Public Charity

University of Mount Olive Inc

University of Mount Olive Inc is a nonprofit organization categorized as Public Charity based in MOUNT OLIVE, NC. Its most recent IRS filing (2024) reports revenue of $50.6M, expenses of $49.0M, total assets of $101.6M. Imperigo tracks 74 reported grant relationships connected to this organization totaling approximately $3.7M.

EIN: 560623936 MOUNT OLIVE, NC Latest filing: 2024
Total Revenue$50.6M
Total Expenses$49.0M
Total Assets$101.6M
Grant Records74
Funding Total$3.7M
Filing Years2020–2024

Mission

UNIVERSITY OF MOUNT OLIVE, INC. IS A CHRISTIAN FAITH-BASED, VALUES CENTERED PRIVATE INSTITUTION ROOTED IN THE LIBERAL ARTS TRADITION. WE SERVE OUR STUDENTS, OUR FOUNDING CHURCH, AND OUR COMMUNITIES.

Sample Grants Received

2024
PROVIDE FUNDING FOR SCHOLARSHIPS FOR RESIDENTS OF DUPLIN COUNTY AND THE TOWN OF MOUNT OLIVE, NC WHO ARE FULL OR PART-TIME STUDENTS OF MOUNT OLIVE COLLEGE
$178,735
2024
For general scholarship support.
$90,000
2024
PER ENDOWMENTS SCHOLARSHIPS
$86,719
2024
TO SUPPORT THE ORGANIZATION'S STATED MISSION
$42,962
$15,000

Showing up to 5 of 74 total records — full history available with membership.

Officers & Directors

TRUSTEE Albert Elrod
EXEC ASST TO PRES/SECRETARY Anne Hamm
TRUSTEE Benjamin Forrest
TRUSTEE Beverly Boyette
TRUSTEE Bobby Jones
TRUSTEE Bob Johnson

Officer compensation and complete director data available with membership.

Top Grant Purposes

PROVIDE FUNDING FOR SCHOLARSHIPS FOR RESIDENTS OF DUPLIN COUNTY AND THE TOWN OF MOUNT OLIVE, NC WHO ARE FULL OR PART-TIME STUDENTS OF MOUNT OLIVE COLLEGE
$845,676 5 grants
SEE PART IV
$699,707 1 grant
For general scholarship support.
$378,500 5 grants
PER ENDOWMENTS
$285,126 4 grants
Scholarships/Grants
$244,451 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $50.6M $49.0M $101.6M
2023 $50.4M $47.1M $86.9M
2022 $62.1M $52.3M $83.7M
2021 $52.1M $47.9M $82.1M
2020 $52.5M $50.7M $70.8M

Between 2020 and 2024, reported annual revenue declined from $52.5M to $50.6M (-4%), with total assets most recently reported at $101.6M.

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

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