BENEDICTINE EDUCATIONAL FOUNDATION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
BENEDICTINE EDUCATIONAL FOUNDATION (EIN 45-3960058)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-04-30
IRS object ID
202531209349302968
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-04-30T17:18:05-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN882730877PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHERRY BEKAERT ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 SOUTH 10TH ST STE 900AddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23219ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN453960058EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BENEDICTINE SCHOOLSBusinessNameLine1Txt
Business Name Line2EDUCATIONAL FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlBENEBusinessNameControlTxt
Phone8047089500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line112829 RIVER ROADAddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23238ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTERRENCE KERNERPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8047089500PhoneNum
Signature2025-04-29SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBREE-ANN WEIDNERPreparerPersonNm
PTINP01319397PTIN
Phone8046735700PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRADM ALLIE COETZEE LESLIEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line112829 RIVER ROADAddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23238ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,286,419GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BENEDICTINESCHOOLS.ORG/GIVINGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionTO ACCEPT, RECEIVE AND MANAGE REAL AND PERSONAL PROPERTY, INCOME, AND MONIES FOR THE BENEFIT OF AND TO CARRY OUT THE PURPOSES OF BENEDICTINE SCHOOLS OF RICHMOND.ActivityOrMissionDesc
Voting Members Governing Body22VotingMembersGoverningBodyCnt
Voting Members Independent22VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers22TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$19,304,237PYContributionsGrantsAmt
CY Contributions Grants$5,466,829CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$438,724PYInvestmentIncomeAmt
CY Investment Income$587,259CYInvestmentIncomeAmt
PY Other Revenue$121,557PYOtherRevenueAmt
CY Other Revenue$231,839CYOtherRevenueAmt
PY Total Revenue$19,864,518PYTotalRevenueAmt
CY Total Revenue$6,285,927CYTotalRevenueAmt
PY Grants And Similar Paid$11,155,081PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$5,871,028CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$39,280CYTotalFundraisingExpenseAmt
PY Other Expenses$169,943PYOtherExpensesAmt
CY Other Expenses$149,202CYOtherExpensesAmt
PY Total Expenses$11,325,024PYTotalExpensesAmt
CY Total Expenses$6,020,230CYTotalExpensesAmt
PY Revenues Less Expenses$8,539,494PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$265,697CYRevenuesLessExpensesAmt
Total Assets BOY$32,891,454TotalAssetsBOYAmt
Total Assets EOY$34,138,616TotalAssetsEOYAmt
Total Liabilities BOY$14,380,806TotalLiabilitiesBOYAmt
Total Liabilities EOY$13,266,003TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$18,510,648NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$20,872,613NetAssetsOrFundBalancesEOYAmt
MissionTO ACCEPT, RECEIVE AND MANAGE REAL AND PERSONAL PROPERTY, INCOME, AND MONIES FOR THE BENEFIT OF AND TO CARRY OUT THE PURPOSES OF BENEDICTINE SCHOOLS OF RICHMOND, DBA BENEDICTINE COLLEGE PREPARATORY AND SAINT GERTRUDE HIGH SCHOOL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,871,028ExpenseAmt
Grant$5,871,028GrantAmt
DescTO PROVIDE FINANCIAL SUPPORT TO THE BENEDICTINE SCHOOLS OF RICHMOND'S ACADEMIC PROGRAMS, FACILITIES DEVELOPMENT, SCHOLARSHIPS, AND OTHER PROGRAMS AS DESIGNATED BY THE SCHOOLS.Desc
Total Program Service Expenses$5,871,028TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members22GoverningBodyVotingMembersCnt
Independent Voting Member22IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANN MICHELE SWEENEYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8047089500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line112829 RIVER ROADAddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23238ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MR TERRENCE W KERNER
CHAIR1.000.00Yes (X)Yes (X)$0$0$0
RADM ALLIE COETZEE LESLIE
SECRETARY1.000.00Yes (X)Yes (X)$0$0$0
MR MATTHEW D WHITE
TREASURER1.000.00Yes (X)Yes (X)$0$0$0
MR RICHARD E DOLAN III
DIRECTOR1.000.00Yes (X)$0$0$0
MR MATT J GADAMS
DIRECTOR1.000.00Yes (X)$0$0$0
MR GEOFF GASPERINI
DIRECTOR1.000.00Yes (X)$0$0$0
MS KELLY GEARY
DIRECTOR1.000.00Yes (X)$0$0$0
MR BRIAN HANEY
DIRECTOR1.000.00Yes (X)$0$0$0
MR CHRIS KEEGAN
DIRECTOR1.000.00Yes (X)$0$0$0
RADM C ADAM KIJEK
DIRECTOR1.000.00Yes (X)$0$0$0
MRS SHELLEY N KUHN
DIRECTOR1.000.00Yes (X)$0$0$0
MR GEOFF MCDONALD
DIRECTOR1.000.00Yes (X)$0$0$0
MRS EVELYN V MCGILL
DIRECTOR1.000.00Yes (X)$0$0$0
BR BEAD MCKEON OSB
DIRECTOR1.000.00Yes (X)$0$0$0
MRS BUNI NEIGHBORS
DIRECTOR1.000.00Yes (X)$0$0$0
MR TORIANO PHILLIPS
DIRECTOR1.000.00Yes (X)$0$0$0
MR RANDY REYNOLDS
DIRECTOR1.000.00Yes (X)$0$0$0
MR TODD D ROGERS
DIRECTOR1.000.00Yes (X)$0$0$0
ABBOT PLACID D SOLARI OSB
DIRECTOR1.000.00Yes (X)$0$0$0
MR GREG STIVERS
DIRECTOR1.000.00Yes (X)$0$0$0
MR GEORGE J STROTHER JR
DIRECTOR1.000.00Yes (X)$0$0$0
MR KEN SULLIVAN
DIRECTOR1.000.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$524,415FundraisingAmt
All Other Contributions$4,942,414AllOtherContributionsAmt
Noncash Contributions$336,279NoncashContributionsAmt
Total Contributions$5,466,829TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$587,259TotalRevenueColumnAmt
