Overview

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Est.

1986

Latest Fiscal Year

Not available

Organization Type

Grantmaker

AI Summary

The Veloric Foundation is a 501(c)3 grantmaking organization that focuses on relationship-based funding, making grants exclusively by invitation and does not accept unsolicited proposals. In 2024, the foundation distributed a total of $513.9K across 27 grantees. Nonprofits interested in engaging with The Veloric Foundation can explore warm-introduction pathways through Impala's Funder Prospecting.

Total Funding Given
$513.9K
2024
Grantees funded
27
Multi-year grantees
44%
Funding by Year
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Evaluate your own portfolio
Understand the health of your own grantees and uncover signs of risk.
Total No. of Grants
30
Median 1st year grant
$5K
Median 2nd year grant
$13K
M
Michael Veloric
Board Member
M
Maureen Healy
Employee
G
Gary Veloric
Board Member

Frequently Asked Questions

Can I submit an unsolicited grant proposal to THE VELORIC FOUNDATION?
No. THE VELORIC FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.
Where does THE VELORIC FOUNDATION give?
THE VELORIC FOUNDATION primarily gives to organizations located in Massachusetts, New York, and Pennsylvania. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are THE VELORIC FOUNDATION’s grants?
The largest share of grants from THE VELORIC FOUNDATION fall in the $5,000 to $25 thousand range. The median first-year grant is about $5,000. More detailed grant size data is available to registered users.
How many grants does THE VELORIC FOUNDATION make each year?
In 2024, THE VELORIC FOUNDATION awarded about 30 grants, totaling nearly $514 thousand. More detailed grant metrics are available to registered users.
Who did THE VELORIC FOUNDATION fund recently?
In 2024, THE VELORIC FOUNDATION awarded grants to about 30 grantees. Recent grantees include FIDELITY INVESTMENTS CHARITABLE GIFT FUND, AMERICAN SOCIETY FOR TECHNION ISRAEL INSTITUTE OF TECHNOLOGY INC, and AMERICAN UNIVERSITY. More detailed information on all recent recipients is available to registered users.
How do we apply to THE VELORIC FOUNDATION?
THE VELORIC FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.