Tax-exempt status may be revoked
THE VELORIC FOUNDATION
EIN 23-2387629 · Employment, Job-Related (J20Z)
What they do
THE VELORIC FOUNDATION
Money
Tax year 2024Financial picture
Revenue$344,041
Expenses$783,439
Assets$6,781,832
Income$1,252,685
Contributions$50,000
Grants given$8,382,000
Average grant$128,954
Stocks and bonds$5,555,944
Accounting fees$117,645
Investing fees$12,647
About this charity
- Recognized since
- January 1986
- Location
- 130 PRESIDENTIAL BLVD Suite 210, BALA CYNWYD, PA 19004
- County
- Montgomery
- In care of
- MICHAEL VELORIC
- Primary officer
- MICHAEL VELORIC, DIRECTOR
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- January 1, 2024
- Return type
- 990PF
- Tax preparer
- PWC US TAX LLP
- NTEE classification
- Employment, Job-Related (J20Z)
- IRS tax category
- Employment Procurement Assistance, Job Training
- Grant-giving organization
- Yes
- Revocation date
- May 15, 2022
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 1000
- Deductibility
- 1
- Foundation
- 04
- Activity
- 279000000
- Organization
- 1
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