Verizon Foundation

Verizon Foundation is a charitable organization in Basking Ridge, New Jersey. Its tax id (EIN) is 13-3319048. It was granted tax-exempt status by IRS in April, 1987. For detailed information such as income and other financial data of Verizon Foundation, refer to the following table.


Profile of Verizon Foundation

Organization Name Verizon Foundation
Tax Id (EIN)13-3319048
Address Po Box 627, Basking Ridge, NJ 07920-0627
All tax-exempt organizations in zip code 07920
Tax PeriodAssetIncomeRevenue
December, 2012$98,050,530$60,472,919$0
December, 2013$82,231,678$75,704,435$0
December, 2014$45,180,315$56,787,398$0
December, 2015$9,071,029$16,088,943$0
December, 2016$57,025,383$176,587,958$0
December, 2017$65,462,164$110,607,997$0
December, 2018$39,143,137$150,169,900$0
December, 2019$19,360,141$8,048,519$0
December, 2020$22,429,247$69,340,216$0
December, 2021$26,429,657$28,133,155$0
December, 2022$26,786,747$6,748,199$0
December, 2023$25,968,957$7,525,643$0
IRS Exempt Status Ruling Date April, 1987
Exempt Status Unconditional Exemption
Deductibility Contributions are deductible
Tax Exempt Classification Philanthropy, Voluntarism and Grantmaking Foundations
Tax Exempt Activity Corporate Foundations
NTEE CodeT21
Organization's purposes,
activities, & operations
Gifts, grants, or loans to other organizations
(note: this activity classification has been replaced by the Tax Exempt Classification shown above since 1995.)
Foundation Type Private non-operating foundation
Organization Type Corporation
Organization Classification Charitable Organization
Affiliation Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Primary Return(s) Required to File 990 - Not required to file (all other)
Private Foundation Filing Requirement Need to file 990-PF return
Asset Range Reported on Form 990$10,000,000 to 49,999,999
Income Range Reported on Form 990$5,000,000 to 9,999,999
Accounting Period 12