UNIVERSITY OF LYNCHBURG: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: UNIVERSITY OF LYNCHBURG (EIN 54-0505922)
Tax period: 2023-07-01 to 2024-06-30
Filed: 2025-05-12
IRS object ID: 202521349349303837
Schema version: 2023v6.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-05-12T17:42:14-07:00	ReturnTs
Tax Period End	2024-06-30	TaxPeriodEndDt
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	540505922	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	UNIVERSITY OF LYNCHBURG	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	UNIV	BusinessNameControlTxt
Phone	4345448168	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1501 Lakeside Drive	AddressLine1Txt
City	Lynchburg	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24501	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Price Jett	PersonNm
Person Title	VP for Finance & Operations & CFO	PersonTitleTxt
Phone	4345448168	PhoneNum
Signature	2025-05-13	SignatureDt

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd
Tax	2023	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Price Jett	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1501 Lakeside Drive	AddressLine1Txt
City	Lynchburg	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24501	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$251,880,745	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.lynchburg.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1903	FormationYr
Legal Domicile State	VA	LegalDomicileStateCd
Activity Or Mission	The University of Lynchburg, established in 1903, is a comprehensive private university in the foothills of Virginia's Blue Ridge Mountains. With over 100 undergraduate majors, minors, and certificate programs, 15 master's programs, and three doctoral programs, Lynchburg offers a personalized, life-changing educational experience. It is regularly recognized by U.S. News & World Report and The Princeton Review and stands out as one of 44 "Colleges that Change Lives." The mission of University of Lynchburg is to inspire independent thinkers, who become trustworthy, effective leaders that shape caring communities.	ActivityOrMissionDesc
Voting Members Governing Body	22	VotingMembersGoverningBodyCnt
Voting Members Independent	22	VotingMembersIndependentCnt
Total Employee	1633	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$122,461	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$218,425	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$6,739,685	PYContributionsGrantsAmt
CY Contributions Grants	$6,247,057	CYContributionsGrantsAmt
PY Program Service Revenue	$85,150,256	PYProgramServiceRevenueAmt
CY Program Service Revenue	$92,606,205	CYProgramServiceRevenueAmt
PY Investment Income	$1,669,313	PYInvestmentIncomeAmt
CY Investment Income	$9,541,356	CYInvestmentIncomeAmt
PY Other Revenue	$243,985	PYOtherRevenueAmt
CY Other Revenue	$72,085	CYOtherRevenueAmt
PY Total Revenue	$93,803,239	PYTotalRevenueAmt
CY Total Revenue	$108,466,703	CYTotalRevenueAmt
PY Grants And Similar Paid	$27,252,711	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$31,832,027	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$48,739,868	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$49,151,438	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$143,272	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$180,140	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$1,632,781	CYTotalFundraisingExpenseAmt
PY Other Expenses	$28,541,775	PYOtherExpensesAmt
CY Other Expenses	$31,076,419	CYOtherExpensesAmt
PY Total Expenses	$104,677,626	PYTotalExpensesAmt
CY Total Expenses	$112,240,024	CYTotalExpensesAmt
PY Revenues Less Expenses	-$10,874,387	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$3,773,321	CYRevenuesLessExpensesAmt
Total Assets BOY	$261,164,007	TotalAssetsBOYAmt
Total Assets EOY	$258,846,950	TotalAssetsEOYAmt
Total Liabilities BOY	$67,795,219	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$66,054,658	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$193,368,788	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$192,792,292	NetAssetsOrFundBalancesEOYAmt
Mission	The mission of the University is to inspire independent thinkers who become trustworthy, effective leaders that shape caring communities. The vision of the University of Lynchburg is to cultivate a world that is innovative, authentic, and inclusive. The daily goal of the University of Lynchburg is to create an undeniably life-changing experience for students from their first encounter with the University until the moment they become proud Lynchburg alumni. The values of the University of Lynchburg include Academic Rigor, Belonging, Connection, Curiosity, Excellence and Service.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$56,700,853	ExpenseAmt
Grant	$31,832,027	GrantAmt
Revenue	$102,097,105	RevenueAmt
Desc	Includes student instruction and scholarships. For the Fall 2023, there were 1,792 undergraduates, 800 graduates for a total enrollment of 2,592 students.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$13,638,102	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	Includes auxiliary enterprises (such as dining services, student housing, campus store, and other snack bar areas).	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$18,691,499	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	Includes other institutional services (such as information technology, interest expense, and other allocated expenses) that support student instruction.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$9,180,748	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	Includes student services and academic support, including but not limited to, enrollment services, registrar, health and counseling services, student activities, sports, recreation, the University's library, art gallery, academic advising, career services, and other support services.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$9,180,748	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$0	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$0	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$98,211,202	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	Yes (1)	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	Yes (1)	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (1)	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (1)	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (1)	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	3366	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	1633	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	Yes (1)	NondeductibleContributionsInd
Nondeductible Contri Discl	Yes (1)	NondeductibleContriDisclInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	22	GoverningBodyVotingMembersCnt
Independent Voting Member	22	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	VA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	Jett Price	PersonNm
Phone	4345448168	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1501 Lakeside Drive	AddressLine1Txt
City	Lynchburg	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24501	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
Alison Morrison-Shetlar
President of the University	80	0	Yes (X)	$418,450	$0	$81,315
Jeremy Welsh
Vice President of Strategy & Professor of PA Medicine	50	0		$221,243	$0	$35,322	Yes (X)
Allison Jablonski
Provost and Vice President of Academic Affairs	50	0	Yes (X)	$187,465	$0	$45,248
Michael Bonnette
Vice President for Advancement	50	0		$180,175	$0	$38,485	Yes (X)
David Murphy
Adjunct Professor - College of Business	50	0		$163,404	$0	$49,870	Yes (X)
Christopher L Burnley
VP for Business and Finance and Treasurer	60	0	Yes (X)	$165,704	$0	$47,098
A Russell Smith
Director/Professor Physical Therapy	50	0		$194,117	$0	$16,992	Yes (X)
Eric Baldwin
VP and Dean for Student Development	45.00	0	Yes (X)	$153,645	$0	$43,533
Jenna Rolfs
Dean	50	0		$152,731	$0	$35,349	Yes (X)
Michael Allen
Trustee	2	0		$0	$0	$0		Yes (X)
Charles W Berry
Trustee	2	0		$0	$0	$0		Yes (X)
Hannah Besanceney
Trustee	2	0		$0	$0	$0		Yes (X)
Melanie Biermann
Trustee	2	0		$0	$0	$0		Yes (X)
Christopher L Boyd
Trustee	2	0		$0	$0	$0		Yes (X)
David C Boyle
Trustee	2	0		$0	$0	$0		Yes (X)
Stephen L Crank
Trustee	2	0		$0	$0	$0		Yes (X)
Julie P Doyle
Trustee	2	0		$0	$0	$0		Yes (X)
Darlene D Edwards
Trustee	2	0		$0	$0	$0		Yes (X)
Pauline B Flint
Trustee	2	0		$0	$0	$0		Yes (X)
Joan Foster
Trustee	2	0		$0	$0	$0		Yes (X)
Bryant A Haskins
Trustee/Secretary	5	0	Yes (X)	$0	$0	$0		Yes (X)
Jamar Hawkins
Trustee	2	0		$0	$0	$0		Yes (X)
Robert Lemon Jr
Trustee/Chair	5	0	Yes (X)	$0	$0	$0		Yes (X)
Nathaniel X Marshall
Trustee	2	0		$0	$0	$0		Yes (X)
Margaret A Miller
Trustee	2	0		$0	$0	$0		Yes (X)
David Rosser
Trustee	2	0		$0	$0	$0		Yes (X)
Verna R Sellers
Trustee	2	0		$0	$0	$0		Yes (X)
Gillian Stoettner
Trustee	2	0		$0	$0	$0		Yes (X)
Andrew J Tatom III
Trustee/First Vice Chair	5	0	Yes (X)	$0	$0	$0		Yes (X)
Francesca Vasquez
Trustee	2	0		$0	$0	$0		Yes (X)
Lee C Verrone
Trustee	2	0		$0	$0	$0		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,836,934	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$393,212	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	47	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt	Business Name Line2ContractorName/BusinessName/BusinessNameLine2Txt
Commonfund
15 Old Danbury Road	Wilton	CT	06897	Investment Management	$350,190
Spider Investments
6802 Paragon Place	Richmond	VA	23230	Investment Management	$384,030	The Richmond Fund
Paycom Payroll Holdings LLC
7501 W Memorial Road	Oklahoma City	OK	73142	Payroll Services	$144,157
Charlie's Home Improvements Inc
4652 Waterlick Road	Forest	VA	24551	Campus renovations	$126,487
Nicholas Wheeler
PO Box 122	Gretna	VA	24557	Heating & Cooling Technician	$116,028

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt
Federated Campaigns	$0	FederatedCampaignsAmt
Membership Dues	$0	MembershipDuesAmt
Fundraising	$22,550	FundraisingAmt
Related Organizations	$16,553	RelatedOrganizationsAmt
Government Grants	$1,323,169	GovernmentGrantsAmt
All Other Contributions	$4,884,785	AllOtherContributionsAmt
Noncash Contributions	$1,202,798	NoncashContributionsAmt
Total Contributions	$6,247,057	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	ExclusionExclusionAmt
Tuition and Fees	611310	$75,373,405	$75,373,405	$0	$0
Auxiliary Services	900099	$15,311,702	$15,311,702	$0	$0
Auxiliary - External Catering	900099	$122,461	$0	$122,461	$0
Miscellaneous Income	900099	$1,798,637	$1,798,637	$0	$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$92,606,205	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,085,411	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,085,411	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$13,570	TotalRevenueColumnAmt
Related Or Exempt Func Income	$13,570	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$150,785,160	SecuritiesAmt
Other	$79,677	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$143,408,892	SecuritiesAmt
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$7,376,268	SecuritiesAmt
Other	$79,677	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$7,455,945	TotalRevenueColumnAmt
Related Or Exempt Func Income	$7,455,945	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$5,230	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$22,550	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$5,150	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$80	TotalRevenueColumnAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$80	ExclusionAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$0	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$0	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	Change in Interest Rate Swap Agreements	Desc
Business	900099	BusinessCd
Total Revenue Column	$58,435	TotalRevenueColumnAmt
Related Or Exempt Func Income	$58,435	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$58,435	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$108,466,703	TotalRevenueColumnAmt
Related Or Exempt Func Income	$102,097,105	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$122,461	UnrelatedBusinessRevenueAmt
Exclusion	$80	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$27,214,947	TotalAmt
Program Services	$27,214,947	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$4,617,080	TotalAmt
Program Services	$4,617,080	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,161,411	TotalAmt
Program Services	$434,147	ProgramServicesAmt
Management And General	$584,711	ManagementAndGeneralAmt
Fundraising	$142,553	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$37,475,657	TotalAmt
Program Services	$30,801,920	ProgramServicesAmt
Management And General	$5,873,691	ManagementAndGeneralAmt
Fundraising	$800,046	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$2,405,627	TotalAmt
Program Services	$1,914,396	ProgramServicesAmt
Management And General	$427,892	ManagementAndGeneralAmt
Fundraising	$63,339	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$5,605,424	TotalAmt
Program Services	$4,611,130	ProgramServicesAmt
Management And General	$841,128	ManagementAndGeneralAmt
Fundraising	$153,166	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$2,503,319	TotalAmt
Program Services	$1,973,228	ProgramServicesAmt
Management And General	$465,383	ManagementAndGeneralAmt
Fundraising	$64,708	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$203,478	TotalAmt
Management And General	$203,478	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$52,240	TotalAmt
Management And General	$52,240	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$180,140	TotalAmt
Fundraising	$180,140	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$1,233,765	TotalAmt
Management And General	$1,233,765	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$985,272	TotalAmt
Program Services	$705,519	ProgramServicesAmt
Management And General	$273,778	ManagementAndGeneralAmt
Fundraising	$5,975	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,496,123	TotalAmt
Program Services	$1,064,277	ProgramServicesAmt
Management And General	$376,899	ManagementAndGeneralAmt
Fundraising	$54,947	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$2,915,119	TotalAmt
Program Services	$2,260,224	ProgramServicesAmt
Management And General	$573,261	ManagementAndGeneralAmt
Fundraising	$81,634	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$4,779,147	TotalAmt
Program Services	$4,706,722	ProgramServicesAmt
Management And General	$64,881	ManagementAndGeneralAmt
Fundraising	$7,544	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,931,957	TotalAmt
Program Services	$1,769,251	ProgramServicesAmt
Management And General	$131,444	ManagementAndGeneralAmt
Fundraising	$31,262	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,529,746	TotalAmt
Program Services	$2,290,394	ProgramServicesAmt
Management And General	$239,352	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$6,133,822	TotalAmt
Program Services	$5,817,879	ProgramServicesAmt
Management And General	$315,943	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$77,233	TotalAmt
Program Services	$77,233	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
Food Purchases	$2,245,277	$2,245,277	$0	$0
Campus Store Purchases	$274,430	$274,430	$0	$0
Auxiliaries/Other	$2,887,075	$2,887,075	$0	$0
Financial Aid to Student, Cares Act	$309,187	$309,187	$0	$0

