The Virginia State Capitol

Form 990-PFTax year 2024EIN 54-2036534

Townebank Foundation

A private foundation in Suffolk, VA. Its return for tax year 2024 lists 178 grants and $8.3 million paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Townebank Attn Robyn Leavy
6001 Harbour View Blvd
Suffolk, VA 23435
(757) 673-1783
[email protected]
Form and materials
Scholarships: scholarship application form, brief essay, transcripts, sat/act scores general grants: grant request form
Deadlines
Scholarships: application and essay must be submitted by february 15 of each year. General grants: g
Restrictions
Scholarships: applicant must be a child of a parent currently employed by townebank and its affiliates on a full-time basis for a minimum of two years. Applicant must be a current high school senior or have graduated from high school through an early graduation program. Applicant must enroll as a full-time student as defined by the accredited educational institution. General grants: the foundation typically prefers to make grants to applicants within the bank's service area and primarily for capital purposes. The non-profits must be classified as a 501(c)3 within IRS rules and regulations.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $8,330,131

    Grants listed
    178
    Assets, end of year
    $19,983,840
  • Tax year 2023

    $7,418,106

    Grants listed
    162
    Assets, end of year
    $17,075,591
  • Tax year 2022

    $6,813,368

    Grants listed
    236
    Assets, end of year
    $17,064,540
  • Tax year 2021

    $5,279,189

    Grants listed
    110
    Assets, end of year
    $12,218,911
  • Tax year 2020

    $4,166,336

    Grants listed
    96
    Assets, end of year
    $2,708,089
  • Tax year 2019

    $3,990,098

    Grants listed
    90
    Assets, end of year
    $2,790,617
  • Tax year 2018

    $3,203,539

    Grants listed
    80
    Assets, end of year
    $2,241,618

Grants paid in 2024

178 grants, largest first

As listed on the return.

