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EIN 13-3319048

Verizon Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Basking Ridge
State
New Jersey
Year formed
1987
Most recent tax filings
2022-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Verizon Foundation focuses on making grants that N/A. It is a corporate foundation located in Basking Ridge, NJ. Last year, it made $23,300,355 in grants and it has total assets of $19,360,141.
Total revenues
$6,748,199
2022
Total expenses
$5,248,367
2022
Total assets
$26,786,747
2022
Num. employees
n/a

Grants made by Verizon Foundation

GranteeGrant descriptionAmount
Human Rights Campaign FoundationHRC Foundations Professional Development and Training Institute$500,000
International Rescue Committee (IRC)Mip Payout for 04/01/2022$31,677
Doctors without Borders USAMip Payout for 04/01/2022$23,652
...and 740 more grants made totalling $2,354,708

Personnel at Verizon Foundation

NameTitleCompensation
Laurence D FultonChief Investment Officer$0
Chan SinPast Treasurer
Rose M KirkPresident$0

Financials for Verizon Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$6,360,000
Investment income and dividends$382,625
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$5,574
Total revenues$6,748,199

Form 990s for Verizon Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990PFView PDF
2021-122022-11-11990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-02-08990PFView PDF
2018-122019-12-23990PFView PDF
...and 9 more Form 990s

Organizations like Verizon Foundation

OrganizationLocationRevenue
Hyatt Hotels FoundationChicago, IL$5,406,006
Accenture FoundationChicago, IL$5,639,776
Finish Line Youth FoundationIndianapolis, IN$3,357,510
Regal FoundationKnoxville, TN$4,177,990
Turner Construction Company FoundationCincinnati, OH$4,817,688
Hyatt FoundationChicago, IL$2,066,402
MUFG Union Bank FoundationMilwaukee, WI$11,267,783
Centerpoint Energy FoundationHouston, TX$5,340,538
Hewlett Packard Enterprise FoundationWashington, DC$3,007,817
Best Buy FoundationRichfield, MN$22,106,255
Data update history
January 22, 2024
Updated personnel
Identified 2 new personnel
January 15, 2024
Posted financials
Added Form 990PF for fiscal year 2022
August 5, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 28, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 28, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedNational levelTax deductible donationsNo full-time employees
General information
Address
PO Box 627
Basking Ridge, NJ 07920
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Somerset County, NJ
Website URL
verizon.com/ 
Phone
(908) 559-2735
IRS details
EIN
13-3319048
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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