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Townsend Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2017. The principal officer is Foundation Source. It holds total assets of $444K. Annual income is reported at $108K. Total assets have grown from $233K in 2019 to $477K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Virginia. According to available records, Townsend Family Foundation has made 105 grants totaling $179K, with a median grant of $1K. Annual giving has decreased from $109K in 2022 to $71K in 2023. Individual grants have ranged from $500 to $25K, with an average award of $2K. The foundation has supported 43 unique organizations. The foundation primarily supports organizations in Virginia, Maryland, Alabama, which account for 90% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$2K
Largest Grant
$5K
Based on 36 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Townsend Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 105 grants. Its grantmaking reaches organizations primarily in VA, MD, AL.
Townsend Family Foundation has distributed a total of $179K across 105 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $500 to $25K.
Townsend Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Townsend Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Shannon S Townsend | Dir, Pres, Treas | $0 | $0 | N/A |
| William Townsend | Dir, Sec, VP | $0 | $0 | N/A |
Total Giving
$80K
Total Assets
$477K
Fair Market Value
$509K
Net Worth
$477K
Grants Paid
$71K
Contributions
N/A
Net Investment Income
$31K
Distribution Amount
$26K
Total Grants
105
Total Giving
$179K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
43
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United States Naval Academy Foundation IncHonor Our Fallen Heroes | Annapolis, MD | $25K | 2023 |
| Lil Roar Cat RescueGeneral & Unrestricted | Virginia Beach, VA | $6K | 2023 |
| Eastern Shore Chapel Episcopal Churchgeneral fund and the Chapel Pantry | Virginia Beach, VA | $5K | 2023 |
| Cape Henry Collegiate School Inc2022 Capital Campaign for the Center for Innovation and Performing Arts | Virginia Bch, VA | $5K | 2023 |
| Southeastern Virginia Areawide Model Program IncGeneral & Unrestricted | Norfolk, VA | $3K | 2023 |
| Lynnhaven River NowGeneral & Unrestricted | Virginia Bch, VA | $3K | 2023 |
| Cystic Fibrosis FoundationCharitable Event | Richmond, VA | $2K | 2023 |
| Hope House Foundation IncGeneral & Unrestricted | Norfolk, VA | $1K | 2023 |
| Horizons Hampton Roads IncGeneral & Unrestricted | Norfolk, VA | $1K | 2023 |
| Judeo-Christian Outreach Center IncGeneral & Unrestricted | Virginia Bch, VA | $1K | 2023 |
| Mother Seton House IncGeneral & Unrestricted | Virginia Bch, VA | $1K | 2023 |
| Reach IncGeneral & Unrestricted | Norfolk, VA | $1K | 2023 |
| Samaritan House IncGeneral & Unrestricted | Virginia Bch, VA | $1K | 2023 |
| Little Theatre Of Virginia Beach IncGeneral & Unrestricted | Virginia Bch, VA | $1K | 2023 |
| Child & Family Services Of Eastern Virginia IncGeneral & Unrestricted | Norfolk, VA | $1K | 2023 |
| Comfort Cases IncGeneral & Unrestricted | Rockville, MD | $1K | 2023 |
| Dc Abortion FundGeneral & Unrestricted | Washington, DC | $1K | 2023 |
| Foodbank Of Southeastern VirginiaGeneral & Unrestricted | Norfolk, VA | $1K | 2023 |
| Forkids IncGeneral & Unrestricted | Chesapeake, VA | $1K | 2023 |
| Habitat For Humanity International IncGeneral & Unrestricted | Norfolk, VA | $1K | 2023 |
| Young Womens Christian Association Of South HamptoGeneral & Unrestricted | Norfolk, VA | $1K | 2023 |
| Virginia Beach SpcaGeneral & Unrestricted | Virginia Bch, VA | $1K | 2023 |
| Virginia Center For Inclusive CommunitiesGeneral & Unrestricted | Richmond, VA | $1K | 2023 |
| Equal Justice InitiativeGeneral & Unrestricted | Montgomery, AL | $1K | 2023 |
| Hampton Roads Community FoundationGeneral & Unrestricted | Norfolk, VA | $1K | 2023 |
| St Marys Home For Disabled Children IncGeneral & Unrestricted | Norfolk, VA | $1K | 2023 |
| Urban League Of Hampton Roads IncGeneral & Unrestricted | Norfolk, VA | $1K | 2023 |
| Virginia Beach Court Appointed Special Advocate PrGeneral & Unrestricted | Virginia Beach, VA | $1K | 2023 |
| American Cancer Society IncGeneral & Unrestricted | Glen Allen, VA | $500 | 2023 |
| Animal Resources Of TidewaterGeneral & Unrestricted | Norfolk, VA | $500 | 2023 |
| Friends Of Culebra Animals IncGeneral & Unrestricted | Culebra, PR | $500 | 2023 |
| Corporal Mark Goyet Memorial Foundation IncGeneral & Unrestricted | Virginia Bch, VA | $500 | 2023 |
| Vetshouse IncorporatedGeneral & Unrestricted | Virginia Bch, VA | $500 | 2023 |
| Nature ConservancyGeneral & Unrestricted | Arlington, VA | $3K | 2022 |