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Averett University

DANVILLE, VA EIN: 54-0129860 Website

AVERETT UNIVERSITY PREPARES STUDENTS TO SERVE AND LEAD AS CATALYSTS FOR POSITIVE CHANGE. AVERETT FULFILLS THIS MISSION BY EDUCATING STUDENTS FROM DIVERSE BACKGROUNDS, CULTURES AND NATIONS THROUGH LIBERAL ARTS-BASED UNDERGRADUATE AND GRADUATE PROGRAMS IN A PERSONAL, COLLEGIAL, INTERDISCIPLINARY ENVIRONMENT.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$68.8M

-12.5% YoY

Revenue

$54.3M

-0.7% YoY

Net Investment Income

$606K

-278.3% YoY

Expenses

$63.6M

+5.9% YoY

About Averett University

Based on IRS filings

Averett University is a nonprofit organization focused on Education, based in DANVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $68.8M in total assets. Net investment income was $606K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

DanvillePrinceton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17M$35M$52M$70M20202021202220232024
Metric202420232022
Total Assets$68,836,187$78,643,056$74,504,725
Revenue$54,255,552$54,663,239$52,537,799
Expenses$63,574,928$60,055,807$58,894,855
Qualifying Distributions
Net Investment Income$605,962$-339,948$499,211
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$126K$252K$377K$503K0 grants20202 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

1<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Dr Tiffany FranksPresident$322KDon AungstFormer VP Finance/COO$247KMichael BoehmCIO$179KMelissa WohlsteinVP Advancement$178KLee BeaumontVP Admissions$177KVenita MitchellVP Student Engagement$133KMegan StevensVP of Athletics$114K

From 2024 filing

NameTitleHoursCompensation
Dr Annie P WimbishCHAIRPERSON
Emma Maddux KozlowskiVICE CHAIRPERSON
Jessie BarksdaleTRUSTEE
Jan GF BarnettTRUSTEE
Ellen E BevilleTRUSTEE
Ms Kirk BidgoodTRUSTEE
Dr Lenora Billings-HarrisTRUSTEE
Brenda BowmanTRUSTEE
Rev Dr Richard BrownTRUSTEE
Rev Dr Daniel CarltonTRUSTEE
Bradley CohenTRUSTEE
Sarah L CollieTRUSTEE
Gary W CollinsTRUSTEE
Mark GignacTRUSTEE
Linda GreenTRUSTEE
John Herndon JrTRUSTEE
Starlette JohnsonTRUSTEE
Michael E KeckTRUSTEE
Hayward MajorsTRUSTEE
Brandon PotterTRUSTEE
Toni RiceTRUSTEE
Dr Mary M G RiddleTRUSTEE
Dr Calvin R SnowdenTRUSTEE
Deborah W UptonTRUSTEE
Christopher E WestTRUSTEE
L Hampton WilkinsTRUSTEE
Kris WillardTRUSTEE
Todd McGregor YeattsTRUSTEE
Dr Tiffany FranksPresident1$321,845
Don AungstFormer VP Finance/COO1$246,977
Michael BoehmCIO1$179,140
Lee BeaumontVP Admissions1$176,928
Melissa WohlsteinVP Advancement1$177,702
Venita MitchellVP Student Engagement1$133,434
Megan StevensVP of Athletics1$114,335

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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