  1. Virginia Wesleyan UniversityVirginia BCH, VA

    Gen. Charitable

    $312,500
  2. Christopher Newport University EducNewport News, VA

    Gen. Charitable

    $200,000
  3. Eastern Virginia Medical School FouNorfolk, VA

    Gen. Charitable

    $200,000
  4. Hampton UniversityHampton, VA

    Gen. Charitable

    $200,000
  5. Equi-Kids Therapeutic Riding PrograVirginia Beach, VA

    Gen. Charitable

    $150,000
  6. Children's Hospital of the King's DNorfolk, VA

    Gen. Charitable

    $125,000
  7. Richmond BalletRichmond, VA

    Gen. Charitable

    $125,000
  8. Junior Achievement of Central CarolCharlotte, NC

    Gen. Charitable

    $114,286
  9. Appalachian State University FoundaBoone, NC

    Gen. Charitable

    $100,000
  10. Atrium Health FoundationCharlotte, NC

    Gen. Charitable

    $100,000
  11. Bon Secours Hampton Roads FoundatioSuffolk, VA

    Gen. Charitable

    $100,000
  12. Central Piedmont Community CollegeCharlotte, NC

    Gen. Charitable

    $100,000
  13. Chesapeake Bay AcademyVirginia BCH, VA

    Gen. Charitable

    $100,000
  14. Chesapeake Regional Health FoundatiChesapeake, VA

    Gen. Charitable

    $100,000
  15. Chrysler Museum of ArtNorfolk, VA

    Gen. Charitable

    $100,000
  16. Communities in Schools of ChesterfiChester, VA

    Gen. Charitable

    $100,000
  17. Dorothea Dix Park ConservancyRaleigh, NC

    Gen. Charitable

    $100,000
  18. EgglestonNorfolk, VA

    Gen. Charitable

    $100,000
  19. Elizabeth River ProjectNorfolk, VA

    Gen. Charitable

    $100,000
  20. Forkids IncChesapeake, VA

    Gen. Charitable

    $100,000
  21. Greenville-Enc AllianceGreenville, NC

    Gen. Charitable

    $100,000
  22. Habitat for Humanity of South HamptNorfolk, VA

    Gen. Charitable

    $100,000
  23. Judeo-Christian Outreach CenterVirginia BCH, VA

    Gen. Charitable

    $100,000
  24. Lake Taylor Transitional Care HospiNorfolk, VA

    Gen. Charitable

    $100,000
  25. Mercy Medical AngelsNorfolk, VA

    Gen. Charitable

    $100,000
  26. Metrolina Association for the BlindCharlotte, NC

    Gen. Charitable

    $100,000
  27. Nansemond-Suffolk AcademySuffolk, VA

    Gen. Charitable

    $100,000
  28. Nauticus FoundationNorfolk, VA

    Gen. Charitable

    $100,000
  29. Ncinnovation IncDurham, NC

    Gen. Charitable

    $100,000
  30. Norfolk Festevents LTDNorfolk, VA

    Gen. Charitable

    $100,000
  31. Novant Health Presbyterian MedicalCharlotte, NC

    Gen. Charitable

    $100,000
  32. Old Dominion University Museum FounNorfolk, VA

    Gen. Charitable

    $100,000
  33. Southampton AcademyCourtland, VA

    Gen. Charitable

    $100,000
  34. Southampton County Historical SocieCourtland, VA

    Gen. Charitable

    $100,000
  35. Star of the Sea Catholic SchoolVirginia Beach, VA

    Gen. Charitable

    $100,000
  36. Suffolk Center for Cultural Arts FoSuffolk, VA

    Gen. Charitable

    $100,000
  37. Sullenberger Aviation MuseumCharlotte, NC

    Gen. Charitable

    $100,000
  38. The First Tee of the TriangleRaleigh, NC

    Gen. Charitable

    $100,000
  39. The Outer Banks HospitalNags Head, NC

    Gen. Charitable

    $100,000
  40. Tidewater Community College EducatiNorfolk, VA

    Gen. Charitable

    $100,000
  41. United Way of South Hampton RoadsNorfolk, VA

    Gen. Charitable

    $100,000
  42. Virginia American Revolution 250Richmond, VA

    Gen. Charitable

    $100,000
  43. Windsor Castle Park FoundationSmithfield, VA

    Gen. Charitable

    $100,000
  44. The Up CenterNorfolk, VA

    Gen. Charitable

    $85,000
  45. Boys & Girls Clubs of Southeast VirVirginia Beach, VA

    Gen. Charitable

    $75,000
  46. Pga Tour Charities IncPonte Vedra, FL

    Gen. Charitable

    $75,000
  47. Boys & Girls Clubs of the VirginiaNewport News, VA

    Gen. Charitable

    $70,000