Exclusion$587,259ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$131,543FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$524,415ContriRptFundraisingEventAmt
Fundraising Direct Expenses$492FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$131,051TotalRevenueColumnAmt
Exclusion$131,051ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescBAD DEBT RECOVERIESDesc
Business900099BusinessCd
Total Revenue Column$100,788TotalRevenueColumnAmt
Exclusion$100,788ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$100,788OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,285,927TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$819,098ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$5,871,028TotalAmt
Program Services$5,871,028ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$24,403TotalAmt
Management And General$24,403ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$56,206TotalAmt
Management And General$56,206ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,630TotalAmt
Management And General$3,630ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
ADVANCEMENT EXPENSES$39,280$39,280
BANK FEES$25,658$25,658
DUES AND SUBSCRIPTIONS$25$25

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,020,230TotalAmt
Program Services$5,871,028ProgramServicesAmt
Management And General$109,922ManagementAndGeneralAmt
Fundraising$39,280FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,361,991BOYAmt
EOY$1,795,486EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,277,211BOYAmt
EOY$1,292,440EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$14,517,987BOYAmt
EOY$12,786,968EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,720BOYAmt
EOY$5,202EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$15,701,045BOYAmt
EOY$18,228,020EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$30,500BOYAmt
EOY$30,500EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$32,891,454BOYAmt
EOY$34,138,616EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$3,409,465BOYAmt
EOY$2,294,662EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,971,341BOYAmt
EOY$10,971,341EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$14,380,806BOYAmt
EOY$13,266,003EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,811,459BOYAmt
EOY$3,210,266EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$15,699,189BOYAmt
EOY$17,662,347EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,510,648BOYAmt
EOY$20,872,613EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$32,891,454BOYAmt
EOY$34,138,616EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$265,697ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,448,708NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$647,560PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1BENEDICTINE SCHOOLS OF RICHMONDBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN270339456EIN
Organization Type2OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$5,871,028SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$5,871,028SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$17,038,573BeginningYearBalanceAmt
Contributions$786,728ContributionsAmt
Investment Earnings Or Losses$1,927,014InvestmentEarningsOrLossesAmt
Administrative Expenses$647,331AdministrativeExpensesAmt
End Year Balance$19,104,984EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$15,802,214BeginningYearBalanceAmt
Contributions$1,417,970ContributionsAmt
Investment Earnings Or Losses$942,267InvestmentEarningsOrLossesAmt
Administrative Expenses$1,123,878AdministrativeExpensesAmt
End Year Balance$17,038,573EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$14,554,177BeginningYearBalanceAmt
Contributions$3,532,750ContributionsAmt
Investment Earnings Or Losses-$1,983,324InvestmentEarningsOrLossesAmt
Administrative Expenses$301,389AdministrativeExpensesAmt
End Year Balance$15,802,214EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,966,057BeginningYearBalanceAmt
Contributions$5,984,091ContributionsAmt
Investment Earnings Or Losses$3,162,205InvestmentEarningsOrLossesAmt
Administrative Expenses$558,176AdministrativeExpensesAmt
End Year Balance$14,554,177EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,695,541BeginningYearBalanceAmt
Contributions$305,037ContributionsAmt
Investment Earnings Or Losses$127,213InvestmentEarningsOrLossesAmt
Administrative Expenses$161,734AdministrativeExpensesAmt
End Year Balance$5,966,057EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.14410BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.85590PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLINES OF CREDITDesc
Amt$10,971,341Amt
FieldValueIRS element (for citing)
Total Liability$10,971,341TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,678,921TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,448,708NetUnrealizedGainsInvstAmt
Revenue Not Reported$1,448,708RevenueNotReportedAmt
Revenue Subtotal$6,230,213RevenueSubtotalAmt
Investment Expenses Not Incld$56,206InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$492OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$55,714RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,285,927TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,964,516TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$492OtherExpensesIncludedAmt
Expenses Not Reported$492ExpensesNotReportedAmt
Expenses Subtotal$5,964,024ExpensesSubtotalAmt
Investment Expenses Not Incld2$56,206InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$56,206ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,020,230TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:ENDOWMENT FUNDS ARE USED TO PROVIDE SCHOLARSHIPS, FINANCIAL AID, AND SUPPORT FOR FACULTY CONTINUING EDUCATION AND SCHOOL OPERATIONS.
