Private Foundation · IN · Private Grantmaking Foundations
Vafa Foundation Inc
Indianapolis, IN · EIN 273597377 · Website (ProPublica) ↗ · 990s on ProPublica ↗
Assets
$135K
Total Giving
$42K
Grants on File
6
Average Grant
$7K
Giving Radius
Where Vafa Foundation Inc Has Given
Section I
How to Apply
The foundation has not yet developed applications for scholarships and other educational grants. In the future, however, the foundation may use applications that include some or all of the following: - A transcript of prior academic, musical, literary, and/or other achievements, depending on the type of scholarship or other educational grant to be awarded - A report of performance on tests designed to measure ability and aptitude - A description of financial need - An essay written by the applicant describing the applicant's interests and aspirations - A description of past involvement in extracurricular activities - A list of honors and recognitions - Written recommendations by individuals not related to the applicant - The names of the educational institutions to which the applicant intends to apply
On Unsolicited Proposals yes
Restrictions
With respect to scholarships awarded for regular study at an educational institution, each such scholarship generally will continue for the designated term of the scholarship during the recipient's course of study at such institution, so long as the recipient maintains satisfactory progress toward completion of his or her course of study and otherwise conforms to the terms and conditions of this procedure. With respect to scholarships and other educational grants used to achieve a specific objective or to enhance recipients' capacities or skills, the foundation will use the supervision procedures described below to ensure that recipients use such scholarships and other educational grants only for the purpose of developing fully and productively their exceptional talents.
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Kirklan, WA | $3K | 2020 |
| Washington, DC | $5K | 2020 |
| $4K | 2020 | |
| Kirklan, WA | $15K | 2021 |
| $10K | 2022 | |
| Kirklan, WA | $5K | 2022 |
6 grants total
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $126K | $7K | $6K | $3K |
| 2022 | $122K | $7K | $8K | $15K |
| 2021 | $130K | $8K | $22K | $20K |
| 2020 | $127K | $7K | $12K | $14K |
| 2019 | $129K | $8K | $10K | $14K |
| 2015 | $155K | $8K | $17K | $13K |
| 2014 | $152K | $8K | $12K | $9K |
| 2013 | $148K | $8K | $4K | $6K |
Section VII
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