Victoria Foundation Inc

NEWARK, NJ EIN: 22-1554541

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$334.7M

+9.8% YoY

Annual Giving

$12.8M

+11.3% YoY

Grant Count

148

-5.7% YoY

Avg Grant Size

$87K

+18.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7M$13M$20M$27M20202021202220232024
Metric202420232022
Total Assets$334,731,480$304,923,310$286,975,851
Revenue$19,591,024$7,638,713$3,354,675
Expenses$17,196,484$15,298,215$15,795,242
Qualifying Distributions$16,194,686$14,479,536$14,912,114
Net Investment Income$18,709,021$6,891,741$4,250,477
Distributable Amount$16,058,782$14,321,665$14,756,993

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$7M$10M$14M163 grants2020260 grants2021172 grants2022157 grants2023148 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

IRONBOUND COMMUNITY CORP…$500KNEW JERSEY INSTITUTE FOR…$500KNEW COMMUNITY CORPORATION$400KFOCUS HISPANIC CENTER FO…$300KLA CASA DE DON PEDRO$300KLEADERS FOR LIFE INC$300KLEADERSHIP NEWARK INC$300KNEW JERSEY PERFORMING AR…$300KSADIE NASH LEADERSHIP PR…$300KTHE GEM PROJECT INC$300K

Grant Size Distribution

900 grants across all recorded years

483<$50K252$50–100K118$100–250K39$250–500K5$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Victoria Foundation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CRAIG L DRINKARDEXECUTIVE OFFICER & ASST. SE…$441K

From 2024 filing

NameTitleHoursCompensation
FRANK ALVAREZPRESIDENT5
MARGARET H PARKER1ST VICE PRESIDENT2
ROBERT CLARK2ND VICE PRESIDENT2
GARY M WINGENSTREASURER2
SARAH CHUBB SAUVAYRESECRETARY2
HENRY AMOROSOTRUSTEE2
ANA BAPTISTATRUSTEE2
AMINA BEYTRUSTEE2
SALLY CHUBBTRUSTEE (THRU 01/29/2024)2
ROBERT HOLMES ESQTRUSTEE (THRU 06/18/2024)2
FRANKLIN E PARKER IVTRUSTEE2
JOHN F PARKERTRUSTEE2
SARA PENATRUSTEE2
DENISE RODGERSTRUSTEE2
BEI SAVILLETRUSTEE2
AQEELA SHERRILLSTRUSTEE2
CRAIG L DRINKARDEXECUTIVE OFFICER & ASST. SECRETARY50$440,595
DE'SHAWN WRIGHTTRUSTEE (FROM 6/18/2024)2

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

5states

Cities

BaltimoreBedminsterBernardsvilleBoontonBronxBrooklynChathamChesterChicagoClaryvilleCliftonDingmans FerryEast HanoverEast OrangeElizabethElmerEwingFar HillsFlemingtonFreehold

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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