The Jotom Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUFFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $25K. Net investment income was $99K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+8.3% YoY
Annual Giving
$25K
-8.8% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$25K
+82.5% YoY
About The Jotom Foundation
Based on IRS filings
The Jotom Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUFFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $25K. Net investment income was $99K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,139,238 | $1,051,974 | $980,663 |
| Revenue | $98,820 | $27,589 | $5,767 |
| Expenses | $47,202 | $47,013 | $49,190 |
| Qualifying Distributions | $25,000 | $27,400 | $25,000 |
| Net Investment Income | $98,820 | $28,393 | $27,643 |
| 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 1 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
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 |
|---|---|---|---|
| WILLIAM T SPENCE | Chairman | — | — |
| LINDA J SPENCE | Director | — | — |
| JENNIFER S SPENCE | Director | — | — |
| WILLIAM T SPENCE JR | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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