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Nonprofit · EIN 26-1102664

VELAJ FOUNDATION INC

Tax-exempt · STAMFORD, CT 06911

Financials

$129K$400K2023$441K$377K2024$230K$483K2025
Revenue Expenses · by fiscal year end
Financials of VELAJ FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$230,402$482,688-$252,286$3,750,847$0$3,750,847
December 31, 2024990-PF$441,230$377,389$63,841$4,003,133$0$4,003,133
December 31, 2023990-PF$128,797$400,120-$271,323$3,939,292$0$3,939,292
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$107,178
Interest
$430
Net gain from sales of assets
$122,480
Other income
$314

Expenses

Grants and similar amounts paid
$256,300
Compensation of officers, directors and key employees
$125,817
Disbursements for charitable purposes
$432,604
Excise tax on investment income
$2,643

Balance sheet and other

Total assets, start of year
$4,003,133
Total assets, end of year
$3,750,847
Total liabilities, end of year
$0
Net assets, end of year
$3,750,847
Fair market value of assets
$4,049,100
Qualifying distributions
$432,604
Net investment income
$230,402

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ALEXANDER VELAJ
PO BOX 110306, STAMFORD, CT 069110306
DIRECTOR, PRESIDENT40$98,817
PATRICIA WELLS VELAJ
PO BOX 110306, STAMFORD, CT 069110306
DIRECTOR, VP, TREASURER, SECRETARY4$19,000
GRACE C VELAJ
PO BOX 110306, STAMFORD, CT 069110306
DIRECTOR, ASST TREAS, PROGRAM OFFICER1$5,000
CAROLINE A VELAJ
PO BOX 110306, STAMFORD, CT 069110306
DIRECTOR (BEGAN 04/03/2025)1$3,000
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
ALEXANDER VELAJ
PO BOX 110306, STAMFORD, CT 069110306
DIRECTOR, PRESIDENT40$92,400
PATRICIA WELLS VELAJ
PO BOX 110306, STAMFORD, CT 069110306
DIRECTOR, VP, TREASURER, SECRETARY1.5$14,000
GRACE C VELAJ
PO BOX 110306, STAMFORD, CT 069110306
DIRECTOR, PROGRAM OFFICER1$4,000
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
ALEXANDER VELAJ
PO BOX 110306, STAMFORD, CT 069110306
DIRECTOR, PRESIDENT40$92,400
PATRICIA WELLS VELAJ
PO BOX 110306, STAMFORD, CT 069110306
DIRECTOR, VP, TREASURER, SECRETARY1.5$14,000
NICOLE R VELAJ THRU 20230702
PO BOX 110306, STAMFORD, CT 069110306
DIRECTOR1$7,500
GRACE C VELAJ BEGAN 20230707
PO BOX 110306, STAMFORD, CT 069110306
DIRECTOR, PROGRAM OFFICER1$1,000

Address and contacts

Address (IRS master file)
PO BOX 110306, STAMFORD, CT 06911-0306
In care of
% ALEXANDER VELAJ
Signed the 990-PF
ALEXANDER VELAJ, PRESIDENT
Phone
(203) 912-3731
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
26-1102664
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2007
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,750,847
Income (IRS master file)
$1,193,249

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$230,402$482,688$3,750,847XML
990-PFDecember 2024$441,230$377,389$4,003,133XML
990-PFDecember 2023$128,797$400,120$3,939,292XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1102664).

Questions about VELAJ FOUNDATION INC

What is the EIN of VELAJ FOUNDATION INC?
The employer identification number (EIN) of VELAJ FOUNDATION INC is 26-1102664.
Is VELAJ FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to VELAJ FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does VELAJ FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of VELAJ FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VELAJ FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of VELAJ FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 4 people; 4 received compensation from the organization, the highest $98,817 (ALEXANDER VELAJ, DIRECTOR, PRESIDENT).
How much revenue does VELAJ FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $230,402, expenses of $482,688 and total assets of $3,750,847 at year end.

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