PART X, LINE 2:MANAGEMENT HAS EVALUATED THE EFFECT OF GUIDANCE SURROUNDING UNCERTAIN INCOME TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAS NO SIGNIFICANT FINANCIAL STATEMENT EXPOSURE TO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2024 AND 2023. THE FOUNDATION IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION.
PART XI, LINE 4B - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES
PART XII, LINE 2D - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1BOXING SMOKEREvent1Nm
Gross Receipts Event1$248,475GrossReceiptsEvent1Amt
Charitable Contri Event1$198,780CharitableContriEvent1Amt
Gross Revenue Event1$49,695GrossRevenueEvent1Amt
Event2ENVISION GALAEvent2Nm
Gross Receipts Event2$249,635GrossReceiptsEvent2Amt
Charitable Contri Event2$199,708CharitableContriEvent2Amt
Gross Revenue Event2$49,927GrossRevenueEvent2Amt
Other Direct Expenses Event2$52OtherDirectExpensesEvent2Amt
Other Events Total3OtherEventsTotalCnt
Gross Receipts Other Events$157,848GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$125,927CharitableContriOtherEventsAmt
Gross Revenue Other Events$31,921GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$440OthDirectExpnssOtherEventsAmt
Gross Receipts Total$655,958GrossReceiptsTotalAmt
Charitable Contributions Tot$524,415CharitableContributionsTotAmt
Gross Revenue Total Events$131,543GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$492OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$492DirectExpenseSummaryEventsAmt
Net Income Summary$131,051NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1BENEDICTINE SCHOOLS OF RICHMONDBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line112829 RIVER ROADAddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23238ZIPCd
FieldValueIRS element (for citing)
Recipient EIN270339456RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$5,871,028CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantPROGRAM SUPPORTPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationFUNDS ARE GRANTED BASED ON VERIFIED EXPENSES INCURRED BY THE SUPPORTED ORGANIZATION OR ANNUAL CALCULATION OF FUNDS AVAILABLE FOR DISBURSEMENTS RELATED TO SCHOLARSHIPS/FINANCIAL AID.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution23ContributionCnt
Noncash Contributions Rpt F990$287,761NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)EQUIPMENT AND SUPPLIES13$48,466FMV
Yes (X)AUCTION ITEMS1$52FMV
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 32B:NON-STANDARD GIFTS MUST BE REVIEWED AND APPROVED BY THE BOARD.
SCHEDULE M, LINES 1 THROUGH 28:THE AMOUNT REPORTED IN COLUMN (B) RESPRESENTS THE NUMBER OF CONTRIBUTIONS.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF FORM 990 IS DISTRIBUTED TO BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO FILING, IF TIMING PERMITS. IF THE FORM 990 IS NOT AVAILABLE WITH SUFFICIENT TIME FOR ADEQUATE REVIEW PRIOR TO THE FILING DEADLINE, A COPY IS DISTRIBUTED TO BOARD MEMBERS FOR INFORMATIONAL PURPOSES ONLY.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD MEMBERS COMPLETE AND SIGN A CONFLICT OF INTEREST POLICY STATEMENT WHICH IS KEPT ON FILE AT THE SCHOOL. ANY PROJECT FOR WHICH THE FIRM OR COMPANY OF A BOARD MEMBER COMPLETES WORK IS BID TO MULTIPLE VENDORS BY THE SCHOOL'S VP OF OPERATIONS OR DIRECTOR OF FACILITIES. THE PRESIDENT OF THE SCHOOLS SUPERVISES THIS PROCESS.
FORM 990, PART VI, SECTION C, LINE 19THE PUBLIC MAY REQUEST COPIES OF THE ORGANIZATIONS' GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. A COMBINED FINANCIAL STATEMENT IS AVAILABLE ON THE BENEDICTINE SCHOOLS OF RICHMOND/ EDUCATIONAL FOUNDATION WEBSITE. A COPY OF THE FORM 990 IS AVAILABLE ON CANDID/ GUIDESTAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1BENEDICTINE SCHOOLS OF RICHMONDBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line112829 RIVER ROADAddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23238ZIPCd
FieldValueIRS element (for citing)
EIN270339456EIN
Primary ActivitiesSCHOOL OPERATIONSPrimaryActivitiesTxt
Legal Domicile StateVALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 7PublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.