Town Foundation
Town Foundation is a private foundation, based in NORFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 5 grants totaling $78K. Net investment income was $112K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+5.8% YoY
Annual Giving
$78K
+5.6% YoY
Grant Count
5
+150.0% YoY
Avg Grant Size
$16K
-57.8% YoY
About Town Foundation
Based on IRS filings
Town Foundation is a private foundation, based in NORFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 5 grants totaling $78K. Net investment income was $112K.
Ready to take the next step with Town Foundation?
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 | $1,646,754 | $1,556,683 | $1,501,824 |
| Revenue | $127,164 | $32,422 | $57,537 |
| Expenses | $97,777 | $92,072 | $83,434 |
| Qualifying Distributions | $81,029 | $76,894 | $68,399 |
| Net Investment Income | $111,972 | $31,467 | $43,101 |
| Distributable Amount | $79,720 | $74,398 | $76,883 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
13 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 |
|---|---|---|---|
| YVONNE T ALLMOND | PRESIDENT | — | — |
| WILSON B DODSON | V/P | — | — |
| BRUCE LONGMAN | TREASURER | — | — |
| KAY R EGAN | SECRETARY | — | — |
| SUSAN LONGMAN | DIRECTOR | — | — |
| RAMIN ALIMARD | DIRECTOR | — | — |
| HOWARD E GORDON | DIRECTOR | — | — |
| JOSEPH ROBBINS | DIRECTOR | — | — |
Related Funders
Similar funders by location and focus area
Wolf Family Charitable Trust
OAKTON, VA
Assets
$385K
Grants
5
Total Given
$189K
Stone Ridge Foundation
ALTAVISTA, VA
Assets
$6.4M
Grants
2
Total Given
$15K
Lawrence and Ira Straus Charitable Tr
ARLINGTON, VA
Assets
$236K
Grants
12
Total Given
$8K
Iraqi Children Foundation Inc
FAIRFAX, VA
Assets
$101K
Grants
2
Total Given
$610K
Mjh Foundation
VIRGINIA BEACH, VA
Assets
$46.5M
Grants
1
Total Given
$1.9M
The Roth Family Foundation
ARLINGTON, VA
Assets
$67K
Grants
1
Total Given
$25K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Town Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities