The Horizon Foundation Inc
The Horizon Foundation Inc is a private foundation based in Grundy, Virginia. Its 2025 grants included scholarships and support for charitable organizations, including churches, educational institutions, and community and health-related organizations.
The Horizon Foundation Inc at a glance
In short: The Horizon Foundation Inc gave $1.1M across 38 grants in 2025 (avg $30K), mostly in West Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,127,634
- +19.7% vs 2024
- Grants made (2025)
- 38
- -7.3% vs 2024
- Average grant
- $29,675
- +29.1% vs 2024
- Median grant
- $10,000
- Total assets
- $14,487,237
- -4.7% vs 2024
- Primary geography
- West Virginia (51% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
How to apply to The Horizon Foundation Inc
- How to Apply
-
Applicants should complete the application form designed and distributed by the foundation and attach the materials requested in it. Scholarship recipients must be graduating high-school or higher-education students who demonstrate financial need and good character; preference is given to special education students. Recipients must enroll at least half-time at an accredited U.S. community college, vocational school, or four-year college or university, and must not be related by blood, adoption, or marriage to a foundation officer, director, or employee. The filing states there are no race-based selection restrictions and no other award restrictions for charitable organizations. The foundation does not restrict giving to preselected organizations.
- Contact
Application contact: John W Groseclose
Mailing address: 1503 Slate Creek Road, Grundy, VA 24614
Phone: (276) 935-6455
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Horizon Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Coalfield Health Foundation ($500K). Together the top 10 received $868K.
Organizations only. It also paid 2 individual scholarships ($54,994), which are not listed by name.
Grant Size Distribution
163 grants across all recorded years
The most common grant size was under $50K: 145 grants of 163 (89%).
Geographic Focus
Where this funder awards grants
In 2025, 51% of grant dollars went to recipients in West Virginia and 36% to recipients in an individual recipient received 4%, Kentucky 3%, and Texas 2%.
Grant Distribution by State
Share of 2025 grant dollars across all 38 itemized grants.
States
Cities
How The Horizon Foundation Inc gives
- 88% of 2025 grantees were also funded in 2024. Method
- Giving grew 148% from 2022 to 2025. Method
- In 2025 it paid out 137% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $400K (2020) to $1.2M (2023). In 2025 it made 38 grants totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Coalfield Health Foundation Bluefield, WV | Operating Expenses | $500,000 |
| Buchanan First Presby Church Grundy, VA | Scholorship Fund | $144,000 |
| Grundy Baptist Church Grundy, VA | Unresticted | $40,000 |
| Vansant Church of Christ Vansant, VA | Unrestricted | $40,000 |
| University of KY Lexington, KY | Scholarships | $32,854 |
| 2 individual scholarships Recipients not named | — | $54,994 |
| Appalachian Teen Challenge Princeton, WV | Unrestricted | $25,000 |
| Maranatha Christian Princeton, WV | Operating Expenses | $25,000 |
| Hub on Campus - Blacksburg Blacksburg, VA | Scholarship | $21,540 |
| Boysgirls Club of Central Appalach Grundy, VA | Unrestricted | $20,000 |
Ready to take the next step with The Horizon Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $14,487,237 | $745,576 | $1,458,410 | $1,127,634 | 38 | $1,263,191 | $541,665 | $920,866 |
| 2024 | $15,200,069 | $496,461 | $1,419,466 | $942,163 | 41 | $1,206,423 | $295,862 | $882,245 |
| 2023 | $16,123,074 | $1,196,765 | $1,627,158 | $1,240,056 | 38 | $1,239,495 | $275,349 | $848,959 |
| 2022 | $16,553,467 | $1,512,145 | $665,184 | $454,308 | 14 | $465,475 | $288,245 | $889,693 |
| 2021 | $15,706,506 | $1,101,366 | $1,277,731 | $1,032,222 | 32 | $1,051,234 | $237,450 | $963,240 |
| 2020 | $15,882,871 | $1,619,323 | $695,146 | $400,000 | 8 | — | $230,115 | $810,446 |
Under IRS private-foundation payout rules, The Horizon Foundation Inc reported a distributable amount of $921K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for scholarships, operating expenses, and unrestricted charitable purposes. The grantees’ own descriptions illustrate the range of organizations supported: An individual recipient State University’s stated mission is to support the university and its students; Appalachian College of Pharmacy says it provides pharmacy education to address health-related needs in rural and underserved communities, particularly in Appalachia; and Upon the Rock Ministries says it operates a church that also serves as a community center.
Other 2025 recipients include Mountain Mission School, which describes itself as a child-care facility comprising a home, school, and church for children with needs, and Samaritan’s Purse, which describes itself as a nondenominational evangelical Christian organization providing spiritual and physical aid.
Grantmaking
In 2025, the foundation awarded 38 grants totaling $1,127,634. Grants ranged from $2,500 to $500,000, with a median of $10,000.
The largest grants included $500,000 to Coalfield Health Foundation for operating expenses; $144,000 to Buchanan First Presbyterian Church for a scholarship fund; and $40,000 each to Grundy Baptist Church for unrestricted purposes and Vansant Church of Christ for unrestricted purposes. Other notable awards included $32,854 to the University of Kentucky for scholarships, $32,711 to an individual recipient State University for a scholarship, and $25,000 each to Appalachian Teen Challenge for unrestricted purposes and Maranatha Christian for operating expenses.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists John Groseclose as President/Trustee and Lois Shanahan as Secretary.
The Horizon Foundation Inc is led by John Groseclose, President on every filing since 2020; 1 of 2 officers listed in 2025 is compensated.
Officers on the 2025 filing
John Groseclose
President
On filings since 2020
1 hr/week
$94K (2020) → $0 (2025)
Lois Shanahan
Secretary
On filings since 2020
1 hr/week
$24K (2020) → $127K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $127K, to Lois Shanahan (Secretary).
Frequently asked questions about The Horizon Foundation Inc
How much does The Horizon Foundation Inc give each year?
The Horizon Foundation Inc gave $1.1M across 38 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $942K across 41 grants.
What is The Horizon Foundation Inc's typical grant size?
The Horizon Foundation Inc's median grant in 2025 was $10,000, and its average grant was $29,675, across 38 grants on its 2025 IRS Form 990-PF.
Where does The Horizon Foundation Inc give grants?
The Horizon Foundation Inc gives mostly in West Virginia: 51% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Virginia (36%). The most frequent recipient cities were Grundy, VA (6 grants), Princeton, WV (4 grants), Bluefield, VA (3 grants) and Blacksburg, VA (2 grants).
Does The Horizon Foundation Inc give general operating support?
Yes: 53% of The Horizon Foundation Inc's 2025 grants with a stated purpose (20 of 38) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Scholarships" (10 grants) and "Scholarship" (6 grants).
Who are The Horizon Foundation Inc's largest grantees?
The Horizon Foundation Inc's largest 2025 grantees include Coalfield Health Foundation ($500,000), Buchanan First Presby Church ($144,000) and Grundy Baptist Church ($40,000), according to its 2025 IRS Form 990-PF. It also paid 2 individual scholarships ($54,994), which are not listed by name. Together they received 61% of its itemized 2025 grant dollars.
How large is The Horizon Foundation Inc?
The Horizon Foundation Inc reported $14.5M in total assets on its 2025 IRS Form 990-PF. It paid out $1.3M in qualifying distributions that year, against a required minimum of $921K (roughly 5% of its investment assets).
What does The Horizon Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants show support for scholarships, operating expenses, and unrestricted charitable purposes. See mission & focus areas ↑
How do I apply for a grant from The Horizon Foundation Inc?
Applicants should complete the application form designed and distributed by the foundation and attach the materials requested in it. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Horizon Foundation Inc's EIN?
The Horizon Foundation Inc's EIN (Employer Identification Number) is 54-2043359. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 21, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
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Cite this profile
Grantable. (2026). The Horizon Foundation Inc funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/the-horizon-foundation-inc-morg_5870f6bd39044af2896377c8fa62cd52
BibTeX
@misc{grantable_542043359_2026,
author = {{Grantable}},
title = {{The Horizon Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-horizon-foundation-inc-morg_5870f6bd39044af2896377c8fa62cd52},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Horizon Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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