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Versacare Inc. is a private corporation based in RIVERSIDE, CA. The foundation received its IRS ruling in 1990. It holds total assets of $67.5M. Annual income is reported at $11.6M. Total assets have grown from $13.8M in 2010 to $67.5M in 2024. The foundation is governed by 11 officers and trustees. Tax records are available from 2020 to 2024. Grantmaking is concentrated in California. According to available records, Versacare Inc. has made 537 grants totaling $10.4M, with a median grant of $10K. The foundation has distributed between $2.4M and $5.2M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $5.2M distributed across 168 grants. Individual grants have ranged from $1K to $300K, with an average award of $19K. The foundation has supported 391 unique organizations. The foundation primarily supports organizations in California, Maryland, Washington, which account for 31% of all grants. Grantmaking reaches organizations across 46 states. Contributions to this foundation are tax-deductible.
Versacare Inc. is a self-funded, lay-operated private foundation headquartered in Riverside, California, with a clear and consistent giving philosophy rooted in Seventh-day Adventist mission. Since awarding its first grants in 1990, the foundation has distributed $33.6M+ across 1,734 grants—making it one of the most prolific and longest-running Adventist-affiliated funders in North America. Its stated purpose is to fund programs that 'create loving and just communities,' inspired by the example of Jesus and the SDA heritage.
Understanding the tiered Versafund grant structure is the essential starting point for any applicant. The foundation operates four program tracks: the Catalyst Grant ($2,500–$10,000, year-round, quarterly awards), the Venture Grant ($10,001–$40,000), the Impact Grant ($40,001+), and specialized programs including K-12 grants (up to $10,000) and the new Journalism for Adventist Solutions (JAS) grant ($5,000–$15,000). First-time applicants are explicitly directed toward Catalyst—the foundation's on-ramp for organizations new to Versacare—and the expectation is that successful Catalyst grantees progress to Venture and then Impact over multiple grant cycles. This is a relationship-based funder, not a one-time award mechanism.
Approximately 65–70% of all grants flow to entities directly affiliated with the SDA Church: conferences, SDA schools, hospitals, and denominational programs. However, Versacare does allocate a limited portion of its grantmaking to non-SDA organizations whose missions demonstrably align with Adventist values—particularly in the Inland Empire of Southern California, the foundation's home region. International applicants must fall within North American Division or Inter-American Division territory.
The board includes both lay Adventists and current or former SDA church employees, and compensation levels for leadership (President Tom Macomber at $96,332) reflect a professionally operated, though modestly staffed, foundation. Proposals that emphasize 'innovative ministry ideas' (the foundation's own language), measurable outcomes, financial sustainability, and matched funding commitments will be most competitive.
Versacare's annual giving has been consistent and trending upward over the past decade, with the most recent complete year (FY2023) setting a record at $3.35M in total giving including $2.69M in direct grants paid. Annual giving over the full data range: FY2012 ($1.74M), FY2013 ($1.91M), FY2014 ($2.01M), FY2018 ($2.65M), FY2019 ($3.19M), FY2020 ($2.80M), FY2021 ($3.08M), FY2022 ($450K—an anomalous outlier year), FY2023 ($3.35M). The FY2022 dip likely reflects a transition period rather than a strategic shift, as FY2023 rebounded sharply.
The foundation's asset base grew dramatically: from approximately $20–22M in 2018–2019 to $51.7M in 2020 and $67.5M in 2024, suggesting a significant endowment event or investment windfall around 2020 that has since supported elevated giving levels.
Typical grant size: Median grant is $10,000, with a range of $3,000 to $150,000 per database records. The Versafund tier structure makes grant sizing predictable: Catalyst ($2,500–$10,000), Venture ($10,001–$40,000), Impact ($40,001+). However, major denominational partners—Adventist Health International ($850,000 across 5 grants averaging $170,000), Loma Linda University ($600,000 across 2 grants averaging $300,000), International Children's Care ($500,000 across 5 grants averaging $100,000)—clearly receive multi-cycle, relationship grants well above published tiers.
