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Virginia · Nonprofit

VIRGINIA WESLEYAN UNIVERSITY

VIRGINIA WESLEYAN UNIVERSITY (Virginia) receives grants from 61 organizations whose IRS filings report $5,625,476 to it, the largest being TOWNEBANK FOUNDATION ($940,000). 36 of them have funded it in more than one year.

Revenue FY2025
$113M
Funders on record
61
Grants received
$5.6M
Net assets
$263M
36/61 repeat funderspeak grant-dependency 2%
01What it does

What Virginia Wesleyan University does

Mission

Virginia Wesleyan University is a fully accredited liberal arts, united-methodist related institution founded in 1961.

As stated on its FY2025 Form 990.

Programs

  1. Educational and general expenses to include instructional services, public services, plant operations and student aid. For approximately 1,241 traditional students and 3,586 continuing education learners enrolled and 156 in graduate programs during fiscal year 2024/25 with 1 student graduating with an associate degree, 262 students graduating with baccalaureate degrees and 32 students graduating with graduate degrees.

    $47,376,871 spentof which $26,634,287 as grants$46,713,129 earned by the program
    85% of program spending
  2. Auxilary enterprises to include residence halls, dining hall and conference facilities.

    $8,313,406 spent$10,671,324 earned by the program
    15% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $55,690,277.

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.

100 = 20172017 Revenue 100 ($69M) Expenses 100 ($62M) Net assets 100 ($115M)2018 Revenue 93 ($64M) Expenses 109 ($67M) Net assets 102 ($117M)2019 Revenue 95 ($66M) Expenses 108 ($67M) Net assets 103 ($119M)2020 Revenue 97 ($67M) Expenses 108 ($67M) Net assets 103 ($118M)2021 Revenue 182 ($126M) Expenses 103 ($64M) Net assets 168 ($193M)2022 Revenue 109 ($75M) Expenses 107 ($66M) Net assets 153 ($177M)2023 Revenue 108 ($74M) Expenses 110 ($68M) Net assets 166 ($191M)2024 Revenue 125 ($86M) Expenses 117 ($72M) Net assets 187 ($215M)2025 Revenue 163 ($113M) Expenses 117 ($72M) Net assets 228 ($263M)
'17'18'19'20'21'22'23'24'25
Revenue (163)Expenses (117)Net assets (228)

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 $160M to $236M (+48%).

$153M
$160M
$161M
$160M
$236M
$215M
$227M
$250M
$301M
'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 0% · 2018 0% · 2019 1% · 2020 0% · 2021 0% · 2022 0% · 2023 7% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$7.2M
’17
−$2.8M
’18
−$1.3M
’19
$395k
’20
$62M
’21
$9.0M
’22
$6.7M
’23
$13M
’24
$40M
’25
0.3
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.

Board chair

Jonathan E Pruden

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed554343464244424849
Joined·+9+8+7+7+6+0+8+5
No longer listed·2184114224
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 9 funders to 23 funders, grant income rose $429k → $1.4M.

12 of 61 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% 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: $3.7M from 6 payers (the payer shares this organization's board, largest Lettie Pate Whitehead Foundation Inc). These are real filings, and they are not money VIRGINIA WESLEYAN UNIVERSITY raised.

From the IRS filings of VIRGINIA WESLEYAN UNIVERSITY’s funders (the co-funder graph). Top 30 of 61 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

VIRGINIA WESLEYAN UNIVERSITY has a broad base — no single funder exceeds 17% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

17%
largest funder
42%
top three
~12
effective funders

Largest funder’s share by year: 2017 89% · 2018 38% · 2019 43% · 2020 38% · 2021 42% · 2022 21% · 2023 36% — 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

38% of VIRGINIA WESLEYAN UNIVERSITY's funders are still giving 3 years after their first grant; 59% 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

87% of VIRGINIA WESLEYAN UNIVERSITY's grant income comes from Virginia funders.

IL
NY
OH
NJ
CT
CA
MO
VA
MD
NC
OK
AL
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. $505k arriving through sponsors registered in 10 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

Government funding VIRGINIA WESLEYAN UNIVERSITY receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $14.7M on record — $14.7M federal, $2k state.

Federal$14.7M
grants $14.7Mcontracts $0
18
20
21
22
23
24
25
26
Top agencies
  • Department of Education$9.9M
  • National Science Foundation$3.2M
  • Small Business Administration$800k
  • Department of Labor$625k
  • Department of Commerce$158k
  • Environmental Protection Agency$15k
State$2k
Top programs
  • SCHOLARSHIPS$2k

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 VIRGINIA WESLEYAN UNIVERSITY

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

77% of spending goes to programs.

Program 77%Management 22%Fundraising 1%

Governance

37
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 1 state

VA

Part of a family of 1 related entity

  • Charitable Remainder Trusts (2) · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for VIRGINIA WESLEYAN UNIVERSITY: 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.

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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 VIRGINIA WESLEYAN UNIVERSITY?
VIRGINIA WESLEYAN UNIVERSITY (Virginia) receives grants from 61 organizations whose IRS filings report $5,625,476 to it, the largest being TOWNEBANK FOUNDATION ($940,000). 36 of them have funded it in more than one year.
How many funders does VIRGINIA WESLEYAN UNIVERSITY have?
IRS filings report 61 organizations giving $5,625,476 in grants to VIRGINIA WESLEYAN UNIVERSITY, 36 of which have funded it in more than one year.
Who is the largest funder of VIRGINIA WESLEYAN UNIVERSITY?
TOWNEBANK FOUNDATION is the largest funder on record, with $940,000 in grants. The full list of funders is on this page.
How can an organization like VIRGINIA WESLEYAN UNIVERSITY 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.

Play a game about who funds Virginia Wesleyan 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 61 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