Private foundation (trust)EIN 542036534Est. 2001-10
TOWNEBANK FOUNDATION
SUFFOLK, VA 23435
Accepts unsolicited proposalsTotal Assets
$30.4M
FY 2024
Annual Giving
$8.3M
FY 2024
Grants Made
178
FY 2024
Avg Grant
$47K
FY 2024
Grant Range
$40–$313K
Typical
Deadlines
Scholarships: application and essay mu…
Applications
Focus Areas
Financial Snapshot
2024 filing
Total Revenue
$12.0M
Total Expenses
$9.1M
Qualifying Distributions
$8.3M
Distributable Amount
$1.4M
Min. Investment Return
$1.4M
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
178 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
3 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
500 grants
Grant Size Distribution
500 grants
Geographic Focus
12 states
+2 more states
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