Reported officers (all unpaid)
No paid executives reported in 2023. THE VELORIC FOUNDATION reported 2 unpaid officers and board members on its 990-PF.
Grants paid
Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.
Total granted
$7.4M
Itemized grants
24
Median grant
$10k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| FIDELITY CHARITABLE GIFT FUND | BOSTON, MA | CONTRIBUTION | $6.8M |
| AMERICAN UNIVERSITY | WASHINGTON, DC | CONTRIBUTION | $100k |
| AMERICAN JEWISH COMMITTEEJACOB BLAUSTEIN BLDG | NEW YORK, NY | CONTRIBUTION | $100k |
| AMERICAN TECHNION SOCIETY | NEW YORK, NY | CONTRIBUTION | $100k |
| AMERICAN TECHNION SOCIETY | NEW YORK, NY | CONTRIBUTION | $100k |
| BOCA RATON REGIONAL HOSPITAL INC | BOCA RATON, FL | CONTRIBUTION | $40k |
| COUNCIL FOR RELATIONSHIPS INC | PHILADELPHIA, PA | CONTRIBUTION | $25k |
| THE ENTERPRISE CENTER | PHILADELPHIA, PA | CONTRIBUTION | $20k |
| JEWISH FEDERATION OF SOUTH PALM BEACH | BOCA RATON, FL | CONTRIBUTION | $20k |
| SHANE VICTORINO FOUNDATION | LAS VEGAS, NV | CONTRIBUTION | $15k |
| MEDITATION4LEADERSHIP | MOORESTOWN, NJ | CONTRIBUTION | $10k |
| GLOBAL INTERDEPENDENCE CENTER | PHILADELPHIA, PA | CONTRIBUTION | $10k |
| THE UNIVERSITY OF THE ARTS | PHILADELPHIA, PA | CONTRIBUTION | $10k |
| DREXEL UNIVERSITY | PHILADELPHIA, PA | CONTRIBUTION | $10k |
| THE UNIVERSITY OF THE ARTS | PHILADELPHIA, PA | CONTRIBUTION | $10k |
| WOODS SERVICES INC | LANGHORNE, PA | CONTRIBUTION | $5k |
| PHILADELPHIA RONALD MCDONALDS HOUSE | PHILADELPHIA, PA | CONTRIBUTION | $5k |
| BOYS TOWN JERUSALEM FOUNDATION OF AMERICA | NEW YORK, NY | CONTRIBUTION | $3k |
| BOYS TOWN JERUSALEM FOUNDATION OF AMERICA | NEW YORK, NY | CONTRIBUTION | $3k |
| JEWISH NATIONAL FUND | NEW YORK, NY | CONTRIBUTION | $2k |
| ANGEL FLIGHT EAST | BLUE BELL, PA | CONTRIBUTION | $1k |
| THE ELWYN FOUNDATION | ELWYN, PA | CONTRIBUTION | $1k |
| THE MAGICAL MILA FOUNDATION | JENKINTOWN, PA | CONTRIBUTION | $1k |
| GLOBAL INTERDEPENDENCE CENTER | PHILADELPHIA, PA | CONTRIBUTION | $1k |
Revenue and expenses over time
THE VELORIC FOUNDATION reported revenue and expenses across 3 filing years.
This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
What Employment executives earn in Pennsylvania
THE VELORIC FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable employment organization in Pennsylvania earns a median of $100,204.
These are employment sector-wide figures, not this organization's reported pay. Based on 177 organizations across 177 filings (2022 – 2024).
See full Employment pay data for Pennsylvania →Common questions about THE VELORIC FOUNDATION
What are THE VELORIC FOUNDATION's revenue and expenses?
In 2023, THE VELORIC FOUNDATION reported $521k in total revenue and $7.5M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
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