UNIVERSITY OF MARY WASHINGTON FOUNDATION: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF MARY WASHINGTON FOUNDATION (EIN 54-0169627)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2018-05-11
- IRS object ID
- 201811319349304506
- Schema version
- 2016v3.0
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-05-11T15:35:03-05:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560747981 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIXON HUGHES GOODMAN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 EAST CARY STREET SUITE 1000 | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540169627 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF MARY WASHINGTON FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 5404791893 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1125 Jefferson Davis Highway No 200 | AddressLine1Txt |
| City | FREDERICKSBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jeff W Rountree | PersonNm |
| Person Title | Chief Executive Officer | PersonTitleTxt |
| Phone | 5404791892 | PhoneNum |
| Signature | 2018-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANGELA CAIN | PreparerPersonNm |
| PTIN | P01244249 | PTIN |
| Phone | 8042827636 | PhoneNum |
| Preparation | 2018-05-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Jeff W Rountree | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1125 Jefferson Davis Highway No 200 | AddressLine1Txt |
| City | FREDERICKSBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $34,635,234 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.umwf.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1975 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | TO RECEIVE, HOLD, AND ADMINISTER FUNDS AND PROPERTY OF ALL KINDS, FOR THE FURTHERANCE OF THE OBJECTIVES OF THE UNIVERSITY OF MARY WASHINGTON. | ActivityOrMissionDesc |
| Voting Members Governing Body | 34 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 34 | VotingMembersIndependentCnt |
| Total Employee | 6 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | -$350,951 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$356,563 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,101,495 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,847,449 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,605,692 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,605,168 | CYProgramServiceRevenueAmt |
| PY Investment Income | $99,638 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,077,152 | CYInvestmentIncomeAmt |
| PY Other Revenue | $339,851 | PYOtherRevenueAmt |
| CY Other Revenue | $210,541 | CYOtherRevenueAmt |
| PY Total Revenue | $15,146,676 | PYTotalRevenueAmt |
| CY Total Revenue | $15,740,310 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,217,704 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,721,794 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,300,275 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,596,539 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $529,391 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,029,787 | PYOtherExpensesAmt |
| CY Other Expenses | $8,866,558 | CYOtherExpensesAmt |
| PY Total Expenses | $14,547,766 | PYTotalExpensesAmt |
| CY Total Expenses | $15,184,891 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $598,910 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $555,419 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $176,064,393 | TotalAssetsBOYAmt |
| Total Assets EOY | $178,564,338 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $153,789,043 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $144,105,586 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $22,275,350 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $34,458,752 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To receive, hold, invest, administer and distribute funds and property of all kinds, exclusively in furtherance of the educational activities and objectives of the University of Mary Washington. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $12,917,689 | ExpenseAmt |
| Grant | $4,721,794 | GrantAmt |
| Revenue | $8,605,168 | RevenueAmt |
| Desc | The UMW Foundation serves as the private asset manager for the University of Mary Washington. The Foundation manages all of the University's privately donated cash and investments as well as being engaged in real estate acquisition, development and management on behalf of the institution. | Desc |
| Total Program Service Expenses | $12,917,689 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | Yes (1) | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 130 | IRPDocumentCnt |
| IRP Document W2 G | 1 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 6 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 34 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 34 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | 0 | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5404791893 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1125 Jefferson Davis Highway No 200 | AddressLine1Txt |
| City | FREDERICKSBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22401 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Kathleen Shepherd Mehfoud | |||||||
| CHAIRMAN | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| EDWARD V ALLISON JR | |||||||
