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Nonprofit · EIN 47-1968972

VIR FIDELIS FUND

Tax-exempt · STATEN ISLAND, NY 10306

Financials

$429K$1.5M2022$1M$1.1M2023$1M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of VIR FIDELIS FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$1,037,204$2,080,503-$1,043,299$3,217,199$34,807$3,182,392
August 31, 2024990$1,043,814$1,067,607-$23,793$4,007,981$5,322$4,002,659
August 31, 2023990$429,459$1,527,942-$1,098,483$3,767,685$42,333$3,725,352
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$947,548
Program service revenue
$0
Investment income
$89,656
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,866,539
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$7,245
Program services (functional)
$1,990,047
Management and general (functional)
$90,456

Balance sheet and other

Total assets, start of year
$4,007,981
Total assets, end of year
$3,217,199
Total liabilities, end of year
$34,807
Net assets, end of year
$3,182,392
Publicly traded securities
$2,643,840
Net assets without donor restrictions
$2,858,527
Net assets with donor restrictions
$323,865
Gross receipts
$1,037,204
Employees
0
Year formed
2014
State of legal domicile
NY

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 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Fr Louis JeromeDirector
Trustee or director
2$0
Lou BergonziSecretary
Trustee or director, Officer
2$0
Philip GeraciDirector
Trustee or director
2$0
Brendan CameronTreasurer
Trustee or director, Officer
2$0
Jack McGowanDirector
Trustee or director
2$0
Chris MitrovichDirector
Trustee or director
2$0
John LeoneVice Chairman
Trustee or director, Officer
2$0
Joseph VaszilyChairman
Trustee or director, Officer
2$0
John MascariDirector
Trustee or director
2$0
990 for the year ended August 31, 2024: 9 people
NameTitleHours / weekCompensation
Fr Louis JeromeDirector
Trustee or director
2$0
Lou BergonziSecretary
Trustee or director, Officer
2$0
Philip GeraciDirector
Trustee or director
2$0
Brendan CameronTreasurer
Trustee or director, Officer
2$0
Jack McGowanDirector
Trustee or director
2$0
Chris MitrovichDirector
Trustee or director
2$0
John LeoneVice Chairman
Trustee or director, Officer
2$0
Joseph VaszilyChairman
Trustee or director, Officer
2$0
John MascariDirector
Trustee or director
2$0
990 for the year ended August 31, 2023: 10 people
NameTitleHours / weekCompensation
Fr Louis JeromeDirector
Trustee or director
2$0
Lou BergonziSecretary
Trustee or director, Officer
2$0
Frank Sinatra SrDirector
Trustee or director
2$0
Philip GeraciDirector
Trustee or director
2$0
Brendan CameronTreasurer
Trustee or director, Officer
2$0
Jack McGowanDirector
Trustee or director
2$0
Chris MitrovichDirector
Trustee or director
2$0
John LeoneVice Chairman
Trustee or director, Officer
2$0
Joseph VaszilyChairman
Trustee or director, Officer
2$0
John MascariDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
2900 AMBOY RD, STATEN ISLAND, NY 10306-2005
In care of
% MSGR EDMUND WHALEN
Mailing address (990-N for 2014)
2900 Amboy Road, Staten Island NY 10306
Principal officer (990 for 2024)
Joseph Vaszily, 2900 Amboy Road, Staten Island, NY 10306
Principal officer (990-N for 2014)
Msgr Edmund Whalen, 2900 Amboy Road, Staten Island NY 10306
Signed the 990
Joseph Vaszily, Chairman
Phone
(718) 987-2900
Return prepared by
FRANK J DECANDIDO CPA PLLC

Mission

The Mission of the Vir Fidelis Fund, Inc. is to solicit, raise, and distribute funds for the academic, social, and sports programs at Monsignor Farrell High School. Funds will be raised through donations from alumni, parents, and friends by soliciation, letters, phone calls, dinners, sporting events, dances, luncheons, and other similar events. In addition, Grants to Monsignor Farrell High School include for Tuition Scholarships, Financial Aid, Bloomberg Ticker, and Loan Principle and Interest.

990 for the year ended August 31, 2025

Program accomplishments

  • Grants to Monsignor Farrell High School - The total amount of Grants for the Year ended August 31, 2025 equaled $1,866,539. Tuition Scholarships and Financial Aid $ 304,720Bloomberg Ticker $ 19,935Loan Principle and Interest $ 641,884Air Conditioning $ 400,000Operational Grants $ 500,000Total Grants $1,866,539
    Expenses $1,866,539
  • The purpose of the corporation is to solicit, raise, and distribute funds for the academic , social, and sports programs at Monsignor Farrell High School Funds will be raised through donations from alumni, parents, and friends by solicitation, letters, phone calls, dinners, sporting events, dances, luncheons, and other similar events. Expenses included Blackbaud maintenance, Postage and Shipping, Dues and Subscriptions, Travel and Meals, Student Gifts/Supplies, and Printing Expenses.
    Expenses $123,508

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
47-1968972
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$3,217,199
Income (IRS master file)
$1,037,204

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$1,037,204$2,080,503$3,217,199XML
990August 2024$1,043,814$1,067,607$4,007,981XML
990August 2023$429,459$1,527,942$3,767,685XML
990August 2022$1,312,089$1,048,812$4,691,815IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––IRS
990-N for 2014
Officer: Msgr Edmund Whalen
August 31, 2015≤ $50,000 receipts––e-Postcard

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 47-1968972).

Questions about VIR FIDELIS FUND

What is the EIN of VIR FIDELIS FUND?
The employer identification number (EIN) of VIR FIDELIS FUND is 47-1968972.
Is VIR FIDELIS FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to VIR FIDELIS FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VIR FIDELIS FUND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VIR FIDELIS FUND due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VIR FIDELIS FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of VIR FIDELIS FUND?
The 990 for the year ended August 31, 2025 names Joseph Vaszily.
Who are the officers and directors of VIR FIDELIS FUND?
The 990 for the year ended August 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does VIR FIDELIS FUND have?
On its 990 for the year ended August 31, 2025 it reported revenue of $1,037,204, expenses of $2,080,503 and total assets of $3,217,199 at year end.

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