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New Jersey · Private foundation

Vericon Foundation a Nj Nonprofit Corporation

TO PROMOTE RESEARCH AND DEVELOPMENT TO FIND CURES FOR VARIOUS DISEASES AS WELL AS TO ASSIST WITH PROGRAMS THAT ASSIST THE POOR AND SUCH OTHER DISADVANTAGED PERSONS. Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$53k
Granted FY2025(still arriving)
2
Grants FY2025
3
Organizations funded FY2024
0%
First-time grantees FY2024
Read the full brief
Median grant, FY2025
$50,000
Largest grant, FY2025
$50,000
Organizations funded a year
1 to 11
FY2017 to FY2024
States reached, FY2025
1
Total assets, FY2025
$1.0M
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2024, 0% of the organizations Vericon Foundation a Nj Nonprofit Corporation funded were first-time grantees, receiving 0% of its grant dollars.

New vs renewed · share of each year

In FY2024, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’19’20’21’22’23’24
Human ServicesArts & CultureYouth DevelopmentHealthFood & NutritionOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2025still arriving2$53k0%
FY20243$82k0%
FY20233$6k0%
FY20223$74k100%
FY20214$11k50%
FY202011$57k100%
FY20191$30k100%
FY20172$60kn/a
90% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Housing & Shelter$142kHuman Services$137kHealth$36kFood & Nutrition$25kYouth Development$23kCivil Rights$3kRecreation & Sports$2kReligion$102Other$0

Top grantees

Largest recipients by total granted, FY2017 to FY2025, and the share of each one’s budget the grants supplied at peak.

Plus 9 recipients with no EIN on record ($99k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Vericon Foundation a Nj Nonprofit Corporation supplied at peak.

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetElizabeth Coalition to House the Homeless Inc: $105,122 over 2y, 3.6% of budgetBridges Outreach Inc: $36,775 over 1y, 1.7% of budgetOasis - a Haven for Women & Children Inc: $36,775 over 1y, 0.5% of budgetImagine a Center for Coping With Loss: $30,000 over 1y, 2.8% of budgetSummit Area Young Men's Christian Association a Nj Nonprofit Corporation: $30,000 over 1y, 0.2% of budgetAll Stars Project Inc: $15,000 over 1y, 0.1% of budgetBoys & Girls Clubs of Union County Inc: $7,500 over 1y, 0.4% of budgetBlood Cancer United Inc: $5,500 over 4y, 0.0% of budgetHart Felt Ministries Inc: $5,000 over 1y, 1.4% of budgetAtlanta Community Food Bank Inc: $1,250 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 10.

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.

The Summit FoundationNJ15.7× affinity5 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Summit Foundation · Investors Foundation Inc · Community Foundation of New Jersey · Verizon Foundation · Ej Grassmann Trust · Pseg Foundation Inc · Jewish Community Foundation of Greater Metrowest NJ · The Hyde and Watson Foundation · Charities Aid Foundation America · The Bank of America Charitable Foundation Inc · National Philanthropic Trust · American Online Giving Foundation Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Vericon Foundation a Nj Nonprofit Corporation with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Vericon Foundation a Nj Nonprofit Corporation?

Find your warmest path to Vericon Foundation a Nj Nonprofit Corporation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Vericon Foundation a Nj Nonprofit Corporation

How much does Vericon Foundation a Nj Nonprofit Corporation give?
Vericon Foundation a Nj Nonprofit Corporation reported 2 grants totaling $52,614 in its FY2025 IRS filing. It funded between 1 and 11 organizations a year over FY2017 to FY2024.
What does Vericon Foundation a Nj Nonprofit Corporation fund?
By grant dollars over FY2017 to FY2025, its largest causes are Housing & Shelter (38%), Human Services (37%), Health (10%).
Who are Vericon Foundation a Nj Nonprofit Corporation's largest grantees?
By total granted over FY2017 to FY2025: Elizabeth Coalition to House the Homeless Inc ($105k), Bridges Outreach Inc ($37k), Oasis - a Haven for Women & Children Inc ($37k).
Does Vericon Foundation a Nj Nonprofit Corporation fund new organizations?
In FY2024, 0% of the organizations it funded were first-time grantees.
Does Vericon Foundation a Nj Nonprofit Corporation 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 Vericon Foundation a Nj Nonprofit Corporation?
Its strongest co-funders, measured against what their size predicts, include The Summit Foundation, Investors Foundation Inc, Community Foundation of New Jersey.
Where is Vericon Foundation a Nj Nonprofit Corporation based?
Vericon Foundation a Nj Nonprofit Corporation is based in NJ.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 19 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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