University of Richmond
28 Westhampton Way
University of Richmond VA 23173
Mission Statement
The mission of the University of Richmond is to educate in an academically challenging, intellectually vibrant, and collaborative community dedicated to the holistic development of students and the production of scholarly and creative work. A Richmond education prepares students for lives of purpose, thoughtful inquiry, and responsible leadership in a diverse world.
Web and Social Media

Multi-Media Comments
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CEO/Executive Director Dr. Ronald A. Crutcher
Board Chair Patricia L. Rowland
Board Chair Company Affiliation One Call Care Management
Contact Information
Address 28 Westhampton Way
University of Richmond, VA 23173
Telephone 804 289-8000
Fax 804 287-1970
History and Background
Year of Incorporation 1941
Financial Summary
Revenue vs Expense Bar Graph - All Years
Expense Breakdown Bar Chart - All Years
Projected Revenue $292,200,000.00
Projected Expenses $292,200,000.00
Additional Documents
To make a donation to the University, please visit
The mission of the University of Richmond is to educate in an academically challenging, intellectually vibrant, and collaborative community dedicated to the holistic development of students and the production of scholarly and creative work. A Richmond education prepares students for lives of purpose, thoughtful inquiry, and responsible leadership in a diverse world.

The University of Richmond, established in 1830, is one of America’s premier private, highly selective, independent liberal arts universities, with a rising national and international profile.

Out of 10,422 applications for fall 2016, 30% were accepted and 818 enrolled. About 28% of the first year class students are domestic students of color (about 35% all students of color, U.S. and international), 12% are first-generation college students, and 15% speak English as a second language. The six-year graduation rate is 88% (2009 cohort); we consistently have one of the highest graduation rates for student athletes. More than 90% of the full-time undergraduates live on campus and more than half are involved in internships. About 65% of students participate in study abroad programs, having some 75 programs in more than 30 countries from which to choose. About two-thirds of the student population engages in community service including volunteer internships and community-based learning courses.

The University has need-blind admissions and is committed to meeting 100% of the demonstrated need of every student who enrolls. About 67% of our students receive some amount of assistance; the University offers some $66 million in institutional grants and scholarships. The average need-based award is $44,770. For Virginia students, the University is committed to providing grants for tuition, room and board for families with incomes under $60,000 who qualify for aid. In addition, a number of merit-based scholarships for undergraduates benefit hundreds of students. More than 45 significant scholarships for full tuition are awarded annually under the Richmond Scholars program and an additional 20 under the Presidential Scholars program. Plus there are one-half and partial tuition scholarships, including more than 250 endowed funds. Richmond students have been recipients of nationally-competitive Rhodes, Marshall, Goldwater, Clarendon, Truman, and Fulbright scholarships, among others.

Support of the University of Richmond is an investment in the next generation of leaders. Gifts to the University support students financial aid and programs that enhance the student experience.  One of the University’s greatest priorities is in our ability to be accessible and our  ability to remain need blind.  University of Richmond is among only 1 percent of institutions in the U.S. with both a "need-blind" admission policy and a guarantee to meet 100 percent of demonstrated need. Forty-two percent of undergraduates are eligible for need-based aid, with an average aid package of $45,780.


Additional priorities highlighted in the recent strategic plan include: support for initiatives to give every undergraduate student the opportunity to enter into an intellectually engaging first-year experience based on the University’s values; ascend through living-learning, community-based, and international exposure; and pursue faculty-mentored research and internships to graduate enriched and fully prepared for challenging and fulfilling lives; support for initiatives and programs to recruit, retain, and inspire academically talented students from all economic, racial, and ethnic backgrounds; and support for responsible stewardship to enable us to better support our academic aspirations and will enrich our intellectual community

The University of Richmond, established in 1830, is one of America’s premier private, highly selective, independent liberal arts universities, with a rising national and international profile. Richmond has a full-time enrollment of approximately 4,361 in the schools of arts and sciences, leadership studies, business, law and continuing studies. Ninety percent of the traditional degree-seeking undergraduates live on campus and more than half are involved in internships. Typically, about 59% participate in study abroad programs, and about two-thirds participate in community service.

The University provides a collaborative learning and research environment unlike any other in higher education, offering students an extraordinary combination of the liberal arts with law, business, leadership studies and continuing education.

