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
Ready to take the next step with Franklin Southampton Economic?
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 .
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
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Franklin Southampton Economic on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities