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Verner Foundation Inc. is a private corporation based in PLANT CITY, FL. The foundation received its IRS ruling in 1993. It holds total assets of $1.3M. Annual income is reported at $631K. Total assets have decreased from $2.9M in 2011 to $1.2M in 2023. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Verner Foundation Inc. has made 2 grants totaling $818K, with a median grant of $409K. The foundation has distributed between $400K and $418K annually from 2022 to 2023. Individual grants have ranged from $400K to $418K, with an average award of $409K. Grant recipients are concentrated in Florida. 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.
Verner Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in FL.
Verner Foundation Inc. has distributed a total of $818K across 2 grants. The median grant size is $409K, with an average of $409K. Individual grants have ranged from $400K to $418K.
Verner Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Verner Foundation Inc. is headquartered in PLANT CITY, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| E M Verner | TRUSTE/VP | $9K | $0 | $9K |
| Sally G Rucker | TRUSTEE | $5K | $0 | $5K |
| James P Verner | TRUSTEE | $5K | $0 | $5K |
| James Shump | SECRETARY | $0 | $0 | N/A |
| Sp Verner | PRESIDENT | $0 | $0 | N/A |
Total Giving
$437K
Total Assets
$1.2M
Fair Market Value
$8.8M
Net Worth
$1.2M
Grants Paid
$400K
Contributions
N/A
Net Investment Income
$368K
Distribution Amount
$427K
Total: $811K
Total Grants
2
Total Giving
$818K
Average Grant
$409K
Median Grant
$409K
Unique Recipients
1
Most Common Grant
$418K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various See Attached ListCHARITABLE ACTIVITIES | See Attached, FL | $400K | 2023 |