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Virginia · Nonprofit

UNIVERSITY OF RICHMOND

UNIVERSITY OF RICHMOND (Virginia) receives grants from 313 organizations whose IRS filings report $75,277,964 to it, the largest being THE QUEALLY FOUNDATION INC ($11,316,237). 197 of them have funded it in more than one year.

Revenue FY2025
$535M
Funders on record
313
Grants received
$75M
Net assets
$3.7B
197/313 repeat funderspeak grant-dependency 3%
01What it does

What University of Richmond does

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/

As stated on its FY2025 Form 990.

Programs

  1. Instruction - the University of Richmond endeavors to offer its students the highest quality education possible, making available top-of-the-line resources and facilities. By maintaining an 8:1 faculty to student ratio, each student has the opportunity to enjoy a personal and unique learning experience. The key characteristics of the university's instructional foundation are a challenging learning environment, small classes, a high quality of student life, a coordinate college system, a commitment to service, opportunities for moral and spiritual development, a mixture of enriching academic and co-curricular experiences, a sense of community, and a spirit of innovation. There are approximately 4,000 students.

    $242,762,900 spentof which $110,893,732 as grants$245,689,729 earned by the program
    58% of program spending
  2. Academic support - the respective dean's offices of each of the five schools oversee the maintenance and development of the school to ensure that they maintain the high level of academic integrity that has become the standard of the University of Richmond. The university offers opportunities for continuing education in each professor's specialty as well as in new teaching methods and technology, while faculty committees work toward continuous improvement in all areas of student instruction. Academic computing provides information technology to enhance the academic resources available to professors and students, and to the community through the university library. Lecture funds are set aside to pay for visiting speakers on topics relevant to academic studies offered.

    $52,549,389 spent
    13% of program spending
  3. Auxiliary enterprises - the housing office strives to maintain a comfortable living environment for the 91% of the student body that resides on campus each year. Dining services augments these efforts by ensuring students have access to exemplary service, outstanding quality food, with a passion and commitment to excellence. The bookstore ensures that members of the university community have an affordable, convenient option for University of Richmond textbooks, gear, and supplies. Printing services offers top-quality graphic communications for students, faculty and staff.

    $39,619,310 spent$42,193,101 earned by the program
    9% of program spending
  4. Student services - student development provides on-campus physical and mental health services, academic and career counseling, various fraternity, sorority and extracurricular activities, and organizations that work to uphold the university's core principles. Recreation and wellness provides the campus community with outstanding recreational facilities, fitness and wellness programs, intramurals, and sport clubs. It also supports multiple student government associations, which voice the students' concerns and opinions, as well as serves as a liaison between students and administration, faculty, and staff. Undergraduate and law school admission offices counsel thousands of prospective applicants and make them feel welcome at the university, while providing support for accepted students. The university libraries serve the campus community and the public and are a designated federal document repository. The athletic department is committed to the principles of institutional control in operating its programs in a manner consistent with the letter and the spirit of the ncaa, its athletic conferences, and university rules and regulations. Expenses: $76,557,318, including grants of: $0.…

    $84,243,824 spentof which $55,178 as grants$6,283,305 earned by the program
    20% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $419,175,423.

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 ($487M) Expenses 100 ($360M) Net assets 100 ($2.5B)2018 Revenue 92 ($450M) Expenses 104 ($375M) Net assets 106 ($2.7B)2019 Revenue 98 ($478M) Expenses 107 ($386M) Net assets 107 ($2.7B)2020 Revenue 94 ($458M) Expenses 109 ($391M) Net assets 102 ($2.6B)2021 Revenue 147 ($714M) Expenses 109 ($393M) Net assets 140 ($3.6B)2022 Revenue 134 ($652M) Expenses 117 ($421M) Net assets 132 ($3.4B)2023 Revenue 97 ($471M) Expenses 128 ($460M) Net assets 131 ($3.3B)2024 Revenue 102 ($498M) Expenses 132 ($476M) Net assets 135 ($3.4B)2025 Revenue 110 ($535M) Expenses 142 ($510M) Net assets 144 ($3.7B)
'17'18'19'20'21'22'23'24'25
Revenue (110)Expenses (142)Net assets (144)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 2020 to 2021, from $3.0B to $3.9B (+33%).