Program area breakdown (estimated from grantee analysis across 537 total grants, $10.35M total): - Religious/denominational support ~40% (SDA conferences, individual churches, denominational programs) - Education including STEM ~30% (Adventist K-12, universities including Loma Linda, Andrews, La Sierra, Southwestern Adventist) - Healthcare and humanitarian ~15% (AHI hospitals/clinics, food assistance, burial aid, rehabilitation) - Youth and mentorship ~10% (Caught Up, US Dream Academy, youth ministries) - International/mission work ~5% (Irish Mission, Inter-American Division outreach)
Geographic concentration: California leads with 96 grants, followed by Florida (39), Maryland (39), Washington state (30), Tennessee (26), Michigan (25), Georgia (21), Texas (21), Arizona (19), and New York (17).
The following foundations share Versacare's approximate asset scale (~$67M) and are classified under the same NTEE code (Philanthropy & Grantmaking):
| Foundation | State | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|---|
| Versacare Inc. | CA | $67.5M | ~$2.7–3.3M | SDA ministry, education, health | Open (Jul–Dec main; Catalyst year-round) |
| The Khimji Foundation | TX | $67.7M | Unknown | General philanthropy | Unknown/invited |
| Daniel M. Soref Revoc Trust | WI | $67.5M | Unknown | General philanthropy | Unknown/invited |
| Leah & Richard Waitzer Foundation | VA | $67.4M | Unknown | General philanthropy | Unknown/invited |
| Krishnan-Shah Family Foundation | CA | $67.4M | Unknown | General philanthropy | Unknown/invited |
| Healthcare Foundation of Northern Lake County | IL | $67.2M | Unknown | Community health | Unknown/invited |
Versacare stands meaningfully apart from its asset-size peers. While the other five foundations are private, family-controlled vehicles with no public websites or documented application processes, Versacare operates a fully public, multi-tier grant program with posted deadlines, a dedicated grants page, staff contacts, and transparent eligibility criteria. This makes Versacare considerably more accessible than similarly sized foundations that operate entirely by invitation. Within the SDA-affiliated funder landscape, Versacare is among the most active lay-controlled foundations in North America, with a giving rate (roughly 4–5% of assets annually) consistent with private foundation payout requirements but demonstrating a genuine commitment to active deployment rather than asset preservation.
The most significant recent development is Versacare Foundation's March 2025 announcement of a year-round application process for its K-12 grant program, replacing a single annual deadline with two funding cycles. Schools applying January 1–June 30 receive funding in September; schools applying July 1–December 31 receive funding in March 2026. This structural change reflects a deliberate effort to reduce access barriers for Adventist schools that may have missed prior annual windows. Since 2016, the K-12 program has distributed 926 grants totaling $4,383,000.
In fiscal year 2023, Versacare awarded $3.35M in total giving including $2.69M in direct grants paid—the highest annual giving level in the foundation's documented history. The North American Division of SDA specifically highlighted the milestone in a dedicated announcement, underscoring the foundation's visibility and standing within the Adventist community.
President Tom Macomber has remained in his role across the most recent filing years (FY2021: $91,658; FY2022: $57,667; FY2023: $96,332), with CFO Danette Zurek and Treasurer Ellen H. Brodersen CPA providing financial oversight. Chairman Charles C. Sandefur continues in governance. Leadership stability suggests consistent strategic direction.
The Traditional Versafund Grant ($5,000–$30,000) has been archived and replaced by the three-tier Catalyst/Venture/Impact structure, a meaningful programmatic evolution. The new Journalism for Adventist Solutions (JAS) grant ($5,000–$15,000) represents an entirely new program area. FY2024 total assets reached $67.5M with $4.65M in revenue, positioning the foundation for continued giving at or above recent levels.
Alignment language is non-negotiable. Versacare's own application restrictions state: 'Funding will be considered for innovative ministry ideas, especially in the areas of Christian education, youth ministry, and healthcare.' These three categories—and the word 'innovative'—should appear explicitly in your proposal. The foundation's mission language ('restoring the image of God,' 'loving and just communities') reflects a theological framework; proposals that connect programmatic work to that framework—even briefly—signal cultural fit.
Start small and earn the relationship. The Catalyst Grant ($2,500–$10,000) is explicitly recommended for first-time applicants. Beyond being accessible, it functions as a trust-building exercise: organizations that demonstrate effective use of Catalyst grants are well-positioned to progress to Venture ($10,001–$40,000) and Impact ($40,001+) in subsequent cycles. Do not skip tiers in pursuit of a larger award on a first application.
