Nonprofit · EIN 23-7219782
RADFORD UNIVERSITY FOUNDATION INC
Tax-exempt · RADFORD, VA 24141
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,836,573 | $6,739,351 | -$4,902,778 | $125,843,056 | $13,708,064 | $112,134,992 |
| June 30, 2024 | 990 | $7,152,914 | $6,059,759 | $1,093,155 | $118,722,772 | $13,965,384 | $104,757,388 |
| June 30, 2023 | 990 | $8,055,218 | $6,011,339 | $2,043,879 | $110,551,729 | $15,360,277 | $95,191,452 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $6,283,280
- Program service revenue
- $294,275
- Investment income
- -$4,181,979
- Net rental income
- -$559,003
- Net gain from sales of assets
- -$6,041,446
- Other revenue
- -$559,003
Expenses
- Grants and similar amounts paid
- $4,026,060
- Compensation of officers, directors and key employees
- $417,286
- Other salaries and wages
- $134,057
- Salaries, compensation and benefits (total)
- $655,042
- Professional fundraising fees
- $0
- Legal fees
- $63,248
- Accounting fees
- $26,450
- Occupancy
- $14,215
- Travel
- $72,043
- Depreciation
- $1,028
- Program services (functional)
- $5,559,194
- Management and general (functional)
- $990,584
- Fundraising (functional)
- $189,573
Balance sheet and other
- Total assets, start of year
- $118,722,772
- Total assets, end of year
- $125,843,056
- Total liabilities, end of year
- $13,708,064
- Net assets, end of year
- $112,134,992
- Land, buildings and equipment
- $14,262,576
- Publicly traded securities
- $79,685,879
- Net assets without donor restrictions
- $19,083,088
- Net assets with donor restrictions
- $93,051,904
- Gross unrelated business income
- $15,819
- Gross receipts
- $12,021,993
- Employees
- 6
- Volunteers
- 30
- Year formed
- 1972
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN F COX JR | CHIEF EXECUTIVE OFFICER Officer | 40 | $242,226 | $16,619 |
| DEREK NEAL | CHIEF FINANCIAL OFFICER Officer | 40 | $148,009 | $10,432 |
| JAY KENSLOW | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM MCNULTY | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ALLISON FELIX | BOARD TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| JOHN CHOMEAU | BOARD SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JOANN CRAIG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHAEL DONNELLY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBERT FOX | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTOPHER CONTE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JEFF MACKINNON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NANCY RICE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LINDA WHITLEY TAYLOR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| W MARK RADER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CURTIS MARTIN II | DIRECTOR Trustee or director | 2 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AUDRA SHEKLETON | DIRECTOR Trustee or director | 2 | $0 |
| BRET DANILOWICZ RU PRESIDENT | DIRECTOR Trustee or director | 2 | $0 |
| ROB HOOVER RU CFO VP | DIRECTOR Trustee or director | 2 | $0 |
| DR BETHANY USHER RU PROVOST VP | DIRECTOR Trustee or director | 2 | $0 |
| PENNY WHITE RU VP ADVANCEMENT | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN F COX JR | CHIEF EXECUTIVE OFFICER Officer | 40 | $220,204 | $13,660 |
| DEREK NEAL | CHIEF FINANCIAL OFFICER Officer | 40 | $131,101 | $8,632 |
| JAY KENSLOW | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM MCNULTY | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ALLISON FELIX | BOARD TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| JOHN CHOMEAU | BOARD SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MARQUETT SMITH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHAEL DONNELLY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBERT FOX | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTOPHER CONTE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHELLE O'CONNOR THRU 62024 | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JEFF MACKINNON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NANCY RICE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LINDA W TAYLOR START 62124 | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARK RADER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CURTIS MARTIN II | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AUDRA SHEKLETON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRET DANILOWICZ RU PRESIDENT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROB HOOVER RU CFO VP | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BETHANY USHER RU PROVOST VP | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PENNY WHITE RU VP ADVANCEMENT | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN F COX JR | CHIEF EXECUTIVE OFFICER Officer | 40 | $182,003 | $11,655 |
| DEREK NEAL | CHIEF FINANCIAL OFFICER Officer | 40 | $117,289 | $13,859 |
