The Virginia State Capitol

Form 990-PFTax year 2025EIN 54-2043359

The Horizon Foundation Inc

A private foundation in Grundy, VA. Its return for tax year 2025 lists 38 grants and $1.1 million paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact person
On file
Phone
On file
Email
On file
Mailing address
On file
Form and materials
On file
Deadlines
None
Restrictions
Scholarship recipients are graduating high school and higher education students who demonstrate financial need and good character; preference will be given to special education students. Recipients must enroll at least half-time at an accredited community college, vocational school, or four-year college or university located in the u.s. And must not be a relative by blood, adoption or marriage of any officer, director, or employee of the foundation. There are no restrictions or limitations in the selection procedure based upon the race of the prospective recipient or any relative of the prospective recipient. There are no other restrictions or limitations on awards to other charitable organizations.

Contact person, phone, email, mailing address and application materials on file. See them with a plan.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $1,127,634

    Grants listed
    38
    Assets, end of year
    $14,487,237
  • Tax year 2024

    $942,163

    Grants listed
    41
    Assets, end of year
    $15,200,069
  • Tax year 2023

    $1,226,681

    Grants listed
    39
    Assets, end of year
    $16,123,074
  • Tax year 2022

    $454,308

    Grants listed
    14
    Assets, end of year
    $16,553,467
  • Tax year 2021

    $1,032,222

    Grants listed
    32
    Assets, end of year
    $15,706,506
  • Tax year 2020

    $398,000

    Grants listed
    9
    Assets, end of year
    $15,882,871
  • Tax year 2019

    $334,711

    Grants listed
    20
    Assets, end of year
    $14,958,694
  • Tax year 2018

    $135,000

    Grants listed
    17
    Assets, end of year
    $14,678,098

Grants paid in 2025

38 grants, largest first

As listed on the return.

  1. Coalfield Health FoundationBluefield, WV

    Operating expenses

    $500,000
  2. Buchanan First Presby ChurchGrundy, VA

    Scholorship fund

    $144,000
  3. Grundy Baptist ChurchGrundy, VA

    Unresticted

    $40,000
  4. Vansant Church of ChristVansant, VA

    Unrestricted

    $40,000
  5. University of KyLexington, KY

    Scholarships

    $32,854
  6. East Tennessee State UniversityJohnson City, TN

    Scholarship

    $32,711
  7. Appalachian Teen ChallengePrinceton, WV

    Unrestricted

    $25,000
  8. Maranatha ChristianPrinceton, WV

    Operating expenses

    $25,000
  9. Va TechBlacksburg, VA

    Scholarships

    $22,283
  10. Hub on Campus - BlacksburgBlacksburg, VA

    Scholarship

    $21,540
  11. Boysgirls Club of Central AppalachGrundy, VA

    Unrestricted

    $20,000
  12. Christians United for IsrealSan Antonio, TX

    Unrestricted

    $20,000
  13. Intl Fellowship of Christians & JewChicago, IL

    Unrestricted

    $20,000
  14. Tookland Pentecostal ChurchGrundy, VA

    Unrestricted

    $20,000
  15. Appalachian College of PharmacyOakwood, VA

    Scholarship

    $17,500
  16. Back Pack BlessingsGrundy, VA

    Unrestricted

    $15,000
  17. Jimmy Swaggart MinistriesBaton Rouge, LA

    Unrestricted

    $10,000
  18. Midnight Cry MinistriesKeen Mountain, VA

    Unrestricted

    $10,000
  19. Mountain Mission SchoolGrundy, VA

    Unrestricted

    $10,000
  20. Samaritan's PurseBoone, NC

    Unrestricted

    $10,000
  21. Upon the Rock MinistriesRaysal, WV

    Unrestricted

    $10,000
  22. Milligan UniversityMilligan, TN

    Scholarship

    $9,975
  23. Appalchain School of LawGrundy, VA

    Scholarship

    $7,500
  24. Grand Canyon UniversityPhoenix, AZ

    Scholarships

    $6,771
  25. Bluefield UniversityBluefield, VA

    Scholarships

    $5,000
  26. Christ First UMCBluefield, VA

    Unrestricted

    $5,000
  27. Chuck Mathena CenterPrinceton, WV

    Unrestricted

    $5,000
  28. Concord UniversityAthens, WV

    Scholarships

    $5,000
  29. Heifer InternationalLittle Rock, AR

    Unrestricted

    $5,000
  30. Highlands FellowshipBluefield, VA

    Unrestricted

    $5,000
  31. Presybterian Childrens HomeWytheville, VA

    Unrestricted

    $5,000
  32. Princeton First UMCPrinceton, WV

    Unrestricted

    $5,000
  33. SWCC Educational FoundationRichlands, VA

    Scholarships

    $5,000
  34. Radford UniversityRadford, VA

    Scholarships

    $2,500
  35. University of PikevillePikeville, KY

    Scholarship

    $2,500
  36. Va Tech FoundationBlacksburg, VA

    Scholarships

    $2,500
  37. WV University FoundationMorgantown, WV

    Scholarships

    $2,500
  38. UVA - WiseWise, VA

    Scholarships

    $2,500

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education7 grants $84,45771% of the total
  2. Mental health1 grant $25,00021% of the total
  3. Religion1 grant $10,0008% of the total

By State

Grants to organizations with a US address, latest year.

  1. West Virginia8 grants $577,500
  2. Virginia20 grants $400,323
  3. Tennessee2 grants $42,686
  4. Kentucky2 grants $35,354
  5. Illinois1 grant $20,000
  6. Texas1 grant $20,000
  7. Louisiana1 grant $10,000
  8. North Carolina1 grant $10,000
  9. Arizona1 grant $6,771
  10. Arkansas1 grant $5,000

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Lois ShanahanSECRETARY Hours 1Pay $127,400
  • John GroseclosePRESIDENT/TR Hours 1Pay $0

The return

More foundations

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Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

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