Mission
SEVACF ENHANCES THE QUALITY OF THE LIFE IN SOUTH HAMPTON ROADS BY CONNECTING PEOPLE WHO CARE WITH CAUSES LARGE AND SMALL, MANAGING CHARITABLE FUNDS, AND PROVIDING GRANTS AND SCHOLARSHIPS FOR (CONTINUED ON SCHEDULE O)
Community Foundation
THE SOUTHEAST VIRGINIA COMMUNITY FOUNDATION
THE SOUTHEAST VIRGINIA COMMUNITY FOUNDATION is a Community Foundation headquartered in CHESAPEAKE, VA. Financial data from the 2024 filing: $1.5M revenue, $919K expenses, $18.3M total assets. 18 publicly reported grants to this organization, totaling roughly $493K, appear in IRS filings.
EIN: 272529017
CHESAPEAKE, VA
Latest filing: 2024
Total Revenue$1.5M
Total Expenses$919K
Total Assets$18.3M
Grant Records18
Funding Total$493K
Filing Years2020–2024
Where $100 goes at The Southeast Virginia Community Foundation
How The Southeast Virginia Community Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$90
Programs
the work itself
$8
Management
running the organization
$2
Fundraising
raising the next dollar
Inside the $90 for programs
$58
The foundation makes grants to nonprofit organizations in the charitable areas of arts & culture, capital & operating support, education; health and human services; civic and economic development…
$25
Donor education and other programs
$7
The foundation administers 25 scholarship funds and annually holds a celebration inviting board members, advisory board members, scholarship donors, awardees and thier family members
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
Endowment Funds
$42,375
PUBLIC, SOCIETAL BENEFIT
$10,000
Showing up to 5 of 18 total records — full history available with membership.
Officers & Directors
PAST PRES.
Amy W Folkes
DIRECTOR
Ashton Lewis Jr
DIRECTOR
Bett Cornetta
VICE PRESIDE
Carl L Hardee
DIRECTOR
Carolyn Bernard
OFFICER
Charles G Hackworth Sr
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.5M | $919K | $18.3M |
| 2023 | $268K | $1.2M | $16.9M |
| 2022 | $921K | $1.2M | $15.3M |
| 2021 | $2.0M | $1.2M | $18.8M |
| 2020 | $1.9M | $1.1M | $16.9M |
Between 2020 and 2024, reported annual revenue declined from $1.9M to $1.5M (-22%), with total assets most recently reported at $18.3M.
Interactive year-over-year charts and full filing details available with membership.