The Southeast Virginia Community
The Southeast Virginia Community Foundation (SEVACF) is a 501(c)(3) nonprofit organization serving the Hampton Roads region, primarily in Chesapeake and Portsmouth, Virginia. Founded in 2010 through the merger of the Portsmouth Community Foundation (established 1965) and the Heron Foundation (established 2008), SEVACF has been serving the community for over 50 years. The organization operates with 3 employees and connects donors with charitable causes through a variety of charitable funds and giving opportunities.
Financial Overview
From 2024 IRS Form 990-PF · 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
Mission & Focus Areas
Mission: To connect people who care with causes large and small to benefit the communities we serve.
SEVACF awards grants and scholarships to local nonprofits and students in the following focus areas:
- Arts & Culture
- Civic & Economic Development
- Education
- Health & Human Services
- Religious
- Capital & Operating Support
The Foundation brings personalized service, local expertise, and strong leadership to the area by investing long-term, monitoring all areas of community life, and identifying resources to shape and address local issues.
Grantmaking
SEVACF operates two competitive grant cycles annually and manages a collection of charitable funds, grant-making funds, nonprofit endowments, and scholarship funds created by different donors for varying purposes.
Review Cycle
annually and manages a collection of charitable funds, grant-making funds, nonprofit endowments, and scholarship funds created by different donors for varying purposes.
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Geographic Focus
Where this funder awards grants
SEVACF serves Chesapeake, Portsmouth, and the greater Southeast Virginia region.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $18,286,819
- Total Revenue: $1.52M
- Total Expenses: $919K
- Total Liabilities: $2.24M
- Total Giving: $635,786
As of 2023:
- Total Assets: $16,891,410
- Total Revenue: $267,674
- Total Expenses: $1,249,304
The Foundation maintains a donor-advised fund through which donors can direct the distribution or investment of funds.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $989,966 | $-332,830 | $235,532 |
| 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 10 recipients in 2024
Grant Size Distribution
135 grants across all recorded years
Open Grants
1 open opportunity from The Southeast Virginia Community
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Richard E. H. Wentz is listed as a key executive.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AMY W FOLKES | PAST PRES. | 3 | — |
| TIMOTHY S CULPEPPER | PAST PRES. | 3 | — |
| RICHARD E H WENTZ | CEO | 40 | $67,400 |
| STEPHEN KORVING | PRESIDENT | 3 | — |
| MICHELLE BUTLER | SECRETARY | 3 | — |
| CARL L HARDEE | VICE PRESIDE | 3 | — |
| CHARLES G HACKWORTH SR | OFFICER | 3 | — |
| THOMAS E WOOD | OFFICER | 3 | — |
| CAROLYN BERNARD | DIRECTOR | 1 | — |
| DORIS COBB | TREASURER | 1 | — |
| BETT CORNETTA | DIRECTOR | 1 | — |
| ASHTON LEWIS JR | DIRECTOR | 1 | — |
| SCOTT MATHESON | DIRECTOR | 1 | — |
| DR JOE RAMPERSAD | DIRECTOR | 1 | — |
| EMILY ROBBINS | DIRECTOR | 1 | — |
| CLAY ROBERTSON | DIRECTOR | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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