Olin & Muriel Prather Charitable Foundation

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $16K a year · 10% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
990-PF Pt I · 5 filings
2.8 mo
of spending, in cash
2.8 months of spending in cash.
990-PF Pt II · Ln 1–2 · Pt I · Ln 26
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
990-PF Pt II · Ln 23
Revenue
$156K
-29% vs prior year
Spent
$118K
Net assets
$871K
By yearFY2020–FY2024
Revenue
$156K
FY2024▼ -29%
Tap a bar for its year
Revenue by fiscal year
FY2020$71K
FY2021$203K
FY2022$164K
FY2023$218K
FY2024$156K
Expenses
$118K
FY2024▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$128K
FY2021$172K
FY2022$191K
FY2023$124K
FY2024$118K
Net assets
$871K
FY2024▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$738K
FY2021$768K
FY2022$741K
FY2023$835K
FY2024$871K

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 34% · $40K Operating & administrative 66% · $78K

Form 990-PF Part I, lines 24–26. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990-PF.

990-PF Part VIII · reportable compensation
$0990-PF Pt VIII
Secretary
$0990-PF Pt VIII
$0990-PF Pt VIII
$0990-PF Pt VIII
Vice Preside
$0990-PF Pt VIII
See Olin & Muriel Prather Charitable Foundation executive salaries →

Programs and updates

A private foundation based in Abingdon, VA.

Questions for Olin & Muriel Prather Charitable Foundation

Tap to ask. Olin & Muriel Prather Charitable Foundation sees how many people are interested.

Your first name shows with your question. Olin & Muriel Prather Charitable Foundation answers here, for everyone.

Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 20 grants · $40K · 2024–2024
Peregrine-Huff FoundationFY2024$8,000
William King Museum of ArtVA · FY2024$4,000
Dewey Dam Dog & Cat ProtectionFY2024$4,000
Big Sandy College Ed FoundationsFY2024$4,000
Morrison SchoolFY2024$3,500
Humane Society of PakersburgFY2024$3,000
Symphony of the MountainsTN · FY2024$3,000
Barter TheatreFY2024$2,000
Patrick Henry CollegeVA · FY2024$1,500
Alternative Pregnancy CenterFY2024$1,000
Copassion InternationalFY2024$1,000
Focus on the FamilyCO · FY2024$500
Military Assistance Pantry INCFY2024$500
SPCA of Sw MichiganFY2024$500
See all 20 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV9
Average grantPart XV$2K
Median grantPart XV$1K
Largest grantPart XV$8K
Top cause focusNTEEReligion (10%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$156K
Investment income$145K
Other income$11K
Money out
$118K
Grants paid$40K
Running costs$78K
Owns and owes
$871K
net assets
Cash and savings$27K
Total assets$871K
Liabilities$0
People
5
listed
Paid0
2In more detail
Revenue in detail
Investment income$145K
Other income$11K
Total revenue$156K
Assets in detailEnd of year
Cash and savings together$27K
Total assets$871K
Liabilities$0
Net assets$871K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 12, 2025 $156K$118K$38K$871K 990 PDF
FY2023Filed with the IRS Oct 11, 2024 $218K$124K$94K$835K 990 PDF
FY2022Filed with the IRS Jul 24, 2023 $164K$191K−$28K$741K 990 PDF
FY2021Filed with the IRS May 16, 2022 $203K$172K$30K$768K 990 PDF
FY2020Filed with the IRS Jul 9, 2021 $71K$128K−$57K$738K 990 PDF

Schedules filed Part IV

G · Fundraising L · Interested persons R · Related orgs

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.

Featured nonprofit jobs

All nonprofit jobs → · Hiring? Post a job →