NonprofitsNorfolk State University Foundation Inc

Education

Norfolk State University Foundation Inc

NORFOLK, VA

Total revenue

$13.4M

Total expenses

$7.1M

Net assets

$120.9M

Grants received

$48.7M

142 grants

EIN

237235954

Tax year

2024

Mission

The foundation provides financial support to norfolk state university.

Programs

1 program

The foundation provides support services for the benefit of norfolk state university and its students. The foundation supported educational programs that offered students hands on experience with new partners like icon 360, offshore wind studies, sentara, evms, and about love with tiffany & co., the shawn carter foundation and beygood to name just a few of these amazing opportunities that directly impacted over 600 nsu students. The foundation enables the university to fulfill its mission by supporting programs and initiatives that enrich academic programs, attract and retain quality faculty, provide scholarships to promising students, and increase student access to cutting edge technology.

Expenses: $2.5M

Financials

FY 2024

Revenue

Contributions & grants$9.2M
Program service revenue
Investment income$4.2M
Other revenue
Total revenue$13.4M

Expenses

Grants paid$3.4M
Salaries & benefits$1.0M
Fundraising$179K
Other expenses$2.6M
Total expenses$7.1M
Total assets$121.1M
Net assets$120.9M

People

26 listed

NameRoleCompensation

CRYSTAL D JENKINS

EXECUTIVE DIRECTOR

Board

$153K

48 hrs/wk

ANTONIO HARRISON

DIRECTOR - NON-VOTING

Board

0.5 hrs/wk

BRUCE HUNTER

DIRECTOR

Board

0.5 hrs/wk

DR CLIFFORD PORTER JR

DIRECTOR - NON-VOTING

Board

0.5 hrs/wk

CRYSTAL LASSITER

COMMITTEE ON DIRECTORS CHAIR

Board

0.5 hrs/wk

DAVID R KENERSON JR

TREASURER, FINANCE/INVESTM

Board

1.5 hrs/wk

DEBORAH C FONTAINE

DIRECTOR

Board

0.5 hrs/wk

DIANNE BOARDLEY SUBER

DIRECTOR

Board

0.5 hrs/wk

EARL LEE

DEVELOPMENT COMMITTEE CHAIR

Board

0.5 hrs/wk

ELIAS OXENDINE

DIRECTOR

Board

0.5 hrs/wk

GREGORY FRANKLIN

BYLAWS, ARTICLES & INSURANCE COMMITTEE CHAIR

Board

0.5 hrs/wk

HARRY L WATKINS II

DIRECTOR - NON-VOTING

Board

0.5 hrs/wk

JACK HOWARD

DIRECTOR

Board

0.5 hrs/wk

DR JAVAUNE ADAMS-GASTON

DIRECTOR

Board

0.5 hrs/wk

JORDAN D MOODY

DIRECTOR - NON-VOTING

Board

0.5 hrs/wk

KANDI HALL

DIRECTOR

Board

0.5 hrs/wk

KEVIN CLARK

SECRETARY

Board

1.5 hrs/wk

KIM BROWN

DIRECTOR

Board

0.5 hrs/wk

KYLE PRICE

DIRECTOR

Board

0.5 hrs/wk

LORIE MCCOWAN

PRESIDENT

Board

1.5 hrs/wk

NATE JOHNSON

AUDIT COMMITTEE CHAIR

Board

0.5 hrs/wk

ROBERT K PERKINS

DIRECTOR - NON-VOTING

Board

0.5 hrs/wk

SYDANA ROGERS HOLLINS

STRATEGIC PLANNING COMMITTEE CHAIR

Board

0.5 hrs/wk

TAMARA JONES

DIRECTOR

Board

0.5 hrs/wk

ANTHONY WALTERS

VICE PRESIDENT, HUMAN RESOURCES COMMITTEE

Board

1.5 hrs/wk

TERRIS TODD

DIRECTOR

Board

0.5 hrs/wk

Grants received

Showing 142 of 142

FromAmountPurposeYear
$10K
To assist local charities
2024
$9K
GENERAL SUPPORT
2024
$7K
CONTRIBUTED FUNDS TO ASSIST LOCAL 501(C)(3) TO SPPORT ITS MISSION: THE NORFOLK STATE UNIVERSITY FOUNDATION, INC. IS A NON-PROFIT FUNDRAISING CORPORATION ESTABLISHED TO SUPPORT QUALITY EDUCATION AND TO GENERATE PRIVATE FINANCIAL SUPPORT FOR THE ACADEMIC DEVELOPMENT OF THE UNIVERSITY.
2024
$5K
UNRESTRICTED GENERAL
2024
$1K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$1K
For NSU Concert Choir
2024
$750
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$411K
SUBCONTRACT FOR SPONSORED RESEARCH CLASSIFIED AS PROGRAM SERVICES.
2023
$100K
Sold Down River Program
2023
$37K
For grant recipient's exempt purposes
2023
$31K
UNIVERSITY FOUNDATION
2023
$26K
Institution & Scholarship support
2023
$25K
A RETURN TO SERVICE: NORFOLK STATE UNIVERSITY
2023
$20K
Program Support
2023
$19K
MATCHING GIFTS
2023
$15K
CAC JONI IVEY - JONI L. IVEY ENDOWED SCHOLARSHIP
2023
$10K
CONTRIBUTED FUNDS TO ASSIST LOCAL 501(C)(3) TO SPPORT ITS MISSION: THE NORFOLK STATE UNIVERSITY FOUNDATION, INC. IS A NON-PROFIT FUNDRAISING CORPORATION ESTABLISHED TO SUPPORT QUALITY EDUCATION AND TO GENERATE PRIVATE FINANCIAL SUPPORT FOR THE ACADEMIC DEVELOPMENT OF THE UNIVERSITY.
2023
$10K
Program Support
2023
$10K
To assist local charities
2023
$7K
5K Run/Walk Sponsorship ($2,000) and Corprew Ave Foundation scholarship donation ($5,000)
2023
$6K
VETERAN EDUCATION GRANTS
2023
$6K
GENERAL SUPPORT
2023
$2K
OTHER CIVIC / COMMUNITY
2023
$2K
OTHER CIVIC / COMMUNITY
2023
$1K
NSU Concert Choir
2023
$825
GENERAL OPERATING SUPPORT
2023
$150
OTHER CIVIC / COMMUNITY
2023
$25
OTHER CIVIC / COMMUNITY
2023
$511K
For grant recipient's exempt purposes
2022
$250K
SCHOLARS GRANT AWARD
2022
$175K
1 GRANT(S) FOR VARYING PURPOSES
2022
$83K
FINANCIAL WELLNESS & HOMEOWNERSHIP PROJECT; MENTAL HEALTH
2022
$75K
GENERAL OPERATING
2022
$62K
SUBCONTRACT FOR SPONSORED RESEARCH CLASSIFIED AS PROGRAM SERVICES.
2022
$50K
HBCU FASHION DEPARTMENT SUPPORT
2022
$50K
Making the Invisible, Visible Project
2022
$28K
GENERAL SUPPORT
2022
$28K
Scholarships
2022
$20K
Program Support
2022
$18K
Travel Sponsor
2022
$17K
General & Unrestricted
2022
$12K
Meal Sponsor
2022
$10K
MATCHING GIFTS
2022
$10K
To assist local charities
2022
$10K
INTELLECTUAL PROPERTY EDUCATION/SUPPORT
2022
$10K
GENERAL SUPPORT
2022
$9K
GENERAL SUPPORT
2022
$5K
LEGION MARCHING BAND
2022
$5K
Program Support
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$3K
Program Support
2022
$3K
MIP PAYOUT FOR 02/07/2022
2022
$725
GENERAL OPERATING SUPPORT
2022
$550
MIP PAYOUT FOR 07/05/2022
2022
$500
GENERAL SUPPORT
2022
$200
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2022
