Christopher Newport University Real Estate Foundation
To receive, administer and distribute funds and property exclusively in furtherance of the educational activities and objectives of the christopher newport university.
Christopher Newport University Real Estate Foundation at a glance
In short: Christopher Newport University Real Estate Foundation gave $2.9M across 1 grant in 2025 (avg $2.9M), mostly in Virginia. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $2,937,412
- -10.9% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $2,937,412
- -10.9% vs 2024
- Median grant
- $2,937,412
- Total assets
- $118,197,440
- -2.6% vs 2024
- Primary geography
- Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Christopher Newport University Real Estate Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Christopher Newport University ($2.9M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Christopher Newport University Real Estate Foundation gives
- Giving held roughly steady from 2022 to 2025 (+7%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $2.6M (2021) to $3.3M (2024). In 2025 it made 1 grant totaling $2.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Christopher Newport University Newport News, VA | Educational | $2,937,412 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $118,197,440 | $4,121,211 | $3,510,794 | $2,937,412 | 1 | $63,213 |
| 2024 | $121,335,730 | $3,844,351 | $4,063,459 | $3,297,751 | 1 | $34,626 |
| 2023 | $122,142,733 | $4,121,962 | $3,847,537 | $2,914,292 | 1 | $4,309 |
| 2022 | $113,342,924 | $4,470,833 | $3,549,157 | $2,751,041 | 1 | $-233,453 |
| 2021 | $114,865,272 | $4,260,889 | $3,355,323 | $2,646,669 | 1 | $-584,726 |
About Christopher Newport University Real Estate Foundation
Based on IRS filings
Christopher Newport University Real Estate Foundation is a public charity focused on Education, based in Newport News, VA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $118.2M in total assets. In 2025, it awarded 1 grant totaling $2.9M. Net investment income was $63K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Christopher Newport University Real Estate Foundation is led by Michael C. Martin, President on every filing since 2021; none of the 17 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael C. Martin
President
On filings since 2021
10 hrs/week
No compensation reported
Ann Hunnicut
Board Member
On filings since 2021
1 hr/week
No compensation reported
C. Brad Hunter
Board
Board Member → Board, 2024
On filings since 2021
1 hr/week
No compensation reported
Charles Wornom
Board Member
On filings since 2021
1 hr/week
No compensation reported
Jennifer Latour
Secretary
On filings since 2021
10 hrs/week
No compensation reported
K. Spencer McDonald
CFO & Treasurer
Controller & Treasurer → CFO & Treasurer, 2024
On filings since 2021
20 hrs/week
No compensation reported
M. Clark Baldwin
Vice President
On filings since 2021
1 hr/week
No compensation reported
Randolph P. Bryant
Board Member
On filings since 2021
1 hr/week
No compensation reported
W. Bruce Jennings
Board Member
On filings since 2021
1 hr/week
No compensation reported
William L. Brauer
Board Member
Secretary → Board Member, 2022
On filings since 2021
1 hr/week
No compensation reported
William P. Heath Jr.
Board Member
On filings since 2021
1 hr/week
No compensation reported
Alan Witt
Board Member
On filings since 2022
1 hr/week
No compensation reported
C. Larry Pope
Board of Visitors Appointe
Board of Visitors Appointe → Board of Visitors Appointee, 2024
Board of Visitors Appointee → Board of Visitors Appointe, 2025
On filings since 2023
1 hr/week
No compensation reported
Lindsey Carney Smith
Board Member
On filings since 2024
1 hr/week
No compensation reported
William Kelly
Board Member
On filings since 2024
10 hrs/week
No compensation reported
Brentley K. Archer
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Richard Long
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (6)
- Former: Adelia P. Thompson (2021–2024) — Board Member
- Former: Douglas L. Hornsby (2021–2024) — Chief Executive Officer
- Former: Steven A. Meade (2021–2024) — Board Member
- Former: Paul S. Trible (2021–2023) — Board Member
- Former: Lindsey A. Carney (2022–2023) — Board of Visitors Appointe
- Former: Judy Wason (2022) — Board of Visitors Appointee
Data from IRS Form 990 filings, 2021–2025. "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 Christopher Newport University Real Estate Foundation
How much does Christopher Newport University Real Estate Foundation give each year?
Christopher Newport University Real Estate Foundation gave $2.9M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $3.3M across 1 grant.
How large is Christopher Newport University Real Estate Foundation?
Christopher Newport University Real Estate Foundation reported $118.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.1M.
What is Christopher Newport University Real Estate Foundation?
Christopher Newport University Real Estate Foundation is a public charity focused on Education, based in Newport News, VA. It holds $118.2M in total assets as of 2025.
Where does Christopher Newport University Real Estate Foundation operate?
Christopher Newport University Real Estate Foundation has awarded grants in Virginia.
What is Christopher Newport University Real Estate Foundation's EIN?
Christopher Newport University Real Estate Foundation's EIN (Employer Identification Number) is 54-1863192. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 3, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 9, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 9, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 17, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS November 4, 2025)
- IRS filings on file for fiscal years 2021–2025
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