NonprofitsBrite Divinity School

Education

Brite Divinity School

FORT WORTH, TX

Total revenue

$9.1M

Total expenses

$11.7M

Net assets

$131.4M

Grants received

$3.3M

62 grants

EIN

237121060

Tax year

2023

Mission

Brite divinity school educates and inspires people to serve god's diverse (contiued on paer iii)

Programs

3 programs

Brite's leibrock village apartments provide conveniently located affordable housing for students and their families. The village consists of 56 units in three separate buildings arranged to promote community to the fullest. Two full-time staff are employed for the benefit of the facility.

Expenses: $2.9M

In addition to and in support of granting degrees, brite provides field education training through its supervised ministry program. Students are placed in a variety of churches and agencies throughout the area to enhance the integration of classroom learning and ministerial practice. The experience of students is further enriched by relevant speakers at weekly chapel services and other specialized events. Continuing education opportunities are provided for area ministers and lay leaders, including ministery week and stalcup school for the laity.

Expenses: $1.5M

Research and related programs enhance the life of brite and its constituents. The research and related program services are projects organized specifically to enhance the mission of the divinity school. Work is internally and externally funded, often by multi-year grants. Faculty receive regular research leaves and travel support that assists in the presentation and publication of papers and books.

Expenses: $205K

Financials

FY 2023

Revenue

Contributions & grants$4.0M
Program service revenue$2.6M
Investment income$2.3M
Other revenue$187K
Total revenue$9.1M

Expenses

Grants paid$1.8M
Salaries & benefits$4.4M
Fundraising$680K
Other expenses$5.5M
Total expenses$11.7M
Total assets$135.2M
Net assets$131.4M

People

32 listed

NameRoleCompensation

REV MICHAEL COOPER-WHITE

INTERIM PRESIDENT (THRU 12/2023)

Board

$209K

40 hrs/wk

MR JEFFREY GUY THRU 12024

VP BUS/FIN, TREAS, ASST SEC

Board

$148K

40 hrs/wk

DR MICHAEL ST A MILLER

EXECUTIVE VP & DEAN

Board

$141K

40 hrs/wk

MR DONALD D WALKER

VP FOR ADVANCEMENT

Board

$141K

40 hrs/wk

MR DANIEL J RED GOLDSTEIN

TRUSTEE

Board

2 hrs/wk

DR BOBBY HAWLEY

TRUSTEE (AS OF 6/2023)

Board

2 hrs/wk

MR WILLIAM HENDRIX

TRUSTEE

Board

2 hrs/wk

MR JEFFREY B KING

TRUSTEE

Board

2 hrs/wk

REV DR JANET A LONG

TRUSTEE (THRU 3/2024)

Board

2 hrs/wk

REV DR ANDY MANGUM

TRUSTEE

Board

2 hrs/wk

MR STEPHEN S MOSHER

TRUSTEE

Board

2 hrs/wk

DR STEFFEN PALKO

TRUSTEE

Board

2 hrs/wk

REV EVANGELINA PEREZ

TRUSTEE (AS OF 6/2023)

Board

2 hrs/wk

REV DR RUSS PETERMAN

TRUSTEE

Board

2 hrs/wk

REV CAESAR H RENTIE

TRUSTEE

Board

2 hrs/wk

MRS BETH RIVERS

TRUSTEE

Board

2 hrs/wk

DR TIMOTHY STEVENS

TRUSTEE

Board

2 hrs/wk

MRS LINDA PILCHER WASSENICH

TRUSTEE

Board

2 hrs/wk

REV MEG WITMER-FAILE

TRUSTEE (AS OF 6/2023)

Board

2 hrs/wk

REV DR STEPHEN M CADY II

PRESIDENT (AS OF 3/2024)

