Varia Family Foundation Inc
Varia Family Foundation Inc is a private foundation based in Martin, Kentucky. Its 2024 filing says it provides financial assistance to students who were delivered by Dr. Chandra Varia.
Varia Family Foundation Inc at a glance
In short: Varia Family Foundation Inc gave $66K across 21 grants in 2024 (avg $3K), mostly in Florida. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $65,553
- +39.7% vs 2023
- Grants made (2024)
- 21
- +90.9% vs 2023
- Average grant
- $3,122
- -26.8% vs 2023
- Median grant
- $500
- Total assets
- $288,403
- -1.1% vs 2023
- Primary geography
- Florida (69% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Varia Family Foundation Inc
- How to Apply
-
Contact VARIA FAMILY FOUNDATION to obtain an application. The filing states that scholarship recipients must have been delivered by Dr. Chandra.
- Review Cycle
- April 30. This deadline is listed on the 2024 filing and is a past cycle.
- Deadline
- April 30.
- Contact
Application contact: Varia Family Foundation
Mailing address: 10 High Street PO Box 926, Martin, KY 41649
Phone: (606) 285-9575
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Varia Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Jaina ($45K). Together the top 10 received $63K.
Grant Size Distribution
85 grants across all recorded years
The most common grant size was under $50K: 83 grants of 85 (98%).
Geographic Focus
Where this funder awards grants
The 2024 grant dollars went primarily to recipients in Florida (69%) and Kentucky (26%); recipients in Illinois received 3%, and those in West Virginia received 2%.
Grant Distribution by State
Share of 2024 grant dollars across all 21 itemized grants.
Cities
How Varia Family Foundation Inc gives
- 40% of 2024 grantees were also funded in 2023. Method
- Giving grew 751% from 2021 to 2024. Method
- In 2024 it paid out 183% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $8K (2021) to $180K (2020). In 2024 it made 21 grants totaling $66K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jaina South Daytona, FL | Religious Donation | $45,000 |
| Floyd Central High School Eastern, KY | Football Uniforms | $8,000 |
| Floyd Central High School Eastern, KY | Sign for Athletic Complex | $5,000 |
| Kaylee Hall Langley, KY | Textbooks | $751 |
| Lyndsee Hall Langley, KY | Textbooks | $751 |
| Dolly Hunter Prestonsburg, KY | Medical | $500 |
| Ashwin Shah Pingree Grove, IL | Medical | $500 |
| Rachel Gayheart Drift, KY | Education | $500 |
| Ami Shah Pingree Grove, IL | Medical | $500 |
| Asha Gosalia Palatine, IL | Medical | $500 |
Ready to take the next step with Varia Family Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $288,403 | $63,931 | $67,005 | $65,553 | 21 | $65,553 | $57,926 | $35,819 |
| 2023 | $291,477 | $59,803 | $48,346 | $46,910 | 11 | $46,910 | $29,799 | $31,745 |
| 2022 | $300,020 | $25,569 | $64,555 | $60,550 | 23 | $60,550 | $19,569 | $33,191 |
| 2021 | $339,006 | $44,038 | $19,497 | $7,700 | 15 | $7,700 | $29,038 | $33,352 |
| 2020 | $329,465 | $11,586 | $181,399 | $179,702 | 15 | — | $11,591 | $31,048 |
Under IRS private-foundation payout rules, Varia Family Foundation Inc reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated purpose is to provide financial assistance to students delivered by Dr. Chandra Varia. Its filing says scholarship recipients must have been delivered by Dr. Chandra.
Grantmaking
In 2024, the foundation made 21 grants totaling $65,553. Grant amounts ranged from $50 to $45,000, with a median of $500.
Among the largest listed grants were $45,000 to JAINA in South Daytona, Florida, for a religious donation; $8,000 and $5,000 to Floyd Central High School in Eastern, Kentucky, for football uniforms and a sign for its athletic complex; and $751 each to two individual recipients in Langley, Kentucky, for textbooks.
The filing says the foundation does not restrict giving to preselected organizations. Applications are provided.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Chandra Varia as president, Anand N Doshi as treasurer, and Satya J Mehta as secretary.
Varia Family Foundation Inc is led by Chandra Varia, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Chandra Varia
President
On filings since 2020
No compensation reported
Anand N. Doshi
Treasurer
On filings since 2020
No compensation reported
Satya J. Mehta
Secretary
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Varia Family Foundation Inc
How much does Varia Family Foundation Inc give each year?
Varia Family Foundation Inc gave $66K across 21 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $47K across 11 grants.
What is Varia Family Foundation Inc's typical grant size?
