Varney Foundation

Varney Robert C Exec Director

Great Falls, VA
Tax-exempt since March 1996
EIN: 54-1741120

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$9,277

Expenses

$9,993

Net Income

-$716

Net Assets

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$9,272	99.9%
Interest Revenue	$0
Dividends	$5	0.1%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$7,200	72.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$0
Total Liabilities	$0
Net Assets	$0

Compensation

Key Employees and Officers	Compensation	Other
Robert C Varney (President)	$0	$0
Sandra D Varney (Director)	$0	$0
Tammy Boyd (Director)	$0	$0
Karlayne Powars (Director)	$0	$0

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990-PF

Filed on May 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$121,103

Expenses

$241,499

Net Income

-$120,396

Net Assets

$716

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$100,000	82.6%
Interest Revenue	$0
Dividends	$2,009	1.7%
Sales of Assets	$19,094	15.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$238,993	99.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$716
Total Liabilities	$0
Net Assets	$716

Compensation

Key Employees and Officers	Compensation	Other
Robert C Varney (President)	$0	$0
Sandra D Varney (Director)	$0	$0
Tammy Boyd (Director)	$0	$0
Karlayne Powars (Director)	$0	$0

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990-PF

Filed on Oct. 27, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$2,911

Expenses

$28,056

Net Income

-$25,145

Net Assets

$121,112

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$980	33.7%
Sales of Assets	$1,931	66.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$27,000	96.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$121,112
Total Liabilities	$0
Net Assets	$121,112

Compensation

Key Employees and Officers	Compensation	Other
Robert C Varney (Director/President)	$0	$0
Sandra D Varney (Director/Secretary)	$0	$0
Tammy Boyd (Director)	$0	$0
Karlayne Powars (Director)	$0	$0

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990-PF

Filed on Aug. 23, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$54,334

Expenses

$25,572

Net Income

$28,762

Net Assets

$146,257

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50,000	92.0%
Interest Revenue	$0
Dividends	$647	1.2%
Sales of Assets	$3,687	6.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$24,871	97.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$146,257
Total Liabilities	$0
Net Assets	$146,257

Compensation

Key Employees and Officers	Compensation	Other
Robert C Varney (Director/Pres)	$0	$0
Sandra D Varney (Director/Sec)	$0	$0
Tammy Boyd (Director)	$0	$0
Karlayne Powars (Director)	$0	$0

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990-PF

Filed on May 6, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$55,232

Expenses

$34,467

Net Income

$20,765

Net Assets

$117,494

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50,000	90.5%
Interest Revenue	$0
Dividends	$629	1.1%
Sales of Assets	$4,603	8.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$33,800	98.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$117,495
Total Liabilities	$1
Net Assets	$117,494

Compensation

Key Employees and Officers	Compensation	Other
Robert C Varney (Director/Pres)	$0	$0
Sandra D Varney (Director/Sec)	$0	$0
Tammy Boyd (Director)	$0	$0
Karlayne Powars (Director)	$0	$0

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990-PF

Filed on Aug. 30, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$5,285

Expenses

$22,104

Net Income

-$16,819

Net Assets

$96,729

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$763	14.4%
Sales of Assets	$4,522	85.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$21,421	96.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$96,730
Total Liabilities	$1
Net Assets	$96,729

Compensation

Key Employees and Officers	Compensation	Other
Robert C Varney (Director/Pres)	$0	$0
Sandra D Varney (Director/Sec)	$0	$0
Tammy Boyd (Director)	$0	$0
Karlayne Powars (Director)	$0	$0

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990-PF

Filed on Aug. 14, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$52,155

Expenses

$40,014

Net Income

$12,141

Net Assets

$113,549

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50,000	95.9%
Interest Revenue	$0
Dividends	$2,155	4.1%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$39,303	98.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$113,549
Total Liabilities	$0
Net Assets	$113,549

Compensation

Key Employees and Officers	Compensation	Other
Robert C Varney (Director/Pres)	$0	$0
Sandra D Varney (Director/Sec)	$0	$0
Tammy Boyd (Director)	$0	$0
Karlayne Powars (Director)	$0	$0

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990-PF

Filed on May 7, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$77,263

Expenses

$29,301

Net Income

$47,962

Net Assets

$101,408

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$75,000	97.1%
Interest Revenue	$0
Dividends	$2,263	2.9%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$28,561	97.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$101,408
Total Liabilities	$0
Net Assets	$101,408

Compensation

Key Employees and Officers	Compensation	Other
Robert C Varney (Director/Pres)	$0	$0
Sandra D Varney (Director/Sec)	$0	$0
Tammy Boyd (Director)	$0	$0
Karlayne Powars (Director)	$0	$0

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990-PF

Filed on May 10, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$24,034

Expenses

$33,268

Net Income

-$9,234

Net Assets

$53,445

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$22,500	93.6%
Interest Revenue	$0
Dividends	$1,534	6.4%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$32,568	97.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$53,445
Total Liabilities	$0
Net Assets	$53,445

Compensation

Key Employees and Officers	Compensation	Other
Robert C Varney (Director/Pres)	$0	$0
Sandra D Varney (Director/Sec)	$0	$0
Tammy Boyd (Director)	$0	$0
Karlayne Powars (Director)	$0	$0

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990-PF

Filed on June 26, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$47,884

Expenses

$37,413

Net Income

$10,471

Net Assets

$62,679

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$47,762	99.7%
Interest Revenue	$0
Dividends	$122	0.3%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$36,226	96.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$62,679
Total Liabilities	$0
Net Assets	$62,679

Compensation

Key Employees and Officers	Compensation	Other
Robert C Varney (Director/Pres)	$0	$0
Sandra D Varney (Director/Sec)	$0	$0
Tammy Boyd (Director)	$0	$0
Karlayne Powars (Director)	$0	$0

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990-PF

Filed on July 7, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$76,845

Expenses

$47,743

Net Income

$29,102

Net Assets

$52,208

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$76,987	> 100%
Interest Revenue	$0
Dividends	$268	0.3%
Sales of Assets	-$410
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$47,095	98.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$52,208
Total Liabilities	$0
Net Assets	$52,208

Compensation

Key Employees and Officers	Compensation	Other
Robert C Varney (Director/Pres)	$0	$0
Sandra D Varney (Director/Sec)	$0	$0
Tammy Boyd (Director)	$0	$0
Karlayne Powars (Director)	$0	$0

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990-PF

Filed on July 22, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$34,622

Expenses

$47,201

Net Income

-$12,579

Net Assets

$23,106

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$34,250	98.9%
Interest Revenue	$0
Dividends	$372	1.1%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$46,650	98.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$23,106
Total Liabilities	$0
Net Assets	$23,106

Compensation

Key Employees and Officers	Compensation	Other
Robert C Varney (Director/Pres)	$0	$0
Sandra D Varney (Director/Sec)	$0	$0
Tammy Boyd (Director)	$0	$0
Karlayne Powars (Director)	$0	$0

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990-PF

Filed on June 12, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$67,777

Expenses

$38,873

Net Income

$28,904

Net Assets

$35,684

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$67,775	100.0%
Interest Revenue	$2	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$38,265	98.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$35,685
Total Liabilities	$1
Net Assets	$35,684

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$51,865

Expenses

$65,146

Net Income

-$13,281

Net Assets

$6,780

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$51,870	> 100%
Interest Revenue	$1	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$64,499	99.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,781
Total Liabilities	$1
Net Assets	$6,780

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Varney Foundation

Organization summary

Organization summary might be incomplete or out of date

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001