The Walter Franklin and Dorothy G
The Walter Franklin and Dorothy G is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVINGTON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $165K in total assets. In 2024, it awarded 16 grants totaling $40K. Net investment income was $14K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$165K
-13.4% YoY
Annual Giving
$40K
+14.3% YoY
Grant Count
16
+14.3% YoY
Avg Grant Size
$3K
+0.0% YoY
Under IRS private-foundation payout rules, The Walter Franklin and Dorothy G reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.
About The Walter Franklin and Dorothy G
Based on IRS filings
The Walter Franklin and Dorothy G is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVINGTON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $165K in total assets. In 2024, it awarded 16 grants totaling $40K. Net investment income was $14K.
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 | $165,462 | $191,049 | $168,750 |
| Revenue | $19,632 | $62,861 | $40,052 |
| Expenses | $45,219 | $40,562 | $42,853 |
| Qualifying Distributions | $40,000 | $35,000 | $37,500 |
| Net Investment Income | $14,318 | $13,288 | $13,499 |
| Distributable Amount | $35,985 | $35,084 | $35,479 |
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
75 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Smith Point Sea Rescue ($4,688), Habitat for Humanity ($4,687), Callao Rescue Squad ($2,188).
| Recipient | Purpose | Amount |
|---|---|---|
| MASONIC HOME OF VA RICHMOND, VA | GENERAL FUND/CHARITABLE SUPPORT | $2,187 |
| CALLAO RESCUE SQUAD CALLAO, VA | GENERAL FUND/CHARITABLE SUPPORT | $2,188 |
| MID COUNTY RESCUE SQUAD HEATHSVILLE, VA | GENERAL FUND/CHARITABLE SUPPORT | $2,187 |
| INTERFAITH SVS COUNCIL KILMARNOCK, VA | GENERAL FUND/CHARITABLE SUPPORT | $2,188 |
| SHILOH BAPTIST CHURCH REEDVILLE, VA | GENERAL FUND/CHARITABLE SUPPORT | $2,187 |
| REEDVILLE FISHERMEN'S MUS REEDVILLE, VA | GENERAL FUND/CHARITABLE SUPPORT | $2,188 |
| NORTHUMBERLAND CO RESCUE REEDVILLE, VA | GENERAL FUND/CHARITABLE SUPPORT | $2,187 |
| BETHANY METHODIST CHURCH REEDVILLE, VA | GENERAL FUND/CHARITABLE SUPPORT | $2,188 |
| CALLAO VOL FIRE DEPT CALLAO, VA | GENERAL FUND/CHARITABLE SUPPORT | $2,187 |
| NORTHUMBERLAND CO LIBRARY HEATHSVILLE, VA | GENERAL FUND/EDUCATIONAL | $2,188 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| A WAYNE SAUNDERS | DIRECTOR | — | — |
| REGINALD V SHAW | COMMITTEE MB | — | — |
| MARGARET GANO | COMMITTEE MB | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Walter Franklin and Dorothy G?
The Walter Franklin and Dorothy G is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVINGTON, VA. It holds $165K in total assets as of 2024.
How large is The Walter Franklin and Dorothy G?
As of 2024, The Walter Franklin and Dorothy G holds $165K in total assets with $20K in annual revenue. It awarded 16 grants totaling $40K in 2024.
Where does The Walter Franklin and Dorothy G operate?
The Walter Franklin and Dorothy G has awarded grants in Virginia.
What size grants does The Walter Franklin and Dorothy G award?
In 2024, The Walter Franklin and Dorothy G awarded 16 grants totaling $40K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Walter Franklin and Dorothy G required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Walter Franklin and Dorothy G reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Walter Franklin and Dorothy G's EIN?
The Walter Franklin and Dorothy G's EIN (Employer Identification Number) is 54-1986978. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Walter Franklin and Dorothy G'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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