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,022,548	TotalAmt
Program Services	$2,236,886	ProgramServicesAmt
Management And General	$738,195	ManagementAndGeneralAmt
Fundraising	$47,467	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$112,240,024	TotalAmt
Program Services	$98,211,202	ProgramServicesAmt
Management And General	$12,396,041	ManagementAndGeneralAmt
Fundraising	$1,632,781	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$19,250	BOYAmt
EOY	$12,294	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$14,050,536	BOYAmt
EOY	$7,394,617	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,057,042	BOYAmt
EOY	$2,759,597	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,341,025	BOYAmt
EOY	$5,611,110	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$225,862	BOYAmt
EOY	$162,893	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$630,893	BOYAmt
EOY	$705,381	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,884,884	BOYAmt
EOY	$2,183,114	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$183,468,713	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$86,218,969	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$99,102,235	BOYAmt
EOY	$97,249,744	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$105,086,828	BOYAmt
EOY	$104,909,344	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$32,359,344	BOYAmt
EOY	$37,595,829	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$406,108	BOYAmt
EOY	$263,027	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$261,164,007	BOYAmt
EOY	$258,846,950	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$4,783,968	BOYAmt
EOY	$5,935,308	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$6,511,609	BOYAmt
EOY	$5,740,386	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$55,730,062	BOYAmt
EOY	$53,870,072	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$406,908	BOYAmt
EOY	$267,785	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$362,672	BOYAmt
EOY	$241,107	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$67,795,219	BOYAmt
EOY	$66,054,658	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$63,827,234	BOYAmt
EOY	$57,824,020	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$129,541,554	BOYAmt
EOY	$134,968,272	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$193,368,788	BOYAmt
EOY	$192,792,292	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$261,164,007	BOYAmt
EOY	$258,846,950	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$3,773,321	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$3,199,422	NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts	$0	DonatedServicesAndUseFcltsAmt
Investment Expense	$0	InvestmentExpenseAmt
Prior Period Adjustments	$0	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	-$2,597	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Volunteers	0	VolunteersInd
Paid Staff Or Management	0	PaidStaffOrManagementInd
Media Advertisements	0	MediaAdvertisementsInd
Mailings Members	0	MailingsMembersInd
Publications Or Broadcast	0	PublicationsOrBroadcastInd
Grants Other Organizations	0	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (1)	DirectContactLegislatorsInd
Direct Contact Legislators	$0	DirectContactLegislatorsAmt
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	Yes (1)	OtherActivitiesInd
Other Activities	$3,360	OtherActivitiesAmt
Total Lobbying Expenditures	$3,360	TotalLobbyingExpendituresAmt
Not Described Section501c3	0	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule C, Part II-B, Line 1	FormAndLineReferenceDesc
Explanation	The University is a member of the Council of Independent Colleges in Virginia (CICV) which supports Virginia Private Colleges and Universities by advocating public policy positions and monitoring legislation impacting the higher education community. CICV serves as the voice of Virginia's independent higher education community before state agencies and legislators and coordinates government relations activities for members, advocating for Virginia's Tuition Assistance Grant (VTAG) program and other programs assisting students at Virginia's private colleges. CICV estimates that 10.95% of the FY23-24 dues ($30,686) was used for lobbying. The University's President is a member of the CICV (see above), NAICU(National Association of Colleges and Universities), and VFIC (Virginia Foundation for Independent Colleges). When these organizations hold meetings, there are often local and state legislators in attendance. The President will from time to time engage in discussions with these legislators as a normal course of attending these meetings.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Preservation Open Space	Yes (X)	PreservationOpenSpaceInd
Total Easements	1	TotalEasementsCnt
Total Acreage	491	TotalAcreageCnt
Historic Structure Easements	0	HistoricStructureEasementsCnt
Historic Strctr Easements Aftr	0	HistoricStrctrEasementsAftrCnt
Modified Easements	0	ModifiedEasementsCnt
States Easements Held	1	StatesEasementsHeldCnt
Written Policy Monitoring	Yes (1)	WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement	0	StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement	$0	ExpensesIncurredEnforcementAmt
Section170h Rqr Stsfd	Yes (1)	Section170hRqrStsfdInd

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Revenues Included	$39,950	RevenuesIncludedAmt
Assets Included	$39,950	AssetsIncludedAmt

Held Works Art HeldWorksArtGrp

Field	Value	IRS element (for citing)
Revenues Included	$0	RevenuesIncludedAmt
Assets Included	$0	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Coll Used Loan Or Exch Prog	Yes (X)	CollUsedLoanOrExchProgInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$135,834,763	BeginningYearBalanceAmt
Contributions	$2,029,964	ContributionsAmt
Investment Earnings Or Losses	$10,875,344	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,096,943	GrantsOrScholarshipsAmt
Other Expenditures	$4,011,378	OtherExpendituresAmt
Administrative Expenses	$0	AdministrativeExpensesAmt
End Year Balance	$140,631,750	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$142,176,447	BeginningYearBalanceAmt
Contributions	$1,903,501	ContributionsAmt
Investment Earnings Or Losses	$3,841,159	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,055,351	GrantsOrScholarshipsAmt
Other Expenditures	$9,030,993	OtherExpendituresAmt
Administrative Expenses	$0	AdministrativeExpensesAmt
End Year Balance	$135,834,763	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$146,838,070	BeginningYearBalanceAmt
Contributions	$3,485,270	ContributionsAmt
Investment Earnings Or Losses	-$2,767,321	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,765,073	GrantsOrScholarshipsAmt
Other Expenditures	$2,614,499	OtherExpendituresAmt
Administrative Expenses	$0	AdministrativeExpensesAmt
End Year Balance	$142,176,447	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$109,345,579	BeginningYearBalanceAmt
Contributions	$2,123,242	ContributionsAmt
Investment Earnings Or Losses	$40,072,319	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,610,118	GrantsOrScholarshipsAmt
Other Expenditures	$2,092,952	OtherExpendituresAmt
Administrative Expenses	$0	AdministrativeExpensesAmt
End Year Balance	$146,838,070	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$112,958,188	BeginningYearBalanceAmt
Contributions	$472,594	ContributionsAmt
Investment Earnings Or Losses	-$69,134	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,477,729	GrantsOrScholarshipsAmt
Other Expenditures	$1,538,340	OtherExpendituresAmt
Administrative Expenses	$0	AdministrativeExpensesAmt
End Year Balance	$109,345,579	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.1503	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.3997	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.45	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (1)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$4,394,204	OtherCostOrOtherBasisAmt
Book Value	$4,394,204	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$152,379,664	OtherCostOrOtherBasisAmt
Depreciation	$71,811,537	DepreciationAmt
Book Value	$80,568,127	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$1,223,875	OtherCostOrOtherBasisAmt
Depreciation	$244,775	DepreciationAmt
Book Value	$979,100	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$13,815,269	OtherCostOrOtherBasisAmt
Depreciation	$7,477,218	DepreciationAmt
Book Value	$6,338,051	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$11,655,701	OtherCostOrOtherBasisAmt
Depreciation	$6,685,439	DepreciationAmt
Book Value	$4,970,262	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$97,249,744	TotalBookValueLandBuildingsAmt

Financial Derivatives FinancialDerivativesGrp

Field	Value	IRS element (for citing)
Book Value	$0	BookValueAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

Field	Value	IRS element (for citing)
Book Value	$0	BookValueAmt

Other Securities OtherSecuritiesGrp (5 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
Hedged funds	$8,509,519	F
Private equity/venture capital	$20,220,338	F
Distressed debt	$11,226	F
Real estate	$5,845,693	F
Natural resources	$3,009,053	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$37,595,829	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
Interest Rate Swap	$154,776
US Government Grant Refundable	$86,331

Field	Value	IRS element (for citing)
Total Liability	$241,107	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$77,757,781	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$3,199,422	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$0	DonatedServicesAndUseFcltsAmt
Recoveries Prior Year Grants	$0	RecoveriesPriorYearGrantsAmt
Other Revenue	-$31,832,027	OtherRevenueAmt
Revenue Not Reported	-$28,632,605	RevenueNotReportedAmt
Revenue Subtotal	$106,390,386	RevenueSubtotalAmt
Investment Expenses Not Incld	$1,233,765	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$842,552	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$2,076,317	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$108,466,703	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$78,334,277	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$0	DonatedServicesUseFcltsAmt
Prior Year Adjustments	$0	PriorYearAdjustmentsAmt
Losses Reported	$0	LossesReportedAmt
Other Expenses Included	-$839,955	OtherExpensesIncludedAmt
Expenses Not Reported	-$839,955	ExpensesNotReportedAmt
Expenses Subtotal	$79,174,232	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$1,233,765	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$31,832,027	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$33,065,792	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$112,240,024	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule D, Part II, Line 5	The Virginia Outdoors Foundation has the responsibility to enter the property from time to time (usually on an annual basis) for purposes of inspection and enforcement of the terms of the easement after permission from and reasonable notice has been given to the University. The Foundation has the right to bring an action at law or in equity to enforce the restrictions as outlined in the easement. The right specifically includes the right to require restoration of the property to a condition thereafter changed in a manner consistent with the restrictions. A report is received from the Virginia Outdoors Foundation detailing their visit and any issues that might arise.
Schedule D, Part II, Line 9	The Virginia Outdoors Foundation easement was included with a gift of a 470 acre farm received in 1998. In December of 2016, an additional 21 adjacent acres were donated to be added to the easement. Both gifts were substantiated by a real estate appraisal report and recorded as an asset of the University on the Statement of Financial Position and as gift revenue on the Statement of Activities when received.
Schedule D, Part III, Line 4	The Daura Museum of Art is a teaching museum that enhances the University of Lynchburg's academic mission, transforms learning through encounters with works of art, advances creative collaboration with all fields of study, and furthers the appreciation and enjoyment of the visual arts and cultural heritage for all University of Lynchburg constituents.The Daura Museum believes that appreciating the visual arts across time and cultures is one of the most effective ways to become culturally aware global citizens and to build a better world. The Daura Museum enhances the academic mission of the University of Lynchburg across all disciplines by offering opportunities to challenge assumptions, question critically, reason effectively, communicate clearly, act creatively, and live ethically. The Daura Museum models inclusion through stimulating, innovative, compelling programs and exhibitions that enhance the academic curriculum. The Daura Museum is committed to ensuring that diversity, equity, and inclusion are apparent through a climate where all students, faculty, and staff feel welcomed and are treated equitably and with respect. The Daura Museum is a learning lab where innovation occurs at the intersection of disciplines. The Daura Museum fosters the transformative power of art by being a place of reflection, enjoyment, and dialogue. The Daura Museum finds collaborative opportunities on and off campus that make it central to learning and the development of diverse audiences.The Daura Museum of Art presents stimulating, innovative, and inclusive exhibitions and programs that enhance the academic curriculum, emphasize cross-cultural understanding, provide broad academic experiences, and support collaborative and interdisciplinary opportunities to meet the academic needs of the University and enhance visitors' on-site and on-line experiences, leading to ongoing engagement with the Gallery.Artists and artwork include Pierre Daura, Queena Stovall, Georgia Morgan, Umaña, Connie Fox, Marie Tiner, Howard Finster, Annie Tolliver, Beth Shively, African masks, and much more.The partnership between the University of Lynchburg and Historic Sandusky gives our students the opportunity for real-world museum experience through internships, assistantships, special projects, and field trips. Sandusky's library, document archives, and collections provide a wealth of resources for student research, scholarship, and publication. The partnership provides extensive opportunities for students to get involved in museum operations including: Research, Exhibit planning, Graphic design, Archaeology, Curatorial, Public history, Museum management, and Events
Schedule D, Part V, Line 4	The University's endowment includes 1) funds that offer a comprehensive financial aid program for students demonstrating financial need, academic merit, and special leadership traits, 2) funds that support Distinguished Chairs, Professorships, and special lectureships, 3) funds that offer numerous special programs to benefit students, faculty, staff and the broader community which are diverse in focus and create unique learning opportunities, and 4) funds that offer financial support to the University's annual operating budget.
Schedule D, Part XI, Line 2d	Includes Financial Aid <$31,832,027>.
Schedule D, Part XI, Line 4b	Includes Change in value of split-interest agreements $(2,596), Other institutional support $(390,940), and University restructuring $(449,016).
Schedule D, Part XII, Line 2d	Includes Other Institutional Support <$390,940>, University restructuring <$449,016> and rounding of $1.
Schedule D, Part XII, Line 4b	Financial Aid to students of $31,832,027.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule E, Part I, Line 3

The University of Lynchburg has published its notice of non-discriminatory policy of staff and students on the University's website and in its catalog. This statement reads: The University of Lynchburg does not discriminate on the basis of race, color, national origin, sex, pregnancy (including childbirth or related medical conditions including lactation), marital status, veteran status, disability, age (40 and over), sexual orientation, gender identity, or religion in its programs and activities, including admission to and employment at the University of Lynchburg.

