Versado Foundation
Versado Foundation is a private foundation based in Wake Forest, North Carolina. It describes itself as a 501(c)(3) nonprofit dedicated to designing and implementing community and economic development programs through partnerships, capacity building, and equitable practices.
Versado Foundation at a glance
In short: Versado Foundation gave $6K across 13 grants in 2025 (avg $482.308), mostly in North Carolina. 46% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $6,270
- -38.6% vs 2024
- Grants made (2025)
- 13
- -7.1% vs 2024
- Average grant
- $482
- -33.9% vs 2024
- Median grant
- $500
- Total assets
- $87,317
- -6.3% vs 2024
- New grantees (estimate)
- 46% first-time grantees (6 of 13, 2025; small sample)
- Primary geography
- North Carolina (63% 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 Versado Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 7409 Portpatrick Court, Wake Forest, NC 27587
Phone: (828) 773-3931
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Versado Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Alleghany County Community Foundation ($1K). Together the top 10 received $6K.
Grant Size Distribution
68 grants across all recorded years
The most common grant size was under $50K: 68 grants of 68 (100%).
Geographic Focus
Where this funder awards grants
The foundation’s 2025 grant dollars went primarily to organizations in North Carolina, which received 63%. Other recipient-state shares were Florida 8%, Arizona 8%, Massachusetts 8%, and Illinois 6%.
Grant Distribution by State
Share of 2025 grant dollars across all 13 itemized grants.
States
Cities
Is Versado Foundation open to new grantees?
46%
first-time grantees, 2025
In 2025, 6 of 13 grantees (46%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $550; repeat grants $424. How we count
Medians: $500 first-time, $420 repeat.
- 38% of 2025 grantees were also funded in 2024. Method
- Giving fell 38% from 2022 to 2025. Method
- In 2025 it paid out 116% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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 2020 to 2025, annual grant giving ranged from $5K (2023) to $12K (2020). In 2025 it made 13 grants totaling $6K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Alleghany County Community Foundation Raleigh, NC | Charitable Donation | $1,000 |
| Millbrook Wildcat Club Raleigh, NC | Charitable Donation | $1,000 |
| Northside Community Church Knightdale, NC | Charitable Donation | $1,000 |
| Chatham Outreach Alliance Inc Pittsboro, NC | Charitable Donation | $500 |
| Invisible Angels Tampa, FL | Charitable Donation | $500 |
| Make a Wish Foundation Phoenix, AZ | Charitable Donation | $500 |
| WGBH Boston Boston, MA | Charitable Donation | $500 |
| Food Bank of Central and Eastern NC Raleigh, NC | Charitable Donation | $420 |
| Feeding America Chicago, IL | Charitable Donation | $250 |
| National Immigrant Justice Center Chicago, IL | Charitable Donation | $150 |
Ready to take the next step with Versado Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $87,317 | $5,978 | $11,843 | $6,270 | 13 | $6,270 | $5,067 | $5,397 |
| 2024 | $93,182 | $27,009 | $15,320 | $10,220 | 14 | $10,220 | $1,202 | $4,479 |
| 2023 | $81,493 | $2,357 | $9,758 | $4,920 | 9 | $4,920 | $1,432 | $4,426 |
| 2022 | $88,894 | $-11,735 | $14,690 | $10,134 | 13 | $10,134 | $452 | $4,871 |
| 2021 | $115,319 | $30,879 | $11,976 | $8,435 | 19 | $8,435 | $9,529 | $4,782 |
| 2020 | $96,416 | $3,652 | $15,026 | $12,000 | 22 | — | $1,652 | $4,941 |
Under IRS private-foundation payout rules, Versado Foundation reported a distributable amount of $5K 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 mission is to design and implement community and economic development programs. Its website lists services such as strategic planning, program design, stakeholder engagement, research, organizational systems design, partnership design, and grant-writing support. It also says it connects corporate expertise and resources with opportunities to serve socially disadvantaged populations.
Its 2025 grants included organizations with varied missions. Millbrook Wildcat Club says it provides uniforms, athletic equipment, supplies, and field and gym preparation for Millbrook High School sports. Chatham Outreach Alliance says it works to end hunger through food pantries, mobile markets, and seasonal children’s programs. Feeding America says its mission is to advance change by ensuring equitable access to nutritious food. St. Jude Children’s Research Hospital says it works to advance cures and prevention for pediatric catastrophic diseases through research and treatment. World Central Kitchen says it provides meals in response to humanitarian, climate, and community crises.
Grantmaking
In filing year 2025, the foundation reported 13 grants totaling $6,270. Grants ranged from $150 to $1,000, with a median grant of $500. Notable grants included $1,000 each to Alleghany County Community Foundation, Millbrook Wildcat Club, and Northside Community Church; $500 each to Chatham Outreach Alliance, Invisible Angels, Make-A-Wish Foundation, and WGBH Boston; and $250 to Feeding America. World Central Kitchen received $150.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Zachary Barricklow as president, Joshua Barricklow as secretary, and Elizabeth Bronwyn Barricklow as vice president.
Versado Foundation is led by Zachary Barricklow, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Zachary Barricklow
President
On filings since 2020
10 hrs/week
No compensation reported
Elizabeth Bronwyn Barricklow
Vice President
On filings since 2020
10 hrs/week
No compensation reported
Joshua Barricklow
Secretary
On filings since 2020
3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Versado Foundation
How much does Versado Foundation give each year?
Versado Foundation gave $6K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $10K across 14 grants.
What is Versado Foundation's typical grant size?
Versado Foundation's median grant in 2025 was $500, and its average grant was $482, across 13 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Versado Foundation that year got $550 on average.
Where does Versado Foundation give grants?
Versado Foundation gives mostly in North Carolina: 63% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Florida (8%) and Arizona (8%). The most frequent recipient cities were Raleigh, NC (3 grants), Chicago, IL (2 grants) and Washington, DC (2 grants).
Does Versado Foundation give general operating support?
Not in 2025: none of the 13 grants with a stated purpose on Versado Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Donation" (13 grants).
Who are Versado Foundation's largest grantees?
Versado Foundation's largest 2025 grantees include Alleghany County Community Foundation ($1,000), Millbrook Wildcat Club ($1,000) and Northside Community Church ($1,000), according to its 2025 IRS Form 990-PF. Together they received 48% of its itemized 2025 grant dollars.
How large is Versado Foundation?
Versado Foundation reported $87K in total assets on its 2025 IRS Form 990-PF. It paid out $6K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
What does Versado Foundation fund?
The foundation’s stated mission is to design and implement community and economic development programs. Its website lists services such as strategic planning, program design, stakeholder engagement, research, organizational systems design, partnership design, and grant-writing support. See mission & focus areas ↑
How do I apply for a grant from Versado Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Versado Foundation's EIN?
Versado Foundation's EIN (Employer Identification Number) is 45-4038801. IRS Form 990 filing data is available on this page for 2020–2025.
Does Versado Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 5, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 26, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 2020–2024
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