Verna Lapella Trust Fbo Evangelical
Verna Lapella Trust Fbo Evangelical is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HERSHEY, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $632K in total assets. In 2024, it awarded 1 grants totaling $36K. Net investment income was $38K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$632K
-0.1% YoY
Annual Giving
$36K
-3.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$36K
-3.4% YoY
Under IRS private-foundation payout rules, Verna Lapella Trust Fbo Evangelical reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.
About Verna Lapella Trust Fbo Evangelical
Based on IRS filings
Verna Lapella Trust Fbo Evangelical is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HERSHEY, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $632K in total assets. In 2024, it awarded 1 grants totaling $36K. Net investment income was $38K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $631,809 | $632,517 | $633,066 |
| Revenue | $42,701 | $43,057 | $29,388 |
| Expenses | $43,409 | $43,606 | $40,888 |
| Qualifying Distributions | $38,060 | $39,236 | $36,038 |
| Net Investment Income | $38,091 | $38,793 | $24,915 |
| Distributable Amount | $33,953 | $31,492 | $32,378 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Trinity Lutheran Church ($35,707).
| Recipient | Purpose | Amount |
|---|---|---|
| TRINITY LUTHERAN CHURCH FAIRVIEW VILLAGE, PA | RELIGIOUS | $35,707 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRYN MAWR TRUST CO | TRUSTEE | 2 | $5,763 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Verna Lapella Trust Fbo Evangelical?
Verna Lapella Trust Fbo Evangelical is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HERSHEY, PA. It holds $632K in total assets as of 2024.
How large is Verna Lapella Trust Fbo Evangelical?
As of 2024, Verna Lapella Trust Fbo Evangelical holds $632K in total assets with $43K in annual revenue. It awarded 1 grants totaling $36K in 2024.
Where does Verna Lapella Trust Fbo Evangelical operate?
Verna Lapella Trust Fbo Evangelical has awarded grants in Pennsylvania.
What size grants does Verna Lapella Trust Fbo Evangelical award?
In 2024, Verna Lapella Trust Fbo Evangelical awarded 1 grants totaling $36K — an average of about $36K per grant, based on its IRS Form 990 filings.
How much is Verna Lapella Trust Fbo Evangelical required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Verna Lapella Trust Fbo Evangelical reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Verna Lapella Trust Fbo Evangelical's EIN?
Verna Lapella Trust Fbo Evangelical's EIN (Employer Identification Number) is 25-6919822. 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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