EIN 54-1156248

Christopher Newport University Education Foundation

Name: Christopher Newport University Education Foundation financials for 2024
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Newport News

State

Virginia

Year formed

1980

Most recent tax filings

2024-06-01

NTEE code, primary

B84: Alumni Associations

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.

Related structure

Christopher Newport University Education Foundation is a subordinate organization under Christopher Newport University (CNU).

Total revenues

$9,713,402

2024

Total expenses

$7,877,136

2024

Total assets

$86,604,079

2024

Num. employees

2024

Program areas at Christopher Newport University Education Foundation

University support - educational expenses given as direct support to Christopher Newport University.

Scholarship awards - awarded 239 annual scholarships and 650 endowed scholarships.

Who funds Christopher Newport University Education Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Lettie Pate Whitehead Foundation	2022-12	For General Scholarship Support.	$223,000
Randolph D Rouse Foundation	2022-12	General Use By Qualified Donee Organization	$220,000
Sentara Healthcare	2022-12	Cnus 20th Annual Paideia Conference	$94,980
...and 24 more grants received totalling $1,019,403

Personnel at Christopher Newport University Education Foundation

Name	Title	Compensation	Date of data
Douglas L Hornsby	Chief Executive Officer	$0	2023-06-30
K Spencer McDonald	Chief Financial Officer and Treasurer	$0	2023-06-30
Spencer McDonald	Controller		2023-11-09
Brian M Eakes	President	$0	2023-06-30
Kelli P Meadows	Secretary	$0	2023-06-30
...and 3 more key personnel

Financials for Christopher Newport University Education Foundation

Revenues	FYE 06/2024	FYE 06/2023	% Change
Total grants, contributions, etc.	$8,156,829	$6,822,198	19.6%
Program services	$634,753	$608,040	4.4%
Investment income and dividends	$233,395	$86,287	170.5%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$50,722	$16,021	216.6%
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$629,377	$455,783	38.1%
Net income from fundraising events	$0	$49,241	-100%
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$8,326	$63,756	-86.9%
Total revenues	$9,713,402	$8,101,326	19.9%

Form 990s for Christopher Newport University Education Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2024-06	2024-10-17	990	View PDF
2023-06	2023-11-09	990	View PDF
2022-06	2022-11-14	990	View PDF
2021-06	2021-11-04	990	View PDF
2020-06	2021-03-02	990	View PDF
...and 10 more Form 990s

Organizations like Christopher Newport University Education Foundation

Organization	Type	Location	Revenue
Fitchburg State University Foundation	501(c)(3)	Fitchburg, MA	$4,348,295
North Central Missouri College Foundation	501(c)(3)	Trenton, MO	$15,712,971
Blackhawk Technical College Foundation	501(c)(3)	Janesville, WI	$8,496,829
Foundation for Seminole State College of Florida	501(c)(3)	Heathrow, FL	$3,394,711
California State University Foundation	501(c)(3)	Long Beach, CA	$6,047,467
Northern Kentucky University Foundation	501(c)(3)	Highland Heights, KY	$7,523,777
Case Alumni Foundation	501(c)(3)	Cleveland, OH	$5,000,903
The Isidore Newman School Foundation	501(c)(3)	New Orleans, LA	$3,067,056
Graland Country Day School Foundation	501(c)(3)	Denver, CO	$3,493,699
Miami University Foundation	501(c)(3)	Oxford, OH	$27,278,581

Data update history

August 26, 2024

Received grants

Identified 4 new grant, including a grant for $22,500 from The Jack Miller Center for Teaching America's Founding Principles and

May 18, 2024

Received grants

Identified 3 new grant, including a grant for $9,725 from American Online Giving Foundation

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

Nonprofit Types

Grantmaking organizationsSchoolsChapter / child organizationsCharities

Issues

Education

Characteristics

Provides grantsReceives government fundingEndowed supportTax deductible donationsNo full-time employeesAccepts online donations

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: Subordinate organization

Blog articles

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

Christopher Newport University Education Foundation

Program areas at Christopher Newport University Education Foundation

Who funds Christopher Newport University Education Foundation

Personnel at Christopher Newport University Education Foundation

Financials for Christopher Newport University Education Foundation

Form 990s for Christopher Newport University Education Foundation

Organizations like Christopher Newport University Education Foundation

Nonprofits

Product

Customers

About