Longwood University Foundation Inc

Organization Overview

Longwood University Foundation Inc is located in Farmville, VA. The organization was established in 1961. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2021, Longwood University Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Longwood University Foundation Inc 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 Foundation Inc generated $12.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $6.3m during the year ending 12/2021. 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 FOUNDATION SUPPORTS THE ACTIVITIES AND OPERATIONS OF LONGWOOD UNIVERSITY.

Describe the Organization's Program Activity:

LONGWOOD UNIVERSITY FOUNDATION SUPPORTS VARIOUS PROGRAMS FOR LONGWOOD UNIVERSITY. THIS SUPPORT INCLUDES PROVIDING 704 SCHOLARSHIPS TO STUDENTS WHICH ENHANCES LONGWOOD'S DESIRABILITY, SUPPORTING THE COLLEGIATE ENDOWMENT FUNDS TO PROMOTE FINANCIAL INDEPENDENCE AND THE RESOURCES FOR GROWTH, AND SOLICITING DONATIONS FOR THE ANNUAL FUND, WHICH FUNDS THE OPERATING NEEDS FOR THE UNIVERSITY'S ACADEMIC DEPARTMENTS, ATHLETICS, AND SPECIAL PROGRAMS.


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
Patti Rosenberg
Executive Director Until 5/28/21
$128,531
Burt Hazelwood
CEO Starting 5/28/21
$24,367
Joseph Macphail III
President
$0
Robert S Wertz Jr
Vice President
$0
Eileen M Anderson
Ex-Officio Director
$0
Jennifer Apperson
Director
$0

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$2,748,927
Noncash contributions included in lines 1a–1f $420,600
Total Revenue from Contributions, Gifts, Grants & Similar$2,748,927
Total Program Service Revenue$0
Investment income $1,002,069
Tax Exempt Bond Proceeds $0
Royalties $16,805
Net Rental Income $7,416
Net Gain/Loss on Asset Sales $8,999,139
Net Income from Fundraising Events $640
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,872,847

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Longwood University Foundation Inc has recieved totaling $613,928.

Awarding OrganizationAmount
Lettie Pate Whitehead Foundation Inc

Atlanta, GA

PURPOSE: For general scholarship support.

$267,400
$136,900
Charlottesville Area Community Foundation

Charlottesville, VA

PURPOSE: NURSING SCHOOL SIMMAN ESSENTIAL MANAKIN

$63,500
Charlottesville Area Community Foundation

Charlottesville, VA

PURPOSE: INITIAL FUNDING FOR THE ELIZABETH REBECCA ROBERTSON JOHNSON/FRANCES BLAND ROBERTSON FIVEASH ENDOWED NURSING MERIT SCHOLARSHIP AND ANNUAL SCHOLARSHIPS

$30,000
$22,500
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$21,933
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$90,505,276
Earnings$15,991,135
Net Contributions$1,682,021
Other Expense$3,198,844
Ending Balance$104,979,588

Create an account to unlock the data you need.

or