It is characterized by a distinctly integrated student experience—a rich and innovative life for students inside and outside the classroom—and a welcoming spirit that prizes diversity of experience and thought. It is rooted in a determination to engage as a meaningful part of our community and our world. It is committed to ensuring its opportunities are accessible to talented students of all backgrounds.
Areas of Service
Areas Served
Metro Richmond
Tri-cities Region
Richmond, City
Chesterfield County
Colonial Heights, City
Dinwiddie County
Goochland County
Hanover County
Henrico County
Hopewell, City
Petersburg, City
Powhatan County
Prince George County
Sussex County
Charles City County
Gloucester County
King and Queen County
Lancaster County
Louisa County
Mathews County
Middlesex County
New Kent County
Northumberland County
Hampton Roads
Northern Neck
Northern Virginia
Shenandoah Valley
Southside Virginia
Southwest Virginia
The University of Richmond student body represents 47 U.S. states and more than 71 countries around the world.
The following information pertains specifically to the Class of 2021.


By Region

Midwest 7%
New England 12%
South (including Virginia) 34%
West 5%
Residing outside the U.S. 13%
Countries represented 30
Board Chair
Board Chair Patricia L. Rowland
Company Affiliation One Call Care Management
Term July 2016 to June 2018
Board of Directors
Board Members
Stephen J. Aronson U.S. Rates Sales
R. Lewis Boggs Property Investment Advisors, Inc.
Alan W. Breed Edgewood Management LLC
Ronald A. Crutcher University of Richmond
James C. Davis Allegis Group
Timothy W. Finchem Professional Golf Association
The Honorable Roger L. Gregory U.S. Court of Appeals
H. Hiter Harris IIIHarris Williams & Co.
Joseph P. Jangro Water Street Capital
Jeffrey M. Lacker Ph.D.Federal Reserve Bank of Richmond
Jeffrey M. Lacker Ph.D.Federal Reserve Bank of Richmond
Herbert H. McDade IIIRiver Birch Capital
William H. McLean Northwestern University
Leland D. Melvin NASA
Louis W. Moelchert Jr.Private Advisors, LLC
S.D. Roberts Moore Gentry, Locke, Rakes & Moore LLP
S. Georgia Nugent Ph.D.Community Volunteer
Karen G. O'Maley Community Volunteer
Karen G. O'Maley Civic Leader
Paul B. Queally Welsh, Carson, Anderson & Stowe
Susan Gunn Quisenberry Quisenberry & Warren Ltd.
Robert E. Rigsby Retired
Gregory S. Rogowski Mueller Company
Patricia L. Rowland Community Volunteer
Leonard W. Sandridge Jr.University of Virginia
Suzanne F. Thomas Retired
Michael P Walrath Community Volunteer
Allison P. Weinstein Weinstein Properties
Board Demographics - Ethnicity
African American/Black 3
Asian American/Pacific Islander 0
Caucasian 19
Hispanic/Latino 0
Native American/American Indian 0
Board Demographics - Gender
Male 15
Female 7
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 90
Standing Committees
Academic Affairs
Institutional Advancement
Student Affairs
Advisory Board / Advisory Council
Other Boards
The tables below contain information about other groups that advise this nonprofit on operations and projects.
To make a donation to the University, please visit
Executive Director
Executive Director Dr. Ronald A. Crutcher

Ronald A. Crutcher, a national leader in higher education, a distinguished classical musician, and an accomplished administrator, is the 10th President of the University of Richmond. He took office on July 1, 2015. He is also a professor of music.

Dr. Crutcher is President Emeritus of Wheaton College in Massachusetts. As president from 2004–14, he raised the institution’s profile; increased enrollment and diversity of the student body; created new interdisciplinary faculty positions and academic programs; and ensured the institution’s financial stability during a challenging economic period for all of higher education. Wheaton students consistently garnered prestigious academic honors including Truman, Marshall, Goldwater, Rhodes, and Fulbright Scholarships. Prior to Wheaton, Dr. Crutcher was Provost and Executive Vice President for Academic Affairs at Miami University of Ohio. 

Throughout his career, Dr. Crutcher has actively promoted access, affordability, diversity, and inclusivity. He is a member of the Board of the Posse Foundation, a comprehensive college access and youth leadership development program for public high school students. In 2012, Dr. Crutcher received the Posse Star award, which recognized his leadership, significant contributions to the field of education, and positive effects on individual students’ lives. As President of Richmond, he leads a highly selective private university that is one of the few institutions in the country that is both need-blind in admission decisions for domestic undergraduate students and committed to meeting the full demonstrated need of all admitted students. 

