How to apply
Accepts applications
The return gives an application contact and rules, as below.
- Contact
-
Connie L Fain VP Trust Officer
Verabank PO Box 770
Palestine, TX 75802
(903) 729-6048
- Form and materials
- Scholarships - exhibits a - c
- Deadlines
- April 15th
- Restrictions
- Scholarships - exhibit a
Assets and giving by year
-
Tax year 2025
$22,000
- Grants listed
- 6
- Assets, end of year
- $86,462
-
Tax year 2024
$20,000
- Grants listed
- 5
- Assets, end of year
- $106,904
-
Tax year 2023
$15,000
- Grants listed
- 4
- Assets, end of year
- $125,859
-
Tax year 2022
$12,000
- Grants listed
- 4
- Assets, end of year
- $143,501
-
Tax year 2021
$12,255
- Grants listed
- 5
- Assets, end of year
- $155,244
-
Tax year 2020
$11,402
- Grants listed
- 7
- Assets, end of year
- $188,897
-
Tax year 2019
$21,168
- Grants listed
- 6
- Assets, end of year
- $206,921
Grants paid in 2025
As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.
-
Individual
College scholarship
$5,000 -
Individual
College scholarship
$5,000 -
Individual
College scholarship
$3,000 -
Individual
College scholarship
$3,000 -
Individual
College scholarship
$3,000 -
Individual
College scholarship
$3,000
Officers, directors and trustees
As filed on the return, with average hours per week and pay from the foundation.
- VerabankTRUSTEE Hours 3Pay $2,215
- Sharee HudsonDIRECTOR Hours 0.25Pay $0
- Cliff BomerDIRECTOR Hours 0.25Pay $0
- Tucker RoyallSECRETARY/TR Hours 0.25Pay $0
- Jeffrey SchwabPRESIDENT/DI Hours 0.25Pay $0
The return
More foundations
Other foundations in Texas
- TTEE Ud of George Norman Albree 2 grants Accepts applications $22,000 giving
- Harry & Beatrice Fisher Memorial 3 grants Preselected only $22,000 giving
- Rock-A-Bayou Charitable Foundation 2 grants Preselected only $22,000 giving
- Cox Charles M U Agmt DTD 12 11 40 Char T 11 grants Accepts applications $22,000 giving
- Mark 1124 4 grants Accepts applications $22,000 giving