Nansemond Charitable Foundation Inc

SUFFOLK, VA EIN: 54-1291449

Nansemond Charitable Foundation Inc is a private foundation, based in SUFFOLK, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $140K in total assets. In 2025, it awarded 5 grants totaling $8K. Net investment income was $14K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$140K

+4.5% YoY

Annual Giving

$8K

-5.2% YoY

Grant Count

-16.7% YoY

Avg Grant Size

$2K

+13.8% YoY

Under IRS private-foundation payout rules, Nansemond Charitable Foundation Inc reported a distributable amount of $9K for 2025 — the minimum it must pay out in qualifying distributions.

About Nansemond Charitable Foundation Inc

Based on IRS filings

Ready to take the next step with Nansemond Charitable Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $38K (100%)

States

Virginia

Cities

ChesapeakeHamptonNorfolkSuffolk

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$139,798	$133,790	$131,992
Revenue	$16,025	$11,856	$6,199
Expenses	$10,017	$10,058	$12,283
Qualifying Distributions	$8,200	$8,650	$7,950
Net Investment Income	$14,025	$9,856	$4,770
Distributable Amount	$9,368	$8,524	$8,068

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Grant Size Distribution

29 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Access College Foundation ($3,000), Isabella Miller ($2,500), Brennan Polson ($2,500).

Recipient	Purpose	Amount
BSA TROOP 1 SUFFOLK, VA	EDUCATIONAL	$150
ACCESS COLLEGE FOUNDATION NORFOLK, VA	EDUCATIONAL	$3,000
HOLLAND ATHLETIC ASSOCIATION SUFFOLK, VA	EDUCATIONAL	$50
ISABELLA MILLER SUFFOLK, VA	EDUCATIONAL	$2,500
BRENNAN POLSON SUFFOLK, VA	EDUCATIONAL	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
JOSEPH N WEBB JR	DIRECTOR	—	—
JARRATT B WEBB	DIRECTOR	—	—
MICHAEL N NAIRN	DIRECTOR	—	—

Frequently Asked Questions

How large is Nansemond Charitable Foundation Inc?

As of 2025, Nansemond Charitable Foundation Inc holds $140K in total assets with $16K in annual revenue. It awarded 5 grants totaling $8K in 2025.

Where does Nansemond Charitable Foundation Inc operate?

Nansemond Charitable Foundation Inc has awarded grants in Virginia.

What size grants does Nansemond Charitable Foundation Inc award?

In 2025, Nansemond Charitable Foundation Inc awarded 5 grants totaling $8K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Nansemond Charitable Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Nansemond Charitable Foundation Inc reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Nansemond Charitable Foundation Inc's EIN?

Nansemond Charitable Foundation Inc's EIN (Employer Identification Number) is 54-1291449. IRS Form 990 filing data is available on this page for 2020–2025.