New York · Nonprofit
THE VIRTUE FOUNDATION
THE VIRTUE FOUNDATION (New York) receives grants from 12 organizations whose IRS filings report $1,232,865 to it, the largest being THE BLACKBAUD GIVING FUND ($251,000). 8 of them have funded it in more than one year, and 76% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $895k
- Funders on record
- 12
- Grants received
- $1.2M
- Net assets
- $5.6M
What The Virtue Foundation does
Mission
Virtue foundation's mission is to increase awareness, inspire action, and render assistance through initiatives on healthcare, education, and women and justice programs, as well as innovative work in research and analytics.
As stated on its FY2024 Form 990.
Programs
Datamapping for good The Virtue Foundation actionable data mapping initiative (formerly named the "data mapping initiative") is a forward- thinking technology platform that employs machine learning and ai to better match needs and resources in 72 low and low-middle income countries. This first of its kind platform provides medical professionals and other global health actors with the information they need to best deploy their time, talent and resources. Born of years of on the ground global medical and surgical missions in underserved regions of the world, the platform leverages predictive analytics and machine learning algorithms to analyze geospatial data, infrastructure, risk factors, environmental conditions as well as other factors to arrive at insights critical to improving the delivery of healthcare to those most in need. Designed to create a more efficient marketplace for the delivery of healthcare in underserved regions of the world, the platform, through a simple, free user-friendly interface, seeks to provide individuals, non- profits, governments, and companies with more efficient access to data needed to help make critical decisions on the how to most efficiently…
$289,259 spent71% of program spendingThe Virtue Foundation provided a variety of advanced medical and surgical treatments in mongolia including ophthalmology, oculoplastic surgery, otorhinolaryngology, anesthesiology and intensive care, hepatobiliary surgery, and neurosurgery. In addition to the clinical work, mongolian doctors are taught and trained in sustainable skills and knowledge transfer is a key pillar of every virtue foundation mission. The foundation also provided medical and surgical care as well as educational initiatives in the underserved northwest region, including tumu and wa in ghana. Virtue foundation also supported medical and surgical missions in ukraine.
$120,981 spent29% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $410,240.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $5.2M to $2.9M (−45%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 3% · 2021 1%. Grants only. Government contracts and fees sit inside program revenue.
75% of THE VIRTUE FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (84% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 8 funders, grant income rose $8k → $651k.
7 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 76% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THE VIRTUE FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE VIRTUE FOUNDATION has a broad base — no single funder exceeds 20% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
76% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE VIRTUE FOUNDATION.
Largest funder’s share by year: 2018 100% · 2020 82% · 2021 65% · 2022 47% · 2023 39% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
60% of THE VIRTUE FOUNDATION's funders are still giving 3 years after their first grant; 67% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
76% of THE VIRTUE FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $290k that is directly attributable, 69% of it comes from funders outside New York, across 2 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $943k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE VIRTUE FOUNDATION runs a healthier operating margin than three-quarters of the 3,130 public benefit nonprofits its size.
this organization peer median middle 50% of peers· 3,130 public benefit nonprofits $100k–$1M, FY2024
Organizations like THE VIRTUE FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
98%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for THE VIRTUE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE VIRTUE FOUNDATION?
- THE VIRTUE FOUNDATION (New York) receives grants from 12 organizations whose IRS filings report $1,232,865 to it, the largest being THE BLACKBAUD GIVING FUND ($251,000). 8 of them have funded it in more than one year, and 76% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THE VIRTUE FOUNDATION have?
- IRS filings report 12 organizations giving $1,232,865 in grants to THE VIRTUE FOUNDATION, 8 of which have funded it in more than one year.
- Who is the largest funder of THE VIRTUE FOUNDATION?
- THE BLACKBAUD GIVING FUND is the largest funder on record, with $251,000 in grants. The full list of funders is on this page.
- How can an organization like THE VIRTUE FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing