Townebank Foundation
Historical FunderSuffolk, Virginia · EIN 54-2036534 · Private foundation
Grants paid (2024)$8.3M
Organizations funded178
Typical grant$33,000
Total assets$30.4M
Half of its grants to organizations were between $5,000 and $75,000.
From the return
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2024):
| Contact | TOWNEBANK ATTN ROBYN LEAVY |
|---|---|
| Address | 6001 HARBOUR VIEW BLVD, SUFFOLK VA 23435 |
| Phone | 7576731783 |
| ROBYN.LEAVY@TOWNEBANK.NET | |
| 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. |
Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
28% of grants went outside Virginia.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Virginia Wesleyan University | Virginia Beach, VA | Gen. charitable | $312,500 |
| Christopher Newport University Educ | Newport News, VA | Gen. charitable | $200,000 |
| Eastern Virginia Medical School Fou | Norfolk, VA | Gen. charitable | $200,000 |
| Hampton University | Hampton, VA | Gen. charitable | $200,000 |
| Equi-Kids Therapeutic Riding Progra | Virginia Beach, VA | Gen. charitable | $150,000 |
| Children's Hospital of the King's D | Norfolk, VA | Gen. charitable | $125,000 |
| Richmond Ballet | Richmond, VA | Gen. charitable | $125,000 |
| Junior Achievement of Central Carol | Charlotte, NC | Gen. charitable | $114,286 |
| Appalachian State University Founda | Boone, NC | Gen. charitable | $100,000 |
| Atrium Health Foundation | Charlotte, NC | Gen. charitable | $100,000 |
| Bon Secours Hampton Roads Foundatio | Suffolk, VA | Gen. charitable | $100,000 |
| Central Piedmont Community College | Charlotte, NC | Gen. charitable | $100,000 |
| Chesapeake Bay Academy | Virginia Beach, VA | Gen. charitable | $100,000 |
| Chesapeake Regional Health Foundati | Chesapeake, VA | Gen. charitable | $100,000 |
| Chrysler Museum of Art | Norfolk, VA | Gen. charitable | $100,000 |
| Communities in Schools of Chesterfi | Chester, VA | Gen. charitable | $100,000 |
| Dorothea Dix Park Conservancy | Raleigh, NC | Gen. charitable | $100,000 |
| Eggleston | Norfolk, VA | Gen. charitable | $100,000 |
| Elizabeth River Project | Norfolk, VA | Gen. charitable | $100,000 |
| Forkids Inc | Chesapeake, VA | Gen. charitable | $100,000 |
| Greenville-Enc Alliance | Greenville, NC | Gen. charitable | $100,000 |
| Habitat for Humanity of South Hampt | Norfolk, VA | Gen. charitable | $100,000 |
| Judeo-Christian Outreach Center | Virginia Beach, VA | Gen. charitable | $100,000 |
| Lake Taylor Transitional Care Hospi | Norfolk, VA | Gen. charitable | $100,000 |
| Mercy Medical Angels | Norfolk, VA | Gen. charitable | $100,000 |
| Metrolina Association for the Blind | Charlotte, NC | Gen. charitable | $100,000 |
| Nansemond-Suffolk Academy | Suffolk, VA | Gen. charitable | $100,000 |
| Nauticus Foundation | Norfolk, VA | Gen. charitable | $100,000 |
| Ncinnovation Inc | Durham, NC | Gen. charitable | $100,000 |
| Norfolk Festevents Ltd | Norfolk, VA | Gen. charitable | $100,000 |
| Novant Health Presbyterian Medical | Charlotte, NC | Gen. charitable | $100,000 |
| Old Dominion University Museum Foun | Norfolk, VA | Gen. charitable | $100,000 |
| Southampton Academy | Courtland, VA | Gen. charitable | $100,000 |
| Southampton County Historical Socie | Courtland, VA | Gen. charitable | $100,000 |
| Star of the Sea Catholic School | Virginia Beach, VA | Gen. charitable | $100,000 |
| Suffolk Center for Cultural Arts Fo | Suffolk, VA | Gen. charitable | $100,000 |
| Sullenberger Aviation Museum | Charlotte, NC | Gen. charitable | $100,000 |
| The First Tee of the Triangle | Raleigh, NC | Gen. charitable | $100,000 |
| The Outer Banks Hospital | Nags Head, NC | Gen. charitable | $100,000 |
| Tidewater Community College Educati | Norfolk, VA | Gen. charitable | $100,000 |
| United Way of South Hampton Roads | Norfolk, VA | Gen. charitable | $100,000 |
| Virginia American Revolution 250 | Richmond, VA | Gen. charitable | $100,000 |
| Windsor Castle Park Foundation | Smithfield, VA | Gen. charitable | $100,000 |
| The Up Center | Norfolk, VA | Gen. charitable | $85,000 |
| Boys & Girls Clubs of Southeast Vir | Virginia Beach, VA | Gen. charitable | $75,000 |
| Pga Tour Charities Inc | Ponte Vedra Beach, FL | Gen. charitable | $75,000 |
| Boys & Girls Clubs of the Virginia | Newport News, VA | Gen. charitable | $70,000 |
| Stonebridge School | Chesapeake, VA | Gen. charitable | $70,000 |
| Isle of Wight Academy | Isle of Wight, VA | Gen. charitable | $65,000 |
| Crossover Healthcare Ministry | Richmond, VA | Gen. charitable | $60,000 |
| The Salvation Army Greenville Nort | Greenville, NC | Gen. charitable | $60,000 |
| Tidewater Electrical Industry Joint | Chesapeake, VA | Gen. charitable | $59,000 |
| Foodbank of Southeastern Virginia a | Norfolk, VA | Gen. charitable | $55,000 |
| Portsmouth Christian Schools | Portsmouth, VA | Gen. charitable | $52,335 |
| Augustine Literacy Project | Charlotte, NC | Gen. charitable | $50,000 |
| Boys & Girls Clubs of the Coastal P | Winterville, NC | Gen. charitable | $50,000 |
| Catholic High School | Virginia Beach, VA | Gen. charitable | $50,000 |
| Children's Hospital Foundation | Richmond, VA | Gen. charitable | $50,000 |
| Chip of South Hampton Roads | Chesapeake, VA | Gen. charitable | $50,000 |
| Commonwealth Autism | Richmond, VA | Gen. charitable | $50,000 |
Showing the 60 largest of 178 grants to organizations.
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $8,330,131 | 178 |
| 2023 | $7,418,106 | 162 |
Sources
- IRS Form 990-PF, tax year 2024, filed Nov 13, 2025 - IRS e-file batch, object ID 202503179349101545
- IRS Tax Exempt Organization Search for EIN 54-2036534
- Profile updated Nov 4, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.