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Ver-Nel Charitable Foundation is a private corporation based in SELMA, AL. The foundation received its IRS ruling in 1998. The principal officer is S Vernon Spears. It holds total assets of $472K. Annual income is reported at $138K. Total assets have grown from $26K in 2011 to $488K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2023. Funding is distributed across 4 states, including Alabama, Georgia, Tennessee. According to available records, Ver-Nel Charitable Foundation has made 35 grants totaling $117K, with a median grant of $3K. The foundation has distributed between $28K and $61K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $61K distributed across 18 grants. Individual grants have ranged from $436 to $9K, with an average award of $3K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in Alabama, Georgia, Tennessee, which account for 83% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$6K
Based on 10 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.
Ver-Nel Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in AL, GA, TN.
Ver-Nel Charitable Foundation has distributed a total of $117K across 35 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $436 to $9K.
Ver-Nel Charitable Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (631203030) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Ver-Nel Charitable Foundation is headquartered in SELMA, AL. While based in AL, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Linda Campbell | DIRECTOR | $0 | $0 | N/A |
| Mary Jo Warren | DIRECTOR | $0 | $0 | N/A |
| Yvonne W Lee | DIRECTOR | $0 | $0 | N/A |
Total Giving
$37K
Total Assets
$488K
Fair Market Value
$585K
Net Worth
$488K
Grants Paid
$28K
Contributions
N/A
Net Investment Income
$19K
Distribution Amount
$32K
Total: $260K
Total Grants
35
Total Giving
$117K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
19
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of VirginiaEDUCATIONAL SCHOLARSHIP | Charlottesville, VA | $3K | 2023 |
| Auburn UniversityEDUCATIONAL SCHOLARSHIP | Auburn, AL | $9K | 2023 |
| Albany State UniversityEDUCATIONAL SCHOLARSHIP | Albany, GA | $3K | 2023 |
| Central Alabama Community CollegeEDUCATIONAL SCHOLARSHIP | Alexander City, AL | $3K | 2023 |
| Auburn University MontgomeryEDUCATIONAL SCHOLARSHIP | Montgomery, AL | $3K | 2023 |
| Morehouse CollegeEDUCATIONAL SCHOLARSHIP | Atlanta, GA | $3K | 2023 |
| Jackson State UniversityEDUCATIONAL SCHOLARSHIP | Jackson, MS | $3K | 2023 |
| Jacksonville State UniversityEDUCATIONAL SCHOLARSHIP | Jacksonville, AL | $1K | 2023 |
| Tennessee State UniversityEDUCATIONAL SCHOLARSHIP | Nashville, TN | $7K | 2022 |
| George Mason UniversityEDUCATIONAL SCHOLARSHIP | Fairfax, VA | $5K | 2022 |
| The University Of AlabamaEDUCATIONAL SCHOLARSHIP | Tuscaloosa, AL | $4K | 2022 |
| Alabama A&M UniversityEDUCATIONAL SCHOLARSHIP | Huntsville, AL | $4K | 2022 |
| University Of GeorgiaEDUCATIONAL SCHOLARSHIP | Athens, GA | $3K | 2022 |
| Tuskegee UniversityEDUCATIONAL SCHOLARSHIP | Tuskegee, AL | $3K | 2022 |
| Kennesaw State UniversityEDUCATIONAL SCHOLARSHIP | Kennesaw, GA | $1K | 2022 |
| University Of The District Of ColumbiaEDUCATIONAL SCHOLARSHIP | Washington, DC | $5K | 2021 |
| Columbus State UniversityEDUCATIONAL SCHOLARSHIP | Columbus, GA | $3K | 2021 |
| Meharry Medical CollegeEDUCATIONAL SCHOLARSHIP | Nashville, TN | $3K | 2021 |
| Xavier University Of LouisianaEDUCATIONAL SCHOLARSHIP | New Orleans, LA | $2K | 2021 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL