Washington & Lee University

Washington & Lee University Overview

Washington & Lee University is located in Lexington, VA. The organization was established in 1923. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2020, Washington & Lee University employed 2,590 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Washington & Lee University generated $186.2m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $241.2m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Washington & Lee University has awarded 19 individual grants totaling $3,413,927. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

WASHINGTON AND LEE PROVIDES A LIBERAL ART COLLEGE EDUCATION TO APPROXIMATELY 1,800 UNDERGRADUATE STUDENTS & OFFERS JD & LLM STUDIES TO APPROXIMATELY 400 LAW STUDENTS EACH YEAR.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING A LIBERAL ARTS COLLEGE EDUCATION - SEE SCHEDULE O.


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Washington & Lee University Board, Officers & Key Employees

Name (title)Compensation
William C Dudley
President And Trustee
$643,135
Dennis W Cross
Vice President
$390,379
Brant J Hellwig
Dean
$371,403
Steven G Mcallister
Treasurer
$349,133
Marc C Conner
Provost
$295,916
Nora Demleitner
Law Professor
$293,662

Washington & Lee University Vendors

Vendor Name (Service)Compensation
The Whiting-turner Contracting Co
Construction
$19,799,466
Makena Capital Lp
Investment Mgmt
$5,861,485
Gunner Construction
Construction
$1,405,293
Kjellstrom And Lee Inc
Construction
$2,018,069
Workday Inc
Software Dvlpmt
$800,315
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,121,638
All other contributions, gifts, grants, and similar amounts not included above$47,137,333
Noncash contributions included in lines 1a–1f $18,777,889
Total Revenue from Contributions, Gifts, Grants & Similar$49,258,971
Total Program Service Revenue$135,611,159
Investment income $625,781
Tax Exempt Bond Proceeds $0
Royalties $29,591
Net Rental Income $0
Net Gain/Loss on Asset Sales $673,951
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $186,199,453

Washington & Lee University Grants Awarded

Over the last fiscal year, Washington & Lee University has awarded $639,942 in support to 5 organizations.

Grant RecipientAmount

CITY OF LEXINGTON VA

PURPOSE: PMT IN LIEU OF TAXES

$567,397

LEXINGTON GOLF AND COUNTRY CLUB

Org PageRecipient Profile

Lexington, VA

PURPOSE: PROGRAM SERVICE

$40,000

KENDAL AT LEXINGTON

Org PageRecipient Profile

Lexington, VA

PURPOSE: PROGRAM SERVICE

$20,000

ROCKBRIDGE AREA TRANSPORTATION

Org PageRecipient Profile

Lexington, VA

PURPOSE: PROGRAM SERVICE

$7,500

ROCKBRIDGE AREA RELIEF ASSOCIATION

Org PageRecipient Profile

Lexington, VA

PURPOSE: Program Service

$5,045
View Grant Profile

Washington & Lee University Grants Recieved

Over the last fiscal year, we have identified 48 grants that Washington & Lee University has recieved totaling $16,298,805.

Awarding OrganizationAmount
$15,693,012
Sadler Family Foundation

Palm Beach, FL

PURPOSE: CHARITABLE

$191,780
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$85,449
The Mcgue Millhiser Family Trust

Richmond, VA

PURPOSE: GENERAL USE

$50,000
The Mcgue Millhiser Family Trust

Richmond, VA

PURPOSE: GENERAL USE

$50,000
Greater Kanawha Valley Foundation

Charleston, WV

PURPOSE: GENERAL SUPPORT

$30,489
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,142,350,304
Earnings$33,655,213
Admin Expense$2,398,511
Net Contributions$30,029,504
Other Expense$23,470,757
Grants$29,416,051
Ending Balance$1,150,749,702

Washington & Lee University Peer Organizations

Organization NameAssets
Washington & Lee University
Lexington, VA
$186,199,453
Davidson College
Davidson, NC
$201,740,146
Rhodes College
Memphis, TN
$126,618,541
Berea College
Berea, KY
$205,202,087
Stevenson University Inc
Owings Mills, MD
$146,450,457
Maryland Institute
Baltimore, MD
$136,443,462
Campbellsville University Inc
Campbellsville, KY
$147,591,479
Roanoke College
Salem, VA
$118,896,428
Goucher College
Baltimore, MD
$93,748,228
Centre College Of Kentucky
Danville, KY
$91,020,340
Lee University
Cleveland, TN
$106,104,009
Washington College
Chestertown, MD
$102,852,298

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