Horace G. Fralin Charitable Trust is an independent non-profit private foundation based in Roanoke, Virginia. Established in 1989, the trust primarily provides grants to qualified charitable organizations in Roanoke Valley for the purchase, construction, renovation or expansion of buildings, equipment and other capital assets of a long-term nature that helps the organizations further their goals. Additionally, the foundation is also interested in the areas of arts, education and human services. The assets of the foundation are managed and administered by the board of trustees.The The Horace G Fralin Charitable Trust's investment portfolio is valued at over $48.34 million, with investments in domestic and foreign equities, fixed income, private equity and, cash.