Chesapeake Bay Wine Classic Foundation

VIRGINIA BEACH, VA EIN: 54-1831607 Website

TO PROVIDE FUNDS TO ORGANIZATIONS DEDICATED TO THE SUPPORT AND ADVANCED EDUCATION OF OUR YOUTH;TO PROMOTE VITICULTURE AND OENOLOGY IN HAMPTON ROADS; TO PROMOTE MEDICAL RESEARCH.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.2M

+189.6% YoY

Annual Giving

$1.2M

-3.0% YoY

Grant Count

34

+78.9% YoY

Avg Grant Size

$36K

-45.8% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$614K$1M$2M$2M2021202220232024
Metric202420232022
Total Assets$1,170,284$404,034$288,487
Revenue$2,233,552$1,572,187$1,481,367
Expenses$1,467,302$1,456,640$1,436,824
Qualifying Distributions
Net Investment Income$7,150
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$318K$636K$954K$1M2 grants202118 grants202219 grants202334 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ACCESS COLLEGE FOUNDATION$276KHAMPTON ROADS COMMUNITY …$250KTIDEWATER COMMUNITY COLL…$120KNORFOLK COLLEGIATE SCHOOL$83KEASTERN VIRGINIA MEDICAL…$82KUNC - ADAMS SCHOOL OF DE…$36KCHARLES BARKER CHAMPIONS…$31KELIZA HOPE FOUNDATION$28KELEVATE EARLY EDUCATION$23KVIRGINIA GENTLEMEN$20K

Grant Size Distribution

73 grants across all recorded years

61<$50K4$50–100K2$100–250K4$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Chesapeake Bay Wine Classic Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEVE BURKEDIRECTOR2
JENNIE CAPPSSECRETARY40
MARK NELSONDIRECTOR2
LINDA CHURCHDIRECTOR2
TAYLOR FRANKLINCHAIRMAN, PRESIDENT8
DAVID JESTERDIRECTOR2
DENNIS ELMERDIRECTOR2
TOM RICHDIRECTOR2
CYNTHIA RICKMANDIRECTOR2
RODNEY DUCKWORTHVICE PRESIDENT2
LISA EUREVICE PRESIDENT2
LAURA MORRISONDIRECTOR2
ALEX MITCHUMDIRECTOR2
DAG ZAPATERODIRECTOR2

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

5states

Cities

Chapel HillChesapeakeConcordLexingtonNewport NewsNorfolkRestonSan ClementeSanta RosaVirginia BeachWashington

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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