Greater Norfolk Economic Development
Provide support to develop education, recreation, the local economy and other issues affecting the community in the future.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$9.0M
-3.6% YoY
Annual Giving
$145K
-86.9% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$73K
-93.5% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,974,752 | $9,312,439 | $9,485,734 |
| Revenue | $549,096 | $1,274,311 | $800,725 |
| Expenses | $806,815 | $1,364,423 | $2,185,125 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $734 | $3,301 | $3,371 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Greater Norfolk Economic Development fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Russ Wilcox | Director | — | — |
| Jim Bradford Jr | Chair | 1 | — |
| Ron Schmidt | Director | — | — |
| Doug Johnson | Director | — | — |
| Stephen Sunderman | Past Chair | — | — |
| Arnold Robinson | Vice Chair | — | — |
| Dan Spray | Director | — | — |
| Tim Tighe | Director | — | — |
| Andy Colvin | Ex-Officio | — | — |
| Candice Alder | Ex-Officio | — | — |
| Leah Barrett | Ex-Officio | — | — |
| Shane Clausen | Director | — | — |
| David Copple | Ex-Officio | — | — |
| Austen Hagood | Secretary | — | — |
| Angie Stenger | Director | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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