Horace G Fralin Charitable Trust
EIN 541509505Total Given 2020–2024
$14.2M
5 grants · $2.8M avg/year
based on 5 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$3.0M
typical big bets · $1.1M–$4.0M
grant size
100%
deep partner · 1/1 multi-year
repeat
$50.0M
Assets (2024)
1
Distinct Recipients
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Contact Person
W HEYWOOD FRALIN
Phone
(540) 776-7444
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | $1.1M | $47.9M | $-600K | 1 |
| 2021 | $5.0M | $57.0M | $5.1M | 1 |
| 2022 | $1.0M | $47.2M | $2.2M | 1 |
| 2023 | $4.0M | $49.4M | $1.3M | 1 |
| 2024 | $3.0M | $50.0M | $4.8M | 1 |
Grant Size Distribution
Based on 5 grants on record
Minimum
$1.0M
25th Pctl
$1.1M
Median
$3.0M
Average
$2.8M
75th Pctl
$4.0M
Maximum
$5.0M
Geographic Distribution
Officers & Directors
Grants Awarded (5 total)
| Purpose | ||||
|---|---|---|---|---|
| Virginia Tech Foundation | Blacksburg, VA | $5,000,000 | ENDOWMENT FUND | 2021 |
| Virginia Tech Foundation | Blacksburg, VA | $4,000,000 | ENDOWMENT FUND | 2023 |
| Virginia Tech Foundation | Blacksburg, VA | $3,000,000 | ENDOWMENT FUND | 2024 |
| Virginia Tech Foundation | Blacksburg, VA | $1,150,000 | ENDOWMENT FUND | 2020 |
| Virginia Tech Foundation | Blacksburg, VA | $1,000,000 | ENDOWMENT FUND | 2022 |