WILLIAM & MARY FOUNDATION: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- WILLIAM & MARY FOUNDATION (EIN 54-0734117)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-11
- IRS object ID
- 202211319349303626
- Schema version
- 2020v4.0
- 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 C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-11T12:31:11-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7900 TYSONS ONE PLACE SUITE 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 | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540734117 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | William & Mary Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 7572211906 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5300 DISCOVERY PARK BLVD 3rd FLOOR | AddressLine1Txt |
| City | WILLIAMSBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 231882695 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM D COPAN JR | PersonNm |
| Person Title | ASSISTANT TREASURER | PersonTitleTxt |
| Signature | 2022-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WILLIAM D COPAN | PersonFirstNm |
| Person Last | JR | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN W SADOFF JR | PreparerPersonNm |
| PTIN | P00540589 | PTIN |
| Phone | 7032511000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM D COPAN JR | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5300 DISCOVERY PARK BLVD 3rd FLOOR | AddressLine1Txt |
| City | WILLIAMSBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 231882695 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $259,545,446 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WM.EDU/OFFICES/CWMF | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1939 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | TO AID, STRENGTHEN AND EXPAND, IN EVERY PROPER AND USEFUL WAY, THE WORK OF THE COLLEGE OF WILLIAM & MARY IN VIRGINIA, A PUBLIC UNIVERSITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 35 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 35 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 41 | TotalVolunteersCnt |
| Total Gross UBI | -$436,342 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $64,598,226 | PYContributionsGrantsAmt |
| CY Contributions Grants | $28,369,419 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $931,948 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,158,573 | CYProgramServiceRevenueAmt |
| PY Investment Income | $17,782,467 | PYInvestmentIncomeAmt |
| CY Investment Income | $43,354,248 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,324,230 | PYOtherRevenueAmt |
| CY Other Revenue | $5,491,222 | CYOtherRevenueAmt |
| PY Total Revenue | $88,636,871 | PYTotalRevenueAmt |
| CY Total Revenue | $79,373,462 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $45,123,683 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $30,617,913 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $886,424 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,708,992 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,623,691 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,297,955 | PYOtherExpensesAmt |
| CY Other Expenses | $4,704,391 | CYOtherExpensesAmt |
| PY Total Expenses | $49,308,062 | PYTotalExpensesAmt |
| CY Total Expenses | $39,031,296 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $39,328,809 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $40,342,166 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $868,886,184 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,122,551,962 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $28,514,080 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $35,724,609 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $840,372,104 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,086,827,353 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO AID, STRENGTHEN AND EXPAND, IN EVERY PROPER AND USEFUL WAY, THE WORK OF THE COLLEGE OF WILLIAM & MARY IN VIRGINIA, A PUBLIC UNIVERSITY. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $22,546,728 | ExpenseAmt |
| Grant | $19,179,502 | GrantAmt |
| Desc | THE FOUNDATION PROVIDES SUPPORT FOR SALARIES OF PROFESSORS AND OTHER STAFF AND OTHER GENERAL SUPPORT FOR THE COLLEGE OF WILLIAM & MARY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $11,179,686 | ExpenseAmt |
| Grant | $11,179,686 | GrantAmt |
| Desc | THE FOUNDATION PROVIDES FINANCIAL AID FOR STUDENTS OF THE COLLEGE OF WILLIAM & MARY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $258,725 | ExpenseAmt |
| Grant | $258,725 | GrantAmt |
| Revenue | $1,242,684 | RevenueAmt |
| Desc | THE FOUNDATION PROVIDES SUPPORT FOR OTHER RELATED ORGANIZATIONS. ADDITIONAL DETAILS CAN BE FOUND IN PART IX AND SCHEDULE I. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenue | $915,889 | RevenueAmt |
| Desc | RENT REVENUE | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Revenue | $915,889 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $33,985,139 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | 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 | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | 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 | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| 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 | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 30 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | HK | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Foreign Country | CA | ForeignCountryCd |
| Foreign Country | DA | ForeignCountryCd |
| 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 | 35 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 35 | 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 | Yes (true) | 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 | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | 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 | NV | 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 | OH | 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 | WA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Karyn Tancredi | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7572212744 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5300 Discovery Park Boulevard | AddressLine1Txt |
| City | Williamsburg | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 231882695 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| CLIFFORD B FLEET III | ||||||||
| TRUSTEE/VICE CHAIRPERSON FOR DEVELOPMENT STRATEGY | 1.0 | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JILL MARIE LORD | ||||||||
| TRUSTEE/SECRETARY | 1.0 | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MICHAEL K POWELL | ||||||||
| TRUSTEE/CHAIRPERSON OF THE BOARD | 1.0 | 1.8 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ALAN D HILLIKER | ||||||||
| TRUSTEE (TERM ENDED 10/20) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| ANDREW W HORROCKS | ||||||||
| TRUSTEE | 1.0 | 1.5 | Yes (X) | $0 | $0 | $0 | ||
| AUDRA LYNN MALLOW | ||||||||
| TRUSTEE (TERM ENDED 10/20) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| BROOKE TRIBLE WEINMANN | ||||||||
| TRUSTEE | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES ANDREW WATERS | ||||||||
| TRUSTEE (TERM ENDED 10/20) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| CHET M THAKER | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINE MARIE VILLA | ||||||||
| TRUSTEE | 1.0 | 0.3 | Yes (X) | $0 | $0 | $0 | ||
| DARPAN S KAPADIA | ||||||||
| TRUSTEE (TERM BEGAN 10/20) | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| DAVID J JALLITS | ||||||||
| TRUSTEE | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| DAVID K STONE | ||||||||
| TRUSTEE (TERM ENDED 03/21) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| DAVID N KELLEY | ||||||||
| TRUSTEE | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| DAVID R COVIN | ||||||||
| TRUSTEE | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| DAWN M ARNALL | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| ELIZABETH CABELL JENNINGS | ||||||||
| TRUSTEE/VICE CHAIRPERSON FOR INVESTMENTS | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| HOWARD DALE MCFADDEN | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| HYLAH B BALLOWE | ||||||||
| TRUSTEE (TERM BEGAN 10/20) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| J SCOTT PERKINS | ||||||||
| TRUSTEE | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| JANE CHURCH HORVATH | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| JANET R ATWATER | ||||||||
| TRUSTEE | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER T MACKESY | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| JODY W FORSYTH | ||||||||
| TRUSTEE | 1.0 | 1.5 | Yes (X) | $0 | $0 | $0 | ||
| JOHN E LITTEL | ||||||||
| TRUSTEE/VOTING EX-OFFICO | 1.0 | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| JOHN E SIMMONS | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| JOHN STRUTH NOVOGRATZ | ||||||||
| TRUSTEE (TERM ENDED 10/20) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| KATHERINE A ROWE | ||||||||
| TRUSTEE/ VOTING EX-OFFICIO | 1.0 | 0.2 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN M PHILLIPS | ||||||||
| TRUSTEE | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| LOUIS GERARD DUDNEY | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| MARK C BUSH | ||||||||
| TRUSTEE (TERM BEGAN 10/20) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| MARYELLEN FARMER FEELEY | ||||||||
| TRUSTEE (TERM ENDED 10/20) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| MASHEA M ASHTON | ||||||||
| TRUSTEE (TERM BEGAN 10/20) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| MELISSA D FRIEDERY | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL C SAPNAR | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL P FORADAS | ||||||||
| TRUSTEE (TERM ENDED 10/20) | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| PAMELA JORDAN PENNY | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| PENELOPE H MEREDITH | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| RAELENE C WAGONER | ||||||||
| TRUSTEE | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| SHELLEY B GOODE | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| TERI DALE DUNGAN | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| TODD A STOTTLEMYER | ||||||||
| TRUSTEE (TERM BEGAN 10/20) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| AMY S SEBRING | ||||||||
| CHIEF FINANCIAL OFFICER AND TREASURER | 15.0 | 45.0 | Yes (X) | $326,267 | $0 | $20,290 | ||
| JULIE S LEACH | ||||||||
| EXECUTIVE DIRECTOR | 40.0 | 0.0 | Yes (X) | $61,889 | $0 | $3,179 | ||
| MATTHEW T LAMBERT | ||||||||
| CHIEF EXECUTIVE OFFICER | 30.0 | 30.0 | Yes (X) | $433,726 | $0 | $22,543 | ||
| WILLIAM D COPAN JR | ||||||||
| ASSISTANT TREASURER | 12.5 | 37.5 | Yes (X) | $184,671 | $0 | $6,572 | ||
| CATHERINE MOUNTJOY | ||||||||
| DIRECTOR OF INVESTMENTS | 5.0 | 40.0 | $375,301 | $0 | $14,019 | Yes (X) | ||
| F BRIAN HIESTAND | ||||||||
| CHIEF INVESTMENT OFFICER | 10.0 | 40.0 | $560,495 | $0 | $6,490 | Yes (X) | ||
| KARYN A TANCREDI | ||||||||
| CONTROLLER | 50.0 | 0.0 | $149,061 | $0 | $26,290 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,091,410 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $99,383 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (true) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Blackbaud Inc | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 Fairchild Street | AddressLine1Txt |
| City | Charleston | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29492 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | System Implementation | ServicesDesc |
| Compensation | $718,866 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $28,369,419 | AllOtherContributionsAmt |
| Noncash Contributions | $6,593,540 | NoncashContributionsAmt |
| Total Contributions | $28,369,419 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RENT OF BUILDINGS TO CW&M | 531120 | $915,889 | $915,889 |
| Management Fees | 525910 | $1,242,684 | $1,242,684 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,158,573 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,944,586 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$436,342 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,380,928 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $218,581,646 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $180,171,984 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $38,409,662 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $38,409,662 | TotalRevenueColumnAmt |
| Exclusion | $38,409,662 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FUNDS HELD IN TRUST | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $5,443,525 | TotalRevenueColumnAmt |
| Exclusion | $5,443,525 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $47,697 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $47,697 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $5,491,222 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $79,373,462 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,158,573 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$436,342 | UnrelatedBusinessRevenueAmt |
| Exclusion | $49,281,812 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,617,913 | TotalAmt |
| Program Services | $30,617,913 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,748,407 | TotalAmt |
| Program Services | $823,239 | ProgramServicesAmt |
| Management And General | $559,416 | ManagementAndGeneralAmt |
| Fundraising | $1,365,752 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $425,634 | TotalAmt |
| Program Services | $52,017 | ProgramServicesAmt |
| Management And General | $226,602 | ManagementAndGeneralAmt |
| Fundraising | $147,015 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $367,635 | TotalAmt |
| Program Services | $75,073 | ProgramServicesAmt |
| Management And General | $75,265 | ManagementAndGeneralAmt |
| Fundraising | $217,297 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $167,316 | TotalAmt |
| Program Services | $44,818 | ProgramServicesAmt |
| Management And General | $38,204 | ManagementAndGeneralAmt |
| Fundraising | $84,294 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $699,762 | TotalAmt |
| Program Services | $574,594 | ProgramServicesAmt |
| Management And General | $102,281 | ManagementAndGeneralAmt |
| Fundraising | $22,887 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $167,588 | TotalAmt |
| Program Services | $21,626 | ProgramServicesAmt |
| Management And General | $145,962 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,710 | TotalAmt |
| Program Services | $1,710 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,408,847 | TotalAmt |
| Program Services | $291,983 | ProgramServicesAmt |
| Management And General | $172,987 | ManagementAndGeneralAmt |
| Fundraising | $943,877 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,724 | TotalAmt |
| Program Services | $42,652 | ProgramServicesAmt |
| Management And General | $23,613 | ManagementAndGeneralAmt |
| Fundraising | $3,459 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $655,729 | TotalAmt |
| Program Services | $57,002 | ProgramServicesAmt |
| Management And General | $11,988 | ManagementAndGeneralAmt |
| Fundraising | $586,739 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $486,722 | TotalAmt |
| Program Services | $249,556 | ProgramServicesAmt |
| Fundraising | $237,166 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,060 | TotalAmt |
| Program Services | $41,133 | ProgramServicesAmt |
| Management And General | $1,927 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $646 | TotalAmt |
| Program Services | $349 | ProgramServicesAmt |
| Management And General | $297 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $343,427 | TotalAmt |
| Program Services | $313,316 | ProgramServicesAmt |
| Management And General | $30,111 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $326,964 | TotalAmt |
| Program Services | $324,756 | ProgramServicesAmt |
| Fundraising | $2,208 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $374,870 | TotalAmt |
| Program Services | $346,635 | ProgramServicesAmt |
| Management And General | $21,402 | ManagementAndGeneralAmt |
| Fundraising | $6,833 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BOOKS, SUBSCRIPTIONS | $106,975 | $93,219 | $10,381 | $3,375 |
| FOOD SERVICES | $4,390 | $2,575 | $1,815 | |
| PP&E RENT, MAINTENANCE | $66 | $66 | $0 | $0 |
| PUBLIC RELATIONS | $3,564 | $720 | $2,030 | $814 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,347 | TotalAmt |
| Program Services | $10,187 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $160 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,031,296 | TotalAmt |
| Program Services | $33,985,139 | ProgramServicesAmt |
| Management And General | $1,422,466 | ManagementAndGeneralAmt |
| Fundraising | $3,623,691 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,348,747 | BOYAmt |
| EOY | $15,743,451 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,434,031 | BOYAmt |
| EOY | $33,747,408 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,036,757 | BOYAmt |
| EOY | $1,173,884 | 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 | $907,667 | BOYAmt |
| EOY | $499,855 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $292,395 | BOYAmt |
| EOY | $511,752 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $16,942,017 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $9,756,924 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,565,858 | BOYAmt |
| EOY | $7,185,093 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,590,898 | BOYAmt |
| EOY | $5,639,106 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $630,787,510 | BOYAmt |
