James And Lillian Lockerd
Verabank is a private foundation dedicated to supporting charitable operations, primarily through grants to religious and community service organizations. Its mission reflects a commitment to enhancing community welfare and providing assistance to various charitable initiatives, including education and human services. The foundation predominantly serves organizations within Texas, with a focus on local churches and educational nonprofits. Through its funding, Verabank aims to foster community development and support the needs of its recipients.
Source: Zeffy Agent · Mar 2026
Ideal Applicant
A small Texas-based charity or community organization seeking modest operating support, especially faith-based groups, schools, or local human-services providers.
Good Fit
- • Located in Texas (in-state applicants make up 100% of observed giving).
- • Requesting modest operating support in the $1.7k–$5k range or similar.
- • A faith-based, education, or local community-service mission.
- • Can provide a copy of IRS exemption letter and demonstrate local impact.
Geography
Observed giving in the latest year was confined to a single state (Texas), with 100% of grant dollars and all recipients located in-state.
Recipient Variety
The latest year shows seven distinct independent recipients (churches, schools, and community nonprofits), which indicates a modestly diverse local portfolio for a micro foundation; however the top five recipients captured most dollars.
New Applicants
Direct multi-year turnover data are unavailable, but a public application route exists: rolling submissions with a named contact, mailing address, phone, and instructions to include an IRS exemption letter, so unfamiliar local applicants appear able to apply though long-term openness cannot be confirmed from one year of data.
Source: Zeffy Agent · Mar 2026
