NonprofitsLipscomb University

Lipscomb University

NASHVILLE, TN

Total revenue

$242.5M

Total expenses

$243.7M

Net assets

$213.5M

Grants received

$27.9M

388 grants

EIN

620485733

Tax year

2023

Mission

Lipscomb university delivers a complete education characterized by integration of christian faith and practice with academic excellence. This complete education, which includes liberal arts studies and professional preparation, does not suggest a finished education. Rather, it reflects lipscomb's commitment to the comprehensive development of each student - spiritually, intellectually, socially, and physically - as lipscomb prepares its graduates for a life of learning, leading, and serving. Lipscomb also seeks to make a positive difference in the community.

Programs

5 programs

Student services:engaging student life in a dynamic and diverse community that gives students the opportunity to be real with themselves and each other while providing opportunities for spiritual faith development through service and learning.

Expenses: $34.3M

Auxiliary enterprises:provides students with the engaging on-campus lipscomb experience. Students who live on campus typically experience a strong sense of positive community.

Expenses: $20.0M

Academic support:includes academic counseling & testing services, academic program development, university deans, instructional technology, library services, and other areas designed to enhance a student's learning experience and the overall quality of a student's education.

Expenses: $20.3M

Public services:includes community outreach activities, spiritual formation activities, and sustainability where lipscomb can positively impact communities and the environment.

Expenses: $901K

Research:includes potential discoveries of new outcomes with a goal of advancing progress both institutionally and globally.

Financials

FY 2023

Revenue

Contributions & grants$20.4M
Program service revenue$212.8M
Investment income$7.9M
Other revenue$1.4M
Total revenue$242.5M

Expenses

Grants paid$63.3M
Salaries & benefits$93.0M
Fundraising$3.3M
Other expenses$87.3M
Total expenses$243.7M
Total assets$460.2M
Net assets$213.5M

People

37 listed

NameRoleCompensation

CANDICE MCQUEEN

PRESIDENT

Board

$569K

40 hrs/wk

JEFFREY BAUGHN

SR V.P. OF FIN & TECH

Board

$205K

40 hrs/wk

BART HARPER

TRUSTEE

Board

1 hrs/wk

VAN HENLEY

TRUSTEE

Board

1 hrs/wk

SHANE HOOPER

TRUSTEE

Board

1 hrs/wk

RONNIE HUNTER

TRUSTEE

Board

1 hrs/wk

TOM INGRAM

TRUSTEE

Board

1 hrs/wk

MARTY KITTRELL

TRUSTEE

Board

1 hrs/wk

TERRY KOONCE

TRUSTEE

Board

1 hrs/wk

MARK LANIER

TRUSTEE

Board

1 hrs/wk

JOHN LITTLE

TRUSTEE

Board

1 hrs/wk

BILLY LONG

TRUSTEE

Board

1 hrs/wk

JEFF MCGRUDER

TRUSTEE

Board

1 hrs/wk

SUE NOKES

TRUSTEE

Board

1 hrs/wk

PHILIP M PFEFFER

TRUSTEE

Board

1 hrs/wk

VICKI SENSING SMITH

TRUSTEE

Board

1 hrs/wk

DAVID L SOLOMON

TRUSTEE

Board

1 hrs/wk

NEIKA B STEPHENS

TRUSTEE

Board

1 hrs/wk

RICHARD G COWART

CHAIR

Board

1 hrs/wk

GERALD COGGIN

VICE CHAIR

Board

1 hrs/wk

BENNIE HARRIS

SECRETARY

Board

1 hrs/wk

LISA PIERCEY

TREASURER

Board

1 hrs/wk

MICHAEL F ADAMS

TRUSTEE

Board

1 hrs/wk

BUDDY BELL

TRUSTEE

Board

1 hrs/wk

ERNIE CLEVENGER

TRUSTEE

Board

1 hrs/wk

MORGAN W DAVIS

TRUSTEE

Board

1 hrs/wk

MITCH EDGEWORTH

TRUSTEE

Board

1 hrs/wk

TONY GIARRATANA

TRUSTEE

Board

1 hrs/wk

CHARLES ACUFF

COACH

Staff

$362K

40 hrs/wk

DAVID WILSON

GENERAL COUNSEL

Staff

$352K

40 hrs/wk

BRAD SCHULTZ

HEAD OF SCHOOL

Staff

$318K

40 hrs/wk

JENNIFER SHEWMAKER

PROVOST

Staff

$266K

40 hrs/wk

PHIL HUTCHESON

DIRECTOR OF ATHLETICS

Staff

$262K

40 hrs/wk

THOMAS CAMPBELL

DEAN, COLLEGE OF PHARMACY

Staff

$242K

40 hrs/wk

KEITH HINKLE

SENIOR VICE PRESIDENT

Staff

$240K

40 hrs/wk

MATT PADEN

EXECUTIVE VICE PRESIDENT (FORMER)

