Vip Charitable Foundation Inc
SILVER SPRINGS, MD EIN: 52-2135024
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$551K
-1.5% YoY
Annual Giving
$54K
+79.7% YoY
Grant Count
5
+150.0% YoY
Avg Grant Size
$11K
-28.1% YoY
Go deeper than public filings
PRO- Giving trend analysis — growing or declining?
- Organizations like yours that won grants here
- Strategic fit assessment for your organization
- Application timing recommendations
Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $551,462 | $559,578 | $490,894 |
| Revenue | $48,745 | $99,980 | $117,798 |
| Expenses | $56,861 | $31,296 | $10,386 |
| Qualifying Distributions | $54,679 | $30,614 | $9,795 |
| Net Investment Income | $48,207 | $16,681 | $12,528 |
| Distributable Amount | $65,952 | $49,405 | $43,798 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Vip Charitable Foundation Inc fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
- Similar orgs that won grants here
- GrantGraph™ relationship mapping
- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VIPIN DESAI | PRESIDENT | 2 | — |
| MITAL DESAI | MEMBER | 2 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
District of Columbia $90K (62%)
Maryland $18K (12%)
North Carolina $18K (12%)
New York $9K (6%)
Virginia $7K (5%)
New Jersey $5K (3%)
Cities
BoydsEllicott CityFlushingHamiltonHighlandsMendhamPiscatawaySilver SpringTriangleWashington
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
What could you do with Vip Charitable Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Get AI-generated opportunity briefs
- Monitor for new funding opportunities
- Draft a tailored letter of inquiry