Public Charity

UNIVERSITY OF RICHMOND

UNIVERSITY OF RICHMOND is a nonprofit organization categorized as Public Charity based in RICHMOND, VA. Its most recent IRS filing (2025) reports revenue of $535.4M, expenses of $510.1M, total assets of $4.1B. Imperigo tracks 293 reported grant relationships connected to this organization totaling approximately $33.2M.

EIN: 540505965 RICHMOND, VA Universities NTEE: B43 Latest filing: 2025
Total Revenue$535.4M
Total Expenses$510.1M
Total Assets$4.1B
Grant Records293
Funding Total$33.2M
Filing Years2021–2025

Mission

THE MISSION OF THE UNIVERSITY OF RICHMOND IS TO EDUCATE IN AN ACADEMICALLY CHALLENGING, INTELLECTUALLY VIBRANT, AND COLLABORATIVE COMMUNITY DEDICATED TO THE HOLISTIC DEVELOPMENT OF STUDENTS AND THE PRODUCTION OF SCHOLARLY AND CREATIVE WORK. A RICHMOND EDUCATION PREPARES STUDENTS FOR LIVES OF PURPOSE, THOUGHTFUL INQUIRY, AND RESPONSIBLE LEADERSHIP IN A DIVERSE WORLD. THE UNIVERSITY OF RICHMOND'S NEW STRATEGIC PLAN IS INTENDED TO BE BRIEF, CLEAR, AND ATTAINABLE, INSPIRE OUR COMMUNITY, AND GUIDE OUR FUTURE DIRECTION. IT CENTERS AROUND OUR "GUIDING LIGHTS": ACADEMIC EXCELLENCE, BELONGING & COMMUNITY, ACCESS & AFFORDABILITY, WELL-BEING, AND EXPERIENTIAL LEARNING & COMMUNITY ENGAGEMENT. UTILIZING THIS PLAN, WE ARE CURRENTLY ALIGNING AND STREAMLINING EFFORTS ACROSS OUR UNIVERSITY. TO VIEW THE PLAN IN ITS ENTIRETY, PLEASE VISIT: HTTPS://STRATEGICPLAN.RICHMOND.EDU/

Where $100 goes at University of Richmond

How University of Richmond divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$82 Programs the work itself
$15 Management running the organization
$3 Fundraising raising the next dollar

Inside the $82 for programs

$59
Instruction
72% of program spending · Reported in the filing: 4,000 students
$13
Academic support
16% of program spending
$10
Auxiliary enterprises
12% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
GENERAL SUPPORT
$86,427
2025
SPECIAL EDUCATION FUNDING
$65,650
2025
TO PROVIDE SCHOLARSHIPS FOR STUDENTS
$23,551
2025
THIS GRANT SUPPORTS 1ST AND 2ND YEAR LAW STUDENTS WITH FUNDING FOR SUMMER INTERSHIPS TO WORK UNDER THE SUPERVISION OF AN ATTORNEY IN THE PUBLIC SERVICE SECTOR GAINING REAL WORLD LEGAL EXPERIENCE.
$17,000

Showing up to 5 of 293 total records — full history available with membership.

Officers & Directors

TRUSTEE Ajay Nagpal
EVP & PROVOST A Joan Saab
SECRETARY, BOARD OF TRUSTEES Ann Lloyd Breeden
BASKETBALL COACH Christopher Mooney
TRUSTEE Cynthia L Borger
TRUSTEE David A Lyons

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$20,255,068 115 grants
General Support
$11,247,198 131 grants
Human & Social Services
$850,000 2 grants
Fundraising & Sponsorship
$238,678 10 grants
Arts & Culture
$121,652 9 grants

Financial Trends

Year Revenue Expenses Assets
2025 $535.4M $510.1M $4.1B
2024 $498.3M $475.9M $3.8B
2023 $471.3M $459.6M $3.7B
2022 $652.2M $421.0M $3.7B
2021 $713.8M $393.3M $3.9B

Between 2021 and 2025, reported annual revenue declined from $713.8M to $535.4M (-25%), with total assets most recently reported at $4.1B.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for UNIVERSITY OF RICHMOND

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