Public Charity

VERTUASSETS FOUNDATION INC

VERTUASSETS FOUNDATION INC is a Public Charity headquartered in ALPHARETTA, GA. Financial data from the 2024 filing: $5.1M revenue, $10.2M expenses, $11.6M total assets. IRS filings disclose 38 grants awarded by this foundation, totaling roughly $53.3M.

EIN: 822328799 ALPHARETTA, GA Public Foundations NTEE: T30 Latest filing: 2024
Total Revenue$5.1M
Total Expenses$10.2M
Total Assets$11.6M
Grants Given38
Grant Total$53.3M
Filing Years2019–2024

Mission

THE ORGANIZATION'S MISSION IS TO ENABLE DONATIONS OF ASSETS TO FUND CAUSES BENEFITING THOSE IN NEED. VERTUASSETS REACHES INDIVIDUALS AND BUSINESSES THAT HAVE A DESIRE TO GIVE CHARITABLY FROM THEIR WEALTH BY DONATING APPRECIATED ASSETS SO THAT MORE FINANCIAL RESOURCES MAY BE GIVEN TO NON PROFIT ORGANIZATIONS.

Where $100 goes at Vertuassets Foundation Inc

How Vertuassets Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$99
Vertuassets enabled donations of assets to fund causes benefiting those in need
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Bruce Neurohr Partial Year
SECR./TREAS./DIRECTOR Dana E Ring
PRESIDENT/DIRECTOR Pamela Pugh
DIRECTOR Ray Tyler

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$42,105,032 22 grants
Religion & Spirituality
$5,185,508 5 grants
Human & Social Services
$480,260 4 grants
Unspecified
$5,567,110 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $5.1M $10.2M $11.6M
2023 $4.9M $11.8M $16.3M
2022 $37.5M $26.9M $22.1M
2020 $6.2M $3.9M $9.3M
2019 $3.1M $4.0M $6.5M

Between 2019 and 2024, reported annual revenue grew from $3.1M to $5.1M (+67%), with total assets most recently reported at $11.6M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AR, AZ, CO, FL, GA, IL, and 4 other states.

ARAZCOFLGAILINKSKYNJ

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for VERTUASSETS FOUNDATION INC

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