Board

40 hrs/wk

DR STUART D MCDONALD

CHAIR OF THE BOARD

Board

2 hrs/wk

REV VIRZOLA LAW

VICE-CHAIR OF THE BOARD

Board

2 hrs/wk

REV CHARLES F JOHNSON

SECRETARY OF THE BOARD

Board

2 hrs/wk

MRS JANET M ANDERSON

TRUSTEE

Board

2 hrs/wk

DR VICTOR J BOSCHINI JR

TRUSTEE

Board

2 hrs/wk

DR BILL CURTIS

TRUSTEE

Board

2 hrs/wk

MR J DAVID DICKSON

TRUSTEE

Board

2 hrs/wk

DR D NEWELL WILLIAMS

FORMER PRESIDENT

Staff

$246K

0

DR NAMSOON KANG

PROFESSOR

Staff

$117K

40 hrs/wk

DR BARBARA J MCCLURE

ASSOCIATE PROFESSOR

Staff

$109K

40 hrs/wk

DR SHELLY MATTHEWS

PROFESSOR

Staff

$109K

40 hrs/wk

DR CHARLES K BELLINGER

PROFESSOR

Staff

$105K

40 hrs/wk

Independent contractors

COLLEGIATE ENTERPRISE SOLUTIONS LLC

CONSULTING

$275K

GRAYSTORE CONSULTING

INVESTMENTS

$212K

STORBECK SEARCH LLC

CONSULTING

$134K

GRANT THORNTON

CONSULTING, AUDIT, AND TAX SERVICES

$110K

Grants received

Showing 62 of 62

FromAmountPurposeYear
$30K
GENERAL OPERATING FUNDS
2024
$47K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2023
$41K
GENERAL OPERATING FUNDS
2023
$100
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2023
$100
GENERAL SUPPORT
2023
$500K
THRIVING IN MINISTRY INITIATIVE
2022
$196K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2022
$89K
For grant recipient's exempt purposes
2022
$50K
TO HELP WITH ONE YEAR OF PROGRAM SUPPORT OF ITS "CARPENTER INITIATIVE IN GENDER, SEXUALITY AND JUSTICE".
2022
$50K
GENERAL OPERATING FUNDS
2022
$30K
BEASLEY CHALLENGE FUND FOR FACULTY DEVELOPMENT
2022
$25K
UNDESIGNATED
2022
$15K
OPERATING EXPENSES
2022
$3K
OPERATING SUPPORT
2022
$68K
For grant recipient's exempt purposes
2021
$68K
For grant recipient's exempt purposes
2021
$50K
PATHWAYS FOR TOMORROW INITIATIVE
2021
$25K
GENERAL OPERATING FUNDS
2021
$150K
COVID Emergency Grant: Brite Divinity School
2020
$120K
OPERATING EXPENSES
2020
$100K
SUPPORT OF "CARPENTER INITIATIVE IN GENDER, SEXUALITY AND JUSTICE" PROGRAM
2020
$68K
For grant recipient's exempt purposes
2020
$50K
BEASLEY CHALLENGE FUND FOR FACULTY DEVELOPMENT
2020
$20K
GENERAL OPERATING FUNDS
2020
$5K
SEMINARY SCHOLARSHIP
2020
$3K
OPERATING SUPPORT
2020
$74K
For grant recipient's exempt purposes
2019
$5K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2019
$500
OPERATIONAL SUPPORT
2019
$72K
For grant recipient's exempt purposes
2018
$20K
ADMISSIONS SUPPORT
2018
$7K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. NO BENEFITS TO BE RECEIVED FROM THIS GRANT.
2018
$76K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$3.3M from 24 funders · 62 grants · 2017–2024

Lilly Endowment Inc

$550K · 2 grants · 2021–2022

Fidelity Investments Charitable Gift Fund

$515K · 7 grants · 2017–2022

Imogene & Harold Herndon H

$499K · 7 grants · 2017–2023

Imogene & Harold Herndon I

$471K · 6 grants · 2017–2023

Communities Foundation Of Texas Inc

$254K · 4 grants · 2018–2023

Martha Sue Parr Trust Xxxxx6005

$166K · 5 grants · 2020–2024

E Rhodes And Leona B Carpenter

$150K · 2 grants · 2020–2022

The Henry Luce Foundation Inc

$150K · 1 grant · 2020

Details

EIN237121060
NTEE codeB500
Subsection03
Ruling date1935-07
Formed1914
Employees59
Volunteers28
BRITE DIVINITY SCHOOL — Mission, Financials & Grants Received | Grantivo