The Veloo Foundation
DRAPER, UT EIN: 20-4795396
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$10K
-84.9% YoY
Annual Giving
$125K
+66.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$125K
+66.7% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,066 | $66,866 | $48,279 |
| Revenue | $81,750 | $110,627 | $102,950 |
| Expenses | $138,550 | $92,040 | $95,010 |
| Qualifying Distributions | $125,000 | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $1,894 | $2,835 | $2,182 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Veloo Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHELVAN VELOO | TRUSTEE | 1 | — |
| JULIE VELOO | TRUSTEE | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Utah $360K (100%)
States
Cities
Draper
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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