Wisconsin · Nonprofit
THE VARSITY COLLECTIVE CHARITABLE FUND INC
THE VARSITY COLLECTIVE CHARITABLE FUND INC (Wisconsin) receives grants from 22 organizations whose IRS filings report $3,648,069 to it, the largest being SUSAN NICHOLAS FASCIANO FAMILY FOUNDATION INC ($1,351,000). 7 of them have funded it in more than one year.
- Revenue FY2025
- $7.6M
- Funders on record
- 22
- Grants received
- $3.6M
- Net assets
- $4.1M
What The Varsity Collective Charitable Fund Inc does
Mission
To advance the efforts and activities of charitable and educational organizations in the greater madison community by facilitating the involvement of student athletes in communication and public education; to support the development of university of wisconsin madison student athletes for future careers and responsible citizenship; to support the university's athletics program by entering into agreements with student athletes for the use of their name, image, and likeness.
As stated on its FY2025 Form 990.
Program
Support of charitable activities conducted by student-athletes in furtherance of the organization's mission, including entering into agreements with student athletes for the use of their name, image and likeness in promoting charitable organizations and the organization itself.
$5,714,771 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $5,714,771.
The organization over time
Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $806k to $2.8M (+247%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of THE VARSITY COLLECTIVE CHARITABLE FUND INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (82% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2022 → 2023: the base broadened from 2 funders to 8 funders, grant income fell $755k → $348k.
12 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 19% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THE VARSITY COLLECTIVE CHARITABLE FUND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE VARSITY COLLECTIVE CHARITABLE FUND INC leans on a few funders — its largest provides 37% of grant income and the top three 70%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2022 99% · 2023 72% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
THE VARSITY COLLECTIVE CHARITABLE FUND INC draws 59% of its grant income from funders outside Wisconsin, across 6 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $695k arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE VARSITY COLLECTIVE CHARITABLE FUND INC has grown faster than three-quarters of the 1,504 philanthropy nonprofits its size.
this organization peer median middle 50% of peers· 1,504 philanthropy nonprofits $1M–$10M, FY2025
Organizations like THE VARSITY COLLECTIVE CHARITABLE FUND INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Wisconsin
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
94% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 27 states
Screen this organization
A dated, signed PDF of the compliance screen for THE VARSITY COLLECTIVE CHARITABLE FUND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE VARSITY COLLECTIVE CHARITABLE FUND INC?
- THE VARSITY COLLECTIVE CHARITABLE FUND INC (Wisconsin) receives grants from 22 organizations whose IRS filings report $3,648,069 to it, the largest being SUSAN NICHOLAS FASCIANO FAMILY FOUNDATION INC ($1,351,000). 7 of them have funded it in more than one year.
- How many funders does THE VARSITY COLLECTIVE CHARITABLE FUND INC have?
- IRS filings report 22 organizations giving $3,648,069 in grants to THE VARSITY COLLECTIVE CHARITABLE FUND INC, 7 of which have funded it in more than one year.
- Who is the largest funder of THE VARSITY COLLECTIVE CHARITABLE FUND INC?
- SUSAN NICHOLAS FASCIANO FAMILY FOUNDATION INC is the largest funder on record, with $1,351,000 in grants. The full list of funders is on this page.
- How can an organization like THE VARSITY COLLECTIVE CHARITABLE FUND INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Varsity Collective →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 22 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing