The Ted and Jillyn Verdon Private Foundation

Private foundation · Grantmaker Newport Beach, CA EIN: 80-0872128

The Ted and Jillyn Verdon Private Foundation is a private foundation focused on Community Improvement & Capacity Building, based in Newport Beach, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $767K in total assets. In 2024, it awarded 5 grants totaling $38K. Net investment income was $25K.

Key facts about The Ted and Jillyn Verdon Private Foundation

In short: The Ted and Jillyn Verdon Private Foundation gave $38K across 5 grants in 2024 (avg $8K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
80-0872128
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$37,500
Grants made (2024)
5
Average grant
$7,500
Median grant
$6,000
Total assets
$766,553
Primary geography
California (68% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$767K

+11.9% YoY

Annual Giving

$38K

+21.0% YoY

Grant Count

5

-16.7% YoY

Avg Grant Size

$8K

+45.2% YoY

Under IRS private-foundation payout rules, The Ted and Jillyn Verdon Private Foundation reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.

How The Ted and Jillyn Verdon Private Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+4%). Method
  • In 2024 it paid out 106% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

IrvineRochesterRonkonkomaNewport BeachSan Juan CapistranoTustinChino HillsLaguna BeachAnaheimAtlantaCosta MesaNew YorkSanta Ana

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K10 grants2020 8 grants2021 6 grants2022 6 grants2023 5 grants2024

From 2020 to 2024, annual grant giving ranged from $31K (2023) to $40K (2022). In 2024 it made 5 grants totaling $38K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Discovery Cube: $10KDiscovery Cube$10KWyland Foundation: $10KWyland Foundation$10KAhrc Suffolk Chapter: $6KAhrc Suffolk Chapter$6KLourdes Foundation: $6KLourdes Foundation$6KOrange County Rescue Mission: $5KOrange County Rescue Mission$5K

The largest 2024 recipient was Discovery Cube ($10K). Together the top 5 received $38K.

Grant Size Distribution

35 grants across all recorded years

35<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 35 grants of 35 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Discovery Cube Santa Ana, CAGIFT$10,300
Wyland Foundation Irvine, CAGIFT$10,200
Ahrc Suffolk Chapter Ronkonkoma, NYGIFT$6,000
Lourdes Foundation Rochester, MNGIFT$6,000
Orange County Rescue Mission Tustin, CAGIFT$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$766,553$684,893$608,566
Revenue$25,397$-1,020$120,010
Expenses$45,630$38,495$44,886
Qualifying Distributions$37,500$31,000$39,500
Net Investment Income$25,397$9,095$119,579
Distributable Amount$35,389$31,883$32,652

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Ted and Jillyn Verdon Private Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Charles Haggerty

    Director

    On filings since 2020

    No compensation reported

  • Steve McGuigan

    Director

    On filings since 2020

    No compensation reported

  • Ted Verdon

    Director

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Ted and Jillyn Verdon Private Foundation

How much does The Ted and Jillyn Verdon Private Foundation give each year?

The Ted and Jillyn Verdon Private Foundation gave $38K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $31K across 6 grants.

What is The Ted and Jillyn Verdon Private Foundation's typical grant size?

The Ted and Jillyn Verdon Private Foundation's median grant in 2024 was $6,000, and its average grant was $7,500, across 5 grants on its 2024 IRS Form 990-PF.

Where does The Ted and Jillyn Verdon Private Foundation give grants?

The Ted and Jillyn Verdon Private Foundation gives mostly in California: 68% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New York (16%) and Minnesota (16%).

Does The Ted and Jillyn Verdon Private Foundation give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on The Ted and Jillyn Verdon Private Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Gift" (5 grants).

Who are The Ted and Jillyn Verdon Private Foundation's largest grantees?

The Ted and Jillyn Verdon Private Foundation's largest 2024 grantees include Discovery Cube ($10,300), Wyland Foundation ($10,200) and Ahrc Suffolk Chapter ($6,000), according to its 2024 IRS Form 990-PF. Together they received 71% of its itemized 2024 grant dollars.

How large is The Ted and Jillyn Verdon Private Foundation?

The Ted and Jillyn Verdon Private Foundation reported $767K in total assets on its 2024 IRS Form 990-PF. It paid out $38K in qualifying distributions that year, against a required minimum of $35K (roughly 5% of its investment assets).

What is The Ted and Jillyn Verdon Private Foundation?

The Ted and Jillyn Verdon Private Foundation is a private foundation focused on Community Improvement & Capacity Building, based in Newport Beach, CA. It holds $767K in total assets as of 2024.

What is The Ted and Jillyn Verdon Private Foundation's EIN?

The Ted and Jillyn Verdon Private Foundation's EIN (Employer Identification Number) is 80-0872128. IRS Form 990 filing data is available on this page for 2020–2024.

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

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