Massachusetts · Private foundation
The Vela Foundation
Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.
- $352k
- Granted FY2024(still arriving)
- 17
- Grants FY2024
- 29
- Organizations funded FY2023
- 28%
- First-time grantees FY2023
- Median grant, FY2024
- $20,000
- Largest grant, FY2024
- $81,844
- Organizations funded a year
- 21 to 34
- FY2020 to FY2023
- States reached, FY2024
- 4
- Total assets, FY2024
- $12M
- Applications
- Preselected organizations only
- Per its most recent filing; check its own site
How open it is to new grantees
In FY2023, 28% of the organizations The Vela Foundation funded were first-time grantees, receiving 28% of its grant dollars.
New vs renewed · share of each year
In FY2023, 72% of grant dollars renewed an existing relationship; $100k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 17 | $352k | 18% |
| FY2023 | 29 | $356k | 28% |
| FY2022 | 27 | $515k | 37% |
| FY2021 | 34 | $435k | 82% |
| FY2020 | 21 | $465k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.
Top grantees
Largest recipients by total granted, FY2020 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Boston Medical Center Corporation | $415,000 | 4 | 0% |
| The Family Pantry of Cape Cod Corp | $100,000 | 5 | 0% |
| Adopt a Family Inc | $100,000 | 4 | 62% |
| Coastal Foodshed | $75,000 | 4 | 5% |
| Community Servings Inc | $70,000 | 3 | 0% |
| Franciscan Hospital for Children | $65,000 | 3 | 0% |
| Cape Cod Council of Churches Inc | $65,000 | 4 | n/a |
| Boys & Girls Clubs of Boston Inc | $60,000 | 2 | 0% |
| Wide Horizons for Children Inc | $60,000 | 3 | 1% |
| My Brothers Keeper Inc | $40,000 | 4 | 0% |
Show all 50 grantees
What it could do for these grantees
Plus 20 recipients with no EIN on record ($516k), not named here.
Where it is load-bearing
The Vela Foundation supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 45 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Eastern Bank Foundation · Rockland Trust Charitable Foundation Inc · Cape Cod Five Cents Savings Bank Charitable Foundation Trust · Mutual Bancorp Foundation Inc Fka Cape Cod 5 Foundation Inc · Cape Cod Foundation Inc · Cape and Islands United Way Inc · Bilezikian Family Foundation Inc · Cape Cod Healthcare Inc & Affiliates · Agnes M Lindsay Trust · Arbella Insurance Foundation · Cape & Coast Bank Foundation · Lyndon Paul Lorusso Charitable Foundatio
How this is measured
About The Vela Foundation
- How much does The Vela Foundation give?
- The Vela Foundation reported 17 grants totaling $351,844 in its FY2024 IRS filing. It funded between 21 and 34 organizations a year over FY2020 to FY2023.
- What does The Vela Foundation fund?
- By grant dollars over FY2020 to FY2024, its largest causes are Health (32%), Food & Nutrition (19%), Human Services (14%).
- Who are The Vela Foundation's largest grantees?
- By total granted over FY2020 to FY2024: Boston Medical Center Corporation ($415k), The Family Pantry of Cape Cod Corp ($100k), Adopt a Family Inc ($100k).
- Does The Vela Foundation fund new organizations?
- In FY2023, 28% of the organizations it funded were first-time grantees.
- Does The Vela Foundation accept unsolicited applications?
- Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
- Which funders back the same organizations as The Vela Foundation?
- Its strongest co-funders, measured against what their size predicts, include Eastern Bank Foundation, Rockland Trust Charitable Foundation Inc, Cape Cod Five Cents Savings Bank Charitable Foundation Trust.
- Where is The Vela Foundation based?
- The Vela Foundation is based in MA.
Play a game based on Vela’s filings →