DANVILLE, VA

Averett University

Quick Facts

EIN
54-0129860
Location
DANVILLE, VA
Category
Education
NTEE Code
B430
Total Assets
$68.8M
Annual Income
$54.3M
Annual Revenue
$54.3M
IRS Ruling Year
1929
Tax Subsection
501(c)(03)

About This Organization

Averett University is a nonprofit organization based in DANVILLE, VA. It received its IRS tax-exempt ruling in 1929. The organization is classified under IRC Section 501(c)(03). It operates in the area of education. Total assets are reported at $68.8M. Annual income is $54.3M. The organization has received $5.8M in foundation grants from 17 funders.

Grants Received from Foundations

Foundation grants awarded to Averett University, based on IRS 990-PF filings.

FunderAmountYearPurpose
Charles B Keesee Educational Fund Incorporated$58K2024STUDENT GRANTS FOR TUITION, BOOKS, FEES, ETC.
David S Blount Educational Foundation$44K2024SCHOLARSHIP
Hughes Memorial Home$40K2024EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS
Danville Regional Foundation$685K2023AU Online
E Stuart James Grant Charitable Trust$400K2023$400,000 DEBT REDUCTION (1ST YEAR OF 3 YEAR PLEDGE)
Danville Regional Foundation$249K2023CCEC 2020-2025
E Stuart James Grant Charitable Trust$100K2023UNDESIGNATED SUPPORT
Charles B Keesee Educational Fund Incorporated$83K2023STUDENT GRANTS FOR TUITION, BOOKS, FEES, ETC.
The Alma Mcmanaway Dillon Of Bassett Va Scholarship Fund Charit$52K2023GENERAL OPERATING
Frith Charitable Trust-Frith Hall At Avertt College$25K2023GENERAL OPERATING
Hughes Memorial Home$25K2023EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS
Kohnken Family Foundation Inc.$10K2023EDUCATION
The Lacy And Mattie Meador Family Academic Scholarship Trust$3K2023UNRESTRICTED GENERAL
The Lacy And Mattie Meador Family Academic Scholarship Trust$3K2023UNRESTRICTED GENERAL
Worth M & Madeline C Key Scholarship Trust$2K2023SCHOLARSHIP
Enterprise Holdings Foundation$2K2023Program Support
Watt Foster Family Foundation$5002023NAKYLE BRADLEY / ID#P000318953 / WC SCHOLARSHIP
Watt Foster Family Foundation$5002023JA'CORIYOUS GRAVES / ID#P000318892 / WC SCHOLARSHIP
Danville Regional Foundation$1.9M2022AU Online
Danville Regional Foundation$393K2022CCEC
E Stuart James Grant Charitable Trust$300K2022$300,000 UNRESTRICTED SUPPORT
E Stuart James Grant Charitable Trust$300K2022$300,000 UNRESTRICTED SUPPORT
Charles B Keesee Educational Fund Incorporated$108K2022STUDENT GRANTS FOR TUITION, BOOKS, FEES, ETC.
Hughes Memorial Home$71K2022EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS
The Alma Mcmanaway Dillon Of Bassett Va Scholarship Fund Charit$57K2022GENERAL OPERATING
Frith Charitable Trust-Frith Hall At Avertt College$26K2022GENERAL
Frith Charitable Trust-Frith Hall At Avertt College$26K2022GENERAL
Helen S And Charles G Patterson Jr Charitable Foundation Trust$5K2022GENERAL OPERATING
Enterprise Holdings Foundation$3K2022Program Support
Enterprise Holdings Foundation$3K2022Program Support
Kohnken Family Foundation Inc.$3K2022EDUCATION
Kohnken Family Foundation Inc.$3K2022EDUCATION
James A Meador Foundation$3K2022SCHOLARSHIP
Bank Of America Charitable Foundation Inc.$5002022PROGRAM/OPERATING SUPPORT
Bank Of America Charitable Foundation Inc.$5002022PROGRAM/OPERATING SUPPORT
Bank Of America Charitable Foundation Inc.$5002022PROGRAM/OPERATING SUPPORT
Bank Of America Charitable Foundation Inc.$5002022PROGRAM/OPERATING SUPPORT
Harvey & Missy Jabara Family Foundation Inc.$1002022To carry out the general purpose of the charitable organization.
Harvey & Missy Jabara Family Foundation Inc.$1002022To carry out the general purpose of the charitable organization.
Verizon FoundationN/A2022MIP PAYOUT FOR 02/07/2022
Verizon FoundationN/A2022MIP PAYOUT FOR 02/07/2022
E Stuart James Grant Charitable Trust$300K2021$200,000 FACILITY IMPROVEMENTS/UPGRADES; $100,000 UNRESTRICTED SUPPORT
Danville Regional Foundation$223K2021AU Online
Charles B Keesee Educational Fund Incorporated$133K2021STUDENT GRANTS FOR TUITION, BOOKS, FEES, ETC.
The Alma Mcmanaway Dillon Of Bassett Va Scholarship Fund Charit$50K2021GENERAL OPERATING
Hughes Memorial Home$38K2021EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS
Danville Regional Foundation$25K2021Best Practice Research and Implementation
Danville Regional Foundation$25K2021Vaccination Event
Danville Regional Foundation$13K2021MMH
Helen S And Charles G Patterson Jr Charitable Foundation Trust$10K2021GENERAL OPERATING

Frequently Asked Questions

What does Averett University do?

Averett University is a nonprofit organization focused on education, based in DANVILLE, VA. It is classified under IRC Section 501(c)(03).

Who funds Averett University?

Averett University has received foundation grants from Charles B Keesee Educational Fund Incorporated, David S Blount Educational Foundation, Hughes Memorial Home, and others.

What is Averett University's annual revenue?

Averett University reports total assets of $68.8M. Annual income is $54.3M.

Where is Averett University located?

Averett University is located in DANVILLE, VA.

Is Averett University a 501(c)(3)?

Yes, Averett University is a 501(c)(3) tax-exempt organization. Its EIN is 54-0129860. Donations to this organization may be tax-deductible.

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