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Verano Fund is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 2000. The principal officer is % Howland Capital Management Inc.. It holds total assets of $1.8M. Annual income is reported at $374K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Verano Fund has made 85 grants totaling $421K, with a median grant of $3K. Annual giving has decreased from $281K in 2022 to $140K in 2023. Individual grants have ranged from $250 to $35K, with an average award of $5K. The foundation has supported 30 unique organizations. The foundation primarily supports organizations in Massachusetts, New York, Iowa, which account for 79% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Verano Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 85 grants. Its grantmaking reaches organizations primarily in MA, NY, IA.
Verano Fund has distributed a total of $421K across 85 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $250 to $35K.
Verano Fund typically selects its grantees rather than accepting unsolicited proposals.
Verano Fund is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| A Dix Leeson Jr | TRUSTEE | $0 | $0 | $0 |
| Charles E Clapp Iii | TRUSTEE | $0 | $0 | $0 |
Total Giving
$177K
Total Assets
$1.9M
Fair Market Value
$2.8M
Net Worth
$1.9M
Grants Paid
$140K
Contributions
$0
Net Investment Income
$47K
Distribution Amount
$134K
Total: $1.6M
Total Grants
85
Total Giving
$421K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
30
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tubman2023 GRANT | Minneapolis, MN | $7K | 2023 |
| Crisp2023 GRANT | Winterset, IA | $4K | 2023 |
| Cuttyhunk Historical Society2023 GRANT | Cuttyhunk, MA | $4K | 2023 |
| Water For The South Sudan2023 GRANT | Rochester, NY | $35K | 2023 |
| Woods Hole Oceanographic Institute2023 GRANT |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Woods Hole, MA |
| $13K |
| 2023 |
| Worcester County Horticultural Society2023 GRANT | Boylston, MA | $10K | 2023 |
| Iowa Public Radio2023 GRANT | Des Moines, IA | $8K | 2023 |
| St Judes Children'S Research Hospital2023 GRANT | Memphis, TN | $7K | 2023 |
| To Write Love On Her Arms2023 GRANT | Melbourne, FL | $7K | 2023 |
| Wellesley Congregational Church2023 GRANT | Wellesley, MA | $7K | 2023 |
| Mercy Ships2023 GRANT | Garden Valley, TX | $5K | 2023 |
| Trustees Of Trinty College Class Of 19402023 GRANT | Hartford, CT | $5K | 2023 |
| Newton Wellesley Hospital Charitable Foundation2023 GRANT | Newton, MA | $5K | 2023 |
| Iowa Community Improvements2023 GRANT | Des Moines, IA | $4K | 2023 |
| Belmont Day School2023 GRANT | Belmont, MA | $4K | 2023 |
| Doctors Without Borders Usa2023 GRANT | Hagerstown, MD | $3K | 2023 |
| Planned Parenthood League Of Massachusetts2023 GRANT | Boston, MA | $3K | 2023 |
| American Red Cross2023 GRANT | Medford, MA | $3K | 2023 |
| Maba At Massachusetts Audubon2023 GRANT | Canton, MA | $3K | 2023 |
| Pan Mass Challenge2023 GRANT | Needham, MA | $3K | 2023 |
| Buzzards Bay Coalition2023 GRANT | New Bedford, MA | $2K | 2023 |
| Museum Of Fine Arts Boston2023 GRANT | Boston, MA | $1K | 2023 |
| Milton Academy Development Office2023 GRANT | Milton, MA | $750 | 2023 |
| Tunnels To Towers2023 GRANT | Staten Island, NY | $500 | 2023 |
| Southcoast Community Foundation2023 GRANT | New Bedford, MA | $500 | 2023 |
| Community Servings2023 GRANT | Jamaica Plain, MA | $500 | 2023 |
| St Mark'S School2023 GRANT | Southborough, MA | $250 | 2023 |
| Unicef Usa2022 GRANT | New York, NY | $3K | 2022 |
| Town Of Gosnold Steam Academy2022 GRANT | Gosnold, MA | $3K | 2022 |
| Wayland Public Schools Foundation2022 GRANT | Wayland, MA | $1K | 2022 |
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