Funder DirectoryThe Veale Foundation
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Private foundation (trust)EIN 346565830Est. 1965-11

The Veale Foundation

Pepper Pike, OH 44124

Total Assets

$176.6M

FY 2024

Annual Giving

$6.9M

FY 2024

Grants Made

57

FY 2024

Avg Grant

$120K

FY 2024

Grant Range

$500–$5M

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$12.6M

Total Expenses

$8.4M

Qualifying Distributions

$7.3M

Distributable Amount

$8.4M

Min. Investment Return

$8.5M

Undistributed Income

$8.3M

Payout rate 87%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.87%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

57 grants

Grant sizes from minimum $500 through median $10K to maximum $5M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $10.3M in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

206 grants

UNIVERSITY HOSPITALS
$12M
3 grants
CASE WESTERN RESERVE UNIVERSITY
$11.9M
4 grants
CLEVELAND FOUNDATION
$2.1M
1 grant
AMERICAN FOREIGN POLICY COUNCIL
$1.3M
4 grants
UNIVERSITY OF MT UNION
$675K
2 grants
JOHN CARROLL UNIVERSITY
$208K
4 grants
UNIVERSITY SCHOOL
$180K
4 grants
CLEVELAND MUSEUM OF ART
$175K
4 grants

Grant Size Distribution

206 grants

<$10K
121
grants
$10–50K
68
grants
$50–250K
4
grants
$250K–1M
7
grants
$1–5M
5
grants
$5M+
1
grants

Geographic Focus

5 states

Ohio
$29.6M
96% of total
District of Columbia
$1.3M
4% of total
Indiana
$40K
0% of total
Maine
$8K
0% of total
New York
$5K
0% of total

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The Veale Foundation — Grants, Financials & Contact | Grantivo