Virginia Nonprofit Housing Coalition

RICHMOND, VA EIN: 62-1429437

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

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

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

6states

Cities

AccomacAlbert LeaArlingtonAshevilleAshlandCanaCharles CityChesterfieldGlen AllenGoochlandHenricoHopewellLeesburgLynchbergMechanicsvilleNaplesNew KentNew YorkNorth ChesterfieldPetersburg

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$12M$18M$24M20202021202220232024
Metric202420232022
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

$0$2M$4M$6M$8M74 grants202095 grants202196 grants202282 grants202397 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BETTER HOUSING COALITION$360KCARITAS$350KFIRST TEE OF RICHMOND$300KJ SARGEANT REYNOLDS COMM…$300KHOMEAGAIN$170KGOOCHLAND CARES$150KHUMANKIND$111KACTS AREA CONGREEGATIONS…$110KCOMMUNITIES IN SCHOOLS O…$110KCROSS-OVER HEALTHCARE MI…$110K

Grant Size Distribution

250 grants across all recorded years

110<$50K85$50–100K43$100–250K11$250–500K1$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
WILLIAM G HOMILLERSECRETARY1
GEORGE C HOWELL IIICHAIRMAN OF THE BOARD/MEMBER1
ROBERT W SCHABERGFOUNDING MEMBER4
ANNA LOU SCHABERGPRESIDENT/FOUNDING MEMBER5
SAMUEL A JONESTREASURER2
JENNIFER WALDBAUERMEMBER1
MOLLY LOCKEMEMBER1

Contact Information

Address: 919 E Main St Ste 1400, Richmond, VA 23219-4622

Telephone: 804-644-1020

EIN: 62-1429437

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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