Franklin Southampton Economic
47TO DIVERSIFY THE ECONOMY, CREATE HIGH QUALITY JOBS, AND PROVIDE A FUTURE FOR THE FAMILIES AND YOUTH OF FRANKLIN AND SOUTHAMPTON COUNTY.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.1M
-8.7% YoY
Revenue
$438K
-2.4% YoY
Net Investment Income
$39K
+5.5% YoY
Expenses
$552K
+11.3% YoY
About Franklin Southampton Economic
Based on IRS filings
Franklin Southampton Economic is a nonprofit organization focused on Community Improvement & Capacity Building, based in FRANKLIN, VA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.1M in total assets. Net investment income was $39K.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,093,648 | $1,197,978 | $1,240,197 |
| Revenue | $438,136 | $449,138 | $388,962 |
| Expenses | $551,723 | $495,513 | $450,990 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $39,136 | $37,098 | $10,362 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Open Grants
2 open opportunities from Franklin Southampton Economic
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARSHALL RABIL | TREASURER | 1 | — |
| MEGHAN COUNCILL | CHAIRMAN | 1 | — |
| ROBERT POPE | SECRETARY | 1 | — |
| BRIAN HEDGEPETH | VICE CHAIRMAN | 1 | — |
| WILL HOLT | DIRECTOR | 1 | — |
| KARL HECK | PRESIDENT | 40 | $97,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Franklin Southampton Economic?
Franklin Southampton Economic is a nonprofit organization focused on Community Improvement & Capacity Building, based in FRANKLIN, VA. It holds $1.1M in total assets as of 2025.
How large is Franklin Southampton Economic?
As of 2025, Franklin Southampton Economic holds $1.1M in total assets with $438K in annual revenue.
Where does Franklin Southampton Economic operate?
Franklin Southampton Economic has awarded grants in Virginia.
What is Franklin Southampton Economic's EIN?
Franklin Southampton Economic's EIN (Employer Identification Number) is 13-4311862. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Franklin Southampton Economic'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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