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Filing year 2024

The Veale Foundation

Pepper Pike, Ohio·EIN 34-6565830·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$12.6M
Total assets
$122.2M
Total expenses
$8.4M
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. The Veale Foundation reported 5 unpaid officers and board members on its 990-PF.

Chairman
Trustee
Trustee
Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$6.9M

Itemized grants

57

Median grant

$10k

RecipientLocationPurposeAmount
UNIVERSITY HOSPITALSCLEVELAND, OHGENERAL FUND$5M
CASE WESTERN RESERVE UNIVERSITYCLEVELAND, OHVEALE INSTITUTE & ENGINEERING SCHOOL& VEALE NATATORIUM & SNYDER ENTREPRENEURIAL FELLOWSHIP & GENERAL FUND$573k
AMERICAN FOREIGN POLICY COUNCILWASHINGTON, DCGENERAL FUND$400k
JUNIOR ACHIEVEMENT GREATER CLEVELANDCLEVELAND, OHGENERAL FUND$121k
JOHN CARROLL UNIVERSITYUNIVERSITY HEIGHTS, OHGENERAL FUND$61k
elder high schoolcincinnati, OHgeneral fund$50k
UNIVERSITY SCHOOLCHAGRIN FALLS, OHGENERAL FUND$45k
PLAYHOUSE SQUARECLEVELAND, OHGENERAL FUND$35k
MUSICAL ARTS ASSOCIATIONCLEVELAND, OHGENERAL FUND$28k
CLEVELAND MUSEUM OF NATURAL HISTORYCLEVELAND, OHGENERAL FUND$26k
AMERICAN RED CROSSCLEVELAND, OHGENERAL FUND$25k
CLEVELAND MUSEUM OF ARTCLEVELAND, OHGENERAL FUND$25k
CLEVELAND CLINICCLEVELAND, OHGENERAL FUND$25k
HOLDEN ARBORETUMKIRTLAND, OHGENERAL FUND$25k
solon italian club foundationsolon, OHgeneral fund$25k
GILMOUR ACADEMYGATES MILLS, OHGENERAL FUND & OUR LADY CHAPEL$24k
OHIO LIVING BRECKENRIDGE VILLAGEWILLOUGHBY, OHGENERAL FUND$20k
ST CHRISTOPHER BY THE RIVERGATES MILLS, OHGENERAL FUND$20k
EDENCULTURETORONTO, OHGENERAL FUND$15k
YWCA OF CLEVELANDCLEVELAND, OHGENERAL FUND$15k
LAKE RIDGE ACADEMYNORTH RIDGEVILLE, OHGENERAL FUND$13k
UPCYCLE PARTS SHOPCLEVELAND, OHGENERAL FUND$12k
BEAUMONT SCHOOLCLEVELAND HEIGHTS, OHGENERAL FUND$10k
BENEDICTINE HIGH SCHOOLCLEVELAND, OHGENERAL FUND$10k
BluecoatsBEACHWOOD, OHGENERAL FUND$10k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

The Veale Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.5M
$8.9M
2023
$12.6M
$8.4M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Ohio

The Veale Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Ohio earns a median of $11,462.

25th percentile
$4k
Median
$11,462
75th percentile
$39k
90th percentile
$106k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,972 organizations across 1,972 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Ohio
FAQ

Common questions about The Veale Foundation

What are The Veale Foundation's revenue and expenses?

In 2024, The Veale Foundation reported $12.6M in total revenue and $8.4M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.