Executive compensation
Form 990-PF · Part VIII · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Diseases, Disorders & Medical Disciplines organizations in Virginia.
| Position | Total |
|---|---|
Executive Di 10th to 25th percentile | $25k $27k |
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 4 unpaid individuals.
Browse compensation in Diseases, Disorders & Medical Disciplines →
Top pay as a share of expenses
In 2024, the highest total compensation at TOWNEBANK FOUNDATION equaled 0.3% of the organization's total expenses. The median for diseases, disorders & medical disciplines organizations is 10%.
Based on 2,393 diseases, disorders & medical disciplines organizations, each measured at its most recent filing year with reported expenses and compensation.
Grants paid
Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.
Total granted
$8.3M
Itemized grants
178
Median grant
$37k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| VIRGINIA WESLEYAN UNIVERSITY | VIRGINIA BEACH, VA | GEN. CHARITABLE | $313k |
| CHRISTOPHER NEWPORT UNIVERSITY EDUC | NEWPORT NEWS, VA | GEN. CHARITABLE | $200k |
| EASTERN VIRGINIA MEDICAL SCHOOL FOU | NORFOLK, VA | GEN. CHARITABLE | $200k |
| HAMPTON UNIVERSITY | HAMPTON, VA | GEN. CHARITABLE | $200k |
| EQUI-KIDS THERAPEUTIC RIDING PROGRA | VIRGINIA BEACH, VA | GEN. CHARITABLE | $150k |
| CHILDREN'S HOSPITAL OF THE KING'S D | NORFOLK, VA | GEN. CHARITABLE | $125k |
| RICHMOND BALLET | RICHMOND, VA | GEN. CHARITABLE | $125k |
| JUNIOR ACHIEVEMENT OF CENTRAL CAROL | CHARLOTTE, NC | GEN. CHARITABLE | $114k |
| APPALACHIAN STATE UNIVERSITY FOUNDA | BOONE, NC | GEN. CHARITABLE | $100k |
| ATRIUM HEALTH FOUNDATION | CHARLOTTE, NC | GEN. CHARITABLE | $100k |
| BON SECOURS HAMPTON ROADS FOUNDATIO | SUFFOLK, VA | GEN. CHARITABLE | $100k |
| CENTRAL PIEDMONT COMMUNITY COLLEGE | CHARLOTTE, NC | GEN. CHARITABLE | $100k |
| CHESAPEAKE BAY ACADEMY | VIRGINIA BEACH, VA | GEN. CHARITABLE | $100k |
| CHESAPEAKE REGIONAL HEALTH FOUNDATI | CHESAPEAKE, VA | GEN. CHARITABLE | $100k |
| CHRYSLER MUSEUM OF ART | NORFOLK, VA | GEN. CHARITABLE | $100k |
| COMMUNITIES IN SCHOOLS OF CHESTERFI | CHESTER, VA | GEN. CHARITABLE | $100k |
| DOROTHEA DIX PARK CONSERVANCY | RALEIGH, NC | GEN. CHARITABLE | $100k |
| EGGLESTON | NORFOLK, VA | GEN. CHARITABLE | $100k |
| ELIZABETH RIVER PROJECT | NORFOLK, VA | GEN. CHARITABLE | $100k |
| FORKIDS INC | CHESAPEAKE, VA | GEN. CHARITABLE | $100k |
| GREENVILLE-ENC ALLIANCE | GREENVILLE, NC | GEN. CHARITABLE | $100k |
| HABITAT FOR HUMANITY OF SOUTH HAMPT | NORFOLK, VA | GEN. CHARITABLE | $100k |
| JUDEO-CHRISTIAN OUTREACH CENTER | VIRGINIA BEACH, VA | GEN. CHARITABLE | $100k |
| LAKE TAYLOR TRANSITIONAL CARE HOSPI | NORFOLK, VA | GEN. CHARITABLE | $100k |
| MERCY MEDICAL ANGELS | NORFOLK, VA | GEN. CHARITABLE | $100k |
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Held steady
from 2023
From $25k in 2023 to $25k in 2024.
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.
Chief Executive Officer pay held roughly steady from 2023 to 2024, while revenue rose 49%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
TOWNEBANK FOUNDATION reported revenue and expenses across 2 filing years.
This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.
What Diseases, Disorders & Medical Disciplines executives earn in Virginia
Comparable diseases, disorders & medical disciplines organizations in Virginia pay their highest-earning executive a median of $128,846.
These are diseases, disorders & medical disciplines sector-wide figures, not this organization's reported pay. Based on 93 organizations across 93 filings (2023 – 2024).
See full Diseases, Disorders & Medical Disciplines pay data for Virginia →Common questions about TOWNEBANK FOUNDATION
What does the Chief Executive Officer of TOWNEBANK FOUNDATION earn?
In 2024, the Chief Executive Officer of TOWNEBANK FOUNDATION received $25,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Diseases, Disorders & Medical Disciplines organizations in Virginia, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at TOWNEBANK FOUNDATION compare with similar nonprofits?
Compared with the same role at Diseases, Disorders & Medical Disciplines organizations in Virginia, the 2024 pay of the Chief Executive Officer at TOWNEBANK FOUNDATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at TOWNEBANK FOUNDATION equaled 0.3% of the organization's total expenses. The median for diseases, disorders & medical disciplines organizations is 10%.
What are TOWNEBANK FOUNDATION's revenue and expenses?
In 2024, TOWNEBANK FOUNDATION reported $12M in total revenue and $9.1M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.
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