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Washington, D.C. · Nonprofit

VIETNAM FOUNDATION

VIETNAM FOUNDATION (Washington, D.C.) receives grants from 14 organizations whose IRS filings report $576,792 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($465,000). 4 of them have funded it in more than one year, and 87% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$111k
Funders on record
14
Grants received
$577k
Net assets
$265k
4/14 repeat funderspeak grant-dependency 63%
01What it does

What Vietnam Foundation does

Mission

The Vietnam Foundation is dedicated to improving the lives of the vietnamese people through education by supporting educational training programs and integrating technology innovation. The Vietnam Foundation working with the u.s. National academies brings the expertise of the u.s. Academic community to assist vietnam in the field of education.

As stated on its FY2025 Form 990-EZ.

Programs

  1. Open Education Resource (OER) ProgramTotal expense: $9,947.85

    $9,948 spent
    3% of program spending
  2. Khan Academy Vietnam (KAV)Since 2019, VNF has partnered with Khan Academy USA (Website: khanacademy.org) to launch KAV (Website: vi.khanacademy.org) in order to provide free, high-quality online educational lessons to schools, teachers and students across Vietnam. KAV has become a resounding success, recognized by the international community and putting Vietnam as the number two country in the world (outside the US) for using the Khan Academy platform in classrooms. The program has trained over 25,000 teachers in more than 5,300 public schools to integrate digital tools into their classroom teaching. The results of our program have been impressive. KAV has reached over 2 million studentshalf of them are girlsempowering them to excel in STEM subjects and beyond. This is especially significant in rural and remote areas, where educational resources are often limited, and gender disparities in education can persist. Since our launch, the learners have logged nearly 395 million minutes of active learning, with a growth rate of 3 times vs. year ago in 2023, and 4 times vs. year ago in 2024. More remarkably, the learners have come from all corners of Vietnam from the biggest cities to…

    $212,292 spent
    59% of program spending
  3. Programs for the BlindTotal expense is $15,567.89

    $15,568 spentof which $10,823 as grants
    4% of program spending
  4. Support for schools in underprivileged areas. VNF focused on improving educational access and quality in disadvantaged regions. It supports the construction of schools and provides essential equipment and supplies to schools in mountainous and remote island areas. The program aims to create better learning environments and promote equal opportunities for students in underserved communities.Total expense is $28,339.46

    $28,339 spentof which $5,188 as grants
    8% of program spending
  5. Project See Again Total expense: $3,340.65

    $3,341 spentof which $22,168 as grants
    1% of program spending
  6. Graduate FellowshipThe Graduate Fellowship Program is a long-term initiative by VNF aimed at supporting outstanding graduate students passionate about pursuing advanced degrees in the U.S. and Europe. It provides financial assistance, mentorship, and a strong academic network to help scholars thrive in their studies abroad. The program seeks to empower future leaders who are committed to making meaningful contributions to their communities and fields. In 2024, we granted one scholarship which included full tuition and part of living cost for one outstanding graduate to study MBA in Spain. Total expense is $88,444.91

    $88,445 spentof which $79,184 as grants
    25% of program spending

The 6 programs described on its FY2024 Form 990-EZ. Program spending in total: $357,933.

02The organization over time

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.

100 = 20172017 Revenue 100 ($300k) Expenses 100 ($224k) Net assets 100 ($244k)2018 Revenue 72 ($217k) Expenses 86 ($193k) Net assets 110 ($269k)2019 Revenue 78 ($235k) Expenses 99 ($223k) Net assets 115 ($282k)2020 Revenue 71 ($213k) Expenses 87 ($195k) Net assets 123 ($299k)2021 Revenue 55 ($166k) Expenses 63 ($140k) Net assets 133 ($324k)2022 Revenue 136 ($408k) Expenses 53 ($118k) Net assets 252 ($615k)2023 Revenue 110 ($329k) Expenses 100 ($225k) Net assets 292 ($713k)2024 Revenue 27 ($81k) Expenses 120 ($270k) Net assets 215 ($525k)2025 Revenue 37 ($111k) Expenses 165 ($370k) Net assets 108 ($265k)
'17'18'19'20'21'22'23'24'25
Revenue (37)Expenses (165)Net assets (108)Peer revenue range

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 $324k to $615k (+90%).

$244k
$269k
$282k
$299k
$324k
$615k
$713k
$525k
$265k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

96% of VIETNAM FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (100% for the typical peer).

This organization
Typical peer · 4,945 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$76k
’17
$24k
’18
$13k
’19
$18k
’20
$25k
’21
$290k
’22
$104k
’23
−$189k
’24
−$259k
’25
23
months of
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.

2017201820192020202220232024
Listed4332333
Joined·+1+0··+0+0
No longer listed·20··00
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 4 funders to 2 funders, grant income rose $49k → $206k.

5 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 87% 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 VIETNAM 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

VIETNAM FOUNDATION leans on a few funders — its largest provides 81% of grant income and the top three 91%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

95% 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 VIETNAM FOUNDATION.

81%
largest funder
91%
top three
~2
effective funders

Largest funder’s share by year: 2017 52% · 2018 98% · 2019 58% · 2020 83% · 2021 100% · 2022 100% · 2023 92% — growing more concentrated.

“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

0% of VIETNAM FOUNDATION's funders are still giving 3 years after their first grant; 29% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

87% of VIETNAM 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 $73k that is directly attributable, 100% of it comes from funders outside Washington, D.C., across 7 states.

ME
NY
OR
CT
CA
AZ
GA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
Washington, D.C. out of state home

Funder states come from each funder’s own filing. $504k arriving through sponsors registered in 4 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.

04Its place in the field

Against its field

VIETNAM FOUNDATION's revenue fell 63% between 2017 and 2025.

Operating margin−234% · bottom quartile
Revenue growth (annualized)−12% · bottom quartile

this organization peer median middle 50% of peers· 2,468 international nonprofits $100k–$1M, FY2025

Organizations like VIETNAM 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 Washington, D.C.

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

98%

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 VIETNAM 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.

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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 VIETNAM FOUNDATION?
VIETNAM FOUNDATION (Washington, D.C.) receives grants from 14 organizations whose IRS filings report $576,792 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($465,000). 4 of them have funded it in more than one year, and 87% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does VIETNAM FOUNDATION have?
IRS filings report 14 organizations giving $576,792 in grants to VIETNAM FOUNDATION, 4 of which have funded it in more than one year.
Who is the largest funder of VIETNAM FOUNDATION?
DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $465,000 in grants. The full list of funders is on this page.
How can an organization like VIETNAM FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Vietnam →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 14 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