Overview

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Est.

1905

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Lenoir-Rhyne University is a nonprofit organization dedicated to providing undergraduate and university education, with a mission detailed in their Schedule O. With an operating budget of $62.9 million and total revenue of $83.7 million for the filing year 2024, the organization relies on multiple significant funders, none of which contribute 50% or more of its revenue. More information can be found on their website at www.lr.edu.

Mission Statement

SEE SCHEDULE O
Revenues
$83.7M
Expenses
$90.1M
Net Income:
-$6.4M
Assets
$291.4M
Liabilities
$75.9M
Net Assets:
+$215.4M
Operating Budget
$62.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
31
Median grant size
$19.2K
Largest grant received
$250K
D
DR Frederick K Whitt
Board Member
M
MS Katherine B Esch
Board Member
B
Boyd C Wilson
Board Member

Frequently Asked Questions

What is Lenoir-Rhyne University’s budget?
In 2024, Lenoir-Rhyne University reported an annual operating budget of around $62.9 million. More detailed financial information is available to registered users.
What causes does Lenoir-Rhyne University support?
Lenoir-Rhyne University supports work in University education and Undergraduate education.
Where does Lenoir-Rhyne University operate?
Lenoir-Rhyne University is headquartered in Hickory, NC.
Who funded Lenoir-Rhyne University recently?
In 2025, Lenoir-Rhyne University received grants from CHARLES A CANNON TRUST NO 1, O LEONARD MORETZ FDN TUA, and THE BOLICK FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Lenoir-Rhyne University received in 2024?
The largest grant to Lenoir-Rhyne University in 2024 exceeds $250 thousand.
What is Lenoir-Rhyne University’s reliance on government grants?
Lenoir-Rhyne University relied on government grants for less than 5% of their total revenue in 2024.