Building a better community
Part of the mission of the Suffolk Foundation is to facilitate and develop philanthropy which will allow charitable grant making to benefit the citizens in the City of Suffolk and the surrounding area. The Suffolk Foundation’s mission is to assist individuals, corporations, organizations, and other foundations in meeting their charitable goals.
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THE SUFFOLK FOUNDATION was incorporated on November 9, 2006, and received its 501(c)(3) tax-exempt status from the IRS on October 4, 2007. Mr. William N. Hill, former Suffolk Public Schools administrator, was selected by the Board to serve as the Foundation’s first Executive Director. The original Foundation office was located at 1514 Holland Road, which shared space with the Obici Healthcare Foundation. Later, through the generosity of Mr. Angus I. Hines, Jr., one of the founding members, the Foundation established its office at 1426 Holland Road in Suffolk. The Foundation’s current office is at 110 West Finney Ave. in Suffolk.
The Foundation is a tax-exempt organization; it is a non-profit, autonomous, publicly-supported, nonsectarian, philanthropic institution with a long-term goal of receiving and managing funds which benefit the citizens of Suffolk perpetually. These funds have been and will be established by many separate donors for the broad-based charitable needs of Suffolk and the surrounding area. The Suffolk Foundation accepts contributions from individuals, businesses, foundations, and other non-profit organizations. These funds are held in trust and pooled together for investment purposes. The income earned on these funds is distributed annually in the form of grants to non-profit agencies, enhancing the quality of life for area citizens.
First Grant Distribution
The Foundation distributed its first grants after a devastating tornado in April damaged numerous homes and businesses throughout Suffolk.
The first scheduled grant distribution was the presentation of the $2,500 Howard D. Mast Memorial Scholarship. The first annual grant application cycle was completed in December with the Foundation distributing $41,500 to nine area non-profits. Including awarding grants from donor-advised funds, the Foundation awarded over $200,000 to non-profits during 2008 and our total assets were more than $2,400,000.
Second Grant Cycle
During the second grant cycle in December, the Foundation distributed $43,800 to 11 area non-profits. The Foundation distributed more than $194,500 to nonprofit agencies, including donor-advised grants, and total assets grew to more than $2,600,000.
This year brought two firsts to the Suffolk Foundation. The Foundation received its first bequest: Mrs. Ann Godwin Moore left her estate to the Unrestricted Fund category, allowing the Foundation to support non-profits by annually awarding grants from the interest earned; the Foundation Board approved an agreement with the Suffolk Education Foundation to establish its first organization fund.
Seventeen non-profit agencies were awarded $70,000 in grants, and $85,000 was awarded through donor-advised funds and scholarships. Our total assets were more than $3,600,000.
Further Growth & New Offices
The Foundation continued to expand its annual grants program by donating $75,000 to 18 non-profit agencies. The Foundation also distributed $119,450 in donor-advised funds and scholarships. Since the Foundation distributed its first funds to tornado victims in 2008, over $850,000 had been awarded to non-profits. Foundation assets continued to grow, reaching over $3.7 million.
The Suffolk Foundation had another first in 2011. In November, the Foundation held its first Community Forum & Luncheon. Dr. James V. Koch, noted local economist and President Emeritus of Old Dominion University, was the featured speaker. The “Fall Forum” was not a fundraising activity or a request for financial support by the Foundation, but rather an opportunity for the Foundation to present important issues and information that facilitate building a stronger and better community.
Exceeding $4 Million
The Foundation’s assets continued to grow, exceeding the $4 million mark in less than six years of operation, and each year since the first unrestricted annual grants of $41,500 were distributed, the amount granted has increased. This year, $85,000 was distributed to 24 non-profits. Total grant distributions of over $267,000 were distributed to enhance the quality of life in Suffolk and other communities. Since the Foundation’s incorporation, grantees have received over $1.1 million in funds.
The Foundation received a gift from the estate of Dottie G. Scott to establish the Dottie Scott’s Elizabeth River Artists Designated Fund. The fund will be used to support an artists’ group and to help provide these individuals with the opportunity to explore and fulfill their creative talents. Additionally, the Foundation developed a $150,000 grant agreement with the Birdsong Corporation to provide funds to support Paul D. Camp Community College’s “High Need Academic and Workforce LPN Program.”
