Private Foundation

TOWN FOUNDATION

TOWN FOUNDATION is a private foundation categorized as Private Foundation based in NORFOLK, VA. Its most recent IRS filing (2025) reports revenue of $225K, expenses of $115K, total assets of $1.8M. Imperigo tracks 26 reported grants from this foundation totaling approximately $660K.

EIN: 541442707 NORFOLK, VA Latest filing: 2025
Total Revenue$225K
Total Expenses$115K
Total Assets$1.8M
Grants Given26
Grant Total$660K
Filing Years2021–2025

Sample Grants Given

JAMES MADISON UNIVERSITY
HARRISONBURG, VA · 2025
SCHOLARSHIPS
$40,000
OLD DOMINION UNIVERSITY
NORFOLK, VA · 2025
SCHOLARSHIPS
$33,600
NORFOLK STATE UNIVERSITY
NORFOLK, VA · 2025
SCHOLARSHIPS
$12,500
TIDEWATER COMMUNITY COLLEGE
NORFOLK, VA · 2025
SCHOLARSHIPS
$7,500
OLD DOMINION UNIVERSITY
NORFOLK, VA · 2024
SCHOLARSHIPS
$29,400

Showing up to 5 of 26 total records — full history available with membership.

Officers & Directors

TREASURER Bruce Longman
DIRECTOR Howard E Gordon
DIRECTOR Jonathan Clark
SECRETARY Kay R Egan
DIRECTOR Ramin Alimard
DIRECTOR Susan Longman

Officer compensation and complete director data available with membership.

Top Grant Purposes

SCHOLARSHIPS
$659,590 25 grants
GRANT
$100 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $225K $115K $1.8M
2024 $127K $98K $1.6M
2023 $32K $92K $1.6M
2022 $58K $83K $1.5M
2021 $121K $76K $1.8M

Between 2021 and 2025, reported annual revenue grew from $121K to $225K (+86%), with total assets most recently reported at $1.8M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in VA.

VA

Full geographic grant map with state-by-state breakdown available with membership.

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