NonprofitsBridgewater College

Education

Bridgewater College

BRIDGEWATER, VA

Total revenue

$89.6M

Total expenses

$97.6M

Net assets

$149.1M

Grants received

$10.1M

166 grants

EIN

540506306

Tax year

2023

Mission

Bridgewater college is a private, coeducational, residential, liberal arts college of approximately 1,400 students

Programs

3 programs

The residential campus is located in the beautiful shenandoah valley of virginia. On-campus housing features seven dormitories, shared houses known as the cottages, apartment-style living in the wampler towers, and the stone village housing community. Dining options include the main dining hall in the kline campus center and smitty's caf in the forrer learning commons.

Expenses: $9.3M

With more than 60 social, cultural, religious, and academic clubs and organizations, there's always something happening on campus. Nearly a third of the student body participates in one of the 24 intercollegiate sports bridgewater offers at the ncaa division iii level. Students also have the opportunity to benefit from the bridgewater college equestrian center in weyers cave, va., for riding lessons and the equestrian team; fitness opportunities through the funkhouser center for health and wellness; an array of intramural sports and an outdoor program; musical ensembles such as the concert choir, chorale, symphonic band and jazz ensemble; and a renowned endowed lecture, lyceum and convocation series, which brings speakers and artists from across the country to the college.

Expenses: $12.3M

Academic support areas at bridgewater college include the academic advising center, the alexander mack library, the writing center, the information technology center, the office of career services and the academic support center. Revenues of $18,219 are for book commisions with the online book store, whose operations are otherwise divorced from bridgewater college's financial statements.

Expenses: $7.3M

Financials

FY 2023

Revenue

Contributions & grants$9.1M
Program service revenue$74.0M
Investment income$5.7M
Other revenue$941K
Total revenue$89.6M

Expenses

Grants paid$42.5M
Salaries & benefits$25.8M
Fundraising$1.5M
Other expenses$29.3M
Total expenses$97.6M
Total assets$211.7M
Net assets$149.1M

