Olin & Muriel Prather Charitable

Foundation · Grantmaker ABINGDON, VA EIN: 38-3018982

Olin & Muriel Prather Charitable is a private foundation, based in ABINGDON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $871K in total assets. In 2024, it awarded 20 grants totaling $40K. Net investment income was $37K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$871K

+4.3% YoY

Annual Giving

$40K

+0.0% YoY

Grant Count

20

-4.8% YoY

Avg Grant Size

$2K

+5.0% YoY

Under IRS private-foundation payout rules, Olin & Muriel Prather Charitable reported a distributable amount of $109K for 2024 — the minimum it must pay out in qualifying distributions.

About Olin & Muriel Prather Charitable

Based on IRS filings

Olin & Muriel Prather Charitable is a private foundation, based in ABINGDON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $871K in total assets. In 2024, it awarded 20 grants totaling $40K. Net investment income was $37K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AbingdonBooneBristolColorado SpringsGrand RapidsJacksonvilleKalamazooKalamozooKingsportLasalleMattawanMilligan CollegeMonroeParkersburgPasadenaPaw PawPrestonsburgPurcellvilleWyoming

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$60K$120K$180K$240K20202021202220232024
Metric202420232022
Total Assets$870,712$834,845$740,700
Revenue$155,973$218,221$163,582
Expenses$117,974$124,076$191,337
Qualifying Distributions$102,036$106,786$173,341
Net Investment Income$36,890$139,185$22,800
Distributable Amount$109,418$89,265$88,152

Giving Over Time

Total grant dollars and number of grants per year

$0$28K$55K$83K$110K18 grants202028 grants202128 grants202221 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PEREGRINE-HUFF FOUNDATION$8KBIG SANDY COLLEGE ED FOU…$4KDEWEY DAM DOG & CAT PROT…$4KWILLIAM KING MUSEUM OF ART$4KMORRISON SCHOOL$4KSYMPHONY OF THE MOUNTAINS$3KHUMANE SOCIETY OF PAKERS…$3KBARTER THEATRE$2KPATRICK HENRY COLLEGE$2KWOMEN AT RISK INTERNATIO…$1K

Grant Size Distribution

115 grants across all recorded years

115<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Peregrine-huff Foundation ($8,000), Big Sandy College Ed Foundations ($4,000), Dewey Dam Dog & Cat Protection ($4,000).

RecipientPurposeAmount
SYMPHONY OF THE MOUNTAINS KINGSPORT, TNCHARITABLE CONTRIBUTION$3,000
KALAMAZOO GOSPEL MISSION KALAMAZOO, MICHARITABLE CONTRIBUTION$500
BIG SANDY COLLEGE ED FOUNDATIONS PRESTONSBURG, KYCHARITABLE CONTRIBUTION$4,000
DEWEY DAM DOG & CAT PROTECTION PRESTONSBURG, KYCHARITABLE CONTRIBUTION$4,000
BARTER THEATRE ABINGDON, VACHARITABLE CONTRIBUTION$2,000
MILLIGAN COLLEGE MILLIGAN COLLEGE, TNSCHOLARSHIP$500
WILLIAM KING MUSEUM OF ART ABINGDON, VACHAIRITABLE CONTRIBUTION$4,000
PEREGRINE-HUFF FOUNDATION KALAMAZOO, MICHAIRITABLE CONTRIBUTION$8,000
WOMEN AT RISK INTERNATIONAL WYOMING, MICHAIRABLE CONTRIBUTION$1,000
SELAHS CENTER OF HOPE MONROE, MICHAIRITABLE CONTRIBUTION$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DANIEL J MOYLE JRPRESIDENT
THOMAS T HUFFSECRETARY
THOMAS M HICOKTREASURER
BRUCE PRATHERDIRECTOR
JAMES A COMBSVICE PRESIDE

Frequently Asked Questions

How large is Olin & Muriel Prather Charitable?

As of 2024, Olin & Muriel Prather Charitable holds $871K in total assets with $156K in annual revenue. It awarded 20 grants totaling $40K in 2024.

Where does Olin & Muriel Prather Charitable operate?

Olin & Muriel Prather Charitable has awarded grants in California, Colorado, Kentucky, Michigan, North Carolina, Tennessee, Virginia, West Virginia.

What size grants does Olin & Muriel Prather Charitable award?

In 2024, Olin & Muriel Prather Charitable awarded 20 grants totaling $40K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Olin & Muriel Prather Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Olin & Muriel Prather Charitable reported a distributable amount of $109K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Olin & Muriel Prather Charitable's EIN?

Olin & Muriel Prather Charitable's EIN (Employer Identification Number) is 38-3018982. IRS Form 990 filing data is available on this page for 2020–2024.

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

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