New Distribution Milestone
For the first time, the Foundation distributed over $100,000 in unrestricted grants. The Foundation granted $105,000 to 25 area non-profit agencies. It also distributed its largest single grant of $50,000 to the Suffolk Salvation Army for the purchase of a generator for the new downtown disaster shelter. The Foundation had assets of over $5.5 million, and distributed over $1.4 million in unrestricted, designated, donor-advised, and scholarship funds during the year.
The third Annual Community Forum and Luncheon featured Mr. Bobby Thalhimer, a well-respected authority on community foundations, presenting information on the importance and impact of community foundations.
The Foundation awarded $129,955 to 32 nonprofit organizations during the Foundation’s annual grant cycle and distributed over $747,000 including scholarships and donor-advised grants, and had total assets of over $5,400,000.
The fourth Annual Community Forum and Luncheon featured Admiral Bill Gortney, Commander of the U.S. Fleet Forces Command, who spoke on “The Changes and Choices of a Fleet Commander.”
Full Time Executive Director Hired
The Foundation awarded annual grants of $116,500 to 28 nonprofit organizations. Over $502,000, including scholarships and donor-advised grants, was distributed during the year and our total assets were more than $5,200,000.
The fifth Annual Community Forum and Luncheon featured Mr. Dennis Gartman, editor and publisher of The Gartman Letter, a daily commentary on global capital markets.
Mr. William N. Hill announced his retirement as Executive Director and Mr. Win Winslow was hired as the Foundation’s first full-time Executive Director. Read Win’s bio here.
The Foundation awarded annual grants of $123,875 to 31 nonprofit organizations, the ninth consecutive year of increasing grant awards. Over $430,000, including scholarships and donor-advised grants, was distributed during the year and total assets grew to more than $5,500,000.
The Foundation reached an agreement with the Suffolk Recreation and Charitable Association to establish its second organization fund.
The sixth Annual Community Forum and Luncheon featured Mrs. Angelica Light, retired CEO of the Hampton Roads Community Foundation and Interim Executive Director of the Obici Healthcare Foundation, who spoke on “Getting Smarter About Getting Healthier.”
The Foundation launched its first fundraising initiative, the Next Step Operating Endowment Campaign, to ensure continued sustainability of its administrative operations and hired Mrs. Kimberlee Raines as its first part-time administrative assistant.
Friends of the Foundation Launch
Distributed annual community grants of $131,500 to 32 nonprofit organizations. Over $292,000, including scholarships and donor-advised grants, was awarded during the year. Sponsored the Seventh Annual Community Forum and Luncheon. Number of awarded scholarships increased from ten to fourteen with total awards of $30,500. Launched the “Friends of the Foundation” annual campaign to benefit Foundation operations. Total assets of more than $6,000,000.
For the first time, two scholarship funds awarded multiple grants: in recognition of the outstanding applicants for their scholarships, the Allfirst Memorial Scholarship awarded three scholarships ($500 each), and the Howard D. Mast Memorial Scholarship awarded two scholarships ($5,000 each). The additional awards meant the Suffolk Foundation distributed $30,500 in total scholarship funds, the largest amount to date.
The seventh Annual Community Forum and Luncheon featured Mr. Patrick Roberts, City Manager for the City of Suffolk VA, who spoke on “The Impact of the Philanthropic Sector on the Community at Large.”
The Foundation launched its first annual fundraising campaign, the Friends of the Foundation Campaign, to benefit Foundation operations and introduce the Suffolk Foundation to new generation of philanthropists.
Women’s Impact Fund
Launched Women’s Impact Fund; launched the Women’s Impact Fund, a field of interest fund promoting philanthropic and networking opportunities for female leaders in Suffolk & Western Tidewater; distributed annual community grants of $141,300 to 32 nonprofit organizations; awarded $40,000 in scholarships; awarded over $176,000 in donor-advised grants; sponsored the eighth annual community forum and luncheon. Total assets of more than $8,000,000.
Summer Student Internship
Offered first ever summer student Internship; via the Samaritan Intern Scholarship Fund, for nine weeks employed our first summer student intern who learned more about working in non-profit organizations; distributed annual community grants of $137,000 to 31 nonprofit organizations; awarded $30,000 in scholarships; awarded over $440,000 in donor-advised grants; sponsored the ninth annual community forum and luncheon. Total assets of more than $10,000,000.
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