Varney Family Foundation
Varney Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Naperville, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $23K in total assets. In 2025, it awarded 5 grants totaling $2K. Net investment income was $741.
Key facts about Varney Family Foundation
In short: Varney Family Foundation gave $2K across 5 grants in 2025 (avg $320), top state Kansas. Source: 2025 IRS Form 990-PF.
- EIN
- 48-1159508
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $1,600
- Grants made (2025)
- 5
- Average grant
- $320
- Median grant
- $250
- Total assets
- $22,973
- Primary geography
- Kansas (47% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$23K
+57.8% YoY
Annual Giving
$2K
+14.3% YoY
Grant Count
5
-28.6% YoY
Avg Grant Size
$320
+60.0% YoY
Under IRS private-foundation payout rules, Varney Family Foundation reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.
How Varney Family Foundation gives
- Giving grew 39% from 2022 to 2025. Method
- In 2025 it paid out 48% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2025 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 5 recipients in 2025
Grant Size Distribution
41 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Kansas State University Foundation Manhattan, KS | University | $500 |
| University of Illinois Foundation Champaign, IL | University | $500 |
| Loaves and Fishes Naperville, IL | Food Assistance & Nutrition | $250 |
| First Presbyterian Church Manhattan, KS | To benefit religious and charitable works | $250 |
| Smile Train New York, NY | Medical Health Services 3rd World | $100 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $22,973 | $14,557 | $15,582 |
| Revenue | $10,334 | $703 | $5,321 |
| Expenses | $1,749 | $1,663 | $1,856 |
| Qualifying Distributions | $1,600 | $1,400 | $1,650 |
| Net Investment Income | $741 | $655 | $3,305 |
| Distributable Amount | $3,357 | $2,869 | $2,194 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 4, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 3, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 4, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 3, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
Leadership & Key People
Officers and directors from IRS filings
Varney Family Foundation is led by Douglas W. Varney, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Douglas W. Varney
President
On filings since 2020
0.5 hrs/week
No compensation reported
Daryl F. Varney
Secretary-Treasurer
Secretarytreasurer → Secretary-Treasurer, 2024
On filings since 2020
0.1 hrs/week
No compensation reported
Jeanine L. Varney
Bod Member
On filings since 2024
0.1 hrs/week
No compensation reported
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.
Frequently asked questions about Varney Family Foundation
How much does Varney Family Foundation give each year?
Varney Family Foundation gave $2K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1K across 7 grants.
What is Varney Family Foundation's typical grant size?
Varney Family Foundation's median grant in 2025 was $250, and its average grant was $320, across 5 grants on its 2025 IRS Form 990-PF.
Where does Varney Family Foundation give grants?
Varney Family Foundation's top state is Kansas, with 47% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Illinois (47%) and New York (6%). The most frequent recipient cities were Manhattan, KS (2 grants).
Does Varney Family Foundation give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on Varney Family Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Varney Family Foundation's largest grantees?
Varney Family Foundation's largest 2025 grantees include Kansas State University Foundation ($500), University of Illinois Foundation ($500) and Loaves and Fishes ($250), according to its 2025 IRS Form 990-PF. Together they received 78% of its itemized 2025 grant dollars.
How large is Varney Family Foundation?
Varney Family Foundation reported $23K in total assets on its 2025 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).
What is Varney Family Foundation?
Varney Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Naperville, IL. It holds $23K in total assets as of 2025.
What is Varney Family Foundation's EIN?
Varney Family Foundation's EIN (Employer Identification Number) is 48-1159508. 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.
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