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Suffolk Foundation

SUFFOLK, VA EIN: 20-5998525 Website

THE MISSION OF THE SUFFOLK FOUNDATION IS TO BENEFIT THE PEOPLE OF SUFFOLK AND WESTERN TIDEWATER BY FACILITATING AND DEVELOPING PHILANTHROPY, AND BY AWARDING GRANTS AND SCHOLARSHIPS TO MEET LOCAL COMMUNITY NEEDS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$17.8M

+45.0% YoY

Annual Giving

$1.0M

+48.0% YoY

Grant Count

42

+61.5% YoY

Avg Grant Size

$24K

-8.4% YoY

About Suffolk Foundation

Based on IRS filings

Suffolk Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SUFFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.8M in total assets. In 2024, it awarded 42 grants totaling $1.0M. Net investment income was $1.3M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AshburnChapel HillCheaspeakeChesapeakeChesterCourtlandFranklinKetchumLexingtonLynchburgNashvilleNewport NewsNorfolkPortsmouthRaleighSalisburySmithfieldSt MichaelsSuffolkVirginia Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$17,767,454$12,251,749$11,006,379
Revenue$7,055,591$1,201,852$1,330,106
Expenses$1,580,367$1,126,082$950,723
Qualifying Distributions
Net Investment Income$1,276,188$358,783$341,860
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$253K$506K$759K$1M23 grants202026 grants202125 grants202226 grants202342 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GRANTS 5000$262KSUFFOLK CENTER FOR CULTU…$65KSUFFOLK EDUCATION FOUNDA…$52KWESTERN TIDEWATER FREE C…$49KSALVATION ARMY$48KFORKIDS$47KPAUL D CAMP COMMUNITY CO…$42KROC SOLID FOUNDATION$40KTOWNEBANK FOUNDATION$28KNANSEMOND RIVER PRESERVA…$27K

Grant Size Distribution

142 grants across all recorded years

129<$50K9$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

Open Grants

6 open opportunities from Suffolk Foundation

Show all 6 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

LORELEI C MORROWEXECUTIVE DI$86K

From 2024 filing

NameTitleHoursCompensation
HARRY LEE CROSS IIIPRESIDENT10
S CHRIS JONESVICE PRESIDE1
VERNON M TOWLERTREASURER1
LEROY BENNETTSECRETARY1
J WAYNE SCOTTDIRECTOR1
ELIZABETH B TOTTENDIRECTOR1
JAMES E BUTLER IIIDIRECTOR1
TIMOTHY K PALMERDIRECTOR1
CARL L FARRIS JRDIRECTOR1
LES HALLDIRECTOR1
O KERMIT HOBBS JRDIRECTOR1
DAVID MILESDIRECTOR1
JACQUELINE OVERTONDIRECTOR1
DR SHARON A RAGHUBARDIRECTOR1
DEBORAH B RUSSELLDIRECTOR1
GEORGE BIRDSONGDIRECTOR1
SHERI ANDERSONDIRECTOR1
JOSEPH N WEBB JRDIRECTOR1
MARGARET N WILEYDIRECTOR1
BJ WILLIEDIRECTOR1
DAVID HOSTDIRECTOR1
LORELEI C MORROWEXECUTIVE DI40$86,452

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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