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Varnum-De Rose Trust is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 2018. The principal officer is % Bny Mellon Na Trustee. It holds total assets of $7.4M. Annual income is reported at $4.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Varnum-De Rose Trust has made 122 grants totaling $2.2M, with a median grant of $13K. Annual giving has grown from $342K in 2020 to $530K in 2023. Grantmaking activity was highest in 2022 with $978K distributed across 54 grants. Individual grants have ranged from $5K to $100K, with an average award of $18K. The foundation has supported 52 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, Connecticut, which account for 65% of all grants. Grantmaking reaches organizations across 17 states. Contributions to this foundation are tax-deductible.
Varnum-De Rose Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 122 grants. Its grantmaking reaches organizations primarily in NY, MA, CT.
Varnum-De Rose Trust has distributed a total of $2.2M across 122 grants. The median grant size is $13K, with an average of $18K. Individual grants have ranged from $5K to $100K.
Varnum-De Rose Trust typically selects its grantees rather than accepting unsolicited proposals.
Varnum-De Rose Trust is headquartered in PITTSBURGH, PA. While based in PA, the foundation distributes grants to organizations across 17 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bny Mellon N A | CO-TRUSTEE | $44K | $0 | $44K |
| Jay H Mcdowell Esq | CO-TRUSTEE | $9K | $0 | $9K |
Total Giving
$591K
Total Assets
$6.8M
Fair Market Value
$8M
Net Worth
$6.8M
Grants Paid
$530K
Contributions
$0
Net Investment Income
$603K
Distribution Amount
$429K
Total Grants
122
Total Giving
$2.2M
Average Grant
$18K
Median Grant
$13K
Unique Recipients
52
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Georges Society Of New YorkGENERAL OPERATING | New York, NY | $25K | 2023 |
| American Diabetes AssociationGENERAL OPERATING | Arlington, VA | $15K | 2023 |
| First Presbyterian ChurchGENERAL OPERATING | Stroudsburg, PA | $12K | 2023 |
| St Johns Episcopal ChurchGENERAL OPERATING | York, PA | $12K | 2023 |
| Two MaudsGENERAL OPERATING | New York, NY | $6K | 2023 |
| Brooklyn Botanic GardenGENERAL OPERATING PURPOSES | Brooklyn, NY | $6K | 2023 |
| St John'S Episcopal ChurchGENERAL OPERATING PURPOSES | Jamaica, NY | $12K | 2022 |
| United Methodist ChurchGENERAL OPERATING PURPOSES | Southampton, NY | $6K | 2021 |
| Phillips AcademyGENERAL OPERATING | Andover, MA | $100K | 2023 |
| Jose Limon Dance FoundationGENERAL OPERATING | New York, NY | $50K | 2023 |
| Yale UniversityGENERAL OPERATING | New Haven, CT | $50K | 2023 |
| Shiloh Baptist ChurchGENERAL OPERATING | Ruffin, SC | $26K | 2023 |
| Arthritis Foundation IncGENERAL OPERATING | Atlanta, GA | $25K | 2023 |
| Lyme Disease Research FdnGENERAL OPERATING | Lutherville, MD | $25K | 2023 |
| Cornell UniversityGENERAL OPERATING | Ithaca, NY | $25K | 2023 |
| Prostate Action IncGENERAL OPERATING | New York, NY | $25K | 2023 |
| Dorot IncGENERAL OPERATING | New York, NY | $25K | 2023 |
| Immaculate Conception ChurchGENERAL OPERATING | Newburyport, MA | $24K | 2023 |
| Center For Community AlternativesGENERAL OPERATING | Syracuse, NY | $15K | 2023 |
| Presbyterian Church Of ShinnecockGENERAL OPERATING PURPOSES | Southampton, NY | $10K | 2023 |
| Kids In Cleats IncGENERAL OPERATING | Montclair, NJ | $10K | 2023 |
| Community Baptist ChurchGENERAL OPERATING PURPOSES | Jamaica, NY | $10K | 2023 |
| Northwell HealthGENERAL OPERATING | New Hyde Park, NY | $10K | 2023 |
| Hamptons United Methodist ChurchGENERAL OPERATING | Southampton, NY | $6K | 2023 |
| The Lighthouse GuildGENERAL OPERATING PURPOSES | New York, NE | $6K | 2023 |
| Southampton History MuseumGENERAL OPERATING | Southampton, NY | $6K | 2023 |
| New York Botanical GardenGENERAL OPERATING | Bronx, NY | $6K | 2023 |
| Georgetown UniversityGENERAL OPERATING | Washington, DC | $25K | 2022 |
| St Jude Childrens ResearchGENERAL OPERATING | Memphis, TN | $25K | 2022 |
| Raleigh Charter High SchoolGENERAL OPERATING | Raleigh, NC | $20K | 2022 |
| Managed Emergency Surge For Healthcare IGENERAL OPERATING | Indianapolis, IN | $15K | 2022 |
| Montclair Art MuseumGENERAL OPERATING | Montclair, NJ | $15K | 2022 |
| Weve Got FriendsGENERAL OPERATING | Montclair, NJ | $13K | 2022 |
| First Presbyterian Church OfGENERAL OPERATING | Milpitas, CA | $12K | 2022 |
| South Shore University HospitalGENERAL OPERATING PURPOSES | Westbury, NY | $10K | 2022 |
| University Of PittsburghGENERAL OPERATING | Pittsburgh, PA | $25K | 2021 |
| First Presbyterian Church RaleighGENERAL OPERATING | Raleigh, NC | $20K | 2021 |
| St Teresa Of Calcutta Immaculate ConcepGENERAL OPERATING | Montclair, NJ | $20K | 2021 |
| Furman UniversityGENERAL OPERATING | Greenville, SC | $20K | 2021 |
| Presbyterian Church Of SouthamptonGENERAL OPERATING PURPOSES | Southampton, NY | $12K | 2021 |
| Arthritis FoundationGENERAL OPERATING PURPOSES | Atlanta, GA | $12K | 2021 |
| North Shore Lij-Southside HospitalGENERAL OPERATING | Bayshore, NY | $12K | 2021 |
| Neighbor To Neighbor MinistriesGENERAL OPERATING | Raleigh, NC | $10K | 2021 |
| Southampton Hisorical MuseumGENERAL OPERATING PURPOSES | Southampton, NY | $5K | 2021 |
| Frenji Sports AcademyGENERAL OPERATING | Hartsdale, NY | $25K | 2020 |
| St Jude Childrens Research HospitalGENERAL OPERATING | Memphis, TN | $25K | 2020 |
| Coalition For The HomelessGENERAL OPERATING | Wheeling, WV | $22K | 2020 |
| Pediatric Cancer FoundationGENERAL OPERATING | Tamp, FL | $22K | 2020 |
| The Jed FoundationGENERAL OPERATING | New York, NY | $22K | 2020 |
| Calvary Baptist ChurchGENERAL OPERATING | White Plains, NY | $20K | 2020 |
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