The Southeast Virginia Community Foundation logo

The Southeast Virginia Community Foundation

Public charity · Grantmaker Chesapeake, VA EIN: 27-2529017 Website

The Southeast Virginia Community Foundation (SEVACF) is a public charity based in Chesapeake, Virginia. It connects donors with charitable causes and manages charitable, grant-making, nonprofit endowment, and scholarship funds supporting communities in southeast Virginia.

Key facts about The Southeast Virginia Community Foundation

In short: The Southeast Virginia Community Foundation gave $464K across 30 grants in 2024 (avg $15K), top state Virginia. 40% of 2024 grantees were new. Source: 2024 IRS Form 990.

EIN
27-2529017
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$463,608
Grants made (2024)
30
Average grant
$15,454
Median grant
$10,000
New grantees (estimate)
40% first-time grantees (12 of 30, 2024)
Total assets
$18,286,819
Primary geography
Virginia (46% of itemized 2024 grant dollars)
How to apply
For Community Needs Fund grants, applicants must be a 501(c)(3) organization or part of a governmental body and provide programming to families, children, or individuals in Chesapeake and/or Portsmouth. Full details ↓
Deadline
The application page says to return in December 2026 for the spring grant program and lists January 31, 2027, at 11:59…

Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$18.3M

+8.3% YoY

Annual Giving

$464K

-41.7% YoY

Grant Count

30

-14.3% YoY

Avg Grant Size

$15K

-32.0% YoY

Is The Southeast Virginia Community Foundation open to new grantees?

40%

first-time grantees, 2024

In 2024, 12 of 30 grantees (40%) were first-time recipients. First grants averaged $15K; repeat grants $16K. How we count

Medians: $10K first-time, $10K repeat.

  • 37% of 2024 grantees were also funded in 2023. Method
  • Giving grew 42% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

SEVACF’s mission is “to connect people who care with causes large and small to benefit the communities we serve.” Its stated grant areas include arts and culture, capital and operating support, education, health and human services, civic and economic development, and religion. It also administers scholarship funds.

The organizations it has supported illustrate a range of activities. Edmarc Inc. describes its mission as easing the trauma of a child’s illness or death and reducing the effects of pediatric illness, loss, and bereavement on families. ROC Solid Foundation says it builds hope for children and families fighting cancer. Horizons Hampton Roads Inc. says it advances educational equity through partnerships with students, families, communities, and schools. All District Reads Inc. says it donates books to local public schools to increase children’s reading. Hampton Roads Workforce Foundation says it works to expand workforce development, especially for youth and veterans.

Grantmaking

In filing year 2024, SEVACF reported 30 grants totaling $463,608. The grants ranged from $5,500 to $87,100, with a median of $10,000. Among the largest were $87,100 to Memorial Sloan-Kettering Cancer Center for health and human needs; $50,000 to St. Pius X Catholic Church for religion; $40,000 to the Medical College of Virginia Foundation for education; and $25,000 to HRUHCA Memorial Scholarship for education. Other notable awards included $20,000 to the Armed Services YMCA of Hampton Roads, $15,969 to Edmarc Inc., and $12,000 each to Oscar Smith High School and ROC Solid Foundation.

Review Cycle

The application page says to return in December 2026 for the spring grant program and lists January 31, 2027, at 11:59 p.m. as the deadline for requests serving Chesapeake and/or Portsmouth residents. It also states that the fall grant cycle is closed.

Open Grants

1 open opportunity from The Southeast Virginia Community Foundation

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Geographic Focus

Where this funder awards grants

SEVACF describes its work as serving Chesapeake, Portsmouth, and the greater southeast Virginia region. For its Community Needs Fund application, it specifies that eligible organizations must provide programming to residents of Chesapeake and/or Portsmouth.

Grant Distribution by State

6states

Share of 2024 grant dollars across all 30 itemized grants.

Cities

PortsmouthNorfolkChesapeakeVirginia BeachNew YorkArlingtonRichmondLexingtonGlen AllenRaleighSuffolkChesterlandHuntingtonNewport NewsPalo AltoStaten Island

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K16 grants2020 25 grants2021 29 grants2022 35 grants2023 30 grants2024

From 2020 to 2024, annual grant giving ranged from $219K (2020) to $795K (2023). In 2024 it made 30 grants totaling $464K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Memorial Sloan-Kettering Cancer Ctr Cycle for Survival: $87KMemorial Sloan-KetteringCancer Ctr Cycle for Survival$87KSt Pius X Catholic Church: $50KSt Pius X Catholic Church$50KMedical College of Virginia Fdn: $40KMedical College of VirginiaFdn$40KHruhca Memorial Scholarship Foundation: $25KHruhca Memorial ScholarshipFoundation$25KFour States Christian Mission Inc: $23KFour States Christian MissionInc$23KArmed Services YMCA of Hampton Road: $20KArmed Services YMCA of HamptonRoad$20KEast Palo Alto Greyhounds Youth Sports Club: $18KEast Palo Alto GreyhoundsYouth Sports Club$18KEdmarc Inc: $16KEdmarc Inc$16KRotary Club of North Suffolk VA: $15KRotary Club of North SuffolkVA$15KOscar Smith High School: $12KOscar Smith High School$12K

The largest 2024 recipient was Memorial Sloan-Kettering Cancer Ctr Cycle for Survival ($87K). Together the top 10 received $306K.

