Overview
What is Randolph-Macon College?
Randolph-Macon College is a nonprofit institution of higher learning, located in Ashland, Virginia. With approximately 1,477 students, it offers a four-year liberal arts curriculum. The mission of Randolph-Macon College is to foster the intellectual and character development of each student. The college boasts a workforce of 1,165 employees, who contribute to this endeavor. The college's liberal arts education provides a well-rounded foundation for students, enhancing their intellectual capabilities and shaping their character.
Official website here: www.rmc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Randolph-Macon College has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The college's overall score is derived entirely from a high Accountability & Finance score of 96%, highlighting its transparency and responsible management of resources.
The college boasts a majority independent board, ensuring that decision-making is unbiased and in the best interest of its mission. With a 97% independent board membership and a robust structure for financial oversight, it demonstrates a commitment to ethical governance. The absence of any material diversion of assets and high scores in areas like financial statement audits further solidify its reputation.
While the data indicates strong financial management and governance, specific details on programmatic outcomes or community impact are not included in the financial rating, which could provide a more comprehensive view of the college's effectiveness in fulfilling its educational mission. Nonetheless, the existing financial accountability measures position Randolph-Macon College as a reliable institution within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Randolph-Macon College legitimate?
Randolph-Macon College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Randolph-Macon College submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,262,073
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,657,104
For more financial information, click here
Official website here: www.rmc.edu
What is the mission statement of Randolph-Macon College?
Randolph-Macon College is dedicated to providing a liberal arts education that fosters the intellectual and moral growth of each student. This liberal arts curriculum aims to develop the full potential of students, enabling them to think critically and make informed decisions. With approximately 1,477 students, Randolph-Macon College prioritizes the overall development of its students, shaping them into well-rounded individuals. By offering a comprehensive education, the college empowers students to contribute positively to their communities and the world at large.
Official website here: www.rmc.edu
Who is the CEO of Randolph-Macon College?
Robert R Lindgren is the Trustee of Randolph-Macon College.
Official website here: www.rmc.edu
What is the revenue of Randolph-Macon College?
Randolph-Macon College's revenue in 2022 was $106,388,149.
Official website here: www.rmc.edu
Who are the executives of Randolph-Macon College and what are their salaries?
The average compensation at Randolph-Macon College during 2022 was $22,248. There are 1165 employees and 200 volunteers at Randolph-Macon College.
Here are 51 key members and their salaries:
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- Other: $22,057
Official website here: www.rmc.edu
Where can I find the form 990 for Randolph-Macon College?
Randolph-Macon College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rmc.edu
Learn more at the official website: www.rmc.edu
Mission Statement of Randolph-Macon College
Randolph-Macon College, an esteemed institution of higher education, is dedicated to fostering the intellectual and moral growth of each student through a liberal arts curriculum. With a student body of approximately 1,477 individuals, this esteemed institution sets the stage for an enriching and transformative academic journey.
At the heart of Randolph-Macon College's mission lies the belief that a liberal arts education is the key to developing a well-rounded and thoughtful individual. By offering a comprehensive four-year program, the college equips students with the tools necessary to expand their minds and shape their character, preparing them for a successful and meaningful future.
Throughout their academic journey, students at Randolph-Macon College are encouraged to explore a wide range of subjects, fostering a deep understanding of various disciplines. This approach not only broadens their knowledge but also encourages critical thinking and effective communication skills, essential qualities for success in today's world. In summary, Randolph-Macon College's mission is to cultivate intellectually curious and well-rounded individuals, empowering them to make a positive impact on their communities and beyond.
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Impact
October, 2024
Randolph-Macon College profoundly impacts the lives of its students and the broader community through its commitment to a liberal arts education. By providing a comprehensive four-year curriculum, the college shapes the minds and characters of approximately 1,477 students each year in Ashland, Virginia. The focus on liberal arts cultivates critical thinking, communication skills, and ethical awareness, preparing graduates to navigate an increasingly complex world. This educational approach not only enhances individual student growth but also fosters responsible citizenship and social engagement, contributing to the vitality of the local and global community. Through its dedicated faculty and diverse programs, Randolph-Macon College reinforces the value of a holistic education that encourages lifelong learning and personal development.
This information is meant to be a general summary of Randolph-Macon College. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10,877,093
- Program Service Revenue: $78,275,134
- Gross Receipts: $107,093,593
Assets and Liabilities:
- Total Assets: $398,057,628
- Total Liabilities: $78,411,114
- Net Assets: $319,646,514
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$64,568,560
AUXILIARY SERVICES
Revenue
$13,706,574
Organization Details
Founding Year
1830
Phone
(804) 798-8372Principal Officer
Robert R Lindgren
Main Address
POST OFFICE BOX 5005, ASHLAND, VA, 230055505
Website
www.rmc.eduNTEE Category
Code: B420 - Education
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