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The Daniel Veloric Foundation

Profile

Last Updated: 2015-09-24

At A Glance

The Daniel Veloric Foundation

(formerly The Veloric Foundation)

P.O. Box 790

Bala-Cynwyd, PA United States 19004-0790

Telephone: (610) 664-2200

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2012-12-31)

Assets: $5,804,411

Total giving: $74,800

EIN

237850850

BRIDGE Number

1493599878

Background

Established in 1996 in PA

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

The foundation makes PRIs in the form of purchasing certificates of deposit in community banks, which allows the banks to use the money for community development activities in their local communities.

Financial Data

Year ended 2012-12-31

Assets: $5,804,411 (market value)

Gifts received: $466,413

Expenditures: $233,588

Total giving: $74,800

Qualifying distributions: $1,137,272