Pennsylvania · Private foundation
The Veloric Foundation
Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.
- $514k
- Granted FY2024(still arriving)
- 30
- Grants FY2024
- 16
- Organizations funded FY2023
- 56%
- First-time grantees FY2023
- Median grant, FY2024
- $5,000
- Largest grant, FY2024
- $105,500
- Organizations funded a year
- 10 to 16
- FY2022 to FY2023
- States reached, FY2024
- 7
- Total assets, FY2024
- $6.8M
- Applications
- Preselected organizations only
- Per its most recent filing; check its own site
How open it is to new grantees
In FY2023, 56% of the organizations The Veloric Foundation funded were first-time grantees, receiving 50% of its grant dollars.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 26 | $394k | 62% |
| FY2023 | 16 | $369k | 56% |
| FY2022 | 10 | $402k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2022 to 2024.
Where its grants go
Grant dollars by states, across the years we hold.
Which US states its grants reach
Top grantees
Largest recipients by total granted, FY2022 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| American University | $305,500 | 3 | 0% |
| Council for Relationships Inc | $105,000 | 3 | 1% |
| Thomas Jefferson University | $100,000 | 1 | 0% |
| American Jewish Committee | $100,000 | 1 | 0% |
| Boca Raton Regional Hospital Inc | $60,000 | 2 | 0% |
| Shane Victorino Foundation | $40,000 | 3 | 64% |
| The University of the Arts | $30,000 | 2 | 0% |
| Drexel University | $30,000 | 3 | 0% |
| The Enterprise Center | $21,000 | 2 | 0% |
| The Enterprise Center Community Development Corporation | $20,000 | 1 | 1% |
Show all 26 grantees
What it could do for these grantees
Plus 9 recipients with no EIN on record ($277k), not named here.
Where it is load-bearing
The Veloric Foundation supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 23 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: The Daniel B and Florence E Green Foundation · The William Penn Foundation · The Philadelphia Foundation · The Pfizer Foundation Inc · The Bank of America Charitable Foundation Inc · Vanguard Charitable Endowment Program · Morgan Stanley Global Impact Funding Trust Inc · Network for Good · Fidelity Investments Charitable Gift Fund · Donor Advised Charitable Giving Inc · American Online Giving Foundation Inc · Amazonsmile Foundation
How this is measured
About The Veloric Foundation
- How much does The Veloric Foundation give?
- The Veloric Foundation reported 30 grants totaling $513,900 in its FY2024 IRS filing. It funded between 10 and 16 organizations a year over FY2022 to FY2023.
- What does The Veloric Foundation fund?
- By grant dollars over FY2022 to FY2024, its largest causes are Philanthropy (82%), Education (6%), Science & Tech (4%).
- Who are The Veloric Foundation's largest grantees?
- By total granted over FY2022 to FY2024: American University ($306k), Council for Relationships Inc ($105k), Thomas Jefferson University ($100k).
- Does The Veloric Foundation fund new organizations?
- In FY2023, 56% of the organizations it funded were first-time grantees.
- Does The Veloric Foundation accept unsolicited applications?
- Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
- Which funders back the same organizations as The Veloric Foundation?
- Its strongest co-funders, measured against what their size predicts, include The Daniel B and Florence E Green Foundation, The William Penn Foundation, The Philadelphia Foundation.
- Where is The Veloric Foundation based?
- The Veloric Foundation is based in PA.
Play a game based on Veloric’s filings →