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University of Richmond

University of Richmond

University of Richmond, VA 23173
Tax ID54-0505965

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About this organization

Revenue

$449,623,123

Expenses

$374,981,434

Website

richmond.edu

Mission

To operate a university for academic scientific, and professional education and learning.

Interesting data from their 2019 990 filing

The non-profit's aim, as stated in the filing, is “The mission of the university of richmond is to educate in an academically challenging, intellectually vibrant, and collaborative community dedicated to the holistic development of students and the production of scholarly and creative work. a richmond education prepares students for lives of purpose, thoughtful inquiry, and responsible leadership in a diverse world. forging our future, building from strength, the university's strategic plan, establishes how richmond will pursue its mission. the larger purpose is to operate as a leader in higher education, preparing students to contribute to, and succeed in, a complex world; producing knowledge to address the worlds problems; and modeling the way that colleges and universities can effectively meet the challenges of our time. the strategic plan aims to fulfill the mission established by the board of trustees: "to educate in an academically challenging, intellectually vibrant, and collaborative community dedicated to the holistic developm”.

When referring to its actions, they were outlined as: “To operate a university for academic scientific, and professional education and learning.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as VA.
  • The non-profit's address in 2019 is noted in the filing as 201 MARYLAND HALL, RICHMOND, VA, 231730001.
  • The non-profit's form for 2019 reports a total of 4856 employees.
  • Does not operate a hospital.
  • Operates a school.
  • Collects art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $74,641,689.
  • The salary policy for the CEO of the organization is established through a review and approval by an impartial party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 26 independent voting members.
  • The organization has a professional fund raiser.
  • The organization was formed in 1830.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $183,788,398 in salary, compensation, and benefits to its employees.
  • The organization pays $12,262,623 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has a business related family member transaction.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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