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Liberty University Inc

LYNCHBURG, VA EIN: 54-0946734 Website
Education

LIBERTY UNIVERSITY, INC. IS A DISTINCTIVELY CHRISTIAN ACADEMIC COMMUNITY, WITH A MISSION OF PROVIDING QUALITY COLLEGIATE EDUCATION TRAINING CHAMPIONS FOR CHRIST.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.6B

+10.9% YoY

Annual Giving

$521K

-64.9% YoY

Grant Count

12

-25.0% YoY

Avg Grant Size

$43K

-53.1% YoY

About Liberty University Inc

Based on IRS filings

Liberty University Inc is a nonprofit organization focused on Education, based in LYNCHBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.6B in total assets. In 2024, it awarded 12 grants totaling $521K. Net investment income was $158.5M.

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

States

ColoradoDistrict of ColumbiaFloridaGeorgiaMichiganMinnesotaMissouriNorth CarolinaRhode IslandTennesseeTexasVirginiaWashington

Cities

AlpharettaAustinBooneCantonChesapeakeConcordCoon RapidsDuluthEverettForestGarlandGrand RapidsHoustonLynchburgOliver SpringOrlandoProvidencePuebloSaint PetersburgSpringfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$496M$991M$1.5B$2.0B20202021202220232024
Metric202420232022
Total Assets$4,612,068,688$4,157,125,287$3,991,603,424
Revenue$1,802,305,808$1,565,676,548$1,594,106,664
Expenses$1,456,869,886$1,381,066,428$1,284,086,793
Qualifying Distributions———
Net Investment Income$158,502,160$31,160,973$56,917,248
Distributable Amount———

Giving Over Time

Total grant dollars and number of grants per year

$0$370K$741K$1M$1M13 grants202012 grants202111 grants202216 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LYNCHBURG BEACON OF HOPE$200KLIBERTY UNIVERSITY FOUND…$200KOLD TIME GOSPEL HOUR$36KCITY OF LYNCHBURG POLICE…$25KLYNCHBURG CITY SCHOOLS E…$10KPROMISE RANCH LLC$10KMILLER HOME OF LYNCHBURG$10KKIWANIS CLUB OF LYNCHBUR…$8KHOPE OUT LOUD$6KBLUE RIDGE PREGNANCY$6K

Grant Size Distribution

64 grants across all recorded years

31<$50K16$50–100K13$100–250K3$250–500K1$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

MR JAMES CHADWELLHEAD COACH - FOOTBALL$5.9MMR RITCHIE L MCKAYHEAD COACH - BASKETBALL$1.9MMR IAN MCCAWVP & DIRECTOR OF ATHLETICS$906KPASTOR JONATHAN FALW…TRUSTEE/CHANCELLOR$823KDR JERRY PREVOTRUSTEE/PRESIDENT EMERITUS$784KDR ROBERT RITZCHIEF FIN. OFFICER/TREASURER$732KDR DONDI COSTINTRUSTEE/PRESIDENT$556KDR RONALD KENNEDYEVP FOR ENROLLMENT & MARKETING$548KMR JOHN CURTISASSISTANT COACH - FOOTBALL$495KMR DAVID CORRYGENERAL COUNSEL/SECRETARY$476KDR SCOTT HICKSPROVOST & CHIEF ACADEMIC OFF.$470KMR WILLIAM KORNASSISTANT COACH - FOOTBALL$456KMR JOHN GAUGERCIO & EVP Analytics$431KDR MARK F HORSTEMEYERDEAN, SCHOOL OF ENGINEERING$421KMRS CINDY GAEBESVP OF FIN.& CHIEF INVEST OFF.$392KMR STEVE FOSTEREVP OF HUMAN RESOURCES$370KMR DANIEL DETERVP OF MAJOR CONSTRUCTION$316KMR CHARLES SPENCESVP OF CAMPUS FACILITIES & TRA$286KMR DANIEL APPLEWHITEDEPUTY GEN. COUNSEL/ASST. SECY$269KMR DON MOONFORMER KEY EMPLOYEE$269KREV GLENN CLARYVP OF STRATEGIC P'SHIPS&ALLIA$268KMR CRAIG PETTITTVP OF REAL ESTATE MANAGEMENT$266KDR LAWRENCE HINEEVP OF STUDENT AFFAIRS$264KMR BRIAN MENTZEREVP OF DEVELOPMENT$252KMR SHON MULDROWFORMER KEY EMPLOYEE$228KMR SCOTT SPEARVP OF FINANCE & ADMINISTRATION$226KMRS ASHLEY REICHSVP OF UNIVERSITY COMPLIANCE$217KMR MATT COOPERVP OF STUDENT FINANCIAL SERVIC$183KMR ANTHONY BECKLESTRUSTEE/ONLINE CHAIR$113KDR BRIAN AUTRYTRUSTEE & ADJUNCT PROFESSOR$56KDR JOHN BOREK JRTRUSTEE & ADJUNCT PROFESSOR$39KDR DAVID RHODENHIZERTRUSTEE$29KMR WILLIAM TINNEYTRUSTEE$26KEVANGELIST TIM LEETRUSTEE$26KMR GILBERT TINNEY JRFORMER TRUSTEE$19KEVANGELIST WILLIAM F…TRUSTEE$16KMR CHRIS RHODENHIZERTRUSTEE$12KMR JEFFERY S YAGERTRUSTEE$12KDR DON CRAINTRUSTEE$10KDR JACK GRAHAMTRUSTEE$4KDR ALLEN MCFARLANDTRUSTEE$2KDR RICHARD G LEETRUSTEE$974MR CARROLL HUDSONTRUSTEE$750MR WILLIAM E WESTOVERTRUSTEE$250MR JEFFREY F BENSONTRUSTEE$125

