UNIVERSITY OF VIRGINIA DARDEN SCHOOL FOUNDATION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: UNIVERSITY OF VIRGINIA DARDEN SCHOOL FOUNDATION (EIN 54-6046419)
Tax period: 2022-07-01 to 2023-06-30
Filed: 2024-04-03
IRS object ID: 202400949349300945
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule J
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-04-03T13:35:37-05:00	ReturnTs
Tax Period End	2023-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BDO USA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	8401 GREENSBORO DRIVE 800	AddressLine1Txt
City	MCLEAN	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22102	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	546046419	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	University Of Virginia Darden School	BusinessNameLine1Txt
Business Name Line2	Foundation	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
In Care Of	% HEATHER L ENOS	InCareOfNm
Business Name Control	UNIV	BusinessNameControlTxt
Phone	4349244841	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 7263	AddressLine1Txt
City	Charlottesville	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22906	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	HEATHER L ENOS	PersonNm
Person Title	CFO, TREASURER & SVP	PersonTitleTxt
Phone	4349247228	PhoneNum
Signature	2024-03-26	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	HEATHER L	PersonFirstNm
Person Last	ENOS	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Marc Berger	PreparerPersonNm
PTIN	P01871563	PTIN
Phone	7038930600	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ROBERT WEILER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 7263	AddressLine1Txt
City	Charlottesville	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22906	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$233,091,138	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.darden.virginia.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1952	FormationYr
Legal Domicile State	VA	LegalDomicileStateCd
Activity Or Mission	SEE SCHEDULE O	ActivityOrMissionDesc
Voting Members Governing Body	54	VotingMembersGoverningBodyCnt
Voting Members Independent	52	VotingMembersIndependentCnt
Total Employee	87	TotalEmployeeCnt
Total Volunteers	1000	TotalVolunteersCnt
Total Gross UBI	$3,452,190	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$31,645,857	PYContributionsGrantsAmt
CY Contributions Grants	$38,802,423	CYContributionsGrantsAmt
PY Program Service Revenue	$27,739,500	PYProgramServiceRevenueAmt
CY Program Service Revenue	$35,422,103	CYProgramServiceRevenueAmt
PY Investment Income	$37,454,364	PYInvestmentIncomeAmt
CY Investment Income	$26,549,068	CYInvestmentIncomeAmt
PY Other Revenue	$31,267	PYOtherRevenueAmt
CY Other Revenue	$67,827	CYOtherRevenueAmt
PY Total Revenue	$96,870,988	PYTotalRevenueAmt
CY Total Revenue	$100,841,421	CYTotalRevenueAmt
PY Grants And Similar Paid	$24,846,565	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$27,351,351	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$13,167,360	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$19,102,642	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$3,491,477	CYTotalFundraisingExpenseAmt
PY Other Expenses	$22,037,250	PYOtherExpensesAmt
CY Other Expenses	$33,310,827	CYOtherExpensesAmt
PY Total Expenses	$60,051,175	PYTotalExpensesAmt
CY Total Expenses	$79,764,820	CYTotalExpensesAmt
PY Revenues Less Expenses	$36,819,813	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$21,076,601	CYRevenuesLessExpensesAmt
Total Assets BOY	$705,723,773	TotalAssetsBOYAmt
Total Assets EOY	$777,358,283	TotalAssetsEOYAmt
Total Liabilities BOY	$81,006,569	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$139,724,593	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$624,717,204	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$637,633,690	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$69,957,851	ExpenseAmt
Grant	$27,351,351	GrantAmt
Revenue	$35,455,430	RevenueAmt
Desc	THE FOUNDATION MANAGES ENDOWMENT FUNDS FOR THE BENEFIT OF THE DARDEN SCHOOL, OPERATES TOP-RANKED EXECUTIVE EDUCATION AND LIFELONG LEARNING PROGRAMS, MANAGES HOSPITALITY SERVICES AT THE FORUM HOTEL AND AT THE SCHOOL'S GOODWIN FAMILY GROUNDS AND SANDS FAMILY GROUNDS LOCATIONS, AND PROMOTES PHILANTHROPIC LIFE-LONG SUPPORT OF THE SCHOOL BY ALUMNI, FRIENDS AND CORPORATIONS.	Desc
Total Program Service Expenses	$69,957,851	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	Yes (true)	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (true)	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	255	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	87	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	54	GoverningBodyVotingMembersCnt
Independent Voting Member	52	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	AR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	HI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	KY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NJ	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	UT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WV	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WI	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	HEATHER L ENOS	PersonNm
