The Jotom Foundation

Private foundation · Grantmaker Suffolk, VA EIN: 54-2014304

The Jotom Foundation is a private foundation, based in Suffolk, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 3 grants totaling $27K. Net investment income was $81K.

The Jotom Foundation at a glance

In short: The Jotom Foundation gave $27K across 3 grants in 2025 (avg $9K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$26,700
+6.8% vs 2024
Grants made (2025)
3
+200.0% vs 2024
Average grant
$8,900
-64.4% vs 2024
Median grant
$1,200
Total assets
$1,224,247
+7.5% vs 2024
Primary geography
Virginia (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated November 2026.

Who The Jotom Foundation funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Colonial Virginia Council-BSA: $26K across 2 grantsColonial Virginia Council-BSA$26K · 2 grantsWHRO Public Television Station: $1KWHRO Public Television Station$1K

The largest 2025 recipient was Colonial Virginia Council-BSA ($26K across 2 grants). Together the top 2 received $27K.

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 9 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 3 itemized grants.

States

Cities

Newport NewsNorfolk

How The Jotom Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+7%). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K2 grants2019 2 grants2020 2 grants2021 1 grant2022 2 grants2023 1 grant2024 3 grants2025

From 2019 to 2025, annual grant giving ranged from $25K (2022) to $27K (2023). In 2025 it made 3 grants totaling $27K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Colonial Virginia Council-BSA Newport News, VAVirginia bsa council that promotes quality youth programs for boys.$25,000
WHRO Public Television Station Norfolk, VAPromotion of Quality Programing for Public Television Viewers.$1,200
Colonial Virginia Council-BSA Newport News, VAVirginia bsa council that promotes quality youth programs for boys.$500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment Income
2025$1,224,247$87,870$47,298$26,7003$26,700$81,370
2024$1,139,238$98,820$47,202$25,0001$25,000$98,820
2023$1,051,974$27,589$47,013$27,4002$27,400$28,393
2022$980,663$5,767$49,190$25,0001$25,000$27,643
2021$1,151,441$128,038$47,428$26,2002$26,200$128,038
2020$1,011,468$33,839$43,321$26,2002—$33,839
2019$995,846$51,047$44,708$26,2002—$35,249

Leadership & Key People

Officers and directors from IRS filings

The Jotom Foundation is led by William T. Spence, Chairman on every filing since 2019; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • William T. Spence

    Chairman

    On filings since 2019

    No compensation reported

  • Linda J. Spence

    Director

    On filings since 2019

    No compensation reported

  • William T. Spence Jr.

    Director

    On filings since 2019

    No compensation reported

Former officers (2)
  • Former: Jennifer S. Spence (2019–2024) — Director
  • Former: Joshua Pretlow Jr. (2019–2022) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Jotom Foundation

How much does The Jotom Foundation give each year?

The Jotom Foundation gave $27K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $25K across 1 grant.

What is The Jotom Foundation's typical grant size?

The Jotom Foundation's median grant in 2025 was $1,200, and its average grant was $8,900, across 3 grants on its 2025 IRS Form 990-PF.

Where does The Jotom Foundation give grants?

The Jotom Foundation gives mostly in Virginia: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Newport News, VA (2 grants).

Does The Jotom Foundation give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on The Jotom Foundation's 2025 IRS Form 990-PF were described as general or operating support.

How large is The Jotom Foundation?

The Jotom Foundation reported $1.2M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $88K.

What is The Jotom Foundation's EIN?

The Jotom Foundation's EIN (Employer Identification Number) is 54-2014304. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS July 14, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS September 4, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Jotom Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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