Ralph & Virginia Homan Memorial Trust

WHEELING, WV EIN: 61-6156315

Ralph & Virginia Homan Memorial Trust is a private foundation, based in WHEELING, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $180K in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $16K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$180K

+0.8% YoY

Annual Giving

$10K

-2.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$10K

-2.8% YoY

Under IRS private-foundation payout rules, Ralph & Virginia Homan Memorial Trust reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About Ralph & Virginia Homan Memorial Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $51K (100%)

States

Kentucky

Cities

Lawrenceburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$179,715	$178,201	$164,523
Revenue	$17,680	$10,066	$12,395
Expenses	$13,169	$12,889	$15,188
Qualifying Distributions	$11,450	$11,586	$12,977
Net Investment Income	$16,206	$8,764	$11,096
Distributable Amount	$13,020	$11,298	$11,590

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ralph and Virginia Homan Commitee ($10,013).

Recipient	Purpose	Amount
RALPH AND VIRGINIA HOMAN COMMITEE LAWRENCEBURG, KY	BENEFIT THE POOR & NEEDY OF	$10,013

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Ralph & Virginia Homan Memorial Trust?

As of 2024, Ralph & Virginia Homan Memorial Trust holds $180K in total assets with $18K in annual revenue. It awarded 1 grants totaling $10K in 2024.

Where does Ralph & Virginia Homan Memorial Trust operate?

Ralph & Virginia Homan Memorial Trust has awarded grants in Kentucky.

What size grants does Ralph & Virginia Homan Memorial Trust award?

In 2024, Ralph & Virginia Homan Memorial Trust awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Ralph & Virginia Homan Memorial Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ralph & Virginia Homan Memorial Trust reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ralph & Virginia Homan Memorial Trust's EIN?

Ralph & Virginia Homan Memorial Trust's EIN (Employer Identification Number) is 61-6156315. IRS Form 990 filing data is available on this page for 2020–2024.