Phone	4349244841	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	20 DUFFY BLVD	AddressLine1Txt
City	CHARLOTTESVILLE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22903	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (65 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Key EmployeeKeyEmployeeInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
ASHLEY M WILLIAMS
CEO/CLO, EELL	50.0	0.0	Yes (X)	$533,656	$0	$138,902
MICHAEL J WOODFOLK
PRESIDENT (7/22-1/23)	50.0	0.0		$518,546	$0	$96,056	Yes (X)
ANNE TRUMBORE
CHIEF DIGITAL LEARNING OFF.	50.0	0.0		$290,288	$0	$39,806		Yes (X)
HEATHER L ENOS
CFO, TREASURER AND SVP	50.0	0.0		$273,011	$0	$36,978	Yes (X)
SAMANTHA G HARTOG
INTERIM VP OF ADVANCEMENT	50.0	0.0	Yes (X)	$246,130	$0	$33,816
SHAUN ROZYN
MANAGING DIRECTOR, EELL	50.0	0.0		$221,083	$0	$38,626		Yes (X)
LISA CANNELL
MANAGING DIRECTOR, EELL	50.0	0.0		$221,645	$0	$37,808		Yes (X)
TY A SCHIEBER
MANAGING DIR., CLIENT SOLUTION	50.0	0.0		$204,187	$0	$38,426		Yes (X)
WILLIAM S ROBINSON
EXECUTIVE DIRECTOR, PLE	50.0	0.0		$204,823	$0	$28,284		Yes (X)
SHAELE N CULBREATH
ASST. VP & SECRETARY	50.0	0.0		$166,626	$0	$30,404	Yes (X)
YAEL GRUSHKA-COCKAYNE
EX-OFFICIO TRUSTEE	1.0	0.0		$73,790	$0	$0			Yes (X)
RICHARD B EVANS
EX-OFFICIO TRUSTEE	1.0	0.0		$49,278	$0	$0			Yes (X)
MARTINA T HUND-MEJEAN
CHAIR	1.0	0.0		$0	$0	$0	Yes (X)		Yes (X)
FRANK M SANDS JR
VICE CHAIR	1.0	0.0		$0	$0	$0	Yes (X)		Yes (X)
ROBERT J HUGIN
IMMEDIATE PAST CHAIR	1.0	0.0		$0	$0	$0	Yes (X)		Yes (X)
H WILLIAM COOGAN JR
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
JAMES A COOPER
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
CHARLES R CORY
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
GUILLAUME M CUVELIER
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
ROBERT G DOUMAR JR
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
DEBRA D DRAUGHAN
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
FRANKLIN S EDMONDS JR
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
ARNOLD B EVANS
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
JOHN D FOWLER JR
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
CATHERINE J FRIEDMAN
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
JOHN W GLYNN JRDECEASED
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
KIRSTI W GOODWIN
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
PETER M GRANT II
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
OWEN D GRIFFIN JR
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
ELIZABETH M HAGOOD
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
ROBERT L HUFFINES
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
ROSEMARY B KING
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
MARK J KINGTON
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
DAVID M LACROSS
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
DOUGLAS R LEBDA
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
LEMUEL E LEWIS
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
AMANDA LOZANO
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
RICHARD A MAYO
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
SACHIN J MEHRA
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
DONALD E MOREL JR PHD
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
KIMBERLY B MORRISH
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
J BYRNE MURPHY
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
ADAIR NEWHALL
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
G RUFFNER PAGE JR
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
WILLIAM H PAYNE II
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
WILLIAM QO SHELTON JR
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
ERIK A SLINGERLAND PHD
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
ROBERT W SMITH
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
SHANNON G SMITH
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
SUSAN N SOBBOTT
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
MARK J STYSLINGER
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
BRUCE R THOMPSON
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
LOWELL S UKROP
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
STEVEN C VOORHEES
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
JIMMY J WEI
TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
SCOTT C BEARDSLEY
EX-OFFICIO TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
MICHELLE B HORN
EX-OFFICIO TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
NARESH KUMRA
EX-OFFICIO TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
NICOLE M LINDSAY
EX-OFFICIO TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
PAUL G MAHONEY
EX-OFFICIO TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
PATRICK A O'SHEA
EX-OFFICIO TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
CHARLES E POSTON JR
EX-OFFICIO TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
JAMES E RYAN
EX-OFFICIO TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
JOAQUIN RODRIGUEZ TORRES
EX-OFFICIO TRUSTEE	1.0	0.0		$0	$0	$0			Yes (X)
CAROLYN S MILES
PRESIDENT (01/23-06/23)	1.0	0.0		$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$3,003,063	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$519,106	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	32	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
WM JORDAN COMPANY INC
11010 Jefferson Avenue	NEWPORT NEWS	VA	23601	Construction	$60,761,405
MERIDIAN DEVELOPMENT LLC
3 Bethesda Metro Center Suite 1400	BETHESDA	MD	20814	Project management	$2,202,959
COOPER CARRY INC
191 Peachtree Street NE Suite 2400	ATLANTA	GA	30303	Architecture service	$1,149,483
UNIVERSITY OF VA INVESTMENT MANAGEM
PO Box 400215	CHARLOTTESVILLE	VA	22906	Investment MGMT.	$1,009,085
GLAVE HOLMES ARCHITECTURE
2101 E Main Street	RICHMOND	VA	23223	ARCHITECTURE SERVICE	$523,745

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	32	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$38,802,423	AllOtherContributionsAmt
Noncash Contributions	$2,514,853	NoncashContributionsAmt
Total Contributions	$38,802,423	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	EXECUTIVE EDUCATION	Desc
Business	721110	BusinessCd
Total Revenue Column	$35,422,103	TotalRevenueColumnAmt
Related Or Exempt Func Income	$32,004,413	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$3,417,690	UnrelatedBusinessRevenueAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$35,422,103	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,320,187	TotalRevenueColumnAmt
Exclusion	$2,320,187	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$156,478,598	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$132,249,717	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$24,228,881	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$24,228,881	TotalRevenueColumnAmt
Exclusion	$24,228,881	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$0	FundraisingGrossIncomeAmt
Fundraising Direct Expenses	$0	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$0	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$0	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADVERTISING REVENUE	900099	$34,500	$34,500
OTHER INCOME	900099	$33,327		$33,327

Field	Value	IRS element (for citing)
Other Revenue Total	$67,827	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$100,841,421	TotalRevenueColumnAmt
Related Or Exempt Func Income	$32,037,740	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$3,452,190	UnrelatedBusinessRevenueAmt
Exclusion	$26,549,068	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$27,351,351	TotalAmt
Program Services	$27,351,351	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,354,237	TotalAmt
Program Services	$913,308	ProgramServicesAmt
Management And General	$1,099,832	ManagementAndGeneralAmt
Fundraising	$341,097	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$13,361,656	TotalAmt
Program Services	$10,722,572	ProgramServicesAmt
Management And General	$992,860	ManagementAndGeneralAmt
Fundraising	$1,646,224	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$809,272	TotalAmt
Program Services	$537,102	ProgramServicesAmt
Management And General	$105,964	ManagementAndGeneralAmt
Fundraising	$166,206	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$1,017,740	TotalAmt
Program Services	$730,592	ProgramServicesAmt
Management And General	$135,257	ManagementAndGeneralAmt
Fundraising	$151,891	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,559,737	TotalAmt
Program Services	$1,371,655	ProgramServicesAmt
Management And General	$58,026	ManagementAndGeneralAmt
Fundraising	$130,056	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$376,366	TotalAmt
Program Services	$376,366	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$131,458	TotalAmt
Program Services	$8,563	ProgramServicesAmt
Management And General	$121,339	ManagementAndGeneralAmt
Fundraising	$1,556	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$109,900	TotalAmt
Management And General	$109,900	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$1,081,204	TotalAmt
Management And General	$1,081,204	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$8,587,422	TotalAmt
Program Services	$7,879,304	ProgramServicesAmt
Management And General	$606,953	ManagementAndGeneralAmt
Fundraising	$101,165	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$2,116,127	TotalAmt
Program Services	$1,975,231	ProgramServicesAmt
Management And General	$15,041	ManagementAndGeneralAmt
Fundraising	$125,855	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,486,258	TotalAmt
Program Services	$3,466,971	ProgramServicesAmt
Management And General	$8,952	ManagementAndGeneralAmt
Fundraising	$10,335	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$917,701	TotalAmt
Program Services	$701,756	ProgramServicesAmt
Management And General	$198,157	ManagementAndGeneralAmt
Fundraising	$17,788	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$156,007	TotalAmt
Program Services	$156,007	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$3,397,664	TotalAmt
Program Services	$3,337,669	ProgramServicesAmt
Management And General	$31,096	ManagementAndGeneralAmt
Fundraising	$28,899	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$5,059,904	TotalAmt
Program Services	$4,281,407	ProgramServicesAmt
Management And General	$378,542	ManagementAndGeneralAmt
Fundraising	$399,955	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$779,607	TotalAmt
Program Services	$644,761	ProgramServicesAmt
Management And General	$73,534	ManagementAndGeneralAmt
Fundraising	$61,312	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$868,301	TotalAmt
Management And General	$868,301	ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$3,188,607	TotalAmt
Program Services	$2,496,541	ProgramServicesAmt
Management And General	$309,083	ManagementAndGeneralAmt
Fundraising	$382,983	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$306,338	TotalAmt
Program Services	$258,575	ProgramServicesAmt
Management And General	$47,763	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
COGS	$1,806,098	$1,806,098
MISCELLANEOUS EXPENSE	$859,284	$746,972	$73,688	$38,624
BAD DEBT EXPENSE(RECOVERY)	$82,581	$195,050		-$112,469

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$79,764,820	TotalAmt
Program Services	$69,957,851	ProgramServicesAmt
Management And General	$6,315,492	ManagementAndGeneralAmt
Fundraising	$3,491,477	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$40,200,009	BOYAmt
EOY	$17,537,798	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$40,109,883	BOYAmt
EOY	$47,378,684	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$5,326,004	BOYAmt
EOY	$6,125,889	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,969,858	BOYAmt
EOY	$1,870,557	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$156,419,864	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$6,574,363	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$103,553,387	BOYAmt
EOY	$149,845,501	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$52,779,591	BOYAmt
EOY	$87,308,079	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$412,593,470	BOYAmt
EOY	$396,997,096	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$49,191,571	BOYAmt
EOY	$70,294,679	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$705,723,773	BOYAmt
EOY	$777,358,283	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$11,102,592	BOYAmt
EOY	$6,090,386	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$970,001	BOYAmt
EOY	$1,607,563	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$59,807,180	BOYAmt
EOY	$106,905,000	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$3,000,000	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$6,126,796	BOYAmt
EOY	$25,121,644	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$81,006,569	BOYAmt
EOY	$139,724,593	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$103,752,236	BOYAmt
EOY	$136,643,382	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$520,964,968	BOYAmt
EOY	$500,990,308	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$624,717,204	BOYAmt
EOY	$637,633,690	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$705,723,773	BOYAmt
EOY	$777,358,283	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$21,076,601	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$13,574,324	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$5,414,209	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$75,187,093	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$26,615,664	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$34,839,249	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$31,645,857	CurrentTaxYearMinus1YearAmt
Current Tax Year	$38,802,423	CurrentTaxYearAmt
Total	$207,090,286	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$75,187,093	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$26,615,664	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$34,839,249	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$31,645,857	CurrentTaxYearMinus1YearAmt
Current Tax Year	$38,802,423	CurrentTaxYearAmt
Total	$207,090,286	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$86,605,064	SubstantialContributorsTotAmt
Public Support Total170	$120,485,222	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$927,960	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$664,462	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$236,958	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$325,024	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,320,187	CurrentTaxYearAmt
Total	$4,474,591	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$115,396	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$108,742	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$104,683	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$31,267	CurrentTaxYearMinus1YearAmt
Current Tax Year	$67,827	CurrentTaxYearAmt
Total	$427,915	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$211,992,792	TotalSupportAmt
Gross Receipts Rltd Activities	$135,630,400	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.56835	PublicSupportCY170Pct
Public Support PY170	0.63267	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amounts		ArtPublicExhibitionAmountsGrp
Held Works Art		HeldWorksArtGrp

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$521,617,349	BeginningYearBalanceAmt
Contributions	$16,650,214	ContributionsAmt
Investment Earnings Or Losses	$9,848,758	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$60,822,782	GrantsOrScholarshipsAmt
Administrative Expenses	$1,081,204	AdministrativeExpensesAmt
End Year Balance	$486,212,335	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$571,520,608	BeginningYearBalanceAmt
Contributions	$22,132,049	ContributionsAmt
Investment Earnings Or Losses	-$29,263,246	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$41,660,272	GrantsOrScholarshipsAmt
Administrative Expenses	$1,111,790	AdministrativeExpensesAmt
End Year Balance	$521,617,349	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$415,386,731	BeginningYearBalanceAmt
Contributions	$18,048,648	ContributionsAmt
Investment Earnings Or Losses	$163,942,942	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$25,159,998	GrantsOrScholarshipsAmt
Administrative Expenses	$697,715	AdministrativeExpensesAmt
End Year Balance	$571,520,608	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$407,018,514	BeginningYearBalanceAmt
Contributions	$18,260,749	ContributionsAmt
Investment Earnings Or Losses	$16,251,916	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$25,486,793	GrantsOrScholarshipsAmt
Administrative Expenses	$657,655	AdministrativeExpensesAmt
End Year Balance	$415,386,731	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$344,805,199	BeginningYearBalanceAmt
Contributions	$64,917,093	ContributionsAmt
Investment Earnings Or Losses	$17,947,567	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$19,966,097	GrantsOrScholarshipsAmt
Administrative Expenses	$685,248	AdministrativeExpensesAmt
End Year Balance	$407,018,514	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.08110	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.50120	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.41770	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,420,105	OtherCostOrOtherBasisAmt
Book Value	$5,420,105	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$111,119,098	OtherCostOrOtherBasisAmt
Depreciation	$586,252	DepreciationAmt
Book Value	$110,532,846	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$24,505,091	OtherCostOrOtherBasisAmt
Depreciation	$3,105,774	DepreciationAmt
Book Value	$21,399,317	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$12,848,592	OtherCostOrOtherBasisAmt
Depreciation	$2,039,699	DepreciationAmt
Book Value	$10,808,893	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,526,978	OtherCostOrOtherBasisAmt
Depreciation	$842,638	DepreciationAmt
Book Value	$1,684,340	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$149,845,501	TotalBookValueLandBuildingsAmt
Financial Derivatives		FinancialDerivativesGrp
Closely Held Equity Interests		CloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	UVIMCO MANAGED FUNDS	Desc
Book Value	$396,997,096	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$396,997,096	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDesc	Book ValueBookValueAmt
RIGHTS OF OCCUPANCY	$23,986,994
INTEREST RATE SWAPS	$19,936,886
RIGHT-OF-USE ASSET	$17,440,261
RESTRICTED CASH	$5,570,659
OTHER ASSETS	$3,359,879

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$70,294,679	TotalBookValueOtherAssetsAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
OPERATING LEASE LIABILITY	$23,259,384
OTHER LIABILITIES	$1,862,260

Field	Value	IRS element (for citing)
Total Liability	$25,121,644	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$73,921,435	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$13,574,324	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$1,849,040	DonatedServicesAndUseFcltsAmt
Revenue Not Reported	-$11,725,284	RevenueNotReportedAmt
Revenue Subtotal	$85,646,719	RevenueSubtotalAmt
Investment Expenses Not Incld	$1,081,204	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$14,113,498	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$15,194,702	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$100,841,421	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$66,419,158	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$1,849,040	DonatedServicesUseFcltsAmt
Expenses Not Reported	$1,849,040	ExpensesNotReportedAmt
Expenses Subtotal	$64,570,118	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$1,081,204	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$14,113,498	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$15,194,702	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$79,764,820	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE D, PART V, LINE 4:	THE FOUNDATION'S ENDOWMENT SUPPORTS THE DARDEN SCHOOL THROUGH SCHOLARSHIPS, CHAIRS, RESEARCH, EDUCATIONAL PROGRAMS, AND ALUMNI SERVICES.
SCHEDULE D, PART X, LINE 2:	THE FOUNDATION HAS BEEN GRANTED EXEMPTION BY THE INTERNAL REVENUE SERVICE (IRS) FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE IRS HAS ALSO DETERMINED THAT THE FOUNDATION IS A PUBLIC CHARITY UNDER SECTION 509(A)(1) AND NOT A PRIVATE FOUNDATION. THE FOUNDATION IS REQUIRED TO REPORT AND PAY TAXES ON UNRELATED BUSINESS INCOME TO THE IRS AND OTHER LOCAL JURISDICTIONS. THERE WAS NO LIABILITY FOR UNRELATED BUSINESS INCOME TAXES AS OF JUNE 30, 2023 AND 2022. THE FOUNDATION ALSO FOLLOWS THE PROVISIONS OF FASB ASC TOPIC 740-10, INCOME TAXES. MANAGEMENT BELIEVES IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS OR ANY RELATED PENALTIES AND INTEREST TO ACCRUE FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, AND, ACCORDINGLY, THERE IS NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE FOUNDATION FILES IRS FORM 990 ANNUALLY WITH THE FEDERAL GOVERNMENT AND IS STILL OPEN TO EXAMINATION BY TAXING AUTHORITIES FOR FISCAL YEAR 2020 AND LATER.
SCHEDULE D, PART XI, LINE 4B:	HOSPITALITY EXPENSES $14,113,498
SCHEDULE D, PART XII, LINE 4B:	HOSPITALITY EXPENSES $14,113,498

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	UNIVERSITY OF VIRGINIA	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 400222	AddressLine1Txt
City	Charlottesville	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22906	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	546001796	RecipientEIN
IRC Section	501(C)(3)	IRCSectionDesc
Cash Grant	$27,351,351	CashGrantAmt
Purpose Of Grant	see part IV	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE I, PART I, LINE 2:	THE DARDEN SCHOOL'S FINANCE TEAM REVIEWS SUPPORTING DOCUMENTS TO ENSURE COMPLIANCE WITH THE DONOR'S RESTRICTED PURPOSE PRIOR TO REQUESTING FUNDING FROM THE FOUNDATION. THE DARDEN SCHOOL RECEIVES A PERIODIC REVIEW BY THE UVA INTERNAL AUDIT DEPARTMENT TO ENSURE DONOR INTENTION IS MET. RESULTS OF THE REVIEW ARE PROVIDED TO THE DARDEN SCHOOL FOUNDATION MANAGEMENT.
SCHEDULE I, PART II:	GRANTS TO THE UNIVERSITY OF VIRGINIA SUPPORT SCHOLARSHIPS, PROFESSORSHIPS, CENTERS OF EXCELLENCE, RESEARCH, FACILITIES AND PARTNERSHIP FOR LEADERS IN EDUCATION.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	Yes (X)	FirstClassOrCharterTravelInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (true)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (true)	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ASHLEY M WILLIAMS
CEO/CLO, EELL	$392,023	$0	$141,633	$0	$0	$0	$114,106	$0	$24,796	$0	$672,558	$0	$35,883	$0
MICHAEL J WOODFOLK
PRESIDENT (7/22-1/23)	$398,118	$0	$120,428	$0	$0	$0	$86,572	$0	$9,484	$0	$614,602	$0	$39,378	$0
HEATHER L ENOS
CFO, TREASURER AND SVP	$238,511	$0	$34,500	$0	$0	$0	$25,173	$0	$11,805	$0	$309,989	$0	$0	$0
SAMANTHA G HARTOG
INTERIM VP OF ADVANCEMENT	$237,130	$0	$9,000	$0	$0	$0	$24,765	$0	$9,051	$0	$279,946	$0	$0	$0
TY A SCHIEBER
MANAGING DIR., CLIENT SOLUTION	$166,887	$0	$37,300	$0	$0	$0	$17,589	$0	$20,837	$0	$242,613	$0	$0	$0
ANNE TRUMBORE
CHIEF DIGITAL LEARNING OFF.	$210,383	$0	$79,905	$0	$0	$0	$22,611	$0	$17,195	$0	$330,094	$0	$0	$0
LISA CANNELL
MANAGING DIRECTOR, EELL	$176,597	$0	$45,048	$0	$0	$0	$18,565	$0	$19,243	$0	$259,453	$0	$0	$0
SHAUN ROZYN
MANAGING DIRECTOR, EELL	$176,035	$0	$45,048	$0	$0	$0	$18,656	$0	$19,970	$0	$259,709	$0	$0	$0
WILLIAM S ROBINSON
EXECUTIVE DIRECTOR, PLE	$203,823	$0	$1,000	$0	$0	$0	$21,705	$0	$6,579	$0	$233,107	$0	$0	$0
SHAELE N CULBREATH
ASST. VP & SECRETARY	$159,626	$0	$7,000	$0	$0	$0	$17,051	$0	$13,353	$0	$197,030	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE J, PART I, LINE 1A:	THROUGH THE FOUNDATION'S STANDARD BENEFITS PACKAGE, THE FOUNDATION WILL SUBSIDIZE $195 OF THE COST OF MEMBERSHIP TO THE UVA GYM FOR BENEFITS ELIGIBLE EMPLOYEES ANNUALLY. SCOTT BEARDSLEY, DEAN OF THE DARDEN SCHOOL OF BUSINESS AND EX-OFFICIO TRUSTEE OF THE FOUNDATION, IS ELIGIBLE FOR FIRST-CLASS TRAVEL TO INTERNATIONAL DESTINATIONS.
SCHEDULE J, PART I, LINE 4B:	THE FOUNDATION ESTABLISHED A NON-QUALIFIED DEFERRED COMPENSATION PLAN UNDER 457(F) TO COVER CERTAIN EXECUTIVES. AT THE END OF EACH FISCAL YEAR, THE BOARD COMPENSATION COMMITTEE MAY APPROVE A CONTRIBUTION TO BE CREDITED TO EACH PARTICIPANT'S ACCOUNT BASED ON PREDETERMINED METRICS. THE FOUNDATION'S CONTRIBUTION WAS $82,750 FOR ASHLEY WILLIAMS AND $58,050 FOR MICHAEL WOODFOLK. CONTRIBUTIONS MADE BY THE FOUNDATION FOLLOW A THREE-YEAR GRADED VESTING SCHEDULE.
SCHEDULE J, PART I, LINE 7:	THE FOUNDATION PAYS TEACHING FEES TO UNIVERSITY FACULTY WHO TEACH EXECUTIVE EDUCATION AND LIFELONG LEARNING PROGRAMS. BONUSES PAID ARE NOT CONTINGENT ON REVENUES OR NET EARNINGS.

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$75,000	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Appraisal	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Art Historical Treasures		ArtHistoricalTreasuresGrp
Art Fractional Interest		ArtFractionalInterestGrp
Books And Publications		BooksAndPublicationsGrp
Clothing And Household Goods		ClothingAndHouseholdGoodsGrp
Cars And Other Vehicles		CarsAndOtherVehiclesGrp
Boats And Planes		BoatsAndPlanesGrp
Intellectual Property		IntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	67	ContributionCnt
Noncash Contributions Rpt F990	$2,439,853	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust Intrsts		SecurPrtnrshpTrustIntrstsGrp
Securities Miscellaneous		SecuritiesMiscellaneousGrp
Qualified Contrib Hist Struct		QualifiedContribHistStructGrp
Qualified Contrib Other		QualifiedContribOtherGrp
Real Estate Residential		RealEstateResidentialGrp
Real Estate Commercial		RealEstateCommercialGrp
Real Estate Other		RealEstateOtherGrp
Collectibles		CollectiblesGrp
Food Inventory		FoodInventoryGrp
Drugs And Medical Supplies		DrugsAndMedicalSuppliesGrp
Taxidermy		TaxidermyGrp
Historical Artifacts		HistoricalArtifactsGrp
Scientific Specimens		ScientificSpecimensGrp
Archaeological Artifacts		ArchaeologicalArtifactsGrp
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE M, PART II:	FormAndLineReferenceDesc
Explanation	THE NUMBER OF CONTRIBUTIONS OR ITEMS IN COLUMN (B) OF PART I REPRESENTS THE NUMBER OF CONTRIBUTIONS.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART I, LINE 1 AND PART III, LINE 1:	THE FOUNDATION MANAGES ENDOWMENT FUNDS FOR THE BENEFIT OF THE DARDEN SCHOOL, OPERATES TOP-RANKED EXECUTIVE EDUCATION AND LIFELONG LEARNING PROGRAMS, MANAGES HOSPITALITY SERVICES AT THE FORUM HOTEL AND AT THE SCHOOL'S GOODWIN FAMILY GROUNDS AND SANDS FAMILY GROUNDS LOCATIONS, AND PROMOTES PHILANTHROPIC LIFE-LONG SUPPORT OF THE SCHOOL BY ALUMNI, FRIENDS AND CORPORATIONS.
