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    1. Inicio
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    3. Veloric Foundation

    Veloric Foundation

    ActivoEmployment
    BALA CYNWYD, PA6106642200
    EIN (identificación fiscal): 23-2387629Último Formulario 990:

    About Veloric Foundation

    The Veloric Foundation’s public record shows a single, large $6.8M contribution to a donor-advised fund (Fidelity Charitable), indicating the foundation is currently acting as a source of pass-through or donor-directed capital rather than making direct programmatic grants. There are no grants to operating nonprofits or issue-specific organizations, so no programmatic priorities are yet visible; future giving will likely be determined by the donor(s) directing the DAF. This pattern suggests flexibility and a preference for intermediary vehicles to facilitate philanthropy.

    Focus Areas

    Donor-Advised Fund / Pass-Through PhilanthropyFlexible, undesignated charitable capital for future grantmakingIntermediary and pooled giving vehicles

    Who They Fund

    unspecified

    Giving Approach

    Highly concentrated: a single, large one-time transfer into a donor-advised fund (intermediary) rather than direct grants to programmatic grantees. No evidence of repeat or issue-specific funding.

    Funding Style

    general operating supportunrestricted support

    About Veloric Foundation

    The Veloric Foundation’s largest public grant is a $6.8 million contribution to Fidelity Charitable Gift Fund, and that single transaction shapes how the foundation reads in the public record: as a funder channeling substantial capital through intermediary vehicles. Beyond that pass-through contribution, the record shows direct support to universities, Jewish organizations, a hospital, a relationship-services nonprofit, and a community development group. The mix includes both contribution grants and general operating support, suggesting the foundation uses multiple grant types rather than one fixed model. American University appears multiple times in the recent grants list, including a $105,500 contribution in 2025 and $100,000 grants in 2024. Other named recipients also recur, including American Technion Society, American Jewish Committee, Council for Relationships, Shane Victorino Foundation, and Drexel University. That repetition points to an active pattern of follow-on support among a small set of recipients. The foundation’s public giving record is broad enough to include higher education, Jewish communal institutions, and local Philadelphia organizations, while still being dominated by a very large intermediary contribution rather than a single operating program.

    What Veloric Foundation Funds

    Higher education is one visible thread in The Veloric Foundation’s recent grants. They gave $105,500 to American University in 2025 and another $100,000 to the same institution in 2024, along with $10,000 to Drexel University in 2025 and $10,000 to The University of the Arts in 2024. Jewish organizations also appear repeatedly. The foundation awarded $100,000 to American Jewish Committee in 2024 and another $100,000 contribution in 2025 to American Jewish Committeejacob Blaustein Bldg. It also gave $100,000 and $75,000 to American Technion Society in 2024, plus another $100,000 in 2025. Community-serving nonprofits in Philadelphia show up as well. Council for Relationships received $55,000 in 2025 and both a $25,000 contribution and a $25,000 general operating support grant in 2024. The Enterprise Center received $20,000 in 2024 and another $20,000 in 2025 through The Enterprise Center Community Develpoment Corpor.

    How Veloric Foundation Gives

    The Veloric Foundation’s grant sizes cluster around modest awards: the 25th percentile is $3,900, the median is $10,000, and the 75th percentile is $62,500. That spread sits alongside one very large outlier, the $6.8 million contribution to Fidelity Charitable Gift Fund. The public record shows repeated grants to the same organizations across 2024 and 2025, including American University, American Technion Society, Council for Relationships, Shane Victorino Foundation, Drexel University, and Jewish Federation of South Palm Beach. The foundation is private and does not fund individuals. The available record also shows both contribution grants and general operating support, with no program-related investments reported.

    Financial Snapshot

    Annual Giving

    $514K

    Total Assets

    $6.8M

    Total Revenue

    $344K

    Total Expenses

    $783K

    Typical Grant Size

    Most grants fall between $4K and $63K, with a median of $10K.

    25th Percentile

    $4K

    Median

    $10K

    75th Percentile

    $63K

    Geographic Reach

    Regional8 states funded
    Intensidad de financiamiento
    Baja
    Alta
    Sede

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    Política de privacidadTérminos de servicioHuella ambientalEstado del sistema
    2025
    Activos totales: 6,8 M US$
    4 declaraciones registradas
    Encuentra su declaración 990 completa →
    Descubre si hay afinidad — GratisCuenta gratuita · puntaje de afinidad inmediato · financiadores similares
    core/operational funding
    contribution/grantmaking

    Notable grantees: Fidelity Charitable Gift Fund

    Topics

    unspecified/not thematicflexible funding (no program restriction)organizational sustainability

    Where Veloric Foundation Makes Grants

    The bulk of grants land in Pennsylvania, which accounts for 54% of grants to recipients in the foundation’s home state. Philadelphia appears often, with grants to Thomas Jefferson University, Council for Relationships, The Enterprise Center, Drexel University, and The University of the Arts. Outside Pennsylvania, New York City recipients include American Technion Society and American Jewish Committee. Nevada shows up through Shane Victorino Foundation in Las Vegas, and Florida through Boca Raton Regional Hospital and Jewish Federation of South Palm Beach in Boca Raton. All recorded grants in the supplied data go to U.S. recipients.

