Jefferson Scholars Foundation
112 Clarke Ct, Charlottesvle, VA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $36,641,682 | $39,581,142 | $805,620,303 |
| FY2024 | $33,151,366 | $32,396,019 | $727,286,646 |
| FY2023 | $33,501,224 | $33,928,905 | $680,907,773 |
| FY2021 | $36,629,374 | $25,722,375 | $694,019,139 |
| FY2020 | $18,860,748 | $20,517,300 | $483,569,740 |
| FY2019 | $106,985,067 | $21,531,318 | $471,165,989 |
| FY2018 | $11,363,472 | $17,865,721 | $367,917,107 |
| FY2017 | $26,835,640 | $18,707,769 | $336,725,283 |
| FY2016 | $13,299,521 | $16,709,781 | $291,241,333 |
| FY2015 | $8,989,797 | $18,782,066 | $303,478,079 |
| FY2014 | $12,887,060 | $15,956,396 | $294,510,502 |
| FY2013 | $17,575,703 | $16,018,977 | $252,741,293 |
| FY2012 | $24,288,495 | $13,708,043 | $222,572,427 |
| FY2011 | $11,307,538 | $13,453,743 | $208,276,790 |
Form 990 filings
The returns filed by Jefferson Scholars Foundation (EIN 31-1755873), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $36,265,524 | 99% |
| Program service revenue | $0 | 0% |
| Other revenue | $376,158 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $32,601,049 | 82% |
| Management & general | $4,091,976 | 10% |
| Fundraising | $2,888,117 | 7% |
What the numbers show
- Contributions & grants made up 99% of total revenue in FY2025.
- Program services accounted for 82% of functional expenses, management & general 10%, and fundraising 7%.
- 82% of functional expenses went to program services in FY2025. That is higher than 23.3% of 30 Philanthropy, Voluntarism & Grantmaking Foundations organizations in VA.
- Net assets covered about 244.2 months of expenses at the end of the reporting year. That puts it in the 85th percentile among 1297 Philanthropy, Voluntarism & Grantmaking Foundations organizations in VA.
- Total revenue was higher than 99.2% of 1337 Philanthropy, Voluntarism & Grantmaking Foundations organizations in VA.
- Total revenue rose from $11,307,538 in FY2011 to $36,641,682 in FY2025. Revenue increased in 6 and decreased in 7 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 8 of 14 reported years (FY2011, FY2014, FY2015, FY2016, FY2018, FY2020, FY2023, FY2025).
- The highest revenue on record here is $106,985,067 in FY2019.
- Net assets grew from $208,276,790 to $805,620,303 between FY2011 and FY2025.
- Contributions and grants made up 84% of revenue in FY2011 and 99% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE JEFFERSON SCHOLARS FOUNDATION (FOUNDATION) PROVIDES ACADEMIC MERIT-BASED SCHOLARSHIP, FELLOWSHIP AND PROFESSORSHIP SUPPORT TO STUDENTS AND FACULTY AT THE UNIVERSITY OF VIRGINIA (UVA).
IRS status
| Ruling year | 2001 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T30 — Philanthropy, Voluntarism & Grantmaking Foundations (in VA) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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