Varanasi Family Foundation
WILMINGTON, DE EIN: 85-1620462
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$1.5M
+36.0% YoY
Annual Giving
$13K
+400.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$6K
+150.0% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,483,591 | $1,090,840 | $689,424 |
| Revenue | $425,611 | $417,048 | $135,881 |
| Expenses | $32,860 | $15,632 | $22,794 |
| Qualifying Distributions | $26,212 | $14,127 | $19,096 |
| Net Investment Income | $531,150 | $91,433 | $8,015 |
| Distributable Amount | $61,613 | $36,143 | $26,164 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Varanasi Family Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Sai Varanasi | Co- Pres, Dir, Treas | 1 | — |
| Theresa Varanasi | Co- Pres, Dir, Sec | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Georgia $10K (40%)
Texas $10K (40%)
Utah $5K (20%)
Cities
AtlantaCiboloLehi
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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