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Filing year 2024

VERGEL FOUNDATION

New York, New York·EIN 13-4027930·NTEE T23 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$316k
Total assets
$17.5M
Total expenses
$789k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

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

Director
Unclassified
$100k
$108k
President
Board President
Median to 75th percentile
$75k
$81k

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 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at VERGEL FOUNDATION equaled 13% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
13%
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

$240k

Itemized grants

13

Median grant

$6k

RecipientLocationPurposeAmount
NEW YORK UNIVERSITYNEW YORK, NYCHARITY$85k
NEW YORK CITY BALLETNEW YORK, NYCHARITY$50k
DOMINICAN WOMENS DEVELOPMENT CENTERNEW YORK, NYCHARITY$31k
VARIOUSNEW YORK, NYCHARITY$18k
CONGREGATION BNAI OLAM NEW YORKNEW YORK, NYCHARITY$10k
WORLD MONUMENTS FUNDNEW YORK, NYCHARITY$10k
BROADWAY CARES EQUITYNEW YORK, NYCHARITY$6k
ROTHKO CHAPELHOUSTON, TXCHARITY$5k
SCHOOL OF AMERICAN BALLETNEW YORK, NYCHARITY$5k
MACULAR DEGENERATION REASEARCHCLARKSBURG, MDCHARITY$5k
GOD'S LOVE WE DELIVERNEW YORK, NYCHARITY$5k
ALZHEIMER'S ASSOCIATIONLOS ANGELES, CACHARITY$5k
PLANNED PARENT FEDERATIONNEW YORK, NYCHARITY$5k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), 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 VERGEL FOUNDATION

What does the Board President of VERGEL FOUNDATION earn?

In 2024, the Board President of VERGEL FOUNDATION received $75,000 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board President pay at VERGEL FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2024 pay of the Board President at VERGEL FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at VERGEL FOUNDATION equaled 13% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are VERGEL FOUNDATION's revenue and expenses?

In 2024, VERGEL FOUNDATION reported $316k in total revenue and $789k 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.