Visa Vel Foundation

Quick Stats

  • Annual Giving: Information not publicly available
  • Success Rate: No public application process
  • Decision Time: Not applicable - trustee discretion grants
  • Grant Range: Information not publicly available
  • Geographic Focus: Unknown, though foundation based in Texas

Contact Details

  • Website: None found
  • Phone: Not publicly available
  • Email: Not publicly available
  • Address: Frisco, TX

Overview

The Visa Vel Foundation (EIN: 85-4325575) is a private foundation based in Frisco, Texas with approximately $13.7 million in assets and $11.3 million in revenue as of 2022. The foundation appears to be affiliated with Le-Vel Brands, LLC, a health and wellness company also based in Frisco. Le-Vel Brands has an extensive history of corporate philanthropy, having donated millions to various causes including disaster relief, hunger prevention, and health initiatives. The Visa Vel Foundation operates as a private foundation making grants at trustee discretion with no public application process or published grant guidelines.

Funding Priorities

Grant Programs

Information about specific grant programs is not publicly available. The foundation has made at least one documented grant to the Nanban Foundation, which focuses on education, nutrition, and community development programs primarily serving communities in India.

Priority Areas

Based on limited available information and Le-Vel Brands' corporate giving history, potential areas of interest may include:

  • Health and wellness initiatives
  • Hunger relief and nutrition programs
  • Disaster relief efforts
  • Education programs
  • Community development

What They Don't Fund

No explicit exclusions are publicly documented.

Governance and Leadership

No information about trustees or leadership is publicly available. The foundation likely operates under the direction of individuals associated with Le-Vel Brands, though specific names and roles are not documented in public sources.

Application Process & Timeline

How to Apply

This funder does not have a public application process. Grants appear to be made entirely at trustee discretion to pre-selected organizations.

Decision Timeline

Not applicable - no public application process exists.

Success Rates

Not applicable - no public application process exists.

Reapplication Policy

Not applicable - no public application process exists.

Application Success Factors

Due to the extremely limited public information available about this foundation and the absence of a public application process, specific success factors cannot be determined. Organizations interested in potential support would need to establish relationships through other channels, possibly through connections to Le-Vel Brands' corporate structure or leadership.

Key Takeaways for Grant Writers

  • The Visa Vel Foundation is a private foundation with no public application process
  • Very limited information is available about their grantmaking priorities or processes
  • The foundation appears to be affiliated with Le-Vel Brands, a health and wellness company
  • Grants are made at trustee discretion to pre-selected organizations
  • Organizations cannot apply directly for funding through traditional grant application methods
  • The only documented grant recipient is the Nanban Foundation, also based in Frisco, TX

References

  • Cause IQ database entry for Visa Vel Foundation (EIN: 85-4325575), accessed February 2026
  • IRS Form 990-PF filing data for Visa Vel Foundation, 2022
  • Nanban Foundation organizational information
  • Le-Vel Brands corporate philanthropy history from PR Newswire press releases

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