Schedule E, Part I, Line 6

University of Lynchburg was the recipient of various grants and contracts from the Federal Government and State of Virginia supporting student financial aid and other University programs in the 2023-24 fiscal year. These awards were received from the U.S. Department of Education, National Science Foundation, U.S. Department of Justice, U.S. Department of Health and Human Services, Institute of Museum and Library Services.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (10 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
North America (including Canada and Mexico, but not the United States)	Program Services	Study Abroad - Mexico	$36,722
East Asia and the Pacific	Program Services	Ghislaine Lewis - New Zealand	$1,405
Europe (including Iceland and Greenland)	Program Services	Study Abroad - London	$57,046
North America (including Canada and Mexico, but not the United States)	Program Services	Service Trip	$39,450
Europe (including Iceland and Greenland)	Program Services	Brian Grim - Milan	$1,055
Europe (including Iceland and Greenland)	Program Services	Study Abroad - Europe	$76,299
Europe (including Iceland and Greenland)	Program Services	Westover Honors Services Trip	$77,744
Central America and the Caribbean	Program Services	Tom Shahady Grant	$94,970
Central America and the Caribbean	Program Services	John Styrsky - Panama	$4,037
North America (including Canada and Mexico, but not the United States)	Program Services	Paula Youra - Canada	$4,296

Field	Value	IRS element (for citing)
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Total Spent	$393,024	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)

Type Of AssistanceTypeOfAssistanceTxt	RegionRegionTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt
Unfunded Institutional Aid	Central America and the Caribbean	6	$189,040	tuition and fees
Unfunded Institutional Aid	East Asia and the Pacific	5	$123,540	tuition and fees
Unfunded Institutional Aid	Europe (including Iceland and Greenland)	13	$310,000	tuition and fees
Unfunded Institutional Aid	Middle East and North Africa	2	$46,500	tuition and fees
Unfunded Institutional Aid	North America (including Canada and Mexico, but not the United States)		$74,500	tuition and fees
Unfunded Institutional Aid	Russia and Neighboring States	1	$31,000	tuition and fees
Unfunded Institutional Aid	South America	29	$531,850	tuition and fees
Unfunded Institutional Aid	South Asia	161	$2,908,115	tuition and fees
Unfunded Institutional Aid	Sub-Saharan Africa	17	$402,535	tuition and fees

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	0	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	0	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	0	PassiveForeignInvestmestCoInd
Foreign Partnership	0	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule F, Part I, Line 2	FormAndLineReferenceDesc
Explanation	THE UNIVERSITY OF LYNCHBURG DOES NOT PROVIDE GRANTS AND OTHER ASSISTANCE TO ORGANIZATIONS OUTSIDE OF THE UNITED STATES. FINANCIAL AID IS AWARDED TO STUDENTS WHO ATTEND THE UNIVERSITY AND WHOSE CITIZENSHIP IS OUTSIDE OF THE UNITED STATES. THE AID IS BASED UPON NEED AND MERIT AND IS APPLIED TO EACH STUDENT'S BILLED TUITION AND FEES ACCOUNT. THE UNIVERSITY USES THE COLLEGE BOARD'S POWERFAIDS SOFTWARE TO MANAGE ITS FINANCIAL AID DATABASE AND AWARDING PROCEDURES.	ExplanationTxt

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Solicitation Of Govt Grants	Yes (X)	SolicitationOfGovtGrantsInd
Agrmt Prof Fundraising Acty	Yes (1)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	ActivityActivityTxt	Fundraiser Control Of FundsFundraiserControlOfFundsInd	Gross ReceiptsGrossReceiptsAmt	Retained By ContractorRetainedByContractorAmt	Net To OrganizationNetToOrganizationAmt	Address Line2USAddress/AddressLine2Txt
EAB Global Inc
PO Box 603519	Charlotte	NC	28260	Consultant for the University of Lynchburg Office of Advancement	0	$0	$100,940	-$100,940
McAllister & Quinn
1625 Eye St NW	Washington DC	DC	20006	Consultant for the University of Lynchburg Office of Advancement	0	$0	$79,200	-$79,200	Ste 750