Grant Size Distribution

135 grants across all recorded years

126<$50K8$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 126 grants of 135 (93%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Memorial Sloan-Kettering Cancer Ctr Cycle for Survival New York, NYHealth & Human$87,100
St Pius X Catholic Church Religion$50,000
Medical College of Virginia Fdn Richmond, VAEducation$40,000
Hruhca Memorial Scholarship Foundation Education$25,000
Four States Christian Mission Inc Religion$23,000
Armed Services YMCA of Hampton Road Virginia Beach, VAHealth/Human Svcs$20,000
East Palo Alto Greyhounds Youth Sports Club Health & Human SRV$18,000
Edmarc Inc Portsmouth, VAHealth & Human SRV$15,969
Rotary Club of North Suffolk VA Health & Human SRV$15,000
Oscar Smith High School Chesapeake, VAEducation$12,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $18,286,819 $1,521,800 $919,484 $463,608
2023 $16,891,410 $267,674 $1,249,304 $795,104
2022 $15,296,794 $921,181 $1,194,480 $366,890
Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$18,286,819$16,891,410$15,296,794
Revenue$1,521,800$267,674$921,181
Expenses$919,484$1,249,304$1,194,480
Net Investment Income$989,966$-332,830$235,532

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS August 19, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS September 19, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS June 5, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS August 26, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Richard E. H. Wentz as CEO and Stephen Korving as president. Other listed officers and directors are Amy W. Folkes and Timothy S. Culpepper, past presidents; Michelle Butler, secretary; Carl L. Hardee, vice president; Charles G. Hackworth Sr. and Thomas E. Wood, officers; Carolyn Bernard, director; and Doris Cobb, treasurer.

The Southeast Virginia Community Foundation is led by Richard E. H. Wentz, CEO since 2021 (on filings since 2020); 1 of 16 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Richard E. H. Wentz

    CEO

    Vice President → CEO, 2021

    On filings since 2020

    40 hrs/week

    $52K (2021) → $67K (2024)

  • Stephen Korving

    President

    Secretary → Vice President, 2022

    Vice President → President, 2024

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Ashton Lewis Jr.

    Director

    Treasurer → Director, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Carolyn Bernard

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Emily Robbins

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Scott W. Matheson

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Clay Robertson

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Bett Cornetta

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Joe Rampersad

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Amy W. Folkes

    Past President

    President Pr → President, 2023

    President → Past President, 2024

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Carl L. Hardee

    Vice President

    Director → Treasurer, 2023

    Treasurer → Vice President, 2024

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Charles G. Hackworth Sr.

    Officer

    Director → Officer, 2022

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Michelle Butler

    Secretary

    Director → Secretary, 2022

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Thomas E. Wood

    Officer

    Director → Officer, 2022

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Timothy S. Culpepper

    Past President

    Immediate Pa → Past President, 2021

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Doris Cobb

    Treasurer

    Director → Treasurer, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (6)
  • Former: Ross Cherry (2020–2022) — Director
  • Former: Daniel Grubb (2020–2021) — Director
  • Former: Don Carey (2020–2021) — Director
  • Former: Patrick L. Reynolds (2020–2021) — Director
  • Former: Stephen Best (2020–2021) — Past CEO
  • Former: William H. Oast III (2020) — President

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Richard E H Wentz — CEO: $67KRichard E H WentzCEO$67K

The highest reported compensation on the 2024 filing was $67K, to Richard E H Wentz (CEO).

Contact

Mailing address: 1435 Crossways Blvd Suite 303, Chesapeake, VA 23320
Phone: (757) 397-5424
Website: https://sevacf.org

Frequently asked questions about The Southeast Virginia Community Foundation

How much does The Southeast Virginia Community Foundation give each year?

The Southeast Virginia Community Foundation gave $464K across 30 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $795K across 35 grants.

What is The Southeast Virginia Community Foundation's typical grant size?

The Southeast Virginia Community Foundation's median grant in 2024 was $10,000, and its average grant was $15,454, across 30 grants on its 2024 IRS Form 990. Organizations receiving their first grant from The Southeast Virginia Community Foundation that year got $15K on average.

Where does The Southeast Virginia Community Foundation give grants?

The Southeast Virginia Community Foundation's top state is Virginia, with 46% of the grant dollars itemized on its 2024 IRS Form 990. The next largest state was New York (19%). The most frequent recipient cities were Chesapeake, VA (7 grants), Portsmouth, VA (6 grants) and Norfolk, VA (5 grants).

Does The Southeast Virginia Community Foundation give general operating support?

Not in 2024: none of the 30 grants with a stated purpose on The Southeast Virginia Community Foundation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Health & Human SRV" (10 grants), "Education" (9 grants) and "Capital" (3 grants).

Who are The Southeast Virginia Community Foundation's largest grantees?

The Southeast Virginia Community Foundation's largest 2024 grantees include Memorial Sloan-Kettering Cancer Ctr Cycle for Survival ($87,100), St Pius X Catholic Church ($50,000) and Medical College of Virginia Fdn ($40,000), according to its 2024 IRS Form 990. Together they received 38% of its itemized 2024 grant dollars.

How large is The Southeast Virginia Community Foundation?

The Southeast Virginia Community Foundation reported $18.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.5M.

What does The Southeast Virginia Community Foundation fund?

SEVACF’s mission is “to connect people who care with causes large and small to benefit the communities we serve.” Its stated grant areas include arts and culture, capital and operating support, education, health and human services, civic and economic development, and religion. See mission & focus areas ↑

How do I apply for a grant from The Southeast Virginia Community Foundation?

For Community Needs Fund grants, applicants must be a 501(c)(3) organization or part of a governmental body and provide programming to families, children, or individuals in Chesapeake and/or Portsmouth. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Southeast Virginia Community Foundation's EIN?

The Southeast Virginia Community Foundation's EIN (Employer Identification Number) is 27-2529017. IRS Form 990 filing data is available on this page for 2020–2024.

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

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