Frank Jb & Emma S Varallo Foundation
EIN 626225565Total Given 2016–2024
$2.8M
119 grants · $307K avg/year
based on 9 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$5K
typical small grants · $2K–$6K
grant size
44%
supporter · 28/64 multi-year
repeat
$27.2M
Assets (2024)
64
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
THE VARALLO FOUNDATION CO ELLIOTT D
Phone
(423) 265-9510
Deadlines
DECEMBER 1ST.
How to Apply
FOR THOSE WISHING TO BRING A PROJECT TO THE ATTENTION OF THE FOUNDATION, A WRITTEN SUMMARY OF NOT MORE THAN TWO PAGES SHOULD BE SENT TO THE ABOVE ADDRESS. THE REQUEST SHOULD BE SUBMITTED IN TRIPLICATE PRIOR TO DECEMBER 1ST EACH YEAR.
Restrictions
NONE
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $47K | $644K | $17K | 16 |
| 2017 | $98K | $21.1M | $20.6M | 18 |
| 2018 | $105K | $14.8M | $1.4M | 20 |
| 2019 | N/A | $15.2M | $523K | N/A |
| 2020 | $179K | $18.2M | $940K | 33 |
| 2022 | $634K | $20.3M | $922K | 28 |
| 2023 | $801K | $21.8M | $266K | 3 |
| 2024 | $900K | $27.2M | $796K | 1 |
Grant Size Distribution
Based on 119 grants on record
Minimum
$1K
25th Pctl
$2K
Median
$5K
Average
$23K
75th Pctl
$6K
Maximum
$900K
Geographic Distribution
Officers & Directors
Grants Awarded (119 total)
| Purpose | ||||
|---|---|---|---|---|
| The Generosity Trust | Chattanooga, TN | $900,000 | OPERATING FUNDS | 2024 |
| The Generosity Trust | Chattanooga, TN | $775,000 | OPERATING FUNDS | 2023 |
| The Generosity Trust | Chattanooga, TN | $186,000 | OPERATING FUNDS | 2022 |
| Bible in the Schools | Chattanooga, TN | $110,000 | OPERATING FUNDS | 2022 |
| The Faith Based & Community Initiative Foundation | Chattanooga, TN | $65,000 | OPERATING FUNDS | 2022 |
| The Creative Discovery Museum | Chattanooga, TN | $60,000 | OPERATING FUNDS | 2022 |
| Siskin Hospital | Chattanooga, TN | $50,000 | OPERATING FUNDS | 2022 |
| United Way | Chattanooga, TN | $25,000 | OPERATING FUNDS | 2022 |
| The Faith Based & Community Initiative Foundation | Chattanooga, TN | $25,000 | OPERATING FUNDS | 2023 |
| Children's Hospital at Erlanger | ChatTANOOGA, TN | $25,000 | Believe Campaign | 2017 |
| United Way | Chattanooga, TN | $16,000 | OPERATING FUNDS | 2018 |
| United Way | Chattanooga, TN | $16,000 | OPERATING FUNDS | 2020 |
| United Way | Chattanooga, TN | $16,000 | OPERATING FUNDS | 2017 |
| Chambliss Center for Children | Chattanooga, TN | $15,000 | OPERATING FUNDS | 2018 |
| The Faith Based & Community Initiative Foundation | Chattanooga, TN | $15,000 | OPERATING FUNDS | 2020 |
| Chattanooga Christian School | Chattanooga, TN | $15,000 | OPERATING FUNDS | 2020 |
| Grace Academy | Chattanooga, TN | $15,000 | OPERATING FUND | 2022 |
| Medal of Honor Heritage Center | Chattanooga, TN | $15,000 | OPERATING FUNDS | 2022 |
| Charles H Coolidge Medal of Honor Heritage Center | Chattanooga, TN | $10,000 | OPERATING FUNDS | 2018 |
| Friends of Festival | Chattanooga, TN | $10,000 | OPERATING FUNDS | 2018 |
| Sts Peter and Paul Catholic Church | Chattanooga, TN | $10,000 | PARISH HALL FUND | 2018 |
| Montessory Elementary Highland Park | Chattanooga, TN | $10,000 | OPERATING FUNDS | 2020 |
| Medal of Honor Heritage Center | Chattanooga, TN | $10,000 | OPERATING FUNDS | 2020 |
| The Salvation Army | Chattanooga, TN | $10,000 | OPERATING FUNDS | 2022 |
| UC FDN - Student Success Center | Chattanooga, TN | $10,000 | OPERATING FUNDS | 2017 |