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Vistex Foundation is a private corporation based in HOFFMAN ESTATES, IL. The foundation received its IRS ruling in 2016. The principal officer is Lori Lea. It holds total assets of $4.4M. Annual income is reported at $296K. Total assets have grown from $1M in 2012 to $4.3M in 2023. The foundation is governed by 2 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 Illinois, California and Washington. According to available records, Vistex Foundation has made 14 grants totaling $346K, with a median grant of $10K. Annual giving has decreased from $196K in 2022 to $150K in 2023. Individual grants have ranged from $100 to $141K, with an average award of $25K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Illinois and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$201
Median Grant
$500
Average Grant
$2K
Largest Grant
$100K
Based on 100 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.
Vistex Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in IL, CA.
Vistex Foundation has distributed a total of $346K across 14 grants. The median grant size is $10K, with an average of $25K. Individual grants have ranged from $100 to $141K.
Vistex Foundation typically selects its grantees rather than accepting unsolicited proposals.
Vistex Foundation is headquartered in HOFFMAN ESTATES, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sanjay Shah | PRESIDENT | $0 | $0 | N/A |
| Arun Roy | TREASURER | $0 | $0 | N/A |
Total Giving
$154K
Total Assets
$4.3M
Fair Market Value
$4M
Net Worth
$4.3M
Grants Paid
$150K
Contributions
$3K
Net Investment Income
$351K
Distribution Amount
$182K
Total Grants
14
Total Giving
$346K
Average Grant
$25K
Median Grant
$10K
Unique Recipients
12
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fellowship Housing CorporationSUPPORT FOR HOMELESS FAMILIES | Hoffman Estates, IL | $110K | 2023 |
| Kennedy Mann ArchitectsTO PROVIDE SUPPORT FOR CONSTRUCTION OF JAIN MUSEUM PROJECT | Chicago, IL | $15K | 2023 |
| Encore Music AcademySUPPORT FOR THE ARTS PROGRAMS | Crystal Lake, IL | $10K | 2023 |
| New Moms IncHOUSING AND JOB TRAINING PROGRAM FOR AT-RISK MOMS | Chicago, IL | $10K | 2023 |
| IndiasporaTO SUPPORT CHARITABLE MISSION OF COMMUNITY AND AWARENESS OF INDIAN AMERICAN ISSUES AND CULTURE | San Francisco, CA | $5K | 2023 |
| Doctors For You InternationalPRIMARY AND SECONDARY CARE HOSPITAL IN HIGH POVERTY AREA OF INDIA | Mumbai | $100 | 2023 |
| Doctors For YouPRIMARY AND SECONDARY CARE HOSPITAL IN HIGH POVERTY AREA OF INDIA | Mumbai | $141K | 2022 |
| Harper College Educational FoundationSCHOLARSHIP PROGRAMS | Palatine, IL | $26K | 2022 |
| College Of Dupage FoundationSCHOLARSHIPS PROGRAMS | Glen Ellyn, IL | $10K | 2022 |
| The Night MinistrySUPPORT FOR HOUSING & HEALTH CARE PROGRAMS FOR THE HOMELESS. | Chicago, IL | $2K | 2022 |
| Alliance Against Intoxicated MotoristsPROGRAM SUPPORT FOR PREVENTION OF DRUNK DRIVING | Schaumburg, IL | $2K | 2022 |
| Sujoy DabethPAYMENT OF COLLEGE TUITION. | Nadia | $545 | 2022 |