Verizon Foundation
Preselected recipients only
Verizon Foundation is a private foundation in Basking Ridge, New Jersey. In tax year 2024 it gave $6.8 million in 5,464 grants; the typical grant was $500 and the largest $1.0 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$6.8 million
- Number of grants5,464
- Typical grant$500
- Largest grant$1.0 million
- Assets$23.8 million
- New grantees41%
Giving in 2024 was down from $7.3 million the year before.
41% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $7.3 million | 9,748 | $26.0 million |
| 2024 | $6.8 million | 5,464 | $23.8 million |
How to apply
Verizon Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Verizon Foundation funds
Where it gives
Its grants went to recipients in 52 states, the most to District of Columbia.
| State | Grants | Amount |
|---|---|---|
| District of Columbia | 131 | $1.1 million |
| Florida | 267 | $626,082 |
| New York | 726 | $617,296 |
| New Jersey | 608 | $491,270 |
| North Carolina | 177 | $464,856 |
| Georgia | 216 | $461,349 |
| Virginia | 307 | $385,486 |
| Pennsylvania | 351 | $385,392 |
| Massachusetts | 371 | $331,030 |
| Texas | 327 | $280,087 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| American National Red Cross | Other civic / community | $1.0 million |
| Volunteer Florida Foundation Inc | Other civic / community | $400,000 |
| United Way of North Carolina | Other civic / community | $300,000 |
| Community Foundation for the Csra | Other civic / community | $100,000 |
| Georgia Foumdaion for Agriculture Inc | Other civic / community | $100,000 |
| Greater Valdosta United Way Inc | Other civic / community | $50,000 |
| Second Harvest of South Georgia Inc | Other civic / community | $50,000 |
| Virginia Tech Foundation Inc | Other civic / community | $34,452 |
| V M I Foundation Incorporated | Other civic / community | $30,800 |
| Pennsylvania State University Philanthropic Fund | Other civic / community | $25,597 |
| St Jude Children's Research Hospital | Other civic / community | $23,691 |
| University of Notre Dame du Lac | Other civic / community | $23,541 |
| New Jersey Institute of Technology Foundation | Other civic / community | $21,900 |
| Villanova University | Other civic / community | $21,450 |
| Trustees of Princeton University | Other civic / community | $20,675 |
| Hillsdale College | Other civic / community | $19,250 |
| Duke University | Other civic / community | $18,479 |
| American Cancer Society | Other civic / community | $18,152 |
| Worcester Polytechnic Institute | Other civic / community | $18,100 |
| Boy Scouts of America | Other civic / community | $18,000 |
| Texas A&m Foundation | Other civic / community | $17,850 |
| University of Maryland College Park Foundation Inc | Other civic / community | $17,441 |
| Georgetown University | Other civic / community | $17,050 |
| Seminary of the Immaculate Conception | Other civic / community | $16,175 |
| Virginia State University Foundation | Other civic / community | $16,075 |
| American Heart Association Inc | Other civic / community | $15,488 |
| University of North Carolina at Chapel Hill | Other civic / community | $15,300 |
| Leukemia & Lymphoma Society Inc Headquartersgeneral Donation | Other civic / community | $14,096 |
| Gettysburg College | Other civic / community | $14,025 |
| University of Georgia Foundation | Other civic / community | $13,696 |
| American Friends of Magen David Adom | Other civic / community | $13,694 |
| University of Tampa | Other civic / community | $13,550 |
| Leukemia & Lymphoma Society Local Community Market Donations | Other civic / community | $13,459 |
| St Charles Borromeo Seminary | Other civic / community | $13,130 |
| Compassion International Incorporated | Other civic / community | $12,055 |
| Uod | Other civic / community | $12,000 |
| Pan-Massachusetts Challenge Inc | Other civic / community | $11,778 |
| Dartmouth College | Other civic / community | $11,702 |
| Lehigh University | Other civic / community | $11,400 |
| Fordham University | Other civic / community | $11,370 |
Officers and trustees
- Rose M Kirk Thru 1124
- Kee Chan Sin Thru 1224
- Laurence D Fulton
- Brandon N Egren
- Ronald Simon Thru 1224
- Lisa Czapka
- Donna Epps
- Jia Shan Lee
- Timothy Schlock
Questions people ask
Does Verizon Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Verizon Foundation give?
$6.8 million in tax year 2024, across 5,464 grants, with a typical grant of $500.
Who runs Verizon Foundation?
Its 2024 filing lists Rose M Kirk Thru 1124 (President), Kee Chan Sin Thru 1224 (Vice President and Treasurer), Laurence D Fulton (Chief Investment Officer) and Brandon N Egren (Secretary) among 9 officers and trustees.
What does Verizon Foundation fund?
Based on its grants, mainly community development, education and human services.