Varia Family Foundation Inc's median grant in 2024 was $500, and its average grant was $3,122, across 21 grants on its 2024 IRS Form 990-PF.
Where does Varia Family Foundation Inc give grants?
Varia Family Foundation Inc gives mostly in Florida: 69% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Kentucky (26%). The most frequent recipient cities were Eastern, KY (3 grants), Langley, KY (3 grants), Palatine, IL (3 grants) and Pingree Grove, IL (2 grants).
Does Varia Family Foundation Inc give general operating support?
Not in 2024: none of the 21 grants with a stated purpose on Varia Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Medical" (12 grants) and "Education" (4 grants).
Who are Varia Family Foundation Inc's largest grantees?
Varia Family Foundation Inc's largest 2024 grantees include Jaina ($45,000), Floyd Central High School ($13,000 across 2 grants) and Kaylee Hall ($751), according to its 2024 IRS Form 990-PF. Together they received 90% of its itemized 2024 grant dollars.
How large is Varia Family Foundation Inc?
Varia Family Foundation Inc reported $288K in total assets on its 2024 IRS Form 990-PF. It paid out $66K in qualifying distributions that year, against a required minimum of $36K (roughly 5% of its investment assets).
What does Varia Family Foundation Inc fund?
The foundation’s stated purpose is to provide financial assistance to students delivered by Dr. Chandra Varia. Its filing says scholarship recipients must have been delivered by Dr. Chandra. See mission & focus areas ↑
How do I apply for a grant from Varia Family Foundation Inc?
Contact VARIA FAMILY FOUNDATION to obtain an application. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Varia Family Foundation Inc's EIN?
Varia Family Foundation Inc's EIN (Employer Identification Number) is 61-1348860. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Varia Family Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Varia Family Foundation Inc's focus areas in our free grants database
Similar Funders
Similar funders in Kentucky
The Community Foundation of Louisville Inc
Louisville, KY
The Community Foundation of Louisville funds nonprofits across areas including education, arts and culture, health, and community development, with a focus on Louisville and surrounding communities while also supporting work beyond the region. Its 2025 grants ranged from $5,012 to $3,853,691, with a median of $22,987; it states that grant programs for local nonprofits use an open application and review process.
Assets
$766.9M
Grants
678
Total Given
$55.0M
Blue Grass Community Foundation Inc
Lexington, KY
Blue Grass Community Foundation funds charitable causes and community needs, including education, housing, basic assistance, and youth wellbeing, primarily in Central and Appalachia Kentucky. Its 2025 grants ranged from about $5,000 to $520,000, with a median of about $16,700; the foundation’s website describes competitive grant opportunities but does not state whether it accepts unsolicited requests.
Assets
$296.2M
Grants
514
Total Given
$20.7M
LG&E and Ku Foundation Inc
Louisville, KY
The foundation funds community organizations in economic development, education, the environment, and diversity, as well as event sponsorships and tree-planting grants, primarily in communities served by LG&E and KU. Its 2025 grants ranged from $100 to $749,000, with a median of $2,500; 96% of grant dollars went to Kentucky. It accepts community grant applications through its online portal in March and October.
Assets
$22.0M
Grants
497
Total Given
$4.3M
The Community Foundation of Louisville Depository Inc
Louisville, KY
The Community Foundation of Louisville supports a broad range of causes, including arts, parks, education, social services, and libraries, with most 2025 grant dollars going to Kentucky organizations. Its 2025 grants had a median of $15,200 and ranged from $5,100 to over $2.3 million; the available information does not say whether it accepts unsolicited requests.
Assets
$24.0M
Grants
421
Total Given
$20.5M
John B & Brownie Young Memorial Fund
Owensboro, KY
The fund provides scholarships to eligible high school seniors from four Owensboro-area Kentucky school districts for full-time college or vocational/technical study, primarily supporting the first year. Awards are at least $500, with a $500 median grant in 2025; larger awards depend on students’ financial need. Students are notified and receive application information through their school counselor and Independence Bank; the fund does not state whether it accepts unsolicited requests.
Assets
$13.5M
Grants
392
Total Given
$894K
Honorable Order of Kentucky Colonels Inc
Louisville, KY
The Honorable Order of Kentucky Colonels funds Kentucky 501(c)(3) organizations serving Kentuckians, supporting projects in areas such as education, health, community services, arts, and disaster relief. Its 2024 grants ranged from $370 to $500,000, with a median of about $6,000; Good Works applications require a letter of intent, and the profile does not state whether unsolicited requests are accepted.
Assets
$23.5M
Grants
358
Total Given
$4.5M
More similar funders
More Funders in Kentucky
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Varia Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Varia Family Foundation Inc down — hundreds of funders to go?