    Frequently Asked Questions About Veloric Foundation

    What kinds of organizations does The Veloric Foundation fund?

    The public record shows grants to universities, Jewish organizations, a hospital, a relationship-services nonprofit, and a community development group. Named recipients include American University, American Technion Society, American Jewish Committee, Thomas Jefferson University, Boca Raton Regional Hospital, Council for Relationships, and The Enterprise Center.

    What is the typical grant size?

    The foundation’s grant-size distribution is centered on smaller awards: the 25th percentile is $3,900, the median is $10,000, and the 75th percentile is $62,500. The record also includes one much larger $6.8 million contribution to Fidelity Charitable Gift Fund.

    Does The Veloric Foundation make repeated grants to the same organizations?

    Yes. American University appears in both 2024 and 2025, American Technion Society appears multiple times across those years, and Council for Relationships, Shane Victorino Foundation, Drexel University, and Jewish Federation of South Palm Beach also recur in the recent grants list.

    What is the foundation’s geographic reach?

    Its giving is regional, with 54% of grants going to recipients in Pennsylvania. Philadelphia is a frequent recipient city, and other recipient cities in the record include New York, Boston, Boca Raton, Washington, DC, and Las Vegas.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    AMERICAN UNIVERSITYWASHINGTON, DC$105,5002025CONTRIBUTION
    AMERICAN TECHNION SOCIETYNEW YORK, NY$100,0002025CONTRIBUTION
    AMERICAN JEWISH COMMITTEEJACOB BLAUSTEIN BLDGNEW YORK, NY$100,0002025CONTRIBUTION
    COUNCIL FOR RELATIONSHIPSPHILADELPHIA, PA$55,0002025CONTRIBUTION
    THE ENTERPRISE CENTER COMMUNITY DEVELPOMENT CORPORPHILADELPHIA, PA$20,0002025CONTRIBUTION
    BOCA RATON REGIONAL HOSPITALBOCA RATON, FL$20,0002025CONTRIBUTION
    SHANE VICTORINO FOUNDATIONLAS VEGAS, NV$15,0002025CONTRIBUTION
    BRYN MAWR FOUNDATIONRADNOR, PA$10,0002025CONTRIBUTION
    ANTI DEFAMATION LEAGUEPHILADELPHIA, PA$10,0002025CONTRIBUTION
    JEWISH FEDERATION OF SOUTH PALM BEACHBOCA RATON, FL$10,0002025CONTRIBUTION
    DREXEL UNIVERSITYPHILADELPHIA, PA$10,0002025CONTRIBUTION
    UNIVERSITY OF THE ARTSPHILADELPHIA, PA$10,0002025CONTRIBUTION
    GLOBAL INDEPENDENCE CENTREPHILADELPHIA, PA$10,0002025CONTRIBUTION
    MEDIATION FOR LEADERSHIPMOORESTOWN, NJ$5,0002025CONTRIBUTION
    JEWISH NATIONAL FUNDNEW YORK, NY$5,0002025CONTRIBUTION
    JEWISH FEDERATION OF GREATER PHILADELPHIAPHILADELPHIA, PA$5,0002025CONTRIBUTION
    JEWISH RELIEF AGENCYBALA CYNWYD, PA$5,0002025CONTRIBUTION
    BOYS TOWN JERUSALEM FOUNDATIONNEW YORK, NY$3,6002025CONTRIBUTION
    FIRST SEDERBALA CYNWYD, PA$3,6002025CONTRIBUTION
    POLITZ HEBREW ACADEMYPHILADELPHIA, PA$1,8002025CONTRIBUTION
    MAIN LINE ART CENTERHAVERFORD, PA$1,8002025CONTRIBUTION
    MEMORIAL SLOAN KETTERINGNEW YORK, NY$1,0002025CONTRIBUTION
    FOLDS OF HONOROWASSO, OK$1,0002025CONTRIBUTION
    CLEAN AIR COUNCILPHILADELPHIA, PA$1,0002025CONTRIBUTION
    PHILADELPHIA JEWISH SPORTS HALL OF FAMEGLADWYNE, PA$1,0002025CONTRIBUTION
    MAGICAL MILA FOUNDATIONJENKINTOWN, PA$1,0002025CONTRIBUTION
    THE BEN TO THE SHORE TOURCOSHOHOCKEN, PA$1,0002025CONTRIBUTION
    JAFCOBALA CYNWYD, PA$1,0002025CONTRIBUTION
    NATIONAL SOCIETY OF COLONIAL DAMES (NSCDA)PHILADELPHIA, PA$5002025CONTRIBUTION
    NEISTADER PANCREATIC RESEARCH FUNDMARGATE, NJ$1002025CONTRIBUTION
    FIDELITY CHARITABLE GIFT FUNDBOSTON, MA$6,800,0002024CONTRIBUTION
    AMERICAN JEWISH COMMITTEEJACOB BLAUSTEIN BLDGNEW YORK, NY$100,0002024CONTRIBUTION
    AMERICAN UNIVERSITYWASHINGTON, DC$100,0002024CONTRIBUTION
    AMERICAN TECHNION SOCIETYNEW YORK, NY$100,0002024CONTRIBUTION
    AMERICAN TECHNION SOCIETYNEW YORK, NY$100,0002024CONTRIBUTION
    AMERICAN UNIVERSITYWASHINGTON, DC$100,0002024GENERAL OPERATING SUPPORT
    AMERICAN JEWISH COMMITTEENEW YORK, NY$100,0002024GENERAL OPERATING SUPPORT
    THOMAS JEFFERSON UNIVERSITYPHILADELPHIA, PA$100,0002024GENERAL OPERATING SUPPORT
    AMERICAN TECHNION SOCIETYNEW YORK, NY$75,0002024GENERAL OPERATING SUPPORT
    BRYN MAWR FOUNDATIONRADNOR, PA$50,0002024GENERAL OPERATING SUPPORT
    BOCA RATON REGIONAL HOSPITAL INCBOCA RATON, FL$40,0002024CONTRIBUTION
    COUNCIL FOR RELATIONSHIPS INCPHILADELPHIA, PA$25,0002024CONTRIBUTION
    COUNCIL FOR RELATIONSHIPSPHILADELPHIA, PA$25,0002024GENERAL OPERATING SUPPORT
    JEWISH FEDERATION OF SOUTH PALM BEACHBOCA RATON, FL$20,0002024CONTRIBUTION
    THE ENTERPRISE CENTERPHILADELPHIA, PA$20,0002024CONTRIBUTION
    SHANE VICTORINO FOUNDATIONLAS VEGAS, NV$15,0002024CONTRIBUTION
    MEDITATION4LEADERSHIPMOORESTOWN, NJ$10,0002024CONTRIBUTION
    THE UNIVERSITY OF THE ARTSPHILADELPHIA, PA$10,0002024CONTRIBUTION
    GLOBAL INTERDEPENDENCE CENTERPHILADELPHIA, PA$10,0002024CONTRIBUTION
    DREXEL UNIVERSITYPHILADELPHIA, PA$10,0002024CONTRIBUTION

