Public nonprofit record
SUFFOLK FOUNDATION
EIN 20-5998525 · Community Foundations (T31)
What they do
THE MISSION of THE SUFFOLK FOUNDATION is to BENEFIT THE PEOPLE of SUFFOLK and WESTERN TIDEWATER BY FACILITATING and DEVELOPING PHILANTHROPY, and BY AWARDING GRANTS and SCHOLARSHIPS to MEET LOCAL COMMUNITY NEEDS.
Money
Tax year 2025Financial picture
Revenue$5,986,360
Expenses$2,056,457
Assets$22,180,844
Income$9,568,678
Contributions$4,741,673
Grants given$5,457,332
Average grant$19,490
Management$51,575
Stocks and bonds$20,458,605
Accounting fees$7,497
Investing fees$108,562
About this charity
- Recognized since
- January 2007
- Location
- 110 W FINNEY AVE 100, SUFFOLK, VA 23434
- County
- City of Suffolk
- In care of
- O KERMIT HOBBS JR
- Primary officer
- O KERMIT HOBBS JR, PRESIDENT
How to reach them
Filing and classification
- Latest tax year
- 2025
- Tax period began
- January 1, 2025
- Return type
- 990
- Tax preparer
- BARNES BROCK CORNWELL & PAINTER PLC
- NTEE classification
- Community Foundations (T31)
- IRS tax category
- Community Foundations
- Grant-giving organization
- Yes
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 1000
- Deductibility
- 1
- Foundation
- 15
- Organization
- 1
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