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The Frank Varischetti Foundation is a private corporation based in BROCKWAY, PA. The foundation received its IRS ruling in 2008. It holds total assets of $10.9M. Annual income is reported at $1.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Frank Varischetti Foundation has made 67 grants totaling $1.4M, with a median grant of $5K. Annual giving has grown from $91K in 2020 to $968K in 2023. Individual grants have ranged from $500 to $441K, with an average award of $21K. The foundation has supported 40 unique organizations. Grants have been distributed to organizations in Pennsylvania and Montana. Contributions to this foundation are tax-deductible.
The Frank Varischetti Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 67 grants. Its grantmaking reaches organizations primarily in PA, MT.
The Frank Varischetti Foundation has distributed a total of $1.4M across 67 grants. The median grant size is $5K, with an average of $21K. Individual grants have ranged from $500 to $441K.
The application deadline is REQUESTS WILL BE ACCEPTED YEAR ROUND.. NO CURRENT RESTRICTIONS OR LIMITATIONS ON AWARDS.
The Frank Varischetti Foundation is headquartered in BROCKWAY, PA. While based in PA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steven Varischetti | Treasurer | $0 | $0 | $0 |
| Barbara Varischetti | President | $0 | $0 | $0 |
| Nicholas Varischetti | Director | $0 | $0 | $0 |
| Peter Varischetti | Secretary | $0 | $0 | $0 |
| Frank Varischetti Sr | Vice President | $0 | $0 | $0 |
Total Giving
$1M
Total Assets
$9.1M
Fair Market Value
$9.1M
Net Worth
$9.1M
Grants Paid
$968K
Contributions
$0
Net Investment Income
$376K
Distribution Amount
$425K
Total: $9M
Total Grants
67
Total Giving
$1.4M
Average Grant
$21K
Median Grant
$5K
Unique Recipients
40
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| We Care For KidsCHARITABLE | Dubois, PA | $3K | 2023 |
| Penn Highlands HealthcareCHARITABLE | Dubois, PA | $441K | 2023 |
| Dubois Central Catholic SchoolEDUCATIONAL | Dubois, PA | $170K | 2023 |
| Universtiy Of PittsburghCHARITABLE | Pittsburgh, PA | $150K | 2023 |
| Brockway Volunteer Hose CompanyCHARITABLE | Brockway, PA | $46K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2023 |
| Bc3 Educational FoundationEDUCATIONAL | Butler, PA | $30K | 2023 |
| Upmc Childrens Hospital Of PittsburghCHARITABLE | Pittsburgh, PA | $25K | 2023 |
| Stevensville Rural Fire DistrictCHARITABLE | Stevensville, MT | $25K | 2023 |
| Ridgway Public LibraryCHARITABLE | Ridgway, PA | $15K | 2023 |
| Brockway Area School DistrictEDUCATIONAL | Brockway, PA | $14K | 2023 |
| Brockway Nursery SchoolCHARITABLE | Brockway, PA | $7K | 2023 |
| Catholic CharitiesCHARITABLE | Dubois, PA | $6K | 2023 |
| After School At MooreheadCHARITABLE | Brockway, PA | $6K | 2023 |
| The Children'S Institute Of PittsbuCHARITABLE | Pittsburgh, PA | $5K | 2023 |
| Boys Girls Club Of St MarysCHARITABLE | St Marys, PA | $5K | 2023 |
| Free Medical Clinic Of DuboisCHARITABLE | Dubois, PA | $5K | 2023 |
| Dubois Area Food PantryCHARITABLE | Dubois, PA | $5K | 2023 |
| Ronald Mcdonald HouseCHARITABLE | Pittsburgh, PA | $3K | 2023 |
| Ridgway Area School DistrictEDUCATIONAL | Ridgway, PA | $2K | 2023 |
| American Cancer Society - Relay For LifeCHARITABLE | Clearfield, PA | $1K | 2023 |
| Brockway Schools Comm Ed FoundationEDUCATIONAL | Brockway, PA | $1K | 2023 |
| St Tobias Catholic ChurchCHARITABLE | Brockway, PA | $500 | 2023 |
| Brockway Church Of GodCHARITABLE | Brockway, PA | $500 | 2023 |
| Beechtree Union ChurchCHARITABLE | Brockway, PA | $500 | 2023 |
| Moorhead United Methodist ChurchCHARITABLE | Brockway, PA | $500 | 2023 |
| Lanes Mills United Methodist ChurchCHARITABLE | Brockway, PA | $500 | 2023 |
| Brockport United Methodist ChurchCHARITABLE | Brockport, PA | $500 | 2023 |
| Munderf United Methodist ChurchCHARITABLE | Brookville, PA | $500 | 2023 |
| Brockway Christian Missionary AlliaCHARITABLE | Brockway, PA | $500 | 2023 |
| Lighthouse Community ChurchCHARITABLE | Brockway, PA | $500 | 2023 |
| The Brockway Presbyterian ChurchCHARITABLE | Brockway, PA | $500 | 2023 |
| The Beechwoods Prebyterian ChurchCHARITABLE | Falls Creek, PA | $500 | 2023 |
| The Sugar Hill Presbyterian ChurchCHARITABLE | Brockway, PA | $500 | 2023 |
| Horton Township Fire DepartmentCHARITABLE | Brockport, PA | $11K | 2022 |
| Young People Who CareCHARITABLE | Frenchville, PA | $6K | 2022 |
| Best Of The BatchCHARITABLE | Munhall, PA | $4K | 2022 |
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