From public IRS filings

VELA EDUCATION FUND

ARLINGTON, VA · Philanthropy & Voluntarism

EIN (Tax ID): 84-4185046Latest Form 990: 2024IRS ruling year: 2020Find their 990 filing →

Mission

CUSTOM EDUCATION PROGRAMS TO MEET FAMILIES LEARNERS' NEEDS, INCREASING AWARENESS OF NONTRADITIONAL EDUCATION, AND ACCELERATING ADOPTION BY MORE FAMILIES AND COMMUNITIES.

Financials (IRS Form 990)

Total revenue
$18.9M
Total expenses
$11.5M
Total assets
$21.4M
Program expense ratio
8844%

Source: IRS Form 990, tax year 2024.

Who funds VELA EDUCATION FUND

$5.7M in foundation grants on record from 7 funders — from IRS 990 grant line items.

FunderTotal givenGrants
National Philanthropic Trust$6M1
Vanguard Charitable Endowment Program$2M2
Greater Houston Community Foundation$844K1
Burton Family Foundation C/O Arizona Community Foundation$360K2
Council on Regional Economic Exp & Educational Development Foundation$300K1
Gs Donor Advised Philanthropy Fund for Wealth Management$300K1
Because We Care Philanthropy$50K1

Leadership

KARA HARTNETT — TREASURER (Principal officer)

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