Verdad Foundation
- Assets
- $4.0m
- Revenue
- $290.9k
- Investments
- $3.6m
- Employees
- 0
- Location
- Casper, WY
- Founding
- 02/2012
- Data as of
- 06/2022
- EIN
- 27-6382632
Organization Overview
Verdad Foundation is located in Casper, WY. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Verdad Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Verdad Foundation generated $290.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $262.5k during the year ending 06/2022. While expenses have increased by 5.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Verdad Foundation has awarded 30 individual grants totaling $413,300. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
H A True III Trustee | 0 | $0 | |
Karen S True Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $84,151 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $206,732 |
| Capital Gain Net Income | $206,732 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $290,883 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,975 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,880 |
| Total operating and administrative expenses | $8,855 |
| Contributions, gifts, grants paid | $253,600 |
| Total expenses and disbursements | $262,455 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,509 |
| Savings and temporary cash investments | $398,790 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,665 |
| Total assets | $4,042,421 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Verdad Foundation has awarded $253,600 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Simi Valley, CA PURPOSE: TO COMPLETE PRESIDENT REAGAN'S UNFINISHED WORK AND TO PRESERVE AND PROMOTE THE TIMELESS PRINCIPLES HE CHAMPIONED: INDIVIDUAL LIBERTY, ECONOMIC OPPORTUNITY, GLOBAL DEMOCRACY AND NATIONAL PRIDE | $83,333 |
WESTERN STATES SAGE GROUSE RECOVERY FOUNDATION PURPOSE: CAPTIVE BREEDING AND RAISING OF THE GREATER SAGE-GROUSE TO ENSURE PRESERVATION OF THE SPECIES AND AVOID LISTING AS ENDANGERED. | $50,000 |
Oklahoma City, OK PURPOSE: TO PRESERVE AND INTERPRET THE EVOLVING HISTORY AND CULTURES OF THE AMERICAN WEST FOR THE EDUCATION AND ENRICHMENT OF ITS DIVERSE AUDIENCE OF ADULTS AND CHILDREN | $20,100 |
Denver, CO PURPOSE: EDUCATION OF LIVESTOCK PRODUCTION, DEVELOPMENT OF YOUTH, AND EDUCATING THE GENERAL PUBLIC | $16,667 |
CHILDREN'S HOSPITAL COLORADO FOUNDATION PURPOSE: TO EDUCATE AND ENGAGE WITH THE COMMUNITY ON THE HOSPITAL'S BEHALF, TO FUNDRAISE FOR THE HOSPITAL AND TO STEWARD FUNDS RAISED FOR CHILDREN AND FAMILIES WHO NEED CHILDREN'S HOSPITAL COLORADO | $12,000 |
ALLIANCE FOR CHOICE IN EDUCATION PURPOSE: TO PROVIDE LOW-INCOME FAMILIES WITH THE POWER OF EDUCATION CHOICE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walter Scott Family Foundation Omaha, NE | $596,551,475 | $88,689,053 |
Dennis R Washington Foundation Inc Missoula, MT | $1,024,973,213 | $135,352,040 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Buffett Early Childhood Fund Omaha, NE | $9,728,090 | $31,407,344 |
Jon And Karen Huntsman Foundation Salt Lake City, UT | $0 | $68,260,311 |
J A & Kathryn Albertson Foundation Inc Boise, ID | $0 | $34,850,275 |
El Pomar Foundation Colorado Springs, CO | $452,441,260 | $71,471,160 |
George S Eccles And Delores Dore Eccles Foundation Salt Lake City, UT | $0 | $176,040,595 |
The Lozier Foundation Omaha, NE | $440,536,134 | $84,469,210 |
Catena Foundation Carbondale, CO | $397,661,850 | $217,833,912 |
Temple Hoyne Buell Foundation Denver, CO | $377,422,437 | $27,172,510 |
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |