NonprofitsRandolph Macon Academy

Education

Randolph Macon Academy

FRONT ROYAL, VA

Total revenue

$15.4M

Total expenses

$18.8M

Net assets

$31.1M

Grants received

$5.9M

69 grants

EIN

540505939

Tax year

2023

Mission

Randolph-Macon Academy is a college-preparatory school using military values to prepare qualified young people for leadership roles in the United States and around the world.

Financials

FY 2023

Revenue

Contributions & grants$1.4M
Program service revenue$13.1M
Investment income$515K
Other revenue$373K
Total revenue$15.4M

Expenses

Grants paid$3.2M
Salaries & benefits$8.4M
Fundraising$556K
Other expenses$7.2M
Total expenses$18.8M
Total assets$37.0M
Net assets$31.1M

People

20 listed

NameRoleCompensation

David Wesley

President

Board

$269K

40 hrs/wk

John Simar

Vice Chair

Board

1 hrs/wk

Patty Kennan

Secretary

Board

1 hrs/wk

Alonzo Neese III

Treasurer

Board

1 hrs/wk

Victor Gomez

Ex-Officio

Board

1 hrs/wk

Bryan Moore

Ex-Officio

Board

1 hrs/wk

Valerie Wilson

Ex-Officio

Board

1 hrs/wk

Eric Anderson

Investment Committee Chair

Board

1 hrs/wk

Tess Hegedus

Strategic Planning Ad-Hoc

Board

1 hrs/wk

Harry Austin

Chair

Board

1 hrs/wk

Bill Bersing

Board Member

Board

1 hrs/wk

Brian Bogart

Board Member

Board

1 hrs/wk

Mark Brown

Board Member

Board

1 hrs/wk

Heather Grossman

Board Member

Board

1 hrs/wk

David Link

Board Member

Board

1 hrs/wk

Ed Morris

Board Member

Board

1 hrs/wk

Katie Tewell

Board Member

Board

1 hrs/wk

Doug Huthwaite

Finance and Audit Committe

Board

1 hrs/wk

Lucy Hooper

Chair-Elect

Board

1 hrs/wk

Sung Chu

Dir. of Enrollment Mgmt.

Staff

$178K

40 hrs/wk

Independent contractors

Chris Holloway Construction

Construction of Housing

$1.6M

Sage Dining Services

Dining Services

$1.6M

Williams & Connolly LLP

Legal expenses

$252K

Hanover Uniforms

Uniforms

$236K

Wells Fargo Vendor Fin Serv

Lease Financing - Computers

$186K

Grants received

Showing 69 of 69

FromAmountPurposeYear
$150K
SUPPORT TUITION AND ROOM AND BOARD FOR UKRAINE REFUGEE
2024
$50K
SUPPORT EDUCATIONAL PROGRAMS
2024
$40K
Scholarship support
2024
$20K
UNRESTRICTED GENERAL SUPPORT
2024
$18K
GENERAL SUPPORT
2024
$10K
GENERAL SUPPORT
2024
$111K
Scholarship Payments
2023
$51K
SUPPORT TUITION AND ROOM AND BOARD FOR UKRAINE REFUGEE
2023
$50K
B20 ELEMENTARY SECONDARY ED
2023
$35K
TO SUPPORT THE ORGANIZATION'S PROGRAMS
2023
$15K
GENERAL SUPPORT
2023
$11K
EDUCATIONAL GRANT
2023
$10K
SCHOLARSHIPS
2023
$5K
GENERAL SUPPORT
2023
$200K
SUPPORT TUITION AND ROOM AND BOARD FOR UKRAINE REFUGEE
2022
$115K
Scholarship Payments
2022
$45K
B20 ELEMENTARY SECONDARY ED
2022
$42K
For grant recipient's exempt purposes
2022
$30K
TO SUPPORT THE ORGANIZATION'S PROGRAMS
2022
$30K
UNRESTRICTED GENERAL SUPPORT
2022
$15K
SCHOLARSHIPS
2022
$15K
GENERAL SUPPORT
2022
$10K
SCHOLARSHIPS
2022
$1K
GENERAL SUPPORT
2022
$10K
For grant recipient's exempt purposes
2021
$10K
For grant recipient's exempt purposes
2021
$8K
John H. Lane Memorial Scholarship
2021
$1K
FOR OPERATIONS
2021
$111K
Scholarship Payments
2020
$32K
EDUCATIONAL GRANT
2020
$12K
John H. Lane Memorial Scholarship
2020
$9K
For grant recipient's exempt purposes
2020
$6K
Competitive Shooting
2020
$5K
FOR OPERATIONS
2020
$500
EMPLOYEE MATCHING GRANT
2020
$50
Operations
2020
$98K
Scholarship Payments
2019
$12K
John H. Lane Memorial Scholarship
2019
$82K
Scholarship Payments
2018
$70K
Scholarship Payments
2017
$11K
John H. Lane Memorial Scholarship
2017

Funded by

$5.9M from 27 funders · 69 grants · 2017–2024

Stanley E Fulton Family Foundation

$4M · 5 grants · 2020–2024

The Falcon Foundation

$587K · 6 grants · 2017–2023

The Evergreen Charitable & Educational

$401K · 3 grants · 2022–2024

National Philanthropic Trust

$169K · 4 grants · 2019–2022

The Community Foundation Of Louisville

$95K · 2 grants · 2022–2023

The David Belk Cannon Foundation

$90K · 3 grants · 2022–2024

Fidelity Investments Charitable Gift Fund

$70K · 4 grants · 2020–2022

Newth & Claudia Morris Foundation

$65K · 2 grants · 2022–2023

Details

EIN540505939
NTEE codeB25Z
Subsection03
Ruling date1974-02
Formed1892
Employees162
Volunteers30
RANDOLPH MACON ACADEMY — Mission, Financials & Grants Received | Grantivo