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Patrick Henry College Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 542031700 ✦ Purcellville, VA ✦ Designated as a 501(c)(3)

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Overview

What is Patrick Henry College Foundation?

The Patrick Henry College Foundation serves as a supporting organization, contributing to a 501(c)(3) charity known as Patrick Henry College. Their primary role is to offer financial aid to the college, ensuring its continued operation and growth. Established with a mission to support the college, the foundation's activities are aligned with the 509(a)(3) classification. This nonprofit organization plays a crucial role in upholding the academic and operational needs of Patrick Henry College.

Is Patrick Henry College Foundation legitimate?

Patrick Henry College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patrick Henry College Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Patrick Henry College Foundation?

The Patrick Henry College Foundation, functioning as a 509(a)(3) Supporting Organization for a 501(c)(3) charity, is dedicated to supporting Patrick Henry College. Its primary mission is to offer financial aid to the college, aiming to contribute to its ongoing operations and growth. The foundation does not have its own independent activities or initiatives, but instead focuses solely on providing support to the named charity.

What is the revenue of Patrick Henry College Foundation?

Patrick Henry College Foundation's revenue in 2024 was $443,478.

Who are the executives of Patrick Henry College Foundation and what are their salaries?

Here are 13 key members and their salaries:


J Victor Thompson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Haye (President)
  • Compensation: $0
  • Related: $260,284
  • Other: $24,054
George Clay Iv (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Glaser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Elliott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Urban (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oscar Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Hungar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Blakemore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelsey Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel O'Day (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
N Daryl Wolking (Treasurer)
  • Compensation: $0
  • Related: $148,611
  • Other: $25,961
Rodney Showalter (Secretary)
  • Compensation: $0
  • Related: $119,730
  • Other: $27,836
Where can I find the form 990 for Patrick Henry College Foundation?

Patrick Henry College Foundation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Patrick Henry College Foundation

The Patrick Henry College Foundation, as a 509(a)(3) Supporting Organization for a 501(c)(3) Charity, is dedicated to supporting Patrick Henry College. Their mission is centered around providing financial aid to this educational institution. In essence, the foundation serves as a crucial backbone, contributing to the college's operations and growth. This support is instrumental in ensuring the college can fulfill its educational mission and continue to provide opportunities for its students.

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Impact




October, 2024

Patrick Henry College Foundation significantly enhances the educational landscape by providing crucial financial support to Patrick Henry College. Through its targeted programs, the foundation ensures that the college can maintain its commitment to delivering a robust liberal arts education rooted in a Christian worldview. By facilitating scholarships and funding for various academic initiatives, the foundation plays a vital role in promoting the college's mission and enriching the student experience. This support not only benefits the students but also strengthens the college's ability to attract and retain top-tier faculty, ensuring a high-quality educational environment. Ultimately, the foundation's impact fosters a community of informed, principled leaders prepared to engage with and contribute to society.




This information is meant to be a general summary of Patrick Henry College Foundation. 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.

Revenue
$443,478 (2024)
Expenses
$35,904 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $59,117
  • Gross Receipts: $443,478

Assets and Liabilities:

  • Total Assets: $2,833,121
  • Total Liabilities: $172,302
  • Net Assets: $2,660,819

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Organization Details

Founding Year

2001

Principal Officer

N Daryl Wolking

NTEE Category

Code: T11 - Philanthropy

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