Fray Family Charitable Trust

RUSTBURG, VA EIN: 54-6450695

Fray Family Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RUSTBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 25 grants totaling $246K. Net investment income was $191K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.8M

+7.5% YoY

Annual Giving

$246K

+143.2% YoY

Grant Count

25

+56.3% YoY

Avg Grant Size

$10K

+55.7% YoY

About Fray Family Charitable Trust

Based on IRS filings

Fray Family Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RUSTBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 25 grants totaling $246K. Net investment income was $191K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

AltavistaBrooknealConcordEvingtonForestGladysLynch StationLynchburgMadison HeightsRustburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$154K$308K$461K$615K20202021202220232024
Metric202420232022
Total Assets$3,824,143$3,556,701$3,610,187
Revenue$559,306$101,345$130,446
Expenses$291,864$154,831$242,504
Qualifying Distributions$248,818$118,143$203,436
Net Investment Income$191,145$72,388$93,393
Distributable Amount$201,009$173,212$183,037

Giving Over Time

Total grant dollars and number of grants per year

$0$61K$123K$184K$246K21 grants202024 grants202123 grants202216 grants202325 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BARCC$70KCAMPBELL COUNTY EDUCATIO…$20KALTAVISTA AREACAMPBELL C…$15KCENTRA HEALTH FOUNDATION$15KCONCORD VOLUNTEER FIRE D…$12KCENTRAL VIRGINIA COMMUNI…$10KEVINGTON VOLUNTEER FIRE …$10KLYN-DAN HEIGHTS FIRE DEP…$10KCAMPBELL COUNTY TRAINING…$7KHARVEST OUTREACH CENTER …$7K

Grant Size Distribution

109 grants across all recorded years

108<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TRACY FAIRCHILDTRUSTEE2
DR KERRY W GATELEYTRUSTEE2
LISA LINTHICUMTRUSTEE2
SHERIFF WHIT CLARKTRUSTEE2
JORDAN WELBORNTRUSTEE2
DR CLAY STANLEYTRUSTEE2
KENNETH BROWNBOARD OF SUPERVISORS CHAIR2

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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