SALISBURY, NC
Hood Theological Seminary
Quick Facts
- EIN
- 56-2231069
- Location
- SALISBURY, NC
- Category
- Education
- NTEE Code
- B50
- Total Assets
- $21.2M
- Annual Income
- $7.3M
- Annual Revenue
- $3.8M
- IRS Ruling Year
- 2001
- Tax Subsection
- 501(c)(03)
About This Organization
Hood Theological Seminary is a nonprofit organization based in SALISBURY, NC. It received its IRS tax-exempt ruling in 2001. The organization is classified under IRC Section 501(c)(03). It operates in the area of education. Total assets are reported at $21.2M. Annual income is $7.3M. The organization has received $4.7M in foundation grants from 6 funders. It has received $759K in federal awards from 1 agency.
Grants Received from Foundations
Foundation grants awarded to Hood Theological Seminary, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Lilly Endowment Inc. | $500K | 2023 | THRIVING IN MINISTRY INITIATIVE |
| Lilly Endowment Inc. | $1M | 2022 | PATHWAYS FOR TOMORROW INITIATIVE |
| Lilly Endowment Inc. | $1M | 2022 | PATHWAYS FOR TOMORROW INITIATIVE |
| Chatlos Foundation Inc. | $10K | 2022 | TO PROVIDE FINANCIAL ASSISTANCE SCHOLARSHIPS TO CVURRENT AND FUTURE STUDENTS |
| Chatlos Foundation Inc. | $10K | 2022 | TO PROVIDE FINANCIAL ASSISTANCE SCHOLARSHIPS TO CVURRENT AND FUTURE STUDENTS |
| Lilly Endowment Inc. | $460K | 2021 | THRIVING CONGREGATIONS INITIATIVE |
| Lilly Endowment Inc. | $50K | 2021 | PATHWAYS FOR TOMORROW INITIATIVE |
| Margaret C Woodson Foundation Incorporated | $16K | 2021 | CENTER FOR CHAPLAINCY AT HOOD THEOLOGICAL SEMINARY |
| Lilly Endowment Inc. | $1M | 2020 | COVID19 HISTORIC BLACK THEOSCHL PROG |
| Lilly Endowment Inc. | $540K | 2020 | THRIVING CONGREGATIONS INITIATIVE |
| Cannon Foundation Inc. | $90K | 2020 | REPLACE AIR CONDITIONING AND HEATING UNITS; UPDATE CAMPUS SIGNAGE |
| Margaret C Woodson Foundation Incorporated | $16K | 2020 | WOODSON ENDOWED SCHOLARSHIP AND ANNUAL FUND DRIVE |
| The Wilson L Smith Foundation The Smith Foundation Friends Of Rowan | $11K | 2020 | GENERAL FUND |
| Hurley-Trammell Foundation | $2K | 2020 | THEOLOGICAL EDUCATION |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Department of Education | 5 awards totaling $759,263 | $759K | 2022 |
Frequently Asked Questions
What does Hood Theological Seminary do?
Hood Theological Seminary is a nonprofit organization focused on education, based in SALISBURY, NC. It is classified under IRC Section 501(c)(03).
Who funds Hood Theological Seminary?
Hood Theological Seminary has received foundation grants from Lilly Endowment Inc., Chatlos Foundation Inc., Margaret C Woodson Foundation Incorporated, and others. It has also received federal awards from Department of Education.
What is Hood Theological Seminary's annual revenue?
Hood Theological Seminary reports total assets of $21.2M. Annual income is $7.3M.
Where is Hood Theological Seminary located?
Hood Theological Seminary is located in SALISBURY, NC.
Is Hood Theological Seminary a 501(c)(3)?
Yes, Hood Theological Seminary is a 501(c)(3) tax-exempt organization. Its EIN is 56-2231069. Donations to this organization may be tax-deductible.
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