NonprofitsMontreat College

Education

Montreat College

MONTREAT, NC

Total revenue

$50.5M

Total expenses

$40.1M

Net assets

$62.4M

Grants received

$15.3M

183 grants

EIN

560543261

Tax year

2023

Mission

Independent, christ-centered, liberal arts institution

Programs

1 program

To provide scholarships and similar financial aid - in fiscal year 2024, there were institutional awards to 725 students.

Expenses: $11.4MGrants: $11.4M

Financials

FY 2023

Revenue

Contributions & grants$18.3M
Program service revenue$30.0M
Investment income$1.6M
Other revenue$534K
Total revenue$50.5M

Expenses

Grants paid$11.4M
Salaries & benefits$14.3M
Fundraising$1.1M
Other expenses$14.4M
Total expenses$40.1M
Total assets$76.5M
Net assets$62.4M

People

29 listed

NameRoleCompensation

PAUL MAURER

CEO

Board

$313K

50 hrs/wk

JOHN BEAGHAN

CFO

Board

$174K

50 hrs/wk

ANNE GANT

TRUSTEE

Board

1 hrs/wk

EDWARD GRAHAM

TRUSTEE

Board

1 hrs/wk

TYLER JOHNSON

TRUSTEE

Board

1 hrs/wk

NED KISER

TRUSTEE

Board

1 hrs/wk

PHILIP KOSNETT

TRUSTEE

Board

1 hrs/wk

GEORGE LOGAN

TRUSTEE

Board

1 hrs/wk

STEVE MCCAY

TRUSTEE

Board

1 hrs/wk

JEFF HECK

CHAIRMAN

Board

1 hrs/wk

JIM MOORE

TRUSTEE

Board

1 hrs/wk

BILL SHIPLEY

TRUSTEE

Board

1 hrs/wk

ED SKOUDIS

TRUSTEE

Board

1 hrs/wk

SUZANNE SLOAN

TRUSTEE

Board

1 hrs/wk

DAVID SWANSON

TRUSTEE

Board

1 hrs/wk

LYNNE VEERMAN

TRUSTEE

Board

1 hrs/wk

YASSER YOUSSEF

TRUSTEE

Board

1 hrs/wk

RICHARD MILAM

TRUSTEE

Board

1 hrs/wk

ROGER OXENDALE

VICE CHAIR

Board

1 hrs/wk

MARK TOONE

SECRETARY

Board

1 hrs/wk

DAVID BRUCE

TRUSTEE

Board

1 hrs/wk

CHARLIE DAVIDSON

TRUSTEE

Board

1 hrs/wk

CLAIRE EFIRD

TRUSTEE

Board

1 hrs/wk

LE ERWIN

TRUSTEE

Board

1 hrs/wk

JOSE LARIOS

VP FOR ENROLLMENT MANAGEMENT AND ATHLETICS

Staff

$172K

40 hrs/wk

MARK HIJLEH

PROVOST AND VP FOR ACADEMIC AFFAIRS

Staff

$150K

40 hrs/wk

JAMES CLARK

DIRECTOR OF CYBERSECURITY TECHNOLOGY

Staff

$149K

40 hrs/wk

RHONDA DEVAN

ASSISTANT VP FOR FINANCE & ADMINISTRATION

Staff

$131K

40 hrs/wk

GARRETT LUCK

VP FOR ADVANCEMENT

Staff

$128K

40 hrs/wk

Grants received

Showing 183 of 183

FromAmountPurposeYear
$2.0M
COLLEGES AND UNIVERSITIES
2024
$650K
Operational Support
2024
$320K
ORGANIZATIONAL SUPPORT
2024
$255K
For general scholarship support.
2024
$195K
MISSIONARY ASSIST.
2024
$136K
3 grant(s) for varying purposes
2024
$100K
Program Support
2024
$83K
FOR GENERAL SUPPORT.
2024
$50K
HURRICANE HELENE RESTORATION SUPPORT
2024
$50K
SEMINARY/TRAINING AND EQUIPPING
2024
$50K
GENERAL SUPPORT
2024
$40K
THRIVE CENTER AND KEYSTONE SCHOLARSHIP FUND
2024
$25K
MONTREAT COLLEGE CYBERSECURITY PROGRAM
2024
$12K
SCHOLARSHIP FUNDING
2024
$11K
Program Support
2024
$10K
Education support for sports department
