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Liberty University Inc

Foundation · Grantmaker Lynchburg, VA EIN: 54-0946734 Website

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

Key facts about Liberty University Inc

EIN
54-0946734
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$520,638
Grants made (2024)
12
Average grant
$43,387
Median grant
$10,000
New grantees (estimate)
58% first-time grantees (7 of 12, 2024)
Total assets
$4,612,068,688
Primary geography
Virginia (98% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Liberty University Inc funds

By grant dollars, the top recipient states for Liberty University Inc's 12 itemized 2024 grants were Virginia (98%). The most frequent recipient cities were Lynchburg, VA (8 grants). None of its 12 grants with a stated purpose were described as general or operating support. Recurring purposes include "supportive christian organization" (7 grants) and "community support" (4 grants).

Is Liberty University Inc open to new grantees?

58%

first-time grantees, 2024

In 2024, 7 of 12 grantees (58%) were first-time recipients. First grants averaged $11K; repeat grants $89K. How we count

Medians: $10K first-time, $36K repeat.

  • 25% of 2024 grantees were also funded in 2023. Method
  • Giving fell 53% from 2021 to 2024. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Liberty University Inc

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states

Share of all 12 itemized 2024 grant dollars.

Cities

LynchburgSaint PetersburgCantonForestGarlandGrand RapidsSpringfieldBooneWichita FallsAlpharettaAustinChesapeakeConcordCoon RapidsDuluthEverettHoustonOliver SpringOrlandoProvidence

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———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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: $200KLynchburg Beacon of Hope$200KLiberty University Foundation: $200KLiberty University Foundation$200KOld Time Gospel Hour: $36KOld Time Gospel Hour$36KCity of Lynchburg Police Foundation: $25KCity of Lynchburg PoliceFoundation$25KLynchburg City Schools Education Fo: $10KLynchburg City SchoolsEducation Fo$10KPromise Ranch LLC: $10KPromise Ranch LLC$10KMiller Home of Lynchburg: $10KMiller Home of Lynchburg$10KKiwanis Club of Lynchburg Foundation: $8KKiwanis Club of LynchburgFoundation$8KHope Out Loud: $6KHope Out Loud$6KBlue Ridge Pregnancy: $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

Among its reported 2024 grants, the largest recipients include Lynchburg Beacon of Hope ($200,000), Liberty University Foundation ($200,000), Old Time Gospel Hour ($35,500).

RecipientPurposeAmount
LYNCHBURG BEACON OF HOPE Lynchburg, VAcommunity support$200,000
LIBERTY UNIVERSITY FOUNDATION Lynchburg, VAsupportive christian organization$200,000
OLD TIME GOSPEL HOUR Lynchburg, VAsupportive christian organization$35,500
CITY OF LYNCHBURG POLICE FOUNDATION Lynchburg, VAcommunity support$25,000
LYNCHBURG CITY SCHOOLS EDUCATION FO Lynchburg, VAcommunity support$10,000
PROMISE RANCH LLC Concord, VASUPPORTIVE CHRISTIAN ORGANIZATION$10,000
MILLER HOME OF LYNCHBURG Lynchburg, VAsupportive christian organization$10,000
KIWANIS CLUB OF LYNCHBURG FOUNDATION Lynchburg, VAcommunity support$7,686
HOPE OUT LOUD Forest, VAsupportive christian organization$6,229
BLUE RIDGE PREGNANCY Lynchburg, VAsupportive christian organization$5,960

