Skip Viragh Foundation Inc
- Assets
- $264.6m
- Revenue
- $12.2m
- Investments
- $260.1m
- Employees
- 0
- Location
- Reno, NV
- Founding
- 02/2007
- Data as of
- 06/2020
- EIN
- 20-8044292
Skip Viragh Foundation Inc Overview
Skip Viragh Foundation Inc is located in Reno, NV. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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.
For the year ending 06/2020, Skip Viragh Foundation Inc generated $12.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $31.9m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Skip Viragh Foundation Inc has awarded 139 individual grants totaling $71,935,742. 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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Skip Viragh Foundation Inc Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger E Young Vice President | 30 | $150,000 | |
Katherine A Viragh Secretary | 30 | $150,000 | |
Mark S Viragh President | 30 | $150,000 |
Skip Viragh Foundation Inc Vendors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ubs Financial Services | 6/29/20 | $193,636 |
Young Brophy Pc | 6/29/20 | $160,687 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,737,564 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,240,520 |
| Capital Gain Net Income | $5,240,520 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $179,812 |
| Total Revenue | $12,157,896 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $450,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $49,575 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,102 |
| Printing and publications | $0 |
| Other expenses | $1,871,791 |
| Total operating and administrative expenses | $2,765,731 |
| Contributions, gifts, grants paid | $29,180,035 |
| Total expenses and disbursements | $31,945,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,418,578 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $260,147,882 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $264,566,460 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Skip Viragh Foundation Inc Grants Awarded
Over the last fiscal year, Skip Viragh Foundation Inc has awarded $29,180,035 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
Manhattan Beach, CA PURPOSE: RESEARCH ACCELERATION NETWORK GRANT - 3 YEAR COMMITTMENT | $5,166,667 |
HELPING UP MISSION PURPOSE: PROVIDES A VARIETY OF SERVICES TO THE HOMELESS, AND SUPPORT BUILDING CONSTRUCTION | $5,100,000 |
GO2 FOUNDATION FOR LUNG CANCER PURPOSE: PROVIDE THE FUND FOR SCREENING, CARE,EDUCATION,OUTREACH AND RESEARCH PROGRAMS | $3,000,000 |
INJURED MARINE SEMPER FI FUND PURPOSE: EDUCATION AND CAREER TRANSITION ASSISTANCE | $2,100,000 |
Temecula, CA PURPOSE: PROVIDE THE FUND TO PURCHASE THE NEW REAL PROPERTY | $1,800,000 |
Eureka, MO PURPOSE: TO SUPPORT PROGRAM DEDICTED TO SERVING TEENS FROM DISADVANTAGED CIRCUMSTANCES. | $1,762,359 |
Skip Viragh Foundation Inc Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Energy Foundation San Francisco, CA | $101,883,000 | $125,609,558 |
Gerson Bakar Foundation San Francisco, CA | $820,628,561 | $470,431,818 |
Helen And Sanford Diller Family Foundation San Mateo, CA | $0 | $103,100,333 |
Koum Family Foundation Menlo Park, CA | $1,835,620,491 | $59,731,479 |
Knight Foundation Beaverton, OR | $2,272,552,214 | $887,142,889 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $585,768,391 | $128,642,441 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,342,598,467 | $238,519,173 |
H&h Evergreen Foundation Menlo Park, CA | $393,647,714 | $39,435,652 |
Virginia G Piper Charitable Trust 08-11-95 Phoenix, AZ | $0 | $20,303,134 |
The David Geffen Foundation Los Angeles, CA | $561,463,212 | $85,583,701 |
California Physicians Service Foundation San Francisco, CA | $102,893,620 | $51,076,766 |
Stupski Foundation San Francisco, CA | $238,777,806 | $15,248,358 |
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