THE ROSSER FOUNDATION A PURE CHARITABLE TRUST AND PUBLIC CHARITY

EIN: 546338714 501(c)(3) Philanthropy & Grantmaking

NEWPORT NEWS, VA

Total Revenue
$28,784,583
Total Expenses
$29,075,441
Total Assets
$15,097,626
Net Assets
$11,373,937
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
VA
Principal Officer
JANICE H STRINGER
Phone
7578276704
Tax Period
2024-01-01 to 2024-12-31

THE ROSSER FOUNDATION A PURE CHARITABLE TRUST AND PUBLIC CHARITY, founded in 1986, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $24.2M in total revenue in fiscal year 2018. Expenses of $23.2M left a modest 4% surplus.

Mission

TO NURTURE BELIEVERS AND ASSIST IN THE GROWTH OF THE CHURCH WORLDWIDE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $29,114,324
Program Service Revenue $0
Investment Income $415,114
Other Revenue $-744,855
TOTAL REVENUE $28,784,583

Expense Breakdown

Grants Paid $18,580,384
Salaries & Benefits $5,066,331
Fundraising Expenses $4,395,321
Program Expenses $23,518,435
Other Expenses $5,428,726
TOTAL EXPENSES $29,075,441

Year-over-Year Comparison

2024 2023 Change
Revenue $28,784,583 $29,777,822 0.0%
Expenses $29,075,441 $28,899,537 +0.0%
Net Income $-290,858 $878,285 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
23
Independent Members
22
Employees
73
Volunteers
37

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$638,841
Total Directors
24
$336,712
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANICE ALLEN CEO, PRES, E 40.00
Officer Director
$180,627 $5,376 $186,003
THOMAS FROMMACK CHIEF PROGRA 40.00
Officer
$148,677 $8,445 $157,122
JANICE H STRINGER COO 40.00
Officer Director
$144,989 $5,720 $150,709
SEAN MITCHELL VP OF DEVELO 40.00
Officer
$134,924 $10,083 $145,007
MICHAEL ROTH DEVELOPMENT 40.00
Highest
$102,500 $1,886 $104,386
ROBERT LEATHERWOOD DEVELOPMENT 40.00
Highest
$102,985 $784 $103,769
MATTHEW ALLEN BOARD MEMBER 1.00
Director
$0 $0 $0
JANET WARD BLACK ADV. COMM. C 1.00
Director
$0 $0 $0
KATHY BLANKEMEYER BOARD MEMBER 1.00
Director
$0 $0 $0
ARUN DANIEL BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN GAINEY BOARD MEMBER 1.00
Director
$0 $0 $0
SHANDRE HARASTY BOARD MEMBER 1.00
Director
$0 $0 $0
TOBY HARRIS BOARD MEMBER 1.00
Director
$0 $0 $0
BURT HIGGINS BOARD MEMBER 1.00
Director
$0 $0 $0
CINDY HIGGINS BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE HOCKETT BOARD MEMBER 1.00
Director
$0 $0 $0
AUBREY ROSSER JR AUDIT RISK M 1.00
Director
$0 $0 $0
RICH KIDD GOVERNANCE C 1.00
Director
$0 $0 $0
KRIS LIGHTCAP BOARD MEMBER 1.00
Director
$0 $0 $0
DR JAMES P GILLS MD BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS PEIFER BOARD MEMBER 1.00
Director
$0 $0 $0
ZORAN PLOSCAR BOARD MEMBER 1.00
Director
$0 $0 $0
BILL SHOOK FINANCE COMM 1.00
Director
$0 $0 $0
MIRIAM SHOOK BOARD MEMBER 1.00
Director
$0 $0 $0
TODD STEWART BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL THRIFT BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES WATKINS STRAT. ISS. 1.00
Director
$0 $0 $0
BILL WOLF BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $28,784,583 $29,075,441 $15,097,626 $-290,858
2023 $29,777,822 $28,899,537 $15,715,557 $878,285
2022 $33,908,201 $35,418,229 $10,270,767 $-1,510,028
2021 $36,359,396 $34,705,898 $12,195,900 $1,653,498
2020 $25,192,920 $28,377,669 $11,772,268 $-3,184,749
2019 $33,071,444 $29,180,901 $13,330,784 $3,890,543
2018 $24,205,036 $23,206,307 $9,287,134 $998,729
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