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Vara Educational Foundation Inc. is a private corporation based in WOODSTOCK, VT. The foundation received its IRS ruling in 1974. The principal officer is B Clayton. It holds total assets of $615K. Annual income is reported at $307K. Total assets have grown from $139K in 2010 to $532K in 2022. The foundation is governed by 4 officers and trustees. Scholarship awarded to approximately 22 eligible recipients to pay tuition and related expenses to ski academies and ski clubs. Tax records are available from 2021 to 2023. The foundation primarily funds organizations in Vermont and Connecticut. According to available records, Vara Educational Foundation Inc. has made 68 grants totaling $70K, with a median grant of $1K. Annual giving has grown from $16K in 2021 to $30K in 2023. Individual grants have ranged from $300 to $3K, with an average award of $1K. The foundation has supported 53 unique organizations. The foundation primarily supports organizations in Vermont, Connecticut, New York, which account for 82% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$1K
Largest Grant
$3K
Based on 21 grants from the most recent 990-PF filing.
Scholarship awarded to approximately 22 eligible recipients to pay tuition and related expenses to ski academies and ski clubs
Scholarship awarded to approximately 22 eligible recipients to pay tuition and related expenses to ski academies and ski clubs. Based on available records, the foundation has funded 68 grants. Its grantmaking reaches organizations primarily in VT, CT, NY.
Vara Educational Foundation Inc. has distributed a total of $70K across 68 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $300 to $3K.
The application deadline is OCTOBER 15.
Vara Educational Foundation Inc. is headquartered in WOODSTOCK, VT. While based in VT, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Taylor Mikell | PRESIDENT | $0 | $0 | N/A |
| Ryan Sheredy | SECRETARY | $0 | $0 | N/A |
| Mariel Meringolo | TREASURER | $0 | $0 | N/A |
| Andrew Mcnealus | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$33K
Total Assets
$532K
Fair Market Value
$541K
Net Worth
$532K
Grants Paid
$30K
Contributions
$32K
Net Investment Income
$45K
Distribution Amount
$12K
Total: N/A
Total Grants
68
Total Giving
$70K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
53
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Clare WillardFINANCIAL ASSISTANCE | East Burke, VT | $2K | 2023 |
| Leveret DransfieldFINANCIAL ASSISTANCE AND TRAVEL | Huntington, VT | $2K | 2023 |
| Keira MclaughlinFINANCIAL ASSISTANCE | East Burke, VT | $1K | 2023 |
| Ava AndersonFINANCIAL ASSISTANCE | Stratton, VT | $1K | 2023 |
| Sofia BushFINANCIAL ASSISTANCE | Richmond, VT | $1K | 2023 |
| Rhiannon LubaszewskiFINANCIAL ASSISTANCE | Killington, VT | $1K | 2023 |
| Evan CavallaroFINANCIAL ASSISTANCE | Middlebury, CT | $1K | 2023 |
| Chelsea CharlesFINANCIAL ASSISTANCE | Stratton, VT | $1K | 2023 |
| Lauren MaynardFINANCIAL ASSISTANCE | Victor, NY | $1K | 2023 |
| Annika HuntFINANCIAL ASSISTANCE | Park City, UT | $1K | 2023 |
| Espen HuntFINANCIAL ASSISTANCE | East Burke, VT | $1K | 2023 |
| Alvaro PadilhaTRAVEL | Killington, VT | $1K | 2023 |
| Caleb BrytowskiSCHOLARSHIP | Killington, VT | $1K | 2023 |
| John KerbaughSCHOLARSHIP | Stowe, VT | $1K | 2023 |
| Alexander HuberTRAVEL | Londonderry, VT | $1K | 2023 |
| Joshua RosenbergMERIT SCHOLARSHIP | Ridgewood, NJ | $1K | 2023 |
| Ada JonesMERIT SCHOLARSHIP | Williston, VT | $1K | 2023 |
| Sean CollinsFINANCIAL ASSISTANCE | Killington, VT | $1K | 2023 |
| Owen CollinsFINANCIAL ASSISTANCE | Killington, VT | $1K | 2023 |
| Eliza SullivanSCHOLARSHIP | Stratton, VT | $1K | 2023 |
| Kyle RobinFINANCIAL ASSISTANCE | Stowe, VT | $800 | 2023 |
| Soteri TousimisFINANCIAL ASSISTANCE | East Burke, VT | $800 | 2023 |
| Katie RowekampTRAVEL | East Burke, VT | $750 | 2023 |
| Canon ParsonsTRAVEL | Waitsfield, VT | $600 | 2023 |
| Abe MustyTRAVEL | Manchester Center, VT | $600 | 2023 |
| Jack BaileyALPINE OFFICIAL | Stratton, VT | $500 | 2023 |
| Alice PadilhaFINANCIAL ASSISTANCE | New Canaan, CT | $500 | 2023 |
| Arthur PadilhaFINANCIAL ASSISTANCE | New Canaan, CT | $500 | 2023 |
| Sam HambschMERIT SCHOLARSHIP | South Pomfret, VT | $500 | 2023 |
| Sophia BechtelSCHOLARSHIP | Stowe, VT | $500 | 2023 |
| Lucas SourbeerTRAVEL | East Burke, VT | $300 | 2023 |
| Marianna MerrittSCHOLARSHIP | East Fairfield, VT | $3K | 2022 |
| Deena JacuskiSCHOLARSHIP | Colchester, VT | $1K | 2022 |
| Justin BigatelSCHOLARSHIP | Park City, UT | $1K | 2022 |
| Arthur PadihaSCHOLARSHIP AND TRAVEL | New Canaan, CT | $1K | 2022 |
| Eva MorinSCHOLARSHIP | Stratton, VT | $1K | 2022 |
| Aidan WilliamsonSCHOLARSHIP | Rutland, VT | $1K | 2022 |
| Haven LoringSCHOLARSHIP | Stratton, VT | $1K | 2022 |
| Alice PadihaSCHOLARSHIP AND TRAVEL | New Canaan, CT | $950 | 2022 |
| Hazel HowardTRAVEL | Cambridge, VT | $700 | 2022 |
CRAFTSBURY CM, VT
STOWE, VT
MARLBORO, VT