Verizon Foundation | Foundation Profile

3992 of 19496 recipients (20%) were new grantees. Foundation strongly favors organizations with proven track records. New partnerships develop slowly over time.

Grants are geographically diversified with 15% in New York and funding distributed across 57 total locations. This foundation values broad geographic impact and diverse community partnerships. Within New York, funding concentrates in New York (37%), Brooklyn (4%), Staten Island (3%).

Declining funding trend with 85% decrease over 3 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Diversified giving across multiple program areas with primary emphasis on general purposes (48%). This broad approach suggests openness to various causes and innovative cross-sector solutions.