| VICE CHAIRMAN | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| THERESA YOUNG CRAWLEY | |||||||
| SECRETARY | 0.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Richard V HURLEY | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| mark Kuechler | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| F EUGENE BAILEY | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Monecia Helton Shelton | |||||||
| Director | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Michael A Cirami | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Lisa Bratton Soltis | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Jeane Baughan Stone | |||||||
| DiRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Sean M Tuffy | |||||||
| dIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Donald H Newlin | |||||||
| DiRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| RITA MORGAN STONE | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| DIANA RUPERT LIVINGSTON | |||||||
| DiRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| CAROL MULDOON MARTEL | |||||||
| DiRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| ANDREW PAINTER | |||||||
| DiRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| XAVIER R RICHARDSON | |||||||
| DiRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT J BARRY ESQ | |||||||
| DiRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Patricia Boise Kemp | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| SYLVIA MCJILTON WOODCOCK | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Patricia B Revere | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Mona D Albertine | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Dori Eglevsky | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Samuel C Harding Jr | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| FLORIAN N HOFER | |||||||
| dIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| LLOYD TILTON BACKSTROM | |||||||
| DiRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Joseph W Grzeika | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| H CONRAD WARLICK | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Lynne Williams Neave | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Lee Enos Kelley | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Troy D Paino | |||||||
| DiRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Angela Mills | |||||||
| DiRECTOR (Ex-officio) | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD R PEARCE | |||||||
| DIRECTOR (Ex-officio) | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| Fred M Rankin III | |||||||
| DIRECTOR (Ex-officio) | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| JEFF W ROUNTREE | |||||||
| CHIEF EXECUTIVE OFFICER | 65.00 | Yes (X) | $311,928 | $0 | $43,613 | ||
| Greg A Branner | |||||||
| Chief Financial Officer/Tr | 55.00 | Yes (X) | $135,478 | $0 | $32,048 | ||
| Shannon C Williams | |||||||
| Controller | 45.00 | $108,356 | $0 | $13,393 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $555,762 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $89,054 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Donley's LLC | |||||
| 7325 Beufont Springs Drive Suite 3 | richmond | VA | 23225 | Construction | $808,182 |
| Sodexo Inc & Affiliates | |||||
| 9801 Washingtonian blvd | gaithersburg | MD | 20878 | catering | $230,637 |
| AVI-SPL | |||||
| 540 Huntmar Park Dr Suite B | Herndon | VA | 20170 | Technology Services | $203,995 |
| Artemis Wealth Advisors LLC | |||||
| 168 5th ave | new york | NY | 10010 | investment services | $179,924 |
| Dixon Hughes Goodman LLP | |||||
| 901 E Cary Street 10th floor | richmond | VA | 23219 | accounting services | $117,725 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $21,465 | RelatedOrganizationsAmt |
| All Other Contributions | $5,825,984 | AllOtherContributionsAmt |
| Noncash Contributions | $752,772 | NoncashContributionsAmt |
| Total Contributions | $5,847,449 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Student dorm rental | 532000 | $7,441,659 | $7,441,659 |
| Faculty rental income | 532000 | $747,586 | $747,586 |
| Miscellaneous program income | 900099 | $415,923 | $415,923 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,605,168 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $379,106 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$350,951 | UnrelatedBusinessRevenueAmt |
| Exclusion | $730,057 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,714,488 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,503,947 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $210,541 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $210,541 | TotalRevenueColumnAmt |
| Exclusion | $210,541 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $17,006,823 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $16,308,777 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $698,046 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $698,046 | TotalRevenueColumnAmt |
| Exclusion | $698,046 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $82,200 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $82,200 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,740,310 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,605,168 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$350,951 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,638,644 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,721,794 | TotalAmt |
