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Veillette-Nifosi Foundation Inc. is a private corporation based in EAST CHATHAM, NY. The foundation received its IRS ruling in 1999. The principal officer is John H Lavelle. It holds total assets of $736K. Annual income is reported at $383K. Total assets have grown from $494K in 2011 to $712K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New York and District of Columbia. According to available records, Veillette-Nifosi Foundation Inc. has made 37 grants totaling $247K, with a median grant of $2K. Annual giving has grown from $40K in 2020 to $50K in 2023. Grantmaking activity was highest in 2022 with $97K distributed across 16 grants. Individual grants have ranged from $500 to $25K, with an average award of $7K. The foundation has supported 15 unique organizations. Grants have been distributed to organizations in New York and District of Columbia. Contributions to this foundation are tax-deductible.
Smallest Grant
$600
Median Grant
$1K
Average Grant
$7K
Largest Grant
$25K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Veillette-Nifosi Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in NY, DC.
Veillette-Nifosi Foundation Inc. has distributed a total of $247K across 37 grants. The median grant size is $2K, with an average of $7K. Individual grants have ranged from $500 to $25K.
Veillette-Nifosi Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Veillette-Nifosi Foundation Inc. is headquartered in EAST CHATHAM, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sally M Veillette | VICE PRESIDE | $0 | $0 | N/A |
| Jeanne V Bowerman | SEC/TREAS/DI | $0 | $0 | N/A |
| Frances N Veillette | PRES/DIRECTO | $0 | $0 | N/A |
Total Giving
$68K
Total Assets
$712K
Fair Market Value
$1.3M
Net Worth
$712K
Grants Paid
$50K
Contributions
N/A
Net Investment Income
$31K
Distribution Amount
$60K
Total: $654K
Total Grants
37
Total Giving
$247K
Average Grant
$7K
Median Grant
$2K
Unique Recipients
15
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United Methodist ChurchRELIGIOUS | East Chatham, NY | $500 | 2021 |
| Shaker MuseumANNUAL PLEDGE | Chatham, NY | $25K | 2023 |
| Society Of New ConcordGENERAL PURPOSE | E Chatham, NY | $10K | 2023 |
| Ps21 IncMATCHING DONATION | Chatham, NY | $10K | 2023 |
| Gujarati Samaj Of The Capital DistrGRANT | Albany, NY | $1K | 2023 |
| Albany Institute Of History & ArtMEMORIAL | Albany, NY | $1K | 2023 |
| Balanced Innov Teach StrategiesKEITH MEISSNER MEMORIAL FUND | Old Chatham, NY | $1K | 2023 |
| Church Of St JamesANNUAL APPEAL | Chatham, NY | $1K | 2023 |
| Roman Catholic Diocese Of AlbanyDIOCESAN APPEAL | Albany, NY | $600 | 2023 |
| Chatham Public LibraryGRANT PRESERVATION HISTORIC BOOK | Chatham, NY | $6K | 2022 |
| East Chatham Fire CoHISTORICAL PAMPHLET FUND | East Chatham, NY | $2K | 2022 |
| Canaan Historical SocietyHISTORIC PRESERVATION | Canaan, NY | $10K | 2021 |
| Bits (Little Brook Farm)IN MEMORY OF KEITH MEISSNER | Chatham, NY | $1K | 2021 |
| Gonzaga College High SchoolEDUCATIONAL | Washington, DC | $2K | 2020 |
| University Club Of Albany FdtnHISTORIC BUILDING | Albany, NY | $1K | 2020 |