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VERGEL FOUNDATION

NEW YORK, NY · EIN 134027930 · Form 990PF · FY2025 · NTEE T23 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$424K
expenses
$431K
net assets
$17.6M
employees
profile · synthesized from sources

VERGEL FOUNDATION is a private foundation based in New York that supports charitable initiatives through grantmaking. The organization funds a diverse range of nonprofits, including arts institutions, educational organizations, LGBTQ+ advocacy groups, and conservation efforts. Its giving focuses on nonprofit support without a single thematic or geographic concentration.

named programs · 1 · from sources

What they call their work

Charitable Grantmaking Program
Provides financial support to nonprofit organizations in the arts, education, LGBTQ+ rights, conservation, and social services
activities · 7 groups

What they do

  • Charitable Grantmaking to Specific Causes 2 activities
    • Funding a diverse portfolio of charitable organizations
      Distributes charitable grants to a broad range of nonprofit organizations across various sectors, including arts, health, education, LGBTQ+ rights, conservation, and religion.
    • Funding health and social service nonprofits
      Supports health and social service organizations through charitable grants, including God's Love We Deliver, which provides meals to individuals with serious illnesses.
  • LGBTQ+ Community Grantmaking 1 activity
    • Funding LGBTQ+ advocacy and community organizations
      Provides charitable grants to organizations supporting LGBTQ+ rights and communities, including Lambda Legal and Congregation Bnai Olam New York.
  • Art Museum Funding and Support 1 activity
    • Funding arts and cultural organizations
      Funds nonprofit arts and cultural institutions in New York, including the New York City Ballet, School of American Ballet, and Leslie-Lohman Museum of Art, through charitable grants.
  • Environmental Conservation Grantmaking 1 activity
    • Funding conservation and environmental initiatives
      Provides charitable grants to organizations focused on wildlife conservation, including The Dian Fossey Gorilla Fund.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding educational institutions
      Supports educational organizations through charitable grants, including New York University and the School of American Ballet.
  • Jewish Religious Institution Support 1 activity
    • Funding religious and faith-based organizations
      Supports religious and faith-based nonprofits through charitable grants, including Congregation Bnai Olam New York.
  • Women's Rights and Empowerment Grants 1 activity
    • Funding reproductive health and rights organizations
      Provides charitable grants to organizations advancing reproductive health and rights, including Planned Parenthood Federation.
financials · form 990PF · fy2025
revenue
Total revenue$424K
Contributions & grants$20K5%
Program service revenue
Investment income$315K74%
Other revenue$89K
expenses
Total expenses$431K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$69K
Grants paid out$533K
balance sheet
Total assets$17.63M
Cash
Investments
Liabilities
Net assets$17.63M
3 years on record · 2020–2025 · YoY revenue +34.2%
leadership · form 990 part vii · fy2025

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
SULLY BONNELLY DIRECTOR 40 $42K
ROBERT R LITTMAN PRESIDENT 40 $21K
JOHN B KOEGEL TREASURER & SECRETARY 5 $7K
relationships · 11

Who they work with

  • BALLET SOCIETY INC Partner — Receives charitable grants from Vergel Foundation
  • CONGREGATION BNAI OLAM NEW YORK Partner — Receives charitable grants from Vergel Foundation
  • DISCALCED INC Partner — Receives charitable grants from Vergel Foundation
  • GOD'S LOVE WE DELIVER Partner — Receives charitable grants from Vergel Foundation
  • LAMBDA LEGAL Partner — Receives charitable grants from Vergel Foundation
  • LESLIE-LOHMAN MUSEUM Partner — Receives charitable grants from Vergel Foundation
  • NEW YORK CITY BALLET Partner — Receives charitable grants from Vergel Foundation
  • NEW YORK UNIVERSITY Partner — Receives charitable grants from Vergel Foundation
  • PLANNED PARENT FEDERATION Partner — Receives charitable grants from Vergel Foundation
  • SCHOOL OF AMERICAN BALLET Partner — Receives charitable grants from Vergel Foundation
  • THE DIAN FOSSEY GORILLA FUND Partner — Receives charitable grants from Vergel Foundation