| EOY | $856,757,711 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,922,321 | BOYAmt |
| EOY | $201,293,702 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $868,886,184 | BOYAmt |
| EOY | $1,122,551,962 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,085,320 | BOYAmt |
| EOY | $1,210,576 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,839 | BOYAmt |
| EOY | $40,105 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,090,000 | BOYAmt |
| EOY | $8,090,000 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $325,004 | BOYAmt |
| EOY | $2,084,105 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,975,917 | BOYAmt |
| EOY | $24,299,823 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,514,080 | BOYAmt |
| EOY | $35,724,609 | 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 | $31,498,388 | BOYAmt |
| EOY | $40,271,640 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $808,873,716 | BOYAmt |
| EOY | $1,046,555,713 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $840,372,104 | BOYAmt |
| EOY | $1,086,827,353 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $868,886,184 | BOYAmt |
| EOY | $1,122,551,962 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $40,342,166 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $203,233,408 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $2,879,675 | OtherChangesInNetAssetsAmt |
| 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $32,615,151 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $34,728,386 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $46,053,202 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $64,598,226 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,369,419 | CurrentTaxYearAmt |
| Total | $206,364,384 | 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 | $32,615,151 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $34,728,386 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $46,053,202 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $64,598,226 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,369,419 | CurrentTaxYearAmt |
| Total | $206,364,384 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $30,441,378 | SubstantialContributorsTotAmt |
| Public Support Total170 | $175,923,006 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $24,007,976 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,636,285 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,797,716 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,648,076 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,860,474 | CurrentTaxYearAmt |
| Total | $52,950,527 | 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 | $4,691,470 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,210,616 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,298,930 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,324,230 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,733,906 | CurrentTaxYearAmt |
| Total | $27,259,152 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $286,574,063 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $878,319 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.6139 | PublicSupportCY170Pct |
| Public Support PY170 | 0.6342 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part II, Line 10 | LINE 10 IS SUBSTANTIALLY INCOME FROM FUNDS HELD IN TRUST FOR OTHERS ($5,443,525). |
| Schedule A, Part II, Line 10 Other Income | DESCRIPTION - , COLUMN A - 4691470.0, COLUMN B - 5210616.0, COLUMN C - 5298930.0, COLUMN D - 5324230.0, COLUMN E - 6733906.0, COLUMN F - 27259152.0; |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $1,710 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $1,710 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY | FormAndLineReferenceDesc |
| Explanation | DURING THE 2021 VIRGINIA GENERAL ASSEMBLY SESSION A REGISTERED LOBBYIST WAS PAID TO CONTACT ELECTED MEMBERS OF THE GENERAL ASSEMBLY TO SHARE INFORMATION ON PENDING LEGISLATION HELPFUL TO THE WILLIAM & MARY FOUNDATION. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $6,119,744 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | COLLECTION USED FOR TEACHING | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $577,882,344 | BeginningYearBalanceAmt |
| Contributions | $19,940,287 | ContributionsAmt |
| Investment Earnings Or Losses | $207,869,492 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,491,339 | GrantsOrScholarshipsAmt |
| Other Expenditures | $15,380,956 | OtherExpendituresAmt |
| Administrative Expenses | $1,815,000 | AdministrativeExpensesAmt |
| End Year Balance | $780,004,828 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $583,962,456 | BeginningYearBalanceAmt |
| Contributions | $21,185,597 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,713,926 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,705,208 | GrantsOrScholarshipsAmt |
| Other Expenditures | $15,031,575 | OtherExpendituresAmt |
| Administrative Expenses | $1,815,000 | AdministrativeExpensesAmt |
| End Year Balance | $577,882,344 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $553,237,491 | BeginningYearBalanceAmt |
| Contributions | $24,582,320 | ContributionsAmt |
| Investment Earnings Or Losses | $29,293,255 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,771,630 | GrantsOrScholarshipsAmt |
| Other Expenditures | $11,563,980 | OtherExpendituresAmt |
| Administrative Expenses | $1,815,000 | AdministrativeExpensesAmt |
| End Year Balance | $583,962,456 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $508,071,009 | BeginningYearBalanceAmt |
| Contributions | $20,597,328 | ContributionsAmt |
| Investment Earnings Or Losses | $44,683,234 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,844,551 | GrantsOrScholarshipsAmt |
| Other Expenditures | $8,454,529 | OtherExpendituresAmt |
| Administrative Expenses | $1,815,000 | AdministrativeExpensesAmt |
