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JANICE MICHELLE FOUNDATION INC

New york, NY Tax ID: 11-3458719

The Janice Michelle Foundation Inc, based in New York, focuses on education, health, and religious initiatives, particularly within Orthodox Christianity, with significant assets but operates at a financial deficit.

About JANICE MICHELLE FOUNDATION INC

Comprehensive foundation profile based on the most recent IRS Form 990 filing

The Janice Michelle Foundation Inc is a non-profit organization based in New York, NY, with assets totaling $2,245,119. The foundation focuses on funding initiatives in education, health, diseases and conditions, and religion, specifically within Christianity and Orthodox Christianity. Despite having expenses of $110,089, the foundation's revenue is $65,878. The foundation operates primarily within New York City and the state of New York. Key personnel include George Varsam, who serves as President and Treasurer, Lori Varsam as Vice President and Secretary, and Fotios Varsam and Alex Zawoloka as Vice Presidents. Notably, none of these individuals receive compensation for their roles. The foundation does not have a public website.

Focus Areas

EducationHealthDiseases and conditionsReligionChristianityOrthodox Christianity- Less

Geographic Focus

NY

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Key Statistics
Total Assets $2.2M
Total Awarded This Year $99K
Average Grant Size $322
Total Grants (Previous Year) 307
Open to New Applicants
% New Applicants Funded
Contact Information
New york, NY
Geographic Funding Distribution

Financials

Total Assets
$2.2M

+2.6% from previous year

Annual Grants
$99K

1 grants awarded in 2024

Expense Ratio
167.1%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$99,000SEE SCHEDULE 3THE PURPOSE OF THE CONTRIBUTIONS PAID IS TO AID EACH DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT F...New york, NY, US2024
$84,100SEE SCHEDULE 2THE PURPOSE OF THE CONTRIBUTIONS PAID IS TO AID EACH DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT F...New york, NY, US2023
$43,500SEE SCHEDULE 2THE PURPOSE OF THE CONTRIBUTIONS PAID IS TO AID EACH DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT F...New york, NY, US2022

People

Leadership & Staff

Compensation data from most recent available 990 forms

GV

GEORGE VARSAM

PRESIDENT/TREASURER

$0 2024
LV

LORI VARSAM

VICE PRES/SECRETARY

$0 2024
FV

FOTIOS VARSAM

VICE PRESIDENT

$0 2024
AZ

ALEX ZAWOLOKA

VICE PRESIDENT

$0 2024
Showing 4 of 4 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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