Varhegyi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BONITA SPRINGS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 4 grants totaling $85K. Net investment income was $13K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-7.4% YoY
Annual Giving
$85K
-5.6% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$21K
-5.6% YoY
Under IRS private-foundation payout rules, Varhegyi Foundation reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.
About Varhegyi Foundation
Based on IRS filings
Varhegyi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BONITA SPRINGS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 4 grants totaling $85K. Net investment income was $13K.
Focus Areas
Ready to take the next step with Varhegyi Foundation?
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 | $1,242,144 | $1,340,970 | $1,430,343 |
| Revenue | $13,937 | $26,772 | $27,893 |
| Expenses | $112,763 | $116,145 | $113,096 |
| Qualifying Distributions | $85,000 | $90,000 | $70,000 |
| Net Investment Income | $12,520 | $6,837 | — |
| Distributable Amount | $61,011 | $64,245 | $71,098 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hillsdale College ($30,000), Florida Gulf Coast University ($25,000), Michigan State University ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FLORIDA GULF COAST UNIVERSITY FORT MYERS, FL | EDUCATIONAL ENRICHMENT | $25,000 |
| HILLSDALE COLLEGE HILLSDALE, MI | EDUCATIONAL ENRICHMENT | $30,000 |
| MAYO CLINIC ROCHESTER, MN | MEDICAL RESEARCH | $5,000 |
| MICHIGAN STATE UNIVERSITY EAST LANSING, MI | EDUCATIONAL ENRICHMENT | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER VARHEGYI | DIRECTOR | — | — |
| GYONGYI VARHEGYI | DIRECTOR | 4 | — |
| ZOLTAN POLOSKEI | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Varhegyi Foundation?
Varhegyi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BONITA SPRINGS, FL. It holds $1.2M in total assets as of 2024.
How large is Varhegyi Foundation?
As of 2024, Varhegyi Foundation holds $1.2M in total assets with $14K in annual revenue. It awarded 4 grants totaling $85K in 2024.
Where does Varhegyi Foundation operate?
Varhegyi Foundation has awarded grants in Florida, Michigan, Minnesota, Utah.
What size grants does Varhegyi Foundation award?
In 2024, Varhegyi Foundation awarded 4 grants totaling $85K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is Varhegyi Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Varhegyi Foundation reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Varhegyi Foundation's EIN?
Varhegyi Foundation's EIN (Employer Identification Number) is 20-3979318. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Varhegyi Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Virgil P Warren Fdn Tr Ua
ORLANDO, FL
Assets
$4.2M
Grants
14
Total Given
$96K
Palm Valley Academy Parent-teacher
PONTE VEDRA, FL
Assets
$261K
Grants
1
Total Given
$78K
The Fritch Foundation
FT LAUDERDALE, FL
Assets
—
Grants
17
Total Given
$167K
Leiman Asterisk Foundation Inc
DELRAY BEACH, FL
Assets
$1.2M
Grants
2
Total Given
$62K
Rachel Memorial Foundation
SANTA RSA BCH, FL
Assets
—
Grants
6
Total Given
$10K
My Brother'ssister's Keeper Charitable
ROYAL PALM BEACH, FL
Assets
$462K
Grants
1
Total Given
$50K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Varhegyi Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Varhegyi Foundation to a real strategy.