| Program Services | $4,721,794 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $540,685 | TotalAmt |
| Program Services | $146,786 | ProgramServicesAmt |
| Management And General | $283,809 | ManagementAndGeneralAmt |
| Fundraising | $110,090 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,055,854 | TotalAmt |
| Program Services | $386,632 | ProgramServicesAmt |
| Management And General | $669,222 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,831 | TotalAmt |
| Program Services | $14,831 | ProgramServicesAmt |
| Management And General | $3,000 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,440 | TotalAmt |
| Management And General | $25,440 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,553 | TotalAmt |
| Management And General | $107,553 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,613 | TotalAmt |
| Program Services | $47,613 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $469,460 | TotalAmt |
| Program Services | $81,580 | ProgramServicesAmt |
| Management And General | $387,880 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,897 | TotalAmt |
| Management And General | $36,907 | ManagementAndGeneralAmt |
| Fundraising | -$10 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,261 | TotalAmt |
| Fundraising | $55,261 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $547,195 | TotalAmt |
| Program Services | $451,819 | ProgramServicesAmt |
| Management And General | $83,381 | ManagementAndGeneralAmt |
| Fundraising | $11,995 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $707,657 | TotalAmt |
| Program Services | $689,940 | ProgramServicesAmt |
| Management And General | $17,717 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,325 | TotalAmt |
| Program Services | $10,727 | ProgramServicesAmt |
| Management And General | $14,598 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,670 | TotalAmt |
| Management And General | $59,810 | ManagementAndGeneralAmt |
| Fundraising | $18,860 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,288,229 | TotalAmt |
| Program Services | $4,288,229 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,144,874 | TotalAmt |
| Program Services | $1,999,539 | ProgramServicesAmt |
| Management And General | $22,764 | ManagementAndGeneralAmt |
| Fundraising | $122,571 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | FundraisingFundraisingAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| Donor events | $80,427 | $80,427 | |
| Other fundraising expen | $78,406 | $78,406 | |
| Gift in kind expense | $53,358 | $53,358 | |
| Donor cultivation | $51,791 | $51,791 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,571 | TotalAmt |
| Program Services | $24,841 | ProgramServicesAmt |
| Management And General | $25,730 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,184,891 | TotalAmt |
| Program Services | $12,917,689 | ProgramServicesAmt |
| Management And General | $1,737,811 | ManagementAndGeneralAmt |
| Fundraising | $529,391 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,381,189 | BOYAmt |
| EOY | $291,195 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,352,415 | BOYAmt |
| EOY | $5,280,494 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,280,228 | BOYAmt |
| EOY | $2,050,615 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $861,663 | BOYAmt |
| EOY | $2,222,518 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,314,563 | BOYAmt |
| EOY | $1,314,563 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,544 | BOYAmt |
| EOY | $110,946 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $135,866,499 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $22,736,064 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,200,892 | BOYAmt |
| EOY | $113,130,435 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,078,636 | BOYAmt |
| EOY | $34,404,639 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,672,968 | BOYAmt |
| EOY | $7,599,400 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $432,912 | BOYAmt |
| EOY | $235,997 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,361,383 | BOYAmt |
| EOY | $11,923,536 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $176,064,393 | BOYAmt |
| EOY | $178,564,338 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $737,456 | BOYAmt |
| EOY | $647,915 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,413 | BOYAmt |
| EOY | $41,932 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,790,000 | BOYAmt |
| EOY | $79,998,496 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,679,159 | BOYAmt |
| EOY | $42,260,671 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,513,015 | BOYAmt |
| EOY | $21,156,572 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $153,789,043 | BOYAmt |
| EOY | $144,105,586 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$38,900,253 | BOYAmt |
| EOY | -$30,703,030 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,259,521 | BOYAmt |
| EOY | $14,910,788 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,916,082 | BOYAmt |
| EOY | $50,250,994 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,275,350 | BOYAmt |
| EOY | $34,458,752 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $176,064,393 | BOYAmt |