Staff

$234K

40 hrs/wk

LLOYD R LOWRY III

PRESIDENT EMERITUS (FORMER)

Staff

$137K

40 hrs/wk

Independent contractors

SODEXO INC AND AFFILIATES

FOOD SERVICE

$6.2M

SMART SOURCE OF GEORGIA

PRINTING SERVICES

$1.3M

FIRST ONSITE

CONSTRUCTION

$1.2M

ANTHOLOGY

SOFTWARE

$821K

ROBERT ROGERS FRESH START

FACILITY CLEANING

$769K

Grants received

Showing 200 of 388

FromAmountPurposeYear
$1.5M
EDUCATIONAL
2024
$500K
LIPSCOMB LEADS CAMPAIGN
2024
$225K
COLLEGES AND UNIVERSITIES
2024
$175K
FUNDING FOR CHRISTIAN EDUCATORS PROGRAM
2024
$140K
FUND NEW ENGINEERING
2024
$75K
OPEARTING FUND
2024
$67K
GENERAL
2024
$55K
GENERAL OPERATING
2024
$50K
SCHOLARSHI
2024
$50K
COMMUNITY INCENTIVE
2024
$40K
SUPPORT OF COLLEGE WITH TRUSTEE SCHOLARSHIP
2024
$40K
To work with the engineering department to fund and build 5 clean water wells in Guatemala and provide access to water to well over 1500 people.
2024
$36K
TO PROVIDE SCHOLARSHIPS FOR STUDENTS
2024
$35K
General grant
2024
$30K
EDUCATION
2024
$30K
FOR ANNUAL BUDGET.
2024
$25K
MISSION SUPPORT
2024
$25K
UNRESTRICTED GENERAL
2024
$24K
EDUCATION
2024
$23K
TOKENS SHOW: PUBLIC THEOLOGY, HUMAN FLOURISHING, THE GOOD LIFE
2024
$21K
SCHOLARSHIP
2024
$15K
GENERAL SUPPORT
2024
$15K
UNRESTRICTED GENERAL SUPPORT
2024
$13K
SEE STATEMENT 6
2024
$10K
GENERAL SUPPORT
2024
$8K
PSALMS 78:72 ALUMNI SCHOLARSHIP
2024
$8K
To support student missions
2024
$6K
SCHOLARSHIP
2024
$5K
CONTRIBUTION
2024
$5K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.
2024
$5K
UNIVERSITY MEN'S BASKETBALL
2024
$5K
MINISTRY SUPPORT
2024
$3K
Support Christian education
2024
$2K
KEVIN A CLAUSON MEMORIAL PHARMACY SCHOLARSHIP
2024
$2K
LEADERSHIP SCHOLARSHIP
2024
$613
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$500
SCHOLARSHIP - GRACE GEESLIN
2024
$1M
LIPSCOMB LEADS CAMPAIGN
2023
$580K
EDUCATION
2023
$408K
For grant recipient's exempt purposes
2023
$353K
ENHANCE CHARACTER EDUCATION THROUGHOUT THE PRINCIPAL PREPARATION PROGRAM; IMPLEMENT APDP; IMPLEMENTATION OF FLOW PRINCIPLES INTO THEOLOGICAL EDUCATION; FWE INTEGRATION
2023
$328K
EDUCATIONAL
2023
$290K
Grants/Scholarships
2023
$285K
SUPPORT FOR PIONEROS PROGRAM
2023
$195K
FUND NEW ENGINEERING
2023
$175K
FUNDING FOR CHRISTIAN EDUCATORS PROGRAM
2023
$159K
SUPPORT FOR PRINCIPAL LEADERSHIP PROGRAM
2023
$144K
CHARITABLE CONTRIBUTION
2023
$124K
GENERAL
2023
$110K
SUPPORT OF COLLEGE WITH TRUSTEE SCHOLARSHIP
2023
$106K
Organizational support grant (salary support for Director of Peugeot Center)
2023
$90K
SCHOLARSHIPS
2023
$89K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$75K
General Operations
2023
$55K
