VERTUASSETS FOUNDATION INC

EIN 822328799 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

← All sponsors
DAF assets
$15.62M
at fiscal year end
Grants out
$11.39M
from DAF accounts
Contributions in
$5.00M
received into DAFs
Payout rate
72.9%
median is 12.5%
Accounts
24
funds held at year end
Average account
$651K
assets per fund

At 72.9%, this sponsor moved more than half its year-end balance out the door in a single year — roughly 6 times the 12.5% median, and among the most active sponsors of any size.

DAF assets by year

$6.2M
FY2019
$8.9M
FY2020
$10.7M
FY2021
$21.5M
FY2022
$15.6M
FY2023

Grants paid by year

$3.8M
FY2019
$3.6M
FY2020
$7.1M
FY2021
$26.3M
FY2022
$11.4M
FY2023

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 32 grant lines totalling $52.0M across 2019–2024 — $1.6M per line.

$44.8M of this sponsor’s grants went to other DAF sponsors — 86% 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
National Christian Foundation - Apply To Crossroads Donations Account # 166 runs a DAF programEIN 581493949 GA$44.0M
Great Commission Foundation Of Campus Crusade For ChristEIN 952814920 FL$4.6M
Fields Park Trust runs a DAF programEIN 843801960 GA$1.1M
Impact Investing Charitable Foundation Trust runs a DAF programEIN 812375745 KS$452K
Schwab Charitable Fund runs a DAF programEIN 311640316 FL$373K
Deseret Trust CoEIN 870291656 UT$314K
Fidelity Charitable Gift Fund runs a DAF programEIN 110303001 OH$265K
Renaissance Charitable Foundation Inc runs a DAF programEIN 352129262 IN$194K
World HelpEIN 541615454 VA$190K
Focus On The FamilyEIN 953188150 CO$145K
Generosity New York IncEIN 822393529 CT$139K
American Albanian Encouragement FoundationEIN 266487245 AR$93K
North Georgia Community Foundation runs a DAF programEIN 581610318 GA$81K
Saint James Episcopal ChurchEIN 231352452 PA$45K
National Christian Foundation WisconsinEIN 311733328 WI$19K

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, 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.