| EOY | $178,564,338 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $555,419 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,961,978 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $8,666,005 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | 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 | $4,589,527 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,006,987 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,104,595 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,101,495 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,847,449 | CurrentTaxYearAmt |
| Total | $30,650,053 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,514,913 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,571,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,444,395 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,509,113 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,426,795 | CurrentTaxYearAmt |
| Total | $7,466,216 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,104,440 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,577,987 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,548,990 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,610,608 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,274,244 | CurrentTaxYearAmt |
| Total | $38,116,269 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,740,517 | SubstantialContributorsTotAmt |
| Public Support Total170 | $33,375,752 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,906,746 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,034,064 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,965,312 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,488,236 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,444,545 | CurrentTaxYearAmt |
| Total | $16,838,903 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $54,955,172 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $40,615,603 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.60730 | PublicSupportCY170Pct |
| Public Support PY170 | 0.60120 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $47,613 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $47,613 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II-B, Line 1: | FormAndLineReferenceDesc |
| Explanation | During this fiscal year, the state legislature was considering bills to provide funding to the University of Mary Washington and other higher education institutions in Virginia. The Foundation, on behalf of the University, supported the cost of consultants who made direct contact with members of the General Assembly or their staff. The consultants also monitored legislation and advised University management of the status of the legislation. Also included are out-of-pocket costs paid to the consultants for copying, phone calls and lobbyist's registration fees. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $303,838 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $43,653,068 | BeginningYearBalanceAmt |
| Contributions | $2,522,015 | ContributionsAmt |
| Investment Earnings Or Losses | $4,162,936 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,381,137 | OtherExpendituresAmt |
| End Year Balance | $47,956,882 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $45,668,363 | BeginningYearBalanceAmt |
| Contributions | $2,667,732 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,475,657 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,207,370 | OtherExpendituresAmt |
| End Year Balance | $43,653,068 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $46,389,394 | BeginningYearBalanceAmt |
| Contributions | $2,149,663 | ContributionsAmt |
| Investment Earnings Or Losses | -$634,685 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,236,009 | OtherExpendituresAmt |
| End Year Balance | $45,668,363 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $41,385,223 | BeginningYearBalanceAmt |
| Contributions | $2,137,246 | ContributionsAmt |
| Investment Earnings Or Losses | $4,893,164 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,026,239 | OtherExpendituresAmt |
| End Year Balance | $46,389,394 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $36,201,131 | BeginningYearBalanceAmt |
| Contributions | $3,243,786 | ContributionsAmt |
| Investment Earnings Or Losses | $3,775,719 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,835,413 | OtherExpendituresAmt |
| End Year Balance | $41,385,223 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.81910 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.18090 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $11,230,207 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $23,005,193 | OtherCostOrOtherBasisAmt |
| Book Value | $34,235,400 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $17,334,404 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $77,347,141 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,573,289 | DepreciationAmt |
| Book Value | $76,108,256 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $3,790,104 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $2,753,711 | DepreciationAmt |
| Book Value | $1,036,393 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $476,496 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,351,948 | OtherCostOrOtherBasisAmt |
| Depreciation | $949,365 | DepreciationAmt |
| Book Value | $879,079 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,118,000 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $213,006 | OtherCostOrOtherBasisAmt |
| Depreciation | $459,699 | DepreciationAmt |
| Book Value | $871,307 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $113,130,435 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (7 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Cash surrender value of life insurance | $535,953 |
| Donated property - artwork | $303,838 |
| Deposits | $14,089 |
| Restricted deposits | $5,379,465 |
| Due from Eagle Hospitality | $173,789 |
| Investment in Eagle Hospitality | $5,217,519 |
| Other receivables | $298,883 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $11,923,536 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Gift Annuity Liability | $816,640 |
| Tenant Deposits | $98,312 |
| Interest Rate Swap Contracts | $19,664,351 |
| due to umw | $498,037 |
| due to alumni association | $79,232 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $21,156,572 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $35,449,555 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,961,978 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $1,494,786 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $14,941,693 | OtherRevenueAmt |
| Revenue Not Reported | $19,398,457 | RevenueNotReportedAmt |
| Revenue Subtotal | $16,051,098 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$310,788 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$310,788 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $15,740,310 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $23,266,153 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $1,494,786 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $6,586,476 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $8,081,262 | ExpensesNotReportedAmt |
| Expenses Subtotal | $15,184,891 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $15,184,891 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 4: | Art works have been accepted on behalf of the University Art Gallery and are in custodial care of the University. |
| Part V, Line 4: | The Foundation's endowment consists of multiple individual funds. The endowed funds are all donor-restricted endowments consisting of student scholarships and awards, faculty support, and other support of the arts and program operations. |
| Part X, Line 2: | The Foundation is exempt from income tax under the Internal Revenue Code Section 501(c)(3) and the tax statutes of the Commonwealth of Virginia; accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes. The LLCs, other than Eagle Hospitality, are disregarded entities for tax purposes and are included in the Foundation filings. There are certain activities conducted by the Foundation that are considered unrelated business activities which are not exempt from federal and state income tax. The Foundation files timely federal and state returns for these activities and makes the necessary tax payments, if applicable. |
| Part XI, Line 2d - Other Adjustments: | Unrealized GAIN on interest rate swap contracts 8,852,508. change in split interest agreements -35,182. change in cash surrender value of life insurance 23,167. GAMING EXPENSES NETTED IN REVENUE ON 990 82,200. interfund management fees 292,158. RENTAL EXPENSES NET WITH RENTAL INCOME ON 990 2,503,947. Eagle Hospitality Income included in Consolidated F/S 3,222,890. rounding 5. |
| Part XI, Line 4b - Other Adjustments: | Investment Income (loss) - Eagle Hospitality -365,193. Interest income on Eagle Hospitality loan 54,405. |
| Part XII, Line 2d - Other Adjustments: | GAMING EXPENSES NETTED IN REVENUE ON 990 82,200. interfund management fees 292,158. RENTAL EXPENSES NET WITH RENTAL INCOME ON 990 2,503,947. Eagle Hospitality expenses included in Consolidated F/S 3,751,015. Minority interest eliminating entry -42,850. rounding 6. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Central America and the Caribbean - | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $3,246,159 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $3,246,159 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $3,246,159 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 3, column f | FormAndLineReferenceDesc |
| Explanation | Amount at Part I, line 3, column f is investments reported on accrual basis. | ExplanationTxt |
Schedule G IRS990ScheduleG
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | $82,200 | GrossRevenueOtherGamingAmt |
| Cash Prizes Other Gaming | $10,000 | CashPrizesOtherGamingAmt |
| Oth Direct Expnss Other Gaming | $72,200 | OthDirectExpnssOtherGamingAmt |
| Volunteer Labor Other Gaming | 0 | VolunteerLaborOtherGamingInd |
| Gross Revenue Total Gaming | $82,200 | GrossRevenueTotalGamingAmt |
| Cash Prizes Total Gaming | $10,000 | CashPrizesTotalGamingAmt |
| Oth Direct Expnss Total Gaming | $72,200 | OthDirectExpnssTotalGamingAmt |
| Direct Expense Summary Gaming | $82,200 | DirectExpenseSummaryGamingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | VA | StatesWhereGamingConductedCd |
| Licensed | Yes (1) | LicensedInd |
| License Suspended Etc | 0 | LicenseSuspendedEtcInd |
| Gaming With Nonmembers | 0 | GamingWithNonmembersInd |
| Member Of Other Entity | 0 | MemberOfOtherEntityInd |
| Gaming Own Facility | 1.00000 | GamingOwnFacilityPct |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1125 Jefferson Davis Highway SUITE | AddressLine1Txt |
| City | FREDERICKSBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | 0 | CntrctWith3rdPrtyForGameRevInd |
| Gaming Manager Person | Clint Often | GamingManagerPersonNm |
| Gaming Manager Services Prov | As an employee of the University, the gaming manager coordinates the raffle program, application for license, oversees the sale of raffle tickets to NCAA teams, and payout of prizes. | GamingManagerServicesProvTxt |
| Gaming Manager Is Employee | Yes (X) | GamingManagerIsEmployeeInd |
| Charitable Distribution Rqr | Yes (1) | CharitableDistributionRqrInd |
| Distributed | $8,220 | DistributedAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule G, Part III, Line 5 | FormAndLineReferenceDesc |
| Explanation | Other Direct Expenses includes $70,257 that was contributed to University of Mary Washington. The Foundation holds the event each year and contributes any remaining revenue after the cash prize and expenses are paid to University of Mary Washington. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| University of Mary Washington | |||||||
| 1301 College Avenue | Fredericksburg | VA | 22401 | 546001757 | 170(b)(1)(A)(v) | $4,572,602 | Scholarships for students, faculty awards, and other support of university services and programs. |
| UNIVERSITY OF MARY WASHINGTON ALUMNI ASSOCIATION | |||||||
| 1119 HANOVER STREET | FREdericksburg | VA | 22401 | 540471667 | 501(c)(3) | $149,192 | DONATION TO support THE university services and programs. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | For scholarships - UMW provides adequate documentation and audit trails for scholarship payments to students. University department of Financial Aid is responsible for determining eligibility of students under terms of endowments, and for awarding financial aid through the department of Student Accounts. The Foundation first advances the University the designated amount of funds which allows the University to pay out the scholarships. All disbursements are approved by the CEO of the Foundation. The Foundation periodically compares the UMW scholarship system report which shows what the University has paid out to the Foundations Scholarships and Awards Payment History. Differences are investigated and corrected. Other assistance to the University is approved in advance of funding to the university or paid directly by the Foundation on the University's behalf. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JEFF W ROUNTREE | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $237,147 | $0 | $35,000 | $0 | $39,781 | $0 | $33,993 | $0 | $9,620 | $0 | $355,541 | $0 | $0 | $0 |
| Greg A Branner | ||||||||||||||
| Chief Financial Officer/Tr | $119,527 | $0 | $15,951 | $0 | $0 | $0 | $15,004 | $0 | $17,044 | $0 | $167,526 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 4b | FormAndLineReferenceDesc |
| Explanation | The Foundation entered into a non-qualified deferred compensation agreement with its CEO during FYE 2017. The $39,781 reported in Schedule J, Part II, Column B(iii) other reportable compensation is related to this agreemet. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| industrial development authority Stafford County and Staunton VA | ||||||||
| A | 412119657 | 852412LR4 | 2007-08-08 | $2,500,000 | 1201 WILLIAMS STREET Purchase and improvement of property | 0 | 0 | 0 |
| Economic Development Authority Fredericksburg VA | ||||||||
| B | 521303430 | 2013-07-12 | $79,820,000 | Refinance a portion of 2012 bank of america taxable loan | 0 | 0 | 0 | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | In Reserve FundInReserveFundAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $450,000 | $2,500,000 | $148,081 | $2,351,919 | 2008 | 0 | 0 | Yes (1) | Yes (1) | |
| B | $1,740,000 | $79,820,000 | $76,461,746 | 2013 | 0 | 0 | Yes (1) | Yes (1) | $3,358,254 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| B | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 53 | ContributionCnt |
| Noncash Contributions Rpt F990 | $699,414 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | fair market value | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Special event contributions | Desc |
| Contribution | 18 | ContributionCnt |
| Noncash Contributions Rpt F990 | $53,358 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Fair market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 32b: | FormAndLineReferenceDesc |
| Explanation | The Foundation uses stock brokers to sell gifts of publicly traded stock. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part V, Line 4a: | during calendar year 2016, the organization held foreign hedge fund investments. Under guidance provided in irs notice 2010-23 and FinCEN 31 CFR Part 103, a financial interest in, or signature authority over, a foreign hedge fund or private equity fund does not require the organization to file fincen form 114, report of foreign bank and financial accounts. irs notice 2010-23 also states that "provided the taxpayer has no other reportable foreign financial accounts for the year in question, a taxpayer who qualifies for the filing relief provided in this Notice should check the "no" box in response to FBAR-related questions found on federal tax forms. therefore, the organization has checked "no" on form 990, part v, line 4a. |
