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Verizon Foundation is a private corporation based in BASKING RIDGE, NJ. The foundation received its IRS ruling in 1987. It holds total assets of $23.8M. Annual income is reported at $5.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Verizon Foundation has made 5,000 grants totaling $8.7M, with a median grant of $1K. Individual grants have ranged from $750 to $500K, with an average award of $2K. The foundation has supported 1,996 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, New Jersey, which account for 27% of all grants. Grantmaking reaches organizations across 49 states. Contributions to this foundation are tax-deductible.
Verizon Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5,000 grants. Its grantmaking reaches organizations primarily in NY, DC, NJ.
Verizon Foundation has distributed a total of $8.7M across 5,000 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $750 to $500K.
Verizon Foundation typically selects its grantees rather than accepting unsolicited proposals.
Verizon Foundation is headquartered in BASKING RIDGE, NJ. While based in NJ, the foundation distributes grants to organizations across 49 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rose M Kirk | PRESIDENT | $0 | $0 | $0 |
| Kee Chan Sin | VICE PRESIDENT AND TREASURER | $0 | $0 | $0 |
| Laurence D Fulton | CHIEF INVESTMENT OFFICER | $0 | $0 | $0 |
| Brandon N Egren | SECRETARY | $0 | $0 | $0 |
| Suzanne M Ferrara-Mora | ASSISTANT TREASURER | $0 | $0 | $0 |
Total Giving
$7.4M
Total Assets
$26M
Fair Market Value
$26M
Net Worth
$24.4M
Grants Paid
$7.3M
Contributions
$6.3M
Net Investment Income
$1.1M
Distribution Amount
$1.2M
Total Grants
5,000
Total Giving
$8.7M
Average Grant
$2K
Median Grant
$1K
Unique Recipients
1,996
Most Common Grant
$1K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brigham Young UniversityMIP PAYOUT FOR 05/04/2022 | Provo, UT | $6K | 2022 |
| Human Rights Campaign FoundationHRC FOUNDATIONS PROFESSIONAL DEVELOPMENT AND TRAINING INSTITUTE | Washington, DC | $500K | 2022 |
| International Rescue Committee IncMIP PAYOUT FOR 04/01/2022 | New York, NY | $32K | 2022 |
| American National Red CrossMIP PAYOUT FOR 04/01/2022 | Fairfield, NJ | $24K | 2022 |
| Medecins Sans Frontiers Usa IncMIP PAYOUT FOR 04/01/2022 |
Other foundations that have funded Verizon Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Verizon Foundation | $20K | 2020 | MIP PAYOUT FOR 02/10/20 |
| Verizon Foundation | $1K | 2020 | MIP PAYOUT FOR 02/18/20 |
| Jennifer L Moak Thru 1222 |
| VICE PRESIDENT AND CONTROLLER |
| $0 |
| $0 |
| $0 |
| Lisa Czapka | VICE PRESIDENT AND CONTROLLER | $0 | $0 | $0 |
| New York, NY |
| $24K |
| 2022 |
| St Jude Children'S Research HospitalMIP PAYOUT FOR 02/07/2022 | Memphis, TN | $13K | 2022 |
| Save The Children Federation IncMIP PAYOUT FOR 04/01/2022 | Fairfield, CT | $12K | 2022 |
| Boumi Hospital Transportation FundMIP PAYOUT FOR 07/05/2022 | Baltimore, MD | $12K | 2022 |
| University Of TampaMIP PAYOUT FOR 01/27/2022 | Tampa, FL | $10K | 2022 |
| Virginia State University FoundationMIP PAYOUT FOR 12/02/22 | Petersburg, VA | $10K | 2022 |
| Texas Christian UniversityMIP PAYOUT FOR 01/27/2022 | Fort Worth, TX | $10K | 2022 |
| Worcester Polytechnic InstituteMIP PAYOUT FOR 02/07/2022 | Worcester, MA | $9K | 2022 |
| Hillsdale CollegeMIP PAYOUT FOR 02/07/2022 | Hillsdale, MI | $9K | 2022 |
