ARLINGTON, VA
Vela Education Fund
Quick Facts
- EIN
- 84-4185046
- Location
- ARLINGTON, VA
- Category
- Philanthropy & Grantmaking
- NTEE Code
- T30
- Total Assets
- $21.4M
- Annual Income
- $18.9M
- Annual Revenue
- $18.9M
- IRS Ruling Year
- 2020
- Tax Subsection
- 501(c)(03)
About This Organization
Vela Education Fund is a nonprofit organization based in ARLINGTON, VA. It received its IRS tax-exempt ruling in 2020. The organization is classified under IRC Section 501(c)(03). It operates in the area of philanthropy & grantmaking. Total assets are reported at $21.4M. Annual income is $18.9M. The organization has received $26.7M in foundation grants from 3 funders.
Grants Received from Foundations
Foundation grants awarded to Vela Education Fund, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Walton Family Foundation Inc. | $1M | 2024 | To invest in and build the capacity of education entrepreneurs operating alternative school models. |
| Walton Family Foundation Inc. | $5M | 2023 | To invest in education innovation occurring outside the bounds of traditional school, reaching millions of underserved students and families. |
| Beth And Ravenel Curry Foundation | $1M | 2023 | RESTRICTED - $1,000,000 FOR SCHOOLS THAT FOCUS ON CORE LEARNING, STEM, CAREER & TECHNICAL EDUCATION, AND ECONOMICS & ENTREPRENEURSHIP |
| Walton Family Foundation Inc. | $6M | 2022 | To invest in education innovation occurring outside the bounds of traditional school, reaching millions of underserved students and families. |
| Walton Family Foundation Inc. | $6M | 2022 | To invest in education innovation occurring outside the bounds of traditional school, reaching millions of underserved students and families. |
| Beth And Ravenel Curry Foundation | $1M | 2022 | UNRESTRICTED |
| Beth And Ravenel Curry Foundation | $1M | 2022 | UNRESTRICTED |
| Charles Koch Foundation | $300K | 2022 | General operating support |
| Charles Koch Foundation | $300K | 2022 | General operating support |
| Walton Family Foundation Inc. | $5M | 2021 | To catalyze and raise awareness of innovative, out-of-system approaches to education, especially those supporting historically underserved communities. |
| Beth And Ravenel Curry Foundation | $100K | 2021 | UNRESTRICTED |
Frequently Asked Questions
What does Vela Education Fund do?
Vela Education Fund is a nonprofit organization focused on philanthropy & grantmaking, based in ARLINGTON, VA. It is classified under IRC Section 501(c)(03).
Who funds Vela Education Fund?
Vela Education Fund has received foundation grants from Walton Family Foundation Inc., Beth And Ravenel Curry Foundation, Charles Koch Foundation, and others.
What is Vela Education Fund's annual revenue?
Vela Education Fund reports total assets of $21.4M. Annual income is $18.9M.
Where is Vela Education Fund located?
Vela Education Fund is located in ARLINGTON, VA.
Is Vela Education Fund a 501(c)(3)?
Yes, Vela Education Fund is a 501(c)(3) tax-exempt organization. Its EIN is 84-4185046. Donations to this organization may be tax-deductible.
Research This Organization
Similar Organizations in Philanthropy & Grantmaking
Charities Aid Foundation America
ALEXANDRIA, VA
Marine Toys For Tots Foundation
TRIANGLE, VA
Barbara Brunckhorst Foundation
RICHMOND, VA
Endeavour Legacy Foundation
RICHMOND, VA
Donors Trust Inc.
Alexandria, VA
Red Gates Foundation
RICHMOND, VA
More Organizations in Virginia
Is this your organization?
Claim your profile to add programs, impact data, leadership bios, and earn a Granted Transparency Badge. Verified organizations rank higher in search results.
Claim This Organization