The Horace G Fralin Charitable Trust

Organization Overview

The Horace G Fralin Charitable Trust is located in Roanoke, VA. 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. Horace G Fralin Charitable Trust 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 12/2023, Horace G Fralin Charitable Trust generated $1.3m 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 (8.7%) each year. All expenses for the organization totaled $4.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
W Heywood Fralin
Co-Trustee
$0
William H Fralin
Co-Trustee
$0
Robert P Fralin
Co-Trustee
$0
Katherine F Walker
Co-Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $676,123
Dividends & Interest $555,983
Net Rental Income$0
Net Gain on Sale of Assets -$505,427
Capital Gain Net Income $0
Net ST Capital Gain $233,607
Income Modifications $0
Profit on Inventory Sales $0
Other Income $524,896
Total Revenue $1,251,575

Peer Organizations

Organization NameAssets
The Ezrah Charitable Trust
Charlotte, NC
$316,101,045
Bolick Foundation
Conover, NC
$7,537,966
Young Mens Christian Association Of The Chesapeake Inc
Easton, MD
$23,391,528
Aviv Foundation Inc
Washington, DC
$16,769,963
Manning Family Foundation
Charlottesville, VA
$5,624,625
Pyramid Peak Foundation
Memphis, TN
$983,586
Breakthrough Prize In Life Sciences Foundation
Washington, DC
$14,846,831
Robert E And Jenny D Kirkland Found
Union City, TN
$10,828,232
The Haslam 3 Foundation Inc
Knoxville, TN
$12,489,767
De Beaumont Foundation Inc
Bethesda, MD
$10,438,308
Eugene B Casey Foundation
Rockville, MD
$79,367,213
Revada Foundation
Alexandria, VA
$3,258,811
Euphonium Foundation
Washington, DC
$798,189
Scarlett Family Foundation
Nashville, TN
$11,491,025
Speer Foundation
Brentwood, TN
$6,876,925
Bill And Crissy Haslam Foundation
Knoxville, TN
$10,642,071
Goodnight Educational Foundation
Cary, NC
$6,481,834
Fellowship Foundation Inc
Arlington, VA
$9,389,532
Sylvan C Herman Foundation Inc
Washington, DC
$16,784,726
New Mighty Foundation
Washington, DC
$24,090,146
Hazel Ruby Mcquain Charitable Tr
Morgantown, WV
$9,092,496
Laszlo N Tauber Family Foundation Inc
North Bethesda, MD
$2,923,333
Charles Koch Foundation Ii
Arlington, VA
$13,641
Foundation For The Greatest Good
Fulton, MD
-$149,011
Osprey Foundation Inc
Towson, MD
$3,390,411

Create an account to unlock the data you need.

or