Field	Value	IRS element (for citing)
Total Gross Receipts	$0	TotalGrossReceiptsAmt
Total Retained By Contractors	$180,140	TotalRetainedByContractorsAmt
Total Net To Organization	-$180,140	TotalNetToOrganizationAmt
All States	All States	AllStatesCd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	John Seamster Golf Tournament	Event1Nm
Gross Receipts Event1	$27,780	GrossReceiptsEvent1Amt
Charitable Contri Event1	$22,550	CharitableContriEvent1Amt
Gross Revenue Event1	$5,230	GrossRevenueEvent1Amt
Cash Prizes Event1	$0	CashPrizesEvent1Amt
Non Cash Prizes Event1	$0	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$4,150	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$872	FoodAndBeverageEvent1Amt
Entertainment Event1	$0	EntertainmentEvent1Amt
Other Direct Expenses Event1	$128	OtherDirectExpensesEvent1Amt
Food And Beverage Other Events	$0	FoodAndBeverageOtherEventsAmt
Entertainment Other Events	$0	EntertainmentOtherEventsAmt
Gross Receipts Total	$27,780	GrossReceiptsTotalAmt
Charitable Contributions Tot	$22,550	CharitableContributionsTotAmt
Gross Revenue Total Events	$5,230	GrossRevenueTotalEventsAmt
Cash Prizes Total Events	$0	CashPrizesTotalEventsAmt
Non Cash Prizes Total Events	$0	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$4,150	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$872	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$0	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$128	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$5,150	DirectExpenseSummaryEventsAmt
Net Income Summary	$80	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt
Non-funded Financial Aid	1613	$23,950,412	$0
Funded Financial Aid	220	$3,264,535	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2	FormAndLineReferenceDesc
Explanation	Within the limits of available resources, the University makes every effort to make financial aid opportunities available to needy and academically eligible students. Students must be enrolled in full-time undergraduate or graduate degree programs to be considered for University academic scholarships, grants, and/or need-based financial aid. With the exception of some academic scholarships and graduate aid, students who wish to apply for grants, loans, or work-study must submit the Free Application for Federal Student Aid (FAFSA). Awards are considered on the basis of financial need and/or a student's academic profile. Awards are packaged using a combination of grants and scholarships, loans, and software to manage the financial aid databases and awarding procedures.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (1)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Alison Morrison-Shetlar
President of the University	$418,450	$0	$0	$0	$0	$0	$32,550	$0	$48,765	$0	$499,765	$0	$0	$0
Allison Jablonski
Provost and Vice President of Academic Affairs	$187,465	$0	$0	$0	$0	$0	$17,238	$0	$28,010	$0	$232,713	$0	$0	$0
Christopher L Burnley
VP for Business and Finance and Treasurer	$165,704	$0	$0	$0	$0	$0	$16,200	$0	$30,898	$0	$212,802	$0	$0	$0
Eric Baldwin
VP and Dean for Student Development	$153,645	$0	$0	$0	$0	$0	$14,850	$0	$28,683	$0	$197,178	$0	$0	$0
Jeremy Welsh
Vice President of Strategy & Professor of PA Medicine	$221,243	$0	$0	$0	$0	$0	$19,653	$0	$15,669	$0	$256,565	$0	$0	$0
Michael Bonnette
Vice President for Advancement	$180,175	$0	$0	$0	$0	$0	$5,673	$0	$32,812	$0	$218,660	$0	$0	$0
A Russell Smith
Director/Professor Physical Therapy	$194,117	$0	$0	$0	$0	$0	$7,739	$0	$9,253	$0	$211,109	$0		$0
David Murphy
Adjunct Professor - College of Business	$163,404	$0	$0	$0	$0	$0	$6,147	$0	$43,723	$0	$213,274	$0	$0	$0
Jenna Rolfs
Dean	$152,731	$0	$0	$0	$0	$0	$12,810	$0	$22,539	$0	$188,080	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule J, Part I, Line 1a	Schedule J, Part I, Line 1a - As outlined in the President's contract with the University of Lynchburg, the President is required to live in a house provided by the University. The house is physically located on the University's campus.
Schedule J, Part I, Line 3	Schedule J, Part I, Line 3 - The Compensation Committee of the Board of Trustees approves the President's written employment contract on an annual basis. The written employment contract is approved by the full Board of Trustees and documented in the minutes. As deemed necessary by the Compensation Committee, an Independent consultant may be used for input regarding the President's salary level as compared to other positions.
Schedule J, Part I, Line 4	The Vice President and Dean of Students resigned and received a severance payment in fiscal year 2023-2024

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd	CUSIPCUSIPNum	Business Name Line2IssuerName/BusinessNameLine2Txt
Virginia College Building Authority
A	541249154	2010-12-21	$8,837,932	Provides funds to refund a prior issue dtd 1/22/04 and other debt obligations	0	0	0
Economic Development Authority of the City of Lynchburg Virginia
B	541225193	2013-06-27	$24,308,295	Refund two prior outstanding issues and Student Center expansion	Yes (1)	0	0	55123RAR7
Economic Development Authority of
C	541106038	2018-05-09	$37,298,455	Construction of New Residence Hall and refunding prior debt dated 10/17/18 and 12/20/17	0	0	0	770080AV1	the City of Roanoke Virginia

