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Project Purple Inc

SEYMOUR, CT EIN: 27-3492063 Website

THE MISSION OF PROJECT PURPLE IS TO RAISE AWARENESS AND FUNDS TOWARD A CURE OF PANCREATIC CANCER. IN ADDITION, PROJECT PURPLE MOTIVATES PEOPLE TO RUN IN WORLD RENOWNED MARATHONS AND HALF MARATHONS TO RAISE MISSION CRITICAL FUNDS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

+14.9% YoY

Annual Giving

$1.0M

+130.0% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$259K

+130.0% YoY

About Project Purple Inc

Based on IRS filings

Project Purple Inc is a nonprofit organization focused on Medical Research, based in SEYMOUR, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 4 grants totaling $1.0M. Net investment income was $44K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

Ann ArborChicagoDurhanHartfordLincolnPotomac

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$866K$2M$3M$3M20202021202220232024
Metric202420232022
Total Assets$2,234,680$1,944,886$1,495,812
Revenue$2,996,848$2,556,444$1,765,053
Expenses$3,149,439$2,108,354$1,420,478
Qualifying Distributions
Net Investment Income$43,728$27,440$5,874
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$259K$518K$776K$1M1 grants20202 grants20212 grants20224 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

HARTFORD HOSPITAL$485KDUKE UNIVERSITY$350KARBOR RESEARCH COLLABORA…$125KUNIVERSITY OF ILLINOIS -…$75K

Grant Size Distribution

13 grants across all recorded years

1<$50K3$50–100K7$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hartford Hospital ($485,024), Duke University ($350,000), Arbor Research Collaborative ($125,000).

RecipientPurposeAmount
ARBOR RESEARCH COLLABORATIVE ANN ARBOR, MICANCER RESEARCH$125,000
HARTFORD HOSPITAL HARTFORD, CTCANCER RESEARCH$485,024
DUKE UNIVERSITY DURHAN, NCCANCER RESEARCH$350,000
UNIVERSITY OF ILLINOIS - CHICAGO CHICAGO, ILCANCER RESEARCH$75,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

SANDINO VERRELLIFOUNDER AND$212K

From 2024 filing

NameTitleHoursCompensation
BRYAN LIVELYPRESIDENT3
BRENT SHEEHANVICE PRESIDE3
ALEX PALIOSTREASURER3
KATHLEEN BALDUCCISECRETARY2
TONY LUONGODIRECTOR1
BRET SCHIPPERDIRECTOR1
JAY BUTHDIRECTOR1
JENNIFER BECKAGEDIRECTOR1
SANDINO VERRELLIFOUNDER AND40$212,128

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Project Purple Inc?

Project Purple Inc is a nonprofit organization focused on Medical Research, based in SEYMOUR, CT. It holds $2.2M in total assets as of 2024.

How large is Project Purple Inc?

As of 2024, Project Purple Inc holds $2.2M in total assets with $3.0M in annual revenue. It awarded 4 grants totaling $1.0M in 2024.

Where does Project Purple Inc operate?

Project Purple Inc has awarded grants in Connecticut, Illinois, Maryland, Michigan, North Carolina, Nebraska.

What size grants does Project Purple Inc award?

In 2024, Project Purple Inc awarded 4 grants totaling $1.0M — an average of about $259K per grant, based on its IRS Form 990 filings.

What is Project Purple Inc's EIN?

Project Purple Inc's EIN (Employer Identification Number) is 27-3492063. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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