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Filing year 2024

VICTORIA FOUNDATION INC

Newark, New Jersey·EIN 22-1554541·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$19.6M
Total assets
$334.7M
Total expenses
$17.2M
Reported officers
18

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

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

Executive Officer & Asst. Secretary
Board Secretary
Above 90th percentile
$441k
$476k

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 17 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 VICTORIA FOUNDATION INC equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
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

$12.8M

Itemized grants

148

Median grant

$58k

RecipientLocationPurposeAmount
IRONBOUND COMMUNITY CORPORATIONNEWARK, NJVICTORIA FOUNDATION CENTENNIAL IMPACT AWARD TO SUPPORT GENERAL OPERATIONS$500k
NEW JERSEY INSTITUTE FOR SOCIAL JUSTICE INCNEWARK, NJVICTORIA FOUNDATION CENTENNIAL IMPACT AWARD TO SUPPORT GENERAL OPERATIONS$500k
NEW COMMUNITY CORPORATIONNEWARK, NJTO SUPPORT GENERAL OPERATIONS$400k
FOCUS HISPANIC CENTER FOR COMMUNITY DEVELOPMENT INCNEWARK, NJTO SUPPORT GENERAL OPERATIONS AS PART OF THE VICTORIA FOUNDATION CENTENNIAL IMPACT AWARD$300k
LA CASA DE DON PEDRONEWARK, NJTO SUPPORT GENERAL OPERATIONS$300k
LEADERS FOR LIFE INCNEWARK, NJVICTORIA FOUNDATION CENTENNIAL IMPACT AWARD TO SUPPORT GENERAL OPERATIONS$300k
LEADERSHIP NEWARK INCNEWARK, NJVICTORIA FOUNDATION CENTENNIAL IMPACT AWARD TO SUPPORT GENERAL OPERATIONS$300k
NEW JERSEY PERFORMING ARTS CENTERNEWARK, NJTO SUPPORT GENERAL OPERATIONS$300k
SADIE NASH LEADERSHIP PROJECT INCNEW YORK, NYVICTORIA FOUNDATION CENTENNIAL IMPACT AWARD TO SUPPORT GENERAL OPERATIONS$300k
THE GEM PROJECT INCNEWARK, NJVICTORIA FOUNDATION CENTENNIAL IMPACT AWARD TO SUPPORT GENERAL OPERATIONS$300k
URBAN LEAGUE OF ESSEX COUNTYNEWARK, NJTO SUPPORT GENERAL OPERATIONS$300k
IRONBOUND COMMUNITY CORPORATIONNEWARK, NJTO SUPPORT GENERAL OPERATIONS$285k
LOCAL INITIATIVES SUPPORT CORPORATIONNEW YORK, NYTO SUPPORT THE THRIVING NEIGHBORHOODS INITIATIVE AT LISC NEWARK$250k
UNIFIED VAILSBURG SERVICES ORGANIZATIONNEWARK, NJTO SUPPORT GENERAL OPERATIONS$250k
YOUTH BUILD NEWARK DBA NEWARK OPPORTUNITY YOUTH NETWORK (NOYN)NEWARK, NJTO SUPPORT MY BROTHER'S KEEPER$250k
THE NEWARK MUSEUM OF ARTNEWARK, NJTO SUPPORT GENERAL OPERATIONS$220k
TRUST FOR PUBLIC LAND NEW JERSEY FIELD OFFICENEWARK, NJTO SUPPORT GENERAL OPERATIONS$220k
COMMUNITY FOUNDATION OF NEW JERSEYMORRISTOWN, NJTO SUPPORT THE MAYOR'S SUMMER YOUTH EMPLOYMENT PROGRAM IN NEWARK$200k
YOUTH BUILD NEWARK DBA NEWARK OPPORTUNITY YOUTH NETWORK (NOYN)NEWARK, NJTO SUPPORT GENERAL OPERATIONS$200k
NEWARK ALLIANCE INCNEWARK, NJTO SUPPORT CAPACITY-BUILDING AND LEVERAGING FUNDS FOR COMMUNITY-BASED NEWARK PROJECTS$150k
SOUTH WARD ALLIANCENEWARK, NJTO SUPPORT SOUTH WARD PROMISE NEIGHBORHOOD'S COMMITMENT TO ADDRESSING COMMUNITY HEALTHCARE NEEDS VIA THE SOUTH WARD WELLNESS CENTER$140k
LA CASA DE DON PEDRONEWARK, NJTO SUPPORT LA CASA'S COMPREHENSIVE REAL ESTATE PORTFOLIO ASSESSMENT IN THE LOWER BROADWAY NEIGHBORHOOD$137k
GIRL SCOUTS HEART OF NEW JERSEY INCNORTH BRANCH, NJLEGACY GRANT IN HONOR OF SALLY CHUBB TO SUPPORT GENERAL OPERATIONS$125k
NEWARK ARTSNEWARK, NJLEGACY GRANT IN HONOR OF SALLY CHUBB TO SUPPORT GENERAL OPERATIONS$125k
COMMUNITY FOUNDATION OF NEW JERSEYMORRISTOWN, NJTO SUPPORT THE THRIVING NEIGHBORHOODS INITIATIVE IMPACT FUND (TNI)$120k
Compare this foundation's grantees

Up 11%
from 2023

From $395k in 2023 to $441k in 2024.

$395k
2023
$441k
2024
In today's dollarsEst.
Up 7% in real terms$444k to $476k

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.

Pay for the position

Board Secretary pay rose 11% from 2023 to 2024, while revenue rose 156%.

$395k in 2023 to $441k in 2024.

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

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), 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 VICTORIA FOUNDATION INC

What does the Board Secretary of VICTORIA FOUNDATION INC earn?

In 2024, the Board Secretary of VICTORIA FOUNDATION INC received $440,595 in total compensation. This pay is in the top 10% for Board Secretary roles among Philanthropy, Voluntarism & Grantmaking organizations in New Jersey: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Secretary pay at VICTORIA FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, the 2024 pay of the Board Secretary at VICTORIA FOUNDATION INC falls in the top 10%. In 2024, the highest total compensation at VICTORIA FOUNDATION INC equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are VICTORIA FOUNDATION INC's revenue and expenses?

In 2024, VICTORIA FOUNDATION INC reported $19.6M in total revenue and $17.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.