| End Year Balance | $553,237,491 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $458,546,529 | BeginningYearBalanceAmt |
| Contributions | $13,622,777 | ContributionsAmt |
| Investment Earnings Or Losses | $54,817,452 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,814,663 | GrantsOrScholarshipsAmt |
| Other Expenditures | $7,436,086 | OtherExpendituresAmt |
| Administrative Expenses | $1,665,000 | AdministrativeExpensesAmt |
| End Year Balance | $508,071,009 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.0354 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.4526 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.512 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,354,065 | OtherCostOrOtherBasisAmt |
| Book Value | $2,354,065 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,629,465 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,675,816 | DepreciationAmt |
| Book Value | $3,953,649 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,719,571 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,653,424 | DepreciationAmt |
| Book Value | $66,147 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,238,916 | OtherCostOrOtherBasisAmt |
| Depreciation | $427,684 | DepreciationAmt |
| Book Value | $811,232 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $7,185,093 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENT IN GRANTOR TRUST/PARTNERS FUND | $799,688,306 | F |
| DISCOUNT NOTES AND OTHER SHORT TERM INVESTMENTS | $56,354,765 | F |
| STOCK IN COLLEGE OF WILLIAM & MARY REAL ESTATE FOUNDATION | $5,000 | C |
| LIMITED PARTNERSHIPS | $372,280 | F |
| OTHER INVESTMENTS | $18,000 | F |
| CASH HELD FOR INVESTMENT | $319,360 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $856,757,711 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (6 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| COLLECTIONS | $6,119,744 |
| RECEIVABLE FROM CHARITABLE REMAINDER TRUSTS | $6,522,750 |
| CASH SURRENDER VALUE OF LIFE INSURANCE | $1,473,148 |
| UN-AMORTIZED BOND INSURANCE COST | $4,274 |
| FUNDS HELD IN TRUSTS BY OTHERS | $187,173,786 |
| RECEIVABLE FROM COLLEGE OF WILLIAM & MARY REAL ESTATE FOUNDATION |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $201,293,702 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED COMPENSATION LIABILITY | $422,508 |
| LIFE ESTATES RETAINED BY DONORS | $265,327 |
| OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS | $1,977,733 |
| FUNDS HELD FOR OTHERS | $21,634,255 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $24,299,823 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 4 Collections of art - description of collections | THE FOUNDATION OWNS WORKS OF ART FOR THE BENEFIT OF THE MUSCARELLE MUSEUM OF THE COLLEGE OF WILLIAM & MARY, AS WELL AS ANTIQUES USED BY THE COLLEGE OF WILLIAM & MARY IN VARIOUS BUILDINGS. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | PAYOUT FROM ENDOWMENT FUNDS IS USED FOR SCHOLARSHIPS, PROFESSORSHIPS AND OTHER DEPARTMENTAL USES, OR FOR THE GENERAL PURPOSES OF THE FOUNDATION OR THE COLLEGE OF WILLIAM & MARY. IN ADDITION TO ENDOWMENTS REPORTED IN SCHEDULE D, THE FOUNDATION HAS AN IRREVOCABLE INTEREST IN A PORTION OF THE INCOME FROM THESE ENTITIES. THE VALUE OF THE FOUNDATION'S INTEREST IN THESE ENTITIES IS REPORTED AS FUNDS HELD IN TRUST BY OTHERS, AND WAS $187,173,786 AND $149,682,432 AT JUNE 30, 2021 AND 2020, RESPECTIVELY. CHANGE IN THE VALUE OF THIS INTEREST DURING THE YEAR IS $37,491,354. THE FOUNDATION ALSO HOLDS CERTAIN ENDOWMENTS FOR THE BENEFIT OF THE OMOHUNDRO INSTITUTE OF EARLY AMERICAN HISTORY AND CULTURE VALUED AT $21,634,255 AND $16,599,405 AT JUNE 30, 2021 AND 2020, RESPECTIVELY. IN ACCORDANCE WITH ACCOUNTING GUIDANCE, THE OMOHUNDRO ENDOWMENTS ARE REPORTED WITH AN OFFSETTING LIABILITY AND ACTIVITY RELATING TO THE OMOHUNDRO ENDOWMENTS IS NOT REPORTED IN THE FOUNDATION'S STATEMENT OF ACTIVITY. AS A RESULT, THE OMOHUNDRO FUNDS ARE NOT INCLUDED IN PART V OF SCHEDULE D. DISTRIBUTIONS IN THE AMOUNT OF $726,288 WERE MADE FROM THE OMOHUNDRO ENDOWMENTS TO THE OMOHUNDRO INSTITUTE DURING THE YEAR. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The Foundation, CEI, the 1693 Foundation and the Fund are nonstock corporations which have been determined by the Internal Revenue Service to be exempt from taxes on income derived from activities related to its exempt purpose under Section 501(c)(3) of the Internal Revenue Code. The REF is a stock corporation, wholly owned by the Foundation, which has been determined by the Internal Revenue Service to be exempt from taxes on income derived from activities related to its exempt purpose under Section 501(c)(2) of the Internal Revenue Code. Reliance is a limited liability company which is not disregarded for tax purposes, and therefore is subject to tax. CWMF Ventures, Foundation Services, 1693 Management and Brown Hall, LLC are disregarded entities for income tax purposes, and all activity is reported on the Foundation's tax return. ASC Topic 740, Income Taxes, provides guidance for how uncertain tax positions should be recognized, measured, presented, and disclosed in financial statements. ASC Topic 740 requires the evaluation of tax positions taken or expected to be taken in the course of preparing tax returns of the Foundation and its affiliated entities to determine whether the tax positions will "more-likely-than-not" be sustained by the applicable tax authority. As a result, tax positions not meeting the more-likely-than-not threshold would result in a current year expense or the absence of a benefit, as appropriate for the tax position. The Foundation has concluded that no provision for income tax is required in the Foundation's financial statements for the years ended June 30, 2021 and 2020. As of June 30, 2020, the Foundation had federal net operating losses available for carryforward in the amount of $3,456,855 as a result of unrelated business