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Fay S Hoy Charitable Remainder Trust is a private trust based in BLACKSBURG, VA. The foundation received its IRS ruling in 2022. The principal officer is The National Bank Of Blacksburg. It holds total assets of $396K. Annual income is reported at $103K. The foundation operates in the area of human services. Tax records are available from 2021 to 2023. According to available records, Fay S Hoy Charitable Remainder Trust has made 22 grants totaling $72K, with a median grant of $2K. Annual giving has grown from $11K in 2021 to $47K in 2023. Individual grants have ranged from $1K to $12K, with an average award of $3K. The foundation has supported 8 unique organizations. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Fay S Hoy Charitable Remainder Trust primarily funds organizations in the area of human services. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in VA.
Fay S Hoy Charitable Remainder Trust has distributed a total of $72K across 22 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $1K to $12K.
Fay S Hoy Charitable Remainder Trust is a private foundation. To inquire about grants, you can look up the foundation using their EIN (856607375) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Fay S Hoy Charitable Remainder Trust is headquartered in BLACKSBURG, VA.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$59K
Total Assets
$381K
Fair Market Value
$731K
Net Worth
$381K
Grants Paid
$47K
Contributions
N/A
Net Investment Income
$49K
Distribution Amount
$35K
Total Grants
22
Total Giving
$72K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
8
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Blacksburg United Methodist ChurchOPERATING FUNDS | Blacksburg, VA | $12K | 2023 |
| Prices Fork United Methodist ChurchOPERATING FUNDS | Blacksburg, VA | $7K | 2023 |
| Humane Society Of Montgomery CountyOPERATING FUNDS | Blacksburg, VA | $5K | 2023 |
| New River Family ShelterOPERATING FUNDS | Blacksburg, VA | $5K | 2023 |
| Blacksburg Interfaith Food PantryOPERATING FUNDS | Radford, VA | $5K | 2023 |
| Habitat For Humanity Inc Of NrvOPERATING FUNDS | Christiansburg, VA | $5K | 2023 |
| United Daughters Of The ConfederacyOPERATING FUNDS | Richmond, VA | $5K | 2023 |
| Free Clinic Of The New River ValleyOPERATING FUNDS | Christiansburg, VA | $5K | 2023 |