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Filing year 2024

VERITAS FOUNDATION

Plymouth, Minnesota·EIN 20-2522960·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$419k
Total assets
$7.9M
Total expenses
$419k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. VERITAS FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

President
Treasurer
Secretary

Grants paid

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

Total granted

$369k

Itemized grants

7

Median grant

$50k

RecipientLocationPurposeAmount
CHESTERTON ACADEMYHOPKINS, MNGENERAL SUPPORT$125k
FRIENDS OF MINNESOTA MENS GYMNASTICSNEW BRIGHTON, MNGENERAL SUPPORT$100k
UNIVERSITY CHRISTIAN FELLOWSHIPDULUTH, MNGENERAL SUPPORT$53k
RIVERTREE SCHOOLMINNEAPOLIS, MNGENERAL SUPPORT$50k
CHI ALPHA CAMPUS MINISTRIES OF DULUTHDULUTH, MNGENERAL SUPPORT$28k
CHI ALPHA UMNSPRINGFIELD, MOGENERAL SUPPORT$8k
HOSPITALITY CENTERMINNEAPOLIS, MNGENERAL SUPPORT$6k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

VERITAS FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.6M
$326k
2023
$419k
$419k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

VERITAS FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $32,530.

25th percentile
$8k
Median
$32,530
75th percentile
$93k
90th percentile
$243k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 399 organizations across 399 filings (2021 – 2024).

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

Common questions about VERITAS FOUNDATION

What are VERITAS FOUNDATION's revenue and expenses?

In 2024, VERITAS FOUNDATION reported $419k in total revenue and $419k 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.