NonprofitsVernon Foundation

Philanthropy, Voluntarism & Grantmaking Foundations

Vernon Foundation

RICHFIELD, OH

Total revenue

$37K

Total expenses

$24K

Net assets

$12K

Grants received

$10K

1 grants

EIN

932243274

Tax year

2023

Mission

The Vernon Family Foundation is a philanthropic organization dedicated to addressing the existential and educational needs of underprivileged individuals in the Greater Cleveland area and beyond.

Financials

FY 2023

Revenue

Contributions & grants$37K
Program service revenue
Investment income
Other revenue
Total revenue$37K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$20K
Total expenses$24K
Total assets$12K
Net assets$12K

People

4 listed

NameRoleCompensation

{"_":"Rainell Vernon I","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Board Chairman

Board

5 hrs/wk

{"_":"Rainell Vernon II","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Vice Chairman

Board

2 hrs/wk

{"_":"David Reynolds","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Treasurer

Board

2 hrs/wk

{"_":"Larry Craig","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Board Member

Board

2 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$10K
For grant recipient's exempt purposes
2023

Funded by

$10K from 1 funder · 1 grant · 2023

Details

EIN932243274
NTEE codeT12
Subsection03
Ruling date2023-07
VERNON FOUNDATION — Mission, Financials & Grants Received | Grantivo