| MICHELLE O'CONNOR | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JAY KENSLOW | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM MCNULTY | BOARD TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| JOHN CHOMEAU | BOARD SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MARQUETT SMITH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHAEL DONNELLY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBERT FOX | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRISTOPHER CONTE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ALLISON FELIX | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JEFF MACKINNON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NANCY RICE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RACHEL D FOWLKES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARK RADER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CURTIS MARTIN II | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AUDRA SHEKLETON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRET DANILOWICZ RU PRESIDENT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STEPHANIE JENNELLE INTERIM CFO VP | DIRECTOR THRU 2/28/23 Trustee or director | 2 | $0 | $0 |
| ROB HOOVER RU CFO VP | DIRECTOR BEGINS 3/1/23 Trustee or director | 2 | $0 | $0 |
| MARTEN DENBOER INTERIM RU PROVOST-V | DIRECTOR THRU 5/31/23 Trustee or director | 2 | $0 | $0 |
| BETHANY USHER RU PROVOST VP | DIRECTOR BEGINS 6/1/23 Trustee or director | 2 | $0 | $0 |
| PENNY WHITE RU VP ADVANCEMENT | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 905 TYLER AVE, RADFORD, VA 24141-3223
- Principal officer (990 for 2024)
- DEREK R NEAL, 905 TYLER AVENUE, RADFORD, VA 24141
- Signed the 990
- DEREK R NEAL, CHIEF EXECUTIVE OFFICER
- Phone
- (540) 831-6573
- Return prepared by
- BROWN EDWARDS & COMPANY LLP
Mission
TO SUPPORT RADFORD UNIVERSITY
Program accomplishments
- UNIVERSITY SUPPORT: PURCHASE OF EQUIPMENT AND SUPPLIES FOR THE COLLEGES AND DEPARTMENTS CAPITAL UPGRADE OF THE UNIVERSITY'S FACILITIES AND BASEBALL FIELD PAYMENTS TO SUPPLEMENT UNIVERSITY PERSONNEL SALARIES AND BENEFITS SPEAKERS FOR AND SPONSORSHIP OF UNIVERSITY EVENTSExpenses $2,631,786 · grants $1,098,652 · revenue $294,275
- SCHOLARSHIPS AND SPECIAL AWARDS: BENEFITTING STUDENTS AND FACULTY MEMBERS OF RADFORD UNIVERSITYExpenses $2,927,408 · grants $2,927,408
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7219782
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1973
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B43I)
- Assets (IRS master file)
- $125,843,056
- Income (IRS master file)
- $12,021,993
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,836,573 | $6,739,351 | $125,843,056 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $7,152,914 | $6,059,759 | $118,722,772 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $8,055,218 | $6,011,339 | $110,551,729 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $8,860,499 | $5,647,750 | $106,307,354 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7219782).
Questions about RADFORD UNIVERSITY FOUNDATION INC
- What is the EIN of RADFORD UNIVERSITY FOUNDATION INC?
- The employer identification number (EIN) of RADFORD UNIVERSITY FOUNDATION INC is 23-7219782.
- Is RADFORD UNIVERSITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
- Are donations to RADFORD UNIVERSITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RADFORD UNIVERSITY FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RADFORD UNIVERSITY FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RADFORD UNIVERSITY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of RADFORD UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names DEREK R NEAL.
- Who are the officers and directors of RADFORD UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 20 people; 2 received compensation from the organization, the highest $242,226 (JOHN F COX JR, CHIEF EXECUTIVE OFFICER).
- How much revenue does RADFORD UNIVERSITY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,836,573, expenses of $6,739,351 and total assets of $125,843,056 at year end.
Other nonprofits in RADFORD
- LUNCH PAIL DEFENSE FOUNDATION INC EIN 27-0943718 · last filed 990-PF for 2025
- RADFORD HIGH SCHOOL FOUNDATION INC EIN 54-1386719 · last filed 990 for 2024
- WESTERN VIRGINIA PUBLIC EDUCATION FOUNDATION EIN 54-2061547 · last filed 990-EZ for 2025
- RADFORD CITY SCHOOLS PARTNERS FOR EXCELLENCE EIN 46-1373209 · last filed 990 for 2025
- KIM JONES MEMORIAL FUND INC EIN 47-3528506 · last filed 990-EZ for 2024
- VIRGINIA STATE FIRE & EMS ASSOCIATION EIN 26-3203508 · last filed 990-N for 2024
- MCHARG ELEMENTARY SCHOOL PARENT SCHOOL ASSOCIATION EIN 05-0583144 · last filed 990-N for 2024
- ISABEL HENDRIX FOUNDATION EIN 86-1297442 · last filed 990-N for 2025