Private Foundation

THE VELORIC FOUNDATION

THE VELORIC FOUNDATION is a private foundation categorized as Private Foundation based in BALA CYNWYD, PA. Its most recent IRS filing (2024) reports revenue of $344K, expenses of $783K, total assets of $6.8M. Imperigo tracks 65 reported grants from this foundation totaling approximately $8.4M.

EIN: 232387629 BALA CYNWYD, PA Latest filing: 2024

Total Revenue$344K

Total Expenses$783K

Total Assets$6.8M

Grants Given65

Grant Total$8.4M

Filing Years2021–2024

Sample Grants Given

AMERICAN UNIVERSITY

WASHINGTON, DC · 2024

CONTRIBUTION

$105,500

AMERICAN TECHNION SOCIETY

NEW YORK, NY · 2024

CONTRIBUTION

$100,000

AMERICAN JEWISH COMMITTEEJACOB BLAUSTEIN BLDG

NEW YORK, NY · 2024

CONTRIBUTION

$100,000

COUNCIL FOR RELATIONSHIPS

PHILADELPHIA, PA · 2024

CONTRIBUTION

$55,000

BOCA RATON REGIONAL HOSPITAL

BOCA RATON, FL · 2024

CONTRIBUTION

$20,000

Showing up to 5 of 65 total records — full history available with membership.

Officers & Directors

SECRETARY AND TREASURER Maureen Healy

PRESIDENT Michael Veloric

Officer compensation and complete director data available with membership.

Top Grant Purposes

CONTRIBUTION

$7,905,000 54 grants

GENERAL OPERATING SUPPORT

$477,000 11 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	$344K	$783K	$6.8M
2023	$521K	$7.5M	$7.2M
2022	$8.6M	$1.1M	$13.4M
2021	$99K	$993K	$4.6M

Between 2021 and 2024, reported annual revenue grew from $99K to $344K (+249%), with total assets most recently reported at $6.8M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in DC, FL, MA, NJ, NV, NY, and 2 other states.

DCFLMANJNVNYOKPA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for THE VELORIC FOUNDATION

Complete financials, all 65 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports