Value Mortgage Foundation
Preselected recipients only
Value Mortgage Foundation is a private foundation in Chelmsford, Massachusetts. In tax year 2025 it gave $67,768 in 6 grants; the typical grant was $5,000 and the largest $47,850. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$67,768
- Number of grants6
- Typical grant$5,000
- Largest grant$47,850
- Assets$5.5 million
- New grantees50%
Giving in 2025 was down from $95,310 the year before.
50% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $43,621 | 9 | $3.5 million |
| 2024 | $95,310 | 9 | $4.5 million |
| 2025 | $67,768 | 6 | $5.5 million |
How to apply
Value Mortgage Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Value Mortgage Foundation funds
Where it gives
Its grants went to recipients in 6 states, the most to Indiana.
| State | Grants | Amount |
|---|---|---|
| Indiana | 1 | $47,850 |
| Georgia | 1 | $7,500 |
| District of Columbia | 1 | $5,000 |
| New York | 1 | $5,000 |
| Massachusetts | 1 | $2,000 |
| Nebraska | 1 | $418 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Akshaya Patra - Hare Krishna | School Food Pantry | $47,850 |
| Habitat for Humanity | Building for Needy | $7,500 |
| American Red Cross | Support to People in Need | $5,000 |
| Doctors Without Borders | Medical Assistance | $5,000 |
| Vision Aid Foundation | Support to Visually Impaired | $2,000 |
| Arbor Day Foundation | Planting Trees | $418 |
Officers and trustees
- Narendra Kapadia
Questions people ask
Does Value Mortgage Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Value Mortgage Foundation give?
$67,768 in tax year 2025, across 6 grants, with a typical grant of $5,000.
Who runs Value Mortgage Foundation?
Its 2025 filing lists Narendra Kapadia (President).
What does Value Mortgage Foundation fund?
Based on its grants, mainly human services.