Coastal Virginia Building Industry
Coastal Virginia Building Industry is a private foundation, based in VIRGINIA BEACH, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $986K in total assets. In 2024, it awarded 34 grants totaling $45K. Net investment income was $63K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$986K
+4.6% YoY
Annual Giving
$45K
+118.8% YoY
Grant Count
34
+41.7% YoY
Avg Grant Size
$1K
+54.4% YoY
Under IRS private-foundation payout rules, Coastal Virginia Building Industry reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.
About Coastal Virginia Building Industry
Based on IRS filings
Coastal Virginia Building Industry is a private foundation, based in VIRGINIA BEACH, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $986K in total assets. In 2024, it awarded 34 grants totaling $45K. Net investment income was $63K.
Ready to take the next step with Coastal Virginia Building Industry?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $985,644 | $941,965 | $855,410 |
| Revenue | $75,792 | $47,042 | $27,517 |
| Expenses | $67,053 | $40,490 | $71,408 |
| Qualifying Distributions | $55,159 | $29,803 | $60,724 |
| Net Investment Income | $62,598 | $32,805 | $10,733 |
| Distributable Amount | $46,649 | $43,304 | $44,954 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
156 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Joslyn Haeselin ($3,750), Amya Clark ($2,500), Jada Clifton ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ALEX AXTON VIRGINIA BEACH, VA | EDUCATIONAL SCHOLARSHIP | $625 |
| JAYLEN JOHNSON VIRGINIA BEACH, VA | EDUCATIONAL SCHOLARSHIP | $625 |
| QUAN'DREZ MASON VIRGINIA BEACH, VA | EDUCATIONAL SCHOLARSHIP | $625 |
| KHYLA MOYLER VIRGINIA BEACH, VA | EDUCATIONAL SCHOLARSHIP | $625 |
| GAVIN RYNO VIRGINIA BEACH, VA | EDUCATIONAL SCHOLARSHIP | $625 |
| MADISON STONE VIRGINIA BEACH, VA | EDUCATIONAL SCHOLARSHIP | $625 |
| TERRANCE WILSON VIRGINIA BEACH, VA | EDUCATIONAL SCHOLARSHIP | $625 |
| TRINITY ALLEN VIRGINIA BEACH, VA | EDUCATIONAL SCHOLARSHIP | $1,875 |
| JAIDYN JOHNSON VIRGINIA BEACH, VA | EDUCATIONAL SCHOLARSHIP | $1,250 |
| SARAH SAMSON VIRGINIA BEACH, VA | EDUCATIONAL SCHOLARSHIP | $1,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIAN MCLELLON | PRESIDENT | 4 | — |
| COLBY RAYMOND | VICE PRESIDENT | 4 | — |
| MATTHEW ABBITT | TREASURER | 4 | — |
| FRED NAPOLITANO III | SECRETARY | 4 | — |
| ROD ADKINS | DIRECTOR | 4 | — |
| JEFF BRUZZESI | DIRECTOR | 4 | — |
| BARBARA EWELL | DIRECTOR | 4 | — |
| ROSS MORGAN | DIRECTOR | 4 | — |
| PAUL WALLACE | DIRECTOR | 4 | — |
| ADAM CARROLL | DIRECTOR | 4 | — |
| BOB EVANS | DIRECTOR | 4 | — |
| GRACE GILLESPIE | DIRECTOR | 4 | — |
| FRANK HRUSKA | DIRECTOR | 4 | — |
| STEPHEN QUICK | DIRECTOR | 4 | — |
| JOHN BARNES | DIRECTOR | 4 | — |
| MATT BENSON | DIRECTOR | 4 | — |
| DONNIE CROSS | DIRECTOR | 4 | — |
| VINCENT NAPOLITANO II | DIRECTOR | 4 | — |
| DON WEEKS | DIRECTOR | 4 | — |
| LAURIE ARCAND | DIRECTOR | 4 | — |
| GREG HARRELL | DIRECTOR | 4 | — |
| MELISSA QUEENEY | DIRECTOR | 4 | — |
| TOMMY SALAS | DIRECTOR | 4 | — |
| COLE TROWER | DIRECTOR | 4 | — |
| ADAM BROWN | DIRECTOR | 4 | — |
| CHRIS MORIN | DIRECTOR | 4 | — |
| SHIRLEY SASSER | DIRECTOR | 4 | — |
| TROY SMITH JR | DIRECTOR | 4 | — |
| DIANE STEIN | DIRECTOR | 4 | — |
| CLAY TOURAULT | DIRECTOR | 4 | — |
| ROBERT CRINER | DIRECTOR | 4 | — |
| STEVE CUNNINGHAM | DIRECTOR | 4 | — |
| STEVE LAWSON | DIRECTOR | 4 | — |
| BOB DEACON | DIRECTOR | 4 | — |
| BILL DESTEPH | DIRECTOR | 4 | — |
| BRENDA REID | DIRECTOR | 4 | — |
| JOHN OLIVIERI | DIRECTOR | 4 | — |
| RYAN ROSE | DIRECTOR | 4 | — |
| CHARLIE GUNTER | DIRECTOR | 4 | — |
| KELLY SCHNEIDER | DIRECTOR | 4 | — |
| TIMOTHY O TRANT II | DIRECTOR | 4 | — |
| KIM CURTIS | DIRECTOR | 4 | — |
| RACHEAL DEMBITZ | DIRECTOR | 4 | — |
| KERRI WOODWARD | DIRECTOR | 4 | — |
| JEFF AINSLIE | DIRECTOR | 4 | — |
| JOHN AINSLIE | DIRECTOR | 4 | — |
| JOHN NAPOLITANO | DIRECTOR | 4 | — |
| VINCENT A NAPOLITANO | DIRECTOR | 4 | — |
| MICHAEL NEWSOME | DIRECTOR | 4 | — |
| FREDERICK NAPOLITANO SR | DIRECTOR | 4 | — |
| ROBIN NEWHOUSE | DIRECTOR | 4 | — |
| MIKE RASHKIND | DIRECTOR | 4 | — |
| BOB WIDENER | DIRECTOR | 4 | — |
| PATRICK REYNOLDSTU RITTER | DIRECTOR | 4 | — |
| JENNY EDGERTON | DIRECTOR | 4 | — |
| TUCK BOWIE | DIRECTOR | 4 | — |
| RAY BREEDEN | DIRECTOR | 4 | — |
| SAM COHEN | DIRECTOR | 4 | — |
| RICKY EDGERTON | DIRECTOR | 4 | — |
| WILLIAM FANNEY | DIRECTOR | 4 | — |
| RICHARD GUY | DIRECTOR | 4 | — |
| LARRY HILL | DIRECTOR | 4 | — |
| DOYLE HULL | DIRECTOR | 4 | — |
| CHIP IULIANO | DIRECTOR | 4 | — |
| PETE A KOTARIDES | DIRECTOR | 4 | — |
| RANDY LENZ | DIRECTOR | 4 | — |
| JOHN PETERSON | DIRECTOR | 4 | — |
| DOUG SMITH | DIRECTOR | 4 | — |
| JEFF WERMERS | DIRECTOR | 4 | — |
| LYLE WERMERS | DIRECTOR | 4 | — |
| ERIN WIDENER MCCONNELL | DIRECTOR | 4 | — |
| DON WILLIAMS | DIRECTOR | 4 | — |
| BOB LAWSON | DIRECTOR | 4 | — |
| PAUL CRINER | DIRECTOR | 4 | — |
| FRED NAPOLITANO II | DIRECTOR | 4 | — |
| TU RITTER | DIRECTOR | 4 | — |
| DAVID BLALOCK | DIRECTOR | 4 | — |
| ERIC SASSER | DIRECTOR | 4 | — |
Frequently Asked Questions
How large is Coastal Virginia Building Industry?
As of 2024, Coastal Virginia Building Industry holds $986K in total assets with $76K in annual revenue. It awarded 34 grants totaling $45K in 2024.
Where does Coastal Virginia Building Industry operate?
Coastal Virginia Building Industry has awarded grants in Virginia.
What size grants does Coastal Virginia Building Industry award?
In 2024, Coastal Virginia Building Industry awarded 34 grants totaling $45K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Coastal Virginia Building Industry required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Coastal Virginia Building Industry reported a distributable amount of $47K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Coastal Virginia Building Industry's EIN?
Coastal Virginia Building Industry's EIN (Employer Identification Number) is 54-6057730. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Coastal Virginia Building Industry's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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