The Sam Vernice Family Foundation Xxxxx1007

CHICAGO, IL EIN: 72-6135038

The Sam Vernice Family Foundation Xxxxx1007 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $276K in total assets. In 2024, it awarded 8 grants totaling $11K. Net investment income was $18K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$276K

+3.2% YoY

Annual Giving

$11K

-2.8% YoY

Grant Count

8

+0.0% YoY

Avg Grant Size

$1K

-2.8% YoY

Under IRS private-foundation payout rules, The Sam Vernice Family Foundation Xxxxx1007 reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About The Sam Vernice Family Foundation Xxxxx1007

Based on IRS filings

The Sam Vernice Family Foundation Xxxxx1007 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $276K in total assets. In 2024, it awarded 8 grants totaling $11K. Net investment income was $18K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

Baton RougeCovingtonMemphisNew OrleansNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8K$16K$24K$32K20202021202220232024
Metric202420232022
Total Assets$276,193$267,667$266,200
Revenue$19,864$16,308$15,998
Expenses$14,794$12,804$14,558
Qualifying Distributions$12,535$12,682$13,809
Net Investment Income$17,839$16,229$15,789
Distributable Amount$13,587$12,367$12,773

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$6K$9K$12K8 grants20208 grants20218 grants20228 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

LSU HEALTH SCIENCES$6KSOCIETY FOR PROPAGATION$1KST JUDE CHILDRENS RESEARCH$1KOUR LADY OF THE LAKE FOU…$1KBATON ROUGE GENERAL FOUN…$1KNORTHSHORE FOOD BANK$500GREATER BATON ROUGE FOOD…$500MEMORIAL SLOAN-KETTERING…$200

Grant Size Distribution

40 grants across all recorded years

40<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lsu Health Sciences ($5,813), Society for Propagation ($1,000), St Jude Childrens Research ($1,000).

RecipientPurposeAmount
SOCIETY FOR PROPAGATION NEW YORK, NYGENERAL$1,000
ST JUDE CHILDRENS RESEARCH MEMPHIS, TNGENERAL$1,000
LSU HEALTH SCIENCES NEW ORLEANS, LAGENERAL$5,813
MEMORIAL SLOAN-KETTERING CANCER CTR NEW YORK, NYGENERAL$200
OUR LADY OF THE LAKE FOUNDATION BATON ROUGE, LAGENERAL$1,000
NORTHSHORE FOOD BANK COVINGTON, LAGENERAL$500
GREATER BATON ROUGE FOOD BANK INC BATON ROUGE, LAGENERAL$500
BATON ROUGE GENERAL FOUNDATION BATON ROUGE, LAGENERAL$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Sam Vernice Family Foundation Xxxxx1007?

The Sam Vernice Family Foundation Xxxxx1007 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $276K in total assets as of 2024.

How large is The Sam Vernice Family Foundation Xxxxx1007?

As of 2024, The Sam Vernice Family Foundation Xxxxx1007 holds $276K in total assets with $20K in annual revenue. It awarded 8 grants totaling $11K in 2024.

Where does The Sam Vernice Family Foundation Xxxxx1007 operate?

The Sam Vernice Family Foundation Xxxxx1007 has awarded grants in Louisiana, New York, Tennessee.

What size grants does The Sam Vernice Family Foundation Xxxxx1007 award?

In 2024, The Sam Vernice Family Foundation Xxxxx1007 awarded 8 grants totaling $11K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is The Sam Vernice Family Foundation Xxxxx1007 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Sam Vernice Family Foundation Xxxxx1007 reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Sam Vernice Family Foundation Xxxxx1007's EIN?

The Sam Vernice Family Foundation Xxxxx1007's EIN (Employer Identification Number) is 72-6135038. IRS Form 990 filing data is available on this page for 2020–2024.

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

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