EIN 54-1156248

Christopher Newport University Education Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1980
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Christopher Newport University Education Foundation receives, administers, and distributes funds and property exclusively in furtherance of the educational activities and objectives of Christopher Newport University. It supports the university by giving direct support towards educational expenses. The foundation's programs include awarding 254 annual scholarships and 754 endowed scholarships.
Total revenues
$8,101,326
2023
Total expenses
$7,265,788
2023
Total assets
$78,899,266
2023
Num. employees
0
2023

Program areas at Christopher Newport University Education Foundation

University support - educational expenses given as direct support to Christopher Newport University.
Scholarship awards - awarded 254 annual scholarships and 754 endowed scholarships.

Who funds Christopher Newport University Education Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lettie Pate Whitehead FoundationFor General Scholarship Support.$223,000
Randolph D Rouse FoundationGeneral Use By Qualified Donee Organization$220,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$110,850
...and 27 more grants received totalling $1,208,343

Personnel at Christopher Newport University Education Foundation

NameTitleCompensation
Douglas L HornsbyChief Executive Officer$0
K Spencer McDonaldChief Financial Officer and Treasurer$0
Spencer McDonaldController
Brian M EakesPresident$0
Kelli P MeadowsSecretary$0
...and 3 more key personnel

Financials for Christopher Newport University Education Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$6,822,198
Program services$608,040
Investment income and dividends$86,287
Tax-exempt bond proceeds$0
Royalty revenue$16,021
Net rental income$0
Net gain from sale of non-inventory assets$455,783
Net income from fundraising events$49,241
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$63,756
Total revenues$8,101,326

Form 990s for Christopher Newport University Education Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-09990View PDF
2022-062022-11-14990View PDF
2021-062021-11-04990View PDF
2020-062021-03-02990View PDF
2019-062019-12-20990View PDF
...and 9 more Form 990s
Data update history
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 23, 2024
Updated personnel
Identified 4 new personnel
January 2, 2024
Used new vendors
Identified 1 new vendor, including
December 31, 2023
Received grants
Identified 12 new grant, including a grant for $223,000 from Lettie Pate Whitehead Foundation
October 25, 2023
Received grants
Identified 15 new grant, including a grant for $137,500 from Riverside Healthcare Association Inc Group
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsReceives government fundingEndowed supportTax deductible donationsNo full-time employees
General information
Address
1 University Pl
Newport News, VA 23606
Metro area
Virginia Beach-Norfolk-Newport News, VA-NC
County
Newport News city, VA
Website URL
cnu.edu/ 
Phone
(757) 594-7038
IRS details
EIN
54-1156248
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1980
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B84: Alumni Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Christopher Newport University Education Foundation has new information, or want to find more organizations like Christopher Newport University Education Foundation?

Create free Cause IQ account