Funder DirectoryVERNA O CANOVA FOUNDATION
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Private foundation (trust)EIN 464135266Est. 2014-06

VERNA O CANOVA FOUNDATION

MARINE ON ST CROIX, MN 55047

Accepts unsolicited proposals

Total Assets

$6.7M

FY 2024

Annual Giving

$267K

FY 2024

Grants Made

26

FY 2024

Avg Grant

$10K

FY 2024

Grant Range

$3K–$20K

Typical

Deadlines

By the end of february

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Revenue

$374K

Total Expenses

$350K

Qualifying Distributions

$305K

Distributable Amount

$308K

Min. Investment Return

$312K

Payout rate 99%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.99%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

26 grants

Grant sizes from minimum $3K through median $10K to maximum $20K, 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

6 years

Giving over time from 2018 to 2024. Peak $439K in 2020. Hover bars for details.

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

Top Recipients

141 grants

MANITO LIFE CENTER
$165K
6 grants
VIA OF THE LEHIGH VALLEY
$155K
6 grants
PA COURT APPOINTED SPECIAL ADVOCATES ASSOCIATION
$105K
4 grants
THE LITERACY CENTER
$100K
6 grants
BOYS & GIRLS CLUB OF ALLENTOWN
$96K
5 grants
COMMUNITY MUSIC SCHOOL
$95K
6 grants
MEALS ON WHEELS OF LEHIGH COUNTY
$90K
6 grants
REPERTORY DANCE THEATRE
$85K
5 grants

Grant Size Distribution

141 grants

<$10K
75
grants
$10–50K
66
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

4 states

Pennsylvania
$1.8M
89% of total
Massachusetts
$153K
8% of total
Minnesota
$50K
2% of total
New Mexico
$10K
0% of total

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VERNA O CANOVA FOUNDATION — Grants, Financials & Contact | Grantivo