VENN FOUNDATION

EIN 814476503 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2024.

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DAF assets
$18.35M
at fiscal year end
Grants out
$395K
from DAF accounts
Contributions in
$6.47M
received into DAFs
Payout rate
2.2%
median is 12.5%
Accounts
140
funds held at year end
Average account
$131K
assets per fund

At 2.2%, this sponsor granted less than the 5% a private foundation is legally required to distribute, and paid out about one tenth of the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$0
FY2019
$4.0M
FY2020
$8.9M
FY2021
$14.7M
FY2022
$13.2M
FY2023
$18.4M
FY2024

Grants paid by year

$25K
FY2019
$162K
FY2020
$217K
FY2021
$108K
FY2022
$396K
FY2023
$395K
FY2024

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 15 grant lines totalling $1.3M across 2019–2024 — $88K per line.

$732K of this sponsor’s grants went to other DAF sponsors — 56% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Infaith Community Foundation runs a DAF programEIN 411802412 MN$444K
World Pediatric ProjectEIN 541953305 VA$302K
National Philanthropic Trust runs a DAF programEIN 237825575 PA$255K
YouthpriseEIN 274126970 MN$146K
Better Future ForwardEIN 914772781 MN$100K
Greater New Orleans Development FoundationEIN 721177207 LA$36K
The Minneapolis Foundation runs a DAF programEIN 416029402 MN$33K

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2024, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.