North Carolina · Nonprofit
VELLE CARES FOUNDATION INC
VELLE CARES FOUNDATION INC (North Carolina) receives grants from 1 organization whose IRS filings report $50,000 to it, the largest being DUKE UNIVERSITY HEALTH SYSTEM INC ($50,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $73k
- Funders on record
- 1
- Grants received
- $50k
- Net assets
- $7k
What Velle Cares Foundation Inc does
Mission
To serve and assist community based organizations that promote health, education, and life skills for children and families in at risk situations.
As stated on its FY2025 Form 990-EZ.
Programs
Single mother's banquet-honor 300 single mothers annually in the triangle community for their hard work, dedication, and sacrifice for their families.
$53,502 spent81% of program spendingBack to school community day-provided book bags, school supplies, haircuts, and shores for 1200 families in the triangle community.
$11,703 spent18% of program spendingTeacher of the month-honored one teacher a month in the wake county public school system for their hard work, dedication, and devotion to our youth.
$1,163 spent2% of program spending
The 3 programs described on its FY2025 Form 990-EZ. Program spending in total: $66,368.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 $86k to $27k (−68%).
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.
100% of VELLE CARES FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (100% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 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.
Board chair
Terrell Midget
Chairman
As listed on its FY2025 Form 990-EZ.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of VELLE CARES FOUNDATION INC’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.
Where its funders are
100% of VELLE CARES FOUNDATION INC's grant income comes from North Carolina funders.
Funder states come from each funder’s own filing. 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
VELLE CARES FOUNDATION INC runs a healthier operating margin than half of the 9,787 human services nonprofits its size.
this organization peer median middle 50% of peers· 9,787 human services nonprofits under $100k, FY2025
Organizations like VELLE CARES FOUNDATION INC
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 North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for VELLE CARES FOUNDATION INC: 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 VELLE CARES FOUNDATION INC?
- VELLE CARES FOUNDATION INC (North Carolina) receives grants from 1 organization whose IRS filings report $50,000 to it, the largest being DUKE UNIVERSITY HEALTH SYSTEM INC ($50,000). 0 of them have funded it in more than one year.
- How many funders does VELLE CARES FOUNDATION INC have?
- IRS filings report 1 organization giving $50,000 in grants to VELLE CARES FOUNDATION INC.
- Who is the largest funder of VELLE CARES FOUNDATION INC?
- DUKE UNIVERSITY HEALTH SYSTEM INC is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
- How can an organization like VELLE CARES FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. 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 FY2025 (financials across 2021–2025), and the filings of 1 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