Verizon Foundation

Annual Giving
$7.3M
Grant Range
$1K - $1.0M

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Quick Stats

  • Annual Giving: $7,276,854 (grants paid in tax year 2023, from 990-PF)
  • Grant Range: $500 to $1,000,000 (most grants under $40,000, based on third-party grant data)
  • Geographic Focus: United States (including Puerto Rico and U.S. Virgin Islands)
  • Application Method: Invitation only (no public application process for nonprofit grants; separate open application for small business grants)
  • Total Assets: $25,968,957 (tax year 2023)

Contact Details

Funding Priorities

  • Digital inclusion and digital skills development for K-12 students and teachers
  • STEM education, including summer and after-school programmes
  • Teacher professional development in technology-infused pedagogy
  • Climate protection and climate resilience initiatives (including flood sensor programmes for vulnerable communities)
  • Human prosperity programmes supporting diverse communities, including minorities, veterans, and LGBTQ+ individuals
  • Higher education
  • Disaster relief

Recent Grant Pattern

Based on most recent 990-PF grant records, the Verizon Foundation has made grants across multiple states, with particular activity in:

  • Education and technology-focused nonprofits
  • Community development organisations
  • Environmental and climate resilience initiatives

The Foundation operates primarily through an invitation-only model, directing grants to organisations aligned with its strategic priorities in digital inclusion, climate protection, and human prosperity.

What They Don't Fund

  • Individuals
  • Private charities or foundations
  • Organisations not exempt under Section 501(c)(3) of the Internal Revenue Code
  • Religious organisations (unless the programme benefits a large portion of the community without regard to religious affiliation)
  • Political causes, candidates, organisations, or campaigns
  • Organisations whose primary purpose is to influence legislation
  • Endowments or capital campaigns
  • Sports events lacking a charitable purpose
  • Performing arts tours
  • Trade association memberships
  • Cash grants for Verizon products or services
  • Organisations with conflicts of interest related to Verizon employees
  • Organisations that have received a grant within the past three consecutive years (one-year hiatus required before reapplication)

Application Process & Timeline

The Verizon Foundation operates on an invitation-only basis. New applications are not accepted, and the Foundation does not respond to unsolicited inquiries for funding. Organisations interested in potential partnership should contact their local Verizon community relations manager.

Note: A separate public application process exists for small businesses through the Verizon Digital Ready programme, which awards $10,000 grants to qualifying small businesses on a rolling monthly basis.

References

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