Verdad Foundation
Verdad Foundation is a private foundation based in Casper, Wyoming. Its stated purpose is to use income and, as trustees deem appropriate, portions of principal for religious, charitable, scientific, literary, and educational purposes, and to foster amateur sports competition, subject to the restrictions described below.
Verdad Foundation at a glance
In short: Verdad Foundation gave $702K across 14 grants in 2025 (avg $50K), mostly in Wyoming. 21% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $702,300
- -40.1% vs 2024
- Grants made (2025)
- 14
- -17.6% vs 2024
- Average grant
- $50,164
- -27.3% vs 2024
- Median grant
- $10,000
- Total assets
- $4,285,514
- -2.5% vs 2024
- New grantees (estimate)
- 21% first-time grantees (3 of 14, 2025; small sample)
- Primary geography
- Wyoming (81% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Verdad Foundation
- How to Apply
-
The foundation does not restrict giving to preselected organizations. Its filing says to apply in writing with sufficient information to support that the applicant meets the stated restrictions. The filing lists H A True III and Karen S True as contacts. The restrictions limit distributions to religious, charitable, scientific, literary, and educational purposes and to fostering amateur sports competition, including distributions to organizations qualifying under section 501(c)(3). The filing states that there are no deadlines.
- Contact
Application contact: H A True Iii Karen S True
Mailing address: PO Box 2360, Casper, WY 82602
Phone: (307) 237-9301
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Verdad Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was WYO Complex ($500K). Together the top 10 received $683K.
Grant Size Distribution
74 grants across all recorded years
The most common grant size was under $50K: 67 grants of 74 (91%).
Geographic Focus
Where this funder awards grants
In 2025, 81% of grant dollars went to recipients in Wyoming, 12% to California, 3% to Idaho, 2% to Colorado, and 1% to Oklahoma.
Grant Distribution by State
Share of 2025 grant dollars across all 14 itemized grants.
Cities
Is Verdad Foundation open to new grantees?
21%
first-time grantees, 2025
In 2025, 3 of 14 grantees (21%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $13K; repeat grants $60K. How we count
Medians: $10K first-time, $10K repeat.
- 64% of 2025 grantees were also funded in 2024. Method
- Giving grew 177% from 2022 to 2025. Method
- In 2025 it paid out 276% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $160K (2021) to $1.2M (2024). In 2025 it made 14 grants totaling $702K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| WYO Complex Casper, WY | To provide Wyoming and the surrounding community a unique, state-of-the-art facility for competition, training, and special events, while emphasizing the importance of physical and mental health and promoting an active lifestyle for our youth | $500,000 |
| The Ronald Reagan Presidential Foundation and Institute Simi Valley, CA | To complete president reagan's unfinished work and to preserve and promote the timeless principles he championed: individual liberty, economic opportunity, global democracy and national pride | $83,333 |
| JAE Foundation Inc Twin Falls, ID | Suicide prevention and awareness; to provide connection, hope, and healing | $20,000 |
| Western Stock Show Association Denver, CO | Education of livestock production, development of youth, and educating the general public | $16,967 |
| St Anthony Tri-Parish Catholic School Foundation Casper, WY | Provide financial and fundraising support for st. Anthony tri-parish catholic school | $12,500 |
| Make a Wish Foundation Casper, WY | Creates Life-Changing Wishes for Children with Critical Illnesses | $10,000 |
| National Cowboy & Western Heritage Museum Oklahoma City, OK | To preserve and interpret the evolving history and cultures of the American west for the education and enrichment of its diverse audience of adults and children | $10,000 |
| David Street Station Casper, WY | To strengthen their community and its visitors by offering a vibrant gathering place that hosts a wide variety of events and activities | $10,000 |
| Montessori School of Casper Casper, WY | School - Education of Children | $10,000 |
| Wyoming Children's Society Cheyenne, WY | Serving children and families and strengthening the foundation of communities by building strong families | $10,000 |
Ready to take the next step with Verdad Foundation?
