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: Verified by RoundPaper

FY 2023

Verified NonprofitLast Filed 2023EIN 56-0532303

Elon University

Elon, NCNTEE: B430Founded 1889Website

mission statement

Elon university's mission is to transform the mind, body, and spirit and encourage freedom of thought and liberty of conscience. The university provides a liberal arts undergraduate curriculum and graduate programs.

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Total Revenue

$413.0M

FY 2023

Program Spending

85.9%

of total expenses

Known Funders

288

2019–2024 filings

Key Metrics (FY 2023)

The Numbers

$1.2B

Total Assets

$905.4M net

27.28 mo

Operating Reserves

FY 2023

+6%

Revenue Growth

YoY

4799

Total Employees

FY 2023

Funding Track Record

Backed by 288 Institutional Funders

$41.0M raised across 874 grants · +$3.1M committed (2019–2024 filings)

Funder Geography

Funders across 35 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$3,290,524
National Philanthropic Trust	JENKINTOWN, PA	$2,996,378
Louis Dejoy and Aldona Z Wos Family Foundation Inc	GREENSBORO, NC	$2,695,102
National Collegiate Athletic Association	Indianapolis, IN	$2,502,477
Morgan Stanley Global Impact Funding Trust Inc	INDIANAPOLIS, IN	$2,051,217
Endeavor Foundation Inc	NEW YORK, NY	$1,780,000 +$2,350,000 committed
The McMichael Family Foundation	MADISON, NC	$1,594,000
Lettie Pate Whitehead Foundation Inc	Atlanta, GA	$1,500,000
The Maurice J Koury Foundation Inc	BURLINGTON, NC	$1,157,500
Donor Advised Charitable Giving Inc	SAN FRANCISCO, CA	$1,134,626

Total tracked: $41,005,322 across 874 grants · +$3,128,541 committed across 16 commitments (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2023)

What They Do

$218.5M in expenses

Instruction - expenses related to providing the primary purpose of education for undergraduate and graduate students.

$57.3M in expenses

Student services - expenses related to the primary purpose of contributing to students' emotional and physical well-being and intellectual, cultural, and social development. Athletics is included within this division.

$54.8M in expenses

Auxiliary services - expenses related to the function of furnishing goods or services to students, faculty, or staff. Examples are residence halls and food services.

$11.5M in expenses

Academic support - expenses incurred to provide support services for the institution's primary mission of instruction, including the library, media services, and technology.

Financial History