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Nonprofit · EIN 54-1509505

THE HORACE G FRALIN CHARITABLE TRUST

Tax-exempt · ROANOKE, VA 24018

Financials

$1.3M$4.6M2023$4.8M$3.8M2024
Revenue Expenses · by fiscal year end
Financials of THE HORACE G FRALIN CHARITABLE TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$4,753,263$3,822,241$931,022$43,668,328$0$43,668,328
December 31, 2023990-PF$1,251,575$4,627,073-$3,375,498$34,444,054$0$34,444,054
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$283,404
Interest
$476,202
Net gain from sales of assets
$3,766,999
Other income
$226,658

Expenses

Grants and similar amounts paid
$3,000,180
Compensation of officers, directors and key employees
$48,000
Disbursements for charitable purposes
$3,000,180
Excise tax on investment income
$57,256

Balance sheet and other

Total assets, start of year
$34,444,054
Total assets, end of year
$43,668,328
Total liabilities, end of year
$0
Net assets, end of year
$43,668,328
Fair market value of assets
$49,984,799
Qualifying distributions
$3,000,180
Net investment income
$4,596,588

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM H FRALIN
PO BOX 29600, ROANOKE, VA 24018
CO-TRUSTEE0$16,000
ROBERT P FRALIN
PO BOX 29600, ROANOKE, VA 24018
CO-TRUSTEE0$16,000
KATHERINE F WALKER
PO BOX 29600, ROANOKE, VA 24018
CO-TRUSTEE0$16,000
W HEYWOOD FRALIN
PO BOX 29600, ROANOKE, VA 24018
CO-TRUSTEE0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
W HEYWOOD FRALIN
PO BOX 29600, ROANOKE, VA 24018
CO-TRUSTEE0$0
WILLIAM H FRALIN
PO BOX 29600, ROANOKE, VA 24018
CO-TRUSTEE0$0
ROBERT P FRALIN
PO BOX 29600, ROANOKE, VA 24018
CO-TRUSTEE0$0
KATHERINE F WALKER
PO BOX 29600, ROANOKE, VA 24018
CO-TRUSTEE0$0

Address and contacts

Address (IRS master file)
PO BOX 29600, ROANOKE, VA 24018-0796
Signed the 990-PF
W HEYWOOD FRALIN, CO-TRUSTEE
Phone
(540) 776-7444
Return prepared by
SPENCER HAGER & MOSDELL PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
54-1509505
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1989
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$43,668,328
Income (IRS master file)
$4,900,880

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$4,753,263$3,822,241$43,668,328XML
990-TDecember 2024–––IRS
990-PFDecember 2023$1,251,575$4,627,073$34,444,054XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1509505).

Questions about THE HORACE G FRALIN CHARITABLE TRUST

What is the EIN of THE HORACE G FRALIN CHARITABLE TRUST?
The employer identification number (EIN) of THE HORACE G FRALIN CHARITABLE TRUST is 54-1509505.
Is THE HORACE G FRALIN CHARITABLE TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to THE HORACE G FRALIN CHARITABLE TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE HORACE G FRALIN CHARITABLE TRUST file?
Form 990-PF. Private foundations file every year.
When is the next return of THE HORACE G FRALIN CHARITABLE TRUST due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE HORACE G FRALIN CHARITABLE TRUST last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of THE HORACE G FRALIN CHARITABLE TRUST?
The 990-PF for the year ended December 31, 2024 lists 4 people; 3 received compensation from the organization, the highest $16,000 (WILLIAM H FRALIN, CO-TRUSTEE).
How much revenue does THE HORACE G FRALIN CHARITABLE TRUST have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,753,263, expenses of $3,822,241 and total assets of $43,668,328 at year end.

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