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FOUNDATION REALTY

EIN 65-1317338 NORFOLK, VA

Revenue 2024
$224,982
Expenses 2024
$351,460

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
F11
Classification
1000
Street
101 W MAIN ST STE 4500

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • FRANK BATTEN JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • LD BRITT MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • DAWN S GLYNN

    DIRECTOR & TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • THOMAS R FRANTZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • MILES LEON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • DEBORAH M DICROCE

    PRESIDENT, SECRETARY & CEO

    Total calculated
    $407,360
    From this org
    $0
    From related orgs
    $385,907
    Other
    $21,453
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $385,907 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $21,453 related
    Filer's total
    $0 + $407,360 related

  • HOWARD P KERN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • SHARON S GOODWYN

    DIRECTOR & CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • SUZANNE PURYEAR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • LEMUEL E LEWIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • CYNTHIA C ROMERO MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • RONY THOMAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • JOAN P BROCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • HON JERRAULD D JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • JOHN O WYNNE JR

    DIRECTOR & VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • RICHARD MATTHEWS

    CFO

    Total calculated
    $223,843
    From this org
    $0
    From related orgs
    $202,390
    Other
    $21,453
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $202,390 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $21,453 related
    Filer's total
    $0 + $223,843 related

  • KAY A STINE

    VICE PRESIDENT OF DEVELOPM

    Total calculated
    $172,528
    From this org
    $0
    From related orgs
    $162,000
    Other
    $10,528
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $162,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $10,528 related
    Filer's total
    $0 + $172,528 related

  • LINDA M RICE

    VICE PRESIDENT OF GRANT MA

    Total calculated
    $226,809
    From this org
    $0
    From related orgs
    $213,260
    Other
    $13,549
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $213,260 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $13,549 related
    Filer's total
    $0 + $226,809 related

  • ROBIN FOREMAN-WHEELER

    VICE PRESIDENT FOR ADMINIS

    Total calculated
    $182,743
    From this org
    $0
    From related orgs
    $162,000
    Other
    $20,743
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $162,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $20,743 related
    Filer's total
    $0 + $182,743 related

  • VIVIAN M ODEN

    VICE PRESIDENT FOR EQUITY

    Total calculated
    $165,584
    From this org
    $0
    From related orgs
    $147,000
    Other
    $18,584
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $147,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $18,584 related
    Filer's total
    $0 + $165,584 related

  • LEIGH E DAVIS

    VICE PRESIDENT FOR DONOR ENGAGEMENT

    Total calculated
    $169,582
    From this org
    $0
    From related orgs
    $147,000
    Other
    $22,582
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $147,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $22,582 related
    Filer's total
    $0 + $169,582 related

  • LYNN WATSON NEUMANN

    GENERAL COUNSEL

    Total calculated
    $153,361
    From this org
    $0
    From related orgs
    $131,411
    Other
    $21,950
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $131,411 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $21,950 related
    Filer's total
    $0 + $153,361 related

  • MICHELLE WASHINGTON

    VICE PRESIDENT FOR COMMUNICATIONS

    Total calculated
    $171,681
    From this org
    $0
    From related orgs
    $160,425
    Other
    $11,256
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $160,425 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $11,256 related
    Filer's total
    $0 + $171,681 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $224,982
    Expenses
    $351,460
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $242,572
    Expenses
    $485,978
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $762,437
    Expenses
    $766,147
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility SOUNK.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.