V G C Foundation is a 501(c)(3) organization based in Edgartown, Massachusetts, registered in 2000, with $187,344 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$187K
▲ 16.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$114K
Net assets
$436K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for V G C Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For V G C Foundation: 46 mo reserves · +39% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for V G C Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For V G C Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $154K (FY2013) to $187K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
38.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$436K
Total liabilities
$0
Net assets
$436K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $187,344▲16.5% | $114,435▼33.1% | $435,842▲20.1% | $435,842▲20.1% | 990 |
| 2023 | $160,856▼0.5% | $171,024▲200% | $362,933▼2.7% | $362,933▼2.7% | 990 |
| 2022 | $161,636▲0.7% | $56,933▼34.9% | $373,101▲39.0% | $373,101▲38.2% | 990 |
| 2021 | $160,588▼1.2% | $87,490▼11.4% | $268,398▲37.4% | $270,048▲20.9% | 990 |
| 2020 | $162,605▲2.2% | $98,711▼43.6% | $195,300▲48.6% | $223,300▲28.0% | 990 |
| 2019 | $159,142▲38.4% | $174,924▼16.7% | $131,406▼10.7% | $174,406▲17.9% | 990 |
| 2018 | $114,987▼32.8% | $210,093▼15.9% | $147,188▼39.3% | $147,872▼47.3% | 990 |
| 2017 | $171,032▼1.0% | $249,758▼16.1% | $242,294▼24.5% | $280,370▼12.8% | 990 |
| 2016 | $172,817▲1.7% | $297,551▲45.6% | $321,020▼28.0% | $321,444▼31.8% | 990 |
| 2015 | $169,905▼0.5% | $204,429▲10.2% | $445,754▼7.2% | $471,258▼1.9% | 990 |
| 2014 | $170,838▲11.0% | $185,491▼31.3% | $480,278▼3.0% | $480,278▼3.0% | 990 |
| 2013 | $153,855 | $270,172▲93.0% | $494,931▼19.0% | $494,931▼19.0% | 990 |
| 2012 | — | $140,008▲67.8% | $611,248▼3.9% | $611,248▼4.5% | 990 |
| 2011 | — | $83,457▼10.1% | $636,350▲16.6% | $640,100▲15.8% | 990 |
| 2010 | — | $92,797 | $545,737 | $552,881 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to V G C Foundation totaling $18K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $6,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $6,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $5,500 |
Explore more
Data for V G C Foundation (EIN 04-3524402) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.