VELA Education Fund Salary

How much does the VELA Education Fund Pay for employees?

As of August 2026, the average annual salary for employees at VELA Education Fund in the United States is $99,932. This translates to an approximate hourly wage of $48. Salaries at VELA Education Fund typically range from $87,649 to $113,233 annually, reflecting the diverse roles and experience levels within the company. VELA Education Fund’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does VELA Education Fund Pay for Different Roles?

Explore detailed salary information for specific jobs at VELA Education Fund. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at VELA Education Fund

Ready for your next career move? Explore current job openings at VELA Education Fund. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is VELA Education Fund’s Pay Competitive? Salary Benchmarking Analysis

How does VELA Education Fund’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
VELA Education Fund
Financial Services
Drba
5201 5315 Airport Highway Holdings LLC
Industry Comparison
Our data shows that, on average, compensation at VELA Education Fund is below the average for the U.S. Financial Services industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared VELA Education Fund average annual salary with several similar companies. VELA Education Fund average salary of $99,932 is higher than Drba, which has an average salary of $93,803. It is higher than 5201 5315 Airport Highway Holdings LLC, with their average salary at $89,215. This places VELA Education Fund in a competitive position among its peers.
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Employee Reviews: Working at VELA Education Fund

Considering a career at VELA Education Fund? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Leaders are approachable and genuinely interested in employee feedback. I’ve gained skills quickly and have had exposure to high-level projects. Training and development are available but lack consistency. It's energizing to work with such talented yet humble professionals every day.
High standards of professionalism are maintained. Communication is formal and usually through official channels. Most importantly, there’s a shared passion for delivering exceptional financial solutions ethically. The company’s commitment to diversity and inclusion is evident in its policies and everyday practices. Team collaboration is strong, and every contribution matters. Leadership promotes o...
It’s inspiring to be part of a team that drives financial excellence while making a positive difference in society. Sick time can be used for mental health. Communication between teams is formal, sometimes causing delays.

VELA Education Fund Overview

Website
www.velaedfund.org
Founded In
2020
Employees
<25 employees
Industry
Financial Services
Headquarter Address
2200 Wilson Blvd Arlington Virginia VA 22201
Revenue
<$5 Million
Phone Number
+1 5715515131
Social Media
About VELA Education Fund
VELA Education Fund is a national nonprofit fund that invests in nontraditional education innovations that meet learners' unique needs. VELA awards microgrants and bridge grants to eligible individuals and organizations that are innovating outside of the traditional education system, to help them put their ideas into practice. Since it launched in fall 2020, VELA has awarded 865 grants totaling $7

What Benefits Does VELA Education Fund Offer Beyond Salary?

A competitive compensation package is more than just a salary. VELA Education Fund offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Arlington?

Understanding the cost of living near Arlington is key to truly evaluating a salary offer or your current compensation at VELA Education Fund.
Arlington's Cost of Living Index is approximately 159.7 (59.7% more expensive than US average; 53.4% more than VA average). Across river from DC, very high housing costs, excellent transit (Metro, ART). When planning your budget based on a salary from VELA Education Fund, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,300 - $3,500+ A significant portion of VELA Education Fund salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro/ART varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $480 - $720 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,000 - $6,220+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of VELA Education Fund

1. How much does VELA Education Fund in the United States pay?

VELA Education Fund pays its employees an average of $99,932 per year. The average salary at VELA Education Fund range from $87,649 to $113,233 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do VELA Education Fund employees get a higher salary than its peer company?

The salary at VELA Education Fund is higher than its peer company. The average annual salary at VELA Education Fund is $99,932, or an hourly wage of $48, in comparison to Drba which pays $93,803 per year or $45 per hour.

3. What are the highest paying jobs at VELA Education Fund?

The higher-paying job at VELA Education Fund, according to our data, include President (avg. $773,559 per year), Director, Brand & Communications (avg. $170,354 per year), and Manager, Programs (avg. $137,402 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at VELA Education Fund?

Salary progression with years of experience at VELA Education Fund is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at VELA Education Fund vary by office location?

Yes, it's very likely that salaries at VELA Education Fund vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Arlington section provides more context.

6. Does VELA Education Fund offer good benefits?

VELA Education Fund typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at VELA Education Fund" section on this page.