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EIN 85-4325575

Visa Vel Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Frisco
State
Texas
Year formed
2022
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Visa Vel Foundation is a private foundation located in Frisco, TX that primarily funds general support. It made one grant last year to Nanban Foundation and continues to provide support to various grantees.
Total revenues
$11,266,142
2022
Total expenses
$124,000
2022
Total assets
$13,713,144
2022
Num. employees
n/a

Grants made by Visa Vel Foundation

GranteeGrant descriptionAmount
Nanban FoundationGneral Support$75,000

Personnel at Visa Vel Foundation

NameTitleCompensation
Sakthivel Palani GounderTrustee$0

Financials for Visa Vel Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$11,266,142
Investment income and dividends$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$11,266,142

Form 990s for Visa Vel Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990PFView PDF
2021-122022-11-05990PFView PDF

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Data update history
January 23, 2024
Posted financials
Added Form 990PF for fiscal year 2022
August 5, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 7, 2023
Updated personnel
Identified 2 new personnel
May 23, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
13185 Juliet Way
Frisco, TX 75035
Metro area
Dallas-Fort Worth-Arlington, TX
Phone
(972) 900-0270
IRS details
EIN
85-4325575
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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