOAKLAND, NJTO FUND NORMAL OPERATIONS$265
NETWORK FOR GOODWASHINGTON, DCTO FUND NORMAL OPERATIONS$206
FRANKLIN LAKES VOLUNTEER AMBULANCE CORPFRANKLIN LAKES, NJTO FUND NORMAL OPERATIONS$200
CARING FOR COLOMBIANEW YORK, NYTO FUND NORMAL OPERATIONS$200
FRANKLIN LAKES FIRE DEPTFRANKLIN LAKES, NJTO FUND NORMAL OPERATIONS$150
THE 200 CLUB OF BERGENHACKENSACK, NJTO FUND NORMAL OPERATIONS$100
Compare this foundation's grantees
Pay for the position

Board Vice President pay rose 500% from 2023 to 2024, while revenue fell 52%.

$3k in 2023 to $15k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE VESPA FAMILY FOUNDATIONINC

What does the Board Vice President of THE VESPA FAMILY FOUNDATIONINC earn?

In 2024, the Board Vice President of THE VESPA FAMILY FOUNDATIONINC received $15,000 in total compensation. This pay is below the median (the midpoint) for Board Vice President roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at THE VESPA FAMILY FOUNDATIONINC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board Vice President at THE VESPA FAMILY FOUNDATIONINC falls between the 25th percentile and the median. In 2024, the highest total compensation at THE VESPA FAMILY FOUNDATIONINC equaled 14% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE VESPA FAMILY FOUNDATIONINC's revenue and expenses?

In 2024, THE VESPA FAMILY FOUNDATIONINC reported $14k in total revenue and $105k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.