The Varney Foundation

Great Falls, VAPrivate foundation / grantmaker EIN 54-1741120Revenue $9K in FY2024Latest return filed May 14, 2025

On file with the IRSGreat Falls, VA

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FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990-PF
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $19K a year · 40% of revenue · last 5 filings
A surplus in 2 of the last 5 filings.
990-PF Pt I · 5 filings
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
990-PF Pt II · Ln 23
Revenue
$9K
-92% vs prior year
Spent
$10K
Net assets
$0
By yearFY2020–FY2024
Revenue
$9K
FY2024▼ -92%
Tap a bar for its year
Revenue by fiscal year
FY2020$55K
FY2021$54K
FY2022$3K
FY2023$121K
FY2024$9K
Expenses
$10K
FY2024▼ -96%
Tap a bar for its year
Expenses by fiscal year
FY2020$34K
FY2021$26K
FY2022$28K
FY2023$241K
FY2024$10K
Net assets
$0
FY2024▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$117K
FY2021$146K
FY2022$121K
FY2023$716
FY2024$0

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 72% · $7K Operating & administrative 28% · $3K

Form 990-PF Part I, lines 24–26. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990-PF.

990-PF Part VIII · reportable compensation
$0990-PF Pt VIII
$0990-PF Pt VIII
Director
$0990-PF Pt VIII
$0990-PF Pt VIII
See The Varney Foundation executive salaries →

Programs and updates

A private foundation based in Great Falls, VA.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 2 grants · $7K · 2024–2024
Cru - Campus Crusade for ChristFY2024$6,600

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV1
Average grantPart XV$4K
Median grantPart XV$7K
Largest grantPart XV$7K
Top cause focusNTEEReligion (50%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$9K
Gifts and grants$9K
Investment income$5
Money out
$10K
Grants paid$7K
Running costs$3K
Owns and owes
$0
net assets
Total assets$0
Liabilities$0
People
4
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$9K
Investment income$5
Total revenue$9K
Assets in detailEnd of year
Total assets$0
Liabilities$0
Net assets$0
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS May 14, 2025 $9K$10K−$716$0 990 PDF
FY2023Filed with the IRS Oct 27, 2024 $121K$241K−$120K$716 990 PDF
FY2022Filed with the IRS Aug 23, 2023 $3K$28K−$25K$121K 990 PDF
FY2021Filed with the IRS May 6, 2022 $54K$26K$29K$146K 990 PDF
FY2020Filed with the IRS Aug 30, 2021 $55K$34K$21K$117K 990 PDF

Schedules filed Part IV

G · Fundraising L · Interested persons R · Related orgs

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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