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Value Mortgage Foundation is a private corporation based in CHELMSFORD, MA. The foundation received its IRS ruling in 1999. The principal officer is % Narendra Kapadia. It holds total assets of $4.5M. Annual income is reported at $1. Various Food Pantries. According to available records, Value Mortgage Foundation has made 24 grants totaling $277K, with a median grant of $5K. Annual giving has grown from $59K in 2020 to $133K in 2022. Individual grants have ranged from $100 to $55K, with an average award of $12K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Massachusetts, Iowa, Kansas, which account for 71% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Various Food Pantries
Expenses: $43K
Habitat for Humanity
Expenses: $5K
American Red Cross
Expenses: $5K
Doctors Without Borders
Expenses: $5K
Various Food Pantries. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in MA, IA, KS.
Value Mortgage Foundation has distributed a total of $277K across 24 grants. The median grant size is $5K, with an average of $12K. Individual grants have ranged from $100 to $55K.
Value Mortgage Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (043443031) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Value Mortgage Foundation is headquartered in CHELMSFORD, MA. While based in MA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Narendra Kapadia | President | $0 | $0 | $0 |
Total Giving
$44K
Total Assets
$3.5M
Fair Market Value
$3.5M
Net Worth
$3.5M
Grants Paid
$44K
Contributions
$231K
Net Investment Income
$111K
Distribution Amount
$170K
Total: $2.1M
Total Grants
24
Total Giving
$277K
Average Grant
$12K
Median Grant
$5K
Unique Recipients
11
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Heart To HeartMedical Supportto Ukraine | Lenexa, KS | $5K | 2022 |
| Food PantriesProvide food assistance to people in need | Tewksbury, MA | $31K | 2022 |
| Mahvir Jair VidyalayaHigher Education Support | — | $14K | 2022 |
| Red CrossSupport to people in need | Boone, IA | $10K | 2022 |
| Muni Seva AshramFood Supportto the Elderly | — | $5K |
BLUE BELL, PA
NEW YORK, NY
BRIDGEWATER, NJ
HOUSTON, TX
CYPRESS, TX
| 2022 |
| Baps CharitiesSupport to the Needy | Lowell, MA | $1K | 2022 |
| Bridge School PtaSupport forCHildrens Education | Lexington, MA | $500 | 2022 |
| Mission Of DeedsHome Furnishings for Peoplein Need | Reading, MA | $100 | 2022 |
| Doctor Without BordersProvide medical health | New York, NY | $5K | 2020 |
| Habitat For HumanityProvide housing to people in need | Americus, GA | $5K | 2020 |
| Mission Of CharitiesOrphanage | Calcutta, IN | $1K | 2020 |
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