GrantExec, a Euna Solutions® company

Vela Education Fund

EIN: 844185046
Does Not Accept Unsolicited Applications
In-State Only

Vela Education Fund is an Illinois private foundation. Awards $4,742,250 annually. Through 1 grants, median $5M. Invite-only. Assets: $21M.

Total Assets
$21.4M
Key Financial Metrics (2024)

Total Giving

$4.7M

Number of Grants

1

Median Grant

$4.7M

Grant Range

$4.7M - $4.7M

Historical Giving Trends
YearAssetsTotal Giving# GrantsMedian Grant
2024$21.4M$4.7M1$4.7M
2023$13.5M$9.0M1$9.0M
2022$8.3M$10.9M1$10.9M
Quick Facts

Location

Illinois

Return Type

990

Most Recent Filing

2024

Annual Expenses

$11.5M

Giving Rate

22.2% of assets

Application Policy

Accepts Applications

No - Invite Only

Geographic Restriction

In-State Only