Vernon Family Charitable Foundation Inc is a private foundation focused on Education, based in WILMINGTON, DE. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 12 grants totaling $53K. Net investment income was $271K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+53.6% YoY
Annual Giving
$53K
Grant Count
12
Avg Grant Size
$4K
Under IRS private-foundation payout rules, Vernon Family Charitable Foundation Inc reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.
About Vernon Family Charitable Foundation Inc
Based on IRS filings
Vernon Family Charitable Foundation Inc is a private foundation focused on Education, based in WILMINGTON, DE. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 12 grants totaling $53K. Net investment income was $271K.
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 | $1,169,247 | $761,304 | $599,152 |
| Revenue | $483,075 | $181,700 | $604,152 |
| Expenses | $75,132 | $19,548 | $5,000 |
| Qualifying Distributions | $64,139 | $8,611 | $5,000 |
| Net Investment Income | $270,937 | $434,391 | — |
| Distributable Amount | $45,690 | $31,364 | $2,009 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Childrens Diagnostic & Treatment Center Inc ($10,000), United Jewish Community of Broward County Inc ($10,000), United Jewish Community of Broward County Inc ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BROWARD PARTNERSHIP FOR THE HOMELESS INC FT LAUDERDALE, FL | General & Unrestricted | $2,500 |
| BROWARD PERFORMING ARTS FOUNDATION INC FT LAUDERDALE, FL | General & Unrestricted | $2,500 |
| CHILDRENS DIAGNOSTIC & TREATMENT CENTER INC FT LAUDERDALE, FL | Charitable Event | $10,000 |
| FLAMINGO GARDENS INC DAVIE, FL | General & Unrestricted | $2,500 |
| FUNDING ARTS BROWARD INC FT LAUDERDALE, FL | General & Unrestricted | $2,500 |
| JOE DIMAGGIO CHILDRENS HOSPITAL FOUNDATION INC HOLLYWOOD, FL | General & Unrestricted | $2,500 |
| LADY LUCK ANIMAL RESCUE INC LIGHTHOUSE POINT, FL | General & Unrestricted | $2,500 |
| UNITED JEWISH COMMUNITY OF BROWARD COUNTY INC DAVIE, FL | Jewish and Family Care Options (JAFCO) Fund | $5,000 |
| UNITED JEWISH COMMUNITY OF BROWARD COUNTY INC DAVIE, FL | Friendship Circle Fund | $5,000 |
| UNITED JEWISH COMMUNITY OF BROWARD COUNTY INC DAVIE, FL | Giborim Fund | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ira Vernon | Dir | 1 | — |
| Lauren Vernon | Dir, Pres, Sec, Treas | 1 | — |
| Paula Vernon | Dir | 1 | — |
| Penny Vernon | Dir, VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Vernon Family Charitable Foundation Inc?
Vernon Family Charitable Foundation Inc is a private foundation focused on Education, based in WILMINGTON, DE. It holds $1.2M in total assets as of 2024.
How large is Vernon Family Charitable Foundation Inc?
As of 2024, Vernon Family Charitable Foundation Inc holds $1.2M in total assets with $483K in annual revenue. It awarded 12 grants totaling $53K in 2024.
Where does Vernon Family Charitable Foundation Inc operate?
Vernon Family Charitable Foundation Inc has awarded grants in Florida.
What size grants does Vernon Family Charitable Foundation Inc award?
In 2024, Vernon Family Charitable Foundation Inc awarded 12 grants totaling $53K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Vernon Family Charitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Vernon Family Charitable Foundation Inc reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Vernon Family Charitable Foundation Inc's EIN?
Vernon Family Charitable Foundation Inc's EIN (Employer Identification Number) is 88-3266151. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Vernon Family Charitable Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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