Norfolk State University
To provide brands and services that promote applied research and technological innovations that, in turn, contribute positively to the economic strength of the hampton roads region and the commonwealth of Virginia.
Norfolk State University at a glance
- Total assets
- $24,148,801
- -11.1% vs 2024
- Revenue (2025)
- $7,484,917
- +20.2% vs 2024
- Net investment income (2025)
- $828,445
- +307.6% vs 2024
- Expenses (2025)
- $6,330,478
- +11.1% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Norfolk State University funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Norfolk State University gives
- Giving held roughly steady from 2020 to 2023 (−11%). 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 2023, annual grant giving ranged from $15K (2023) to $100K (2021). In 2023 it made 1 grant totaling $15K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Norfolk State University Norfolk, VA | General Operations. | $15,000 |
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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 | $24,148,801 | $7,484,917 | $6,330,478 | — | — | $828,445 |
| 2024 | $27,153,812 | $6,228,181 | $5,697,619 | — | — | $203,266 |
| 2023 | $25,804,421 | $6,046,806 | $5,797,625 | $15,000 | 1 | $100,547 |
| 2022 | $25,278,732 | $5,808,933 | $5,408,267 | — | — | $-11,078 |
| 2021 | $25,665,808 | $5,605,532 | $5,347,288 | $100,000 | 1 | $270 |
| 2020 | $26,293,705 | $5,728,415 | $5,268,378 | $16,917 | 1 | $1,070 |
| 2019 | $26,529,861 | $5,676,477 | $5,279,315 | $19,167 | 2 | $1,873 |
About Norfolk State University
Based on IRS filings
Norfolk State University is a public charity focused on Community Improvement & Capacity Building, based in Norfolk, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $24.1M in total assets. Net investment income was $828K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Norfolk State University is led by Cornelius Graves Esq., CEO & Board Member since 2025 (on filings since 2024); 1 of 8 officers listed in 2025 is compensated.
Officers on the 2025 filing
Cornelius Graves Esq.
CEO & Board Member
Executive Director & CEO → CEO & Board Member, 2025
On filings since 2024
40 hrs/week
$48K (2024) → $193K (2025)
Hudnall R. Croasdale
Board Member
On filings since 2019
0.5 hrs/week
$185K (2019) → $0 (2025)
Doyle A. Temple
Treasurer
On filings since 2019
0.5 hrs/week
No compensation reported
Keith Basil
Secretary
On filings since 2019
0.5 hrs/week
No compensation reported
Rodney Jordan
Board Member
On filings since 2019
0.5 hrs/week
No compensation reported
Wayne Jones
Board Member
Board Member → Chair, 2024
Chair → Board Member, 2025
On filings since 2019
0.5 hrs/week
No compensation reported
Juavaune Adams-Gaston
Board Member
On filings since 2022
0.5 hrs/week
No compensation reported
Harold Watkins
Board Member
On filings since 2024
0.5 hrs/week
No compensation reported
Former officers (6)
- Former: Bk Fulton (2019–2024) — Board Member
- Former: Tracy Gregorio (2019–2023) — Chair
- Former: Joseph L. Temple Jr. (2019–2021) — Board Member
- Former: Leroy Hamilton (2019–2021) — Vice Chair
- Former: Marty Kaszubowski (2019–2021) — Board Member
- Former: Samuel A. Nixon Jr. (2019–2021) — Board Member
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $193K, to Cornelius Graves ESQ (CEO/Board Member).
Frequently asked questions about Norfolk State University
How large is Norfolk State University?
Norfolk State University reported $24.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $7.5M.
What is Norfolk State University?
Norfolk State University is a public charity focused on Community Improvement & Capacity Building, based in Norfolk, VA. It holds $24.1M in total assets as of 2025.
Where does Norfolk State University operate?
Norfolk State University has awarded grants in Virginia.
What is Norfolk State University's EIN?
Norfolk State University's EIN (Employer Identification Number) is 38-3649338. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in Norfolk State University's focus areas in our free grants database
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Norfolk State University down — hundreds of funders to go?