taxable income ("UBTI") resulting from investments in the Trust. UBTI is taxed at the prevailing corporate tax rate. Reliance had a net operating loss carryforward of $171,102 as of June 30, 2020. The loss carryforwards begin to expire in 2027. Due to the uncertainty about whether these losses will result in a tax asset, no tax asset is recorded in the financial statements. Net operating losses arising in tax years ending after December 31, 2017 have an indefinite carryforward period. Losses arising in earlier tax years have a carryforward period of twenty years. Losses arising in tax years beginning after December 31, 2017 are limited to 80% of taxable income in the year deducted. The filing deadline for the June 30, 2021 return is May 16, 2022. In addition to the fiscal year ended June 30, 2021, the years ended June 30, 2020, 2019, and 2018 are open for inspection by the taxing authorities. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Investments | $55,078,844 |
| East Asia and the Pacific | 0 | 0 | Investments | $3,746,701 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Investments | $7,294,241 |
| North America (Canada & Mexico only) | 0 | 0 | Investments | $119,574 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $66,239,360 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $66,239,360 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (22 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $11,179,686 | SCHOLARSHIPS |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $2,313,782 | ADVANCEMENT FUNDING |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $2,056,721 | ALUMNI HOUSE EXPANSION |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $1,894,389 | ATHLETIC COMPLEX |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $1,058,993 | INTERCOLLEGIATE ATHLETICS |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $628,794 | BUSCH TEAM FACILITY BUILDING |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $605,259 | INSTITUTE INTEGRATIVE CONSERVATION |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $490,632 | CAMP LAUNCH PROGRAM |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $370,088 | SOCCER/LACROSSE PRACTICE FIELDS |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $318,646 | ROY R CHARLES ENDOWMENT |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $311,164 | HUNTER J SMITH ENDOWMENT |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $304,442 | WENDY & EMERY REVES ENDOWMENT |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $301,108 | INTEGRATIVE WELLNESS CENTER |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $281,181 | NATL INST OF AMERICAN HISTORY & DEMOCRACY |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $229,565 | LAMBERSON ENDOWMENT |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $225,490 | PRESIDENT'S STRATEGIC INVESTMENT FUND |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $196,705 | REVELEY GARDEN & CAMPUS BEAUTIFICATION |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $173,438 | ZABLE STADIUM IMPROVEMENTS |
| MURRAY 1693 SCHOLARS FOUNDATION | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 464365190 | 501(C)(3) | $98,511 | FOUNDATION ACTIVITIES |
| WILLIAM & MARY ALUMNI ASSOCIATION | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546054289 | 501(C)(3) | $149,060 | ACTIVITIES OF THE ALUMNI ASSN |
| OMOHUNDRO INSTITUTE OF EARLY AMERICAN HISTORY & CULTURE | |||||||
| PO BOX 8781 | WILLIAMSBURG | VA | 231878781 | 541045628 | 501(C)(3) | $10,153 | ACTIVITIES OF INSTITUTE |
| THE COLLEGE OF WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENITY | $7,419,105 | OTHER ACTIVITIES OF UNIVERSITY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIPS ARE AWARDED BY EITHER THE FINANCIAL AID OFFICE OR ACADEMIC DEPARTMENTS OF THE COLLEGE OF WILLIAM & MARY BASED ON FINANCIAL NEED, ACADEMIC ACHIEVEMENT AND OTHER SIMILAR STANDARDS. AT THE TIME OF DISBURSEMENT FOR SCHOLARSHIPS OR OTHER NEEDS, THE PURPOSE IS REVIEWED TO ENSURE IT IS IN COMPLIANCE WITH DONOR RESTRICTIONS, IF ANY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | 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 (6 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MATTHEW T LAMBERT | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $433,726 | $0 | $0 | $0 | $0 | $0 | $21,684 | $0 | $859 | $0 | $456,269 | $0 | $0 | $0 |
| AMY S SEBRING | ||||||||||||||
| CHIEF FINANCIAL OFFICER AND TREASURER | $326,267 | $0 | $0 | $0 | $0 | $0 | $19,307 | $0 | $983 | $0 | $346,557 | $0 | $0 | $0 |
| WILLIAM D COPAN JR | ||||||||||||||
| ASSISTANT TREASURER | $184,671 | $0 | $0 | $0 | $0 | $0 | $4,006 | $0 | $2,566 | $0 | $191,243 | $0 | $0 | $0 |
| F BRIAN HIESTAND | ||||||||||||||
| CHIEF INVESTMENT OFFICER | $301,388 | $0 | $259,107 | $0 | $0 | $0 | $4,967 | $0 | $1,523 | $0 | $566,985 | $0 | $0 | $0 |
| CATHERINE MOUNTJOY | ||||||||||||||
| DIRECTOR OF INVESTMENTS | $211,392 | $0 | $163,909 | $0 | $0 | $0 | $13,553 | $0 | $466 | $0 | $389,320 | $0 | $0 | $0 |
| KARYN A TANCREDI | ||||||||||||||
| CONTROLLER | $149,061 | $0 | $0 | $0 | $0 | $0 | $25,000 | $0 | $1,290 | $0 | $175,351 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a First-class or charter travel | DURING THE FISCAL YEAR CERTAIN TRIPS FOR FUNDRAISING PURPOSES MAY OCCUR WHERE THE VICE PRESIDENT FOR UNIVERSITY ADVANCEMENT AND OTHER FOUNDATION AND COLLEGE OF WILLIAM & MARY OFFICIALS USE CHARTER AIR TRAVEL TO SAVE TIME OR IT IS COST EFFICIENT FOR THE GROUP OF INDIVIDUALS TRAVELLING. THE VICE PRESIDENT FOR ADVANCEMENT IS AN OFFICER OF THE FOUNDATION. ANY CHARTER TRAVEL FOR THESE PURPOSES IS IN CONNECTION WITH HIS OFFICIAL DUTIES AS AN OFFICER OF THE FOUNDATION. IN ACCORDANCE WITH FOUNDATION POLICIES, THE USE OF CHARTER TRAVEL IS APPROVED IN ADVANCE BY THE TREASURER (OR OTHER RESPONSIBLE OFFICER) OF THE FOUNDATION IF DETERMINED TO BE A NECESSARY BUSINESS EXPENSE. |
