The Richard And Johnette Venne Foundation

Organization Overview

The Richard And Johnette Venne Foundation is located in Newtown, PA. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richard And Johnette Venne Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Richard And Johnette Venne Foundation generated $37.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.6% each year . All expenses for the organization totaled $48.1k during the year ending 12/2021. While expenses have increased by 31.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1
Dividends & Interest $5,372
Net Rental Income$0
Net Gain on Sale of Assets $31,642
Capital Gain Net Income $31,642
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $37,015

Grants Awarded

Over the last fiscal year, The Richard And Johnette Venne Foundation has awarded $45,000 in support to 2 organizations.

Grant RecipientAmount

MC-LEF

PURPOSE: CHARITABLE PURPOSES AS DESCRIBED IN CHARITYS MISSION STATEMENT

$25,000

GIVE THE KIDS THE WORLD

PURPOSE: CHARITABLE PURPOSES AS DESCRIBED IN CHARITYS MISSION STATEMENT

$20,000
View Grant Profile

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