The Minnesota State Capitol

Form 990-PFTax year 2025EIN 20-2522960

Veritas Foundation

A private foundation in Plymouth, MN. Its return for tax year 2025 lists 7 grants and $1.3 million paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $1,285,000

    Grants listed
    7
    Assets, end of year
    $6,847,795
  • Tax year 2024

    $369,000

    Grants listed
    7
    Assets, end of year
    $7,916,069
  • Tax year 2023

    $318,500

    Grants listed
    6
    Assets, end of year
    $7,920,887
  • Tax year 2022

    $559,000

    Grants listed
    5
    Assets, end of year
    $5,569,667
  • Tax year 2021

    $211,800

    Grants listed
    7
    Assets, end of year
    $6,252,158
  • Tax year 2020

    $232,705

    Grants listed
    9
    Assets, end of year
    $5,674,317
  • Tax year 2019

    $1,361,372

    Grants listed
    8
    Assets, end of year
    $5,865,962
  • Tax year 2018

    $381,789

    Grants listed
    12
    Assets, end of year
    $6,031,910

Grants paid in 2025

7 grants, largest first

As listed on the return.

  1. Hand in Hand Christian Montessori Home School AcademyRoseville, MN

    General support

    $800,000
  2. Kaleidoscope Performing ArtsMinneapolis, MN

    General support

    $250,000
  3. Friends of Minnesota Mens GymnasticsLakeville, MN

    General support

    $100,000
  4. Global Student InitiativesColumbus, GA

    General support

    $46,000
  5. University Christian FellowshipDuluth, MN

    General support

    $39,000
  6. Chi Alpha Campus Ministries of DuluthDuluth, MN

    General support

    $30,000
  7. Chi Alpha UmnSpringfield, MO

    General support

    $20,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $800,00073% of the total
  2. Arts and culture1 grant $250,00023% of the total
  3. Religion1 grant $46,0004% of the total

By State

Grants to organizations with a US address, latest year.

  1. Minnesota5 grants $1,219,000
  2. Georgia1 grant $46,000
  3. Missouri1 grant $20,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Patricia J KarlePRESIDENT Hours 5Pay $0
  • Peter S KarleTREASURER Hours 5Pay $0
  • Kristine E IsaacSECRETARY Hours 5Pay $0

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Ja Wedum FoundationPlymouth, MN 108 grants Accepts applications $1,326,000 giving
  2. Harold F Griffiths FoundationPlymouth, MN 20 grants Preselected only $678,000 giving
  3. The Guarani FoundationPlymouth, MN 2 grants Preselected only $625,000 giving
  4. Cummins Family FoundationPlymouth, MN 4 grants Preselected only $3,350,000 giving
  5. Trustone FoundationPlymouth, MN 62 grants Preselected only $474,512 giving