Financial History
Multi-year comparison from IRS filings
EIN: 27-6382632.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,285,514 | $604,523 | $718,649 | $702,300 | 14 | $702,300 | $596,465 | $254,902 |
| 2024 | $4,393,626 | $1,648,131 | $1,181,789 | $1,172,467 | 17 | $1,172,467 | $140,766 | $268,410 |
| 2023 | $3,926,967 | $121,097 | $236,551 | $230,417 | 13 | $230,417 | $116,584 | $204,317 |
| 2022 | $4,042,421 | $290,883 | $262,455 | $253,600 | 21 | $253,600 | $286,003 | $232,712 |
| 2021 | $4,017,800 | $551,754 | $171,818 | $159,700 | 9 | — | $547,243 | $218,234 |
Under IRS private-foundation payout rules, Verdad Foundation reported a distributable amount of $255K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated purpose is to support religious, charitable, scientific, literary, and educational purposes and to foster amateur sports competition. Its filing says that support for amateur sports competition is not to provide facilities or equipment.
Grantees describe a range of activities. WYO COMPLEX says it provides a facility for competition, training, and special events while emphasizing physical and mental health and youth activity. Jae Foundation Inc says it works on mental health awareness, suicide prevention, and healing for people who have lost loved ones. Wyoming Children’s Society says its mission is to build healthy families through adoption and advocate for birth families, children, and adoptive families. These are grantees’ descriptions of their own work.
Grantmaking
In 2025, the foundation made 14 grants totaling $702,300. Grants ranged from $1,000 to $500,000, with a median of $10,000.
The largest 2025 grants included $500,000 to WYO COMPLEX in Casper, Wyoming; $83,333 to The Ronald Reagan Presidential Foundation and Institute in Simi Valley, California; and $20,000 to Jae Foundation Inc in Twin Falls, Idaho. Other grants included $16,967 to Western Stock Show Association in Denver, Colorado; $12,500 to St Anthony Tri-Parish Catholic School Foundation in Casper; and $10,000 each to Make-A-Wish Foundation in Casper, National Cowboy & Western Heritage Museum in Oklahoma City, David Street Station in Casper, Montessori School of Casper, and Wyoming Children’s Society in Cheyenne.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists H A True III and Karen S True as trustees.
Verdad Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
H. A. True III
Trustee
On filings since 2021
No compensation reported
Karen S. True
Trustee
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Verdad Foundation
How much does Verdad Foundation give each year?
Verdad Foundation gave $702K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.2M across 17 grants.
What is Verdad Foundation's typical grant size?
Verdad Foundation's median grant in 2025 was $10,000, and its average grant was $50,164, across 14 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Verdad Foundation that year got $13K on average.
Where does Verdad Foundation give grants?
Verdad Foundation gives mostly in Wyoming: 81% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (12%). The most frequent recipient cities were Casper, WY (8 grants).
Does Verdad Foundation give general operating support?
Occasionally: 7% of Verdad Foundation's 2025 grants with a stated purpose (1 of 14) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Verdad Foundation's largest grantees?
Verdad Foundation's largest 2025 grantees include WYO Complex ($500,000), The Ronald Reagan Presidential Foundation and Institute ($83,333) and JAE Foundation Inc ($20,000), according to its 2025 IRS Form 990-PF. Together they received 86% of its itemized 2025 grant dollars.
How large is Verdad Foundation?
Verdad Foundation reported $4.3M in total assets on its 2025 IRS Form 990-PF. It paid out $702K in qualifying distributions that year, against a required minimum of $255K (roughly 5% of its investment assets).
What does Verdad Foundation fund?
The foundation’s stated purpose is to support religious, charitable, scientific, literary, and educational purposes and to foster amateur sports competition. Its filing says that support for amateur sports competition is not to provide facilities or equipment. See mission & focus areas ↑
How do I apply for a grant from Verdad Foundation?
The foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Verdad Foundation's EIN?
Verdad Foundation's EIN (Employer Identification Number) is 27-6382632. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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Cite this profile
Grantable. (2026). Verdad Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/verdad-foundation-morg_cda9c3acb6c943458a8d7a3e9eebd9a7
BibTeX
@misc{grantable_276382632_2026,
author = {{Grantable}},
title = {{Verdad Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/verdad-foundation-morg_cda9c3acb6c943458a8d7a3e9eebd9a7},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Verdad Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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