Frederick E G Valergakis Charitable
Frederick E G Valergakis Charitable is a private foundation, based in FORT WASHINGTON, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 4 grants totaling $237K. Net investment income was $236K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.0M
-2.3% YoY
Annual Giving
$237K
+124.0% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$59K
+68.0% YoY
Under IRS private-foundation payout rules, Frederick E G Valergakis Charitable reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.
About Frederick E G Valergakis Charitable
Based on IRS filings
Frederick E G Valergakis Charitable is a private foundation, based in FORT WASHINGTON, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 4 grants totaling $237K. Net investment income was $236K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,047,671 | $1,072,643 | $1,178,057 |
| Revenue | $255,913 | $125,175 | $145,198 |
| Expenses | $280,861 | $230,589 | $83,246 |
| Qualifying Distributions | $262,461 | $210,273 | $57,040 |
| Net Investment Income | $236,445 | $104,859 | $121,860 |
| Distributable Amount | $47,279 | $61,067 | $63,907 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Board of Education of Jersey City ($99,756), Hellenic University Education Fund ($77,697), Rutgers University Foundation ($39,970).
| Recipient | Purpose | Amount |
|---|---|---|
| HELLENIC UNIVERSITY EDUCATION FUND BROOKLINE, MA | GENERAL | $77,697 |
| BOARD OF EDUCATION OF JERSEY CITY JERSEY CITY, NJ | GENERAL | $99,756 |
| WEST NEW YORK BOARD OF EDUCATION WEST NEW YORK, NJ | GENERAL | $20,000 |
| RUTGERS UNIVERSITY FOUNDATION NEW BRUNSWICK, NJ | GENERAL | $39,970 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE BORDEN | TRUSTEE | 2 | — |
Frequently Asked Questions
How large is Frederick E G Valergakis Charitable?
As of 2024, Frederick E G Valergakis Charitable holds $1.0M in total assets with $256K in annual revenue. It awarded 4 grants totaling $237K in 2024.
Where does Frederick E G Valergakis Charitable operate?
Frederick E G Valergakis Charitable has awarded grants in Massachusetts, New Jersey.
What size grants does Frederick E G Valergakis Charitable award?
In 2024, Frederick E G Valergakis Charitable awarded 4 grants totaling $237K — an average of about $59K per grant, based on its IRS Form 990 filings.
How much is Frederick E G Valergakis Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Frederick E G Valergakis Charitable reported a distributable amount of $47K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frederick E G Valergakis Charitable's EIN?
Frederick E G Valergakis Charitable's EIN (Employer Identification Number) is 23-2057515. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.