Call before you apply. The foundation's own instructions say 'call or write for application form'—this is not boilerplate. A pre-application call to Lisa Corrales at (951) 343-5800 or office@versacare.org can clarify eligibility, surface alignment concerns early, and establish a human connection before your paperwork arrives.
Budget presentation is a credibility signal. Versacare's own guidance states that financial statements are reviewed as 'a window into your project planning, strategy, feasibility, and organization sustainability.' Present two or more years of financial statements alongside a detailed project budget. Identify matching funds explicitly—proposals with committed supplementary support are explicitly preferred.
Timing the main cycle: The primary application window is July 1–December 31 for March funding. Submit no later than December 31. Catalyst grants can be submitted year-round; quarterly award cycles mean even a February submission can yield a Q2 decision.
Hard exclusions to avoid: Capital construction, mission trips, debt reduction, salaries (with narrow exceptions), scholarships (with narrow exceptions), technology for non-instructional purposes, and consumables distribution are consistently declined. Removing any of these from a proposal scope—or proactively noting they are excluded from the budget—demonstrates awareness of the funder's guardrails.
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Smallest Grant
$3K
Median Grant
$10K
Average Grant
$11K
Largest Grant
$150K
Based on 227 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.
Versacare's annual giving has been consistent and trending upward over the past decade, with the most recent complete year (FY2023) setting a record at $3.35M in total giving including $2.69M in direct grants paid. Annual giving over the full data range: FY2012 ($1.74M), FY2013 ($1.91M), FY2014 ($2.01M), FY2018 ($2.65M), FY2019 ($3.19M), FY2020 ($2.80M), FY2021 ($3.08M), FY2022 ($450K—an anomalous outlier year), FY2023 ($3.35M). The FY2022 dip likely reflects a transition period rather than a st.
Versacare Inc. has distributed a total of $10.4M across 537 grants. The median grant size is $10K, with an average of $19K. Individual grants have ranged from $1K to $300K.
Versacare Inc. is a self-funded, lay-operated private foundation headquartered in Riverside, California, with a clear and consistent giving philosophy rooted in Seventh-day Adventist mission. Since awarding its first grants in 1990, the foundation has distributed $33.6M+ across 1,734 grants—making it one of the most prolific and longest-running Adventist-affiliated funders in North America. Its stated purpose is to fund programs that 'create loving and just communities,' inspired by the example .
Versacare Inc. is headquartered in RIVERSIDE, CA. While based in CA, the foundation distributes grants to organizations across 46 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tom Macomber | PRESIDENT | $96K | $13K | $110K |
| Danette Zurek | CFO | $36K | $0 | $36K |
| Darriel Hoy | DIRECTOR | $2K | $0 | $2K |
| Brad Forbes | DIRECTOR | $2K | $0 | $2K |
| Lisa Bissel Paulson | DIRECTOR | $2K | $0 | $2K |
| Charles C Sandefur | CHAIRMAN | $2K | $0 | $2K |
| Marissa Leslie | DIRECTOR | $2K | $0 | $2K |
| Richard Ws Pershing | SECRETARY | $2K | $0 | $2K |
| Ellen H Brodersen Cpa | TREASURER | $2K | $0 | $2K |
| Myrna Costa | DIRECTOR | $2K | $0 | $2K |
| Debra Brill | DIRECTOR | $1K | $0 | $1K |
Total Giving
N/A
Total Assets
$67.5M
Fair Market Value
N/A
Net Worth
$67M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
537
Total Giving
$10.4M
Average Grant
$19K
Median Grant
