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Sam Vernice Family Foundation is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1995. The principal officer is Jpmorgan Chase Bank Na. It holds total assets of $276K. Annual income is reported at $329K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in Louisiana, New York and Tennessee. According to available records, Sam Vernice Family Foundation has made 16 grants totaling $24K, with a median grant of $1K. The foundation has distributed between $11K and $12K annually from 2022 to 2023. Individual grants have ranged from $200 to $7K, with an average award of $1K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Louisiana and New York and Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$1K
Average Grant
$1K
Largest Grant
$6K
Based on 8 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Sam Vernice Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in LA, NY, TN.
Sam Vernice Family Foundation has distributed a total of $24K across 16 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $200 to $7K.
Sam Vernice Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sam Vernice Family Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jp Morgan Chase Bank N A | TRUSTEE | $1K | $0 | $1K |
Total Giving
$13K
Total Assets
$268K
Fair Market Value
$265K
Net Worth
$268K
Grants Paid
$11K
Contributions
N/A
Net Investment Income
$16K
Distribution Amount
$12K
Total Grants
16
Total Giving
$24K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
8
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lsu Health SciencesGENERAL | New Orleans, LA | $6K | 2023 |
| Society For PropagationGENERAL | New York, NY | $1K | 2023 |
| St Jude Childrens ResearchGENERAL | Memphis, TN | $1K | 2023 |
| Baton Rouge General FoundationGENERAL | Baton Rouge, LA | $1K | 2023 |
| Our Lady Of The Lake FoundationGENERAL | Baton Rouge, LA | $1K | 2023 |
| Northshore Food BankGENERAL | Covington, LA | $500 | 2023 |
| Greater Baton Rouge Food Bank IncGENERAL | Baton Rouge, LA | $500 | 2023 |
| Memorial Sloan-Kettering Cancer CtrGENERAL | New York, NY | $200 | 2023 |