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Suffolk Foundation

Suffolk Foundation

Suffolk, VA 23434
Tax ID20-5998525

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About this organization

Revenue

$1,052,954

Expenses

$749,687

Mission

The Suffolk Foundation: committed to benefitting the people of Suffolk, VA and the surrounding areas through charitable grant making and developing philanthropy.

About

The Suffolk Foundation held its 12th grant cycle in 2019, awarding $137,000 to 31 agencies. However, total giving in scholarships, donor advised grants, and educational grants amounted to over $444,000 in 2019. The foundation is very proud of its accomplishments and is humbled by the generosity of the numerous donors.

Interesting data from their 2020 990 filing

The non-profit's mission, as described in the filing, is “To facilitate and develop philanthropy, to engage in chartitable grant making and to take other actions for a broad range of charitable needs for the benefit of the people of the city of suffolk, virginia and the surrounding areas where suffolk is a beneficiary.”.

When describing its duties, they were characterized as: “To facilitate and develop philanthropy, to engage in chartitable grant making and to take other actions for a broad range of charitable needs for the benefit of the people of the city of suffolk, virginia and the surrounding areas where suffolk is a beneficiary.”.

  • The filing shows that the non-profit's address as of 2020 is 110 W FINNEY AVE 100, SUFFOLK, VA, 23434.
  • As of 2020, the non-profit has reported a total of 2 employees on their form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $2,741,690.
  • The compensation policy for the CEO of the organization is not determined through an impartial evaluation and endorsement.
  • The organization has 18 independent voting members.
  • The organization was formed in 2006.
  • The organization is required to file Schedule B.
  • The organization pays $95,518 in salary, compensation, and benefits to its employees.
  • The organization pays $45,014 in fundraising expenses.
  • The organization pays grants to individuals.
  • The organization has grants to organizations.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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