philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Benedictine Educational Foundation FY2021 filing

Tax-deductible

Richmond, VA501(c)(3)Since 2011EducationEIN 45-3960058

To accept, receive and manage real and personal property, income, and monies for the benefit of and to carry out the purposes of benedictine schools of richmond.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $6K a year · under 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$7.3M
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
23
of 23 voting members
Looks good: 23 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.4M
+23% vs prior year
Spent
$5.7M
To programs
96%
Net assets
$23.5M
By yearFY2020–FY2025
Revenue
$9.4M
FY2021▲ +23%
Revenue by fiscal year
FY2020$7.6M
FY2021$9.4M
FY2022$10.8M
FY2023$19.9M
FY2024$6.3M
FY2025$14.0M
Expenses
$5.7M
FY2021▼ -56%
Expenses by fiscal year
FY2020$13.0M
FY2021$5.7M
FY2022$22.0M
FY2023$11.3M
FY2024$6.0M
FY2025$10.0M
Net assets
$23.5M
FY2021▲ +117%
Net assets by fiscal year
FY2020$10.8M
FY2021$23.5M
FY2022$10.1M
FY2023$18.5M
FY2024$20.9M
FY2025$25.8M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $5.5M Management & general 3% · $174K Fundraising 0% · $26K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

23 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Benedictine Educational Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Manages property and funds to support Benedictine Schools of Richmond.

Provided by the organization

This section is blank until Benedictine Educational Foundation claims this page.

Know this organization? Claim it to add your story

1 program service account for $5.5M of program spending, described in the organization's own filed words · FY2020.
01

To provide financial support to the benedictine schools of richmond's academic programs, facilities development, scholarships, financial support to the benedictine schools of richmond's academic programs and other programs designated by the schools.

$5.5Mprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
T Rowe Price Program for Charitable Giving INCFY2025$25K
Total grants receivedfrom 1 funder$25K
Grants paid · 6 grants · $66.7M · 2019–2024
Benedictine Schools of RichmondFY2024$9,814,652
Benedictine Schools of RichmondFY2023$5,871,028
Benedictine Schools of RichmondFY2022$11,155,081
Benedictine Schools of RichmondFY2021$21,785,144
Benedictine Schools of RichmondFY2020$5,475,385
Benedictine High SchoolFY2019$12,633,608

By the numbers

The FY2021 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$9.4M
Ln 12
Gifts and grantsLn 1h$9.1M
Investment incomeLn 3$303K
Other incomeLn 4–11$546
Money outPt IX
$5.7M
Ln 25
Programscol B$5.5M
Managementcol C$174K
Fundraisingcol D$26K
Owns and owesPt X
$23.5M
net assets · Ln 32
Cash and savingsLn 1–2$2.9M
Total assetsLn 16$30.8M
LiabilitiesLn 26$7.3M
PeoplePt VI, VII
23
listed · VII A
PaidVII A0
Voting boardVI 1a23
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$9.1M
Noncash giftsLn 1g$399K
Investment incomeLn 3$303K
Other incomeLn 4–11$546
Gains on assetsLn 7$85K
Total revenueLn 12$9.4M
Assets in detailPt X, end of year
CashLn 1$2.9M
Cash and savings togetherLn 1–2$2.9M
InvestmentsLn 11–13$14.4M
Other assetsLn 15$30K
Total assetsLn 16$30.8M
LiabilitiesLn 26$7.3M
Net assetsLn 32$23.5M
OperationsPt I, VI
EmployeesI 50
VolunteersI 622
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.7M$2.9M
InvestmentsLn 11–13$5.2M$14.4M
Total assetsLn 16$19.2M$30.8M
LiabilitiesLn 26$8.4M$7.3M
Net assetsLn 32$10.8M$23.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5.5M$5.5M
Other fees for servicesLn 11g$7K$4K$2K
InterestLn 20$128K$128K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$63K$40K$23K
Total functional expensesLn 25$5.7M$5.5M$174K$26K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $14.0M$10.0M$4.0M$25.8M 990 PDF
FY2024 $6.3M$6.0M$266K$20.9M 990 PDF
FY2023 $19.9M$11.3M$8.5M$18.5M 990 PDF
FY2022 $10.8M$22.0M−$11.1M$10.1M 990 PDF
FY2021 Viewing $9.4M$5.7M$3.7M$23.5M 990 PDF
FY2020 $7.6M$13.0M−$5.4M$10.8M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $9,382,036 across 7 lines filed
VIII-1f All other contributions, gifts and grants$9,078,814
VIII-1g Noncash contributions (included above)$398,849
VIII-1h Total contributions, gifts and grants$9,078,814
VIII-3 Investment incomeExcluded from tax $217,624$217,624
VIII-7 Net gain or loss on sales of assetsExcluded from tax $85,052$85,052
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $546$546
VIII-12 Total revenueRelated to mission $546 · Unrelated business $0 · Excluded from tax $302,676$9,382,036
Part IX · Statement of functional expenses $5,675,270 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $5,475,385$5,475,385
IX-11g Other fees for servicesManagement $4,192 · Fundraising $2,434$6,626
IX-20 InterestManagement $127,955$127,955
IX-23 InsuranceManagement $2,244$2,244
IX-24 Other expenses (24a–d)Management $39,795 · Fundraising $23,265$63,060
IX-25 Total functional expensesPrograms $5,475,385 · Management $174,186 · Fundraising $25,699$5,675,270
Part X · Balance sheet $30,752,890 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $1,735,070$2,930,633
X-3 Pledges and grants receivableStart of year $12,045,803$13,432,163
X-9 Prepaid expenses and deferred chargesStart of year $1,978$2,922
X-11 Publicly traded securitiesStart of year $5,222,760$14,356,672
X-15 Other assetsStart of year $188,327$30,500
X-16 Total assetsStart of year $19,193,938$30,752,890
X-17 Accounts payable and accrued expensesStart of year $49,882$28,341
X-25 Other liabilitiesStart of year $0$13,518
X-26 Total liabilitiesStart of year $8,385,503$7,280,925
X-27 Net assets without donor restrictionsStart of year −$1,436,927$1,915,063
X-28 Net assets with donor restrictionsStart of year $12,245,362$21,556,902
X-32 Total net assets or fund balancesStart of year $10,808,435$23,471,965
X-33 Total liabilities and net assetsStart of year $19,193,938$30,752,890
Part XI · Reconciliation of net assets $23,471,965 net assets at year end
XI-1 Total revenue$9,382,036
XI-2 Total expenses$5,675,270
XI-3 Revenue less expenses$3,706,766
XI-4 Net assets at start of year$10,808,435
XI-5 Net unrealized gains (losses) on investments$2,782,926
XI-9 Other changes in net assets$6,173,838
XI-10 Net assets at end of year$23,471,965

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.