HICKORY, NC
Lenoir-Rhyne University
Quick Facts
- EIN
- 56-0556753
- Location
- HICKORY, NC
- Category
- Education
- NTEE Code
- B420
- Total Assets
- $291.4M
- Annual Income
- $99.6M
- Annual Revenue
- $83.7M
- IRS Ruling Year
- 1945
- Tax Subsection
- 501(c)(03)
About This Organization
Lenoir-Rhyne University is a nonprofit organization based in HICKORY, NC. It received its IRS tax-exempt ruling in 1945. The organization is classified under IRC Section 501(c)(03). It operates in the area of education. Total assets are reported at $291.4M. Annual income is $99.6M. The organization has received $1.8M in foundation grants from 19 funders. It has received $23M in federal awards from 2 agencies.
Grants Received from Foundations
Foundation grants awarded to Lenoir-Rhyne University, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Beaver Family Foundation Inc. | $30K | 2024 | GENERAL AND UNRESTRICTED |
| Bolick Foundation | $50K | 2023 | RELIGIOUS/SPIRITUAL LIFE |
| Bolick Foundation | $50K | 2023 | RELIGIOUS/SPIRITUAL LIFE |
| George Foundation Inc. | $50K | 2023 | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION |
| Edward M Armfield Sr Foundation Inc. | $28K | 2023 | SCHOLARSHIP |
| Mozelle Johnson Pruitt Foundation | $21K | 2023 | PROGRAM SUPPORT |
| Bolick Foundation | $5K | 2023 | BUSINESS COUNCIL FUND |
| Bolick Foundation | $5K | 2023 | BUSINESS COUNCIL FUND |
| Charles A Cannon Charitable Trust N0 One | $300K | 2022 | HVAC IN PE MONROE AUDITORIUM |
| Charles A Cannon Charitable Trust N0 One | $300K | 2022 | HVAC IN PE MONROE AUDITORIUM |
| Charles A Cannon Charitable Trust N0 One | $150K | 2022 | HVAC IN PE MONROE AUDITORIUM |
| Charles A Cannon Charitable Trust N0 One | $150K | 2022 | HVAC IN PE MONROE AUDITORIUM |
| George Foundation Inc. | $60K | 2022 | GENERAL SUPPORT |
| George Foundation Inc. | $60K | 2022 | GENERAL SUPPORT |
| Truist Foundation Inc. | $50K | 2022 | GENERAL OPERATING |
| Truist Foundation Inc. | $50K | 2022 | GENERAL OPERATING |
| Edward M Armfield Sr Foundation Inc. | $36K | 2022 | SCHOLARSHIP |
| Edward M Armfield Sr Foundation Inc. | $36K | 2022 | SCHOLARSHIP |
| Mozelle Johnson Pruitt Foundation | $28K | 2022 | PROGRAM SUPPORT |
| Thomas Austin Finch Foundation | $8K | 2022 | SCHOLARSHIP |
| Charles A Cannon Charitable Trust N0 One | $5K | 2022 | TRUSTEE DISCRETIONARY - UNRESTRICTED |
| Charles A Cannon Charitable Trust N0 One | $5K | 2022 | TRUSTEE DISCRETIONARY - UNRESTRICTED |
| Beaver Family Foundation Inc. | $5K | 2022 | GENERAL AND UNRESTRICTED |
| Jpmorgan Chase Foundation | $1K | 2022 | GENERAL OPERATING SUPPORT |
| Jpmorgan Chase Foundation | $1K | 2022 | GENERAL OPERATING SUPPORT |
| Verizon Foundation | $500 | 2022 | MIP PAYOUT FOR 12/02/22 |
| Lpl Financial Foundation Inc. | $500 | 2022 | OPERATIONAL SUPPORT |
| Verizon Foundation | $500 | 2022 | MIP PAYOUT FOR 12/02/22 |
| Lpl Financial Foundation Inc. | $500 | 2022 | OPERATIONAL SUPPORT |
| The Duke Energy Foundation | $110 | 2022 | EMPLOYEE MATCHING GIFT DONATION |
| The Duke Energy Foundation | $110 | 2022 | EMPLOYEE MATCHING GIFT DONATION |
| Lilly Endowment Inc. | $50K | 2021 | PATHWAYS FOR TOMORROW INITIATIVE |
| George Foundation Inc. | $50K | 2021 | GENERAL SUPPORT |
| Bolick Foundation | $25K | 2021 | GENERAL OPERATING FUND |
| Mozelle Johnson Pruitt Foundation | $23K | 2021 | PROGRAM SUPPORT |
| Bolick Foundation | $5K | 2021 | BUSINESS COUNCIL |
| Huffman-Cornwell Foundation | $2K | 2021 | GENERAL |
| Verizon Foundation | $500 | 2021 | MIP PAYOUT FOR 11/03/21 |
| Shell Usa Company Foundation | $500 | 2021 | MG |
| George Foundation Inc. | $50K | 2020 | GENERAL SUPPORT |
| Cannon Foundation Inc. | $50K | 2020 | P.E. MONROE AUDITORIUM IMPROVEMENTS |
| Mozelle Johnson Pruitt Foundation | $22K | 2020 | PROGRAM SUPPORT |
| Underdown Family Foundation Inc. | $5K | 2020 | GENERAL PURPOSE |
| Ge Foundation | $4K | 2020 | MATCHING GIFTS |
| The Duke Energy Foundation | $3K | 2020 | EMPLOYEE MATCHING GIFTS |
| Verizon Foundation | $500 | 2020 | MIP PAYOUT FOR 01/14/20 |
| Verizon Foundation | $500 | 2020 | MIP PAYOUT FOR 11/09/20 |
| Reynolds American Foundation | $380 | 2020 | CHARITABLE ACTIVITIES |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Department of Education | 10 awards totaling $22,284,497 | $22.3M | 2024 |
| National Science Foundation | 1 awards totaling $713,927 | $714K | 2024 |
Frequently Asked Questions
What does Lenoir-Rhyne University do?
Lenoir-Rhyne University is a nonprofit organization focused on education, based in HICKORY, NC. It is classified under IRC Section 501(c)(03).
Who funds Lenoir-Rhyne University?
Lenoir-Rhyne University has received foundation grants from Beaver Family Foundation Inc., Bolick Foundation, George Foundation Inc., and others. It has also received federal awards from Department of Education, National Science Foundation.
What is Lenoir-Rhyne University's annual revenue?
Lenoir-Rhyne University reports total assets of $291.4M. Annual income is $99.6M.
Where is Lenoir-Rhyne University located?
Lenoir-Rhyne University is located in HICKORY, NC.
Is Lenoir-Rhyne University a 501(c)(3)?
Yes, Lenoir-Rhyne University is a 501(c)(3) tax-exempt organization. Its EIN is 56-0556753. Donations to this organization may be tax-deductible.
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