Frank J B & Emma S Varallo Foundation Tr

Organization Overview

Frank J B & Emma S Varallo Foundation Tr is located in Chattanooga, TN. The organization was established in 1989. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frank J B & Emma S Varallo Foundation Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Frank J B & Emma S Varallo Foundation Tr generated $3.6m in total revenue. All expenses for the organization totaled $659.2k during the year ending 12/2021. While expenses have increased by 36.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Frank J B & Emma S Varallo Foundation Tr has awarded 168 individual grants totaling $1,109,950. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $102,378
Net Rental Income$0
Net Gain on Sale of Assets $769,461
Capital Gain Net Income $769,461
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $2,766,396
Total Revenue $3,638,235

Grants Awarded

Over the last fiscal year, Frank J B & Emma S Varallo Foundation Tr has awarded $452,000 in support to 32 organizations.

Grant RecipientAmount

UCFI

PURPOSE: OPERATING FUNDS

$121,500

BIBLE IN THE SCHOOLS

PURPOSE: OPERATING FUNDS

$55,000

BETHEL BIBLE VILLAGE

Org PageRecipient Profile

Hixson, TN

PURPOSE: OPERATING FUNDS

$50,000

CHATTANOOGA CHRISTIAN SCHOOL

Org PageRecipient Profile

Chattanooga, TN

PURPOSE: OPERATING FUNDS

$35,000

UNITED WAY

PURPOSE: OPERATING FUNDS

$16,000

THE FAITH BASED & COMMUNITY INITIATIVE FOUNDATION

Org PageRecipient Profile

Chattanooga, TN

PURPOSE: OPERATING FUNDS

$15,000
View Grant Profile

Peer Organizations

Organization NameAssets
The Arthur M Blank Family Foundation
Atlanta, GA
$84,889,977
Pyramid Peak Foundation
Memphis, TN
$119,724,559
Alice L Walton Foundation
Bentonville, AR
$449,327,995
John Bulow Campbell Foundation
Atlanta, GA
$103,345,098
The Rosser Foundation A Pure Charitable Trust And Public Charit
Hampton, VA
$36,359,396
Jesus Fund
Little Rock, AR
$128,635,887
James S Mcdonnell Foundation
St Louis, MO
$80,243,658
Patterson Family Foundation
Kansas City, MO
$1,174,628,172
Poplar Foundation
Memphis, TN
$18,419,294
Builders Initiative
Bentonville, AR
$530,265,880
John M Belk Endowment
Charlotte, NC
$19,824,991
Plough Foundation
Memphis, TN
$7,604,937

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