UNRESTRICTED GENERAL SUPPORT
2023
$50K
General support for programs, operations and other charitable purposes
2023
$50K
SCHOLARSHI
2023
$50K
GENERAL OPERATING
2023
$41K
SCHOLARSHIP FOR JOHN CRUZ
2023
$30K
FOR ANNUAL BUDGET.
2023
$25K
UNRESTRICTED GENERAL
2023
$24K
EDUCATION
2023
$24K
UNRESTRICTED GIFT
2023
$22K
GENERAL OPERATING
2023
$20K
The grant was used for the construction of 2 water wells located in Guatemala serving 1,000 people.
2023
$20K
CAPITAL CAMPAIGN
2023
$20K
MATCHING GIFTS
2023
$20K
GRANTS TO COLLEGES
2023
$18K
Research
2023
$15K
GENERAL SUPPORT
2023
$13K
SCHOLARSHIP FOR CRISTIAN RAMIRES
2023
$11K
CONTRIBUTION
2023
$10K
GENERAL SUPPORT FOR OPERATIONS
2023
$10K
TO FURTHER THE EXEMPT ORGANIZATION'S PURPOSE TO PROVIDE ASSISTANCE WITH PROGRAMS FOCUSED ON CHRISTIAN EDUCATION
2023
$10K
SCHOLARSHIPS
2023
$10K
GENERAL SUPPORT
2023
$10K
SUPPORT FOR THE IDEAL PROGRAM DIRECTED BY JENNIFER AND BILLY FRIST
2023
$6K
CHARITABLE DONATION
2023
$6K
GRANT DISTRIBUTION
2023
$6K
TUITION ASSISTANCE ($2,500) FOR RECIPIENT OF JACK DILLER SCHOLARSHIP; ALSO FUNDING FOR PIONERO SCHOLARS SUMMER CAMP FOR HIGH SCHOOL STUDENTS FROM LOW-INCOME AND UNDERREPRESENTED BACKGROUNDS. THE CAMP AIMS TO INSPIRE STUDENTS TO BECOME TEACHERS IN DIVERSE SCHOOL SETTINGS THROUGH EXPLORATION OF LU AND POSSIBLE COLLEGE MAJORS, MEETING AREA PROFESSIONALS, AND VOLUNTEERING DAILY IN ELEMENTARY CLASSROOM.
2023
$6K
GENERAL OPERATING FUND
2023
$5K
SEE STATEMENT 6
2023
$5K
SUPPORT FOR UNIVERSITY
2023
$5K
To support student missions
2023
$4K
SCHOLARSHIPS
2023
$3K
SCHOLARSHIP
2023
$3K
PROMOTION OF CHARITABLE WORKS
2023
$3K
KEVIN A CLAUSON MEMORIAL PHARMACY SCHOLARSHIP
2023
$2K
SCHOLARSHIP FOR JENNA
2023
$1K
TO PROVIDE SCHOLARSHIP FUND FOR STUDENTS WITH FINANCIAL NEED.
2023
$1K
SCHOLARSHIP AWARD
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$500
UNRESTRICTED
2023
$254
CHARITABLE PURPOSE
2023
$100
TO ACCOMPLISH ITS MISSION
2023
$933K
TOKENS SHOW PUBLIC MEDIA PROJECT
2022
$528K
For grant recipient's exempt purposes
2022
$500K
LIPSCOMB LEADS CAMPAIGN
2022
$415K
IMPLEMENT APDP; INFUSE CHARACTER IN PRINCIPAL LEADERSHIP PROGRAM
2022
$282K
Grants/Scholarships
2022
$240K
GENERAL/OPERATING
2022
$211K
TOKENS SHOW: PUBLIC THEOLOGY, HUMAN FLOURISHING, THE GOOD LIFE
2022
$202K
OPERATIONAL SUPPORT
2022
$195K
FUND NEW ENGINEERING
2022
$172K
SCHOLARSHIPS
2022
$127K
GENERAL
2022
$104K
EDUCATION
2022
$100K
LIPSCOMB MENTORING NETWORK
2022
$60K
GENERAL OPERATING
2022
$55K
ORGANIZATIONAL SUPPORT GRANT (SALARY SUPPORT FOR DIRECTOR OF PEUGEOT CENTER)
2022
$50K
support for the Center for Vocational Discovery
2022
$50K
