Town Foundation
NORFOLK, VA EIN: 54-1442707
Financial Overview
From 2024 IRS Form 990-PF
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
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| 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 .
Who else does Town Foundation fund?
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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 | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Virginia $334K (100%)
States
Cities
HarrisonburgNorfolkVirginia Beach
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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