From public IRS filings
PAINE COLLEGE
AUGUSTA, GA · Education
Mission
To provide a liberal arts education of the highest quality that emphasizes academic excellence, ethical and spiritual values, social responsibility, and personal development.
Financials (IRS Form 990)
Total revenue
$12.5M
Total expenses
$13.2M
Total assets
$37M
Program expense ratio
7720%
Source: IRS Form 990, tax year 2022.
Who funds PAINE COLLEGE
$3M in foundation grants on record from 10 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| United Negro College Fund | $3.7M | 4 |
| Strada Education Foundation | $127K | 1 |
| American Online Giving Foundation | $88K | 2 |
| Fidelity Investments Charitable Gift Fund | $81K | 3 |
| Student Freedom Initiative | $50K | 1 |
| Community Foundation for the Central Savannah River Area | $48K | 3 |
| Raymond James Charitable Endowment Fund | $23K | 2 |
| Life Fund | $15K | 1 |
| Quality Growth Institute | $5K | 1 |
Leadership
Leroy Summers — CFO (Principal officer)
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