VARANASI FAMILY FOUNDATION

Reduce your risk when donating: see where the money actually goes.

Reduce your risk when donating: see where the money actually goes.

Cite this

Plain text VARANASI FAMILY FOUNDATION. furp.org, nonprofit organization profile, tax years 2021–2024. https://furp.org/org/varanasi-family-foundation-851620462. Retrieved 2026-11-09.

APA furp.org. (n.d.). VARANASI FAMILY FOUNDATION [Nonprofit organization profile; tax years 2021–2024]. Retrieved November 9, 2026, from https://furp.org/org/varanasi-family-foundation-851620462

MLA “VARANASI FAMILY FOUNDATION.” furp.org, tax years 2021–2024, https://furp.org/org/varanasi-family-foundation-851620462. Accessed 9 Nov. 2026.

Retrieved 2026-11-09; covers tax years 2021–2024. Data: furp.org (index © the FURP Alliance; the records are public domain).

2024 · Form 990PF · revenue $426K · expenses $33K · assets $1.5M

EIN
85-1620462
Address
FOUNDATION SOURCE 501 SILVERSIDE RD, WILMINGTON, DE 19809-0000
NTEE code
T22 Private Independent Foundations (Philanthropy, Voluntarism and Grantmaking Foundations) published (IRS Business Master File)
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
May 2021 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (private foundation) Pub 78 ↗
Foundation status
Private non-operating foundation
Cross-check
ProPublica Nonprofit Explorer

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

None of the 2 people listed on these returns reported compensation from the organization. They are listed below.

Officers and directors, no compensation reported

2 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Sai Varanasi Co- Pres, Dir, Treas2021-2024 1 $0 reported 1
Theresa Varanasi Co- Pres, Dir, Sec2021-2024 1 $0 reported 1

People by year

2024 · 2 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Sai Varanasi Co- Pres, Dir, Treas1 $0-$0 $01
Theresa Varanasi Co- Pres, Dir, Sec1 $0-$0 $01
2023 · 2 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Sai Varanasi Co- Pres, Dir, Treas1 $0-$0 $01
Theresa Varanasi Co- Pres, Dir, Sec1 $0-$0 $01
2022 · 2 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Sai Varanasi Co- Pres, Dir, Treas1 $0-$0 $01
Theresa Varanasi Co- Pres, Dir, Sec1 $0-$0 $01
2021 · 2 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
Sai Varanasi Co- Pres, Dir, Treas1 $0-$0 $01
Theresa Varanasi Co- Pres, Dir, Sec1 $0-$0 $01

Highest-paid independent contractors

No independent contractors reported.

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2024 · 2 grants to organizations · $12K
2023 · 1 grant to organizations · $2K
2022 · 1 grant to organizations · $10K

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

Contributors listed on Schedule B of the Form 990-PF: name, city and state as filed (street addresses are not shown), with total and noncash contributions for the year. A link to an organization's page is tagged Fuzzy with its name-similarity score (0 to 1) when it rests on name and state; Schedule B lists no EIN, so no link here is an exact identifier match.

2024 · 1 contributor · $158K
#ContributorTypeCity, stateTotalNoncashSource
1 Varanasi Sai Person Boulder, CO $158,292$157,293 Form 990PF Sch. B, 2024 · filing
2023 · 1 contributor · $430K
#ContributorTypeCity, stateTotalNoncashSource
1 Varanasi Sai Person Boulder, CO $429,561$429,561 Form 990PF Sch. B, 2023 · filing
2022 · 1 contributor · $126K
#ContributorTypeCity, stateTotalNoncashSource
1 Varanasi Sai Person Boulder, CO $126,263$126,263 Form 990PF Sch. B, 2022 · filing
2021 · 1 contributor · $298K
#ContributorTypeCity, stateTotalNoncashSource
1 Varanasi Sai Person Boulder, CO $297,995$297,995 Form 990PF Sch. B, 2021 · filing

Contributors listed here are as reported on the filing. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990PF period ending 2024-12-31 · view filing · original 990 ↗
$425,611$32,860 $1,483,591$1,483,591 $158,292- $0--
2023 · Form 990PF period ending 2023-12-31 · view filing · original 990 ↗
$417,048$15,632 $1,090,840$1,090,840 $429,561- $0--
2022 · Form 990PF period ending 2022-12-31 · view filing · original 990 ↗
$135,881$22,794 $689,424$689,424 $126,263- $0--
2021 · Form 990PF period ending 2021-12-31 · view filing · original 990 ↗
$334,825$10,155 $576,337$576,337 $297,995- $0--

Funders of this organization

Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).