SCHOLARSHI
2022
$50K
TO BENEFIT LIPSCOMB UNIVERSITY, COLLEGE OF BUSINESS, BUSINESS AS MISSION
2022
$36K
SCHOLARSHIP FOR CRISTIAN RAMIRES
2022
$35K
UNRESTRICTED GENERAL SUPPORT
2022
$30K
FOR ANNUAL BUDGET.
2022
$30K
CAPITAL CAMPAIGN
2022
$30K
TO FURTHER THE EXEMPT ORGANIZATION'S PURPOSETO FURTHER THE SCHOOL'S PURPOSE
2022
$26K
Training; Other Sponsored
2022
$26K
UNRESTRICTED GIFT
2022
$25K
General Operations
2022
$25K
UNRESTRICTED GENERAL
2022
$25K
EDUCATION
2022
$23K
CHARITABLE CONTRIBUTION
2022
$22K
MATCHING GIFTS
2022
$15K
TO SUPPORT THE PIONERO SCHOLARS PROGRAM TO INCREASE TEACHER DIVERSITY IN MNPS
2022
$15K
FOR CANDICE MCQUEEN'S INVESTITURE
2022
$15K
GENERAL SUPPORT
2022
$15K
SCHOLARSHIPS
2022
$14K
SCHOLARSHIP FOR JOHN CRUZ
2022
$14K
GENERAL SUPPORT
2022
$12K
GENERAL SUPPORT
2022
$10K
GENERAL SUPPORT FOR OPERATIONS
2022
$10K
FOR LEADERSHIP DEVELOPMENT OR TRAINING.
2022
$10K
Constructing wells in Guatemala serving 1,000 people.
2022
$10K
FOR LEADERSHIP DEVELOPMENT OR TRAINING.
2022
$10K
GENERAL MATCHING SUPPORT
2022
$8K
furniture for Veteran's Center
2022
$6K
TO DEVELOP AND PILOT INTEGRATED CONTENT IN THE AREA OF HIGHQUALITY
2022
$5K
SEE STATEMENT 6
2022
$5K
Scholarship for Layan ALHASAN
2022
$5K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.
2022
$5K
Scholarship for Layan ALHASAN
2022
$2K
SCHOLARSHIPS
2022
$1K
SCHOLARSHIP
2022
$1K
SCHOLARSHIP AWARD
2022
$1K
SCHOLARSHIP AWARD
2022
$550
MIP PAYOUT FOR 02/07/2022
2022
$500
UNRESTRICTED
2022
$400
Support of higher education
2022
$250
CHARITABLE PURPOSE
2022
$250
CHARITABLE PURPOSE
2022
$250
GENERAL MATCHING SUPPORT
2022
$250
MIP PAYOUT FOR 11/09/22
2022
$50
GENERAL OPERATING PURPOSES
2022
$270K
Scholarships/Grants
2021
$229K
EDUCATION
2021
$185K
For grant recipient's exempt purposes
2021
$185K
For grant recipient's exempt purposes
2021
$50K
PATHWAYS FOR TOMORROW INITIATIVE
2021

Funded by

$27.9M from 159 funders · 388 grants · 2017–2024

The Shumard Foundation Inc

$4.1M · 12 grants · 2019–2024

Fidelity Investments Charitable Gift Fund

$2.0M · 8 grants · 2017–2023

American Endowment Foundation

$1.9M · 4 grants · 2020–2024

Servant Foundation

$1.9M · 6 grants · 2018–2023

The Lanier Theological Library Foundation

$1.9M · 4 grants · 2020–2023

National Collegiate Athletic Association

$1.4M · 6 grants · 2017–2023

The Robert D And Patricia E Kern

$1.3M · 3 grants · 2020–2023

Donor Advised Charitable Giving Inc

$1.1M · 7 grants · 2017–2023

Details

EIN620485733
Subsection03
Ruling date1940-12
Formed1891
Employees2625
Volunteers200
LIPSCOMB UNIVERSITY — Mission, Financials & Grants Received | Grantivo