| Form 990, Part VI, Section B, line 11b | Upon final review by the CFO and CEO of the Foundation, the 990 (in draft form) will be submitted simultaneously to the Chairman of the Audit Committee and all members of the Executive Committee. The Audit Committee will make any needed alterations and approve the Form 990 and Form 990-T for review by the Board of Directors. Once the Board has reviewed, the Form 990 and Form 990-T will be finalized and signed by the CEO and filed with the IRS. |
| Form 990, Part VI, Section B, line 12c | At the first annual board meeting and at such other times as the board or committee may deem appropriate, the board or committee of directors shall conduct a review of the UMW Foundation's activities to ensure that the Foundation is operating in a manner consisent with accomplishing its charitable purposes and that its operations do not result in private inurement or impermissible benefit to private interest. |
| Form 990, Part VI, Section B, line 15 | Board's compensation committee researches various salary studies for comparable data. |
| Form 990, Part VI, Section C, line 19 | The University of Mary Washington Foundation will post on the organization's website (www.umwf.org) and therefore make available to any member of the public, its governing documents. |
| Form 990, Part XI, line 9: | Unrealized gain (loss) on swap contracts 8,852,508. Change in surrender value of life insurance 23,167. Change in value of split-interest agreements -35,182. Adjustment to Eagle Hospitality Loss to Agree to K-1 -174,488. |
| Form 990, Part XII, Line 2c: | An Audit Committee shall be elected by the Board of Directors at its annual meeting. In addition to other duties assigned to it by the Board of Directors, the Audit Committee shall oversee the Corporation's audit process, including (i) communicating with the auditors and the Corporation's staff, (ii) review of the audit and management letter process, and (iii) recommending to the Board of Directors potential audit firms. The Audit Committee shall also be responsible for receiving, investigating and resolving "whistleblower" complaints concerning the Corporation's financial and accounting practices. All members of the Audit Committee shall be financially literate, and at least one member shall possess accounting or financial management expertise. |
| Form 990, Part IV, lines 12a and 12b | University of Mary Washington FOundation obtains separate, independent audited financial statements which are then included in the consolidated, independent audited financial statements of University of Mary Washington. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (8 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 |
|---|---|---|---|---|---|---|---|---|---|
| Eagle Property Holdings LLC | |||||||||
| 1125 JEFFERSON DAVIS HIGHWAY SUITE | Fredericksburg | VA | 22401 | 300491606 | Real estate HOLDING COMPANY | VA | $288,723 | $17,697,891 | UNIVERSITY OF MARY WASHINGTON FOUNDATION |
| Eagle Housing LLC | |||||||||
| 1125 JEFFERSON DAVIS HIGHWAY SUITE | Fredericksburg | VA | 22401 | 263699705 | student housing projects HOLDING COMPANY | VA | $8,920,768 | $82,969,518 | UNIVERSITY OF MARY WASHINGTON FOUNDATION |
| EAGLE VILLAGE I LLC | |||||||||
| 1125 JEFFERSON DAVIS HIGHWAY SUITE | Fredericksburg | VA | 22401 | 261479875 | RENTAL - RETAIL PROPERTY | VA | $1,252,148 | $13,584,549 | EAGLE PROPERTY HOLDINGS LLC |
| SNOWDEN STREET LLC | |||||||||
| 1125 JEFFERSON DAVIS HIGHWAY SUITE | Fredericksburg | VA | 22401 | 300491606 | REAL ESTATE | VA | $0 | $1,753,290 | EAGLE PROPERTY HOLDINGS LLC |
| EAGLE PIZZA LLC | |||||||||
| 1125 JEFFERSON DAVIS HIGHWAY SUITE | Fredericksburg | VA | 22401 | 271592906 | REAL ESTATE | VA | $128,181 | $1,315,740 | eagLE PROPERTY HOLDINGS LLC |
| EAGLE VILLAGE - ROGER DODGER LLC | |||||||||
| 1125 JEFFERSON DAVIS HIGHWAY SUITE | Fredericksburg | VA | 22401 | 261729320 | REAL ESTATE | VA | $273,543 | $2,916,629 | EAGLE PROPERTY HOLDINGS LLC |
| TRANSITIONAL PROPERTIES LLC | |||||||||
| 1125 JEFFERSON DAVIS HIGHWAY SUITE | FRedericksburg | VA | 22401 | 271592853 | REAL ESTATE | VA | $35,736 | $762,582 | EAGLE PROPERTY HOLDINGS LLC |
| Eagle Developers LLC | |||||||||
| 1125 JEFFERSON DAVIS HIGHWAY SUITE | fredericksburg | VA | 22401 | 364710338 | STUDENT CENTER | VA | $0 | $2,551 | EAGLE PROPERTY HOLDINGS LLC |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eagle Hospitality LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1125 JEFFERSON DAVIS HIGHWAY SUITE | AddressLine1Txt |
| City | FRedericksburg | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 453538218 | EIN |
| Primary Activities | Limited Service Hotel | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eagle Property Holdings LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | unrelated | PredominantIncomeTypeTxt |
| Share Of Total Income | -$365,193 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $15,017,262 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| UBI Code V | -$365,193 | UBICodeVAmt |
| General Or Managing Partner | Yes (1) | GeneralOrManagingPartnerInd |
| Ownership | 0.92410 | OwnershipPct |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Eagle Hospitality LLC | ||
| D | $1,150,000 | FMV |
| Eagle Hospitality LLC | ||
| D | $215,000 | FMV |
| Eagle Hospitality LLC | ||
| E | $41,211 | FMV |