Jefferson Scholars Foundation
82% goes to programs $8 to raise $100 Strong reserves
Jefferson Scholars Foundation is a 501(c)(3) organization based in Charlottesvle, Virginia, registered in 2001, with $36,641,682 in FY2024 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
112 Clarke Ct, Charlottesvle, VA, 22903 EIN 31-1755873 Since 2001
Revenue (FY2024)
$36.6M
▲ 10.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$39.6M
Net assets
$805.6M
Employees
24
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating82% to programs · $8 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Jefferson Scholars Foundation: 82% to programs · $8 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating244 mo reserves · -8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Jefferson Scholars Foundation: 244 mo reserves · -8% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Jefferson Scholars Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Jefferson Scholars Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
The jefferson scholars foundation (foundation) provides academic merit-based scholarship, fellowship and professorship support to students and faculty at the university of virginia (uva).
Contact & location
- Address
- 112 Clarke Ct, Charlottesvle, VA, 22903
- City
- Charlottesvle
- State
- Virginia
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $12.9M (FY2013) to $36.6M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $93.5MNet assets $805.6M
Operating margin
-8.0%
Spent more than it raised in the latest fiscal year.
Total assets
$899.1M
Total liabilities
$93.5M
Net assets
$805.6M
Salaries & benefits
$5.4M
14% of expenses
Board members
29
29 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $36,641,682▲10.5% | $39,581,142▲22.2% | $805,620,303▲10.8% | $899,123,680▲10.6% | 990 |
| 2023 | $33,151,366▼1.0% | $32,396,019▼4.5% | $727,286,646▲6.8% | $813,049,948▲6.3% | 990 |
| 2022 | $33,501,224▼8.5% | $33,928,905▲31.9% | $680,907,773▼1.9% | $764,689,436▲0.4% | 990 |
| 2020 | $36,629,374▲94.2% | $25,722,375▲25.4% | $694,019,139▲43.5% | $761,742,846▲39.1% | 990 |
| 2019 | $18,860,748▼82.4% | $20,517,300▼4.7% | $483,569,740▲2.6% | $547,483,075▲3.2% | 990 |
| 2018 | $106,985,067▲841% | $21,531,318▲20.5% | $471,165,989▲28.1% | $530,655,981▲25.0% | 990 |
| 2017 | $11,363,472▼57.7% | $17,865,721▼4.5% | $367,917,107▲9.3% | $424,436,388▲7.7% | 990 |
| 2016 | $26,835,640▲102% | $18,707,769▲12.0% | $336,725,283▲15.6% | $394,206,233▲12.7% | 990 |
| 2015 | $13,299,521▲47.9% | $16,709,781▼11.0% | $291,241,333▼4.0% | $349,638,149▼2.4% | 990 |
| 2014 | $8,989,797▼30.2% | $18,782,066▲17.7% | $303,478,079▲3.0% | $358,098,213▲3.9% | 990 |
| 2013 | $12,887,060 | $15,956,396▼0.4% | $294,510,502▲16.5% | $344,642,318▲14.3% | 990 |
| 2012 | — | $16,018,977 | $252,741,293 | $301,393,198 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: James H Wright — $1,073,848 (2.71% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| James H Wright | President/secretary/treasu | 40 | $1,073,848 |
| S Patrick Ingram | Director of Development | 40 | $336,943 |
| Benjamin B Skipper | Director of Jefferson Scholars Program and Alumni | 40 | $256,098 |
| Helen M Dwyer | Assistant Secretary | 40 | $235,722 |
| Robbyn L Callahan | Assistant Treasurer | 40 | $206,041 |
| Jamala Massenburg | Director, Graduate Fellows Program | 40 | $203,096 |
| Kevin E Murray | Director of Gift Planning | 40 | $163,451 |
| Christine E Patrick | Associate Director of Development | 40 | $141,088 |
| Joyce Carman | Director of Communications | 40 | $132,593 |
| Lew Burrus | Director of Technology | 40 | $131,078 |
| Allison C Dinardo | Foundation Board of Direct | 1 | — |
| Anne W Poole | Foundation Board of Direct | 1 | — |
| Bruce A Miller | Foundation Board of Direct | 2 | — |
| Dave Stevens | Foundation Board of Direct | 2 | — |
| Deborah H Valentine | Foundation Board of Direct | 1 | — |
| Dr Shan Wu | Foundation Board of Direct | 1 | — |
| E Courtney Johnson | Foundation Board of Direct | 2 | — |
| Franklin S Edmonds Jr | Vice-chairman of the Board | 3 | — |
| James E Ryan | Foundation Board of Direct | 1 | — |
| J Dale Harvey II | Foundation Board of Direct | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Uva Investment Management Company | Investment Management | $1,206,387 |
| Colliers International Asset Services L | Building Maintenance | $134,370 |
| Journey Group Inc | Marketing & Communication | $125,614 |
| Adcs Holdings LLC DBA the Catering Outfi | Event Catering | $109,262 |
| Covington Travel Service Inc | Travel Arrangements | $102,241 |
Grants received · $31.9M total
146 grants to Jefferson Scholars Foundation totaling $31.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $100,000 |
| The Community Foundation Inc | Educational success | 2024 | $50,525 |
| The Seattle Foundation | For the benefit of jefferson scholars from washington state. | 2024 | $46,696 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $27,750 |
| American Online Giving Foundation Inc | General support | 2024 | $27,108 |
| Ayco Charitable Foundation | Education | 2024 | $23,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $20,500 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $20,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $2,159,600 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $1,221,201 |
| National Philanthropic Tr | Public, societal benefit | 2023 | $1,100,000 |
| Goldman Sachs Charitable Gift Fund | Educational programs & other student svc | 2023 | $600,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $160,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $151,000 |
| Foundation For the Carolinas | Charitable gift | 2023 | $135,000 |
Grants made · $30K in FY2016
1 grant totaling $30K in FY2016. All grants made by Jefferson Scholars Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Princeton Survey Research Associates International | Autism research | $29,500 |
Similar organizations in Philanthropy
Philanthropy
Charlottesville Area Community Foundation
Charlottesvle, VA
$39.0M
Aannual revenue
Philanthropy
Virginia Institute of Autism Incorporated
Charlottesvle, VA
$30.6M
Bannual revenue
Philanthropy
The Pauley Family Foundation
Richmond, VA
$29.0M
Aannual revenue
Philanthropy
Eo Companies
Abingdon, VA
$28.9M
Bannual revenue
Philanthropy
The Rosser Foundation A Pure Charitable Trust and Public Charit
Newport News, VA
$28.8M
Bannual revenue
Philanthropy
Friendship Foundation
Roanoke, VA
$27.8M
Bannual revenue
- Philanthropy
College Foundation of the University of Virginia
Charlottesvle, VA
$46.9M
Bannual revenue
Philanthropy
Hampton Roads Community Foundation
Norfolk, VA
$20.0M
Dannual revenue
Philanthropy
United Charitable
Ashburn, VA
$19.7M
Aannual revenue
Philanthropy
United Way of the National Capital Area
Vienna, VA
$19.2M
C+annual revenue
Compare Jefferson Scholars Foundation
Frequently asked questions
- Is Jefferson Scholars Foundation a legitimate nonprofit?
- Yes. Jefferson Scholars Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-1755873, based in Charlottesvle, Virginia. Donations are tax-deductible.
- What is Jefferson Scholars Foundation's EIN?
- Jefferson Scholars Foundation's Employer Identification Number (EIN) is 31-1755873.
- How much revenue does Jefferson Scholars Foundation report?
- Jefferson Scholars Foundation reported $36,641,682 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Jefferson Scholars Foundation's spending goes to programs?
- Jefferson Scholars Foundation spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Jefferson Scholars Foundation have?
- CharityIndex grades Jefferson Scholars Foundation A, based on program efficiency and fundraising cost.
- How much does Jefferson Scholars Foundation's highest-paid employee make?
- The highest reported compensation on Jefferson Scholars Foundation's latest Form 990 is $1,073,848, paid to James H Wright (President/secretary/treasu).
More nonprofits in Charlottesvle
Explore more
Data for Jefferson Scholars Foundation (EIN 31-1755873) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.