Virgil L Frantz Charitable Trust
Virgil L Frantz Charitable Trust is a private foundation, based in ROANOKE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $126K in total assets. In 2024, it awarded 42 grants totaling $40K. Net investment income was $33K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$126K
-12.4% YoY
Annual Giving
$40K
-12.9% YoY
Grant Count
42
+7.7% YoY
Avg Grant Size
$948.81
-19.2% YoY
Under IRS private-foundation payout rules, Virgil L Frantz Charitable Trust reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.
About Virgil L Frantz Charitable Trust
Based on IRS filings
Virgil L Frantz Charitable Trust is a private foundation, based in ROANOKE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $126K in total assets. In 2024, it awarded 42 grants totaling $40K. Net investment income was $33K.
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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 | $126,241 | $144,088 | $171,412 |
| Revenue | $30,782 | $27,221 | $49,482 |
| Expenses | $48,629 | $54,545 | $56,484 |
| Qualifying Distributions | $40,857 | $48,150 | $46,503 |
| Net Investment Income | $33,267 | $22,843 | $39,310 |
| Distributable Amount | $21,522 | $21,450 | $22,781 |
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
213 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Beulah Baptist Church ($6,000), Duke Cancer Institute ($5,000), Roanoke Rescue Mission ($3,800).
| Recipient | Purpose | Amount |
|---|---|---|
| PAWS FOR PURPLE HEARTS PENNGROVE, CA | GENERAL FUND | $200 |
| THOMAS ROAD BAPTIST CHURCH LYNCHBURG, VA | GENERAL FUND | $1,000 |
| BEDFORD MUSEUM BEDFORD, VA | GENERAL FUND | $250 |
| FATHER FLANAGANS BOYS TOWN BOYS TOWN, NE | GENERAL FUND | $250 |
| ST JUDES CHILDRENS RESEARCH HOSP CHARLOTTESVILLE, VA | GENERAL FUND | $1,800 |
| AMERICAN BIBLE SOCIETY PHILADELPHIA, PA | GENERAL FUND | $200 |
| SAMARITANS PURSE BOONE, NC | GENERAL FUND | $2,300 |
| ROANOKE RESCUE MISSION ROANOKE, VA | GENERAL FUND | $3,800 |
| GUIDING EYES FOR THE BLIND YORKTOWN HEIGHTS, NY | GENERAL FUND | $200 |
| PARALYZED VETERANS OF AMERICA WASHINGTON, DC | GENERAL FUND | $250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALEXANDER I SAUNDERS | TRUSTEE | — | — |
| J BOULDIN FRANTZ | TRUSTEE | — | — |
Frequently Asked Questions
How large is Virgil L Frantz Charitable Trust?
As of 2024, Virgil L Frantz Charitable Trust holds $126K in total assets with $31K in annual revenue. It awarded 42 grants totaling $40K in 2024.
Where does Virgil L Frantz Charitable Trust operate?
Virgil L Frantz Charitable Trust has awarded grants in California, Colorado, District of Columbia, Florida, Illinois, Kansas, Kentucky, Massachusetts, Maryland, Minnesota, Missouri, Montana, North Carolina, Nebraska, New York, Ohio, Pennsylvania, South Dakota, Texas, Virginia.
What size grants does Virgil L Frantz Charitable Trust award?
In 2024, Virgil L Frantz Charitable Trust awarded 42 grants totaling $40K — an average of about $948.81 per grant, based on its IRS Form 990 filings.
How much is Virgil L Frantz Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Virgil L Frantz Charitable Trust reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Virgil L Frantz Charitable Trust's EIN?
Virgil L Frantz Charitable Trust's EIN (Employer Identification Number) is 51-0233131. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Virgil L Frantz Charitable Trust'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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