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Virginia · Nonprofit

ATHLETICS FOUNDATION OF NORFOLK STATE UNIVERSITY INC

ATHLETICS FOUNDATION OF NORFOLK STATE UNIVERSITY INC (Virginia) receives grants from 3 organizations whose IRS filings report $97,429 to it, the largest being NATIONAL BASKETBALL PLAYERS ASSOCIATION FOUNDATION ($50,000). 2 of them have funded it in more than one year. ATHLETICS FOUNDATION OF NORFOLK STATE UNIVERSITY INC administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.

Revenue FY2022
$518k
Funders on record
3
Grants received
$97k
Net assets
$201k
2/3 repeat funders

Hosts funds for others

ATHLETICS FOUNDATION OF NORFOLK STATE UNIVERSITY INC administers funds on behalf of other donors. The grants recorded as coming in are contributions into those funds, so they count custody rather than support for a programATHLETICS FOUNDATION OF NORFOLK STATE UNIVERSITY INC runs itself. This page therefore states the flows and does not draw the comparisons it would draw for an operating charity: concentration, funder retention, grant dependency and the peer field are all left out, because each of them would read a vehicle as if it were a program.

Paid out

$2k

Recipients

1

Contributions on record

$97k

Donors on record

3

Payments out are 0.02x the contributions on record, so the balance accumulates rather than passing straight through.

01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($441k) Expenses 100 ($501k) Net assets 100 ($129k)2021 Revenue 41 ($180k) Expenses 36 ($182k) Net assets 86 ($111k)2022 Revenue 117 ($518k) Expenses 86 ($428k) Net assets 156 ($201k)
201720212022
Revenue (117)Expenses (86)Net assets (156)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $192k to $270k (+40%).

$214k
$192k
$270k
201720212022
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2021
2022
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 3 reported years ran a deficit.

−$59k
’17
−$2k
’21
$90k
’22
6.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Frances Steward

Executive Director

As listed on its FY2022 Form 990.

201720212022
Listed101919
Joined··+0
No longer listed··0
02Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income fell $25k → $3k.

From the IRS filings of ATHLETICS FOUNDATION OF NORFOLK STATE UNIVERSITY INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

ATHLETICS FOUNDATION OF NORFOLK STATE UNIVERSITY INC draws 54% of its grant income from funders outside Virginia, across 3 states in all.

NY
MO
VA

In-state vs out-of-state, by year

’19
’20
’23
Virginia out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field
04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

59% of spending goes to programs.

Program 59%Management 41%Fundraising 0%

Governance

19
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

VA

Screen this organization

A dated, signed PDF of the compliance screen for ATHLETICS FOUNDATION OF NORFOLK STATE UNIVERSITY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ATHLETICS FOUNDATION OF NORFOLK STATE UNIVERSITY INC?
ATHLETICS FOUNDATION OF NORFOLK STATE UNIVERSITY INC (Virginia) receives grants from 3 organizations whose IRS filings report $97,429 to it, the largest being NATIONAL BASKETBALL PLAYERS ASSOCIATION FOUNDATION ($50,000). 2 of them have funded it in more than one year. ATHLETICS FOUNDATION OF NORFOLK STATE UNIVERSITY INC administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
How many funders does ATHLETICS FOUNDATION OF NORFOLK STATE UNIVERSITY INC have?
IRS filings report 3 organizations giving $97,429 in grants to ATHLETICS FOUNDATION OF NORFOLK STATE UNIVERSITY INC, 2 of which have funded it in more than one year.
Who is the largest funder of ATHLETICS FOUNDATION OF NORFOLK STATE UNIVERSITY INC?
NATIONAL BASKETBALL PLAYERS ASSOCIATION FOUNDATION is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like ATHLETICS FOUNDATION OF NORFOLK STATE UNIVERSITY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2017–2022), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing