PORTLAND, OR
Vital Projects Fund Inc.
Quick Facts
- EIN
- 133711340
- Location
- PORTLAND, OR
- Category
- General
- Total Assets
- $362.9M
- Annual Income
- $57.2M
- IRS Ruling Year
- 1993
- Organization Type
- Corporation
- Principal Officer
- % Mcdermott Will & Emery Llp
- Tax Deductibility
- Contributions are deductible
About This Foundation
Vital Projects Fund Inc. is a private corporation based in PORTLAND, OR. The foundation received its IRS ruling in 1993. The principal officer is % Mcdermott Will & Emery Llp. It holds total assets of $362.9M. Annual income is reported at $57.2M. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$16.5M
2023+6%
Total Assets
$355.4M
2023-1%
Fair Market Value
$355.4M
2023
Net Worth
$350.9M
2023
Grants Paid
$14.1M
2023
Contributions
$0
2023
Net Investment Income
$58.5M
2023
Distribution Amount
$16.5M
2023
Total Giving by Year
$11.1M
11$11.1M
12$21.3M
13$12.5M
14$12.8M
15$15M
19$19.4M
20$17.5M
21$15.6M
22$16.5M
23Asset Growth
$229.1M
11$244.6M
12$291.8M
13$315.1M
14$314.6M
15$340M
19$357.1M
20$404.6M
21$357.2M
22$355.4M
23Investment Portfolio (2023)
Total: $329.3M
Corporate Stock: $223.8M
Government Obligations: $105.6M
Corporate Stock (68%)
Government Obligations (32%)
Expense Breakdown (2023)
Grants Paid$14.1M
Officer Compensation$215K
Accounting Fees$73K
Legal Fees$6K
Revenue Sources (2023)
- Capital Gains (Net)
- $48M
- Dividends
- $10.6M
- Interest
- $575K
- Other Income
- $552K
Financial Details (2023)
- Total Revenue
- $59.7M
- Total Expenses
- $16.5M
- Exempt Purpose Expenses
- $17.1M
- Required Distribution
- $16.5M
- Undistributed Income
- $14.2M
- Grants Approved (Future)
- $175K
- Total Liabilities
- $4.4M
- Excise Tax
- $814K
- Tax Due
- $692K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
50
Total Giving
$11.3M
Average Grant
$226K
Median Grant
$150K
Grant Range
Min$100K
Max$2M
Median: $150K
Smallest grantLargest grant
Geographic Distribution of Grants
AK
ME
VT
NH
WA
WA: $120K (1)
ID
MT
ND
MN
MN: $200K (1)
WI
MI
MI: $100K (1)
NY
NY: $3.8M (21)
MA
MA: $2.1M (2)
CT
CT: $260K (1)
RI
OR
OR: $190K (1)
NV
WY
SD
IA
IL
IL: $225K (2)
IN
OH
OH: $100K (1)
PA
NJ
CA
CA: $1.1M (5)
UT
CO
CO: $506K (3)
NE
MO
MO: $500K (1)
KY
KY: $100K (1)
WV
VA
MD
MD: $140K (1)
DE
DC
DC: $625K (2)
AZ
NM
KS
AR
TN
NC
NC: $300K (1)
SC
OK
LA
LA: $300K (2)
MS
AL
GA
FL
FL: $356K (2)
HI
TX
TX: $175K (1)
NY$3.8M (21)
MA$2.1M (2)
CA$1.1M (5)
DC$625K (2)
CO$506K (3)
MO$500K (1)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Proteus FundGENERAL SUPPORT | Amherst, MA | $2M | 2021 |
| New York Presbyterian HospitalGENERAL SUPPORT | New York, NY | $500K | 2021 |
| Investigative Reports & Editors IncGENERAL SUPPORT | Columbia, MO | $500K | 2021 |
| Tides FoundationGENERAL SUPPORT | San Francisco, CA | $500K | 2021 |
| Civil Rights CorpsGENERAL SUPPORT | Washington, DC | $500K | 2021 |
| British Schools & Universities FoundationGENERAL SUPPORT | New York, NY | $400K | 2021 |
| Duke UniversityGENERAL SUPPORT | Durham, NC | $300K | 2021 |
| Metropolitan Museum Of ArtGENERAL SUPPORT | New York, NY | $281K | 2021 |
| International Documentary AssocGENERAL SUPPORT | Los Angeles, CA | $265K | 2021 |
