The Ted and Jillyn Verdon Private
The Ted and Jillyn Verdon Private 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.
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 reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.
About The Ted and Jillyn Verdon Private
Based on IRS filings
The Ted and Jillyn Verdon Private 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Discovery Cube ($10,300), Wyland Foundation ($10,200), Ahrc Suffolk Chapter ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WYLAND FOUNDATION IRVINE, CA | GIFT | $10,200 |
| ORANGE COUNTY RESCUE MISSION TUSTIN, CA | GIFT | $5,000 |
| AHRC SUFFOLK CHAPTER Ronkonkoma, NY | GIFT | $6,000 |
| DISCOVERY CUBE Santa Ana, CA | GIFT | $10,300 |
| LOURDES FOUNDATION ROCHESTER, MN | GIFT | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TED VERDON | Director | — | — |
| CHARLES HAGGERTY | Director | — | — |
| STEVE MCGUIGAN | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Ted and Jillyn Verdon Private?
The Ted and Jillyn Verdon Private is a private foundation focused on Community Improvement & Capacity Building, based in NEWPORT BEACH, CA. It holds $767K in total assets as of 2024.
How large is The Ted and Jillyn Verdon Private?
As of 2024, The Ted and Jillyn Verdon Private holds $767K in total assets with $25K in annual revenue. It awarded 5 grants totaling $38K in 2024.
Where does The Ted and Jillyn Verdon Private operate?
The Ted and Jillyn Verdon Private has awarded grants in California, Georgia, Minnesota, New York.
What size grants does The Ted and Jillyn Verdon Private award?
In 2024, The Ted and Jillyn Verdon Private awarded 5 grants totaling $38K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is The Ted and Jillyn Verdon Private required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ted and Jillyn Verdon Private reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Ted and Jillyn Verdon Private's EIN?
The Ted and Jillyn Verdon Private's EIN (Employer Identification Number) is 80-0872128. 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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