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← TOWNEBANK FOUNDATION

Form 990-PF for tax year 2022

Filed by TOWNEBANK FOUNDATION.

Totals

Total revenue
$11,867,265
Total expenses
$6,976,850
Contributions and grants received
$11,017,255
Contributions, gifts and grants paid
$6,813,368
Fair market value of assets, end of year
$25,188,672

Listed in Part VIII

  • G Robert Aston Jr

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • J Morgan Davis

    VP & DIRECTO

    Total calculated
    $0
    Hours/week
    2
  • William T Hodsden

    SECRETARY &

    Total calculated
    $0
    Hours/week
    2
  • R Scott Morgan

    TREASURER &

    Total calculated
    $0
    Hours/week
    2
  • Robyn S Leavy

    EXECUTIVE DI

    Total calculated
    $25,000
    Compensation
    $25,000
    Benefit plans
    $0
    Expense account
    $0
    Hours/week
    8

Compensation is as filed in Part VIII of the Form 990-PF: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants paid on this return

Grants paid, cash basis (Part I, line 25, column (d))
$6,813,368
As filed, and sometimes filed as 0.
Grants paid, Part XV total (line 3a)
$6,813,368
The foundation's own total of the grants it itemizes.

These are the grants the foundation paid during the year. The “Contributions, gifts and grants paid” total above is the figure on the foundation's books. This return marks the cash method, under which a grant is recorded when it is paid. Even so, the books total and the cash figures in this section can differ, and column (d) is sometimes filed as 0.

  • CHRISTOPHER NEWPORT UNIVERSITY EDUC

    $200,000

    NEWPORT NEWS, VA

    GEN. CHARITABLE

  • EASTERN VIRGINIA MEDICAL SCHOOL FOU

    $200,000

    NORFOLK, VA

    GEN. CHARITABLE

  • FORKIDS INC

    $125,000

    CHESAPEAKE, VA

    GEN. CHARITABLE

  • JUNIOR ACHIEVEMENT OF CENTRAL CAROL

    $114,286

    CHARLOTTE, NC

    GEN. CHARITABLE

  • APPALACHIAN STATE UNIVERSITY FOUNDA

    $100,000

    BOONE, NC

    GEN. CHARITABLE

  • ATRIUM HEALTH FOUNDATION

    $100,000

    CHARLOTTE, NC

    GEN. CHARITABLE

  • CENTRAL PIEDMONT COMMUNITY COLLEGE

    $100,000

    CHARLOTTE, NC

    GEN. CHARITABLE

  • CHESAPEAKE BAY ACADEMY

    $100,000

    VIRGINIA BEACH, VA

    GEN. CHARITABLE

  • CHESAPEAKE REGIONAL HEALTH FOUNDATI

    $100,000

    CHESAPEAKE, VA

    GEN. CHARITABLE

  • CHILDREN'S HOSPITAL OF THE KINGS DA

    $100,000

    NORFOLK, VA

    GEN. CHARITABLE

The 10 largest to organizations. The API serves every grant row.

Provenance

Return type
form_990_pf
Tax year
2022
Filed
8 November 2023
IRS schema version
2022v5.0
Source object
202333179349101578

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.