Gilbert Verney Foundation

BENNINGTON, NH EIN: 02-6007363

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

-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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

Massachusetts $373K (38%)

New Hampshire $330K (34%)

Rhode Island $118K (12%)

Florida $95K (10%)

Oregon $30K (3%)

Maryland $11K (1%)

Maine $11K (1%)

District of Columbia $6K (1%)

+2 more states

States

District of Columbia Florida Illinois Massachusetts Maryland Maine New Hampshire New York Oregon Rhode Island

Cities

AchworthAcworthAntrimBedfordBenningtonBoca GrandeBostonBristolBrooklineChicagoColumbiaConcordDurhamFrancestownGainesvilleGainsvilleGreenfieldHancockJaffreyKeene

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.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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?

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.