Compensation 990

Foundation Realty

Fiscal year ending 2024. Filed on November 15, 2025.

101 W Main Street 4500
Norfolk, Virginia 23510

Foundation Realty (EIN: 65-1317338) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Foundation Realty, a 501(c)(3) charitable organization, reported compensation for 9 employees. Among the employees shown here, the average compensation is $208,166. The highest compensated employee at Foundation Realty is Deborah M Dicroce with fiscal year 2024 compensation of $407,360.

Revenue, expenses, and employee compensation

Revenue

$224,982

Expenses

$351,460

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋10.2%vs 2023
Deborah M Dicroce
President, Secretary and CEO
$407,360
$0 from org$385,907 from related$21,453 other
＋3.3%vs 2023
Linda M Rice
Vice President of Grant MA
$226,809
$0 from org$213,260 from related$13,549 other
＋3.2%vs 2023
Richard Matthews
Chief Financial Officer
$223,843
$0 from org$202,390 from related$21,453 other
＋9.0%vs 2023
Robin Foreman-Wheeler
Vice President for Adminis
$182,743
$0 from org$162,000 from related$20,743 other
＋7.0%vs 2023
Kay A Stine
Vice President, Development
$172,528
$0 from org$162,000 from related$10,528 other
New in 2024
Michelle Washington
Vice President, Communications
$171,681
$0 from org$160,425 from related$11,256 other
New in 2024
Leigh E Davis
Vice President for Donor Engagement
$169,582
$0 from org$147,000 from related$22,582 other
＋8.9%vs 2023
Vivian M Oden
Vice President for Equity
$165,584
$0 from org$147,000 from related$18,584 other
New in 2024
Lynn Watson Neumann
General Counsel
$153,361
$0 from org$131,411 from related$21,950 other

Non-Employee Board Members

Cynthia C Romero, M.D.
Director
Dawn S Glynn
Treasurer and Director
Frank Batten Jr
Director
Hon Jerrauld D Jones
Director
Howard P Kern
Director
Joan P Brock
Director
John O Wynne Jr
Vice Chair and Director
Ld Britt, M.D.
Director
Lemuel E Lewis
Director
Miles Leon
Director
Rony Thomas
Director
Sharon S Goodwyn
Chair and Director

Mission Statement

TO ACCEPT AND CONVERT CONTRIBUTIONS OF REAL PROPERTY TO OTHER INVESTMENT ASSETS FOR THE BENEFIT OF THE SUPPORTED ORGANIZATION'S CHARITABLE PURPOSE.

Revisions to this organization profile

November 15, 2025:
2024 Foundation Realty 990 filed
September 27, 2024:
2023 Foundation Realty 990 filed
November 13, 2023:
2022 Foundation Realty 990 filed

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