2024
$5K
General
2024
$5K
Operations
2024
$5K
ANNUAL SCHOLARSHIP AWARDS
2024
$856K
MISSIONARY ASSIST.
2023
$625K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2023
$372K
LEVERAGING A POWERFUL PARTNERSHIP FOR WNC WORKFORCE DEVELOPMENT.
2023
$308K
4 grant(s) for varying purposes
2023
$255K
For general scholarship support.
2023
$195K
TO MANAGE A COALITION OF NINE INSTITUTIONS OF HIGHER LEARNING TO DEVELOP THE NCAE-C CAREERS PREPARATION NATIONAL CENTER (CPNC)
2023
$154K
For grant recipient's exempt purposes
2023
$150K
Operational Support
2023
$100K
GENERAL CONTRIBUTION
2023
$100K
Program Support
2023
$100K
GENERAL CONTRIBUTION
2023
$85K
GENERAL SUPPORT
2023
$80K
FOR GENERAL SUPPORT.
2023
$50K
HELP ORGANIZATION FULFILL PURPOSE
2023
$50K
General Fund
2023
$50K
Capital Campaign
2023
$50K
DORM RENOVATIONS
2023
$48K
IMPROVING EDUCATIONAL OPPORTUNITIES
2023
$40K
SCHOLARSHIP FUND AND THRIVE CENTER
2023
$39K
PROVIDE SCHOLARSHIP FUNDS
2023
$35K
TRAINING AND EQUIPPING
2023
$25K
CLAIRE EFIRD PLEDGE
2023
$25K
SUPPORT OF MISSION
2023
$15K
ORGANIZATIONAL DEVELOPMENT SUPPORT FOR MONTREAT COLLEGE REGIONAL CENTER FOR TRAINING.
2023
$10K
TO SUPPORT THE KEYSTONE SCHOLARSIP SUPPORT TO 100% OF THE STUDENTS TO LOWER TUITION COSTS
2023
$10K
OPERATIONS
2023
$5K
General
2023
$5K
Operations
2023
$3K
EDUCATIONAL INSTITUTION
2023
$1K
PROVIDE ASSISTANCE FOR HIGHER EDUCATION
2023
$1K
TO SUPPORT THE MISSION OF THE ORGANIZATION
2023
$628K
THIS GRANT WILL SUPPORT MONTREAT COLLEGES CAROLINA CYBER CENTER PROGRAM THAT TARGETS LOW-INCOME, UNEMPLOYED AND UNDEREMPLOYED INDIVIDUALS THROUGHOUT OUR REGION.
2022
$357K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2022
$239K
3 GRANT(S) FOR VARYING PURPOSES
2022
$235K
For general scholarship support.
2022
$150K
GENERAL SUPPORT
2022
$125K
CHRISTIAN EDUCATION
2022
$100K
OPERATIONAL SUPPORT
2022
$100K
PROGRAM SUPPORT
2022
$93K
IMPROVING EDUCATIONAL OPPORTUNITIES
2022
$69K
General Support
2022
$50K
Capital Campaign
2022
$50K
General Fund
2022
$35K
SCHOLARSHIP ASSISTANCE
2022
$32K
PROVIDE SCHOLARSHIP FUNDS
2022
$30K
GENERAL ACCOUNT
2022
$25K
THRIVE CENTER
2022
$25K
EDUCATION
2022
$17K
For grant recipient's exempt purposes
2022
$15K
KEYSTONE SCHOLARSHIP FUND
2022
$10K
OPERATIONS
2022
$8K
ANNUAL SCHOLARSHIP GRANTS
2022
$8K
SCHOLARSHIPS
2022
$5K
General
2022
$5K
OPERATIONS
2022
$1K
TO SUPPORT THE MISSION OF THE ORGANIZATION
2022
$1K
PROVIDE ASSISTANCE FOR HIGHER EDUCATION
2022
$500
PROGRAM/OPERATING SUPPORT
2022
$215K
For general scholarship support.
2021
$113K
For grant recipient's exempt purposes
2021
$113K
For grant recipient's exempt purposes
2021
$100K
CHRISTIAN EDUCATION
2021
$91K
IMPROVING EDUCATIONAL OPPORTUNITIES
2021
$86K
OPERATIONAL SUPPORT
2021
$36K
PROVIDE SCHOLARSHIP FUNDS
2021
$13K
FOR THE KEYSTONE SCHOLARSHIP FUND