| Schedule J, Part I, Line 7 Non-fixed payments | Brian Hiestand and Catherine Mountjoy received bonuses approved by the management company board. Bonuses are based on return of the Fund and other factors. |
| Schedule J, Part II | THE INDIVIDUALS LISTED IN PART II ARE EMPLOYEES OF THE COLLEGE OF WILLIAM & MARY. THE WILLIAM & MARY FOUNDATION AND THE COLLEGE OF WILLIAM & MARY ARE NOT RELATED ENTITIES. THE EMPLOYEE COMPENSATION IN PART II IS 100% PAID BY THE COLLEGE OF WILLIAM & MARY. ADDITIONAL INFORMATION REGARDING COMPENSATION, ETC. IS REPORTED IN SCHEDULE O. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ECONOMIC DEVELOPMENT AUTHORITY OF JAMES CITY COUNTY VIRGINIA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 541139263 | BondIssuerEIN |
| CUSIP | 000000000 | CUSIPNum |
| Bond Issued | 2011-12-20 | BondIssuedDt |
| Issue Price | $8,090,000 | IssuePriceAmt |
| Purpose | REFUND PRIOR TAX-EXEMPT BOND ISSUED 12/31/2006 | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $0 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $8,090,000 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $0 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $0 | CapitalExpendituresAmt |
| Other Spent Proceeds | $8,090,000 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Refunding Tax Exempt Bonds | Yes (true) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.0 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.0 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.0 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | Yes (true) | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | Yes (true) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule K, Part II, Line 13 SCHEDULE K, SUPPLEMENTAL INFORMATION: | FormAndLineReferenceDesc |
| Explanation | THE BOND ISSUED ON 12/20/2011 REFUNDED ON A CURRENT BASIS A PRIOR BOND ISSUED ON 12/21/2006, THE PROCEEDS OF WHICH WERE USED TO FINANCE A PROJECT SUBSTANTIALLY COMPLETED IN 2008. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 114 | ContributionCnt |
| Noncash Contributions Rpt F990 | $6,593,540 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| 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 I Explanations of reporting method for number of contributions | FormAndLineReferenceDesc |
| Explanation | Securities - Publicly traded - COLUMN B REFERS TO THE NUMBER OF CONTRIBUTORS. PUBLISHED FAIR VALUE ON THE DATE OF THE CONTRIBUTION IS USED TO DETERMINE VALUE. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ including grants of $)(Revenue $ 915,889) RENT REVENUE |
| Form 990, Part VI, Line 1a Material differences in voting rights | THE GOVERNING DOCUMENTS OF THE FOUNDATION AUTHORIZE THE EXECUTIVE COMMITTEE TO EXERCISE THE FULL POWER AND AUTHORITY OF THE BOARD OF TRUSTEES BETWEEN MEETINGS OF THE TRUSTEES EXCEPT TO THE EXTENT LIMITED BY THE ARTICLES OF INCORPORATION, THE BYLAWS AND THE LAWS OF THE COMMONWEALTH OF VIRGINIA. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE CHAIRPERSON AND VICE CHAIRPERSONS OF THE BOARD, SECRETARY, TREASURER, CHAIRPERSON OF EACH COMMITTEE, THE IMMEDIATE PAST CHAIRPERSON OF THE BOARD, AND AT LARGE TRUSTEES OF THE BOARD. ALL EXECUTIVE COMMITTEE MEMBERS ARE VOTING MEMBERS OF THE BOARD OF TRUSTEES. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | Through 12/31/2021, THE VIRGINIA INSTITUTE OF MARINE SCIENCE FOUNDATION, THE MARSHALL-WYTHE SCHOOL OF LAW FOUNDATION, AND THE WILLIAM AND MARY BUSINESS SCHOOL FOUNDATION EACH APPOINT ONE EX OFFICIO VOTING MEMBER OF THE WILLIAM & MARY FOUNDATION'S BOARD OF TRUSTEES. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | THE FOUNDATION PROVIDED A COPY OF FORM 990 TO THE GOVERNING BODY BEFORE IT WAS FILED. PRIOR TO FILING FORM 990, THE FOUNDATION'S CONTROLLER, ASSISTANT TREASURER AND THE COLLEGE OF WILLIAM & MARY'S VICE PRESIDENT FOR FINANCE (A NON-VOTING EX OFFICIO MEMBER OF THE BOARD TRUSTEES) REVIEW A DRAFT OF THE FORM. THE CONTROLLER AND ASSISTANT TREASURER REVIEW THE FINAL VERSION PRIOR TO SIGNING. |
| Form 990, Part VI, Line 12c Conflict of interest policy | ANNUAL DISCLOSURES ARE REVIEWED FOR POSSIBLE CONFLICTS, WHICH ARE ADDRESSED IN THE MANNER OUTLINED IN THE CONFLICT OF INTEREST POLICY. MATTERS RAISED EITHER PRIOR TO OR DURING A MEETING OF THE BOARD OR ANY COMMITTEE ARE ADDRESSED AT THAT TIME. THE POLICY COVERS BOARD MEMBERS AND KEY STAFF MEMBERS. VOTING BOARD MEMBERS ARE RESTRICTED FROM VOTING ON MATTERS IN WHICH THEY MAY HAVE A CONFLICT, AND ARE EXCUSED FROM MEETINGS WHEN A VOTE IS TAKEN. DETERMINATION OF WHETHER A CONFLICT EXISTS IS MADE AT THE COMMITTEE OR BOARD LEVEL, BASED ON AUTHORITY TO TAKE ACTION. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE CONSOLIDATED FINANCIAL STATEMENTS OF THE ORGANIZATION AND ITS RELATED ENTITIES ARE MADE AVAILABLE UPON REQUEST. CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE GENERALLY NOT AVAILABLE TO THE PUBLIC. |
| Form 990, Part VII, Section A, Line 2 | THE RESPONSE TO QUESTION 2 REPORTS THE NUMBER OF STAFF IDENTIFIED WHO HAVE REPORTABLE COMPENSATION AND PERFORM SERVICES FOR THE FOUNDATION. NONE OF THE STAFF ARE EMPLOYEES OF THE FOUNDATION. THEY ARE EMPLOYEES OF THE COLLEGE OF WILLIAM & MARY. THE UNIVERSITY IS REIMBURSED FOR THE COMPENSATION OF UNIVERSITY EMPLOYEES WHO PERFORM SERVICES EXCLUSIVELY FOR THE FOUNDATION. THEIR COMPENSATION IS REPORTED IN COLUMN E (RELATED ORGANIZATIONS) RECOGNIZING THEIR EMPLOYER IS NOT THE FOUNDATION. |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | Other - Total Revenue: 47697, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 47697; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | CHANGE IN VALUE OF SPLIT INTERESTS - 1164296; CHANGE IN VALUE OF LIFE INSURANCE SURRENDER VALUE - 54897; Asset transfer from related organization - 1660482; |
