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Bayport Foundation is a private corporation based in NEWPORT NEWS, VA. The foundation received its IRS ruling in 2021. The principal officer is Jim Mears. It holds total assets of $620K. Annual income is reported at $671K. Total assets have grown from $20K in 2020 to $628K in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Virginia. According to available records, Bayport Foundation has made 98 grants totaling $1M, with a median grant of $2K. Annual giving has grown from $38K in 2021 to $242K in 2023. Grantmaking activity was highest in 2022 with $755K distributed across 52 grants. Individual grants have ranged from $1K to $250K, with an average award of $11K. The foundation has supported 48 unique organizations. The foundation primarily supports organizations in Virginia, North Carolina, Maryland, which account for 81% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$15K
Largest Grant
$250K
Based on 26 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bayport Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 98 grants. Its grantmaking reaches organizations primarily in VA, NC, MD.
Bayport Foundation has distributed a total of $1M across 98 grants. The median grant size is $2K, with an average of $11K. Individual grants have ranged from $1K to $250K.
The application deadline is EDUCATIONAL SCHOLARSHIP DEADLINE IS MARCH 30TH.. Individuals must be members in good standing of bayport credit union.
Bayport Foundation is headquartered in NEWPORT NEWS, VA. While based in VA, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jim Mears | PRESIDENT & | $0 | $0 | N/A |
| Ray Bagley | V/P & VICE-C | $0 | $0 | N/A |
| Jennifer Coyne | SECRETARY/TR | $0 | $0 | N/A |
| Mary Cullen | DIRECTOR | $0 | $0 | N/A |
| Ira Williams | DIRECTOR | $0 | $0 | N/A |
| Nancy Porter | CEO / EX. DI | $0 | $0 | N/A |
Total Giving
$292K
Total Assets
$628K
Fair Market Value
$628K
Net Worth
$613K
Grants Paid
$242K
Contributions
$523K
Net Investment Income
N/A
Distribution Amount
$27K
Total Grants
98
Total Giving
$1M
Average Grant
$11K
Median Grant
$2K
Unique Recipients
48
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Old Dominion UniversitySCHOLARSHIPS | Norfolk, VA | $7K | 2023 |
| University Of VirginiaSCHOLARSHIPS | Charlottesville, VA | $7K | 2023 |
| Adtalem Global EducationSCHOLARSHIP | Chicago, IL | $2K | 2023 |
| Peninsula Rescue MissionGRANTS | Newport News, VA | $150K | 2023 |
| Boys & Girls Club Va Peninsula1 YEAR WELLNESS GRANT | Newport News, VA | $25K | 2023 |
| Virginia Tech UniversitySCHOLARSHIPS | Blacksburg, VA | $8K | 2023 |
| Longwood UniversitySCHOLARSHIPS | Farmville, VA | $6K | 2023 |
| Virginia Commonwealth UniversitySCHOLARSHIPS | Richmond, VA | $5K | 2023 |
| Virginia Peninsula Community CollegSCHOLARSHIP | Hampton, VA | $3K | 2023 |
| Norfolk State UniversitySCHOLARSHIPS | Norfolk, VA | $3K | 2023 |
| Milwaukee School Of EngineeringSCHOLARSHIP | Milwaukee, WI | $2K | 2023 |
| Johns Hopkins UniversitySCHOLARSHIP | Baltimore, MD | $2K | 2023 |
| Randolph Macon CollegeSCHOLARSHIPS | Ashland, VA | $2K | 2023 |
| University Of South CarolinaSCHOLARSHIP | Columbia, SC | $2K | 2023 |
| Riverside College Of Health CareersSCHOLARSHIP | Newport News, VA | $2K | 2023 |
| Harvey Mudd CollegeSCHOLARSHIP | Claremont, CA | $2K | 2023 |
| Darmouth CollegeSCHOLARSHIP | Hanover, NH | $2K | 2023 |
| Radford UniversitySCHOLARSHIP | Radford, VA | $2K | 2023 |
| Christopher Newport UniversitySCHOLARSHIPS | Newport News, VA | $2K | 2023 |
| Nc State UniversitySCHOLARSHIPS | Raleigh, NC | $2K | 2023 |
| Washington & Lee UniversitySCHOLARSHIPS | Lexington, VA | $2K | 2023 |
| Emmanuel CollegeSCHOLARSHIPS | Boston, MA | $2K | 2023 |
| James Madison UniversitySCHOLARSHIPS | Harrisonburg, VA | $2K | 2023 |
| Apprentice School AssociationSCHOLARSHIP | Newport News, VA | $1K | 2023 |
| Functional Medicine UniversitySCHOLARSHIP | Greer, SC | $1K | 2023 |
| Liberty UniversitySCHOLARSHIPS | Lynchburg, VA | $1K | 2023 |
| Bowie State UniversitySCHOLARSHIP | Bowie, MD | $1K | 2023 |
| Virginia Beach Education FoundationACT GRANT YEAR 1 OF 3 | Virginia Beach, VA | $250K | 2022 |
| Habitat For Humanity2022 3D HOUSE PARTNER | Norfolk, VA | $55K | 2022 |
| Virginia Living Museum1 YEAR EDUCATION GRANT | Newport News, VA | $10K | 2022 |
| Thomas Nelson Community CollegeSCHOLARSHIPS | Hampton, VA | $3K | 2022 |
| Tidewater Community CollegeSCHOLARSHIPS | Norfolk, VA | $2K | 2022 |