$2.9B
$3.1B
$3.1B
$3.0B
$3.9B
$3.7B
$3.7B
$3.8B
$4.1B
'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 1% · 2019 1% · 2020 1% · 2021 1% · 2022 2% · 2023 1% · 2024 1% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

6% of UNIVERSITY OF RICHMOND’s revenue is contributions — more earned-revenue than three-quarters of its peers (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. 0 of the last 9 reported years ran a deficit.

$127M
’17
$75M
’18
$92M
’19
$67M
’20
$321M
’21
$231M
’22
$12M
’23
$22M
’24
$25M
’25
3.4
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
Listed444748424041414043
Joined·+7+5+4+3+5+7+7+9
No longer listed·441054786
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 65 funders to 139 funders, grant income rose $4.7M → $12M.

57 of 313 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 32% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of UNIVERSITY OF RICHMOND’s funders (the co-funder graph). Top 30 of 313 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

UNIVERSITY OF RICHMOND has a broad base — no single funder exceeds 15% of grant income, and it takes 8 funders to reach half.

the vertical line marks half of all grant income — 8 funders to its left

44% 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 UNIVERSITY OF RICHMOND.

15%
largest funder
29%
top three
~20
effective funders

Largest funder’s share by year: 2017 38% · 2018 38% · 2019 14% · 2020 21% · 2021 17% · 2022 14% · 2023 16% — diversifying over time.

“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

48% of UNIVERSITY OF RICHMOND's funders are still giving 3 years after their first grant; 63% 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

UNIVERSITY OF RICHMOND draws 84% of its grant income from funders outside Virginia, across 27 states in all.

VT
NH
MN
IL
WI
NY
MA
IN
OH
PA
NJ
CT
RI
CA
CO
MO
WV
VA
MD
DE
TN
NC
SC
DC
GA
TX
FL

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

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

Funder states come from each funder’s own filing. $24M arriving through sponsors registered in 22 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

UNIVERSITY OF RICHMOND runs a healthier operating margin than half of the 684 education nonprofits its size.

Operating margin5% · above the median
Months of reserve3.4mo · above the median
Revenue growth (annualized)1% · bottom quartile

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

Government funding UNIVERSITY OF RICHMOND receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $27.8M on record — $27.7M federal, $29k state.

Federal$27.7M
grants $27.6Mcontracts $102k
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Education$12.3M
  • National Science Foundation$7.3M
  • Department of Health and Human Services$3.4M
  • Department of Agriculture$2.0M
  • National Endowment for the Humanities$1.0M
  • National Aeronautics and Space Administration$953k
State$29k
07
08
17
22
23
24
25
By state
  • NJ$25k
  • VT$2k
  • OK$2k
  • DE$1k

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 UNIVERSITY OF RICHMOND

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 Virginia

Nationally

05Profile & governance

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

Where the money goes

82% of spending goes to programs.

Program 82%Management 15%Fundraising 3%

Governance

27
board members
96%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 44 states

AK
ME
NH
WA
ID
ND
MN
IL
WI
MI
NY
MA
OR
NV
IN
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
KY
WV
VA
MD
AZ
NM
KS
AR
TN
NC
SC
DC
HI
OK
LA
MS
AL
GA
FL

Part of a family of 15 related entities

  • Richmond Quadrangle LLC · disregarded
  • Spider Management Company LLC · disregarded
  • Richmond Fund Management Company LLC · disregarded
  • Spider Buyout - Gp LLC · disregarded
  • Spider Inventions LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for UNIVERSITY OF RICHMOND: 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 UNIVERSITY OF RICHMOND?
UNIVERSITY OF RICHMOND (Virginia) receives grants from 313 organizations whose IRS filings report $75,277,964 to it, the largest being THE QUEALLY FOUNDATION INC ($11,316,237). 197 of them have funded it in more than one year.
How many funders does UNIVERSITY OF RICHMOND have?
IRS filings report 313 organizations giving $75,277,964 in grants to UNIVERSITY OF RICHMOND, 197 of which have funded it in more than one year.
Who is the largest funder of UNIVERSITY OF RICHMOND?
THE QUEALLY FOUNDATION INC is the largest funder on record, with $11,316,237 in grants. The full list of funders is on this page.
How can an organization like UNIVERSITY OF RICHMOND find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

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 313 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