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Veridian Foundation Inc

MADISON, WI EIN: 20-0803937 Website

Veridian Foundation Inc is a private foundation based in Monona, Wisconsin. The foundation was established in 2004 as the philanthropic entity of Veridian Homes, a homebuilder operating in Southern Wisconsin. The foundation is committed to strengthening neighborhoods and communities through charitable giving and community partnerships.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$34K

+8801.0% YoY

Revenue

$34K

-79.1% YoY

Net Investment Income

Expenses

$56

-100.0% YoY

Under IRS private-foundation payout rules, Veridian Foundation Inc reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission centers on strengthening the communities in which Veridian Homes builds. Key focus areas include:

  • Environmental stewardship
  • Community impact
  • Education
  • Human services
  • Philanthropy, voluntarism, and grantmaking

Grantmaking

Since its establishment in 2004, the Veridian Foundation has contributed more than $2.5 million to charitable causes throughout Southern Wisconsin and beyond.

Grant Range

s:**

Review Cycle

- February 1

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Southern Wisconsin, though it also supports causes beyond the region.

Grant Distribution by State

4states

Cities

BarabooBrookfieldCottage GroveDes MoinesDetroitDodgevilleEdgertonHartfordMadisonMcfarlandMenashaMequonMiddletonMilwaukeeMononaMonroeOconomowocOregonPortageSaint Paul

Financial History

Multi-year comparison from IRS filings

Assets: $34,358 (as of most recent IRS Form 990 filing in 2024)

Total Giving: $0 reported in 2024 filing

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$332K$665K$997K$1M20202021202220232024
Metric202420232022
Total Assets$34,358$386$2,689
Revenue$34,028$162,900$139,100
Expenses$56$170,203$156,608
Qualifying Distributions$169,800$156,275
Net Investment Income
Distributable Amount$1,254$6,455$667

Giving Over Time

Total grant dollars and number of grants per year

$0$300K$601K$901K$1M12 grants202017 grants202149 grants202271 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

128 grants across all recorded years

118<$50K4$50–100K5$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MATT CUDNEYCHAIR0.1
DAVID SIMONPRESIDENT0.1
KAREN SIMON DREYERSECRETARY/TREASURER0.1

Recent News & Activity

Recent developments and announcements

2025

In 2025, the foundation announced the successful sale of "The Generous Home" (The Collins floor plan), a 5,000+ square-foot home located in Waunakee. The sale generated over $400,000 in donations to nine local nonprofit organizations. More than 40 local businesses contributed to the construction of the home. The home was built to high-performance standards and is Energy Expert certified.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Veridian Foundation Inc fund?

The foundation's mission centers on strengthening the communities in which Veridian Homes builds. Key focus areas include: • Environmental stewardship • Community impact • Education • Human services • Philanthropy, voluntarism, and grantmaking

How do I apply for a grant from Veridian Foundation Inc?

**Grant Activity:** Since its establishment in 2004, the Veridian Foundation has contributed more than $2.5 million to charitable causes throughout Southern Wisconsin and beyond. **Grant Sizes:** Typical awards range from $200 to $10,000. **Application Process:** The foundation meets quarterly to review funding requests. Applicants must submit a completed application and supporting materials by the following deadlines: • February 1 • May 1 • August 1 • November 1 Applications are available for …

Where does Veridian Foundation Inc make grants?

The foundation primarily funds organizations in Southern Wisconsin, though it also supports causes beyond the region.

How much is Veridian Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Veridian Foundation Inc reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Veridian Foundation Inc's EIN?

Veridian Foundation Inc's EIN (Employer Identification Number) is 20-0803937. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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