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VITAL PROJECTS FUND INC

New york, NY Tax ID: 13-3711340

Vital Projects Fund Inc, based in New York, supports diverse areas such as arts, education, and health across the US, with assets over $355 million and key figures like David F. Menschel leading its operations.

About VITAL PROJECTS FUND INC

Comprehensive foundation profile based on the most recent IRS Form 990 filing

Vital Projects Fund Inc is a philanthropic organization based in New York, NY, with significant assets totaling over $355 million. The fund supports a wide range of subject areas including arts and culture, education, health, human services, and international development. It has a particular focus on supporting people with disabilities, the performing arts, and health-related initiatives such as HIV and AIDS. The fund operates across numerous cities and states in the United States, including major urban centers like New York, Los Angeles, and Chicago. Key personnel include David F. Menschel, who serves as President, Director, and Treasurer, and other directors such as Marianne Sammarco and Jay Rivlin. The organization reported expenses of approximately $16.5 million and revenue of about $59.7 million. Despite its broad funding scope, the organization does not maintain a public website.

Focus Areas

People with disabilitiesArts and cultureVisual artsPerforming artsDanceTheaterMusicMuseumsEducationHigher educationEnvironmentNatural resourcesHealthIn-patient medical careHospital careRehabilitationDiseases and conditionsImmune system diseasesHIV and AIDSInformation and communicationsLibrariesHuman servicesBasic and emergency aidSpecial population supportHomeless servicesInternational relationsInternational development- Less

Geographic Focus

ALAZCACOCTDCFLGAILKYLAMAMDMIMNMOMSNCNJNM +9 more

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Key Statistics
Total Assets $355.4M
Total Awarded This Year $15.7M
Average Grant Size $506
Total Grants (Previous Year) 28,181
Open to New Applicants
% New Applicants Funded
Contact Information
New york, NY
Geographic Funding Distribution

Financials

Total Assets
$355.4M

+2.6% from previous year

Annual Grants
$15.7M

132 grants awarded in 2024

Expense Ratio
27.6%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$2,705,000PROTEUS FUNDGENERAL SUPPORTAmherst, MA, US2024
$2,205,000PROTEUS FUNDGENERAL SUPPORTAmherst, MA, US2023
$2,050,000PROTEUS FUNDGENERAL SUPPORTAmherst, MA, US2022
$825,000NEW YORK PRESBYTERIAN HOSPITALGENERAL SUPPORTNew york, NY, US2023
$675,000NEW YORK PRESBYTERIAN HOSPITAL - WEILL CORNELL MEDICAL SCHOOLGENERAL SUPPORTNew york, NY, US2024
$560,000CIVIL RIGHTS CORPSGENERAL SUPPORTWashington, DC, US2024
$500,000INVESTIGATIVE REPORTS & EDITORS INCGENERAL SUPPORTColumbia, MO, US2022
$500,000NEW YORK PRESBYTERIAN HOSPITALGENERAL SUPPORTNew york, NY, US2022
$500,000TIDES FOUNDATIONGENERAL SUPPORTSan francisco, CA, US2022
$500,000CIVIL RIGHTS CORPSGENERAL SUPPORTWashington, DC, US2022

People

Leadership & Staff

Compensation data from most recent available 990 forms

DF

DAVID F MENSCHEL

PRESIDENT/DIRECTOR/TREASURER

$100,000 2024
MS

MARIANNE SAMMARCO

ASSISTANT SECRETARY

$75,000 2024
JR

JAY RIVLIN

DIRECTOR

$40,000 2024
RL

RICHARD L MENSCHEL

DIRECTOR

$0 2024
LE

LAUREN E MENSCHEL

SECRETARY/DIRECTOR

$0 2024
Showing 5 of 6 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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