Mission
TO PROVIDE FINANCIAL SUPPORT TO NORFOLK STATE UNIVERSITY.
Public Charity
NORFOLK STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARY
NORFOLK STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARY is a Public Charity headquartered in NORFOLK, VA. Financial data from the 2024 filing: $13.4M revenue, $7.1M expenses, $121.1M total assets. 110 publicly reported grants to this organization, totaling roughly $48.6M, appear in IRS filings.
EIN: 237235954
NORFOLK, VA
Universities
NTEE: B43
Latest filing: 2024
Total Revenue$13.4M
Total Expenses$7.1M
Total Assets$121.1M
Grant Records110
Funding Total$48.6M
Filing Years2019–2024
Where $100 goes at Norfolk State University Foundation Inc and Subsidiary
How Norfolk State University Foundation Inc and Subsidiary divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$83
Programs
the work itself
$13
Management
running the organization
$4
Fundraising
raising the next dollar
Inside the $83 for programs
$48
The foundation made scholarship disbursements this year to over 1,000 Norfolk state university students who are designated by the university to receive scholarships from scholarship funds which have…
$35
The foundation provides support services for the benefit of Norfolk state university and its students
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
HUMAN SERVICES
$190,000
Institutional Grant
$100,000
EDUCATION
$25,000
GENERAL SUPPORT
$17,291
EDUCATION
$7,390
Showing up to 5 of 110 total records — full history available with membership.
Officers & Directors
VICE PRESIDENT, HUMAN RESOURCES COMMITTEE
Anthony Walters
DIRECTOR - NON-VOTING
Antonio Harrison
DIRECTOR
Bruce Hunter
EXECUTIVE DIRECTOR
Crystal D Jenkins
COMMITTEE ON DIRECTORS CHAIR
Crystal Lassiter
TREASURER, FINANCE/INVESTM
David R Kenerson Jr
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $13.4M | $7.1M | $121.1M |
| 2023 | $7.8M | $6.6M | $109.8M |
| 2022 | $9.0M | $4.0M | $98.3M |
| 2020 | $46.4M | $3.0M | $87.8M |
| 2019 | $4.4M | $4.0M | $41.0M |
Between 2019 and 2024, reported annual revenue grew from $4.4M to $13.4M (+207%), with total assets most recently reported at $121.1M.
Interactive year-over-year charts and full filing details available with membership.