The Verni Foundation Inc

Private foundation · Grantmaker Mamaroneck, NY EIN: 26-0076179

The Verni Foundation Inc is a private foundation, based in Mamaroneck, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $209K in total assets. In 2025, it awarded 3 grants totaling $3K. Net investment income was $11K.

Key facts about The Verni Foundation Inc

In short: The Verni Foundation Inc gave $3K across 3 grants in 2025 (avg $1K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
26-0076179
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$3,000
Grants made (2025)
3
Average grant
$1,000
Median grant
$1,000
Total assets
$209,394
Primary geography
New York (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$209K

+2.0% YoY

Annual Giving

$3K

+200.0% YoY

Grant Count

3

+200.0% YoY

Avg Grant Size

$1K

+0.0% YoY

Under IRS private-foundation payout rules, The Verni Foundation Inc reported a distributable amount of $10K for 2025 — the minimum it must pay out in qualifying distributions.

How The Verni Foundation Inc gives

  • Giving grew 20% from 2022 to 2025. Method
  • In 2025 it paid out 30% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2025 grant dollars across all 3 itemized grants.

Cities

MamaroneckBronxChesterNew RochelleRye BrookLarchmontPortlandSouth YonkersWashingtonBrooklynYonkers

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K13 grants2019 11 grants2020 1 grant2021 1 grant2022 4 grants2023 1 grant2024 3 grants2025

From 2019 to 2025, annual grant giving ranged from $1K (2024) to $65K (2019). In 2025 it made 3 grants totaling $3K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Community Resource Center: $1KCommunity Resource Center$1KWashingtonville Housing Alliance: $1KWashingtonville HousingAlliance$1KMamaroneck Hunger Tasks Force: $1KMamaroneck Hunger Tasks Force$1K

The largest 2025 recipient was Community Resource Center ($1K). Together the top 3 received $3K.

Grant Size Distribution

10 grants across all recorded years

9<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 10 (90%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Community Resource Center Mamaroneck, NYProgram Operations$1,000
Washingtonville Housing Alliance Mamaroneck, NYHousing$1,000
Mamaroneck Hunger Tasks Force Mamaroneck, NYFood Pantry$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$209,394$205,337$197,057
Revenue$10,654$9,581$6,035
Expenses$6,762$4,237$58,448
Qualifying Distributions$3,000$1,000$55,000
Net Investment Income$10,654$9,581$17,736
Distributable Amount$9,882$9,157$10,069

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 11, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 23, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 11, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 30, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 24, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 11, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

The Verni Foundation Inc is led by Vito R. Verni, President & Director on every filing since 2019; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Vito R. Verni

    President & Director

    On filings since 2019

    No compensation reported

  • Christopher T. Verni

    Treasurer & Director

    On filings since 2019

    No compensation reported

  • John A. Verni

    Secretary & Director

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Verni Foundation Inc

How much does The Verni Foundation Inc give each year?

The Verni Foundation Inc gave $3K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1K across 1 grant.

What is The Verni Foundation Inc's typical grant size?

The Verni Foundation Inc's median grant in 2025 was $1,000, and its average grant was $1,000, across 3 grants on its 2025 IRS Form 990-PF.

Where does The Verni Foundation Inc give grants?

The Verni Foundation Inc gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Mamaroneck, NY (3 grants).

Does The Verni Foundation Inc give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on The Verni Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.

How large is The Verni Foundation Inc?

The Verni Foundation Inc reported $209K in total assets on its 2025 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is The Verni Foundation Inc's EIN?

The Verni Foundation Inc's EIN (Employer Identification Number) is 26-0076179. IRS Form 990 filing data is available on this page for 2019–2025.

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

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