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
Geographic Focus
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Financials
+2.6% from previous year
132 grants awarded in 2024
Of total revenue spent on programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $2,705,000 | PROTEUS FUND | GENERAL SUPPORT | Amherst, MA, US | 2024 |
| $2,205,000 | PROTEUS FUND | GENERAL SUPPORT | Amherst, MA, US | 2023 |
| $2,050,000 | PROTEUS FUND | GENERAL SUPPORT | Amherst, MA, US | 2022 |
| $825,000 | NEW YORK PRESBYTERIAN HOSPITAL | GENERAL SUPPORT | New york, NY, US | 2023 |
| $675,000 | NEW YORK PRESBYTERIAN HOSPITAL - WEILL CORNELL MEDICAL SCHOOL | GENERAL SUPPORT | New york, NY, US | 2024 |
| $560,000 | CIVIL RIGHTS CORPS | GENERAL SUPPORT | Washington, DC, US | 2024 |
| $500,000 | INVESTIGATIVE REPORTS & EDITORS INC | GENERAL SUPPORT | Columbia, MO, US | 2022 |
| $500,000 | NEW YORK PRESBYTERIAN HOSPITAL | GENERAL SUPPORT | New york, NY, US | 2022 |
| $500,000 | TIDES FOUNDATION | GENERAL SUPPORT | San francisco, CA, US | 2022 |
| $500,000 | CIVIL RIGHTS CORPS | GENERAL SUPPORT | Washington, DC, US | 2022 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
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 |
DAVID F MENSCHEL
PRESIDENT/DIRECTOR/TREASURER
MARIANNE SAMMARCO
ASSISTANT SECRETARY
JAY RIVLIN
DIRECTOR
RICHARD L MENSCHEL
DIRECTOR
LAUREN E MENSCHEL
SECRETARY/DIRECTOR
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025