Viles Foundation Inc
- Assets
- $1.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Las Vegas, NM
- Founding
- 09/1960
- Data as of
- 12/2022
- EIN
- 85-6011506
Organization Overview
Viles Foundation Inc is located in Las Vegas, NM. The organization was established in 1960. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Viles Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Viles Foundation Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 42.4% each year . All expenses for the organization totaled $106.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Viles Foundation Inc has awarded 473 individual grants totaling $882,280. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louella Marr-Montoya President | 3 | $0 | |
Huie Ley Vice President | 2 | $0 | |
Merideth Hmura Secretary | 3 | $0 | |
Beatrice Hurtado Treasurer | 3 | $1,000 | |
Oneida L'esperance Director | 2 | $0 | |
Justine Chavez Director | 2 | $650 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,407,140 |
| Interest on Savings | $47 |
| Dividends & Interest | $5,790 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,412,977 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,650 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $763 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $440 |
| Printing and publications | $0 |
| Other expenses | $3,750 |
| Total operating and administrative expenses | $8,118 |
| Contributions, gifts, grants paid | $98,150 |
| Total expenses and disbursements | $106,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,400,025 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,400,025 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Viles Foundation Inc has awarded $98,150 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
LAURA ARCHULETA PURPOSE: EDUCATIONAL SCHOLARSHIP | $2,400 |
KORAZON ROMERO PURPOSE: EDUCATIONAL SCHOLARSHIP | $3,200 |
LETICIA VIGIL PURPOSE: EDUCATIONAL SCHOLARSHIP | $3,200 |
LIANA VIGIL PURPOSE: EDUCATIONAL SCHOLARSHIP | $3,200 |
MADASYN MARTINEZ PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,150 |
MARIAH QUINTANA PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,350 |