| Yale UniversityGENERAL SUPPORT | New Haven, CT | $260K | 2021 |
| City HarvestGENERAL SUPPORT | New York, NY | $250K | 2021 |
| Tides Center (Powell Project)GENERAL SUPPORT | Denver, CO | $231K | 2021 |
| Florida Int'L University FdnGENERAL SUPPORT | Miami, FL | $231K | 2021 |
| Brain & Behavior Research FdnGENERAL SUPPORT | New York, NY | $225K | 2021 |
| Ny Presbyterian - Division Of CardiologyGENERAL SUPPORT | New York, NY | $200K | 2021 |
| Mitchell Hamline School Of LawGENERAL SUPPORT | St Paul, MN | $200K | 2021 |
| Museum Of Modern ArtGENERAL SUPPORT | Manhattan, NY | $200K | 2021 |
| WnycwqxrGENERAL SUPPORT | New York, NY | $200K | 2021 |
| Tulane UniversityGENERAL SUPPORT | New Orleans, LA | $200K | 2021 |
| Lewis & Clark CollegeGENERAL SUPPORT | Portland, OR | $190K | 2021 |
| Social & Enviormental EntrepreneursGENERAL SUPPORT | Calabasas, CA | $180K | 2021 |
| Texas Defender ServiceGENERAL SUPPORT | Houston, TX | $175K | 2021 |
| Human Rights WatchGENERAL SUPPORT | New York, NY | $150K | 2021 |
| Chef Ann FoundationGENERAL SUPPORT | Boulder, CO | $150K | 2021 |
| ThirteenwnetGENERAL SUPPORT | New York, NY | $150K | 2021 |
| National Marfan FoundationGENERAL SUPPORT | Port Washington, NY | $150K | 2021 |
| Baltimore Civic FundGENERAL SUPPORT | Baltimore, MD | $140K | 2021 |
| Nurse Family PartnershipGENERAL SUPPORT | Denver, CO | $125K | 2021 |
| National Public RadioGENERAL SUPPORT | Washington, DC | $125K | 2021 |
| Restore JusticeGENERAL SUPPORT | Chicago, IL | $125K | 2021 |
| Usf Development DonationsGENERAL SUPPORT | Tampa, FL | $125K | 2021 |
| Weill Medical College Of Cornell UnivGENERAL SUPPORT | New York, NY | $125K | 2021 |
| Research Foundation Of The CunyGENERAL SUPPORT | New York, NY | $123K | 2021 |
| Northwest Film ForumGENERAL SUPPORT | Seattle, WA | $120K | 2021 |
| Lincoln Center TheatreGENERAL SUPPORT | New York, NY | $120K | 2021 |
| Center For Community AlternativesGENERAL SUPPORT | Brooklyn, NY | $120K | 2021 |
| Louisiana Parole ProjectGENERAL SUPPORT | Baton Rouge, LA | $100K | 2021 |
| Brennan Center For JusticeGENERAL SUPPORT | New York, NY | $100K | 2021 |
| Tides CenterGENERAL SUPPORT | Los Angeles, CA | $100K | 2021 |
| American Civil Liberties Union FoundationGENERAL SUPPORT | New York, NY | $100K | 2021 |
| New York Public LibraryGENERAL SUPPORT | New York, NY | $100K | 2021 |
| Coalition For The HomelessGENERAL SUPPORT | Louisville, KY | $100K | 2021 |
| Loyola UniversityGENERAL SUPPORT | Chicago, IL | $100K | 2021 |
| Cleveland ClinicGENERAL SUPPORT | Cleveland, OH | $100K | 2021 |
| Regents Of The University Of MichiganGENERAL SUPPORT | Ann Arbor, MI | $100K | 2021 |
| Hospital For Special SurgeryGENERAL SUPPORT | New York, NY | $100K | 2021 |
| Silicon Valley Community FoundationGENERAL SUPPORT | Mountain View, CA | $100K | 2021 |
| Seeds Of PeaceGENERAL SUPPORT | New York, NY | $100K | 2021 |
| Habitat For Humanity New York CityGENERAL SUPPORT | New York, NY | $100K | 2021 |
| Center For Independent DocumentaryGENERAL SUPPORT | Boston, MA | $100K | 2021 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica