Gilbert Verney Foundation
The Gilbert Verney Foundation is a corporate foundation based in Bennington, New Hampshire, established in 1949. The foundation operates with no employees and maintains a focus on charitable contributions across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-6.0% YoY
Annual Giving
$176K
-4.9% YoY
Grant Count
23
-58.9% YoY
Avg Grant Size
$8K
+131.5% YoY
Under IRS private-foundation payout rules, Gilbert Verney Foundation reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation primarily funds contributions to spine research and innovations. Additionally, the foundation supports Pierce Elementary School and maintains an annual fund for various charitable purposes.
Grantmaking
The foundation is an active grantmaker, distributing 57 grants in 2024. Recent grants include:
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $1,096,109
- Total revenues: $69,435
- Total expenses: $192,147
The foundation's asset base has remained relatively stable, ranging between approximately $800,000 and $1.2 million over the 2020-2024 period.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,096,109 | $1,166,632 | $1,094,152 |
| Revenue | $69,435 | $212,041 | $159,732 |
| Expenses | $192,147 | $187,741 | $241,665 |
| Qualifying Distributions | $179,160 | $175,588 | $221,251 |
| Net Investment Income | $55,593 | $51,923 | $4,323 |
| Distributable Amount | $47,240 | $48,484 | $54,783 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
223 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Friends of Boca Grande Community Center ($50,000), The Grapevine ($22,000), All Saints' Church ($17,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL SAINTS' CHURCH PETERBOROUGH, NH | CONTRIBUTION | $17,500 |
| BARRIER ISLAND PARKS SOCIETY BOCA GRANDE, FL | CONTRIBUTION | $1,750 |
| CATHLEEN STONE ISLAND OUTWARD BOUND MIAMI, FL | CONTRIBUTION | $1,000 |
| COMMUNITY FOUNDATION FOR NANTUCKET NANTUCKET, MA | CONTRIBUTION | $5,000 |
| CROTCHED MOUNTAIN FOUNDATION MANCHESTER, NH | CONTRIBUTION | $2,500 |
| CVCSF PETERBOROUGH, NH | CONTRIBUTION | $2,500 |
| FRIENDS OF BOCA GRANDE COMMUNITY CENTER BOCA GRANDE, FL | CONTRIBUTION | $50,000 |
| GRANITE STATE WOODLAND INSTITUTE CONCORD, NH | ANNUAL FUND CONTRIBUTION | $5,000 |
| HARRIS CENTER HANCOCK, NH | CONTRIBUTION | $5,500 |
| HURRICANE ISLAND FOUNDATION ROCKLAND, ME | CONTRIBUTION | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD VERNEY | PRESIDENT | 1 | — |
| E GEOFFREY VERNEY | TRUSTEE | 1 | — |
| LUMINA V GREENWAY | TRUSTEE | 1 | — |
Frequently Asked Questions
What does Gilbert Verney Foundation fund?
The foundation primarily funds contributions to spine research and innovations. Additionally, the foundation supports Pierce Elementary School and maintains an annual fund for various charitable purposes.
How do I apply for a grant from Gilbert Verney Foundation?
The foundation is an active grantmaker, distributing 57 grants in 2024. Recent grants include: • Friends of Boca Grande Community Center: $50,000 (December 2024) • The Grapevine Family and Community Resource Center: $22,000 (December 2024) • All Saints Church: $17,500 (December 2024) The foundation made additional grants beyond those listed above in 2024.
What size grants does Gilbert Verney Foundation award?
In 2024, Gilbert Verney Foundation awarded 23 grants totaling $176K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Gilbert Verney Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gilbert Verney Foundation reported a distributable amount of $47K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gilbert Verney Foundation's EIN?
Gilbert Verney Foundation's EIN (Employer Identification Number) is 02-6007363. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gilbert Verney Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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