Private foundation (trust)EIN 454038801Est. 2012-04

VERSADO FOUNDATION

WAKE FOREST, NC 27587

Total Assets

$90K

FY 2023

Annual Giving

$5K

FY 2023

Grants Made

9

FY 2023

Avg Grant

$547

FY 2023

Grant Range

$250–$1K

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$2K

Total Expenses

$10K

Qualifying Distributions

$5K

Distributable Amount

$4K

Min. Investment Return

$4K

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

9 grants

Grant sizes from minimum $250 through median $500 to maximum $1K, 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 $12K in 2020. Hover bars for details.

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

Top Recipients

68 grants

New Story Church
$5K
1 grant
ALLEGHANY COUNTY COMMUNITY FOUNDATION
$4K
4 grants
CROSS ASSEMBLY
$3K
2 grants
FRED OLDS PTA
$3K
3 grants
SOUTH RIVER PTC
$2K
2 grants
US COMMITTEE FOR REFUGEES & IMMIGRATION
$2K
4 grants
COMMUNITY FREE CLINIC INC
$2K
3 grants
UNICEF
$1K
1 grant

Grant Size Distribution

68 grants

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

Geographic Focus

16 states

North Carolina
$25K
57% of total
Michigan
$3K
6% of total
Virginia
$3K
6% of total
Florida
$2K
5% of total
District of Columbia
$2K
5% of total
Illinois
$2K
4% of total
Maryland
$2K
3% of total
Arizona
$1K
3% of total
Washington
$1K
2% of total
New York
$800
2% of total

+6 more states

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