MONTREAT, NC

Montreat College

Quick Facts

EIN
56-0543261
Location
MONTREAT, NC
Category
Education
NTEE Code
B42Z
Total Assets
$76.5M
Annual Income
$51M
Annual Revenue
$50.5M
IRS Ruling Year
1947
Tax Subsection
501(c)(03)

About This Organization

Montreat College is a nonprofit organization based in MONTREAT, NC. It received its IRS tax-exempt ruling in 1947. The organization is classified under IRC Section 501(c)(03). It operates in the area of education. Total assets are reported at $76.5M. Annual income is $51M. The organization has received $2.9M in foundation grants from 24 funders. It has received $13.7M in federal awards from 2 agencies.

Grants Received from Foundations

Foundation grants awarded to Montreat College, based on IRS 990-PF filings.

FunderAmountYearPurpose
Rusty Pulliam Foundation Inc.$150K2023Operational Support
The Abundant Life Foundation$100K2023GENERAL CONTRIBUTION
The Abundant Life Foundation$100K2023GENERAL CONTRIBUTION
Palmetto Farms Foundation$50K2023Capital Campaign
Bolick Foundation$35K2023SCHOLARSHIP ASSISTANCE
Bolick Foundation$35K2023SCHOLARSHIP ASSISTANCE
Edward M Armfield Sr Foundation Inc.$13K2023SCHOLARSHIP
Chatlos Foundation Inc.$10K2023TO SUPPORT THE KEYSTONE SCHOLARSIP SUPPORT TO 100% OF THE STUDENTS TO LOWER TUITION COSTS
Frank H Perry And Annie Belle Whilhelm Perry Memorial Scholarshi$8K2023ANNUAL SCHOLARSHIP GRANTS
Frank H Perry And Annie Belle Whilhelm Perry Memorial Scholarshi$8K2023ANNUAL SCHOLARSHIP GRANTS
Stine Foundation Inc.$5K2023General
Vanderhorst Family Foundation$3K2023EDCATION
Dogwood Health Trust$628K2022THIS GRANT WILL SUPPORT MONTREAT COLLEGES CAROLINA CYBER CENTER PROGRAM THAT TARGETS LOW-INCOME, UNEMPLOYED AND UNDEREMPLOYED INDIVIDUALS THROUGHOUT OUR REGION.
Dogwood Health Trust$628K2022THIS GRANT WILL SUPPORT MONTREAT COLLEGES CAROLINA CYBER CENTER PROGRAM THAT TARGETS LOW-INCOME, UNEMPLOYED AND UNDEREMPLOYED INDIVIDUALS THROUGHOUT OUR REGION.
Samuel E And Mary W Thatcher Foundation Inc.$150K2022GENERAL SUPPORT
Samuel E And Mary W Thatcher Foundation Inc.$150K2022GENERAL SUPPORT
Rusty Pulliam Foundation Inc.$100K2022OPERATIONAL SUPPORT
Rusty Pulliam Foundation Inc.$100K2022OPERATIONAL SUPPORT
Merklin Fam Foundation$50K2022General Fund
Merklin Fam Foundation$50K2022General Fund
Palmetto Farms Foundation$50K2022Capital Campaign
The Abundant Life Foundation$30K2022GENERAL ACCOUNT
The Abundant Life Foundation$30K2022GENERAL ACCOUNT
The Judith E And Joseph C Cook Jr Foundation Inc.$25K2022THRIVE CENTER
The Judith E And Joseph C Cook Jr Foundation Inc.$15K2022KEYSTONE SCHOLARSHIP FUND
Edward M Armfield Sr Foundation Inc.$13K2022SCHOLARSHIP
Edward M Armfield Sr Foundation Inc.$13K2022SCHOLARSHIP
Stine Foundation Inc.$5K2022General
Stonecutter Foundation Inc.$5K2022EDUCATION
Stine Foundation Inc.$5K2022General
The Alice Aber Smith Scholarship Fund$3K2022SCHOLARSHIP
R G Purcell Family Charitable Foundation$2K2022FUND SCHOLARSHIP
Douglas And Marianne Dickerson Foundation$1K2022PROVIDE ASSISTANCE FOR HIGHER EDUCATION
M & J Foundation Inc.$1K2022TO SUPPORT THE MISSION OF THE ORGANIZATION
M & J Foundation Inc.$1K2022TO SUPPORT THE MISSION OF THE ORGANIZATION
Bank Of America Charitable Foundation Inc.$5002022PROGRAM/OPERATING SUPPORT
Bank Of America Charitable Foundation Inc.$5002022PROGRAM/OPERATING SUPPORT
Bell Cook Family Foundation$5002022DONATION
Bell Cook Family Foundation$5002022DONATION
Victor E Jr & Jane M Bell Family Foundation$1002022DONATION
William Harold Smith Charitable Trust2022SCHOLARSHIPS
William Harold Smith Charitable Trust2022SCHOLARSHIPS
The David And Willa Grace Wynne Foundation$115K2021HELP ORGANIZATION FULFILL PURPOSE
Cannon Foundation Inc.$100K2021RESIDENCE HALL RENOVATIONS
Merklin Fam Foundation$50K2021General Fund
The Judith E And Joseph C Cook Jr Foundation Inc.$40K2021GENERAL SUPPORT
Chatlos Foundation Inc.$13K2021FOR THE KEYSTONE SCHOLARSHIP FUND
Stine Foundation Inc.$10K2021General
Edward M Armfield Sr Foundation Inc.$6K2021SCHOLARSHIP
Edward M Armfield Sr Foundation Inc.$6K2021SCHOLARSHIP

Federal Awards Received

Federal grants and cooperative agreements from USAspending.gov.

AgencyProgramAmountYear
Department of Education11 awards totaling $13,285,632$13.3M2025
Department of Defense3 awards totaling $425,946$426K2025

Frequently Asked Questions

What does Montreat College do?

Montreat College is a nonprofit organization focused on education, based in MONTREAT, NC. It is classified under IRC Section 501(c)(03).

Who funds Montreat College?

Montreat College has received foundation grants from Rusty Pulliam Foundation Inc., The Abundant Life Foundation, Palmetto Farms Foundation, and others. It has also received federal awards from Department of Education, Department of Defense.

What is Montreat College's annual revenue?

Montreat College reports total assets of $76.5M. Annual income is $51M.

Where is Montreat College located?

Montreat College is located in MONTREAT, NC.

Is Montreat College a 501(c)(3)?

Yes, Montreat College is a 501(c)(3) tax-exempt organization. Its EIN is 56-0543261. Donations to this organization may be tax-deductible.

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