Surtman Foundation is a private foundation focused on Education, based in SMITHFIELD, VA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 22 grants totaling $287K. Net investment income was $84K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.3M
-14.1% YoY
Annual Giving
$287K
+29.2% YoY
Grant Count
22
-18.5% YoY
Avg Grant Size
$13K
+58.6% YoY
Under IRS private-foundation payout rules, Surtman Foundation reported a distributable amount of $70K for 2025 — the minimum it must pay out in qualifying distributions.
About Surtman Foundation
Based on IRS filings
Surtman Foundation is a private foundation focused on Education, based in SMITHFIELD, VA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 22 grants totaling $287K. Net investment income was $84K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,264,581 | $1,472,169 | $1,022,086 |
| Revenue | $94,257 | $690,830 | $-106,124 |
| Expenses | $301,845 | $240,747 | $73,759 |
| Qualifying Distributions | $286,900 | $222,000 | $56,250 |
| Net Investment Income | $84,312 | $35,193 | — |
| Distributable Amount | $70,251 | $70,889 | $49,384 |
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 2025
Grant Size Distribution
120 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Liberty Live Church ($102,500), Broken Chains Ministry ($50,000), Recovery Alive ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACLU FOUNDATION NEW YORK, NY | COMMUNITY SERVICE | $38,000 |
| BLUE RIDGE PARKWAY FOUNDATION WINSTONSALEM, NC | COMMUNITY SERVICE | $1,000 |
| BROKEN CHAINS MINISTRY AKRON, OH | RELIGIOUS | $50,000 |
| CALVARY ROAD BAPTIST CHURCH ALEXANDRIA, VA | RELIGIOUS | $5,000 |
| DAVIDSON COMMUNITY PLAYERS DAVIDSON, NC | COMMUNITY SERVICE | $2,500 |
| DESTINY FAMILY CENTER STUARTS DRAFT, VA | RELIGIOUS | $5,000 |
| EAST LINCOLN CHRISTIAN MINISTRY DENVER, NC | RELIGIOUS | $1,000 |
| EMOTIONAL RECOVERY CLINIC OVIEDO, FL | COMMUNITY SERVICE | $6,150 |
| GREEN ROOM COMMUNITY THEATRE NEWTON, NC | COMMUNITY SERVICE | $1,000 |
| ISLE OF WRIGHT RESCUE SQUAD SMITHFIELD, VA | COMMUNITY SERVICE | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEFFERRY M CHANTER | TRUSTEE | 1 | $5,000 |
| REBECCA CHANTER | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Surtman Foundation?
Surtman Foundation is a private foundation focused on Education, based in SMITHFIELD, VA. It holds $1.3M in total assets as of 2025.
How large is Surtman Foundation?
As of 2025, Surtman Foundation holds $1.3M in total assets with $94K in annual revenue. It awarded 22 grants totaling $287K in 2025.
Where does Surtman Foundation operate?
Surtman Foundation has awarded grants in California, Colorado, District of Columbia, Florida, Georgia, Indiana, Maryland, North Carolina, New York, Ohio, South Carolina, Texas, Virginia.
What size grants does Surtman Foundation award?
In 2025, Surtman Foundation awarded 22 grants totaling $287K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Surtman Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Surtman Foundation reported a distributable amount of $70K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Surtman Foundation's EIN?
Surtman Foundation's EIN (Employer Identification Number) is 56-6056565. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Surtman Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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