Virginia Nonprofit Housing Coalition
Virginia Nonprofit Housing Coalition is a private foundation based in Richmond, Virginia. The organization operates as a 501(c)(3) entity focused on fostering low-income and moderate-income housing development while supporting related charitable and educational initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$129.3M
+0.5% YoY
Annual Giving
$8.0M
+26.7% YoY
Grant Count
97
+18.3% YoY
Avg Grant Size
$83K
+7.1% YoY
Mission & Focus Areas
The organization's mission is for charitable and educational purposes, including:
- Fostering low-income and moderate-income housing development
- Making gifts and grants to other 501(c)(3) organizations
- Awarding higher education scholarships to children of residents of the housing it fosters
The foundation supports the continued development of eighteen low-income housing projects and seven moderate-income housing projects. Primary funding focus areas include:
- Housing and housing support services
- Human services
- Education and scholarships
- Capacity building for nonprofit organizations
- Support for working with refugee populations and domestic violence services
Grantmaking
The foundation operates a Capacity Building Fund designed to enhance the effectiveness of nonprofit directors, officers, and staff. Recipients can utilize two of four capacity building options annually:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Virginia, Pennsylvania, and North Carolina.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $128,608,296
- Total revenues: $15,529,670
- Total expenses: $13,366,053
As of 2024:
- Total assets: $129,298,965
- Total giving: $8,038,185
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $129,298,965 | $128,608,296 | $120,794,135 |
| Revenue | $21,722,302 | $15,529,670 | $12,087,434 |
| Expenses | $15,891,367 | $13,366,053 | $12,167,873 |
| Qualifying Distributions | $12,931,790 | $11,056,391 | $10,201,344 |
| Net Investment Income | $5,612,504 | $4,817,100 | $824,548 |
| 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
250 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 |
|---|---|---|---|
| WILLIAM G HOMILLER | SECRETARY | 1 | — |
| GEORGE C HOWELL III | CHAIRMAN OF THE BOARD/MEMBER | 1 | — |
| ROBERT W SCHABERG | FOUNDING MEMBER | 4 | — |
| ANNA LOU SCHABERG | PRESIDENT/FOUNDING MEMBER | 5 | — |
| SAMUEL A JONES | TREASURER | 2 | — |
| JENNIFER WALDBAUER | MEMBER | 1 | — |
| MOLLY LOCKE | MEMBER | 1 | — |
Contact Information
Address: 919 E Main St Ste 1400, Richmond, VA 23219-4622
Telephone: 804-644-1020
EIN: 62-1429437
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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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