2023-11-15T08:50:21-08:00 2022-12-31 830368487 BOYCE SPADY & MOORE PLC 1013 W Washington Street Suffolk VA 23434 990 2022-01-01 205998525 SUFFOLK FOUNDATION SUFF 7579239090 110 W FINNEY AVE 100 SUFFOLK VA 23434 HARRY CROSS III President 2023-11-15 true HARRY CROSS III 999009999 true Robert M Moore Jr P00063540 7575392953 X 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z 110 W FINNEY AVE 100 SUFFOLK VA 23434 3938969 false X www.suffolkfoundation.org 2006 THE MISSION OF THE SUFFOLK FOUNDATION IS TO FACILITATE AND DEVELOP PHILANTHROPY TO BENEFIT THE CITIZENS OF SUFFOLK AND THE SURROUNDING AREAS. OUR GRANTS TARGET HEALTH, EDUCATION, ARTS, CULTURE, THE ENVIRONMENT, ANIMAL WELFARE AND HUMAN NEEDS AND SERVICES. SINCE OUR FOUNDING IN 2006, WE'VE AWARDED OVER $6.8 MILLION IN GRANTS AND OVER $300,000 IN SCHOLARSHIPS BENEFITING SUFFOLK AND WESTERN TIDEWATER. 19 19 6 23 0 703142 988246 0 865672 341860 0 1568814 1330106 621142 655483 0 104293 125467 0 91916 177897 169773 903332 950723 665482 379383 12669857 11006379 2598 2527 12667259 11003852 TO FACILITATE AND DEVELOP PHILANTHROPY TO BENEFIT THE CITIZENS OF THE CITY OF SUFFOLK, VIRGINIA AND THE SURROUNDING AREAS. OUR GRANTS TARGET HEALTH, EDUCATION, ARTS, CULTURE, THE ENVIRONMENT, ANIMAL WELFARE AND HUMAN NEEDS AND SERVICES. false false 803571 655483 988246 IN 2022 THE FOUNDATION AWARDED $150,000 IN COMMUNITY IMPACT GRANTS TO 33 NONPROFIT ORGANIZATIONS SERVING SUFFOLK AND WESTERN TIDEWATER. IN ADDITION WE AWARDED $58,000 IN SCHOLARSHIPS TO LOCAL STUDENTS TO ASSIST THEM WITH COLLEGE EXPENSES. INCLUDING OUR WOMEN'S IMPACT FUND, OUR DESIGNATED FUNDS, AND ALL GRANTS AND SCHOLARSHIPS, THE SUFFOLK FOUNDATION SUPPORTED OUR COMMUNITY THROUGH $696,000 IN GRANTS AND EDUCATIONAL AWARDS. 803571 true true false false false true false false false true true false false false false false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false true 3 0 true 6 true false false false false false false false 0 false false false false false false false false false false X 19 19 true false false false false false false true true false false true true true true true true true false false X X X SUFFOLK FOUNDATION 7575390832 110 W FINNEY AVE SUFFOLK VA 23434 X WHITNEY SAUNDERS Director 1.00 0.00 X 0 0 0 THOMAS M CHAMBERLAIN Director 1.00 0.00 X 0 0 0 DEBORAH RUSSELL Director 1.00 0.00 X 0 0 0 HARRY CROSS III Vice President 1.00 0.00 X X 0 0 0 DWIGHT SCHAUBACH Director 1.00 0.00 X 0 0 0 J WAYNE SCOTT Treasurer 1.00 0.00 X X 0 0 0 LEROY BENNETT Secretary 1.00 0.00 X X 0 0 0 JAMES LESLIE HALL Director 1.00 0.00 X 0 0 0 CARL FARRIS JR Director 1.00 0.00 X 0 0 0 DAVID HOST Director 1.00 0.00 X 0 0 0 B J WILLIE Director 1.00 0.00 X 0 0 0 JAMES E BUTLER III Director 1.00 0.00 X 0 0 0 S CHRIS JONES Director 1.00 0.00 X 0 0 0 OLIVER KERMIT HOBBS JR Director 1.00 0.00 X 0 0 0 JOSEPH N WEBB JR Director 1.00 0.00 X 0 0 0 MARGARET WILEY Director 1.00 0.00 X 0 0 0 VERNON TOWLER Director 1.00 0.00 X 0 0 0 GEORGE BIRDSONG Director 1.00 0.00 X 0 0 0 MARY HADDAD President 1.00 0.00 X X 0 0 0 0 false false false 0 988246 988246 0 222613 222613 0 0 0 2728110 2607166 1697 120944 -1697 119247 119247 0 0 0 0 1330106 119247 222613 597121 597121 58362 58362 0 0 0 0 103158 36286 33436 33436 0 14502 4834 4834 4834 7807 2603 2602 2602 0 0 6107 6107 0 0 0 8400 8400 9743 6547 3196 0 0 0 13200 4400 4400 4400 0 0 0 0 0 12548 4183 4183 4182 6820 6820 INVESTMENT FEES 77725 77725 MARKETING 9655 4828 4827 SUPPLIES 7387 2463 2462 2462 DUES AND SUBSCRIPTIONS 7099 1405 1083 4611 11089 2814 2236 6039 950723 803571 55236 91916 644663 589775 