  48. Stonebridge SchoolChesapeake, VA

    Gen. Charitable

    $70,000
  49. Isle of Wight AcademyIsle of Wight, VA

    Gen. Charitable

    $65,000
  50. Crossover Healthcare MinistryRichmond, VA

    Gen. Charitable

    $60,000
  51. The Salvation Army Greenville NortGreenville, NC

    Gen. Charitable

    $60,000
  52. Tidewater Electrical Industry JointChesapeake, VA

    Gen. Charitable

    $59,000
  53. Foodbank of Southeastern Virginia ANorfolk, VA

    Gen. Charitable

    $55,000
  54. Portsmouth Christian SchoolsPortsmouth, VA

    Gen. Charitable

    $52,335
  55. Augustine Literacy ProjectCharlotte, NC

    Gen. Charitable

    $50,000
  56. Boys & Girls Clubs of the Coastal PWinterville, NC

    Gen. Charitable

    $50,000
  57. Catholic High SchoolVirginia Beach, VA

    Gen. Charitable

    $50,000
  58. Children's Hospital FoundationRichmond, VA

    Gen. Charitable

    $50,000
  59. Chip of South Hampton RoadsChesapeake, VA

    Gen. Charitable

    $50,000
  60. Commonwealth AutismRichmond, VA

    Gen. Charitable

    $50,000
  61. Community Crossroads CenterGreenville, NC

    Gen. Charitable

    $50,000
  62. Edmarc Hospice for ChildrenPortsmouth, VA

    Gen. Charitable

    $50,000
  63. Elevate Early Education IncVirginia BCH, VA

    Gen. Charitable

    $50,000
  64. GSCCCChesapeake, VA

    Gen. Charitable

    $50,000
  65. Hermitage Museum and GardensNorfolk, VA

    Gen. Charitable

    $50,000
  66. MCV Foundation - Vcu Massey CancerRichmond, VA

    Gen. Charitable

    $50,000
  67. North Carolina Family of PhysiciansRaleigh, NC

    Gen. Charitable

    $50,000
  68. Operation Smile IncVirginia BCH, VA

    Gen. Charitable

    $50,000
  69. Outer Banks Dare ChallengeWanchese, NC

    Gen. Charitable

    $50,000
  70. Perkinson Center for the Arts and EChester, VA

    Gen. Charitable

    $50,000
  71. Raleigh Police Department FoundatioRaleigh, NC

    Gen. Charitable

    $50,000
  72. SafechildRaleigh, NC

    Gen. Charitable

    $50,000
  73. Senior Services of Southeastern VirNorfolk, VA

    Gen. Charitable

    $50,000
  74. Sentara FoundationVirginia Beach, VA

    Gen. Charitable

    $50,000
  75. The Hurrah Players IncNorfolk, VA

    Gen. Charitable

    $50,000
  76. The Poe Center for Health EducationRaleigh, NC

    Gen. Charitable

    $50,000
  77. The Valentine MuseumRichmond, VA

    Gen. Charitable

    $50,000
  78. The Williams SchoolNorfolk, VA

    Gen. Charitable

    $50,000
  79. Thrive Peninsula IncNewport News, VA

    Gen. Charitable

    $50,000
  80. Virginia Repertory TheatreRichmond, VA

    Gen. Charitable

    $50,000
  81. Virginia Zoological SocietyNorfolk, VA

    Gen. Charitable

    $50,000
  82. Wakemed FoundationRaleigh, NC

    Gen. Charitable

    $50,000
  83. Families of Autistic Children of TiVirginia Beach, VA

    Gen. Charitable

    $45,000
  84. Emily Green ShoresPortsmouth, VA

    Gen. Charitable

    $43,461
  85. Aces for AutismGreenville, NC

    Gen. Charitable

    $40,000
  86. Art for the JourneyRichmond, VA

    Gen. Charitable

    $40,000
  87. Catholic Charities of Eastern VirgiNorfolk, VA

    Gen. Charitable

    $40,000
  88. Matthews Free Medical ClinicMatthews, NC

    Gen. Charitable

    $40,000
  89. Pitt Community College FoundationGreenville, NC

    Gen. Charitable

    $40,000
  90. Virginia Beach Neptune FestivalVirginia Beach, VA

    Gen. Charitable

    $33,000
  91. Beth Sholom VillageVirginia Beach, VA

    Gen. Charitable

    $30,000
  92. Keneseth Beth IsraelRichmond, VA

    Gen. Charitable

    $30,000
  93. Meals on Wheels of Virginia BeachVirginia BCH, VA

    Gen. Charitable

    $30,000
  94. Southampton Agricultural and ForestCourtland, VA

    Gen. Charitable

    $30,000
  95. Virginia Museum of History & CulturRichmond, VA

    Gen. Charitable

    $30,000
