GrantAuthority

Vela Education Fund

Grantmaking foundation in Deerfield, Illinois · EIN 84-4185046

Total giving
$6.2MTax year 2024
Grants made
1Tax year 2024
Total assets
$21MLatest reported
Latest IRS filing
2024Form 990 / 990-PF

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.

Quoted from the foundation's IRS filing.

Giving by year

$2.7M2020
$8.5M2021
$13M2022
$11M2023
$6.2M2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
See Attached$4.7M2024

Amounts are rounded. The full grantee list (1 grants in 2024) is available with a free account.

Website: www.vela.org

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Similar foundations in Illinois

Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.