Private foundation (trust)EIN 133319048Est. 1987-04
VERIZON FOUNDATION
BASKING RIDGE, NJ 07920
Total Assets
$26.0M
FY 2023
Annual Giving
$7.6M
FY 2023
Grants Made
9,748
FY 2023
Avg Grant
$782
FY 2023
Grant Range
$19–$1M
Typical
Deadlines
—
Applications
Focus Areas
Financial Snapshot
2023 filing
Total Revenue
$7.5M
Total Expenses
$7.4M
Qualifying Distributions
$7.6M
Distributable Amount
$1.2M
Min. Investment Return
$1.2M
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
9,748 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Top Recipients
500 grants
Grant Size Distribution
500 grants
Geographic Focus
42 states
+32 more states
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