Visa Vel Foundation
FRISCO, TX EIN: 85-4325575
Financial Overview
From 2022 IRS Form 990-PF
Total Assets
$13.7M
+433.4% YoY
Annual Giving
$124K
+1671.4% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$62K
+785.7% 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 | 2022 | 2021 |
|---|---|---|
| Total Assets | $13,713,144 | $2,571,002 |
| Revenue | $11,266,142 | $2,578,497 |
| Expenses | $124,000 | $7,495 |
| Qualifying Distributions | $124,000 | $7,000 |
| Net Investment Income | — | — |
| Distributable Amount | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2022
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Visa Vel Foundation 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 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SAKTHIVEL PALANI GOUNDER | TRUSTEE | 4 | — |
| VIDHYA RASU | TRUSTEE | 4 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Texas $82K (100%)
States
Cities
Frisco
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
What could you do with Visa Vel Foundation on Grantable?
- Assess strategic fit with your organization
- Get AI-generated opportunity briefs
- Monitor for new funding opportunities
- Draft a tailored letter of inquiry