Varshney Charitable Foundation Inc
Varshney Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARRIZO SPRINGS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $530K in total assets. In 2024, it awarded 24 grants totaling $39K. Net investment income was $62K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$530K
+4.3% YoY
Annual Giving
$39K
+120.9% YoY
Grant Count
24
+20.0% YoY
Avg Grant Size
$2K
+84.1% YoY
Under IRS private-foundation payout rules, Varshney Charitable Foundation Inc reported a distributable amount of $112K for 2024 — the minimum it must pay out in qualifying distributions.
About Varshney Charitable Foundation Inc
Based on IRS filings
Varshney Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARRIZO SPRINGS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $530K in total assets. In 2024, it awarded 24 grants totaling $39K. Net investment income was $62K.
Focus Areas
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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 | $529,656 | $507,780 | $476,500 |
| Revenue | $62,352 | $50,611 | $67,358 |
| Expenses | $40,476 | $19,331 | $41,082 |
| Qualifying Distributions | $39,353 | $68,025 | $39,723 |
| Net Investment Income | $61,927 | $50,236 | $66,946 |
| Distributable Amount | $111,562 | $49,704 | $50,849 |
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
89 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Texas Medical Association Special Funds Foundation ($10,000), Sewa International Inc ($10,000), Juanita Rodriguez ($1,375).
| Recipient | Purpose | Amount |
|---|---|---|
| TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION AUSTIN, TX | SUPPORT PUBLIC HEALTH PROGRAMS | $10,000 |
| CARRIZO SPRINGS CHARITIES INC CARRIZO SPRINGS, TX | GENERAL OPERATIONS | $500 |
| SEWA INTERNATIONAL INC HOUSTON, TX | GENERAL OPERATIONS | $10,000 |
| COMPASSION CHURCH SAN ANTONIO, TX | GENERAL OPERATIONS | $500 |
| CRYSTAL CITY INDEPENDENT SCHOOL DISTRICT CRYSTAL CITY, TX | BACK TO SCHOOL BASH | $501 |
| DIMMITT COUNTY CHAMBER OF COMMERCE CARRIZO SPRINGS, TX | DONATION FOR ST JUDES | $500 |
| LAS SENDAS RURAL HEALTH CENTERS CRYSTAL CITY, TX | BREAST CANCER DRIVE | $500 |
| CYNTHIA RIVERA CRYTAL CITY, TX | MEDICAL EXPENSES | $1,000 |
| JOE LUNA CIBOLO, TX | MEDICAL EXPENSES | $1,000 |
| MARTHA CASTANEDA CRYSTAL CITY, TX | MEDICAL EXPENSES | $1,100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR DEVENDRA K VARSHNEY | PRESIDENT | 2 | — |
| DR MAYA VARSHNEY | V ICE PRESIDENT | 1 | — |
| DR POOJA VARSHNEY | SECRETARY | 1 | — |
| DR DEEPA VARSHNEY | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Varshney Charitable Foundation Inc?
Varshney Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARRIZO SPRINGS, TX. It holds $530K in total assets as of 2024.
How large is Varshney Charitable Foundation Inc?
As of 2024, Varshney Charitable Foundation Inc holds $530K in total assets with $62K in annual revenue. It awarded 24 grants totaling $39K in 2024.
Where does Varshney Charitable Foundation Inc operate?
Varshney Charitable Foundation Inc has awarded grants in District of Columbia, Iowa, Missouri, New York, Texas.
What size grants does Varshney Charitable Foundation Inc award?
In 2024, Varshney Charitable Foundation Inc awarded 24 grants totaling $39K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Varshney Charitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Varshney Charitable Foundation Inc reported a distributable amount of $112K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Varshney Charitable Foundation Inc's EIN?
Varshney Charitable Foundation Inc's EIN (Employer Identification Number) is 83-1578581. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Varshney Charitable 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.
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