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Kentucky · Nonprofit

BELLARMINE UNIVERSITY INCORPORATED

BELLARMINE UNIVERSITY INCORPORATED (Kentucky) receives grants from 124 organizations whose IRS filings report $18,022,009 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($3,354,747). 76 of them have funded it in more than one year.

Revenue FY2025
$145M
Funders on record
124
Grants received
$18M
Net assets
$126M
76/124 repeat funderspeak grant-dependency 2%
01What it does

What Bellarmine University Incorporated does

Mission

Bellarmine university educates students through undergraduate and graduate programs in the liberal arts and professional studies. The university is an independent catholic university serving the region, nation, and world through post-secondary education.

As stated on its FY2025 Form 990.

Programs

  1. Instruction: 2,241 students in undergraduate classes; 646 students in graduate classes; 774 students graduated in 2024-2025 academic school year.

    $97,429,318 spentof which $65,262,127 as grants$111,137,914 earned by the program
    74% of program spending
  2. Auxiliary housing: auxiliary student housing is the major auxiliary enterprise. Living quarters were provided to 1,005 students in the residence halls. The on-campus food service program and campus store are included in total auxiliary enterprise.

    $7,131,533 spentof which $529,722 as grants$7,223,860 earned by the program
    5% of program spending
  3. Student services: the following departments encompass the major areas of the university student services division: student affairs, admissions and enrollment services, office of financial aid, registrar's office, health and counseling services, recreation, and intramural offices.

    $21,338,363 spent$5,832,465 earned by the program
    16% of program spending
  4. Other program services include: athletic support, library and computer technology services, and support for the academic divisions.

    $4,879,524 spent$3,102,305 earned by the program
    4% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $130,778,738.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($131M) Expenses 100 ($134M) Net assets 100 ($130M)2018 Revenue 108 ($141M) Expenses 105 ($140M) Net assets 102 ($132M)2019 Revenue 107 ($140M) Expenses 103 ($137M) Net assets 102 ($132M)2020 Revenue 110 ($143M) Expenses 104 ($139M) Net assets 105 ($136M)2021 Revenue 109 ($142M) Expenses 107 ($143M) Net assets 114 ($149M)2022 Revenue 110 ($144M) Expenses 109 ($146M) Net assets 107 ($139M)2023 Revenue 104 ($136M) Expenses 110 ($147M) Net assets 96 ($124M)2024 Revenue 113 ($148M) Expenses 110 ($147M) Net assets 99 ($129M)2025 Revenue 111 ($145M) Expenses 111 ($149M) Net assets 97 ($126M)
'17'18'19'20'21'22'23'24'25
Revenue (111)Expenses (111)Net assets (97)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $234M to $217M (−7%).

$218M
$222M
$221M
$224M
$234M
$217M
$202M
$201M
$196M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 0% · 2019 0% · 2020 2% · 2021 6% · 2022 2% · 2023 1% · 2024 1% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

8% of BELLARMINE UNIVERSITY INCORPORATED’s revenue is contributions — about as donation-reliant as the typical peer (14% for the typical peer).

This organization
Typical peer · 732 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$3.0M
’17
$1.4M
’18
$2.5M
’19
$4.5M
’20
−$1.4M
’21
−$2.2M
’22
−$11M
’23
$712k
’24
−$4.1M
’25
0.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed474541403939433939
Joined·+6+11+4+6+7+16+8+7
No longer listed·81557712127
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 28 funders to 59 funders, grant income rose $572k → $1.8M.

20 of 124 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 43% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $5.6M from 14 payers (the payer shares this organization's board, largest The Community Foundation of Louisville Inc). These are real filings, and they are not money BELLARMINE UNIVERSITY INCORPORATED raised.

From the IRS filings of BELLARMINE UNIVERSITY INCORPORATED’s funders (the co-funder graph). Top 30 of 124 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BELLARMINE UNIVERSITY INCORPORATED has a broad base — no single funder exceeds 19% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

66% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BELLARMINE UNIVERSITY INCORPORATED.

19%
largest funder
38%
top three
~14
effective funders

Largest funder’s share by year: 2017 17% · 2018 60% · 2019 36% · 2020 40% · 2021 58% · 2022 22% · 2023 17% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

45% of BELLARMINE UNIVERSITY INCORPORATED's funders are still giving 3 years after their first grant; 61% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

68% of BELLARMINE UNIVERSITY INCORPORATED's grant income comes from Kentucky funders.

IL
WI
MI
NY
MA
SD
IA
IN
OH
PA
NJ
CT
MO
KY
VA
KS
NC
LA
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Kentucky out of state home

Funder states come from each funder’s own filing. $7.8M arriving through sponsors registered in 13 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BELLARMINE UNIVERSITY INCORPORATED's funding base is broadening — from 28 funders to 59 as grant income climbed.

Operating margin−3% · bottom quartile
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025

Government funding BELLARMINE UNIVERSITY INCORPORATED receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $17.4M on record.

Federal$17.4M
grants $17.4Mcontracts $0
19
20
21
22
23
24
25
26
Top agencies
  • Department of Education$14.0M
  • National Science Foundation$2.6M
  • Department of Health and Human Services$358k
  • Department of Justice$295k
  • National Endowment for the Humanities$100k
  • Department of Agriculture$35k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like BELLARMINE UNIVERSITY INCORPORATED

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kentucky

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 10%Fundraising 2%

Governance

26
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 5 states

AK
NH
WA
MA
KY

Part of a family of 2 related entities

  • Highlands Court Inc · exempt
  • Plamp Charitable Remainder Unitrust · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for BELLARMINE UNIVERSITY INCORPORATED: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BELLARMINE UNIVERSITY INCORPORATED?
BELLARMINE UNIVERSITY INCORPORATED (Kentucky) receives grants from 124 organizations whose IRS filings report $18,022,009 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($3,354,747). 76 of them have funded it in more than one year.
How many funders does BELLARMINE UNIVERSITY INCORPORATED have?
IRS filings report 124 organizations giving $18,022,009 in grants to BELLARMINE UNIVERSITY INCORPORATED, 76 of which have funded it in more than one year.
Who is the largest funder of BELLARMINE UNIVERSITY INCORPORATED?
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC is the largest funder on record, with $3,354,747 in grants. The full list of funders is on this page.
How can an organization like BELLARMINE UNIVERSITY INCORPORATED find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Bellarmine University →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 124 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing