Public Charity

LEES-MCRAE COLLEGE INC

LEES-MCRAE COLLEGE INC is a Public Charity headquartered in BANNER ELK, NC. Financial data from the 2025 filing: $52.3M revenue, $47.5M expenses, $131.3M total assets. 97 publicly reported grants to this organization, totaling roughly $13.8M, appear in IRS filings.

EIN: 560529953 BANNER ELK, NC Latest filing: 2025
Total Revenue$52.3M
Total Expenses$47.5M
Total Assets$131.3M
Grant Records97
Funding Total$13.8M
Filing Years2021–2025

Mission

THE MISSION OF LEES-MCRAE COLLEGE IS TO HELP STUDENTS BROADEN THEIR HORIZONS, PURSUE CAREERS AND FIND THEIR PLACE IN THE WORLD THROUGH EDUCATION AND SERVICE.

Sample Grants Received

2024
CHARITABLE GIFT
$6,939,750
2024
For grant recipient's exempt purposes
$241,070
2024
For general scholarship support.
$235,000
2024
IMPROVING EDUCATIONAL OPPORTUNITIES
$68,000
2024
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
$50,000

Showing up to 5 of 97 total records — full history available with membership.

Officers & Directors

BOARD CHAIR Barbara Kopczynski
BOARD TRUSTEE Beth Hopkins
VP OF AASSESSMENT & EFFECTIVENESS Blaine Hansen
BOARD TRUSTEE Bob Moss
BOARD TRUSTEE Bonnie Huff
BOARD TRUSTEE Dianne May

Officer compensation and complete director data available with membership.

Top Grant Purposes

CHARITABLE GIFT
$10,489,750 7 grants
For general scholarship support.
$1,085,000 5 grants
For grant recipient's exempt purposes
$757,320 8 grants
PROVIDE SCHOLARSHIP FUNDS
$240,893 8 grants
5 GRANT(S) FOR VARYING PURPOSES
$140,600 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $52.3M $47.5M $131.3M
2024 $36.3M $37.7M $123.2M
2023 $38.5M $37.3M $100.0M
2022 $41.1M $37.4M $87.7M
2021 $37.6M $31.6M $71.9M

Between 2021 and 2025, reported annual revenue grew from $37.6M to $52.3M (+39%), with total assets most recently reported at $131.3M.

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

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