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The Vardaman Family Foundation is a private corporation based in WASHINGTON, DC. The foundation received its IRS ruling in 2000. The principal officer is % Marianne F Vardaman. It holds total assets of $445K. Annual income is reported at $41K. THE FOUNDATION GRANTS SCHOLARSHIPS TO UNDERPRIVILEGED INDIVIDUALS, REGARDLESS OF NATIONALITY, RELIGION, RACE, OR CREED. According to available records, The Vardaman Family Foundation has made 7 grants totaling $150K, with a median grant of $20K. Annual giving has grown from $24K in 2020 to $53K in 2023. Grantmaking activity was highest in 2022 with $65K distributed across 4 grants. Individual grants have ranged from $8K to $53K, with an average award of $21K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
THE FOUNDATION GRANTS SCHOLARSHIPS TO UNDERPRIVILEGED INDIVIDUALS, REGARDLESS OF NATIONALITY, RELIGION, RACE, OR CREED.
Expenses: $24K
THE FOUNDATION CONTRIBUTES TO PUBLICLY SUPPORTED CHARITIES QUALIFIED UNDER IRC SECTION 501(C)(3)
THE FOUNDATION GRANTS SCHOLARSHIPS TO UNDERPRIVILEGED INDIVIDUALS, REGARDLESS OF NATIONALITY, RELIGION, RACE, OR CREED. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in VA.
The Vardaman Family Foundation has distributed a total of $150K across 7 grants. The median grant size is $20K, with an average of $21K. Individual grants have ranged from $8K to $53K.
The Vardaman Family Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is N/A. NATURAL DEADLINE WOULD BE BEFORE SCHOOL TUITION IS DUE.. NO SUCH RESTRICTIONS.
The Vardaman Family Foundation is headquartered in WASHINGTON, DC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John W Vardaman Iii | Director | $0 | $0 | $0 |
| H Davis Vardaman | Director | $0 | $0 | $0 |
| Thomas E Kane | Director | $0 | $0 | $0 |
| Shannon Vardaman | Director | $0 | $0 | $0 |
Total Giving
$57K
Total Assets
$418K
Fair Market Value
$604K
Net Worth
$418K
Grants Paid
$53K
Contributions
$0
Net Investment Income
$35K
Distribution Amount
$28K
Total Grants
7
Total Giving
$150K
Average Grant
$21K
Median Grant
$20K
Unique Recipients
3
Most Common Grant
$13K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Scholarships GrantedTUITION ASSISTANCE TO STUDENTS WITH DEMONSTRATED NEEDS | Lexington, VA | $53K | 2023 |
| Charitable Contributions - Various CharitiesCONTRIBUTION | Hot Springs, VA | $20K | 2022 |
| Scholarship Granted - Various UniversitiesSCHOLARSHIPS | Lexington, VA | $13K | 2022 |
BENTON, LA
PALM CITY, FL
GLENMOORE, PA
LAS VEGAS, NV
PEORIA, AZ
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
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