People

36 listed

NameRoleCompensation

DAVID W BUSHMAN

PRESIDENT

Board

$363K

40 hrs/wk

STEPHEN BRIGHT

FORMER VP FOR FINANCE AND TREASUR

Board

$230K

40 hrs/wk

PAUL E MUNDEY

TRUSTEE

Board

0.5 hrs/wk

WILFRED E NOLEN

TRUSTEE

Board

0.5 hrs/wk

JUSTIN PRUETT

TRUSTEE

Board

0.5 hrs/wk

BONNIE F RHODES

TRUSTEE

Board

0.5 hrs/wk

DENISE E SAUNDERS

TRUSTEE

Board

0.5 hrs/wk

MARK A SHERMAN

SECRETARY

Board

0.5 hrs/wk

ASHLEY B SMITH

TRUSTEE

Board

0.5 hrs/wk

D CORY ADAMSON

TRUSTEE

Board

0.5 hrs/wk

DONNA P WALKER

TRUSTEE

Board

0.5 hrs/wk

JAMES H WALSH

TRUSTEE

Board

0.5 hrs/wk

G BENJAMIN WAMPLER

TRUSTEE

Board

0.5 hrs/wk

DEWEY M WILLIARD

TRUSTEE

Board

0.5 hrs/wk

KATHY G WRIGHT

TRUSTEE

Board

0.5 hrs/wk

DAVID A YOUNG

TRUSTEE

Board

0.5 hrs/wk

ROBERT I STOLZMAN

TRUSTEE

Board

0.5 hrs/wk

ANDREW B AGEE

TRUSTEE

Board

0.5 hrs/wk

D BRUCE CHRISTIAN

CHAIRMAN

Board

0.5 hrs/wk

ANDREW GROSSNICKLE

TRUSTEE

Board

0.5 hrs/wk

JENNIFER HEDRICK

TRUSTEE

Board

0.5 hrs/wk

HOPE H HICKMAN

TRUSTEE

Board

0.5 hrs/wk

LAWRENCE M JOHNSON

TRUSTEE

Board

0.5 hrs/wk

MICHAEL K KYLES

TRUSTEE

Board

0.5 hrs/wk

J ALLEN LAYMAN

TRUSTEE

Board

0.5 hrs/wk

CHERYL M MASCARENHAS

VICE CHAIRMAN

Board

0.5 hrs/wk

NATHAN H MILLER

TRUSTEE

Board

0.5 hrs/wk

LEONA SEVICK

PROVOST & EXECUTIVE VICE P

Staff

$235K

40 hrs/wk

MICHAEL POST

VICE PRESIDENT FOR ENROLLM

Staff

$220K

40 hrs/wk

LESLIE FRERE

VP FOR STUDENT LIFE/DEAN O

Staff

$165K

40 hrs/wk

MARGARET RINER ONCKEN

VP FOR INSTITUTIONAL ADVAN

Staff

$156K

40 hrs/wk

KRISTY RHEA

DIRECTOR OF INFORMATION TE

Staff

$144K

40 hrs/wk

AMBER PARKHURST

VP FOR MARKETING AND COMMUNICATIONS

Staff

$133K

40 hrs/wk

CAROL SCHEPPARD

PROFESSOR OF THE COLLEGE

Staff

$130K

40 hrs/wk

CURTIS KENDALL

DIRECTOR OF ATHLETICS

Staff

$127K

40 hrs/wk

PENNY REARDON

DIRECTOR OF FINANCE & BUDGET

Staff

$125K

40 hrs/wk

Independent contractors

WAM HOLDINGS LLC

HVAC

$183K

BOTKIN ROSE

LEGAL SERVICES

$155K

EDC

CONSTRUCTION MANAGEMENT

$140K

SOUTHARD AUDIO LLC

AUDIO VISUAL SERVICES

$121K

MUTECH LLC

SOFTWARE DEVELOPMENT

$120K

Grants received

Showing 166 of 166

FromAmountPurposeYear
$300K
For general scholarship support.
2024
$250K
SUPPORT RENOVATIONS TO BOWMAN HALL
2024
$50K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$25K
WELLNESS CENTER
2024
$13K
SCHOLARSHIP
2024
$8K
ENVIRONMENTAL DEVELO
2024
$5K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$5K
GENERAL OPERATING
2024
$5K
AGRICULTURAL SCHOLARSHIP
2024
$5K
EDUCATION - GENERAL OPERATING FUND
2024
$4K
Student Support Foundation Clubs
2024
$3K
EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS
2024
$2K
SCHOLARSHIPS
2024
$300K
For general scholarship support.
2023
$143K
DISTRIBUTION TO MEMBER INSTITUTION TO PAY FOR PROGRAMS AND SCHOLARSHIPS
2023
$50K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2023
$40K
WELLNESS CENTER
2023
$40K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$35K
Digital Fundraising Match
2023
$27K
For grant recipient's exempt purposes
2023
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$10K
EDUCATIONAL
2023
$10K
CHARITABLE PURPOSE
2023
$10K
Program Support
2023
$8K
EDUCATION
2023
$8K
MISC. SCHOLARSHIP FUNDS
2023
$8K
SCHOLARSHIPS
2023
$5K
GENERAL OPERATING
2023
$5K
EDUCATION - GENERAL OPERATING FUND
2023
$5K
GENERAL OPERATING
2023
$4K
Student Support Foundation Clubs
2023
$1K
EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS
2023
$1K
TO AID NEEDY AND DESERVING
2023
$1K
EMPLOYEE GIVING PROGRAM
2023
$500
OTHER CIVIC / COMMUNITY
2023
$250
OTHER CIVIC / COMMUNITY
2023
$250
PROGRAM/OPERATING SUPPORT
2023
$250
OTHER CIVIC / COMMUNITY
2023
$280K
For general scholarship support.
2022
$143K
DISTRIBUTION TO MEMBER INSTITUTION TO PAY FOR PROGRAMS AND SCHOLARSHIPS
2022
$80K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$55K
SPONSORSHIP
2022
$50K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2022
