Townebank Richmond Foundation

RICHMOND, VA EIN: 54-1996321

Townebank Richmond Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 117 grants totaling $645K. Net investment income was $892K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$645K

-10.0% YoY

Grant Count

117

-12.7% YoY

Avg Grant Size

$6K

+3.1% YoY

About Townebank Richmond Foundation

Based on IRS filings

Townebank Richmond Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 117 grants totaling $645K. Net investment income was $892K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

AshevilleBethesdaCharlottesvilleChesterChesterfieldColonial HeightsDallasDavidsonGlen AllenGoochlandHenricoKilmarnockLos AngelesMalibuMechanicsvilleN ChesterfieldNew OrleansNorth ChesterfieldPonte Vedra BeachRichmond

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$265K$531K$796K$1M20202021
Metric20212020
Total Assets$15,475,550
Revenue$964,729$527,686
Expenses$730,500$793,968
Qualifying Distributions$645,216
Net Investment Income$891,706$459,289
Distributable Amount$787,340$665,390

Giving Over Time

Total grant dollars and number of grants per year

$0$179K$358K$538K$717K134 grants2020117 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2021

PGA TOUR CHARITIES$50KBOYS GIRLS CLUB OF METRO…$35KAnna Julia Cooper Episco…$20KFEEDMORE$20KMEDARVA$20KBeth Sholom of VA$15KBETTER HOUSING COALITION$15KCROSS OVER HEALTHCARE MI…$10KNOVA OF VA AQUATICS$10KPGA TOUR CHARITIES ACCES…$10K

Grant Size Distribution

100 grants across all recorded years

99<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

NameTitleHoursCompensation
Elizabeth W RobertsonChairman1
T Patrick CollinsPresident2
Brad H BookerDirector1
Richard D DickinsonDirector1
J Morgan DavisDirector1
Kevin R LaingDirector1
Duncan S OwenDirector1
Erin S JewettDirector1
Hugh T Harrison JrDirector1
George C Freeman IIIDirector1
Pamela F CarnahanSecretary Treasurer3

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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