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Vertex Foundation Inc. is a private corporation based in BOSTON, MA. The foundation received its IRS ruling in 2018. The principal officer is Krista Boudreau. It holds total assets of $2.6M. Annual income is reported at $10M. Total assets have decreased from $11.1M in 2019 to $3.2M in 2023. The foundation is governed by 13 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Massachusetts and California. According to available records, Vertex Foundation Inc. has made 214 grants totaling $16.7M, with a median grant of $5K. Annual giving has grown from $7.3M in 2022 to $9.4M in 2023. Individual grants have ranged from $136 to $6.2M, with an average award of $78K. The foundation has supported 180 unique organizations. The foundation primarily supports organizations in Virginia, Florida, Massachusetts, which account for 21% of all grants. Grantmaking reaches organizations across 38 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$969
Median Grant
$100K
Average Grant
$455K
Largest Grant
$5M
Based on 33 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.
Vertex Foundation Inc. primarily funds organizations in the area of human services. Based on available records, the foundation has funded 214 grants. Its grantmaking reaches organizations primarily in VA, FL, MA.
Vertex Foundation Inc. has distributed a total of $16.7M across 214 grants. The median grant size is $5K, with an average of $78K. Individual grants have ranged from $136 to $6.2M.
Vertex Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. Charitable organizations described in section 501(c)(3) of the internal revenue code.
Vertex Foundation Inc. is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 38 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Altshuler | VICE CHAIRMAN/DIRECTOR | $0 | $0 | N/A |
| Michael Parini | CHAIRMAN/DIRECTOR | $0 | $0 | N/A |
| Katharine Jensen | Executive Director/Director | $0 | $0 | N/A |
| Paul Silva | Treasurer | $0 | $0 | N/A |
| Julie Fogarty | SECRETARY | $0 | $0 | N/A |
| Eustacia Macnaught | Director | $0 | $0 | N/A |
| Dottie Caplan | Director (term end 2/6/20) | $0 | $0 | N/A |
| Sabine Hadida | Director | $0 | $0 | N/A |
| Stephanie Franklin | Director | $0 | $0 | N/A |
| Kristy Grimm | Director | $0 | $0 | N/A |
| David Gillen | Director | $0 | $0 | N/A |
| Amit Sachdev | Director (Beg 3/26/2020) | $0 | $0 | N/A |
| Nina Devlin | Director (beg 3/26/2020) | $0 | $0 | N/A |
Total Giving
$9.4M
Total Assets
$3.2M
Fair Market Value
$3.2M
Net Worth
$1.6M
Grants Paid
$8.8M
Contributions
$5M
Net Investment Income
$209K
Distribution Amount
$232K
Total Grants
214
Total Giving
$16.7M
Average Grant
$78K
Median Grant
$5K
Unique Recipients
180
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Charities Aid Foundation Of AmericaDonor advised fund grants | Alexandria, VA | $6.2M | 2023 |
| American Online Giving FoundationDonor advised fund matching gifts | Clearwater, FL | $2.1M | 2023 |
| Enthuse Charitable TrustGENERAL SUPPORT | York | $255K | 2023 |
| Trussell TrustGENERAL SUPPORT | Salisbury | $194K | 2023 |
| Uk Online Giving FoundationDonor advised fund matching gifts | Cirencester | $76K | 2023 |
| Charitable GivingDonor advised fund matching gifts | Tavistock | $62K | 2023 |
| Together We Rise CorpGENERAL SUPPORT | Brea, CA | $24K | 2023 |
| Age UkGENERAL SUPPORT | London | $15K | 2023 |
| Crisis UkGENERAL SUPPORT | London | $14K | 2023 |
| Cradles To CrayonsGENERAL SUPPORT | Newton, MA | $10K | 2023 |
| Canadian Online Giving FoundationDonor advised fund matching gifts | Mississauga | $9K | 2023 |
| Ellie Nordquist - University Of California Santa BarbaraScholarship Recipient | Santa Barbara, CA | $5K | 2023 |
| Alexa Wiker - Michigan State UniversityScholarship Recipient | East Lansing, MI | $5K | 2023 |
| Alexander Killian - University Of Illinois At Urbana-ChampaignScholarship Recipient | Champaign, IL | $5K | 2023 |
| Abigail Leo - Washington And Lee UniversityScholarship Recipient | Lexington, VA | $5K | 2023 |
| Claire Johnson - Northeastern UniversityScholarship Recipient | Boston, MA | $5K | 2023 |
| Abigail Wahl - Colorado Christian UniversityScholarship Recipient | Lakewood, CO | $5K | 2023 |
| Maggie Jenkins - University Of Alabama At BirminghamScholarship Recipient | Birmingham, AL | $5K | 2023 |
| Cassidy Taylor - Eckerd CollegeScholarship Recipient | St Petersburg, FL | $5K | 2023 |
| Abby Shaffer - University Of North Carolina At CharlotteScholarship Recipient | Charlotte, NC | $5K | 2023 |
| Caedmon Kline - Simpson CollegeScholarship Recipient | Indianola, IA | $5K | 2023 |
| Charlotte Ward - Kenyon CollegeScholarship Recipient | Gambier, OH | $5K | 2023 |
| Josh Marchant - Baylor UniversityScholarship Recipient | Waco, TX | $5K | 2023 |
| Elizabeth Nast - University Of Arkansas Community CollegeScholarship Recipient | Batesville, AR | $5K | 2023 |
| Elizabeth Wheeler - University Of Northwestern - St PaulScholarship Recipient | St Paul, MN | $5K | 2023 |
| Ella Gilbert - Utah State UniversityScholarship Recipient | Logan, UT | $5K | 2023 |
| Hannah Mcleod - Cleveland State UniversityScholarship Recipient | Cleveland, OH | $5K | 2023 |
| Ellison Leo - Trinity CollegeScholarship Recipient | Hartford, CT | $5K | 2023 |
| Emily Buchanan - San Diego State UniversityScholarship Recipient | San Diego, CA | $5K | 2023 |
| Emma Higgins - Franciscan University Of SteubenvilleScholarship Recipient | Steubenville, OH | $5K | 2023 |
| Ashley Schellenberg - Taylor UniversityScholarship Recipient | Upland, IN | $5K | 2023 |
| Marcelo Salazar-Barragan - University Of Texas Medical Branch John Sealy ScScholarship Recipient | Galveston, TX | $5K | 2023 |
| Ashley Marchant - Abilene Christian UniversityScholarship Recipient | Abilene, TX | $5K | 2023 |
| Garret Smith - Duke UniversityScholarship Recipient | Durham, NC | $5K | 2023 |
| Gabrielle Couture - Bentley UniversityScholarship Recipient | Waltham, MA | $5K | 2023 |
| Ashleigh Hoskins - University Of EvansvilleScholarship Recipient | Evansville, IN | $5K | 2023 |
| Grace Lidgett - Grace CollegeScholarship Recipient | Winona Lake, IN | $5K | 2023 |
| Haley Demanche - Coastal Carolina UniversityScholarship Recipient | Conway, SC | $5K | 2023 |
| Frances Kiles - University Of California Los AngelesScholarship Recipient | Los Angeles, CA | $5K | 2023 |
| Hannah Buck - Eastern Michigan UniversityScholarship Recipient | Ypsilanti, MI | $5K | 2023 |
| Hannah Sheets - Miami University OxfordScholarship Recipient | Oxford, OH | $5K | 2023 |
| Hope Holderle - Southwest Baptist UniversityScholarship Recipient | Bolivar, MO | $5K | 2023 |
| Ian Wissel - College Of William And MaryScholarship Recipient | Williamsburg, VA | $5K | 2023 |
| Isabelle Gibbs - University Of South Carolina ColumbiaScholarship Recipient | Columbia, SC | $5K | 2023 |
| Jacob Greene - University Of California San Francisco School Of MedicineScholarship Recipient | San Francisco, CA | $5K | 2023 |
| Jordan Shopp - University Of PittsburghScholarship Recipient | Pittsburgh, PA | $5K | 2023 |
| Faith Dunlap - University Of FloridaScholarship Recipient | Gainesville, FL | $5K | 2023 |
| Joshua Hilton - Arizona State UniversityScholarship Recipient | Tempe, AZ | $5K | 2023 |
| Justin Shopp - New York UniversityScholarship Recipient | New York, NY | $5K | 2023 |
| Anthony Silvestri - Mount St Mary'S UniversityScholarship Recipient | Emmitsburg, MD | $5K | 2023 |