11873022 10322677 98000 54000 0 0 0 0 0 0 82156 42229 54172 39927 0 0 0 0 0 12669857 11006379 2598 2527 2598 2527 X 12667259 11003852 12667259 11003852 12669857 11006379 379383 -2042790 X false false false X 3117143 727170 833228 703142 988246 6368929 0 0 3117143 727170 833228 703142 988246 6368929 0 6368929 139289 289992 288669 865672 343557 1927179 0 -526337 1479370 724342 654198 -2044487 287086 8583194 0.74200 0.55130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17 273690 407596 3599736 true true 11975421 848294 -1776928 508987 104752 10433048 10630062 683118 1442116 672225 107650 11975421 9655486 944758 817891 697804 90269 10630062 7799627 557824 1702792 321451 83306 9655486 5796948 2742986 -432800 252390 55117 7799627 1.00000 false false false 35992 9197 26795 46164 33032 13132 39927 Part V, Line 4: Intended uses of the endowment fund. THE FOUNDATION SPENDS A PORTION OF ITS ENDOWMENT BALANCE EACH YEAR TO PROVIDE GRANTS AND SCHOLARSHIPS TO BENEFIT THE SUFFOLK AND WESTERN TIDEWATER COMMUNITY. true CHKD 601 CHILDRENS LANE NORFOLK VA 23507 7750 0 CHKD CHILD ADVOCACY CENTER 935 REDGATE AVE NORFOLK VA 23507 8000 0 COALITION AGAINST POVERTY 157 N MAIN ST SUFFOLK VA 23434 6000 0 EVMS FOUNDATION PO BOX 5 NORFOLK VA 23501 6500 0 FORKIDS 4200 COLLEY AVE NORFOLK VA 23508 12500 0 GLOBAL ACTION PLATFORM 1900 BELMONT BLVD NASHVILLE TN 37212 100500 0 HAMPTON ROADS WORKFORCE FDN 999 WATERSIDE DR NORFOLK VA 23510 25000 0 JIMMYE LAYCOCK CHARITY FOUNDA 1801 MERRIMAC TRIAL WILLIAMSBURG VA 23185 10000 0 NANSEMOND-SUFFOLK ACADEMY 3373 PRUDEN BLVD SUFFOLK VA 23434 6500 0 NRPA 22377 BELMONT RIDGE RD ASHBURN VA 20148 12500 0 RAWLS MUSEUM OF ARTS 22376 LINDEN STREET COURTLAND VA 23837 15000 0 RBR UPLIFT CHARITABLE FOUNDAT PO BOX 1853 SUFFOLK VA 23432 5600 0 ROC SOLID FOUNDATION 3333 STATION HOUSE RD CHESAPEAKE VA 23321 31500 0 SALISBURY UNIVERSITY FOUNDATI 1308 CAMDEN AVE SALISBURY MD 21801 5500 0 SALVATION ARMY 400 BANK ST SUFFOLK VA 23434 33000 0 ST MICHAELS CONCOURS DELEGAN 117 YACHT CLUB DR CHESTER MD 21619 10000 0 SUFFOLK CTR FOR CULTURAL ARTS 110 W FINNEY AVE SUFFOLK VA 23434 56850 0 SUFFOLK EDUCATION FOUNDATION 1426 HOLLAND RD SUFFOLK VA 23434 33400 0 SUFFOLK MEALS ON WHEELS 2800 GODWIN BLVD SUFFOLK VA 23434 10000 0 TAYLOR BEND FAMILY YMCA 4626 TAYLOR RD CHESAPEAKE VA 23321 6500 0 TOWNEBANK FOUNDATION 6001 HARBOUR VIEW BLVD SUFFOLK VA 23435 7500 0 UNION MISSION 5100 E VIRGINIA BEACH BLVD NORFOLK VA 23502 15000 0 VA LEGAL AID SOCIETY 155 EAST WASHINGTON ST SUFFOLK VA 23434 15000 0 WASHINGTON & LEE UNIVERSITY 33 WASHINGTON HALL LEXINGTON VA 24450 6346 0 WESTERN TIDEWATER FREE CLINIC 3000 GODWIN BLVD SUFFOLK VA 23434 10000 0 0 25 COLLEGE SCHOLARSHIPS 15 58362 Form 990, Part VI, Section A, Line 2 SEVERAL BOARD MEMBERS HAVE BUSINESS RELATIONSHIPS Form 990, Part VI, Section B, Line 11b THE 990 WAS SENT TO ALL BOARD MEMBERS PRIOR TO FILING Form 990, Part VI, Section B, Line 12c to date there has been zero non-compliance with the policy; should there be one, enforcement will be addressed by the Executive Committee Form 990, Part VI, Section B, Line 15a The review is conducted by the Board President and approved by first the Executive Committee and then the full Board; compensation data for other Community Foundations in the immediate geographic area is compiled and those Executive Director compensations are presented as percentage of the organizations total assets as the means of substantiating the compensation paid to the Suffolk Foundation Executive Director. Form 990, Part VI, Section C, Line 19 AVAILABLE UPON REQUEST & ON OUR WEBSITE