$150
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2022
$100
MIP PAYOUT FOR 11/09/22
2022
$100
MIP PAYOUT FOR 07/05/2022
2022
$25
Matching Gifts
2022
$25
GENERAL OPERATING PURPOSES
2022
$505K
For grant recipient's exempt purposes
2021
$505K
For grant recipient's exempt purposes
2021
$31K
UNIVERSITY FOUNDATION
2021
$25K
Cornerstone: Learning for Living initiative
2021
$15K
SUBCONTRACT FOR SPONSORED RESEARCH CLASSIFIED AS PROGRAM SERVICES.
2021
$11K
MATCHING GIFTS
2021
$7K
Program Support
2021
$7K
GENERAL SUPPORT
2021
$6K
GENERAL SUPPORT
2021
$6K
EDUCATION SCHOLARSHIP
2021
$3K
GENERAL OPERATING SUPPORT
2021
$3K
Program Support
2021
$500
UNRESTRICTED
2021
$40.0M
For grant recipient's exempt purposes
2020
$2M
SCHOOL OF PUBLIC HEALTH
2020
$1.0M
CURRENT SCHOLARSHIPS AND ENDOWED SCHOLARSHIP FUND
2020
$300K
CAREER PATHWAYS INITIATIVE GRANT
2020
$38K
SUPPORT, UNSPECIFIED
2020
$31K
UNIVERSITY FOUNDATION
2020
$14K
Matching Gifts
2020
$9K
EMPLOYEE MATCHING GRANT
2020
$8K
General Support
2020
$5K
PROGRAM SUPPORT
2020
$5K
SCHOLARSHIPS
2020
$5K
UNRESTRICTED GENERAL SUPPORT
2020
$5K
PROGRAM SUPPORT
2020
$5K
SCHOLARSHIP FUNDS
2020
$2K
MIP PAYOUT FOR 01/14/20
2020
$1K
MIP PAYOUT FOR 02/10/20
2020
$500
MIP PAYOUT FOR 12/12/19
2020
$250
MIP PAYOUT FOR 10/06/20
2020
$100
MIP PAYOUT FOR 07/14/20
2020
$200K
Career Pathways Initiative Grant
2019
$34K
SUPPORT, UNSPECIFIED
2019
$26K
Matching Gift
2019
$25K
STAFF DEVELOPMENT
2019
$10K
NSU CHOIR PROGRAMMING
2019
$5K
Education
2019
$5K
SCHOLARSHIP FUNDS
2019
$250
SUPPORT, UNSPECIFIED
2019
$309K
Career Pathways Initiative Grant
2018
$31K
2018 DISTRIBUTION (HONORS COLLEGE OPERATING ACCT# 304280)
2018
$13K
CHARITABLE
2018
$10K
CLEAN ENERGY INITIATIVE
2018
$10K
TO ASSIST LOCAL CHARITIES
2018
$10K
PROGRAM/OPERATING SUPPORT
2018
$4K
TO PROVIDE SCHOLARSHIPS FOR STUDENTS IN NEED OF FINANCIAL AID TO ATTEND THE HONORS COLLEGE AT NORFOLK STATE UNIVERSITY
2018
$2K
FOR THE POLITICAL SCIENCE DEPARTMENT
2018
$250
DONOR-ADVISED FUND CONTRIBUTION
2018
$23K
Matching Gift
2017

Funded by

$48.7M from 54 funders · 142 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$41.6M · 5 grants · 2020–2023

Sentara Health

$2.3M · 2 grants · 2020–2022

Jack Kent Cooke Foundation

$1.0M · 1 grant · 2020

United Negro College Fund Inc

$809K · 3 grants · 2018–2020

American Online Giving Foundation Inc

$600K · 6 grants · 2019–2024

Old Dominion University Research

$488K · 3 grants · 2021–2023

Hampton Roads Community Foundation

$449K · 15 grants · 2018–2024

The Winston-Salem Foundation

$175K · 1 grant · 2022

Details

EIN237235954
NTEE codeB43I
Subsection03
Ruling date1972-11
Formed1971
Employees5
Volunteers26
NORFOLK STATE UNIVERSITY FOUNDATION INC — Mission, Financials & Grants Received | Grantivo