Bridgewater College

Organization Overview

Bridgewater College is located in Bridgewater, VA. The organization was established in 1939. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Bridgewater College employed 884 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridgewater College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Bridgewater College generated $86.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $92.9m during the year ending 06/2020. While expenses have increased by 2.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

BRIDGEWATER COLLEGE IS A PRIVATE, COEDUCATIONAL, RESIDENTIAL, LIBERAL ARTS COLLEGE OF APPROXIMATELY 1900 STUDENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

LOCATED ONLY TWO HOURS SOUTHWEST OF THE WASHINGTON, D.C., METRO AREA, BRIDGEWATER COLLEGE HAS A TOTAL ENROLLMENT OF APPROXIMATELY 1,500 STUDENTS AND OFFERS BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES IN MORE THAN 60 MAJORS AND MINORS, ALONG WITH PRE-PROFESSIONAL PROGRAMS SUCH AS MEDICINE AND LAW AND TEACHER LICENSURE. THE COLLEGE ALSO OFFERS MASTERS DEGREE PROGRAMS IN ATHLETIC TRAINING, DIGITAL MEDIA STRATEGY, PSYCHOLOGY, AND HUMAN RESOURCE MANAGEMENT. GROUNDED IN LIBERAL ARTS, STUDENTS AT BRIDGEWATER COLLEGE LEARN ABOUT A VARIETY OF DISCIPLINES, ENABLING THEM TO BECOME ARTICULATE, ANALYTICAL AND ASSERTIVE. THEY ARE CHALLENGED BY RIGOROUS ACADEMICS IN A CLOSE-KNIT COMMUNITY AND COLLABORATE WITH FACULTY TO CREATE PERSONALIZED AND UNIQUE LEARNING EXPERIENCES.


THE RESIDENTIAL CAMPUS IS LOCATED IN THE BEAUTIFUL SHENANDOAH VALLEY OF VIRGINIA. ON-CAMPUS HOUSING FEATURES SEVEN DORMITORIES, SHARED HOUSES KNOWN AS THE COTTAGES, APARTMENT-STYLE LIVING IN THE WAMPLER TOWERS, AND THE STONE VILLAGE HOUSING COMMUNITY. DINING OPTIONS INCLUDE THE MAIN DINING HALL IN THE KLINE CAMPUS CENTER AND SMITTY'S CAFE IN THE FORRER LEARNING COMMONS.


WITH MORE THAN 80 SOCIAL, CULTURAL, RELIGIOUS, AND ACADEMIC CLUBS AND ORGANIZATIONS, THERE'S ALWAYS SOMETHING HAPPENING ON CAMPUS. NEARLY A THIRD OF THE STUDENT BODY PARTICIPATES IN ONE OF THE 23 INTERCOLLEGIATE SPORTS BRIDGEWATER OFFERS AT THE NCAA DIVISION III LEVEL. STUDENTS ALSO HAVE THE OPPORTUNITY TO BENEFIT FROM THE BRIDGEWATER COLLEGE EQUESTRIAN CENTER IN WEYERS CAVE,VA., FOR RIDING LESSONS AND THE EQUESTRIAN TEAM; FITNESS OPPORTUNITIES THROUGH THE FUNKHOUSER CENTER FOR HEALTH AND WELLNESS; AN ARRAY OF INTRAMURAL SPORTS AND AN OUTDOOR PROGRAM; MUSICAL ENSEMBLES SUCH AS THE CONCERT CHOIR, CHORALE, SYMPHONIC BAND AND JAZZ ENSEMBLE; AND A RENOWNED ENDOWED LECTURE, LYCEUM AND CONVOCATION SERIES, WHICH BRINGS SPEAKERS AND ARTISTS FROM ACROSS THE COUNTRY TO THE COLLEGE.


ACADEMIC SUPPORT AREAS AT BRIDGEWATER COLLEGE INCLUDE THE ACADEMIC ADVISING CENTER, FORRER LEARNING COMMONS, THE WRITING CENTER, THE INFORMATION TECHNOLOGY CENTER, THE OFFICE OF CAREER SERVICES AND THE ACADEMIC SUPPORT CENTER. REVENUES OF $14,877 ARE FOR BOOK COMMISSIONS FROM AN OUTSOURCED ONLINE TEXTBOOK STORE, WHOSE OPERATIONS ARE OTHERWISE DIVORCED FROM BRIDGEWATER COLLEGE'S FINANCIAL STATEMENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Whiteboard Communications
Enrollment Consultant
$427,100
G&h Contracting
Building Contractor
$850,568
Wam Holdings Llc
Building Contractor
$220,084
Generate Impact
Software And It Consultant
$213,998
Lantz Construction
Building Contractor
$154,088
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$5,746,866
Investment income $1,780,856
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $65,955
Net Gain/Loss on Asset Sales $1,189,403
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $86,618,271

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Bridgewater College has recieved totaling $1,500.

Awarding OrganizationAmount
Bayport Foundation

Newport News, VA

PURPOSE: SCHOLARSHIPS

$1,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$91,944,523
Earnings$31,313,874
Admin Expense$712,006
Net Contributions$4,251,863
Other Expense$1,506,848
Grants$3,196,225
Ending Balance$122,095,181

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