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 284 reported grant relationships connected to this organization totaling approximately $32.1M.

EIN: 540505965 RICHMOND, VA Universities NTEE: B43 Latest filing: 2025
Total Revenue$535.4M
Total Expenses$510.1M
Total Assets$4.1B
Grant Records284
Funding Total$32.1M
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/

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
$10,030,782 38 grants
For grant recipient's exempt purposes
$6,348,728 9 grants
For general scholarship support.
$2,054,000 5 grants
Scholarships/Grants
$1,605,305 4 grants
Grants/Scholarships
$1,099,783 2 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.

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