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
Under IRS private-foundation payout rules, Fray Family Charitable Trust reported a distributable amount of $201K for 2024 — the minimum it must pay out in qualifying distributions.
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.
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 | $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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
109 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Barcc ($70,000), Campbell County Educational Foundation ($20,000), Altavista Areacampbell County Fuller Center (fka Habitat for Humanity) ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALTAVISTA AREACAMPBELL COUNTY FULLER CENTER (FKA HABITAT FOR HUMANITY) ALTAVISTA, VA | 2024 HOME BUILD & FUTURE LAND PURCHASE | $15,000 |
| BARCC RUSTBURG, VA | NEW ANIMAL SHELTER FOR CAMPBELL COUNTY | $70,000 |
| CAMPBELL COUNTY EDUCATIONAL FOUNDATION RUSTBURG, VA | EMPOWERING CAMPBELL COUNTY STUDENTS FOR LIFELONG SUCCESS | $20,000 |
| CAMPBELL COUNTY TRAINING SCHOOL COMPLEX RUSTBURG, VA | TRAINING SCHOOL RESTORATION PROJECT | $6,500 |
| CENTRA HEALTH FOUNDATION LYNCHBURG, VA | NURSING SCHOLARSHIPS | $15,000 |
| CENTRAL VIRGINIA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC LYNCHBURG, VA | REMOVING BARRIERS & INVESTING IN CAMPBELL COUNTY STUDENTS | $10,000 |
| CONCORD VOLUNTEER FIRE DEPARTMENT CONCORD, VA | SWIFTWATER RESCUE EQUIPMENT | $11,648 |
| EVINGTON VOLUNTEER FIRE DEPARTMENT EVINGTON, VA | RESCUE JACKS/AIR BAGS EQUIPMENT | $10,000 |
| GIRLS ON THE RUN INC LYNCHBURG, VA | GIRLS ON THE RUN PROGRAM | $2,500 |
| HARVEST OUTREACH CENTER INC RUSTBURG, VA | THERAPEUTIC SUMMER PROGRAM 2025 | $6,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TRACY FAIRCHILD | TRUSTEE | 2 | — |
| DR KERRY W GATELEY | TRUSTEE | 2 | — |
| LISA LINTHICUM | TRUSTEE | 2 | — |
| SHERIFF WHIT CLARK | TRUSTEE | 2 | — |
| JORDAN WELBORN | TRUSTEE | 2 | — |
| DR CLAY STANLEY | TRUSTEE | 2 | — |
| KENNETH BROWN | BOARD OF SUPERVISORS CHAIR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Fray Family Charitable Trust?
Fray Family Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RUSTBURG, VA. It holds $3.8M in total assets as of 2024.
How large is Fray Family Charitable Trust?
As of 2024, Fray Family Charitable Trust holds $3.8M in total assets with $559K in annual revenue. It awarded 25 grants totaling $246K in 2024.
Where does Fray Family Charitable Trust operate?
Fray Family Charitable Trust has awarded grants in Virginia.
What size grants does Fray Family Charitable Trust award?
In 2024, Fray Family Charitable Trust awarded 25 grants totaling $246K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Fray Family Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fray Family Charitable Trust reported a distributable amount of $201K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fray Family Charitable Trust's EIN?
Fray Family Charitable Trust's EIN (Employer Identification Number) is 54-6450695. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Fray Family Charitable Trust'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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