Veritas Foundation
At a glance
This funder does not accept unsolicited applications. The foundation chooses the organisations it funds itself.
Key takeaways
- The foundation does not accept unsolicited requests and works by invitation only, so a small charity should not send it a cold proposal.
- Its recorded giving is mainly general support for schools and Christian campus fellowships and ministries, with grants also going to a gymnastics organisation, a hospitality centre and a church, so work close to these areas fits best.
- Half of its grants to organisations were $50,000 or less, and most grants fall between $5,500 and $125,000, though its largest grant was $300,000, so that band is not a ceiling.
- About 73% of its grant dollars to organisations went to groups it had also funded in an earlier filing, so it appears relationship-led rather than open to new approaches.
- No geographic focus is stated, although the filing shows grants mainly in Minnesota, so a group elsewhere should weigh that before approaching it.
Overview
Veritas Foundation is a US private foundation based in Plymouth, MN.
What they fund
Profile based on the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) only: no website or other web source for the foundation was found. Every statement is checked against the filings. Sources read on 7 October 2026.
Priority Areas
The recorded giving is chiefly general support for schools and Christian campus fellowships and ministries. Other recipients include a gymnastics organisation, a hospitality centre and a church; a separate building-project grant went to a school. The grants therefore show support reaching educational organisations, campus ministry, sport, community hospitality and a church. General support is the stated purpose for most recorded grants, while one grant is identified as a building project. The recipient mix spans different kinds of charitable organisations rather than one single service category.
Geographic Focus
No geographic focus is stated; the filings show grants mainly in Minnesota.
How to apply
The foundation states that it does not accept unsolicited requests.
Application success factors
- Repeat giving: In its TY2024 filing, 73% of its grant dollars to organisations went to organisations it had also funded in its TY2022 or TY2023 filing.
- Grant size: Across its TY2022, TY2023 and TY2024 filings, half of its 18 grants to organisations were $50,000 or less.
Where grants go
From grants to organisations in the foundation’s filings for tax years 2022–2024.
Grant dollars by state
- The largest single recipient received 30% of grant dollars to organisations.
- In tax year 2024, 73% of grant dollars went to organisations Veritas Foundation had funded in earlier filings.
- No grants were paid directly to organisations outside the US.
Grants
How much do they typically give?
Share of 7 grants in tax year 2024 by size
Median $50,000 (tax year 2024)
The largest grants to organisations in the foundation’s latest filing:
- Chesterton Academy · General support$125,0002024 tax year
- Friends Of Minnesota Mens Gymnastics · General support$100,0002024 tax year
- University Christian Fellowship · General support$53,0002024 tax year
- Rivertree School · General support$50,0002024 tax year
- Chi Alpha Campus Ministries of Duluth · General support$27,5002024 tax year
- Chi Alpha Umn · General support$8,0002024 tax year
- Hospitality Center · General support$5,5002024 tax year
Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.
Officers and directors
- Kristine E Isaac — Secretary
- Peter S Karle — Treasurer
- Patricia J Karle — President
From the latest Form 990-PF filing
3 years of tax filings
| Year | Total expenses | Grants paid | Assets | Filing document |
|---|---|---|---|---|
| 2022 tax year | $577,643 | $559,000 | $7,485,532 | Filing for 2022 tax year |
| 2023 tax year | $326,454 | $318,500 | $8,137,933 | Filing for 2023 tax year |
| 2024 tax year | $419,025 | $369,000 | $8,769,885 | Filing for 2024 tax year |
Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.
Sources
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At a glance
Applying to Veritas Foundation?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
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Contact
- Plymouth, MN
Applying to Veritas Foundation?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required
Contact
- Plymouth, MN