Longwood University Real Estate Foundation

Organization Overview

Longwood University Real Estate Foundation is located in Farmville, VA. The organization was established in 2004. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Longwood University Real Estate Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Longwood University Real Estate Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Longwood University Real Estate Foundation generated $31.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $30.4m during the year ending 12/2021. While expenses have increased by 15.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE FOUNDATION IS TO ACQUIRE, DEVELOP, FINANCE, LEASE, HOLD, OPERATE, MANAGE AND DISPOSE OF REAL PROPERTY ASSETS AND INTERESTS FOR LONGWOOD UNIVERSITY.

Describe the Organization's Program Activity:

ALL PROGRAM ACTIVITIES RELATE TO THE ACQUISITION, DEVELOPMENT, FINANCING, LEASING, HOLDING, OPERATING, MANAGEMENT AND DISPOSAL OF REAL PROPERTY ASSETS AND INTERESTS OF LONGWOOD UNIVERSITY.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Louise W Waller
Executive Di
$94,345
John W Daniel II
President
$0
Sherri Moore
Secretary
$0
Tim J Pierson Ph D
Director
$0
William Fiege
Director
$0
Troy S Austin
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Little Diversified Arch Design
Architecture
$1,886,295
Kensington Capital Advisors
Advisory
$109,410
English Construction
Construction
$1,049,338
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,533,686
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,533,686
Total Program Service Revenue$25,298,175
Investment income $19,405
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $44,841
Net Gain/Loss on Asset Sales $14,900
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $31,911,007

Grants Awarded

Over the last fiscal year, Longwood University Real Estate Foundation has awarded $1,530,000 in support to 2 organizations.

Grant RecipientAmount

LONGWOOD UNIVERSITY

Org PageRecipient Profile

Farmville, VA

PURPOSE: GENERAL SUPPORT

$1,500,000

PRINCE EDWARD CO VOL RESCUE SQUAD

Org PageRecipient Profile

Farmville, VA

PURPOSE: GENERAL OPERATIONS

$30,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Longwood University Real Estate Foundation has recieved totaling $39,317.

Awarding OrganizationAmount
P3 Foundation Inc

Charlotte, NC

PURPOSE: HULL SPRINGS FARM

$21,667
Peachtree House Foundation

Richmond, VA

PURPOSE: $2,500 FOR HULL SPRINGS FARM; $5,000 FOR JOSEPH T JARMAN THEATER SCHOLARSHIP FUND $10,000 FOR THE LCVA FOR COMMUNITY OUTREACH

$17,500
Ibm International Foundation

Armonk, NY

PURPOSE: EMPLOYEE MATCHING GRANT

$150
View Grant Recipient Profile

Create an account to unlock the data you need.

or