Public Charity

VELA EDUCATION FUND

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 14 reported grants from this foundation totaling approximately $27.4M.

EIN: 844185046 DEERFIELD, IL Public Foundations NTEE: T30 Latest filing: 2024
Total Revenue$18.9M
Total Expenses$11.5M
Total Assets$21.4M
Grants Given14
Grant Total$27.4M
Filing Years2020–2024

Mission

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.

Sample Grants Given

SEE ATTACHED
DEERFIELD, IL · 2024
Support
$4,742,250
SEE ATTACHED
GLENCOE, IL · 2023
SUPPORT
$9,031,084
SEE ATTACHED
GLENCOE, IL · 2022
VARIOUS
$10,880,332
MALDEN, MA · 2020
SUBGRANTS FOR PANDEMIC RELIEF
$700,000
NEW ORLEANS, LA · 2020
SUBGRANTS FOR PANDEMIC RELIEF
$465,000

Showing up to 5 of 14 total records — full history available with membership.

Officers & Directors

Director of Product Strategy Ashley Ho
BOARD MEMBER (Outgoing) Caleb Offley
BOARD MEMBER Derek Johnson
BOARD MEMBER (Outgoing) Edward Hui
CHIEF OF OPERATIONS Elizabeth Seling
TREASURER Henrich Heuer

Officer compensation and complete director data available with membership.

Top Grant Purposes

VARIOUS
$10,880,332 1 grant
SUPPORT
$9,031,084 1 grant
Support
$4,742,250 1 grant
SUBGRANTS FOR PANDEMIC RELIEF
$2,164,500 5 grants
GENERAL OPERATIONS
$556,000 6 grants

Financial Trends

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.

Grant Geography

Grants from this foundation were reported to recipients in AZ, IL, KS, LA, MA, MN, and 4 other states.

AZILKSLAMAMNNVNYVAWY

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

See the full picture for VELA EDUCATION FUND

Complete financials, all 14 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time