The Varam Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 2 grants totaling $87K. Net investment income was $57K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+1.6% YoY
Annual Giving
$87K
+336.8% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$44K
+336.8% YoY
Under IRS private-foundation payout rules, The Varam Foundation Inc reported a distributable amount of $101K for 2024 — the minimum it must pay out in qualifying distributions.
About The Varam Foundation Inc
Based on IRS filings
The Varam Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 2 grants totaling $87K. Net investment income was $57K.
Focus Areas
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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 | $1,231,216 | $1,212,198 | $1,882,913 |
| Revenue | $158,904 | $270,002 | $1,882,913 |
| Expenses | $92,881 | $21,250 | — |
| Qualifying Distributions | $90,031 | $20,000 | — |
| Net Investment Income | $56,685 | $170,354 | — |
| Distributable Amount | $100,767 | $92,747 | $11,686 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Yale University ($50,000), The Avulas Giving Fund ($37,355).
| Recipient | Purpose | Amount |
|---|---|---|
| YALE UNIVERSITY NEW HAVEN, CT | GENERAL | $50,000 |
| THE AVULAS GIVING FUND CINCINNATI, OH | GENERAL | $37,355 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HARI AVULA | PRESIDENT | 5 | — |
| SHANTI BHUPATHI AVULA | TREASURER/SECRETARY | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Varam Foundation Inc?
The Varam Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $1.2M in total assets as of 2024.
How large is The Varam Foundation Inc?
As of 2024, The Varam Foundation Inc holds $1.2M in total assets with $159K in annual revenue. It awarded 2 grants totaling $87K in 2024.
Where does The Varam Foundation Inc operate?
The Varam Foundation Inc has awarded grants in Connecticut, New York, Ohio.
What size grants does The Varam Foundation Inc award?
In 2024, The Varam Foundation Inc awarded 2 grants totaling $87K — an average of about $44K per grant, based on its IRS Form 990 filings.
How much is The Varam Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Varam Foundation Inc reported a distributable amount of $101K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Varam Foundation Inc's EIN?
The Varam Foundation Inc's EIN (Employer Identification Number) is 92-1103647. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in The Varam Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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