  96. Girls on the Run Hampton RoadsVirginia Beach, VA

    Gen. Charitable

    $28,560
  97. A Place at the TableRaleigh, NC

    Gen. Charitable

    $25,000
  98. Barrier Islands CenterMachipongo, VA

    Gen. Charitable

    $25,000
  99. Bikes for Kids FoundationGreensboro, NC

    Gen. Charitable

    $25,000
  100. Henrico Education FoundationHenrico, VA

    Gen. Charitable

    $25,000
  101. Meals on Wheels of Chesapeake IncChesapeake, VA

    Gen. Charitable

    $25,000
  102. North Carolina Zoological SocietyAsheboro, NC

    Gen. Charitable

    $25,000
  103. North Raleigh Ministries IncRaleigh, NC

    Gen. Charitable

    $25,000
  104. Stepup MinistryRaleigh, NC

    Gen. Charitable

    $25,000
  105. Sweethaven Christian AcademyPortsmouth, VA

    Gen. Charitable

    $25,000
  106. The Community Outreach CoalitionPortsmouth, VA

    Gen. Charitable

    $25,000
  107. The Governor's School for the ArtsNorfolk, VA

    Gen. Charitable

    $25,000
  108. The Paula Takacs Foundation for SarCharlotte, NC

    Gen. Charitable

    $25,000
  109. Transitions LifecareRaleigh, NC

    Gen. Charitable

    $25,000
  110. Wake Technical Community College FoRaleigh, NC

    Gen. Charitable

    $25,000
  111. Western Tidewater Free Clinic IncSuffolk, VA

    Gen. Charitable

    $25,000
  112. Charlotte Rescue MissionCharlotte, NC

    Gen. Charitable

    $20,000
  113. Hope for SuffolkSuffolk, VA

    Gen. Charitable

    $20,000
  114. Nansemond River Preservation AllianSuffolk, VA

    Gen. Charitable

    $20,000
  115. SportableRichmond, VA

    Gen. Charitable

    $20,000
  116. The Salvation Army HracNorfolk, VA

    Gen. Charitable

    $20,000
  117. The Union Mission MinistriesNorfolk, VA

    Gen. Charitable

    $20,000
  118. Wesley Community Service CenterPortsmouth, VA

    Gen. Charitable

    $20,000
  119. Ida Barbour Early Learning CenterPortsmouth, VA

    Gen. Charitable

    $16,666
  120. Sub Culture IncorporatedMechanicsville, VA

    Gen. Charitable

    $16,000
  121. Broadwater AcademyExmore, VA

    Gen. Charitable

    $15,000
  122. Nextup RvaRichmond, VA

    Gen. Charitable

    $15,000
  123. James River AssociationRichmond, VA

    Gen. Charitable

    $12,500
  124. Tidewater WindsVirginia BCH, VA

    Gen. Charitable

    $12,000
  125. Anna Julia Cooper Episcopal SchoolRichmond, VA

    Gen. Charitable

    $10,000
  126. Black Girls Tennis ClubNorfolk, VA

    Gen. Charitable

    $10,000
  127. Hampton Roads Squadron AssociationVirginia Beach, VA

    Gen. Charitable

    $10,000
  128. Nova of Virginia Aquatics IncRichmond, VA

    Gen. Charitable

    $10,000
  129. Pitt County Council on AgingGreenville, NC

    Gen. Charitable

    $10,000
  130. Virginia War Memorial FoundationRichmond, VA

    Gen. Charitable

    $10,000
  131. Virginia TechBlacksburg, VA

    Gen. Charitable

    $10,000
  132. Pga Tour Charities IncGlen Allen, VA

    Gen. Charitable

    $8,000
  133. Old Dominion UniversityNorfolk, VA

    Gen. Charitable

    $7,500
  134. Young Audiences of Virginia Inc DNorfolk, VA

    Gen. Charitable

    $5,000
  135. NC State UniversityRaleigh, NC

    Gen. Charitable

    $5,000
  136. University of VirginiaCharlottesvle, VA

    Gen. Charitable

    $5,000
  137. William & Mary Marshall-Wythe SchooWilliamsburg, VA

    Gen. Charitable

    $5,000
  138. William & Mary Raymond A Mason SchWilliamsburg, VA

    Gen. Charitable

    $5,000
  139. Comfort Zone Camp IncRichmond, VA

    Gen. Charitable

    $3,200
  140. The Amyotrophic Lateral Sclerosis AArlington, VA

    Gen. Charitable

    $2,585
  141. Christopher Newport UniversityNewport News, VA

    Gen. Charitable

    $2,500
  142. Clemson UniversityClemson, SC

    Gen. Charitable

    $2,500
  143. College of William and MaryWilliamsburg, VA

    Gen. Charitable

    $2,500
