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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
142 grants across all recorded years
Open Grants
6 open opportunities from Suffolk Foundation
Bradshaw Benevolence Grant
SUFFOLK FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Community Action Coalition of Virginia Fund
SUFFOLK FOUNDATION
Amount
Varies
Deadline
Rolling / Open
Community Impact Grants
SUFFOLK FOUNDATION
Amount
Varies
Deadline
Rolling / Open
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HARRY LEE CROSS III | PRESIDENT | 10 | — |
| S CHRIS JONES | VICE PRESIDE | 1 | — |
| VERNON M TOWLER | TREASURER | 1 | — |
| LEROY BENNETT | SECRETARY | 1 | — |
| J WAYNE SCOTT | DIRECTOR | 1 | — |
| ELIZABETH B TOTTEN | DIRECTOR | 1 | — |
| JAMES E BUTLER III | DIRECTOR | 1 | — |
| TIMOTHY K PALMER | DIRECTOR | 1 | — |
| CARL L FARRIS JR | DIRECTOR | 1 | — |
| LES HALL | DIRECTOR | 1 | — |
| O KERMIT HOBBS JR | DIRECTOR | 1 | — |
| DAVID MILES | DIRECTOR | 1 | — |
| JACQUELINE OVERTON | DIRECTOR | 1 | — |
| DR SHARON A RAGHUBAR | DIRECTOR | 1 | — |
| DEBORAH B RUSSELL | DIRECTOR | 1 | — |
| GEORGE BIRDSONG | DIRECTOR | 1 | — |
| SHERI ANDERSON | DIRECTOR | 1 | — |
| JOSEPH N WEBB JR | DIRECTOR | 1 | — |
| MARGARET N WILEY | DIRECTOR | 1 | — |
| BJ WILLIE | DIRECTOR | 1 | — |
| DAVID HOST | DIRECTOR | 1 | — |
| LORELEI C MORROW | EXECUTIVE DI | 40 | $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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