New Horizons Educational Foundation Inc
Promote vocational, science and technology education.
New Horizons Educational Foundation Inc at a glance
In short: New Horizons Educational Foundation Inc gave $87K across 1 grant in 2025 (avg $87K), mostly in Virginia. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $86,877
- +6.8% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $86,877
- +6.8% vs 2024
- Median grant
- $86,877
- Total assets
- $9,281,376
- -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 October 2026.
Who New Horizons Educational Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was New Horizons Regional Education Ctr ($87K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $50–100K range: 4 grants of 5 (80%).
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 New Horizons Educational Foundation Inc gives
- Giving grew 69% from 2022 to 2025. 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 2019 to 2025, annual grant giving ranged from $38K (2023) to $87K (2025). In 2025 it made 1 grant totaling $87K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New Horizons Regional Education Ctr Hampton, VA | Support | $86,877 |
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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 | $9,281,376 | $1,128,690 | $485,263 | $86,877 | 1 | $12,087 |
| 2024 | $9,529,605 | $1,276,138 | $505,381 | $81,340 | 1 | $4,800 |
| 2023 | $9,613,611 | $1,207,997 | $563,413 | $37,620 | 1 | $2,438 |
| 2022 | $9,814,842 | $1,177,888 | $620,534 | $51,257 | 1 | $738 |
| 2021 | $10,084,487 | $1,227,134 | $651,718 | $64,000 | 1 | $2,055 |
| 2020 | $10,338,726 | $1,176,752 | $683,576 | $66,446 | 1 | $3,821 |
| 2019 | $10,630,916 | $1,179,042 | $732,084 | $86,000 | 1 | $4,140 |
About New Horizons Educational Foundation Inc
Based on IRS filings
New Horizons Educational Foundation Inc is a public charity focused on Education, based in Hampton, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $9.3M in total assets. In 2025, it awarded 1 grant totaling $87K. Net investment income was $12K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
New Horizons Educational Foundation Inc is led by Heather Cordasco, Board President since 2020 (on filings since 2019); none of the 21 officers listed in 2025 report compensation.
Officers on the 2025 filing
Heather Cordasco
Board President
Director → Board President, 2020
On filings since 2019
0.5 hrs/week
No compensation reported
Jeffrey Clemons
Director
Board President → Director, 2020
On filings since 2019
0.5 hrs/week
No compensation reported
M. Kenneth Taylor Jr.
Director
Board Secretary → Director, 2020
On filings since 2019
0.5 hrs/week
No compensation reported
Mark J. Adams
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Rhonda Bunn
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Richard B. Donaldson
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Rick Gallaer
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Robert T. Criner
Director
On filings since 2019
0.5 hrs/week
No compensation reported
William Walsh
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Latitia D. McCane
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Robert S. McKenna
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Jim Kelly
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Kimberlee Humphrey
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Sherri McQuillan
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Brent Baumberger
Director
On filings since 2024
0.5 hrs/week
No compensation reported
David Murray
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Kelly Allmon
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Michael Hamilton
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Craig Topping
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Walt Graham
Board Secretary
Board Secretary → Director, 2024
Director → Board Secretary, 2025
On filings since 2019
0.5 hrs/week
No compensation reported
Dudley Harris
Board Vice P
Board Vice P → Director, 2024
Director → Board Vice P, 2025
On filings since 2020
0.5 hrs/week
No compensation reported
Former officers (12)
- Former: Bj Hughes (2019–2023) — Director
- Former: Joseph C. Bartoiii (2019–2023) — Director
- Former: Richard M. Bagley Jr. (2019–2023) — Director
- Former: Robin M. Nelhuebel PhD RN (2020–2023) — Director
- Former: Kenneth Taylor (2019–2022) — Former Director
- Former: Rob Collins (2020–2022) — Former Director
- Former: Wayne D. Morrison (2020–2022) — Former Director
- Former: Daryl Lanouette (2019) — Director
- Former: Herbert R. Green (2019) — Board Vice P
- Former: Louis G. Morris (2019) — Director
- Former: Robert Baker (2019) — Director
- Former: Tommy Garner (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "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 New Horizons Educational Foundation Inc
How much does New Horizons Educational Foundation Inc give each year?
New Horizons Educational Foundation Inc gave $87K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $81K across 1 grant.
How large is New Horizons Educational Foundation Inc?
New Horizons Educational Foundation Inc reported $9.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.1M.
What is New Horizons Educational Foundation Inc?
New Horizons Educational Foundation Inc is a public charity focused on Education, based in Hampton, VA. It holds $9.3M in total assets as of 2025.
Where does New Horizons Educational Foundation Inc operate?
New Horizons Educational Foundation Inc has awarded grants in Virginia.
What is New Horizons Educational Foundation Inc's EIN?
New Horizons Educational Foundation Inc's EIN (Employer Identification Number) is 54-1674644. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS May 5, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS April 29, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS May 4, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS March 26, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 2, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS March 7, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 11, 2024)
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