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Mr James Chadwell — Head Coach - Football: $5.9MMr James ChadwellHead Coach - Football$5.9MMr Ritchie L McKay — Head Coach - Basketball: $1.9MMr Ritchie L McKayHead Coach - Basketball$1.9MMr Ian McCaw — VP & Director of Athletics: $906KMr Ian McCawVP & Director of Athletics$906KPastor Jonathan Falwell — Trustee/Chancellor: $823KPastor Jonathan FalwellTrustee/Chancellor$823KDr Jerry Prevo — Trustee/President Emeritus: $784KDr Jerry PrevoTrustee/President Emeritus$784KDr Robert Ritz — Chief Fin. Officer/Treasurer: $732KDr Robert RitzChief Fin. Officer/Treasurer$732KDr Dondi Costin — Trustee/President: $556KDr Dondi CostinTrustee/President$556KDr Ronald Kennedy — EVP for Enrollment & Marketing: $548KDr Ronald KennedyEVP for Enrollment & Marketing$548KMr John Curtis — Assistant Coach - Football: $495KMr John CurtisAssistant Coach - Football$495KMr David Corry — General Counsel/Secretary: $476KMr David CorryGeneral Counsel/Secretary$476KDr Scott Hicks — Provost & Chief Academic Off.: $470KDr Scott HicksProvost & Chief Academic Off.$470KMr William Korn — Assistant Coach - Football: $456KMr William KornAssistant Coach - Football$456KMr John Gauger — CIO & EVP Analytics: $431KMr John GaugerCIO & EVP Analytics$431KDr Mark F Horstemeyer — Dean, School of Engineering: $421KDr Mark F HorstemeyerDean, School of Engineering$421KMrs Cindy Gaebe — SVP of Fin.& Chief Invest Off.: $392KMrs Cindy GaebeSVP of Fin.& Chief Invest Off.$392KMr Steve Foster — EVP of Human Resources: $370KMr Steve FosterEVP of Human Resources$370KMr Daniel Deter — VP of Major Construction: $316KMr Daniel DeterVP of Major Construction$316KMr Charles Spence — SVP of Campus Facilities & Tra: $286KMr Charles SpenceSVP of Campus Facilities & Tra$286KMr Daniel Applewhite — Deputy Gen. Counsel/Asst. Secy: $269KMr Daniel ApplewhiteDeputy Gen. Counsel/Asst. Secy$269KMr Don Moon — Former Key Employee: $269KMr Don MoonFormer Key Employee$269KRev Glenn Clary — VP of Strategic P'SHIPS&ALLIA: $268KRev Glenn ClaryVP of Strategic P'SHIPS&ALLIA$268KMr Craig Pettitt — VP of Real Estate Management: $266KMr Craig PettittVP of Real Estate Management$266KDr Lawrence Hine — EVP of Student Affairs: $264KDr Lawrence HineEVP of Student Affairs$264KMr Brian Mentzer — EVP of Development: $252KMr Brian MentzerEVP of Development$252KMr Shon Muldrow — Former Key Employee: $228KMr Shon MuldrowFormer Key Employee$228KMr Scott Spear — VP of Finance & Administration: $226KMr Scott SpearVP of Finance & Administration$226KMrs Ashley Reich — SVP of University Compliance: $217KMrs Ashley ReichSVP of University Compliance$217KMr Matt Cooper — VP of Student Financial Servic: $183KMr Matt CooperVP of Student Financial Servic$183KMr Anthony Beckles — Trustee/Online Chair: $113KMr Anthony BecklesTrustee/Online Chair$113KDr Brian Autry — Trustee & Adjunct Professor: $56KDr Brian AutryTrustee & Adjunct Professor$56KDr John Borek Jr — Trustee & Adjunct Professor: $39KDr John Borek JrTrustee & Adjunct Professor$39KDr David Rhodenhizer — Trustee: $29KDr David RhodenhizerTrustee$29KMr William Tinney — Trustee: $26KMr William TinneyTrustee$26KEvangelist Tim Lee — Trustee: $26KEvangelist Tim LeeTrustee$26KMr Gilbert Tinney Jr — Former Trustee: $19KMr Gilbert Tinney JrFormer Trustee$19KEvangelist William F Graham — Trustee: $16KEvangelist William F…Trustee$16KMr Chris Rhodenhizer — Trustee: $12KMr Chris RhodenhizerTrustee$12KMr Jeffery S Yager — Trustee: $12KMr Jeffery S YagerTrustee$12KDr Don Crain — Trustee: $10KDr Don CrainTrustee$10KDr Jack Graham — Trustee: $4KDr Jack GrahamTrustee$4KDr Allen McFarland — Trustee: $2KDr Allen McFarlandTrustee$2KDr Richard G Lee — Trustee: $974Dr Richard G LeeTrustee$974Mr Carroll Hudson — Trustee: $750Mr Carroll HudsonTrustee$750Mr William E Westover — Trustee: $250Mr William E WestoverTrustee$250Mr Jeffrey F Benson — Trustee: $125Mr Jeffrey F BensonTrustee$125

From 2024 IRS 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

Frequently Asked Questions

What is Liberty University Inc?

Liberty University Inc is a nonprofit organization focused on Education, based in Lynchburg, VA. It holds $4.6B in total assets as of 2024.

How large is Liberty University Inc?

As of 2024, Liberty University Inc holds $4.6B in total assets with $1.8B in annual revenue. It awarded 12 grants totaling $521K in 2024.

Where does Liberty University Inc operate?

Liberty University Inc has awarded grants in Colorado, District of Columbia, Florida, Georgia, Michigan, Minnesota, Missouri, North Carolina, Rhode Island, Tennessee, Texas, Virginia, Washington.

What size grants does Liberty University Inc award?

In 2024, Liberty University Inc awarded 12 grants totaling $521K — an average of about $43K per grant, based on its IRS Form 990 filings.

What is Liberty University Inc's EIN?

Liberty University Inc's EIN (Employer Identification Number) is 54-0946734. IRS Form 990 filing data is available on this page for 2020–2024.

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

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