| SCHEDULE J, PART II | F. BRIAN HIESTAND, CATHERINE MOUNTJOY, AND WILLIAM D. COPAN, JR. ARE LEGAL EMPLOYEES OF THE COLLEGE OF WILLIAM & MARY (UNIVERSITY). THE UNIVERSITY IS NOT RELATED TO THE WILLIAM & MARY FOUNDATION (FOUNDATION) AS IT MEETS NONE OF THE DEFINITIONS OF RELATIONSHIPS OUTLINED IN THE INSTRUCTIONS TO THE 2020 FORM 990. THE FOUNDATION REIMBURSES THE UNIVERSITY FOR ALL COMPENSATION COSTS, THEN IS ITSELF REIMBURSED BY THE 1693 PARTNERS FUND FOR ALL OR A PORTION OF THE COMPENSATION FOR THESE THREE INDIVIDUALS. THE FOUNDATION HELD APPROXIMATELY AN 84% INTEREST IN 1693 PARTNERS FUND. |
| PART VI, SECTION A, LINE 1 | THE GOVERNING DOCUMENTS OF THE FOUNDATION AUTHORIZE THE EXECUTIVE COMMITTEE TO EXERCISE THE FULL POWER AND AUTHORITY OF THE BOARD OF TRUSTEES BETWEEN MEETINGS OF THE TRUSTEES EXCEPT TO THE EXTENT LIMITED BY THE ARTICLES OF INCORPORATION, THE BYLAWS AND THE LAWS OF THE COMMONWEALTH OF VIRGINIA. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE CHAIRPERSON AND VICE CHAIRPERSONS OF THE BOARD, SECRETARY, TREASURER, CHAIRPERSON OF EACH COMMITTEE, THE IMMEDIATE PAST CHAIRPERSON OF THE BOARD, AND AT LARGE TRUSTEES OF THE BOARD. ALL EXECUTIVE COMMITTEE MEMBERS ARE VOTING MEMBERS OF THE BOARD OF TRUSTEES. |
| PART VI, SECTION B, LINE 15; AND PART V, LINE 1B | THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES OF RECORD. ALL WORK IS PERFORMED BY EMPLOYEES OF THE COLLEGE OF WILLIAM & MARY. THE ORGANIZATION MAY THEN REIMBURSE THE UNIVERSITY FOR ALL OR PART OF SALARY AND BENEFIT COSTS. THE SALARIES IN LINE 7 OF PART IX REFLECT COSTS FOR STAFF WHO PERFORM DUTIES RELATING TO FOUNDATION OPERATIONS. COMPENSATION IS GENERALLY ESTABLISHED WITHIN THE GUIDELINES OF THE UNIVERSITY, INCLUDING COMPARABLE MARKET DATA AS APPROPRIATE. COMPENSATION LISTED FOR THE ASSISTANT TREASURER REPRESENTS PAY AS A KEY EMPLOYEE. COMPENSATION LISTED FOR THE CONTROLLER REPRESENTS PAY AS A KEY EMPLOYEE. COMPENSATION FOR THE CHIEF INVESTMENT OFFICER IS DETERMINED IN PART BY THE BOARD OF MANAGERS OF THE 1693 MANAGEMENT CO, LLC, A SINGLE-MEMBER LLC OF THE FOUNDATION, WHICH CONSIDERED A SURVEY OF COMPENSATION OF INDIVIDUALS IN SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS. |
| GENERAL SECTION 351 | The William and Mary Investment Trust ("the Trust"), a group grantor trust under Virginia law, was established July 1, 2004 and provided a platform for tax-exempt organizations affiliated with the University (each a "Grantor" and collectively the "Grantors") to invest their endowment assets prior to the organization of the 1693 Partners Fund ("the Fund"). Each Grantor to the Trust owned an interest proportional to the value of the assets transferred to the Trust, which was increased or decreased with subsequent contributions or distributions. Effective December 31, 2020, William & Mary Foundation, trustee of the Trust, adopted the Plan of Dissolution, Grantor Account Termination and Complete Liquidation (the "Plan"). The Plan undertook the request of the Grantors to terminate their grantor accounts by contributing the net assets of the Trust to the Fund. Pursuant to the terms of the Agreements and the Assignment and Contribution Agreement between the Fund and the Trust, the Members agreed to deposit, without limitation, their interests in the assets of the Trust to the Fund. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| CWMF VENTURES LLC | |||||||||
| 5300 DISCOVERY PARK BOULEVARD | WILLIAMSBURG | VA | 231882695 | 208014108 | CONSTRUCT AND OWN A 3-STORY OFFICE BUILDING | VA | $727,273 | $7,025,299 | WILLIAM & MARY FOUNDATION |
| FOUNDATION SERVICES LLC | |||||||||
| 5300 Discovery Park Boulevard | WILLIAMSBURG | VA | 231882695 | 352687031 | SUPPORT THE WILLIAM & MARY FOUNDATION | VA | $28,934 | $138,064 | WILLIAM & MARY FOUNDATION |
| 1693 MANAGEMENT COMPANY LLC | |||||||||
| 5300 Discovery Park Boulevard | WILLIAMSBURG | VA | 231882695 | 843512679 | MANAGEMENT OF 1693 PARTNERS FUND | VA | $1,242,684 | $2,075,392 | WILLIAM & MARY FOUNDATION |
| BROWN HALL LLC | |||||||||
| 5300 DISCOVERY PARK BOULEVARD | WILLIAMSBURG | VA | 231882695 | OWN RESIDENCE HALL | VA | $158,145 | $37,199 | WILLIAM & MARY FOUNDATION | |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| COLLEGE ENTERPRISES INC | ||||||||||
| 5300 DISCOVERY PARK BOULEVARD | WILLIAMSBURG | VA | 231882695 | 541838292 | OWN AND OPERATE THE TELECOM EQUIPMENT OF THE COLLEGE OF WILLIAM & MARY | VA | 501(c)(3) | WILLIAM & MARY FOUNDATION | Yes (true) | |
| MURRAY 1693 SCHOLARS FOUNDATION | ||||||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 464365190 | SUPPORT OF WILLIAM &MARY 1693 SCHOLARS PROGRAM | VA | 501(c)(3) | WILLIAM & MARY FOUNDATION | Yes (true) | |
| THE COLLEGE OF WILLIAM AND MARY REAL ESTATE FOUNDATION | ||||||||||
| 5300 DISCOVERY PARK BOULEVARD | WILLIAMSBURG | VA | 231882695 | 541720019 | HOLD TITLE TO REAL ESTATE PROPERTY AND COLLECT INCOME THEREFROM | VA | 501(c)(2) | WILLIAM & MARY FOUNDATION | Yes (true) | |
| 1693 PARTNERS FUND | ||||||||||
| 5300 DISCOVERY PARK BOULEVARD | WILLIAMSBURG | VA | 231882695 | 843505125 | INVESTMENT OF ENDOWMENT | VA | 501(c)(3) | WILLIAM & MARY FOUNDATION | Yes (true) | Type I |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| THE WILLIAM AND MARY INVESTMENT TRUST | |||||||||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 556166416 | INVESTMENTS | VA | WILLIAM & MARY FOUNDATION | Trust | $130,744,232 | $84,732 | 0.839 | Yes (true) | |
| RELIANCE HOLDINGS LLC | |||||||||||||
| INVESTMENTS ADMINISTRATION | WILLIAMSBURG | VA | 231882695 | 541995402 | HOLD MEMBERSHIP INTEREST IN NEW TOWN ASSOCIATES LLC | VA | THE COLLEGE OF WILLIAM & MARY REAL ESTATE FOUNDATION | C Corporation | -$513 | -$4,421 | 0.01 | false | 5300 DISCOVERY PARK BOULEVARD |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| THE COLLEGE OF WILLIAM AND MARY REAL ESTATE FOUNDATION | ||
| D | $632,859 | ACTUAL AMOUNT |
| MURRAY 1693 SCHOLARS FOUNDATION | ||
| B | $98,511 | ACTUAL AMOUNT |
| 1693 Partners Fund | ||
| Q | $1,242,684 | Actual Amount |
| 1693 Partners Fund | ||
| R | $7,752,600 | Actual Amount |
| 1693 Partners Fund | ||
| S | $13,431,391 | FMV |