Dr. Crutcher is founding co-chair of Liberal Education and America’s Promise (LEAP), the Association of American Colleges & Universities’ national campaign to demonstrate the value of liberal education. He writes and speaks widely on the value of liberal education and the democratic purposes and civic mission of higher education.

Full Time Staff 1451
Part Time Staff 322
Organization has a Fundraising Plan? Yes
Organization has a Strategic Plan? Yes
Years Strategic Plan Considers 5
Date Strategic Plan Adopted July 2009
Document Destruction Policy Yes
The Bonner Center for Civic Engagement serves as the hub for coordinating community engagement at the University of Richmond, connecting the University and Greater Richmond region communities through collaborative, sustained, and educationally meaningful responses to community-identified needs.

University of Richmond Downtown enables the academic departments, offices, and programs of the University of Richmond to connect with the greater Richmond community. In addition to housing four programs, UR Downtown is used for public lectures, undergraduate and law classes, clinical and pro bono legal services, community-based research, and arts integration.

External Assessments and Accreditations
Southern Association of Colleges and Schools2008
Description The arts, sciences, humanities, and social sciences are at the heart of UR's liberal arts curriculum. Before they declare a major, all students matriculate into the School of Arts & Sciences, an opportunity with life-changing consequences. Many stay in A&S all four years. Others go on to the schools of business or leadership studies.

The Robins School of Business is recognized as one of the nation's best business schools, offering undergraduate, graduate, and executive education.

The Robins School is ranked #12 for top undergraduate business programs and one of the top 20 part-time MBA programs in the nation by BusinessWeek.


The Jepson School of Leadership Studies is the nation's first school for leadership studies. It fills a critical need in higher education: to help students better understand leadership so that they can become active, thoughtful and effective participants in their world.


The University of Richmond School of Law educates students to become outstanding lawyers and positive leaders within their communities. The School of Law prepares students to become adept advocates and legal decision makers through its exceptional program features, which include rigorous coursework, small class sizes and low student-faculty ratio and hands-on experience.

The School of Professional and Continuing Studies offers degree and certificate programs, enrichment opportunities, professional training and summer programs to part-time and non-traditional students of all ages.
CEO/ED/Board Comments
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Fiscal Year
Projected Revenue $292,200,000.00
Projected Expenses $292,200,000.00
Spending Policy Percentage
Form 990s
IRS Letter of Exemption
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201620152014
Foundation and
Corporation Contributions
Government Contributions$3,209,913$3,011,282$3,306,647
Individual Contributions$15,219,110$18,973,063$29,109,436
Investment Income, Net of Losses$142,180,819$76,638,864$172,779,107
Membership Dues------
Special Events------
Revenue In-Kind$1,870,323$3,953,309$5,434,566
Expense Allocation
Fiscal Year201620152014
Program Expense$285,072,965$275,683,779$257,444,604
Administration Expense$53,785,916$44,183,167$50,196,864
Fundraising Expense$10,325,207$10,347,226$10,346,357
Payments to Affiliates------
Total Revenue/Total Expenses1.151.021.37
Program Expense/Total Expenses82%83%81%
Fundraising Expense/Contributed Revenue56%47%32%
Assets and Liabilities
Fiscal Year201620152014
Total Assets$2,688,942,567$2,854,649,911$2,819,071,870
Current Assets$153,439,406$84,841,489$150,280,217
Long-Term Liabilities$243,463,050$226,237,490$229,400,365
Current Liabilities$100,930,831$93,260,313$120,407,915
Total Net Assets$2,344,548,686$2,535,152,108$2,469,263,590
Short Term Solvency
Fiscal Year201620152014
Current Ratio: Current Assets/Current Liabilities1.520.911.25
Long Term Solvency
Fiscal Year201620152014
Long-Term Liabilities/Total Assets9%8%8%
Capital Campaign
Currently in a Capital Campaign? Yes
State Charitable Solicitaions Permit
Solicitations Permit
Solicitations Permit ExemptionView
Organization Comments
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Foundation Comments
  • Financial information provided from IRS 990s.
  • IRS 990 for FY 2011 prepared by PriceWaterhouseCoopers, LLP.
  • IRS 990s for FY 2010 and 2009 prepared by RSM McGladrey, Inc.
  • Treasurer's Reports prepared by Hossein Sadid, Vice President for Business & Finance.
  • Revenue from "Individuals" also includes corporate and foundation support.