The Varflex Educational Foundation II

Private foundation · Grantmaker Rome, NY EIN: 16-6552465

The Varflex Educational Foundation II is a private foundation based in Rome, New York. It awards scholarships for college or university attendance; its 2024 filing describes awards generally restricted to graduates of eight school districts in and adjacent to Rome, including high school seniors and college underclassmen and women.

Key facts about The Varflex Educational Foundation II

In short: The Varflex Educational Foundation II gave $20K across 17 grants in 2025 (avg $1K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
16-6552465
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$20,000
Grants made (2025)
17
Average grant
$1,176
Median grant
$1,250
Total assets
$585
Primary geography
New York (100% of itemized 2025 grant dollars)
How to apply
Application forms are available starting January 1 from high school guidance counselors, the executive director, or Varflex Corporation’s human resource department. Full details ↓
Deadline
Generally the next-to-last Friday in April.

Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$585

-96.8% YoY

Annual Giving

$20K

-61.4% YoY

Grant Count

17

-65.3% YoY

Avg Grant Size

$1K

+11.4% YoY

Under IRS private-foundation payout rules, The Varflex Educational Foundation II reported a distributable amount of $430 for 2025 — the minimum it must pay out in qualifying distributions.

How The Varflex Educational Foundation II gives

  • Giving fell 66% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s 2024 grants were scholarships to attend college or university. The filing does not state a mission.

Grantmaking

In 2024, the foundation made 49 grants totaling $51,750. Grants ranged from $500 to $2,000, with a median of $1,000. Its largest listed award was $2,000 to Ellyza A Minicozzi of Rome, New York. Other listed awards of $1,500 went to Kennedy Bowen, Troy M Campbell, Albert J Ciccone, Connor J Dean, Dalayna M Devoe, Liliana C McGrahey, Kyle A Peavey, Maria G Peavey, Alexis J Pedersen, Halie J Pedersen, and Adelina R Rivera. Each was designated as a scholarship to attend college or university.

Review Cycle

Generally the next-to-last Friday in April.

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Geographic Focus

Where this funder awards grants

In 2024, 97% of grant dollars went to recipients in New York and 3% to recipients in Ohio.

Grant Distribution by State

2states

Share of 2025 grant dollars across all 17 itemized grants.

States

Cities

RomeBoonvilleCamdenAvaTabergLee CenterBlossvaleVeronaMadisonOriskanyVernon CenterBouckvilleClevelandForestportMcConnellsvilleMilfordOneidaPulaskiSherrillUtica

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K46 grants2020 41 grants2021 53 grants2022 50 grants2023 49 grants2024 17 grants2025

From 2020 to 2025, annual grant giving ranged from $20K (2025) to $59K (2022). In 2025 it made 17 grants totaling $20K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

210 grants across all recorded years

210<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 210 grants of 210 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
17 individual scholarships Recipients not named —$20,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $18,388 $7,143 $52,115 $51,750 49
2023 $62,323 $4,931 $53,706 $52,750 50
2022 $116,720 $2,957 $59,923 $58,500 53
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$585$18,388$62,323
Revenue$851$7,143$4,931
Expenses$20,156$52,115$53,706
Qualifying Distributions$20,000$51,750$52,750
Net Investment Income$820$6,838$4,281
Distributable Amount$430$2,374$3,807

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS July 28, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Daniel J Burgdorf, Richard Gregga’ins, and Charles J Schoff as trustees.

The Varflex Educational Foundation II's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Daniel J. Burgdorf

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Richard Greggains

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Charles J. Schoff (2020–2024) — Trustee
  • Former: James E. Mackin (2020) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Dyann Nashton Executive Director
Mailing address: PO Box 511, Rome, NY 13442-0511
Phone: (315) 336-4400
Email: nashton@griffincf.org

Frequently asked questions about The Varflex Educational Foundation II

How much does The Varflex Educational Foundation II give each year?

The Varflex Educational Foundation II gave $20K across 17 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $52K across 49 grants.

What is The Varflex Educational Foundation II's typical grant size?

The Varflex Educational Foundation II's median grant in 2025 was $1,250, and its average grant was $1,176, across 17 grants on its 2025 IRS Form 990-PF.

Where does The Varflex Educational Foundation II give grants?

The Varflex Educational Foundation II gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does The Varflex Educational Foundation II give general operating support?

Not in 2025: none of the 17 grants with a stated purpose on The Varflex Educational Foundation II's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship to Attend College or University." (17 grants).

How large is The Varflex Educational Foundation II?

The Varflex Educational Foundation II reported $585 in total assets on its 2025 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $430 (roughly 5% of its investment assets).

What does The Varflex Educational Foundation II fund?

The foundation’s 2024 grants were scholarships to attend college or university. The filing does not state a mission. See mission & focus areas ↑

How do I apply for a grant from The Varflex Educational Foundation II?

Application forms are available starting January 1 from high school guidance counselors, the executive director, or Varflex Corporation’s human resource department. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Varflex Educational Foundation II's EIN?

The Varflex Educational Foundation II's EIN (Employer Identification Number) is 16-6552465. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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