Veritas Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Veritas Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 20-2522960

Foundation Overview

Based in Plymouth, MN, Veritas Foundation has awarded 56 grants totaling $3,190,794 to organizations in Minnesota, Missouri and 3 other states across the US. Individual grants range from $1,000 to $300,000, with a median award of $42,952.5.

Latest Tax Year
2024
Total Giving (all years)
$3,190,794
Total Assets
$8,769,885
Median Grant (all grants)
$42,952.5

Latest Form 990-PF Snapshot

Total Grants
7
Median Grant
$50,000
% Median Grant Growth
+9% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: March 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Closed Network: 14%

1 of 7 recipients (14%) were new grantees. Foundation maintains tight relationships with established partners. New applicants rarely succeed without insider connections.

Geographic Focus
Minnesota

73% of all grants are concentrated in Minnesota, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Minnesota, funding concentrates in Duluth (39%), Minneapolis (24%), Hopkins (22%).

Funding Trajectory
-3%

Stable funding levels with 3% change over 6 years indicate consistent grant-making capacity and predictable philanthropic resources. This stability suggests reliable ongoing funding opportunities.

Program Areas
Community Projects + General Purposes

Dual focus on community projects (50%) and general purposes, indicating strategic concentration in complementary program areas.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Veritas Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Chesterton Academy $125,000 Hopkins, MN, US General Support 2024
Friends Of Minnesota Mens Gymnastics $100,000 New Brighton, MN, US General Support 2024
University Christian Fellowship $53,000 Duluth, MN, US General Support 2024
Rivertree School $50,000 Minneapolis, MN, US General Support 2024
Chi Alpha Campus Ministries Of Duluth $27,500 Duluth, MN, US General Support 2024
Chi Alpha Umn $8,000 Springfield, MO, US General Support 2024
Hospitality Center $5,500 Minneapolis, MN, US General Support 2024
Chi Alpha Campus Ministries Of Duluth $35,000 Duluth, MN, US General Support 2023
Rivertree School $76,000 Minneapolis, MN, US General Support 2023
University Christian Fellowship $56,500 Duluth, MN, US General Support 2023
Chi Alpha Umn $21,000 Springfield, MO, US General Support 2023
Chesterton Academy $125,000 Hopkins, MN, US General Support 2023
Hospitality Center $5,000 Minneapolis, MN, US General Support 2023
Chi Alpha Campus Ministries Of Duluth $30,000 Duluth, MN, US General Support 2022
Church Of The Cross $50,000 Hopkins, MN, US General Support 2022
University Christian Fellowship $54,000 Duluth, MN, US General Support 2022
Chesterton Academy $125,000 Hopkins, MN, US General Support 2022
Hand In Hand Christian Montessori Home School Academy $300,000 St Paul, MN, US Building Project 2022
Chi Alpha Campus Ministries Of Duluth $30,000 Duluth, MN, US General Support 2022
Church Of The Cross $50,000 Hopkins, MN, US General Support 2022
University Christian Fellowship $54,000 Duluth, MN, US General Support 2022
Chesterton Academy $125,000 Hopkins, MN, US General Support 2022
Hand In Hand Christian Montessori Home School Academy $300,000 St Paul, MN, US Building Project 2022
Chi Alpha Campus Ministries Of Duluth $30,000 Duluth, MN, US General Support 2022
Church Of The Cross $50,000 Hopkins, MN, US General Support 2022
University Christian Fellowship $54,000 Duluth, MN, US General Support 2022
Chesterton Academy $125,000 Hopkins, MN, US General Support 2022
Hand In Hand Christian Montessori Home School Academy $300,000 St Paul, MN, US Building Project 2022
Chi Alpha Campus Ministries $3,000 Springfield, MO, US General Support 2021
Chi Alpha Campus Ministries Of Duluth $24,800 Duluth, MN, US General Support 2021
Compassion International $10,000 Colorado Springs, CO, US General Support 2021
Global Student Initiatives Ga Chi Alpha $5,000 Columbus, GA, US General Support 2021
Rivertree School $75,000 Minneapolis, MN, US General Support 2021
Transformation Today $40,000 Bloomington, MN, US General Support 2021
University Christian Fellowship $54,000 Duluth, MN, US General Support 2021
Chi Alpha Campus Ministries Of Duluth $45,905 Duluth, MN, US General Support 2020
Rivertree School $50,000 Minneapolis, MN, US General Support 2020
University Christian Fellowship $53,800 Duluth, MN, US General Support 2020
Church Of The Cross $50,000 Hopkins, MN, US General Support 2020
Global Student Initiatives Ga Chi Alpha $7,000 Columbus, GA, US General Support 2020
Compassion International $10,000 Colorado Springs, CO, US General Support 2020
World Missions - Assemblies Of God $1,000 Springfield, MO, US General Support 2020
Chi Alpha Campus Ministries $5,000 Springfield, MO, US General Support 2020
Billy Graham Evangelistic Association $10,000 Charlotte, NC, US General Support 2020
Oasis World Ministries $150,000 Minneapolis, MN, US General Support 2018
Chi Alpha Campus Ministries Of Duluth $67,670 Duluth, MN, US General Support 2018
University Christian Fellowship $55,919 Duluth, MN, US General Support 2018
Global Student Initiatives Gf Chi Alpha $15,600 Columbus, GA, US General Support 2018
Seg-way Ministries $15,600 Minneapolis, MN, US General Support 2018
Sojourn Church $15,600 Minneapolis, MN, US General Support 2018
World Missions - Assemblies Of God $15,600 Springfield, MO, US General Support 2018
Mn District Council - Assemblies Of God $14,400 Minneapolis, MN, US General Support 2018
Greater European Missions $10,200 Monument, CO, US General Support 2018
Chi Alpha Campus Ministries $8,400 Springfield, MO, US General Support 2018
Global Harvest Church $7,800 Bloomington, MN, US General Support 2018
Compassion International $5,000 Colorado Springs, CO, US General Support 2018

Foundations Similar to Veritas Foundation

Discover 5 foundations with comparable assets ($8,104,190-$9,495,608), similar grant patterns, and geographic focus in MN that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 46-3402520 | 143 grants awarded
$8,694,650
(≈ Similar)
$75,000
median grant
Excelsior, MN
Same state
100%
Excellent match

EIN: 30-1319784 | 149 grants awarded
$8,636,178
(≈ Similar)
$37,500
median grant
Saint Paul, MN
Same state
99%
Excellent match

EIN: 84-6637931 | 63 grants awarded
$9,161,149
(≈ Similar)
$28,702
median grant
Minneapolis, MN
Same state
98%
Excellent match

EIN: 41-0636273 | 21 grants awarded
$8,104,190
(≈ Similar)
$70,500
median grant
Aitkin, MN
Same state
96%
Excellent match

EIN: 36-3486546 | 3 grants awarded
$9,495,608
(≈ Similar)
$32,000
median grant
Wayzata, MN
Same state
96%
Excellent match

Contact Information

Official contact details for Veritas Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 20-2522960
Website http://veritas-foundation.org
Address 1011 YUMA LN N Plymouth, MN 55447-3608

Key People (3)

Board members, trustees, and key staff who oversee Veritas Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

President Patricia J Karle
Treasurer Peter S Karle
Secretary Kristine E Isaac

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Veritas Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated March 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.