Overview

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Est.

2020

Latest Fiscal Year

Not available

Organization Type

Grantmaker

AI Summary

VELA EDUCATION FUND is a 501(c)(3) grantmaker that reported $4.7M in total grants paid in filing year 2024. It does not accept unsolicited proposals and makes grants by invitation only; nonprofits can explore warm-introduction pathways via Impala's Funder Prospecting.

Mission Statement

CUSTOM EDUCATION PROGRAMS TO MEET FAMILIESLEARNERS' NEEDS, INCREASING AWARENESS OF NONTRADITIONAL EDUCATION, AND ACCELERATING ADOPTION BY MORE FAMILIES AND COMMUNITIES.
Total Funding Given
$4.7M
2024
Grantees funded
2024
N/A
Multi-year grantees (all time)
0%
Funding by Year
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Total No. of Grants
1
Median 1st year grant
$150K
Median 2nd year grant
N/A
Top 3 Grants
Matched grants only
Grantee
Grant Size
D
Derek Johnson
Board Member
M
Meredith Olson
Board Member
E
Edward Hui
Board Member
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  • 11 grantees
  • 22 board & team members
  • 5 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

Can I submit an unsolicited grant proposal to VELA EDUCATION FUND?
No. VELA EDUCATION FUND does not accept unsolicited proposals. Funding is by invitation only.
Where does VELA EDUCATION FUND give?
VELA EDUCATION FUND primarily gives to organizations located in Illinois, Massachusetts, and Louisiana. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are VELA EDUCATION FUND’s grants?
The largest share of grants from VELA EDUCATION FUND fall in the $1 million to $5 million range. The median first-year grant is about $150 thousand. More detailed grant size data is available to registered users.
How many grants does VELA EDUCATION FUND make each year?
In 2024, VELA EDUCATION FUND awarded about 1 grants, totaling nearly $4.7 million. More detailed grant metrics are available to registered users.
Who did VELA EDUCATION FUND fund recently?
In 2024, VELA EDUCATION FUND awarded grants to about 10 grantees. Recent grantees include NATIONAL PARENTS UNION INC, 4point0 Schools, and CAMELBACK VENTURES. More detailed information on all recent recipients is available to registered users.
How do we apply to VELA EDUCATION FUND?
VELA EDUCATION FUND does not accept unsolicited proposals. Funding is by invitation only.