New Horizons Educational Foundation logo

New Horizons Educational Foundation

Public charity · Grantmaker Hampton, VA EIN: 54-1674644 Website

Promote vocational, science and technology education.

Key facts about New Horizons Educational Foundation

In short: New Horizons Educational Foundation gave $87K across 1 grant in 2025 (avg $87K), mostly in Virginia. Source: 2025 IRS Form 990.

EIN
54-1674644
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$86,877
Grants made (2025)
1
Average grant
$86,877
Median grant
$86,877
Total assets
$9,281,376
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

$9.3M

-2.6% YoY

Annual Giving

$87K

+6.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$87K

+6.8% YoY

How New Horizons Educational Foundation gives

  • Giving grew 69% from 2022 to 2025. Method

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

About New Horizons Educational Foundation

Based on IRS filings

New Horizons Educational Foundation 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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

Hampton

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grants20191 grants20201 grants20211 grants20221 grants20231 grants20241 grants2025

From 2019 to 2025, annual grant giving ranged from $38K (2023) to $87K (2025). In 2025 it made 1 grant totaling $87K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

New Horizons Regional Education Ctr: $87KNew Horizons RegionalEducation Ctr$87K

The largest 2025 recipient was New Horizons Regional Education Ctr ($87K).

Grant Size Distribution

5 grants across all recorded years

1<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
New Horizons Regional Education Ctr Hampton, VASupport$86,877

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$500K$1M$1.5M2019202020212022202320242025
Metric202520242023
Total Assets$9,281,376$9,529,605$9,613,611
Revenue$1,128,690$1,276,138$1,207,997
Expenses$485,263$505,381$563,413
Net Investment Income$12,087$4,800$2,438

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS May 4, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS March 26, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS May 2, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS March 7, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS April 11, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS May 5, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS April 29, 2026)

Leadership & Key People

Officers and directors from IRS filings

New Horizons Educational Foundation 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

How much does New Horizons Educational Foundation give each year?

New Horizons Educational Foundation 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?

New Horizons Educational Foundation 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?

New Horizons Educational Foundation 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 operate?

New Horizons Educational Foundation has awarded grants in Virginia.

What is New Horizons Educational Foundation's EIN?

New Horizons Educational Foundation's EIN (Employer Identification Number) is 54-1674644. IRS Form 990 filing data is available on this page for 2019–2025.

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

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