Fay S Hoy Charitable Remainder Tr is a private foundation focused on Human Services, based in BLACKSBURG, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $396K in total assets. In 2024, it awarded 8 grants totaling $35K. Net investment income was $51K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$396K
+4.0% YoY
Annual Giving
$35K
-26.9% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$4K
-26.9% YoY
Under IRS private-foundation payout rules, Fay S Hoy Charitable Remainder Tr reported a distributable amount of $37K for 2024 — the minimum it must pay out in qualifying distributions.
About Fay S Hoy Charitable Remainder Tr
Based on IRS filings
Fay S Hoy Charitable Remainder Tr is a private foundation focused on Human Services, based in BLACKSBURG, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $396K in total assets. In 2024, it awarded 8 grants totaling $35K. Net investment income was $51K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $395,818 | $380,720 | $383,057 |
| Revenue | $59,720 | $56,594 | $28,205 |
| Expenses | $44,700 | $58,827 | $22,899 |
| Qualifying Distributions | $34,993 | $47,278 | $14,151 |
| Net Investment Income | $51,092 | $48,589 | $19,826 |
| Distributable Amount | $36,911 | $34,577 | $36,530 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Blacksburg United Methodist Church ($8,644), Prices Fork United Methodist Church ($5,186), New River Family Shelter ($3,458).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW RIVER FAMILY SHELTER BLACKSBURG, VA | OPERATING FUNDS | $3,458 |
| FREE CLINIC OF THE NEW RIVER VALLEY CHRISTIANSBURG, VA | OPERATING FUNDS | $3,458 |
| UNITED DAUGHTERS OF THE CONFEDERACY RICHMOND, VA | OPERATING FUNDS | $3,458 |
| BLACKSBURG UNITED METHODIST CHURCH BLACKSBURG, VA | OPERATING FUNDS | $8,644 |
| BLACKSBURG INTERFAITH FOOD PANTRY RADFORD, VA | OPERATING FUNDS | $3,458 |
| HUMANE SOCIETY OF MONTGOMERY COUNTY BLACKSBURG, VA | OPERATING FUNDS | $3,458 |
| PRICES FORK UNITED METHODIST CHURCH BLACKSBURG, VA | OPERATING FUNDS | $5,186 |
| HABITAT FOR HUMANITY INC OF NRV CHRISTIANSBURG, VA | OPERATING FUNDS | $3,458 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Fay S Hoy Charitable Remainder Tr?
Fay S Hoy Charitable Remainder Tr is a private foundation focused on Human Services, based in BLACKSBURG, VA. It holds $396K in total assets as of 2024.
How large is Fay S Hoy Charitable Remainder Tr?
As of 2024, Fay S Hoy Charitable Remainder Tr holds $396K in total assets with $60K in annual revenue. It awarded 8 grants totaling $35K in 2024.
Where does Fay S Hoy Charitable Remainder Tr operate?
Fay S Hoy Charitable Remainder Tr has awarded grants in Virginia.
What size grants does Fay S Hoy Charitable Remainder Tr award?
In 2024, Fay S Hoy Charitable Remainder Tr awarded 8 grants totaling $35K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Fay S Hoy Charitable Remainder Tr required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fay S Hoy Charitable Remainder Tr reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fay S Hoy Charitable Remainder Tr's EIN?
Fay S Hoy Charitable Remainder Tr's EIN (Employer Identification Number) is 85-6607375. IRS Form 990 filing data is available on this page for 2021–2024.
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Browse active grant opportunities in Fay S Hoy Charitable Remainder Tr's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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