$40K
EDUCATIONAL GENERAL PURPOSE
2022
$24K
For grant recipient's exempt purposes
2022
$10K
USSYP Scholarship
2022
$10K
Program Support
2022
$10K
EDUCATIONAL
2022
$10K
CHARITABLE PURPOSE
2022
$6K
SCHOLARSHIPS
2022
$5K
Program Support
2022
$5K
EDUCATION - GENERAL OPERATING FUND
2022
$4K
GENERAL OPERATING
2022
$4K
MATCHING GIFT FOR BOARD MEMBERS & EMPLOYEES
2022
$4K
Student Support Foundation Clubs
2022
$3K
SCHOLARSHIP GRANT
2022
$3K
EDUCATION SCHOLARSHIP
2022
$2K
SCHOLARSHIPS
2022
$2K
TO AID NEEDY AND DESERVING
2022
$2K
SCHOLARSHIPS
2022
$1K
EMPLOYEE GIVING PROGRAM
2022
$100
MATCHING GIFT TO COLLEGE
2022
$259K
For general scholarship support.
2021
$138K
DISTRIBUTION TO MEMBER INSTITUTION TO PAY FOR PROGRAMS AND SCHOLARSHIPS
2021
$51K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2021
$50K
Beverly Perdue Art Gallery
2021
$11K
BROOK TROUT CONSERVA
2021
$11K
For grant recipient's exempt purposes
2021
$11K
For grant recipient's exempt purposes
2021
$10K
EDUCATIONAL
2021
$8K
CHARITABLE PURPOSE
2021
$5K
EDUCATION - GENERAL OPERATING FUND
2021
$5K
Program Support
2021
$5K
PROVIDES HIGHER EDUCATION
2021
$2K
SCHOLARSHIP GRANT
2021
$1K
TO AID NEEDY AND DESERVING
2021
$1K
EMPLOYEE GIVING PROGRAM
2021
$798
GENERAL OPERATING
2021
$750K
renovation and construction of Bridgewater College's learning commons
2020
$259K
For general scholarship support.
2020
$123K
DISTRIBUTION TO MEMBER INSTITUTION TO PAY FOR PROGRAMS AND SCHOLARSHIPS
2020
$50K
Beverly Perdue Art Gallery
2020
$30K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$25K
EDUCATIONAL GENERAL PURPOSE
2020
$14K
OPERATIONS
2020
$9K
SCHOLARSHIP GRANT
2020
$7K
For grant recipient's exempt purposes
2020
$7K
SUPPORT OF INDIVIDUAL STUDENTS
2020
$6K
UNASSESSED WATERS OF
2020
$5K
EDUCATION - GENERAL OPERATING FUND
2020
$5K
CHARITABLE PURPOSE
2020
$4K
Student Support Foundation Clubs
2020
$4K
SUPPORT RECIPIENT ORGANIZATION'S EXEMPT PURPOSE
2020
$4K
EDUCATIONAL
2020
$3K
PROGRAM SUPPORT
2020
$3K
PROGRAM SUPPORT
2020
$3K
PROGRAM SUPPORT
2020
$3K
PROGRAM SUPPORT
2020
$2K
SCHOLARSHIPS
2020
$2K
MATCHING GIFTS
2020
$2K
support the COVID-19 rapid response efforts of the organization
2020
$1K
TO AID NEEDY AND DESERVING
2020
$1K
EMPLOYEE GIVING PROGRAM
2020
$500
MIP PAYOUT FOR 02/10/20
2020
$50
General & Unrestricted
2020
$250K
TO SUPPORT CONSTRUCTION COSTS OF THE RENOVATION AND EXPANSION OF THE JOHN KENNY FORRER LEARNING COMMONS.
2019
$139K
DISTRIBUTION TO MEMBER INSTITUTION TO PAY FOR PROGRAMS AND SCHOLARSHIPS
2019
$20K
FUNKHOUSER CENTER, BRIDGEWATER FUND, AND GENERAL SUPPORT
2019
$17K
SCHOLARSHIPS
2019
$6K
UNASSESSED WATERS IN
2019
$2K
Program Support
2019
$250K
EXPANSION OF JOHN KENNEY FORRER LEARNING CENTER
2018
$124K
DISTRIBUTION TO MEMBER INSTITUTION TO PAY FOR PROGRAMS AND SCHOLARSHIPS
2018
$50K
EDUCATION - GENERAL OPERATING FUND
2018
$23K
FUNKHOUSER CENTER, BRIDGEWATER FUND, AND GENERAL SUPPORT
2018
$8K
CHARITABLE
2018
$5K
CHARITABLE PURPOSE
2018
$5K
SCHOLARSHIP FOR COBY J REED
2018
$4K
EDUCATIONAL
2018
$3K
EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS
2018
$2K
UNRESTRICTED GENERAL
2018
$26K
SCHOLARSHIPS/GRANTS
2017
$11K
FUNKHOUSER CENTER, BRIDGEWATER FUND, AND GENERAL SUPPORT
2017

Funded by

$10.1M from 62 funders · 166 grants · 2017–2024

The Community Foundation Of Harrisonburg

$3.9M · 11 grants · 2017–2023

Lettie Pate Whitehead Foundation Inc

$1.4M · 5 grants · 2020–2024

American Endowment Foundation

$1M · 1 grant · 2023

Va Foundation For Independent Colleges

$810K · 6 grants · 2018–2023

The Morgridge Family Foundation

$768K · 7 grants · 2020–2024

The Mary Morton Parsons Foundation

$500K · 2 grants · 2018–2024

Robert G Cabell Iii And Maude Morgan

$250K · 1 grant · 2019

Texas Instruments Foundation

$201K · 4 grants · 2021–2024

Details

EIN540506306
NTEE codeB420
Subsection03
Ruling date1939-04
Formed1880
Employees892
Volunteers41
BRIDGEWATER COLLEGE — Mission, Financials & Grants Received | Grantivo