Value Mortgage Foundation
CHELMSFORD, MA EIN: 04-3443031
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$4.5M
+29.8% YoY
Annual Giving
$95K
+118.5% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$11K
+118.5% 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 | $4,518,965 | $3,480,915 | $2,908,850 |
| Revenue | — | $231,400 | — |
| Expenses | $96,931 | $44,366 | $70,823 |
| Qualifying Distributions | $190,620 | $87,242 | $133,360 |
| Net Investment Income | $133,221 | $110,739 | $48,058 |
| Distributable Amount | $220,707 | $169,896 | $142,593 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Value Mortgage 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 |
|---|---|---|---|
| Narendra Kapadia | President | 10 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Massachusetts $135K (41%)
Iowa $105K (32%)
Indiana $49K (15%)
Georgia $26K (8%)
New York $10K (3%)
Kansas $5K (2%)
Nebraska $300 (0%)
Cities
AmericusAnderi MumbaiAtlantaBenglaraBooneCalcuttaDist VadodaraLenexaLexingtonLincolnLowellNew YorkReadingTewksburyTownsendWaghodiaWoburn
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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