The Pennsylvania State Capitol
Foundation Lookup

Form 990-PFTax year 2024EIN 23-2387629

The Veloric Foundation

A private foundation in Bala Cynwyd, PA. Its return for tax year 2024 lists 30 grants and $513,900 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2024 (period ending Dec 31, 2024), 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

4 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2024

    $513,900

    Grants listed
    30
    Assets, end of year
    $6,781,832

  • Tax year 2023

    $7,391,100

    Grants listed
    24
    Assets, end of year
    $7,199,819

  • Tax year 2022

    $477,000

    Grants listed
    11
    Assets, end of year
    $13,420,955

  • Tax year 2021

    $0

    Grants listed
    0
    Assets, end of year
    $4,618,003

Grants paid in 2024

30 grants, largest first

As listed on the return.

  1. American UniversityWashington, DC

    Contribution

    $105,500
  2. American Jewish Committeejacob Blaustein BLDGNew York, NY

    Contribution

    $100,000
  3. American Technion SocietyNew York, NY

    Contribution

    $100,000
  4. Council for RelationshipsPhiladelphia, PA

    Contribution

    $55,000
  5. Boca Raton Regional HospitalBoca Raton, FL

    Contribution

    $20,000
  6. The Enterprise Center Community Develpoment CorporPhiladelphia, PA

    Contribution

    $20,000
  7. Shane Victorino FoundationLas Vegas, NV

    Contribution

    $15,000
  8. Anti Defamation LeagueNew York, NY

    Contribution

    $10,000
  9. Bryn Mawr FoundationRadnor, PA

    Contribution

    $10,000
  10. Drexel UniversityPhiladelphia, PA

    Contribution

    $10,000
  11. Global Independence CentrePhiladelphia, PA

    Contribution

    $10,000
  12. Jewish Federation of South Palm BeachBoca Raton, FL

    Contribution

    $10,000
  13. University of the ArtsPhiladelphia, PA

    Contribution

    $10,000
  14. Jewish Federation of Greater PhiladelphiaPhiladelphia, PA

    Contribution

    $5,000
  15. Jewish National FundRockville Ctr, NY

    Contribution

    $5,000
  16. Jewish Relief AgencyBala Cynwyd, PA

    Contribution

    $5,000
  17. Mediation for LeadershipMoorestown, NJ

    Contribution

    $5,000
  18. Boys Town Jerusalem FoundationNew York, NY

    Contribution

    $3,600
  19. First SederBala Cynwyd, PA

    Contribution

    $3,600
  20. Main Line Art CenterHaverford, PA

    Contribution

    $1,800
  21. Politz Hebrew AcademyPhiladelphia, PA

    Contribution

    $1,800
  22. Clean Air CouncilPhiladelphia, PA

    Contribution

    $1,000
  23. Folds of HonorOwasso, OK

    Contribution

    $1,000
  24. JafcoBala Cynwyd, PA

    Contribution

    $1,000
  25. Magical Mila FoundationJenkintown, PA

    Contribution

    $1,000
  26. Memorial Sloan KetteringNew York, NY

    Contribution

    $1,000
  27. Philadelphia Jewish Sports Hall of FameGladwyne, PA

    Contribution

    $1,000
  28. The Ben to the Shore TourCoshohocken, PA

    Contribution

    $1,000
  29. National Society of Colonial Dames (nscda)Philadelphia, PA

    Contribution

    $500
  30. Neistader Pancreatic Research FundMargate, NJ

    Contribution

    $100

Where the money goes

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

  1. Education2 grants $115,50040% of the total
  2. International aid2 grants $105,00037% of the total
  3. Health2 grants $21,0007% of the total
  4. Youth development1 grant $15,0005% of the total
  5. Civil rights1 grant $10,0003% of the total
  6. Philanthropy and grantmaking2 grants $8,6003% of the total
  7. 4 other causes5 grants $12,4004% of the total

By State

Grants to organizations with a US address, latest year.

  1. New York5 grants $209,600
  2. Pennsylvania18 grants $147,700
  3. District of Columbia1 grant $105,500
  4. Florida2 grants $30,000
  5. Nevada1 grant $15,000
  6. New Jersey2 grants $5,100
  7. Oklahoma1 grant $1,000

Officers, directors and trustees

2 people as filed

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

  • Michael VeloricPRESIDENT Hours 5Pay $0
  • Maureen HealySECRETARY AND TREASURER Hours 1Pay $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. Brookmead TrustBala Cynwyd, PA 3 grants Preselected only $914,711 giving
  2. Julius H Caplan Charity FoundationPalmyra, PA 4 grants Preselected only $514,300 giving
  3. Price Trust for Univ of Lou TuaPittsburgh, PA 1 grant Preselected only $513,018 giving
  4. Frederick J Pfeiffer FoundationPittsburgh, PA 10 grants Preselected only $509,276 giving
  5. The Blackhorse FoundationHanover Township, PA 55 grants Preselected only $508,850 giving