The Southeast Virginia Community
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)
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$18.3M
+8.3% YoY
Annual Giving
$464K
-41.7% YoY
Grant Count
30
-14.3% YoY
Avg Grant Size
$15K
-32.0% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $18,286,819 | $16,891,410 | $15,296,794 |
| Revenue | $1,521,800 | $267,674 | $921,181 |
| Expenses | $919,484 | $1,249,304 | $1,194,480 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $989,966 | $-332,830 | $235,532 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
135 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Southeast Virginia Community fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AMY W FOLKES | PAST PRES. | 3 | — |
| TIMOTHY S CULPEPPER | PAST PRES. | 3 | — |
| RICHARD E H WENTZ | CEO | 40 | $67,400 |
| STEPHEN KORVING | PRESIDENT | 3 | — |
| MICHELLE BUTLER | SECRETARY | 3 | — |
| CARL L HARDEE | VICE PRESIDE | 3 | — |
| CHARLES G HACKWORTH SR | OFFICER | 3 | — |
| THOMAS E WOOD | OFFICER | 3 | — |
| CAROLYN BERNARD | DIRECTOR | 1 | — |
| DORIS COBB | TREASURER | 1 | — |
| BETT CORNETTA | DIRECTOR | 1 | — |
| ASHTON LEWIS JR | DIRECTOR | 1 | — |
| SCOTT MATHESON | DIRECTOR | 1 | — |
| DR JOE RAMPERSAD | DIRECTOR | 1 | — |
| EMILY ROBBINS | DIRECTOR | 1 | — |
| CLAY ROBERTSON | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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