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Also known as: VENNE FOUNDATION
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The Richard And Johnette Venne Foundation is a private corporation based in NEWTOWN, PA. The foundation received its IRS ruling in 2001. The principal officer is Richard Venne. It holds total assets of $370K. Annual income is reported at $66K. Total assets have grown from $274K in 2011 to $370K in 2024. The foundation is governed by 4 officers and trustees. 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 2015 to 2024. According to available records, The Richard And Johnette Venne Foundation has made 10 grants totaling $172K, with a median grant of $20K. The foundation has distributed between $45K and $82K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $82K distributed across 6 grants. Individual grants have ranged from $1K to $25K, with an average award of $17K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
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.
The Richard And Johnette Venne Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in PA.
The Richard And Johnette Venne Foundation has distributed a total of $172K across 10 grants. The median grant size is $20K, with an average of $17K. Individual grants have ranged from $1K to $25K.
The Richard And Johnette Venne Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Richard And Johnette Venne Foundation is headquartered in NEWTOWN, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Johnette Venne | PRESIDENT & DIR | $0 | $0 | N/A |
| John G Venne | SECRETARY & DIR | $0 | $0 | N/A |
| Jillian R Venne | TREASURER & DIR | $0 | $0 | N/A |
| Richard A Venne Jr | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$370K
Fair Market Value
N/A
Net Worth
$370K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
10
Total Giving
$172K
Average Grant
$17K
Median Grant
$20K
Unique Recipients
5
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| MclefCHARITABLE PURPOSES AS DESCRIBED IN CHARITYS MISSION STATEMENT | Philadelphia, PA | $25K | 2023 |
| Give The Kids The WorldCHARITABLE PURPOSES AS DESCRIBED IN CHARITYS MISSION STATEMENT | Philadelphia, PA | $20K | 2023 |
| Holy Ghost PrepCHARITABLE PURPOSES AS DESCRIBED IN CHARITYS MISSION STATEMENT | Bensalem, PA | $20K | 2022 |
| Network Of Victim AssistanceCHARITABLE PURPOSES AS DESCRIBED IN CHARITYS MISSION STATEMENT | Jamison, PA | $1K | 2022 |
| Mc-LefCHARITABLE PURPOSES AS DESCRIBED IN CHARITYS MISSION STATEMENT | Philadelphia, PA | $25K | 2021 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA