Nonprofit · EIN 54-1156248
CHRISTOPHER NEWPORT UNIVERSITY EDUCATIONAL FOUNDATION INC
Also known as CHRISTOPHER NEWPORT UNIVERSITY
Tax-exempt · NEWPORT NEWS, VA 23606
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $12,238,982 | $9,514,570 | $2,724,412 | $95,706,471 | $665,940 | $95,040,531 |
| June 30, 2024 | 990 | $9,713,402 | $7,877,136 | $1,836,266 | $86,604,079 | $520,306 | $86,083,773 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $10,543,746
- of which government grants
- $186,000
- Program service revenue
- $721,991
- Investment income
- $944,952
- Royalties
- $2,400
- Net gain from sales of assets
- $710,963
- Net income from fundraising events
- $14,072
- Other revenue
- $28,293
Expenses
- Grants and similar amounts paid
- $8,400,141
- Compensation of officers, directors and key employees
- $121,505
- Salaries, compensation and benefits (total)
- $121,505
- Professional fundraising fees
- $0
- Travel
- $2,802
- Program services (functional)
- $8,404,038
- Management and general (functional)
- $557,276
- Fundraising (functional)
- $553,256
Balance sheet and other
- Total assets, start of year
- $86,604,079
- Total assets, end of year
- $95,706,471
- Total liabilities, end of year
- $665,940
- Net assets, end of year
- $95,040,531
- Land, buildings and equipment
- $19,600
- Publicly traded securities
- $72,909,310
- Net assets without donor restrictions
- $5,250,671
- Net assets with donor restrictions
- $89,789,860
- Gross unrelated business income
- -$85,087
- Gross receipts
- $14,690,264
- Employees
- 0
- Volunteers
- 25
- Year formed
- 1980
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM G KELLY | BOARD MEMBER Trustee or director | 1 | $0 | $561,141 | $25,057 |
| JENNIFER LATOUR | BOARD MEMBER Trustee or director | 10 | $0 | $285,249 | $34,307 |
| K SPENCER MCDONALD | CFO & TREASURER Officer | 20 | $0 | $163,452 | $14,285 |
| RICHARD LONG | BOARD MEMBER Trustee or director | 10 | $0 | $91,442 | $31,052 |
| MARK BERNECKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ALLEN C BROOKS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KELLI P MEADOWS | SECRETARY Trustee or director, Officer | 5 | $0 | $0 | $0 |
| LTC BORIS ROBINSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FRED HAGERMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| N SCOTT MILLAR | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 | $0 |
| MARY KATHERINE EVAN HOGG | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CAROLYN S ABBITT | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MATTHEW MARTIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT F SHUFORD JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| VERONICA WEYMOUTH | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SYLVIA WEINSTEIN CRAFT | BOARD MEMBER Trustee or director | 1 | $0 |
| RAMONA GAY TARKINGTON-DEAL | VICE PRESIDENT Trustee or director | 5 | $0 |
| LANEY M VAUGHAN | BOARD MEMBER Trustee or director | 1 | $0 |
| LEE LOCKWOOD | BOARD MEMBER Trustee or director | 1 | $0 |
| BLAIR A THOMPSON | BOARD MEMBER Trustee or director | 1 | $0 |
| ALEXIS N SWAN | BOARD MEMBER Trustee or director | 1 | $0 |
| GREGORY P KLICH | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 25 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ADELIA P THOMPSON | BOARD MEMBER Trustee or director | 10 | $0 | $413,598 | $24,905 |
| JENNIFER LATOUR | BOARD MEMBER Trustee or director | 10 | $0 | $251,636 | $32,894 |
| DOUGLAS L HORNSBY | CHIEF EXECUTIVE OFFICER Officer | 20 | $0 | $238,799 | $23,915 |
| WILLIAM G KELLY | BOARD MEMBER Trustee or director | 1 | $0 | $211,882 | $12,566 |
| K SPENCER MCDONALD | CFO & TREASURER Officer | 20 | $0 | $147,900 | $13,720 |
| BRIAN M EAKES | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ALLEN C BROOKS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KELLI P MEADOWS | SECRETARY Trustee or director, Officer | 5 | $0 | $0 | $0 |
