Funder DirectoryVER-NEL CHARITABLE FOUNDATION INC
Back to directory

Private foundation (trust)EIN 631203030Est. 1998-12

VER-NEL CHARITABLE FOUNDATION INC

SELMA, AL 367020799

Total Assets

$585K

FY 2023

Annual Giving

$28K

FY 2023

Grants Made

8

FY 2023

Avg Grant

$3K

FY 2023

Grant Range

$1K–$9K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$26K

Total Expenses

$37K

Qualifying Distributions

$30K

Distributable Amount

$32K

Min. Investment Return

$29K

Undistributed Income

$30K

Payout rate 93%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.93%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

8 grants

Grant sizes from minimum $1K through median $3K to maximum $9K, 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

5 years

Giving over time from 2018 to 2023. Peak $31K in 2022. Hover bars for details.

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

Top Recipients

44 grants

TENNESSEE STATE UNIVERSITY
$17K
3 grants
TUSKEGEE UNIVERSITY
$12K
3 grants
ALBANY STATE UNIVERSITY
$10K
3 grants
MOREHOUSE COLLEGE
$9K
2 grants
AUBURN UNIVERSITY
$9K
1 grant
THE UNIVERSITY OF ALABAMA
$9K
3 grants
AUBURN UNIVERSITY MONTGOMERY
$7K
2 grants
KENNESAW STATE UNIVERSITY
$7K
3 grants

Grant Size Distribution

44 grants

<$10K
44
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

7 states

Alabama
$62K
45% of total
Georgia
$35K
25% of total
Tennessee
$20K
14% of total
Virginia
$8K
6% of total
District of Columbia
$5K
4% of total
Louisiana
$5K
4% of total
Mississippi
$3K
2% of total

Ready to work on a proposal for VER-NEL CHARITABLE FOUNDATION INC?

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

Draft an application for VER-NEL CHARITABLE FOUNDATION INC
Funder alerts

Track VER-NEL CHARITABLE FOUNDATION INC

Get an email when Grantivo has new data for VER-NEL CHARITABLE FOUNDATION INC, 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.