FORM 990, PART VI, SECTION A, LINE 1:	THE AUTHORITY OR DELEGATION OF THE BOARD OF TRUSTEES IS AS FOLLOWS: THE EXECUTIVE COMMITTEE EXERCISES THE AUTHORITY OF THE BOARD OF TRUSTEES IN DIRECTING THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE FOUNDATION, EXCEPT THAT NO COMMITTEE HAS THE POWER OR AUTHORITY TO I) FILL VACANCIES ON THE BOARD OR ON ANY OF ITS COMMITTEES; II) AMEND THE ARTICLES OF INCORPORATION; III) ADOPT, AMEND, OR REPEAL THE BY- LAWS; IV) APPROVE A PLAN OF MERGER OR CONSOLIDATION; V) APPROVE THE SALE, LEASE OR EXCHANGE, OR THE MORTGAGE, PLEDGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE FOUNDATION; OR VI) APPROVE THE REVOCATION OF THE VOLUNTARY DISSOLUTION PROCEEDINGS. THE EXECUTIVE COMMITTEE MUST PROVIDE A FULL REPORT OF ITS ACTIONS TO THE BOARD OF TRUSTEES AT THE REGULAR BOARD MEETINGS.
FORM 990, PART VI, SECTION B, LINE 11:	AFTER INTERNAL REVIEW, THE CFO REVIEWS THE FORM 990 WITH THE AUDIT/FINANCE COMMITTEE AND ADDRESSES QUESTIONS FROM THE COMMITTEE. ELECTRONIC COPIES OF THE FORM 990 ARE PROVIDED TO THE FULL BOARD IN ADVANCE OF FILING.
FORM 990, PART VI, SECTION B, LINE 12C:	ANNUALLY, THE FOUNDATION DISTRIBUTES A COPY OF THE CONFLICT OF INTEREST POLICY, POLICY ON UNIVERSITY OF VIRGINIA RELATED FOUNDATIONS, AND A CONFLICT OF INTEREST FORM TO THE FOUNDATION'S TRUSTEES, OFFICERS, AND KEY EMPLOYEES. THE INDIVIDUALS ARE REQUIRED TO DISCLOSE ACTIVITY FOR THE NEXT YEAR AND VERIFY THE ACTIVITY IN THE CURRENT YEAR.
FORM 990, PART VI, SECTION B, LINE 15:	ALL COMPENSATION FOR FOUNDATION OFFICERS AND CERTAIN KEY EMPLOYEES IS APPROVED BY THE BOARD COMPENSATION COMMITTEE IN ACCORDANCE WITH THE IRS REBUTTABLE PRESUMPTION OF REASONABLE STANDARD. EXECUTIVE COMPENSATION INCLUDES A BONUS WHICH IS BASED ON KEY METRICS, ESTABLISHED BY THE BOARD. ON AN ANNUAL BASIS, THE BOARD COMPENSATION COMMITTEE REVIEWS THOSE EMPLOYEES DEEMED TO BE DISQUALIFIED AS DEFINED BY THE INTERNAL REVENUE SERVICE. THEY REVIEW AND APPROVE ALL FACETS OF EXECUTIVE COMPENSATION FOR THE UPCOMING FISCAL YEAR AND AT ITS CONCLUSION, REVIEW AND APPROVE ANY PAYOUTS OF BONUSES.
FORM 990, PART VI, SECTION C, LINE 19:	THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:	GAIN ON INTEREST RATE SWAPS $5,414,209
FORM 990, PART XII, LINE 2C:	THERE HAVE BEEN NO CHANGES TO THE FOUNDATION'S PROCESS FOR THE SELECTION OF EXTERNAL AUDITORS OR OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT.
FORM 990 PART IX LINE 11G	DESCRIPTION:TEACHING FEES TOTAL FEES:5136573
FORM 990 PART IX LINE 11G	DESCRIPTION:TEMPORARY STAFFING TOTAL FEES:360326
FORM 990 PART IX LINE 11G	DESCRIPTION:COMMISSIONS TOTAL FEES:215990
FORM 990 PART IX LINE 11G	DESCRIPTION:OTHERS TOTAL FEES:2874533