From public IRS filings
LEES-MCRAE COLLEGE INCORPORATED
BANNER ELK, NC · Education
Mission
LEES-MCRAE COLLEGE EDUCATES AND INSPIRES STUDENTS TO APPROACH LIFE AND WORK FROM A CREATIVE, COLLABORATIVE, AND CRITICAL PERSPECTIVE IN PREPARATION FOR DIVERSE CAREERS AND ENVIRONMENTS
Financials (IRS Form 990)
Total revenue
$36.3M
Total expenses
$37.7M
Total assets
$123.2M
Program expense ratio
84%
Source: IRS Form 990, tax year 2023.
Who funds LEES-MCRAE COLLEGE INCORPORATED
$16.8M in foundation grants on record from 73 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Foundation for the Carolinas | $10.2M | 3 |
| Charles A Cannon Trust No 1 | $1.4M | 8 |
| Lettie Pate Whitehead Foundation | $695K | 3 |
| Charles A Cannon Charitable Trust No 3 | $658K | 3 |
| Fidelity Investments Charitable Gift Fund | $518K | 4 |
| Robert and Janice Mcnair Foundation | $400K | 4 |
| Edwin and Jeanette May Foundation | $245K | 3 |
| Thoresen Foundation | $205K | 3 |
| Dickson Foundation | $203K | 3 |
| North Carolina Independent Colleges and Universities | $195K | 4 |
Leadership
WILLIAM H DURHAM — VP OF FINANCE & BUSINESS AFFAIRS (Principal officer)
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