Varia Family Foundation Inc
Varia Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Martin, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $288K in total assets. In 2024, it awarded 21 grants totaling $66K. Net investment income was $58K.
Key facts about Varia Family Foundation Inc
In short: Varia Family Foundation Inc gave $66K across 21 grants in 2024 (avg $3K), mostly in Florida. 50% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 61-1348860
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $65,553
- Grants made (2024)
- 21
- Average grant
- $3,122
- Median grant
- $500
- New grantees (estimate)
- 50% first-time grantees (10 of 20, 2024)
- Total assets
- $288,403
- Primary geography
- Florida (69% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$288K
-1.1% YoY
Annual Giving
$66K
+39.7% YoY
Grant Count
21
+90.9% YoY
Avg Grant Size
$3K
-26.8% YoY
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.
Is Varia Family Foundation Inc open to new grantees?
50%
first-time grantees, 2024
In 2024, 10 of 20 grantees (50%) were first-time recipients. First grants averaged $330; repeat grants $6K. How we count
Medians: $326 first-time, $500 repeat.
- 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 (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Ready to take the next step with Varia Family Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 21 itemized 2024 grant dollars.
Cities
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
85 grants across all recorded years
Giving History
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 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $288,403 | $291,477 | $300,020 |
| Revenue | $63,931 | $59,803 | $25,569 |
| Expenses | $67,005 | $48,346 | $64,555 |
| Qualifying Distributions | $65,553 | $46,910 | $60,550 |
| Net Investment Income | $57,926 | $29,799 | $19,569 |
| Distributable Amount | $35,819 | $31,745 | $33,191 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
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. Organizations receiving their first grant from Varia Family Foundation Inc that year got $330 on average.
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 is Varia Family Foundation Inc?
Varia Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Martin, KY. It holds $288K in total assets as of 2024.
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 September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Varia Family Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in Varia Family Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Community Foundation of
Louisville, KY
The Community Foundation of Louisville supports nonprofits and community organizations across a range of fields, with a primary focus on Louisville and work extending beyond the city. In 2025, its grants ranged from $5,012 to $3.85 million, with a median of about $23,000; grant amounts vary by program. It says its grant programs use an open application and review process, though requirements vary by opportunity.
Assets
$766.9M
Grants
678
Total Given
$55.0M
Blue Grass Community Foundation Inc
Lexington, KY
It funds nonprofits and community needs through competitive grants and donor-established funds, supporting areas such as housing, youth well-being, and services for vulnerable people. Its 2025 grants ranged from $5,025 to $520,164, with a median of $16,661; its focus is Central and Appalachia Kentucky. Applicants must use the online portal for specific opportunities; whether it accepts unsolicited requests is not stated.
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
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 John B. & Brownie Young Memorial Fund provides college and vocational-school scholarships for eligible high school seniors in the Owensboro, Daviess County, and McLean County, Kentucky, school districts. In 2024, it awarded 398 scholarships ranging from $250 to $35,599, with a median award of $500. Applications go through eligible students’ schools and Independence Bank; the materials do not state whether unsolicited requests are accepted.
Assets
$13.5M
Grants
392
Total Given
$894K
Honorable Order of Kentucky Colonels Inc
Louisville, KY
The Honorable Order of Kentucky Colonels funds Kentucky nonprofits serving Kentuckians in areas including education, health, arts, community support, and youth services, generally for tangible items or projects. Its 2024 grants ranged from $370 to $500,000, with a median award of $5,999; it offers an annual grant cycle and year-round emergency grants. Applicants start with a letter of intent, so requests are accepted through its stated application process.
Assets
$23.5M
Grants
358
Total Given
$4.5M
Adam R Scripps Foundation
Ft Mitchell, KY
The foundation supports science and biomedical research, education and scholarships, housing, health, and community services, with grants primarily benefiting organizations in Texas and California, as well as other states. In 2024, grants ranged from $1,000 to $2 million, with a median of $50,000; whether it accepts unsolicited requests is not stated.
Assets
$754.6M
Grants
281
Total Given
$35.5M
The Scripps Family Fund for Education
Ft Mitchell, KY
The Scripps Family Fund for Education and the Arts supports educational, enrichment, and arts-related opportunities—especially for economically disadvantaged people, from infants through young adults—and funds new initiatives, program expansion, and capacity building. Its 2025 grants ranged from $138 to $200,000, with a median of $10,000; it primarily funded organizations in Connecticut, with grants also reaching New York and other states. Funding is invitation-only, and the fund does not accept unsolicited requests.
Assets
$28.0M
Grants
256
Total Given
$3.4M
The Whas Crusade for Children Inc
Louisville, KY
The WHAS Crusade for Children funds direct services, specific programs, and equipment for children up to age 18 with health care, educational, or emotional wellness needs, through eligible nonprofits, schools, and hospitals in Kentucky and southern Indiana. Its 2024 grants ranged from $5,180 to $414,000, with a median of $17,500. New applicants may send a brief organization and project description to request an invitation; applications are invitation-only.
Assets
$59.5M
Grants
201
Total Given
$5.8M
Miramar Charitable Foundation
Ft Mitchell, KY
Miramar Charitable Foundation funds preselected charitable organizations across areas including arts, survivor support, education, science, and journalism, with grants to recipients in multiple states; in 2024, the largest shares went to Colorado, North Carolina, California, New York, and Florida. Its 2024 grants ranged from $250 to $1 million, with a median of $2,000. It does not accept unsolicited requests.
Assets
—
Grants
188
Total Given
$4.5M
Ray & Kay Eckstein Charitable Trust
Paducah, KY
The trust supports Catholic and other faith-based causes, human needs, education, families, and vibrant communities, with grants made across multiple states, especially Kentucky, Wisconsin, Florida, Louisiana, and Maryland. In 2024, its median grant was $50,000, with awards ranging from $200 to about $2.5 million. It accepts requests through an online process that begins with a pre-qualification request; it invites requests for 2026 funding.
Assets
—
Grants
183
Total Given
$22.8M
The Fischer Family Foundation 2008
Fort Mitchell, KY
The foundation funds organizations working in education, housing and homelessness, family support, employment, and financial stability, with most giving in Kentucky and Ohio and some support elsewhere. Its 2024 grants ranged from $150 to $2.3 million, with a median of $50,000. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
—
Grants
166
Total Given
$13.9M
More Funders in Kentucky
Varia Family Foundation Inc down — hundreds of funders to go?