Eastern Virginia Medical School Foundation

Public charity · Grantmaker Norfolk, VA EIN: 23-7053028

The Eastern Virginia Medical School Foundation serves to strengthen the financial security of Macon & Joan Brock Virginia Health Sciences at Old Dominion University by accepting, investing and managing gifts, donations and bequests.

Key facts about Eastern Virginia Medical School Foundation

In short: Eastern Virginia Medical School Foundation gave $9.0M across 1 grant in 2025 (avg $9.0M), mostly in Virginia. Source: 2025 IRS Form 990.

EIN
23-7053028
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$9,038,488
Grants made (2025)
1
Average grant
$9,038,488
Median grant
$9,038,488
Total assets
$196,378,391
Primary geography
Virginia (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$196.4M

+6.2% YoY

Annual Giving

$9.0M

-9.9% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$9.0M

-9.9% YoY

How Eastern Virginia Medical School Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−5%). Method

From the foundation's IRS Form 990 filings. Methodology.

About Eastern Virginia Medical School Foundation

Based on IRS filings

Eastern Virginia Medical School Foundation is a public charity focused on Education, based in Norfolk, VA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $196.4M in total assets. In 2025, it awarded 1 grant totaling $9.0M. Net investment income was $11.8M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Norfolk

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $8.4M (2021) to $10.0M (2024). In 2025 it made 1 grant totaling $9.0M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Old Dominion University: $9.0MOld Dominion University$9.0M

The largest 2025 recipient was Old Dominion University ($9.0M).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

The most common grant size was $5M or more: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Old Dominion University Norfolk, VASupport Evms Professorships, Chairs, Operations, and Scholarships$9,038,488

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$10M$20M$30M$40M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$196,378,391$184,852,997$175,187,870
Revenue$16,393,010$14,673,075$11,906,674
Expenses$10,308,775$11,673,261$10,452,792
Net Investment Income$11,799,989$10,165,532$1,867,962

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS November 9, 2021)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS November 10, 2022)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS October 19, 2023)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS November 25, 2024)
  5. Added Form 990 for fiscal year 2025 (received by the IRS April 30, 2026)
  6. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Eastern Virginia Medical School Foundation is led by Brad Waitzer, Chair on the 2025 filing; none of the 23 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Brad Waitzer

    Chair

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • B. Thomas Mansbach

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Lewis W. Webb III

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Louis F Ryan

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Mark B. Dreyfus

    Trustee

    Treasurer → Trustee, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Mark D. Manion

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Patricia Y King

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Shirley C. Baldwin

    Trustee

    Chair → Trustee, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Vandana A Patel

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Andrew S Fine

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Hans VonKruger

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Randolph Hoover

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Aubrey Layne Jr.

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Conrad Hall

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Harold Jones III

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Jeffrey Patton Jr.

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Karen FINE

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Michelle Butler

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Preston White

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Wayne Wilbanks

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Clyde T. Clark Jr.

    Secretary

    Trustee → Secretary, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jane R. Short

    Treasurer

    Trustee → Treasurer, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kirkland Kelley

    Vice Chair

    Trustee → Vice Chair, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (18)
  • Former: Dawn S. Glynn (2021–2024) — Trustee
  • Former: Robert C. Goodman Jr. (2021–2024) — Trustee
  • Former: Robin D. Ray (2021–2024) — Trustee
  • Former: Stephen M. Snyder (2021–2024) — Secretary
  • Former: Vincent J. Mastracco Jr. (2021–2024) — Trustee
  • Former: Andrew C. Hodge (2021–2023) — Trustee
  • Former: Christopher D. Kastner (2021–2023) — Trustee
  • Former: Edward L. Lilly MD (2021–2023) — Trustee
  • Former: Charity A. Volman-Winn (2023) — Trustee
  • Former: Charity A. Volman (2021–2022) — Trustee
  • Former: Darleen Mastin (2021–2022) — Trustee
  • Former: Deborah B. Russell (2021–2022) — Trustee
  • Former: Steven D. Fredrickson (2021–2022) — Trustee
  • Former: Andy Fine (2022) — Trustee
  • Former: Benjamin G. Cottrell V (2021) — Trustee
  • Former: Betty E. Murden (2021) — Trustee
  • Former: Justin C. Ballard (2021) — Trustee
  • Former: Paul D. Chidester MD (2021) — Trustee

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 Eastern Virginia Medical School Foundation

How much does Eastern Virginia Medical School Foundation give each year?

Eastern Virginia Medical School Foundation gave $9.0M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $10.0M across 1 grant.

How large is Eastern Virginia Medical School Foundation?

Eastern Virginia Medical School Foundation reported $196.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $16.4M.

What is Eastern Virginia Medical School Foundation?

Eastern Virginia Medical School Foundation is a public charity focused on Education, based in Norfolk, VA. It holds $196.4M in total assets as of 2025.

Where does Eastern Virginia Medical School Foundation operate?

Eastern Virginia Medical School Foundation has awarded grants in Virginia.

What is Eastern Virginia Medical School Foundation's EIN?

Eastern Virginia Medical School Foundation's EIN (Employer Identification Number) is 23-7053028. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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