| Mc Daniel College IncMIP PAYOUT FOR 05/04/2022 | Westminster, MD | $9K | 2022 |
| University Of Notre Dame Du LacMIP PAYOUT FOR 02/07/2022 | Notre Dame, IN | $8K | 2022 |
| University Of Maine FoundationMIP PAYOUT FOR 05/04/2022 | Orono, ME | $8K | 2022 |
| Pennsylvania State University Philanthropic FundMIP PAYOUT FOR 10/03/22 | State College, PA | $7K | 2022 |
| George Washington UniversityMIP PAYOUT FOR 02/07/2022 | Washington, DC | $7K | 2022 |
| St Josephs UniversityMIP PAYOUT FOR 02/07/2022 | Philadelphia, PA | $7K | 2022 |
| University Of Virginia Engineering Foundation IncMIP PAYOUT FOR 01/27/2022 | Charlottesvle, VA | $7K | 2022 |
| Boston College TrusteesMIP PAYOUT FOR 02/07/2022 | Chestnut Hill, MA | $7K | 2022 |
| Saint Anselm CollegeMIP PAYOUT FOR 05/04/2022 | Manchester, NH | $7K | 2022 |
| Charities Aid Foundation America2022 Q2 INT'L MATCHING GIFTS PAYMENT VIA CAF AMERICA | Alexandria, VA | $7K | 2022 |
| Trustees Of Columbia University In The City Of New YorkMIP PAYOUT FOR 12/02/22 | New York, NY | $7K | 2022 |
| University Of Texas FoundationMIP PAYOUT FOR 01/27/2022 | Austin, TX | $7K | 2022 |
| Georgetown UniversityMIP PAYOUT FOR 11/09/22 | Washington, DC | $6K | 2022 |
| World Central Kitchen IncorporatedMIP PAYOUT FOR 04/01/2022 | Washington, DC | $6K | 2022 |
| Stevens Institute Of Technology TrusteesMIP PAYOUT FOR 02/07/2022 | Hoboken, NJ | $6K | 2022 |
| University Of Virginia Law School FoundationMIP PAYOUT FOR 01/27/2022 | Charlottesville, VA | $6K | 2022 |
| University Of South Florida Foundation IncMIP PAYOUT FOR 01/27/2022 | Tampa, FL | $6K | 2022 |
| University Of North Carolina At Chapel HillMIP PAYOUT FOR 01/27/2022 | Chapel Hill, NC | $6K | 2022 |
| University Of ChicagoMIP PAYOUT FOR 10/03/22 | Chicago, IL | $6K | 2022 |
| Dartmouth CollegeMIP PAYOUT FOR 04/01/2022 | Hanover, NH | $6K | 2022 |
| Harding UniversityMIP PAYOUT FOR 10/03/22 | Searcy, AR | $6K | 2022 |
| Stevenson University IncMIP PAYOUT FOR 08/02/22 | Stevenson, MD | $6K | 2022 |
| University Of Maryland College Park Foundation IncMIP PAYOUT FOR 11/09/22 | College Park, MD | $6K | 2022 |
| University Of Central Florida Foundation IncMIP PAYOUT FOR 01/27/2022 | Orlando, FL | $6K | 2022 |
| Pace UniversityMIP PAYOUT FOR 05/04/2022 | New York, NY | $6K | 2022 |
| University Of Florida Foundation IncMIP PAYOUT FOR 01/27/2022 | Gainesville, FL | $6K | 2022 |
| V M I Foundation IncorporatedMIP PAYOUT FOR 05/04/2022 | Lexington, VA | $6K | 2022 |
| United States Fund For UnicefMIP PAYOUT FOR 04/01/2022 | New York, NY | $6K | 2022 |
| Villanova UniversityMIP PAYOUT FOR 02/07/2022 | Villanova, PA | $6K | 2022 |
| Clarkson UniversityMIP PAYOUT FOR 02/07/2022 | Potsdam, NY | $6K | 2022 |
| Trustees Of The University Of PennsylvaniaMIP PAYOUT FOR 08/02/22 | Philadelphia, PA | $6K | 2022 |
| Virginia Tech Foundation IncMIP PAYOUT FOR 01/27/2022 | Blacksburg, VA | $6K | 2022 |
| Yale School Of ManagementMIP PAYOUT FOR 02/07/2022 | New Haven, CT | $6K | 2022 |
| Fordham UniversityMIP PAYOUT FOR 04/01/2022 | Bronx, NY | $5K | 2022 |
| Harvard University Graduate School Of BusinessMIP PAYOUT FOR 02/07/2022 | Boston, MA | $5K | 2022 |
| St Vladimirs SeminaryMIP PAYOUT FOR 01/27/2022 | Yonkers, NY | $5K | 2022 |
| Notre Dame Of Maryland UniversityMIP PAYOUT FOR 04/01/2022 | Baltimore, MD | $5K | 2022 |
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