2021
$10K
OPERATIONS
2021
$10K
General
2021
$10K
Scholarships
2021
$7K
ANNUAL SCHOLARSHIP GRANTS
2021
$5K
OPERATIONS
2021
$3K
BENEFITS CREATIVE WRITING STUDENTS
2021
$2K
FUND COMMUNITY-BASED CHARITABLE INITIATIVES
2021
$1K
TO SUPPORT THE MISSION OF THE ORGANIZATION
2021
$341K
7 GRANT(S) FOR VARYING PURPOSES
2020
$215K
For general scholarship support.
2020
$150K
GENERAL SUPPORT
2020
$144K
OPERATIONAL SUPPORT
2020
$121K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2020
$100K
CHRISTIAN EDUCATION
2020
$100K
RESIDENCE HALL RENOVATIONS
2020
$40K
GENERAL SUPPORT
2020
$40K
IMPROVING EDUCATIONAL OPPORTUNITIES
2020
$33K
HELP ORGANIZATION FULFILL PURPOSE
2020
$30K
General Fund
2020
$25K
General
2020
$20K
Scholarships
2020
$19K
PROVIDE SCHOLARSHIP FUNDS
2020
$17K
COLLEGE/UNIVERSITY COVID SUPPORT
2020
$16K
GENERAL PURPOSE
2020
$13K
For grant recipient's exempt purposes
2020
$10K
FOR THE KEYSTONE SCHOLARSHIP FUND
2020
$10K
BENEFIT CHILDREN
2020
$5K
SCHOLARSHIP FOR BRANDON PETERSON
2020
$5K
COMMUNITY OUTREACH
2020
$3K
AWARDED SHOLARSHIP GRANTS
2020
$2K
GENERAL FUNDING
2020
$1K
PROVIDE ASSISTANCE FOR HIGHER EDUCATION
2020
$1K
TO SUPPORT THE MISSION OF THE ORGANIZATION
2020
$200
DISCRETIONARY FUND
2020
$100K
CHRISTIAN EDUCATION
2019
$94K
OPERATIONAL SUPPORT
2019
$50K
General
2019
$11K
GENERAL PURPOSE
2019
$10K
UNRESTRICTED GENERAL SUPPORT
2019
$5K
COMMUNITY OUTREACH
2019
$4K
Awarded to Polk County high school graduates for undergraduate university studies
2019
$1K
SUPPORT MISSION OF ORGANIZATION
2019
$100K
COMMUNITY DEVELOP.
2018
$96K
OPERATIONAL SUPPORT
2018
$50K
General
2018
$25K
GENERAL SUPPORT
2018
$20K
General Fund
2018
$19K
GENERAL PURPOSE
2018
$17K
PROVIDE SCHOLARSHIP FUNDS
2018
$5K
COMMUNITY OUTREACH
2018
$5K
KEYSTONE SCHOLARSHIP FUND
2018
$1K
SUPPORT MISSION OF ORGANIZATION
2018
$1K
PROVIDE ASSISTANCE FOR HIGHER EDUCATION
2018
$100K
RESIDENCE HALL RENOVATION
2017
$88K
OPERATIONAL SUPPORT
2017
$26K
PROVIDE SCHOLARSHIP FUNDS
2017
$13K
GENERAL PURPOSE
2017
$13K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$100
PRIVATE CHRISTIAN COLLEGE
2017

Funded by

$15.3M from 65 funders · 183 grants · 2017–2024

Natl Christian Charitable Fdn Inc

$3.2M · 5 grants · 2020–2024

Samaritan's Purse

$1.6M · 7 grants · 2018–2024

Chattanooga Christian Community

$1.4M · 4 grants · 2020–2024

Lettie Pate Whitehead Foundation Inc

$1.2M · 5 grants · 2020–2024

Dogwood Health Trust

$1.0M · 4 grants · 2020–2023

The Winston-Salem Foundation

$1.0M · 4 grants · 2020–2024

Rusty Pulliam Foundation Inc

$900K · 3 grants · 2022–2024

Montreat College Foundation

$508K · 5 grants · 2017–2021

Details

EIN560543261
NTEE codeB42Z
Subsection03
Ruling date1947-04
Formed1947
Employees337
Volunteers59
MONTREAT COLLEGE — Mission, Financials & Grants Received | Grantivo