Bayport Foundation
Bayport Foundation is a private foundation based in Newport News, Virginia. Its 2025 filing reports 31 grants totaling $301,000, with the largest grant supporting the Newport News Education Foundation.
Bayport Foundation at a glance
In short: Bayport Foundation gave $301K across 31 grants in 2025 (avg $10K), mostly in Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $301,000
- -51.6% vs 2024
- Grants made (2025)
- 31
- -18.4% vs 2024
- Average grant
- $9,710
- -40.7% vs 2024
- Median grant
- $2,000
- Total assets
- $680,913
- +9.8% vs 2024
- Primary geography
- Virginia (94% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
How to apply to Bayport Foundation
- How to Apply
-
Submit the online application with the requested applicant, project, amount, and service-area information.
- Review Cycle
- The educational scholarship deadline is March 30.
- Deadline
- The educational scholarship deadline is March 30.
- Contact
Application contact: Bayport Foundation
Mailing address: 1 Bayport Way Ste 350, Newport News, VA 23601
Phone: (757) 873-7040
Email: nporter@bayportcu.org
Website: https://bayportfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Bayport Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Newport News Education Foundation ($175K). Together the top 10 received $260K.
Organizations only. It also paid 2 individual scholarships ($3,000), which are not listed by name.
Grant Size Distribution
141 grants across all recorded years
The most common grant size was under $50K: 135 grants of 141 (96%).
Geographic Focus
Where this funder awards grants
In 2025, 94% of grant dollars went to recipients in Virginia. Smaller shares went to North Carolina (2%), Florida (1%), Wisconsin (1%), and Pennsylvania (1%). The reported grants include multiple recipients in Newport News and elsewhere in Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 31 itemized grants.
States
Cities
How Bayport Foundation gives
- 72% of 2025 grantees were also funded in 2024. Method
- Giving fell 20% from 2022 to 2025. Method
- In 2025 it paid out 780% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $38K (2021) to $622K (2024). In 2025 it made 31 grants totaling $301K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Newport News Education Foundation Newport News, VA | Act Grant Year 1,2 | $175,000 |
| Peake Childhood Center Newport News, VA | Tuition | $25,000 |
| Old Dominion University Norfolk, VA | Scholarships | $15,000 |
| Boys & Girls Club Va Peninsula Newport News, VA | Kids Enrichment Summer Camp | $10,000 |
| University of Virginia Charlottesville, VA | PC | $9,500 |
| Virginia Tech University Blacksburg, VA | PC | $7,500 |
| Norfolk State University Norfolk, VA | Scholarships | $5,000 |
| Virginia Peninsula Community Colleg Hampton, VA | PC | $5,000 |
| James Madison University Harrisonburg, VA | Scholarships | $4,000 |
| Randolph Macon College Ashland, VA | Scholarships | $4,000 |
Ready to take the next step with Bayport Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $680,913 | $428,058 | $362,645 | $301,000 | 31 | $305,067 | $16,571 | $39,101 |
| 2024 | $620,344 | $670,857 | $673,641 | $622,000 | 38 | $623,614 | $1,590 | $39,730 |
| 2023 | $628,104 | $548,557 | $291,983 | $242,000 | 27 | $245,060 | — | $26,729 |
| 2022 | $376,530 | $511,362 | $404,114 | $377,500 | 26 | $378,819 | — | $21,672 |
| 2021 | $249,832 | $275,537 | $46,255 | $37,500 | 19 | $38,128 | — | $6,399 |
| 2020 | $20,000 | $20,000 | — | — | — | — | — | $31 |
Under IRS private-foundation payout rules, Bayport Foundation reported a distributable amount of $39K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s mission is to enrich the lives of members and communities by providing financial support that promotes wellness and education. Its stated areas of philanthropic effort include educational scholarships, financial literacy education, family health and wellness, and hardship and emergency assistance.
Grants in 2025 included support for universities, a childhood center, a children’s summer camp, and a food bank. Among the university grantees, Norfolk State University describes its mission as promoting applied research and technological innovations that contribute to the Hampton Roads region and Virginia. Liberty University describes itself as a distinctively Christian academic community focused on collegiate education and training champions for Christ. These are the grantees’ descriptions, not stated missions of the foundation.
Grantmaking
The foundation reported 31 grants totaling $301,000 in 2025. Grant amounts ranged from $1,000 to $175,000, with a median of $2,000. The largest award was $175,000 to Newport News Education Foundation for “ACT GRANT YEAR 1,2.” Other notable grants included $25,000 to Peake Childhood Center for tuition, $15,000 to Old Dominion University for scholarships, and $10,000 to Boys & Girls Club VA Peninsula for a kids’ enrichment summer camp.
The foundation’s 2024 filing says it does not restrict giving to preselected organizations. Its application is available online and calls for the applicant’s name, address, contact information, grant purpose and amount, project beginning and ending dates, and the geographic area served. The filing states that individuals must be members in good standing of BayPort Credit Union.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Jim Mears as President; Ray Bagley as V/P & Vice-C; Jennifer Coyne as Secretary/Treasurer; Mary Cullen and Ira Williams as Directors; and Nancy Porter as CEO / Ex. Di.
Bayport Foundation is led by Nancy Porter, CEO & Executive Di on every filing since 2020; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Nancy Porter
CEO & Executive Di
On filings since 2020
No compensation reported
Jim Mears
President
On filings since 2020
No compensation reported
Ira Williams
Director
On filings since 2020
No compensation reported
Mary Cullen
Director
On filings since 2020
No compensation reported
Jennifer Coyne
Secretary
On filings since 2020
No compensation reported
Ray Bagley
V, P & Vice C
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Bayport Foundation
How much does Bayport Foundation give each year?
Bayport Foundation gave $301K across 31 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $622K across 38 grants.
What is Bayport Foundation's typical grant size?
Bayport Foundation's median grant in 2025 was $2,000, and its average grant was $9,710, across 31 grants on its 2025 IRS Form 990-PF.
Where does Bayport Foundation give grants?
Bayport Foundation gives mostly in Virginia: 94% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Newport News, VA (4 grants), Norfolk, VA (2 grants), Hampton, VA (2 grants) and Williamsburg, VA (2 grants).
Does Bayport Foundation give general operating support?
Not in 2025: none of the 31 grants with a stated purpose on Bayport Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (20 grants) and "PC" (7 grants).
Who are Bayport Foundation's largest grantees?
Bayport Foundation's largest 2025 grantees include Newport News Education Foundation ($175,000), Peake Childhood Center ($25,000) and Old Dominion University ($15,000), according to its 2025 IRS Form 990-PF. It also paid 2 individual scholarships ($3,000), which are not listed by name. Together they received 71% of its itemized 2025 grant dollars.
How large is Bayport Foundation?
Bayport Foundation reported $681K in total assets on its 2025 IRS Form 990-PF. It paid out $305K in qualifying distributions that year, against a required minimum of $39K (roughly 5% of its investment assets).
What does Bayport Foundation fund?
The foundation’s mission is to enrich the lives of members and communities by providing financial support that promotes wellness and education. See mission & focus areas ↑
How do I apply for a grant from Bayport Foundation?
Submit the online application with the requested applicant, project, amount, and service-area information. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Bayport Foundation's EIN?
Bayport Foundation's EIN (Employer Identification Number) is 85-3902631. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 3, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 18, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 25, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 30, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in Bayport Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Bayport Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/bayport-foundation-morg_7b883e0090534ed5a4eca48a9a50ee04
BibTeX
@misc{grantable_853902631_2026,
author = {{Grantable}},
title = {{Bayport Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/bayport-foundation-morg_7b883e0090534ed5a4eca48a9a50ee04},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Bayport Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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