THE VERNI FOUNDATION INC

MAMARONECK, NY · EIN 260076179 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Micro (<$100K)

revenue

$11K

expenses

$4K

net assets

$203K

employees

—

profile · synthesized from sources

The Verni Foundation Inc is a private foundation based in Mamaroneck, New York, focused on philanthropy and grantmaking. It supports a range of nonprofit organizations with grants for housing, food pantries, educational scholarships, medical assistance, and general program operations. The foundation has awarded grants to institutions in New York and Pennsylvania since at least 2019.

named programs · 3 · from sources

What they call their work

Community Services Grants

Supports local community organizations including food pantries, housing alliances, and resource centers with operational funding.

Medical Assistance Funding

Grants to organizations like the Leukemia & Lymphoma Society to support medical research and patient services.

Scholarship Fund Support

Provides financial support to students through grants to Sacred Heart High School and Widener University for scholarships and educational funding.

activities · 7 groups

What they do

Performing Arts Production Support 1 activity
- Funding arts and youth development programs
  
  Funds Highbridge Voices to support its program operations focused on arts and youth engagement.
Church and Congregation-Based Financial Aid 1 activity
- Funding food pantry operations through grants
  
  Funds the Mamaroneck Hunger Tasks Force to support food pantry operations.
General Operating Support Grants 1 activity
- Funding general program operations for community organizations
  
  Funds the Community Resource Center and other similar organizations for general program operations.
University-Specific Endowment and Program Funding 1 activity
- Funding higher education initiatives
  
  Funds Widener University’s Annual Fund for educational purposes, supporting broader institutional needs.
Capital Infrastructure Funding 1 activity
- Funding housing programs through grants
  
  Funds the Washingtonville Housing Alliance to support housing-related programs.
Cancer Research Funding 1 activity
- Funding medical assistance and disease research
  
  Funds the Leukemia & Lymphoma Society to support medical assistance programs and related services.
Private K–12 School Support 1 activity
- Funding scholarship programs at educational institutions
  
  Funds Sacred Heart High School to support a scholarship program, with multiple grants awarded for this purpose.

financials · form 990PF · fy2024

revenue

Total revenue$11K

Contributions & grants——

Program service revenue——

Investment income$11K100%

Other revenue—

expenses

Total expenses$4K

Program expenses—

Admin / overhead—

Fundraising—

Salaries & benefits—

Grants paid out$3K

balance sheet

Total assets$209K

Cash—

Investments—

Liabilities—

Net assets$203K

6 years on record · 2019–2024 · YoY revenue +11.2%

relationships · 8

Who they work with

COMMUNITY RESOURCE CENTER Partner — Receives grant funding for program operations.
GOOD SHEPHERD CATHOLIC CHURCH Partner — Receives grant funding for program operations.
HIGHBRIDGE VOICES Partner — Receives grant funding for program operations.
LEUKEMIA & LYMPHOMA SOCIETY Partner — Receives grant funding for medical assistance programs.
MAMARONECK HUNGER TASKS FORCE Partner — Receives grant funding for food pantry operations.
SACRED HEART HIGH SCHOOL Partner — Receives grant funding for scholarship programs.
WASHINGTONVILLE HOUSING ALLIANCE Partner — Receives grant funding for housing programs.
WIDENER UNIV ANNUAL FUND Partner — Receives grant funding for educational annual fund purposes.