EIN 56-0543261

Montreat College

IRS 501(c) type
501(c)(3)
Num. employees
337
Year formed
1947
Most recent tax filings
2024-06-01
Description
Montreat College is an independent, Christ-centered, liberal arts institution that educates students through intellectual inquiry, spiritual formation, and preparation for calling and career.
Total revenues
$50,474,167
2024
Total expenses
$40,105,166
2024
Total assets
$76,510,444
2024
Num. employees
337
2024

Program areas at Montreat College

The College provides a broad, rigorous liberal arts curriculum with an emphasis on traditional and selected undergraduate and graduate professional degree programs, including degree programs for adult learners and programs at geographically distant locations. Ourstatements of mission, vision and faith have formed the following educational objectives at Montreat college.1.that students will develop an informed, biblical world view including the following:- the sovereignty of god over all creation and knowledge;- a lifestyle of christian service to others and the community;- the recognition of the intrinsic worth of self and all persons;- a genuine critical openness to the ideas and beliefs of others;- the formation of values and ethical reasoning;- an appreciation for what is beautiful, true and good in the arts and literature;-a respect for and attitude of stewardship toward the whole of creation;- an understanding of the past and its interconnectedness with the present and future.2. That students will demonstrate effective written and oral communication skills.3. That students will demonstrate critical thinking and problem-solving skills.4. That students will demonstrate essential computer information systems skills.5. That students will demonstrate competency in their academic majors.6. That students will develop interpersonal and team skills and an understanding and appreciation of their personal strengths and weaknesses.7. That students will become reflective and responsible citizens, effective leaders, and committed laity.
To provide scholarships and similar financial aid - in fiscal year 2024, there were institutional awards to 725 students.

Who funds Montreat College

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Samaritan's PurseMissionary Assist.$856,017
The Generosity TrustIn Furtherance of Foundation's Purposes$624,702
Dogwood Health TrustLeveraging A Powerful Partnership for WNC Workforce Development.$371,999
...and 43 more grants received totalling $3,838,539

Financials for Montreat College

RevenuesFYE 06/2024
Total grants, contributions, etc.$18,296,438
Program services$30,018,883
Investment income and dividends$1,689,563
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-64,479
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$533,762
Total revenues$50,474,167

Organizations like Montreat College

OrganizationLocationRevenue
Northwest Nazarene University (NNU)Nampa, ID$76,555,586
Young Harris College (YHC)Young Harris, GA$47,269,562
Roberts Wesleyan UniversityRochester, NY$54,537,055
University of Portland (UP)Portland, OR$240,137,837
Oklahoma Christian UniversityOklahoma City, OK$70,414,614
Susquehanna UniversitySelinsgrove, PA$174,259,719
Otterbein UniversityWesterville, OH$103,702,093
Anderson University (AU)Anderson, SC$148,382,342
Ashland UniversityAshland, OH$132,317,462
Linfield UniversityMcminnville, OR$110,224,710
Data update history
May 29, 2025
Received grants
Identified 7 new grant, including a grant for $371,999 from Dogwood Health Trust
January 14, 2025
Received grants
Identified 15 new grant, including a grant for $624,702 from The Generosity Trust
November 24, 2024
Received grants
Identified 4 new grant, including a grant for $856,017 from Samaritan's Purse
October 12, 2024
Updated personnel
Identified 9 new personnel
August 26, 2024
Received grants
Identified 8 new grant, including a grant for $100,000 from The Abundant Life Foundation
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
ChristianReligiousOperates internationallyReceives government fundingEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
PO Box 1267
Montreat, NC 28757
Metro area
Asheville, NC
County
Buncombe County, NC
Website URL
montreat.edu/ 
Phone
(828) 669-8012
Facebook page
montreatcollege 
Twitter profile
@montreatcollege 
IRS details
EIN
56-0543261
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1947
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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