Nonprofit · EIN 23-7053028
EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION
Also known as EASTERN VIRGINIA MEDICAL SCHOOL FDN
Tax-exempt · NORFOLK, VA 23501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $16,393,010 | $10,308,775 | $6,084,235 | $196,378,391 | $94,495 | $196,283,896 |
| June 30, 2024 | 990 | $14,673,075 | $11,673,261 | $2,999,814 | $184,852,997 | $663,617 | $184,189,380 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,556,152
- Program service revenue
- $0
- Investment income
- $11,799,989
- Net gain from sales of assets
- $8,726,506
- Other revenue
- $36,869
Expenses
- Grants and similar amounts paid
- $9,149,204
- Other salaries and wages
- $153,140
- Salaries, compensation and benefits (total)
- $208,137
- Professional fundraising fees
- $0
- Legal fees
- $18,345
- Accounting fees
- $53,734
- Occupancy
- $1,119
- Program services (functional)
- $9,149,204
- Management and general (functional)
- $1,078,963
- Fundraising (functional)
- $80,608
Balance sheet and other
- Total assets, start of year
- $184,852,997
- Total assets, end of year
- $196,378,391
- Total liabilities, end of year
- $94,495
- Net assets, end of year
- $196,283,896
- Publicly traded securities
- $42,482,002
- Net assets without donor restrictions
- $27,765,495
- Net assets with donor restrictions
- $168,518,401
- Gross unrelated business income
- $223,153
- Gross receipts
- $16,749,804
- Employees
- 0
- Volunteers
- 21
- Year formed
- 1969
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Brad Waitzer | Chair Trustee or director, Officer | 1 | $0 |
| CLYDE T CLARK JR | Secretary Trustee or director, Officer | 1 | $0 |
| JANE R SHORT | Treasurer Trustee or director, Officer | 1 | $0 |
| Kirkland Kelley | Vice-Chair Trustee or director, Officer | 1 | $0 |
| Andrew S Fine | TRUSTEE Trustee or director | 1 | $0 |
| Aubrey Layne Jr | TRUSTEE Trustee or director | 1 | $0 |
| B THOMAS MANSBACH | TRUSTEE Trustee or director | 1 | $0 |
| Conrad Hall | TRUSTEE Trustee or director | 1 | $0 |
| Hans VonKruger | TRUSTEE Trustee or director | 1 | $0 |
| Harold Jones III | TRUSTEE Trustee or director | 1 | $0 |
| Jeffrey Patton JR | TRUSTEE Trustee or director | 1 | $0 |
| Karen FINE | TRUSTEE Trustee or director | 1 | $0 |
| LEWIS W WEBB III | TRUSTEE Trustee or director | 1 | $0 |
| Louis F Ryan | TRUSTEE Trustee or director | 1 | $0 |
| MARK B DREYFUS | TRUSTEE Trustee or director | 1 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK D MANION | TRUSTEE Trustee or director | 1 | $0 |
| Michelle Butler | TRUSTEE Trustee or director | 1 | $0 |
| Patricia Y King | TRUSTEE Trustee or director | 1 | $0 |
| Preston White | TRUSTEE Trustee or director | 1 | $0 |
| RANDOLPH HOOVER | TRUSTEE Trustee or director | 1 | $0 |
| SHIRLEY C BALDWIN | TRUSTEE Trustee or director | 1 | $0 |
| Vandana A Patel | TRUSTEE Trustee or director | 1 | $0 |
| Wayne Wilbanks | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK B DREYFUS | TREASURER Trustee or director, Officer | 1 | $0 |
| SHIRLEY C BALDWIN | CHAIR Trustee or director, Officer | 1 | $0 |
| STEPHEN M SNYDER | SECRETARY Trustee or director, Officer | 1 | $0 |
| ANDREW S FINE | TRUSTEE Trustee or director | 1 | $0 |
| B THOMAS MANSBACH | TRUSTEE Trustee or director | 1 | $0 |
| CLYDE T CLARK JR | TRUSTEE Trustee or director | 1 | $0 |
| DAWN S GLYNN | TRUSTEE Trustee or director | 1 | $0 |
| Hans VonKruger | TRUSTEE Trustee or director | 1 | $0 |
| JANE R SHORT | TRUSTEE Trustee or director | 1 | $0 |
| KIRKLAND KELLEY | TRUSTEE Trustee or director | 1 | $0 |
| LEWIS WEBB III | TRUSTEE Trustee or director | 1 | $0 |
| LOUIS F RYAN | TRUSTEE Trustee or director | 1 | $0 |
| MARK D MANION | TRUSTEE Trustee or director | 1 | $0 |
| PATRICIA Y KING | TRUSTEE Trustee or director | 1 | $0 |
| RANDOLPH HOOVER | TRUSTEE Trustee or director | 1 | $0 |
| ROBERT C GOODMAN | TRUSTEE Trustee or director | 1 | $0 |
| ROBIN D RAY | TRUSTEE Trustee or director | 1 | $0 |
| VANDANA A PATEL | TRUSTEE Trustee or director | 1 | $0 |
| VINCENT J MASTRACCO JR | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5, NORFOLK, VA 23501-0005
- Principal officer (990 for 2024)
- Jane R Short, PO BOX 5, NORFOLK, VA 235010005
- Signed the 990
- Jane R Short, Treasurer
- Phone
- (757) 446-6051
- Return prepared by
- Forvis Mazars LLP
Mission
The Eastern Virginia Medical School Foundation serves to strengthen the financial security of Macon & Joan Brock Virginia Health Sciences at Old Dominion University by accepting, investing and managing gifts, donations and bequests.
Program accomplishments
- RESTRICTED GRANTS GIVEN TO Macon & Joan Brock Virginia Health Sciences at Old Dominion University FOR MEDICAL RESEARCH AND EDUCATIONAL PROGRAMS.Expenses $4,519,675 · grants $4,519,675 · revenue $36,869
- APPROPRIATIONS FOR PROGRAM AND PROFESSORSHIP ENHANCEMENTS OF Macon & Joan Brock Virginia Health Sciences at Old Dominion University APPROVED BY THE BOARD OF THE FOUNDATION.Expenses $2,303,447 · grants $2,303,447
- APPROPRIATIONS FOR MAINTENANCE AND OPERATIONS OF Macon & Joan Brock Virginia Health Sciences at Old Dominion University FOR MEDICAL RESEARCH AND EDUCATIONAL PROGRAMSExpenses $1,309,220 · grants $1,309,220
- APPROPRIATIONS FOR STUDENT SCHOLARSHIPS AT Macon & Joan Brock Virginia Health Sciences at Old Dominion University APPROVED BY THE BOARD OF THE FOUNDATION.Expenses $1,016,862 · grants $1,016,862
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7053028
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1970
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $196,378,391
- Income (IRS master file)
- $16,749,804
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $16,393,010 | $10,308,775 | $196,378,391 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $14,673,075 | $11,673,261 | $184,852,997 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $11,906,674 | $10,452,792 | $175,187,870 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7053028).
Questions about EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION
- What is the EIN of EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION?
- The employer identification number (EIN) of EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION is 23-7053028.
- Is EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION?
- The 990 for the year ended June 30, 2025 names Jane R Short.
- Who are the officers and directors of EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 23 people; 0 received compensation from the organization.
- How much revenue does EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $16,393,010, expenses of $10,308,775 and total assets of $196,378,391 at year end.
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