Funder DirectoryTHE VELORIC FOUNDATION
Back to directory

Private foundation (trust)EIN 232387629Est. 1986-10

THE VELORIC FOUNDATION

BALA CYNWYD, PA 19004

Total Assets

$7.2M

FY 2023

Annual Giving

$7.4M

FY 2023

Grants Made

24

FY 2023

Avg Grant

$308K

FY 2023

Grant Range

$1K–$6.8M

Typical

Deadlines

Applications

Focus Areas

Employment

Financial Snapshot

2023 filing

Total Revenue

$521K

Total Expenses

$7.5M

Qualifying Distributions

$7.5M

Distributable Amount

$398K

Min. Investment Return

$403K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

24 grants

Grant sizes from minimum $1K through median $10K to maximum $6.8M, 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

2 years

Giving over time from 2022 to 2023. Peak $7.4M in 2023. Hover bars for details.

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

Top Recipients

35 grants

FIDELITY CHARITABLE GIFT FUND
$6.8M
1 grant
AMERICAN TECHNION SOCIETY
$275K
3 grants
AMERICAN UNIVERSITY
$200K
2 grants
AMERICAN JEWISH COMMITTEEJACOB BLAUSTEIN BLDG
$100K
1 grant
AMERICAN JEWISH COMMITTEE
$100K
1 grant
THOMAS JEFFERSON UNIVERSITY
$100K
1 grant
BRYN MAWR FOUNDATION
$50K
1 grant
BOCA RATON REGIONAL HOSPITAL INC
$40K
1 grant

Grant Size Distribution

35 grants

<$10K
19
grants
$10–50K
7
grants
$50–250K
8
grants
$250K–1M
$1–5M
$5M+
1
grants

Geographic Focus

7 states

Massachusetts
$6.8M
86% of total
New York
$482K
6% of total
Pennsylvania
$291K
4% of total
District of Columbia
$200K
3% of total
Florida
$60K
1% of total
Nevada
$25K
0% of total
New Jersey
$10K
0% of total

Ready to work on a proposal for THE VELORIC FOUNDATION?

Open a draft with this funder pre-selected. Add guidelines when you have them.

Draft an application for THE VELORIC FOUNDATION
Funder alerts

Track THE VELORIC FOUNDATION

Get an email when Grantivo has new data for THE VELORIC FOUNDATION, such as a fresh IRS filing, updated financials, or newly reported grants. No account needed.

Free. Unsubscribe anytime. Or create an account to draft an application.

THE VELORIC FOUNDATION — Grants, Financials & Contact | Grantivo