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$5,892,494	$0	$8,837,932	$0	$0	$0	$100,088	$0	$0	$0	$8,737,844	$0	2010	Yes (1)	Yes (1)	Yes (1)
B	$9,034,385	$0	$24,308,295	$0	$12,581	$0	$397,452	$0	$0	$9,986,853	$13,911,409	$0	2014	Yes (1)	Yes (1)	Yes (1)
C	$1,050,817	$0	$37,298,455	$0	$614,062	$0	$472,732	$0	$0	$4,156,938	$32,054,723	$0	2019	Yes (1)	Yes (1)	Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	Yes (1)	Yes (1)
B	Yes (1)	Yes (1)
C	Yes (1)	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Term Of HedgeTermOfHedgePct	Superintegrated HedgeSuperintegratedHedgeInd	Hedge TerminatedHedgeTerminatedInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
Truist Bank
A	0	0	0	0	Yes (1)	Yes (1)	24	0	0	0	0	Yes (1)
(no name)
B	0	0	0	0	0	0				0	0	Yes (1)
(no name)
C	0	0	0	0	0	0				0	0	Yes (1)

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Centra Health Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Relationship Description	Officer of the University is also a Board Member for Centra Health	RelationshipDescriptionTxt
Transaction	$108,000	TransactionAmt
Transaction	Partnership Opportunities and clinical experience for Nursing, PA Medicine and DMSc students	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	2	ContributionCnt
Noncash Contributions Rpt F990	$39,650	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Opinion of experts	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	12	ContributionCnt
Noncash Contributions Rpt F990	$493,396	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Avg hi/low on gift date	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	Furniture and Furnishings	1	$7,180	Opinion of experts
Yes (X)	Horses for Equestrian Program	6	$657,500	Opinion of experts
Yes (X)	Therapy/Athletic Equipment	1	$4,750	Opinion of experts
Yes (X)	Program supplies	1	$323	Opinion of experts

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11b	The Tax Form 990 is internally prepared by staff in the University's Finance Office and reviewed by the Controller and Vice President for Finance and Operations. The Form 990 is then sent to be reviewed by the following Trustees: Chair of the Board, Chair of the Institutional Excellence Committee, and all members of the Audit Committee. These trustees review the document and notify the Finance Office of their approval within three business days. The completed Tax Form 990 is then emailed to all Trustees. The Finance Office executes and submits the Form 990 to the IRS electronically. Schedule B, Schedule of Contributors, is not included in the information sent to the Trustees to maintain confidentiality for the University's donors.
Form 990, Part VI, Section B, Line 12c	The Board prohibits conflict of interest by its Trustees and University officers in matters under consideration by the Board, in accordance with the "Conflict-of-Interest Policy" for trustees of the Board and University Officers, as published in the Policy Manual. Each Trustee and University Officer is asked to 1) review the Conflict-of-Interest policy annually; 2) disclose any possible personal, familial, or business relationships that could reasonably give rise to conflict involving the University; 3) acknowledge by his or her signature that he or she is in compliance with the letter and spirit of the policy. If a conflict is suspected or confirmed, the matter shall be discussed by the committee chair, the Board Chair, and the trustee in question to determine if any specific vote by the trustee should be recanted and if said trustee should be involved in any future discussion on that topic. Should the matter not be resolved by the committee chair, the Board Chair, and the trustee in question, ultimate enforcement of any conflict will be determined by the Executive Committee as may be appropriate. The completed Conflict-Of-Interest forms are monitored and maintained in the President's Office.
Form 990, Part VI, Section B, Line 15	The annual evaluation of the University president is conducted by the Board of Trustees President's Assessment Committee, comprising the Board Chair, both Vice Chairs and a past Board Chair or another Executive Committee member selected by the current Board Chair. The Board Chair may appoint up to two additional trustees to serve a three-year term or through the end of the Board Chair's term of office, whichever comes first. On or before August 31 of each year, the president shall provide the Board Chair a list of proposed goals and objectives for the coming academic year. The President's Assessment Committee meets with the president to review and discuss the proposed goals. By June 1, the president submits a performance self-appraisal for the year in question to the President's Assessment Committee related to the agreed upon goals and objectives. To aid the Board in its annual evaluation, the president will furnish the Board such additional oral or written reports as it may request. The findings of the President's Assessment Committee are reviewed with the full Board in executive session. A course of action is determined regarding the president's performance and future compensation. The compensation for all faculty and staff is set on an annual basis in keeping with the University's current salary plan.
Form 990, Part VI, Section C, Line 19	Governing documents, Conflict of Interest policies, and financial statements are made available to the public upon written request for the President of the University or Vice President for Finance and Operations.
Form 990, Part XI, Line 9	Change in value of split-interest agreement

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	Historic Sandusky Foundation Inc	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	757 Sandusky Drive	AddressLine1Txt
City	Lynchburg	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24502	ZIPCd

Field	Value	IRS element (for citing)
EIN	542014523	EIN
Primary Activities	Preserve and maintain historical property	PrimaryActivitiesTxt
Legal Domicile State	VA	LegalDomicileStateCd
Exempt Code Section	501(c)(3)	ExemptCodeSectionTxt
Public Charity Status	9	PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	University of Lynchburg	BusinessNameLine1Txt
Business Name Line2	in Virginia	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Controlled Organization	0	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	Yes (1)	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule R, Part II	FormAndLineReferenceDesc
Explanation	The University of Lynchburg holds 100% of the assets of Historic Sandusky. All revenues and expenses, assets and liabilities are recorded in the University's audited consolidated financial statements and Form 990.	ExplanationTxt