Verdad Foundation
- Assets
- $3.9m
- Revenue
- $121.1k
- Investments
- $3.5m
- Employees
- 0
- Location
- Casper, WY
- Founding
- 02/2012
- Data as of
- 06/2023
- 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 06/2023, Verdad Foundation generated $121.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (39.7%) each year. All expenses for the organization totaled $236.6k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Verdad Foundation has awarded 43 individual grants totaling $643,717. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
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 | $70,442 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $50,655 |
| Capital Gain Net Income | $50,655 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $121,097 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,621 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,513 |
| Total operating and administrative expenses | $6,134 |
| Contributions, gifts, grants paid | $230,417 |
| Total expenses and disbursements | $236,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,757 |
| Savings and temporary cash investments | $455,295 |
| 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 | $2,379 |
| Total assets | $3,926,967 |
| 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 $230,417 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
THE ALS ASSOCIATION PURPOSE: TO DISCOVER TREATMENTS AND A CURE FOR ALS, AND TO SERVE, ADVOCATE FOR, AND EMPOWER PEOPLE AFFECTED BY ALS TO LIVE THEIR LIVES TO THE FULLEST. | $200 |
CENTRAL WYOMING HOSPICE & TRANSITIONS PURPOSE: TO COMPANION THE END OF LIFE JOURNEY AND LOSS WITH SKILL AND COMPASSION. | $1,000 |
CHARLIE RUSSELL RIDERS FOUNDATION INC PURPOSE: SUPPORT OF CULTURAL PROGRAMS, HISTORIC PRESERVATION PROGRAMS, ANIMAL RESEARCH/PRESERVATION PROGRAMS | $1,000 |
BOYS AND GIRLS CLUB OF CENTRAL WYOMING PURPOSE: TO INSPIRE ALL YOUTH, ESPECIALLY THOSE WHO NEED US MOST, TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE, RESPONSIBLE, AND CARING CITIZENS | $1,000 |
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 | $10,750 |
HERITAGE FOUNDATION PURPOSE: FORMULATES AND PROMOTES CONSERVATIVE PUBLIC POLICIES BASED ON THE PRINCIPLES OF FREE ENTERPRISE, LIMITED GOVERNMENT, INDIVIDUAL FREEDOM, TRADITIONAL AMERICAN VALUES AND A STRONG DEFENSE | $1,000 |