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DAVIDSON COLLEGE

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Public IRS 990 nonprofit record

DAVIDSON COLLEGE

EIN 56-0529961 · Education (B420)

What they do

UNDERGRADUATE LIBERAL ARTS EDUCATION

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $85.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders48 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

65.72%of revenue went to mission work85.2% of expenses · Program services
4.05%of revenue went to fundraising5.2% of expenses
$77.11spent for every $100 of revenueRevenue covered expenses this year.
7.35%of revenue went to management and office costs9.5% of expenses
$8.80in assets for every $1 spent this yearSome assets cannot be spent right away.
26.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,047,412 for RAYMOND A JACOBSON (CHIEF INVESTMENT OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$295,951,405
Mission workProgram services$194,490,69965.72% of revenue85.2% of expenses
ManagementOffice and general costs$21,758,3037.35% of revenue9.5% of expenses
FundraisingAsking for donations$11,972,7074.05% of revenue5.2% of expenses
Revenue left after expensesReported annual surplus$67,729,69622.89% of revenueShown in gray on the chart
Total expenses$228,221,70977.11% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 85.2% mission · 9.5% management · 5.2% fundraisingTotal expenses: 77.11% of revenue
2023Expense mix: 82.4% mission · 12.5% management · 5.1% fundraisingTotal expenses: 79.23% of revenue
2022Expense mix: 84.1% mission · 10.8% management · 5.1% fundraisingTotal expenses: 95.44% of revenue
2021Expense mix: 85.2% mission · 9.6% management · 5.2% fundraisingTotal expenses: 49.15% of revenue
2020Expense mix: 83.2% mission · 12.5% management · 4.3% fundraisingTotal expenses: 92.68% of revenue
2019Expense mix: 84.7% mission · 8.9% management · 6.4% fundraisingTotal expenses: 83.20% of revenue
2018Expense mix: 84.5% mission · 10.7% management · 4.8% fundraisingTotal expenses: 69.90% of revenue
2017Expense mix: 84.4% mission · 10.1% management · 5.5% fundraisingTotal expenses: 80.32% of revenue

Money in and money out

Revenue$295,951,405
Expenses$228,221,709
Annual surplus $67,729,696 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$194,490,699 · 85.2% of expenses
Management and office costs$21,758,303 · 9.5% of expenses
Fundraising$11,972,707 · 5.2% of expenses
See all reported dollar amounts
Revenue$295,951,405
Expenses$228,221,709
Assets$2,007,739,234
Income$464,907,251
Contributions$77,600,119
Mission work (program services)$194,490,699
Fundraising$11,972,707
Grants given$758,350
Average grant$94,794
Management and general$21,758,303
Stocks and bonds$35,543,358
Accounting fees$332,622
Investing fees$2,736,226
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
RAYMOND A JACOBSONCHIEF INVESTMENT OFFICER $1,047,412Base $996,210 · Other $51,202
DOUGLAS A HICKSPRESIDENT $842,786Base $597,223 · Other $245,563
MATTHEW R MCKILLOPMENS BASKETBALL COACH $533,786Base $489,816 · Other $43,970
DAVID D DEMETERINVESTMENT DIRECTOR $484,352Base $436,603 · Other $47,749
CHRISTOPHER A CLUNIEDIRECTOR OF ATHLETICS $465,962Base $387,431 · Other $78,531
ANTOINETTE P MCCORVEYASST SEC AND VP OF FIN & ADMIN $459,777Base $409,147 · Other $50,630
EILEEN KEELEYVP OF COLLEGE RELATIONS $434,930Base $388,505 · Other $46,425
ROBERT H MCKILLOPFORMER MENS BASKETBALL COACH $434,695Base $419,504 · Other $15,191
SHELLEY E RIGGERVP FOR ACAD AFF & DEAN OF FAC $361,707Base $318,838 · Other $42,869
SARAH PHILLIPSASSISTANT SEC. & GENERAL COUNSEL $351,600Base $317,104 · Other $34,496
CHRIS GRUBERVP & DEAN OF ADMISSION AND FA $311,862Base $249,507 · Other $62,355

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (48)

RAYMOND A JACOBSONCHIEF INVESTMENT OFFICER

DOUGLAS A HICKSPRESIDENT

MATTHEW R MCKILLOPMENS BASKETBALL COACH

DAVID D DEMETERINVESTMENT DIRECTOR

CHRISTOPHER A CLUNIEDIRECTOR OF ATHLETICS

ANTOINETTE P MCCORVEYASST SEC AND VP OF FIN & ADMIN

EILEEN KEELEYVP OF COLLEGE RELATIONS

ROBERT H MCKILLOPFORMER MENS BASKETBALL COACH

SHELLEY E RIGGERVP FOR ACAD AFF & DEAN OF FAC

SARAH PHILLIPSASSISTANT SEC. & GENERAL COUNSEL

CHRIS GRUBERVP & DEAN OF ADMISSION AND FA

OLIVIA WARETRUSTEE

LESLIE GRINAGETRUSTEE

N ELIZABETH MCCAWTRUSTEE

MARY TABB MACKTRUSTEE

MARIA T ALDRICHTRUSTEE

LISA GREEN CASEVICE CHAIR, BOARD OF TRUSTEES

LILLIAN WOOTRUSTEE

JORDAN CLARKTRUSTEE

PREM MANJOORANTRUSTEE

ROBERT W HENDERSONTRUSTEE

SALLIE PERMARTRUSTEE

STEVE SHAMESSECRETARY, BOARD OF TRUSTEES

TIARA ABLE HENDERSONTRUSTEE

TIM SAINTSINGTRUSTEE

TOM FINKETRUSTEE

WHITNEY A WHITETRUSTEE

DYLAN GLENNTRUSTEE

ANDY BERNDTTRUSTEE

ANNE HURT KRIEGTRUSTEE

ANTHONY FOXXCHAIR, BOARD OF TRUSTEES

BOB DUNHAMTRUSTEE

CHAD MORGANTRUSTEE

CINTRA POLLACKTRUSTEE

DAN BOONETRUSTEE

DAVID HALLTRUSTEE

DAVID SPRINKLETRUSTEE

DOUG EYTRUSTEE

KRISTI MITCHEMTRUSTEE

EMMIT SKLARTRUSTEE

ERWIN CARTERTRUSTEE

HARRISON MARSHALL JRASSISTANT SECRETARY

JACK PURCELLTRUSTEE

JANET STOVALLTRUSTEE

JESSICA DAVISTRUSTEE

ALISON HALL MAUZETRUSTEE

JORDAN STARCKTRUSTEE

KIRK WILLINGHAMTRUSTEE

About this charity

Recognized since
January 1951
Location
209 RIDGE ROAD BOX 5000, DAVIDSON, NC 28036-0407
County
Gaston
In care of
% LORI B GASTON
Primary officer
Antoinette McCorvey, Asst Sec & VP of FIN

How to reach them

WebsiteVisit the charity’s website Phone(704) 894-2210 Officer phone(704) 894-2859

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
KPMG LLP
NTEE classification
Education (B420)
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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