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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 is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in New York. 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.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$16K
Largest Grant
$40K
Based on 21 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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
N/A
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 |
| St Johns Episcopal ChurchGENERAL OPERATING | York, PA | $12K | 2023 |
| First Presbyterian ChurchGENERAL OPERATING | Stroudsburg, PA | $12K | 2023 |
| Brooklyn Botanic GardenGENERAL OPERATING PURPOSES | Brooklyn, NY | $6K | 2023 |
| Two MaudsGENERAL OPERATING | New York, NY | $6K | 2023 |
| 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 |
| Cornell UniversityGENERAL OPERATING | Ithaca, NY | $25K | 2023 |
| Dorot IncGENERAL OPERATING | New York, NY | $25K | 2023 |
| Prostate Action IncGENERAL OPERATING | New York, NY | $25K | 2023 |
| Lyme Disease Research FdnGENERAL OPERATING | Lutherville, MD | $25K | 2023 |
| Immaculate Conception ChurchGENERAL OPERATING | Newburyport, MA | $24K | 2023 |
| Center For Community AlternativesGENERAL OPERATING | Syracuse, NY | $15K | 2023 |
| Northwell HealthGENERAL OPERATING | New Hyde Park, NY | $10K | 2023 |
| Kids In Cleats IncGENERAL OPERATING | Montclair, NJ | $10K | 2023 |
| Presbyterian Church Of ShinnecockGENERAL OPERATING PURPOSES | Southampton, NY | $10K | 2023 |
| Community Baptist ChurchGENERAL OPERATING PURPOSES | Jamaica, NY | $10K | 2023 |
| Southampton History MuseumGENERAL OPERATING | Southampton, NY | $6K | 2023 |
| Hamptons United Methodist ChurchGENERAL OPERATING | Southampton, NY | $6K | 2023 |
| New York Botanical GardenGENERAL OPERATING | Bronx, NY | $6K | 2023 |
| The Lighthouse GuildGENERAL OPERATING PURPOSES | New York, NE | $6K | 2023 |
| St Jude Childrens ResearchGENERAL OPERATING | Memphis, TN | $25K | 2022 |
| Georgetown UniversityGENERAL OPERATING | Washington, DC | $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 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA