TO PROVIDE FINANCIAL SUPPORT TO NORFOLK STATE UNIVERSITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$121.1M
+10.3% YoY
Annual Giving
$3.4M
+13.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$3.4M
+13.8% YoY
About Norfolk State University Foundation Inc
Based on IRS filings
Norfolk State University Foundation Inc is a nonprofit organization focused on Education, based in NORFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $121.1M in total assets. In 2024, it awarded 1 grants totaling $3.4M. Net investment income was $4.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $121,069,562 | $109,807,709 | $98,346,627 |
| Revenue | $13,370,289 | $7,829,626 | $8,996,683 |
| Expenses | $7,063,095 | $6,593,800 | $4,031,735 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,150,109 | $254,949 | $-1,881,439 |
| 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 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANTHONY WALTERS | VICE PRESIDENT, HUMAN RESOURCES COMMITTEE | 1.5 | — |
| ANTONIO HARRISON | DIRECTOR - NON-VOTING | 0.5 | — |
| BRUCE HUNTER | DIRECTOR | 0.5 | — |
| DR CLIFFORD PORTER JR | DIRECTOR - NON-VOTING | 0.5 | — |
| CRYSTAL D JENKINS | EXECUTIVE DIRECTOR | 48 | $152,672 |
| CRYSTAL LASSITER | COMMITTEE ON DIRECTORS CHAIR | 0.5 | — |
| DAVID R KENERSON JR | TREASURER, FINANCE/INVESTM | 1.5 | — |
| DEBORAH C FONTAINE | DIRECTOR | 0.5 | — |
| DIANNE BOARDLEY SUBER | DIRECTOR | 0.5 | — |
| EARL LEE | DEVELOPMENT COMMITTEE CHAIR | 0.5 | — |
| ELIAS OXENDINE | DIRECTOR | 0.5 | — |
| GREGORY FRANKLIN | BYLAWS, ARTICLES & INSURANCE COMMITTEE CHAIR | 0.5 | — |
| HARRY L WATKINS II | DIRECTOR - NON-VOTING | 0.5 | — |
| JACK HOWARD | DIRECTOR | 0.5 | — |
| DR JAVAUNE ADAMS-GASTON | DIRECTOR | 0.5 | — |
| JORDAN D MOODY | DIRECTOR - NON-VOTING | 0.5 | — |
| KANDI HALL | DIRECTOR | 0.5 | — |
| KEVIN CLARK | SECRETARY | 1.5 | — |
| KIM BROWN | DIRECTOR | 0.5 | — |
| KYLE PRICE | DIRECTOR | 0.5 | — |
| LORIE MCCOWAN | PRESIDENT | 1.5 | — |
| NATE JOHNSON | AUDIT COMMITTEE CHAIR | 0.5 | — |
| ROBERT K PERKINS | DIRECTOR - NON-VOTING | 0.5 | — |
| SYDANA ROGERS HOLLINS | STRATEGIC PLANNING COMMITTEE CHAIR | 0.5 | — |
| TAMARA JONES | DIRECTOR | 0.5 | — |
| TERRIS TODD | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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