Nearby + Similar BETA

Organizations like this one: what they do and who they are linked to

Same category: NTEE code and revenue

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. NTEE: the IRS’s code when it lists one, otherwise FURP’s inferred code. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
WEIR FAMILY FOUNDATIONDET22 $400,171$0 Pres, Dir, Sec, Treas$0 Same NTEE code T22, revenue within 2x, same state, similar name
HEASTY FAMILY FOUNDATIONDET22 $427,963$48,122 Dir, Sec, Treas$0 Same NTEE code T22, revenue within 2x, same state, similar name
SPRUNK FAMILY FOUNDATIONDET22 $455,346$444,060 Dir, Sec, Treas$0 Same NTEE code T22, revenue within 2x, same state, similar name
MARKHAM FAMILY FOUNDATIONDET22 $405,376$423,859 Dir, Treas, VP$0 Same NTEE code T22, revenue within 2x, same state, similar name
The Egan Family FoundationDET22 $449,195$16,899 Dir, Pres, Sec, Treas$0 Same NTEE code T22, revenue within 2x, same state, similar name
THE CORLISS FAMILY FOUNDATIONDET22 $418,066$82,052 Dir, Pres$0 Same NTEE code T22, revenue within 2x, same state, similar name
THE BARBARA FRANCES FAMILY FOUNDATION INCDET22 $399,527$232,424 Dir, Sec$0 Same NTEE code T22, revenue within 2x, same state, similar name
JOCKERS FAMILY FOUNDATION EA0182876DET22 $412,661$498,633 TRUSTEE$96,418 Same NTEE code T22, revenue within 2x, same state
JOSEPH & RUTH SCODARI FAMILY FOUNDATIONDET22 $407,869$219,347 Co-Pres, Dir, Sec$0 Same NTEE code T22, revenue within 2x, same state
THE CLARK & SHANNON BUERK FAMILY FOUNDATIONDET22 $407,952$316,407 Dir, Pres$34,000 Same NTEE code T22, revenue within 2x, same state
JONATHAN AND RAE CORR FAMILY FOUNDATIONDET22 $447,444$562,565 Co- Pres, Dir, Treas$0 Same NTEE code T22, revenue within 2x, same state
THE ROBERT SELDOMRIDGE FAMILY FOUNDATIONDET22 $401,714$21,971 Dir, Pres, Sec, Treas$0 Same NTEE code T22, revenue within 2x, same state
PRIMED FOUNDATIONDET22 $431,655$398,652 Sec$253 Same NTEE code T22, revenue within 2x, same state
DANIEL HAIMING & CAI LI CHANG FAMILY FOUNDATIONDET22 $430,294$2,307,814 Dir, Sec, Treas$0 Same NTEE code T22, revenue within 2x, same state
THE ROYSO FOUNDATIONDET22 $408,159$404,521 DIRECTOR$0 Same NTEE code T22, revenue within 2x, same state
POLE CREEK FOUNDATIONDET22 $418,722$145,125 Co- Pres, Dir, Sec$0 Same NTEE code T22, revenue within 2x, same state
THE MIDVALE FOUNDATIONDET22 $433,683$332,180 Dir, VP$0 Same NTEE code T22, revenue within 2x, same state
KAP 508 FOUNDATION INCDET22 $453,679$101,205 Dir, Pres$0 Same NTEE code T22, revenue within 2x, same state
BRADBURY AND JANET ANDERSON FAMILYFOUNDATIONDET22 $422,582$226,396 Chairman of the Board$0 Same NTEE code T22, revenue within 2x, same state
ALAN SPANIER FOUNDATIONDET22 $423,826$664,004 Dir, VP$0 Same NTEE code T22, revenue within 2x, same state
YAVERLAND FOUNDATION INCDET22 $427,047$408,470 PRESIDENT/SECRETARY/TREAS$0 Same NTEE code T22, revenue within 2x, same state
THE BRIGHT OAK FOUNDATIONDET22 $424,085$18,332 Dir, Treas, Co- Pres$0 Same NTEE code T22, revenue within 2x, same state
TEAM BROWN FOUNDATION INCDET22 $431,034$335,679 Dir$0 Same NTEE code T22, revenue within 2x, same state
CLINE CHARITABLE FOUNDATIONDET22 $420,099$73,913 Dir, Pres, Sec, Treas$0 Same NTEE code T22, revenue within 2x, same state
MIZORA NGUYENHUA FOUNDATIONDET22 $402,505$12,500 Dir, Pres, Sec, Trea$0 Same NTEE code T22, revenue within 2x, same state

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTotal givenGrantsOrganizations fundedTypeYearsWhich ones
THE HARVEY M MEYERHOFF FUND INC $3,0001 1Private foundation2014–2014 THE ALSOP FAMILY FOUNDATION
MCINTYRE FAMILY FOUNDATION INC $5001 1Private foundation2025–2025 THE ALSOP FAMILY FOUNDATION
AMAZONSMILE FOUNDATION $714 1Private foundation2020–2023 WASATCH FAMILY FOUNDATION

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2024 · Form 990PF · $32,860 spent · pay $0 · grants $12,500 · events $0
LineAs describedTotalShare
Other expenses $14,393 43.8%
Contributions, gifts, grants paid $12,500 38.0%
Taxes $5,967 18.2%
Total$32,860100%

View the filing

2023 · Form 990PF · $15,632 spent · pay $0 · grants $2,500 · events $0
LineAs describedTotalShare
Other expenses $12,069 77.2%
Contributions, gifts, grants paid $2,500 16.0%
Taxes $1,063 6.8%
Total$15,632100%

View the filing

2022 · Form 990PF · $22,794 spent · pay $0 · grants $10,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $10,000 43.9%
Other expenses $9,262 40.6%
Taxes $3,532 15.5%
Total$22,794100%

View the filing

2021 · Form 990PF · $10,155 spent · pay $0 · grants $0 · events $0
LineAs describedTotalShare
Other expenses $8,224 81.0%
Taxes $1,931 19.0%
Total$10,155100%

View the filing

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.