Vietnamese American Scholarship Fund is a private foundation focused on Education, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.6M in total assets. In 2024, it awarded 5 grants totaling $31K. Net investment income was $496K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.6M
+24.4% YoY
Annual Giving
$31K
-24.8% YoY
Grant Count
5
+150.0% YoY
Avg Grant Size
$6K
-69.9% YoY
Under IRS private-foundation payout rules, Vietnamese American Scholarship Fund reported a distributable amount of $319K for 2024 — the minimum it must pay out in qualifying distributions.
About Vietnamese American Scholarship Fund
Based on IRS filings
Vietnamese American Scholarship Fund is a private foundation focused on Education, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.6M in total assets. In 2024, it awarded 5 grants totaling $31K. Net investment income was $496K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,587,646 | $6,901,991 | $5,159,150 |
| Revenue | $790,555 | $-253,347 | $276,208 |
| Expenses | $197,913 | $154,909 | $65,768 |
| Qualifying Distributions | $197,913 | $154,909 | $7,500 |
| Net Investment Income | $495,897 | — | $20,555 |
| Distributable Amount | $318,620 | $247,969 | $242,171 |
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
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pellissippi State Community College ($10,000), Roane State Community College ($10,000), Oak Ridge Schools ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TuongLai Center | Lectures to students in middle schools regarding defense against abuse | $700 |
| Ibsen Small Stage | Support the Ibsen method to draw out inner thoughts of troubled people as a way to help them heal | $500 |
| Pellissippi State Community College Knoxville, AL | Addition to existing VASF-Jasny fund to support students of Indochinese heritage and are in need. | $10,000 |
| Roane State Community College Harriman, AL | Academic pursuit | $10,000 |
| Oak Ridge Schools Oak Ridge, AL | Assistance to students in need | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Rick N Phung | Trustee | 0.5 | — |
| Betsy Lou | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Vietnamese American Scholarship Fund?
Vietnamese American Scholarship Fund is a private foundation focused on Education, based in LAS VEGAS, NV. It holds $8.6M in total assets as of 2024.
How large is Vietnamese American Scholarship Fund?
As of 2024, Vietnamese American Scholarship Fund holds $8.6M in total assets with $791K in annual revenue. It awarded 5 grants totaling $31K in 2024.
Where does Vietnamese American Scholarship Fund operate?
Vietnamese American Scholarship Fund has awarded grants in Alabama, California, Nevada.
What size grants does Vietnamese American Scholarship Fund award?
In 2024, Vietnamese American Scholarship Fund awarded 5 grants totaling $31K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Vietnamese American Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Vietnamese American Scholarship Fund reported a distributable amount of $319K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Vietnamese American Scholarship Fund's EIN?
Vietnamese American Scholarship Fund's EIN (Employer Identification Number) is 62-1336969. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Vietnamese American Scholarship Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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