  144. East Carolina UniversityGreenville, NC

    Gen. Charitable

    $2,500
  145. George Mason UniversityFairfax, VA

    Gen. Charitable

    $2,500
  146. Goucher CollegeBaltimore, MD

    Gen. Charitable

    $2,500
  147. Hampden-Sydney CollegeHmpden Sydney, VA

    Gen. Charitable

    $2,500
  148. James Madison UniversityHarrisonburg, VA

    Gen. Charitable

    $2,500
  149. Longwood UniversityFarmville, VA

    Gen. Charitable

    $2,500
  150. Norfolk State UniversityNorfolk, VA

    Gen. Charitable

    $2,500
  151. Penn State UniversityUniversity Park, PA

    Gen. Charitable

    $2,500
  152. Randolph-Macon CollegeAshland, VA

    Gen. Charitable

    $2,500
  153. Rappahannock Community CollegeWarsaw, VA

    Gen. Charitable

    $2,500
  154. The University of MississippiUniversity, MS

    Gen. Charitable

    $2,500
  155. UNC CharlotteCharlotte, NC

    Gen. Charitable

    $2,500
  156. University of LouisvilleLouisville, KY

    Gen. Charitable

    $2,500
  157. Virginia Commonwealth UniversityRichmond, VA

    Gen. Charitable

    $2,500
  158. Virginia Military InstituteLexington, VA

    Gen. Charitable

    $2,500
  159. Virginia Wesleyan UniversityVirginia BCH, VA

    Gen. Charitable

    $2,500
  160. Winthrop UniversityRock Hill, SC

    Gen. Charitable

    $2,500
  161. Davidson CollegeDavidson, NC

    Gen. Charitable

    $2,500
  162. Old Brick House FoundationColonial HGTS, VA

    Gen. Charitable

    $1,200
  163. William & Mary Marshall-Wythe SchooWilliamsburg, VA

    Gen. Charitable

    $1,000
  164. Davidson CollegeDavidson, NC

    Gen. Charitable

    $1,000
  165. Ronald McDonald House Charities ofRichmond, VA

    Gen. Charitable

    $800
  166. Make-A-Wish Foundation of GreaterRichmond, VA

    Gen. Charitable

    $500
  167. Comfort Zone Camp IncRichmond, VA

    Gen. Charitable

    $265
  168. Garfield's Rescue IncKilmarnock, VA

    Gen. Charitable

    $256
  169. Virginia Tech FoundationBlacksburg, VA

    Gen. Charitable

    $180
  170. Fostering Hope RvaHenrico, VA

    Gen. Charitable

    $128
  171. Feed More IncRichmond, VA

    Gen. Charitable

    $104
  172. Cat Adoption & Rescue Efforts IncHenrico, VA

    Gen. Charitable

    $103
  173. Virginia Repertory TheatreRichmond, VA

    Gen. Charitable

    $103
  174. Kids Connection HaitiWashington, DC

    Gen. Charitable

    $100
  175. Battle of the Bulge Association inMechanicsville, VA

    Gen. Charitable

    $100
  176. Mercersburg AcademyMercersburg, PA

    Gen. Charitable

    $100
  177. Comfort Zone Camp IncRichmond, VA

    Gen. Charitable

    $59
  178. St Mary's SchoolRichmond, VA

    Gen. Charitable

    $40

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Arts and culture12 grants $513,30318% of the total
  2. Education17 grants $499,78018% of the total
  3. Health8 grants $455,50016% of the total
  4. Sports and recreation5 grants $320,00011% of the total
  5. Human services9 grants $205,1907% of the total
  6. Housing and shelter2 grants $200,0007% of the total
  7. 11 other causes20 grants $612,80722% of the total

By State

Grants to organizations with a US address, latest year.

  1. Virginia128 grants $6,149,645
  2. North Carolina40 grants $2,087,786
  3. Florida1 grant $75,000
  4. Pennsylvania3 grants $5,100
  5. South Carolina2 grants $5,000
  6. Kentucky1 grant $2,500
  7. Maryland1 grant $2,500
  8. Mississippi1 grant $2,500
  9. District of Columbia1 grant $100

Officers, directors and trustees

5 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • G Robert Aston JrPRESIDENT & Hours 2Pay $0
  • J Morgan DavisVP & DIRECTO Hours 2Pay $0
  • William T HodsdenSECRETARY & Hours 2Pay $0
  • R Scott MorganTREASURER & Hours 2Pay $0
  • Robyn S LeavyEXECUTIVE DI Hours 8Pay $25,000

The return

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