    AMERICAN UNIVERSITY

    $105,500
    WASHINGTON, DC2025

    CONTRIBUTION

    AMERICAN TECHNION SOCIETY

    $100,000
    NEW YORK, NY2025

    CONTRIBUTION

    AMERICAN JEWISH COMMITTEEJACOB BLAUSTEIN BLDG

    $100,000
    NEW YORK, NY2025

    CONTRIBUTION

    COUNCIL FOR RELATIONSHIPS

    $55,000
    PHILADELPHIA, PA2025

    CONTRIBUTION

    THE ENTERPRISE CENTER COMMUNITY DEVELPOMENT CORPOR

    $20,000
    PHILADELPHIA, PA2025

    CONTRIBUTION

    BOCA RATON REGIONAL HOSPITAL

    $20,000
    BOCA RATON, FL2025

    CONTRIBUTION

    SHANE VICTORINO FOUNDATION

    $15,000
    LAS VEGAS, NV2025

    CONTRIBUTION

    BRYN MAWR FOUNDATION

    $10,000
    RADNOR, PA2025

    CONTRIBUTION

    ANTI DEFAMATION LEAGUE

    $10,000
    PHILADELPHIA, PA2025

    CONTRIBUTION

    JEWISH FEDERATION OF SOUTH PALM BEACH

    $10,000
    BOCA RATON, FL2025

    CONTRIBUTION

    DREXEL UNIVERSITY

    $10,000
    PHILADELPHIA, PA2025

    CONTRIBUTION

    UNIVERSITY OF THE ARTS

    $10,000
    PHILADELPHIA, PA2025

    CONTRIBUTION

    GLOBAL INDEPENDENCE CENTRE

    $10,000
    PHILADELPHIA, PA2025

    CONTRIBUTION

    MEDIATION FOR LEADERSHIP

    $5,000
    MOORESTOWN, NJ2025

    CONTRIBUTION

    JEWISH NATIONAL FUND

    $5,000
    NEW YORK, NY2025

    CONTRIBUTION

    JEWISH FEDERATION OF GREATER PHILADELPHIA

    $5,000
    PHILADELPHIA, PA2025

    CONTRIBUTION

    JEWISH RELIEF AGENCY

    $5,000
    BALA CYNWYD, PA2025

    CONTRIBUTION

    BOYS TOWN JERUSALEM FOUNDATION

    $3,600
    NEW YORK, NY2025

    CONTRIBUTION

    FIRST SEDER

    $3,600
    BALA CYNWYD, PA2025

    CONTRIBUTION

    POLITZ HEBREW ACADEMY

    $1,800
    PHILADELPHIA, PA2025

    CONTRIBUTION

    MAIN LINE ART CENTER

    $1,800
    HAVERFORD, PA2025

    CONTRIBUTION

    MEMORIAL SLOAN KETTERING

    $1,000
    NEW YORK, NY2025

    CONTRIBUTION

    FOLDS OF HONOR

    $1,000
    OWASSO, OK2025

    CONTRIBUTION

    CLEAN AIR COUNCIL

    $1,000
    PHILADELPHIA, PA2025

    CONTRIBUTION

    PHILADELPHIA JEWISH SPORTS HALL OF FAME

    $1,000
    GLADWYNE, PA2025

    CONTRIBUTION

    MAGICAL MILA FOUNDATION

    $1,000
    JENKINTOWN, PA2025

    CONTRIBUTION

    THE BEN TO THE SHORE TOUR

    $1,000
    COSHOHOCKEN, PA2025

    CONTRIBUTION

    JAFCO

    $1,000
    BALA CYNWYD, PA2025

    CONTRIBUTION

    NATIONAL SOCIETY OF COLONIAL DAMES (NSCDA)

    $500
    PHILADELPHIA, PA2025

    CONTRIBUTION

    NEISTADER PANCREATIC RESEARCH FUND

    $100
    MARGATE, NJ2025

    CONTRIBUTION

    FIDELITY CHARITABLE GIFT FUND

    $6,800,000
    BOSTON, MA2024

    CONTRIBUTION

    AMERICAN JEWISH COMMITTEEJACOB BLAUSTEIN BLDG

    $100,000
    NEW YORK, NY2024

    CONTRIBUTION

    AMERICAN UNIVERSITY

    $100,000
    WASHINGTON, DC2024

    CONTRIBUTION

    AMERICAN TECHNION SOCIETY

    $100,000
    NEW YORK, NY2024

    CONTRIBUTION

    AMERICAN TECHNION SOCIETY

    $100,000
    NEW YORK, NY2024

    CONTRIBUTION

    AMERICAN UNIVERSITY

    $100,000
    WASHINGTON, DC2024

    GENERAL OPERATING SUPPORT

    AMERICAN JEWISH COMMITTEE

    $100,000
    NEW YORK, NY2024

    GENERAL OPERATING SUPPORT

    THOMAS JEFFERSON UNIVERSITY

    $100,000
    PHILADELPHIA, PA2024

    GENERAL OPERATING SUPPORT

    AMERICAN TECHNION SOCIETY

    $75,000
    NEW YORK, NY2024

    GENERAL OPERATING SUPPORT

    BRYN MAWR FOUNDATION

    $50,000
    RADNOR, PA2024

    GENERAL OPERATING SUPPORT

    BOCA RATON REGIONAL HOSPITAL INC

    $40,000
    BOCA RATON, FL2024

    CONTRIBUTION

    COUNCIL FOR RELATIONSHIPS INC

    $25,000
    PHILADELPHIA, PA2024

    CONTRIBUTION

    COUNCIL FOR RELATIONSHIPS

    $25,000
    PHILADELPHIA, PA2024

    GENERAL OPERATING SUPPORT

    JEWISH FEDERATION OF SOUTH PALM BEACH

    $20,000
    BOCA RATON, FL2024

    CONTRIBUTION

    THE ENTERPRISE CENTER

    $20,000
    PHILADELPHIA, PA2024

    CONTRIBUTION

    SHANE VICTORINO FOUNDATION

    $15,000
    LAS VEGAS, NV2024

    CONTRIBUTION

    MEDITATION4LEADERSHIP

    $10,000
    MOORESTOWN, NJ2024

    CONTRIBUTION

    THE UNIVERSITY OF THE ARTS

    $10,000
    PHILADELPHIA, PA2024

    CONTRIBUTION

    GLOBAL INTERDEPENDENCE CENTER

    $10,000
    PHILADELPHIA, PA2024

    CONTRIBUTION

    DREXEL UNIVERSITY

    $10,000
    PHILADELPHIA, PA2024

    CONTRIBUTION