The Frank W Holas Charitable Trust
The Frank W Holas Charitable Trust is a private foundation, based in Ashland, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $85K in total assets. In 2024, it awarded 22 grants totaling $51K. Net investment income was $65K.
Key facts about The Frank W Holas Charitable Trust
- EIN
- 36-3496207
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $51,000
- Grants made (2024)
- 22
- Average grant
- $2,318
- Median grant
- $2,250
- New grantees (estimate)
- 14% first-time grantees (3 of 22, 2024)
- Total assets
- $85,356
- Primary geography
- Georgia (26% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Frank W Holas Charitable Trust funds
By grant dollars, the top recipient states for The Frank W Holas Charitable Trust's 22 itemized 2024 grants were Georgia (26%), Massachusetts (14%) and Florida (13%). The most frequent recipient cities were Boston, MA (3 grants) and Bonita Springs, FL (2 grants). None of its 22 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (22 grants).
Is The Frank W Holas Charitable Trust open to new grantees?
14%
first-time grantees, 2024
In 2024, 3 of 22 grantees (14%) were first-time recipients. First grants averaged $2K; repeat grants $2K. How we count
Medians: $2K first-time, $3K repeat.
- 68% of 2024 grantees were also funded in 2023. Method
- Giving fell 31% from 2021 to 2024. Method
- In 2024 it paid out 332% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Frank W Holas Charitable Trust
- How to evaluate The Frank W Holas Charitable Trust as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$85K
-1.4% YoY
Annual Giving
$51K
-13.3% YoY
Grant Count
22
-4.3% YoY
Avg Grant Size
$2K
-9.4% YoY
Under IRS private-foundation payout rules, The Frank W Holas Charitable Trust reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.
About The Frank W Holas Charitable Trust
Based on IRS filings
The Frank W Holas Charitable Trust is a private foundation, based in Ashland, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $85K in total assets. In 2024, it awarded 22 grants totaling $51K. Net investment income was $65K.
Ready to take the next step with The Frank W Holas Charitable Trust?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 22 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $85,356 | $86,549 | $120,180 |
| Revenue | $68,152 | $49,477 | $78,153 |
| Expenses | $69,345 | $83,108 | $61,472 |
| Qualifying Distributions | $51,000 | $58,850 | $39,701 |
| Net Investment Income | $65,002 | $45,932 | $73,480 |
| Distributable Amount | $15,364 | $879 | $21,706 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients include St Jude Children's Research Hospital ($5,500), Shepard Center ($5,000), American Cancer Society ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST JUDE CHILDREN'S RESEARCH HOSPITAL Memphis, TN | CHARITABLE | $5,500 |
| SHEPARD CENTER Atlanta, GA | CHARITABLE | $5,000 |
| AMERICAN CANCER SOCIETY Kennesaw, GA | CHARITABLE | $4,000 |
| SALVATION ARMY West Nyack, NY | CHARITABLE | $4,000 |
| ALINA LODGE FOUNDATION Hardwick Township, NJ | CHARITABLE | $3,000 |
| SAMARITAN'S PURSE Boone, NC | CHARITABLE | $3,000 |
| SHADOW WOOD FUND Bonita Springs, FL | CHARITABLE | $3,000 |
| DANA FARBER CANCER Boston, MA | CHARITABLE | $2,500 |
| HABITAT FOR HUMANITY Americus, GA | CHARITABLE | $2,500 |
| HUMANE SOCIETY Washington, DC | CHARITABLE | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Valerie Murphy | Trustee | 1 | $5,000 |
| Brad Holas | Trustee | 1 | $5,000 |
| Craig Holas | Trustee | 1 | $5,000 |
Frequently Asked Questions
How large is The Frank W Holas Charitable Trust?
As of 2024, The Frank W Holas Charitable Trust holds $85K in total assets with $68K in annual revenue. It awarded 22 grants totaling $51K in 2024.
Where does The Frank W Holas Charitable Trust operate?
The Frank W Holas Charitable Trust has awarded grants in Arizona, District of Columbia, Florida, Georgia, Illinois, Massachusetts, Maryland, North Carolina, New Jersey, New York, Pennsylvania, South Carolina, Tennessee, Virginia.
What size grants does The Frank W Holas Charitable Trust award?
In 2024, The Frank W Holas Charitable Trust awarded 22 grants totaling $51K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Frank W Holas Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Frank W Holas Charitable Trust reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Frank W Holas Charitable Trust's EIN?
The Frank W Holas Charitable Trust's EIN (Employer Identification Number) is 36-3496207. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.