About Benedictine Schools Educational Foundation
Support and enhance the Benedictine Schools of Richmond educational experience by funding scholarships, endowment growth, planned giving, and programs that foster faith and leadership.
Focus Areas
K-12 educationscholarships and financial aidendowment buildingplanned giving and estate giftsstudent internships/program support
Who They Fund
students of Benedictine College Preparatorystudents of Saint Gertrude High SchoolBenedictine school community (faculty, staff, alumni)
Funding Style
institutional supportendowment/asset managementfiduciary/custodial stewardship
About Benedictine Schools Educational Foundation
The Benedictine Schools Educational Foundation’s most distinctive recent fact is the scale of its 2024 support: a single $11,155,081 grant to Benedictine Schools of Richmond for program support. That level of giving aligns with its stated role in supporting and enhancing the Benedictine Schools of Richmond educational experience through scholarships, endowment growth, planned giving, and programs that foster faith and leadership. The foundation’s grantmaking is centered on the schools community it serves, including students of Benedictine College Preparatory and Saint Gertrude High School, along with faculty, staff, and alumni connected to the Benedictine school community. Its active programs show a mix of tuition support, endowed scholarships, and long-term giving tools tied to the Richmond schools. Alongside direct scholarship support, the foundation also maintains programs for endowment support, estate and planned gifts, and donor-designated giving. The recent grant history and program structure together point to an institutional funder focused on the stability and continuity of Benedictine education in Richmond.
What Benedictine Schools Educational Foundation Funds
Scholarship support is the clearest theme. The foundation lists general scholarships, tax-credit scholarships through Virginia’s Education Improvement Scholarships Tax Credits Program, and Benedictine Schools Endowed Scholarships, which together support students at Benedictine College Preparatory and Saint Gertrude High School. It also maintains a Parater Scholarship for tuition assistance tied to Catholic education. Beyond scholarships, the foundation supports endowment building and long-term financial sustainability through its endowment program and endowment reporting. Planned giving is another explicit area, with estate and planned giving information available for supporters who want to structure major gifts or bequests. Athletics also appears as a defined support area through Coach’s Club funding.
How Benedictine Schools Educational Foundation Gives
The only grant size visible in the recent grants data is a 2024 award of $11,155,081, so the p25, median, and p75 all sit at that same amount. The pattern shown here is institutional and school-centered rather than a broad portfolio of many external grantees. The foundation’s active programs include both unsolicited options, such as Scholarships, Estate and Planned Giving, Parater Scholarship, Endowment, Coach’s Club, and Designate A Gift, and non-unsolicited tax-credit scholarship channels. It also appears to use restricted, designated funding for specific school programs and funds.
Financial Snapshot
Annual Giving
$11.2M
Total Assets
$32.9M
Total Revenue
$19.9M
Total Expenses
$11.3M
Typical Grant Size
Most grants fall between $11.2M and $11.2M, with a median of $11.2M.
25th Percentile
$11.2M
Median
$11.2M
75th Percentile
$11.2M
Geographic Reach
Local1 state funded
About 100% of grants go to recipients in VA.
Funding intensity
LowHigh
Headquarters
Leadership
TERRENCE KERNER
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