| LTC BORIS ROBINSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FRED HAGERMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| NATHANIEL FONTAINE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| S ANDERSON HUGHES | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| N SCOTT MILLAR | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 | $0 |
| MARY KATHERINE EVAN HOGG | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CAROLYN S ABBITT | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MATTHEW MARTIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT F SHUFORD JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| VERONICA WEYMOUTH | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SYLVIA WEINSTEIN CRAFT | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RAMONA GAY TARKINGTON-DEAL | VICE PRESIDENT Trustee or director | 5 | $0 | $0 | $0 |
| LANEY M VAUGHAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LEE LOCKWOOD | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BLAIR A THOMPSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ALEXIS N SWAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| GREGORY P KLICH | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 UNIVERSITY PL, NEWPORT NEWS, VA 23606-2949
- Principal officer (990 for 2024)
- SPENCER MCDONALD, ONE UNIVERSITY PLACE, NEWPORT NEWS, VA 236062998
- Signed the 990
- SPENCER MCDONALD, CONTROLLER
- Phone
- (757) 594-7038
- Website
- HTTP://EXPLORE.CNU.EDU
- Return prepared by
- PBMARES LLP
Mission
TO RECEIVE, ADMINISTER, AND DISTRIBUTE FUNDS AND PROPERTY EXCLUSIVELY IN FURTHERANCE OF THE EDUCATIONAL ACTIVITIES AND OBJECTIVES OF CHRISTOPHER NEWPORT UNIVERSITY.
Program accomplishments
- UNIVERSITY SUPPORT - EDUCATIONAL EXPENSES GIVEN AS DIRECT SUPPORT TO CHRISTOPHER NEWPORT UNIVERSITY.Expenses $5,711,792 · grants $5,707,895 · revenue $818,899
- SCHOLARSHIP AWARDS - AWARDED 239 ANNUAL SCHOLARSHIPS AND 527 ENDOWED SCHOLARSHIPS.Expenses $2,692,246 · grants $2,692,246
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1156248
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1982
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $95,706,471
- Income (IRS master file)
- $14,690,264
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $12,238,982 | $9,514,570 | $95,706,471 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $9,713,402 | $7,877,136 | $86,604,079 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $8,101,326 | $7,265,788 | $78,899,266 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1156248).
Questions about CHRISTOPHER NEWPORT UNIVERSITY EDUCATIONAL FOUNDATION INC
- What is the EIN of CHRISTOPHER NEWPORT UNIVERSITY EDUCATIONAL FOUNDATION INC?
- The employer identification number (EIN) of CHRISTOPHER NEWPORT UNIVERSITY EDUCATIONAL FOUNDATION INC is 54-1156248.
- Is CHRISTOPHER NEWPORT UNIVERSITY EDUCATIONAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to CHRISTOPHER NEWPORT UNIVERSITY EDUCATIONAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHRISTOPHER NEWPORT UNIVERSITY EDUCATIONAL FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CHRISTOPHER NEWPORT UNIVERSITY EDUCATIONAL FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHRISTOPHER NEWPORT UNIVERSITY EDUCATIONAL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CHRISTOPHER NEWPORT UNIVERSITY EDUCATIONAL FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names SPENCER MCDONALD.
- Who are the officers and directors of CHRISTOPHER NEWPORT UNIVERSITY EDUCATIONAL FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 22 people; 0 received compensation from the organization.
- How much revenue does CHRISTOPHER NEWPORT UNIVERSITY EDUCATIONAL FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $12,238,982, expenses of $9,514,570 and total assets of $95,706,471 at year end.
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