$10K
Unique Recipients
391
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harbor Of HopeCHARITABLE | Benton Harbor, MI | $40K | 2023 |
| I Am My Sisters KeeperHEALTH | Memphis, TN | $23K | 2023 |
| Adventist SourceRELIGIOUS | Lincoln, NE | $216K | 2023 |
| Florida Conference Association Of SdaEDUCATION | Altamonte Springs, FL | $150K | 2023 |
| Midway Community Resource CenterRELIGIOUS | Douglasville, GA | $56K | 2023 |
| Raise Your VoiceCHARITABLE | Venus, TX | $55K | 2023 |
| Aok Acts Of Kindness SocietyCHARITABLE | Langley | $45K | 2023 |
| Berean Seventh-Day Adventist ChurchRELIGIOUS | South Bend, IN | $40K | 2023 |
| Caught UpCHARITABLE | Detroit, MI | $40K | 2023 |
| Salt Outreach IncHEALTH | Orlando, FL | $40K | 2023 |
| Holbrook Indian SchoolEDUCATION | Holbrook, AZ | $40K | 2023 |
| Pleasant Hill Sda ChurchRELIGIOUS | Pleasant Hill, CA | $40K | 2023 |
| Campus Hill Sda ChurchRELIGIOUS | Loma Linda, CA | $40K | 2023 |
| Thumbs Up IncCHARITABLE | Beaufort, SC | $40K | 2023 |
| Wholelife ChurchEDUCATION | Orlando, FL | $40K | 2023 |
| North Pacific Union ConferenceHEALTH | Ridgefield, WA | $40K | 2023 |
| Orchard Park Seventh-Day Adventist ChurchRELIGIOUS | Chattanooga, TN | $40K | 2023 |
| Advent Hope Ventures IncRELIGIOUS | New York, NY | $40K | 2023 |
| Time For Equality In Adventist MinistryCHARITABLE | Langley Park, MD | $40K | 2023 |
| Alberta Conference Of The Seventh-Day Adventist ChurchRELIGIOUS | Lacombe | $40K | 2023 |
| New Life Sda ChurchRELIGIOUS | Gaithersburg, MD | $38K | 2023 |
| Cares Learning Partnership - North Dallas Sda AcademyCHARITABLE | Oakland, CA | $36K | 2023 |
| The Unforgettables FoundationCHARITABLE | Redlands, CA | $35K | 2023 |
| Sonscreen Film Festival - NadEDUCATION | Columbia, MD | $35K | 2023 |
| Spectrumassociation Of Adventist ForumsRELIGIOUS | Roseville, CA | $35K | 2023 |
| Agape Sda Church StlRELIGIOUS | University City, MO | $32K | 2023 |
| Us Dream AcademyEDUCATION | Silver Spring, MD | $32K | 2023 |
| Farm Stew InternationalCHARITABLE | Princeton, IL | $32K | 2023 |
| Save Our YouthHEALTH | Florissant, MO | $30K | 2023 |
| Port Angeles Sda ChurchRELIGIOUS | Port Angeles, WA | $30K | 2023 |
| Lake Union Conference Of SdaEDUCATION | Berrien Springs, MI | $30K | 2023 |
| Texas Conference Of Seventh-Day Adventist Office Of EducationEDUCATION | Alvarado, TX | $30K | 2023 |
| New Haven Sda ChurchRELIGIOUS | Overland Park, KS | $30K | 2023 |
| Loma Linda University HealthHEALTH | Loma Linda, CA | $30K | 2023 |
| Christian Record Services IncRELIGIOUS | Lincoln, NE | $29K | 2023 |
| Georgia Cumberland Conference Of Seventh-Day AdventistEDUCATION | Calhoun, GA | $27K | 2023 |
| Tappahannock Junior AcademyEDUCATION | Tappahannock, VA | $25K | 2023 |
| Capitol City Seventh-Day Adventist ChurchRELIGIOUS | Sacramento, CA | $25K | 2023 |
| Friendships For Hope IncCHARITABLE | National City, CA | $25K | 2023 |
| Bloom Anyhow IncRELIGIOUS | Bowie, MD | $25K | 2023 |
| Church Of The Advent HopeRELIGIOUS | New York, NY | $25K | 2023 |
| Cares Learning Partnership - Restorative PracticesCHARITABLE | Oakland, CA | $24K | 2023 |
| Beacon Light Sda ChurchRELIGIOUS | Annapolis, MD | $23K | 2023 |
| Forks Sda ChurchRELIGIOUS | Forks, WA | $20K | 2023 |
| Ethnan Temple Sda ChurchRELIGIOUS | Wilkinsburg, PA | $20K | 2023 |
| Florida Conference Office Of EducationEDUCATION | Altamonte Springs, FL | $20K | 2023 |
| Penn Valley Seventh Day Adventist ChurchRELIGIOUS | Penn Valley, CA | $20K | 2023 |
| Salem Sda ChurchHEALTH | Columbus, MS | $20K | 2023 |
| Markham Woods Sda ChurchRELIGIOUS | Longwood, FL | $20K | 2023 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA