Verano Fund

Organization Overview

Verano Fund is located in Boston, MA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Verano Fund 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 12/2021, Verano Fund generated $69.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (30.9%) each year. All expenses for the organization totaled $177.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Verano Fund has awarded 204 individual grants totaling $838,750. 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)Compensation
A Dix Leeson Jr
Trustee
$0
Charles E Clapp III
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Howland Capital Management
$25,464
Howland Capital Management
$1,750
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $52,448
Net Rental Income$0
Net Gain on Sale of Assets $17,383
Capital Gain Net Income $17,383
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $69,831

Grants Awarded

Over the last fiscal year, Verano Fund has awarded $145,500 in support to 30 organizations.

Grant RecipientAmount

WATER FOR THE SOUTH SUDAN

Org PageRecipient Profile

Rochester, NY

PURPOSE: 2021 GRANT

$35,000

WOODS HOLE OCEANOGRAPHIC INSTITUTE

Org PageRecipient Profile

Woods Hole, MA

PURPOSE: 2021 GRANT

$12,500

CRISP

PURPOSE: 2021 GRANT

$8,000

TRUSTEES OF TRINTY COLLEGE CLASS OF 1940

PURPOSE: 2021 GRANT

$7,500

IOWA FOOD BANK

PURPOSE: 2021 GRANT

$7,000

IOWA PUBLIC RADIO

Org PageRecipient Profile

Des Moines, IA

PURPOSE: 2021 GRANT

$7,000
View Grant Profile

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