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Varhegyi Foundation is a private corporation based in BONITA SPGS, FL. The foundation received its IRS ruling in 2007. The principal officer is % Peter Varhegyi. It holds total assets of $1.2M. Annual income is reported at $756K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Varhegyi Foundation has made 16 grants totaling $380K, with a median grant of $25K. Annual giving has decreased from $115K in 2020 to $90K in 2023. Individual grants have ranged from $10K to $30K, with an average award of $24K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Michigan, Florida, Minnesota, which account for 88% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Varhegyi Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in MI, FL, MN.
Varhegyi Foundation has distributed a total of $380K across 16 grants. The median grant size is $25K, with an average of $24K. Individual grants have ranged from $10K to $30K.
Varhegyi Foundation typically selects its grantees rather than accepting unsolicited proposals.
Varhegyi Foundation is headquartered in BONITA SPGS, FL. While based in FL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter Varhegyi | DIRECTOR | $0 | $0 | $0 |
| Zoltan Poloskei | DIRECTOR | $0 | $0 | $0 |
| Gyongyi Varhegyi | DIRECTOR | $0 | $0 | $0 |
Total Giving
$116K
Total Assets
$1.3M
Fair Market Value
$1.3M
Net Worth
$1.3M
Grants Paid
$90K
Contributions
$0
Net Investment Income
$7K
Distribution Amount
$64K
Total: $1.3M
Total Grants
16
Total Giving
$380K
Average Grant
$24K
Median Grant
$25K
Unique Recipients
7
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hillsdale CollegeEDUCATIONAL ENRICHMENT | Hillsdale, MI | $30K | 2023 |
| Michigan State UniversityEDUCATIONAL ENRICHMENT | East Lansing, MI | $25K | 2023 |
| Florida Gulf Coast UniversityEDUCATIONAL ENRICHMENT | Fort Myers, FL | $25K | 2023 |
| Mayo ClinicMEDICAL RESEARCH | Rochester, MN | $10K | 2023 |
| Florida State UniversityEDUCATIONAL ENRICHMENT | Tallahassee, FL | $20K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| University Of UtahEDUCATIONAL ENRICHMENT | Salt Lake City, UT | $25K | 2021 |
| Southwest Minnesota State UniversityEDUCATIONAL ENRICHMENT | Marshall, MN | $20K | 2020 |
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