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Filing year 2024

SUFFOLK FOUNDATION

Suffolk, Virginia·EIN 20-5998525·NTEE T31 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$7.1M
Total assets
$17.8M
Total expenses
$1.6M
Reported officers
22
Mission

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.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$86k
$92k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 21 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Up 82%
from 2023

From $47k in 2023 to $86k in 2024.

$47k
2023
$86k
2024
In today's dollarsEst.
Up 77% in real terms$52k to $92k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SUFFOLK FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.2M
$1.1M
2023
$7.1M
$1.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Virginia

Comparable philanthropy, voluntarism & grantmaking organizations in Virginia pay their highest-earning executive a median of $18,478.

25th percentile
$6k
Median
$18,478
75th percentile
$76k
90th percentile
$186k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 112 organizations across 112 filings (2022 – 2023).

See full Philanthropy, Voluntarism & Grantmaking pay data for Virginia
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