Vara Educational Foundation Inc
Vara Educational Foundation Inc is a private foundation, based in WOODSTOCK, VT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $615K in total assets. In 2024, it awarded 27 grants totaling $45K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$615K
+15.5% YoY
Annual Giving
$45K
+51.3% YoY
Grant Count
27
-12.9% YoY
Avg Grant Size
$2K
+73.7% YoY
Under IRS private-foundation payout rules, Vara Educational Foundation Inc reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.
About Vara Educational Foundation Inc
Based on IRS filings
Vara Educational Foundation Inc is a private foundation, based in WOODSTOCK, VT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $615K in total assets. In 2024, it awarded 27 grants totaling $45K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $614,858 | $532,401 | $194,548 |
| Revenue | $248,203 | $78,903 | $40,296 |
| Expenses | $197,984 | $32,570 | $27,196 |
| Qualifying Distributions | $45,000 | $29,750 | $24,050 |
| Net Investment Income | — | $44,583 | $6,900 |
| Distributable Amount | $28,441 | $11,721 | $12,580 |
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
95 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Burke Mountain Academy ($7,225), Green Mountain Valley School ($5,900), Killington Mountain School ($4,050).
| Recipient | Purpose | Amount |
|---|---|---|
| CANON PARSONS WAITSFIELD, VT | TRAVEL | $700 |
| KATIE ROWEKAMP EAST BURKE, VT | TRAVEL | $900 |
| LEVERET DRANSFIELD HUNTINGTON, VT | FINANCIAL ASSISTANCE AND TRAVEL | $1,000 |
| RHIANNON LUBASZEWSKI KILLINGTON, VT | FINANCIAL ASSISTANCE | $700 |
| AVA BACHTA LATHAM, NY | FINANCIAL ASSISTANCE | $725 |
| LYLA CURTIS GREENWICH, NY | FINANCIAL ASSISTANCE | $725 |
| BURKE MOUNTAIN ACADEMY EAST BURKE, VT | FINANCIAL ASSISTANCE | $7,225 |
| COCHRANS SKI CLUB RICHMOND, VT | FINANCIAL ASSISTANCE | $3,550 |
| GREEN MOUNTAIN VALLEY SCHOOL WAITSFIELD, VT | FINANCIAL ASSISTANCE | $5,900 |
| KILLINGTON MOUNTAIN SCHOOL KILLINGTON, VT | FINANCIAL ASSISTANCE | $4,050 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TAYLOR MIKELL | PRESIDENT | — | — |
| RYAN SHEREDY | SECRETARY | — | — |
| MARIEL MERINGOLO | TREASURER | — | — |
| ANDREW MCNEALUS | VICE PRESIDENT | — | — |
| MARTY BAK | BOARD MEMBER | — | — |
| JERE BROPHY | BOARD MEMBER | — | — |
| ABBY COPELAND | BOARD MEMBER | — | — |
| PETER CORNISH | BOARD MEMBER | — | — |
| LORI MCCLALLEN | BOARD MEMBER | — | — |
| MATT MCKENNA | BOARD MEMBER | — | — |
| TOM PARKS | BOARD MEMBER | — | — |
| PETER STOKLOZA | BOARD MEMBER | — | — |
| LORI FURRER | BOARD MEMBER | — | — |
| DIANN ROFFE | BOARD MEMBER | — | — |
| DEREK MCCLALLEN | BOARD MEMBER | — | — |
| CLAIRE KERSHKO | BOARD MEMBER | — | — |
| TRACY KELLER | BOARD MEMBER | — | — |
Frequently Asked Questions
How large is Vara Educational Foundation Inc?
As of 2024, Vara Educational Foundation Inc holds $615K in total assets with $248K in annual revenue. It awarded 27 grants totaling $45K in 2024.
Where does Vara Educational Foundation Inc operate?
Vara Educational Foundation Inc has awarded grants in Connecticut, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Utah, Vermont.
What size grants does Vara Educational Foundation Inc award?
In 2024, Vara Educational Foundation Inc awarded 27 grants totaling $45K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Vara Educational Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Vara Educational Foundation Inc reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Vara Educational Foundation Inc's EIN?
Vara Educational Foundation Inc's EIN (Employer Identification Number) is 23-7336991. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Vara Educational 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.