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: Verified by RoundPaper

FY 2023

Verified NonprofitLast Filed 2023EIN 62-0479189

Carson-Newman University

JEFFERSON CITY, TNNTEE: B420Founded 1851Website

mission statement

Mission of challenge, nurture, community: carson-newman college offers a christian, liberal arts education in an environment that encourages open intellectual inquiry and deeper spiritual maturity. Students receive a personalized education in small classes. Caring faculty and staff mentors get to know and nurture each student. We seek to instill christian values in our students and inspire them to use unique gifts for a lifetime of service. The historic baptist distinctives of religious liberty, personal responsibility, and compassion for others create a welcoming community that fosters a sense of belonging. The cultural heritage and geographic beauty of the appalachian region enriches the carson-newman experience, and the college contributes to the environmental preservation adn economic development of this national treasure. Vision: to become a premier christian liberal arts college with a world-wide impact.

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Total Revenue

$58.7M

FY 2023

Program Spending

84.4%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2023)

The Numbers

$178.7M

Total Assets

$122.0M net

26.33 mo

Operating Reserves

FY 2023

+2%

Revenue Growth

YoY

1142

Total Employees

FY 2023

Funding Track Record

Backed by 35 Institutional Funders

$12.2M raised across 89 grants (2019–2024 filings)

Funder Geography

Funders across 20 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Ted and Drama Russell Family Foundation	KNOXVILLE, TN	$8,108,900
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$1,979,973
Lettie Pate Whitehead Foundation Inc	Atlanta, GA	$755,000
Natl Christian Charitable Fdn Inc	ALPHARETTA, GA	$355,000
East Tennessee Foundation	KNOXVILLE, TN	$202,100
Christian Relief Services Charities Inc	ALEXANDRIA, VA	$193,700
Global Prison Seminaries Foundation Inc	WALKER, LA	$150,000
National Collegiate Athletic Association	Indianapolis, IN	$67,305
Servant Foundation	OVERLAND PARK, KS	$60,000
Vanguard Charitable Endowment Program	SOUTHEASTERN, PA	$39,917

Total tracked: $12,176,757 across 89 grants (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

— in expenses

Carson-newman college is a private, christian-based liberal-arts not-for- profit institution of higher education which is operated under the auspices of the tennessee baptist convention. The college provides undergraduate and graduate instruction to approximately 2,735 students, academic support that includes library services, tutoring, and english instruction for speakers of other languages.

— in expenses

Carson-newman college provides student services that include admissions, orientation, registration, financial-aid assistance counseling, academic support and career counseling, psychological counseling, intramural programs, and inter-collegiate athletics.

— in expenses

Carson-newman college provides auxiliary enterprises taht include housing for approximately 751 full-time students residential students, food service, a bookstore, and facilities for summer programs operated by lifeway ministries for approximately 400 children.

$46.9M in expenses

Carson-newman college integrates its students into benevolent ministries that it operates to service the indigent (appalachian outreach sponsors mission trips, provides home repair, a food pantry, clothing, household goods and educational programs that include tutoring and life skills training and its samaritan house provides temporary housing for homeless families in east tennessee).

Financial History