Veritas Foundation
PLYMOUTH, MN EIN: 20-2522960
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$7.9M
-0.1% YoY
Annual Giving
$369K
+15.9% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$53K
-0.7% YoY
Go deeper than public filings
PRO- Giving trend analysis — growing or declining?
- Organizations like yours that won grants here
- Strategic fit assessment for your organization
- Application timing recommendations
Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2021 |
|---|---|---|---|
| Total Assets | $7,916,069 | $7,920,887 | $6,252,158 |
| Revenue | $419,002 | $2,592,139 | $794,231 |
| Expenses | $419,025 | $326,454 | $219,111 |
| Qualifying Distributions | $369,025 | $322,489 | $214,056 |
| Net Investment Income | $419,002 | $2,588,174 | $791,376 |
| Distributable Amount | $376,119 | $312,299 | $372,447 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Veritas Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
- Similar orgs that won grants here
- GrantGraph™ relationship mapping
- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PATRICIA J KARLE | PRESIDENT | 5 | — |
| PETER S KARLE | TREASURER | 5 | — |
| KRISTINE E ISAAC | SECRETARY | 5 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Minnesota $1.1M (93%)
Missouri $38K (3%)
Colorado $20K (2%)
Georgia $12K (1%)
North Carolina $10K (1%)
Cities
BloomingtonCharlotteColorado SpringsColumbusDuluthHopkinsMinneapolisNew BrightonSpringfield
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
What could you do with Veritas Foundation on Grantable?
- Assess strategic fit with your organization
- Get AI-generated opportunity briefs
- Monitor for new funding opportunities
- Draft a tailored letter of inquiry