Middle Road Foundation
Middle Road Foundation is a small, private tax-exempt foundation established in 1982 and located in New York City (1140 5th Ave # 14a, New York, NY 10128). The foundation operates as a family foundation and does not accept grant applications.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.2M
+12.8% YoY
Annual Giving
$992K
+13.7% YoY
Grant Count
83
+1.2% YoY
Avg Grant Size
$12K
+12.4% YoY
Mission & Focus Areas
Middle Road Foundation supports a wide variety of causes with principal areas of focus including:
- Education
- Health care
- Assistance to refugees and underprivileged members of the Jewish community living in the former Soviet Union
- Social justice
- Local community organizations in the New York metropolitan area, Los Angeles, and the northwest corner of Connecticut
Grantmaking
The foundation does not accept grant applications.
Average Grant
amount: Approximately $11,800–$12,400
How to Apply
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Geographic Focus
Where this funder awards grants
Primary funding areas include:
- New York metropolitan area
- Los Angeles
- Northwest corner of Connecticut
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending December 2024:
| Metric | Amount |
|---|---|
| Total Assets | $13,212,627 |
| Total Revenue | $2,578,533 |
| Investment Income & Dividends | $624,711 |
| Net Gain from Sale of Non-Inventory Assets | $1,953,822 |
| Total Expenses | $1,096,912 |
| Net Income | $1,481,621 |
| Total Liabilities | $117,000 |
Tax Status:
- EIN: 13-3202345
- Tax-exempt since May 1984
- IRS 501(c)(3) designation
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,212,627 | $11,718,443 | $11,939,696 |
| Revenue | $2,578,533 | $754,044 | $273,975 |
| Expenses | $1,096,912 | $1,004,324 | $1,070,718 |
| Qualifying Distributions | $1,013,595 | $902,835 | $970,424 |
| Net Investment Income | $2,509,333 | $667,179 | $171,481 |
| Distributable Amount | $806,848 | $808,070 | $846,472 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
200 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Elizabeth R Varet – Chairman/Director/Assistant Secretary
- Sarah R Varet – Vice President/Secretary
- Joseph R Varet – Vice President/Assistant Treasurer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELIZABETH R VARET | PRESIDENT/DIRECTOR | 1 | — |
| DAVID R VARET | SECRETARY/TREASURER/DIRECTOR | 0.25 | — |
| SARAH R VARET | DIRECTOR | 0.25 | — |
| JOSEPH R VARET | DIRECTOR | 0.25 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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