The Varam Foundation Inc
The Varam Foundation Inc is a private foundation, based in Dallas, TX. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 6 grants totaling $103K. Net investment income was $57K.
The Varam Foundation Inc at a glance
In short: The Varam Foundation Inc gave $103K across 6 grants in 2025 (avg $17K), top state Connecticut. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $102,610
- +17.5% vs 2024
- Grants made (2025)
- 6
- +200.0% vs 2024
- Average grant
- $17,102
- -60.8% vs 2024
- Median grant
- $10,050
- Total assets
- $1,179,410
- -4.2% vs 2024
- Primary geography
- Connecticut (49% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Varam Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Yale University ($50K). Together the top 6 received $103K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 8 grants of 10 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How The Varam Foundation Inc gives
- In 2025 it paid out 101% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $20K (2023) to $103K (2025). In 2025 it made 6 grants totaling $103K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Yale University New Haven, CT | General | $50,000 |
| The Avulas Giving Fund Cincinnati, OH | General | $30,000 |
| Texas Health Resources Foundation Arlington, TX | General | $10,100 |
| American Friends of Helpage India Washington, DC | General | $10,000 |
| Melville Family Foundation Dallas, TX | General | $1,510 |
| Ashoka Foundation Arlington, VA | General | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,179,410 | $59,952 | $111,758 | $102,610 | 6 | $108,108 | $57,102 | $106,760 |
| 2024 | $1,231,216 | $158,904 | $92,881 | $87,355 | 2 | $90,031 | $56,685 | $100,767 |
| 2023 | $1,212,198 | $270,002 | $21,250 | $20,000 | 2 | $20,000 | $170,354 | $92,747 |
| 2022 | $1,882,913 | $1,882,913 | — | — | — | — | — | $11,686 |
Under IRS private-foundation payout rules, The Varam Foundation Inc reported a distributable amount of $107K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Varam Foundation Inc is led by Hari Avula, President on every filing since 2022; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Hari Avula
President
On filings since 2022
5 hrs/week
No compensation reported
Shanti Bhupathi Avula
Treasurer & Secretary
On filings since 2022
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Varam Foundation Inc
How much does The Varam Foundation Inc give each year?
The Varam Foundation Inc gave $103K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $87K across 2 grants.
What is The Varam Foundation Inc's typical grant size?
The Varam Foundation Inc's median grant in 2025 was $10,050, and its average grant was $17,102, across 6 grants on its 2025 IRS Form 990-PF.
Where does The Varam Foundation Inc give grants?
The Varam Foundation Inc's top state is Connecticut, with 49% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Ohio (29%) and Texas (11%).
Does The Varam Foundation Inc give general operating support?
Yes: 100% of The Varam Foundation Inc's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Varam Foundation Inc's largest grantees?
The Varam Foundation Inc's largest 2025 grantees include Yale University ($50,000), The Avulas Giving Fund ($30,000) and Texas Health Resources Foundation ($10,100), according to its 2025 IRS Form 990-PF. Together they received 88% of its itemized 2025 grant dollars.
How large is The Varam Foundation Inc?
The Varam Foundation Inc reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $108K in qualifying distributions that year, against a required minimum of $107K (roughly 5% of its investment assets).
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 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2022–2024
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