From 2024 filing

NameTitleHoursCompensation
MR JAMES CHADWELLHEAD COACH - FOOTBALL55$5,877,112
MR RITCHIE L MCKAYHEAD COACH - BASKETBALL55$1,857,202
MR IAN MCCAWVP & DIRECTOR OF ATHLETICS55$905,748
PASTOR JONATHAN FALWELLTRUSTEE/CHANCELLOR30$822,573
DR JERRY PREVOTRUSTEE/PRESIDENT EMERITUS42$784,082
DR ROBERT RITZCHIEF FIN. OFFICER/TREASURER53$732,062
DR RONALD KENNEDYEVP FOR ENROLLMENT & MARKETING55$548,194
DR DONDI COSTINTRUSTEE/PRESIDENT55$556,191
MR DAVID CORRYGENERAL COUNSEL/SECRETARY55$475,845
MR JOHN CURTISASSISTANT COACH - FOOTBALL55$495,102
DR SCOTT HICKSPROVOST & CHIEF ACADEMIC OFF.54$469,749
MR WILLIAM KORNASSISTANT COACH - FOOTBALL55$455,962
DR MARK F HORSTEMEYERDEAN, SCHOOL OF ENGINEERING55$420,530
MR JOHN GAUGERCIO & EVP Analytics55$430,716
MR STEVE FOSTEREVP OF HUMAN RESOURCES55$369,528
MRS CINDY GAEBESVP OF FIN.& CHIEF INVEST OFF.50$391,544
MR CHARLES SPENCESVP OF CAMPUS FACILITIES & TRA54.5$285,733
MR DANIEL DETERVP OF MAJOR CONSTRUCTION55$316,428
REV GLENN CLARYVP OF STRATEGIC P'SHIPS&ALLIA55$268,455
MR DON MOONFORMER KEY EMPLOYEE40$268,713
MR CRAIG PETTITTVP OF REAL ESTATE MANAGEMENT54$266,174
DR LAWRENCE HINEEVP OF STUDENT AFFAIRS53$264,338
MR DANIEL APPLEWHITEDEPUTY GEN. COUNSEL/ASST. SECY55$269,162
MR BRIAN MENTZEREVP OF DEVELOPMENT55$251,835
MR SHON MULDROWFORMER KEY EMPLOYEE40$228,188
MRS ASHLEY REICHSVP OF UNIVERSITY COMPLIANCE55$216,677
MR SCOTT SPEARVP OF FINANCE & ADMINISTRATION53$226,275
MR MATT COOPERVP OF STUDENT FINANCIAL SERVIC55$183,311
MR ANTHONY BECKLESTRUSTEE/ONLINE CHAIR43$113,389
DR BRIAN AUTRYTRUSTEE & ADJUNCT PROFESSOR27$56,000
DR JOHN BOREK JRTRUSTEE & ADJUNCT PROFESSOR27$39,200
DR DAVID RHODENHIZERTRUSTEE3$28,747
MR WILLIAM TINNEYTRUSTEE2$25,984
EVANGELIST TIM LEETRUSTEE3$25,958
MR GILBERT TINNEY JRFORMER TRUSTEE—$18,668
EVANGELIST WILLIAM F GRAHAMTRUSTEE2$15,860
MR CHRIS RHODENHIZERTRUSTEE1$12,290
MR JEFFERY S YAGERTRUSTEE2$11,900
DR DON CRAINTRUSTEE2$9,775
DR JACK GRAHAMTRUSTEE2$3,500
DR ALLEN MCFARLANDTRUSTEE1$1,500
DR RICHARD G LEETRUSTEE1$974
MR CARROLL HUDSONTRUSTEE3$750
MR WILLIAM E WESTOVERTRUSTEE1$250
MR JEFFREY F BENSONTRUSTEE4$125
MRS GAYE OVERTON BENSONTRUSTEE2—
MR JOHN HEATHTRUSTEE2—
MS ANGELA JORDANTRUSTEE1—
DR GENE MIMSTRUSTEE2—
MS PENNY NANCETRUSTEE2—
MR RICHARD OSBORNETRUSTEE3—
MR GALEN PEEL SRTRUSTEE1—
DR HAROLD RAWLINGSTRUSTEE1—
DR DWIGHT REIGHARDTRUSTEE2—
DR JERRY VINESTRUSTEE3—
MR GILBERT TINNEYTRUSTEE2—

Subject Areas

Focus areas based on grantmaking activity

Education

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

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