Record · Organization

Hunter Foundation

Virginia Beach, VA. EIN 54-0801148. Reported $443,511 of revenue for 2024 on its Form 990-PF.

The IRS record

Registered name: HUNTER FOUNDATION; As the IRS records it, which is how it appears in their own search.
Employer Identification Number: 54-0801148; The identifier the IRS uses for this organization.
Recognized under: 501(c)(3) — charitable, religious, educational, scientific; The subsection of the code its exemption was granted under.
Recognized in: 1967; The year of the IRS ruling.
Classification: not reported; The IRS has never assigned this organization a code.
Gifts to it: Contributions are deductible; Whether the IRS treats a contribution to this organization as deductible.
Legal form: Corporation; How the organization is constituted, as recorded at registration.
Location of record: Virginia Beach, VA; The address the IRS holds, not necessarily where it operates.
Most recent filing: Form 990-PF; For tax year 2024.

What it reported for 2024

What these figures are, and what they are not

Each figure is what the organization reported on its own return, as the IRS published it. The IRS does not audit the return before publishing it.

A private foundation reports its assets twice. Book value is what it paid for them; fair market value is what they are worth now. Rankings on this site use book value, because that is the only measure a Form 990 and a Form 990-EZ also report, which keeps a foundation comparable with the charities beside it.

Hunter Foundation reported paying Lucius H Breeden, Trustee, $10,040 for 2024. That is $10,040 of compensation and $0 of contributions to employee benefit plans and deferred compensation, as the organization reported them. The Form 990-PF has no column for pay from related organizations, and its column (e), expense account and other allowances, is not counted in this total. It is not a verified salary and not take-home pay.

$443,511
Total revenue: Contributions, grants, program service revenue and investment income.; $490,131
Total expenses: As reported on the return.; $2.3 million
Total assets, book value: $2,306,278; At the end of the year, at what the organization paid for them.; $11.6 million
Total assets, fair market value: $11,603,932; What they are worth now. Only a Form 990-PF reports this.; 5
People listed: Officers, directors, trustees, key employees and highest-paid employees.; $10,040
Largest reported compensation: Reported for Lucius H Breeden.; $10,040
Compensation: Column (c) of the officers’ list.; $0
Benefits and deferred pay: Column (d): contributions to employee benefit plans and deferred compensation.

How this compares

Total revenue: $443,511, 2024: By the revenue it reported, ranks 221,246th of 693,297 organizations with revenue on their return nationally and 6,115th of 18,272 in Virginia. Larger than 68% of the 693,297 organizations with revenue on their return nationally. It is < 0.1% of the $4,632,760,069,328 reported by every organization with a return on record.
Largest reported compensation: $10,040, 2024: By the largest compensation it reported paying, ranks 228,184th of 264,753 organizations reporting compensation nationally and 6,275th of 6,893 in Virginia. Larger than 13% of the 264,753 organizations reporting compensation nationally.

This organization elsewhere

IRS Tax Exempt Organization Search — the exemption record this page is built from. Search for EIN 54-0801148; the IRS search has no address that opens one organization directly.
ProPublica Nonprofit Explorer — the same filings with scanned returns going back further. Reporting by ProPublica.

More in Virginia. All organizations: nonprofits.

What this page cannot show

Everything here is what the organization told the IRS about itself. The IRS publishes returns as filed and does not audit them first.
The figures describe the most recent year on record, which has already ended, and not the organization’s current position.
Nothing here says whether the organization does its work well, or how it spends what it raises beyond the totals on the form.

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Sources

Exempt Organizations Business Master File — Internal Revenue Service · Public domain — U.S. Government work · retrieved October 14, 2026
Form 990 series e-file data

Compiled automatically from Exempt Organizations Business Master File and Form 990 series e-file data by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved October 14, 2026