Overview

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Est.

1960

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

THE NORFOLK ACADEMY is dedicated to enhancing elementary and secondary education through a comprehensive program that supports students from grades one through twelve. With an operating budget of $40.3 million and total revenue of $35.9 million, the organization is supported by significant contributions from major funders including FIDELITY INVESTMENTS CHARITABLE GIFT FUND, DONOR ADVISED CHARITABLE GIVING INC, and VANGUARD CHARITABLE ENDOWMENT PROGRAM. The academy does not rely on any single funder for 50% or more of its revenue. For more information, visit www.norfolkacademy.org.

Mission Statement

NORFOLK ACADEMY SEEKS TO OFFER A COORDINATED PROGRAM FOR STUDENTS, BUILDING AND EXPANDING ON KNOWLEDGE AND EXPERIENCE FROM GRADES ONE THROUGH TWELVE.
Revenues
$36.5M
Expenses
$39.9M
Net Income:
-$3.3M
Assets
$163.8M
Liabilities
$12.8M
Net Assets:
+$151M
Operating Budget
$39.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
39
Median grant size
$10K
Largest grant received
$412.1K
L
Ld Britt
Board Member
R
Richard C Burroughs Jr
Board Member
R
Rhonda G Durham
Board Member

Frequently Asked Questions

What is THE NORFOLK ACADEMY’s budget?
In 2024, THE NORFOLK ACADEMY reported an annual operating budget of around $39.9 million. More detailed financial information is available to registered users.
What causes does THE NORFOLK ACADEMY support?
THE NORFOLK ACADEMY supports work in Elementary and secondary education.
Where does THE NORFOLK ACADEMY operate?
THE NORFOLK ACADEMY is headquartered in NORFOLK, VA.
Who funded THE NORFOLK ACADEMY recently?
In 2025, THE NORFOLK ACADEMY received grants from RAYMOND JAMES CHARITABLE ENDOWMENT FUND, AMERICAN ONLINE GIVING FOUNDATION INC, and THE GOTTLIEB FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE NORFOLK ACADEMY received in 2024?
The largest grant to THE NORFOLK ACADEMY in 2024 exceeds $412 thousand.