VELA EDUCATION FUND is a private foundation categorized as Public Charity based in DEERFIELD, IL. Its most recent IRS filing (2024) reports revenue of $18.9M, expenses of $11.5M, total assets of $21.4M. Imperigo tracks 11 reported grants from this foundation totaling approximately $27.4M.
THE VELA EDUCATION FUND EXISTS TO ACCELERATE EDUCATION INNOVATION AND OPPORTUNITY FOR EVERY LEARNER BY: SUPPORTING EVERYDAY ENTREPRENEURS BUILDING CUSTOM EDUCATION PROGRAMS TO MEET FAMILIES LEARNERS' NEEDS, INCREASING AWARENESS OF NONTRADITIONAL EDUCATION, AND ACCELERATING ADOPTION BY MORE FAMILIES AND COMMUNITIES.
How Vela Education Fund divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
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.
Showing up to 5 of 11 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $18.9M | $11.5M | $21.4M |
| 2023 | $18.5M | $13.6M | $13.5M |
| 2022 | $16.1M | $15.0M | $8.3M |
| 2020 | $4.6M | $3.4M | $1.3M |
Between 2020 and 2024, reported annual revenue grew from $4.6M to $18.9M (+314%), with total assets most recently reported at $21.4M.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in AZ, KS, LA, MA, MN, NV, and 3 other states.
Full geographic grant map with state-by-state breakdown available with membership.
