The Ted and Jillyn Verdon Private

NEWPORT BEACH, CA EIN: 80-0872128

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AnaheimAtlantaChino HillsCosta MesaIrvineLaguna BeachNew YorkNewport BeachRochesterRonkonkomaSan Juan CapistranoSanta AnaTustin

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$33K$66K$99K$132K20202021202220232024
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

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K10 grants20208 grants20216 grants20226 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

DISCOVERY CUBE$10KWYLAND FOUNDATION$10KAHRC SUFFOLK CHAPTER$6KLOURDES FOUNDATION$6KORANGE COUNTY RESCUE MIS…$5K

Grant Size Distribution

35 grants across all recorded years

35<$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 Discovery Cube ($10,300), Wyland Foundation ($10,200), Ahrc Suffolk Chapter ($6,000).

RecipientPurposeAmount
WYLAND FOUNDATION IRVINE, CAGIFT$10,200
ORANGE COUNTY RESCUE MISSION TUSTIN, CAGIFT$5,000
AHRC SUFFOLK CHAPTER Ronkonkoma, NYGIFT$6,000
DISCOVERY CUBE Santa Ana, CAGIFT$10,300
LOURDES FOUNDATION ROCHESTER, MNGIFT$6,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TED VERDONDirector
CHARLES HAGGERTYDirector
STEVE MCGUIGANDirector

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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