2026-03-06T08:54:38-06:00 2025-06-30 540618213 HANTZMON WIEBEL LLP PO BOX 1408 CHARLOTTESVILLE VA 22902 990 2024-07-01 311620682 MONTPELIER FOUNDATION MONT 5406722728 P O BOX 911 ORANGE VA 22960 KRISTA COSTELLO INTERIM PRESIDENT AND CEO 5406722728 2026-03-05 1 0 MATTHEW J DEAN P00961509 4342962156 2024 2025-03-06 01:10:19Z KRISTA COSTELLO P O BOX 911 ORANGE VA 22960 14645330 0 X WWW.MONTPELIER.ORG X 1998 VA A MEMORIAL TO JAMES MADISON AND THE ENSLAVED COMMUNITY, A MUSEUM OF AMERICAN HISTORY, AND A CENTER FOR CONSTITUTIONAL EDUCATION THAT ENGAGES THE PUBLIC WITH THE ENDURING LEGACY OF MADISON'S MOST POWERFUL IDEA: GOVERNMENT BY THE PEOPLE. 17 17 103 30 20884 0 3090438 11978197 1166062 1202840 579107 642236 502490 650968 5338097 14474241 75000 0 0 0 3288082 3092432 109805 146040 498864 3168301 2559053 6641188 5797525 -1303091 8676716 34855194 21435893 6651752 460333 28203442 20975560 X A MEMORIAL TO JAMES MADISON AND THE ENSLAVED COMMUNITY, A MUSEUM OF AMERICAN HISTORY, AND A CENTER FOR CONSTITUTIONAL EDUCATION THAT ENGAGES THE PUBLIC WITH THE ENDURING LEGACY OF MADISON'S MOST POWERFUL IDEA: GOVERNMENT BY THE PEOPLE. 0 0 2310326 1291004 EDUCATION AND ENGAGEMENT: WORKING CLOSELY WITH ARCHAEOLOGY, HISTORIC ARCHITECTURE AND COLLECTIONS, THE DEPARTMENT OF EDUCATION AND ENGAGEMENT OVERSEES ALL PUBLIC PROGRAMMING AT MONTPELIER. THIS INCLUDES DEVELOPING TOUR CONTENT, INTERPRETIVE SIGNAGE, AND PROGRAMMING FOR STUDENT AND ADULT GROUPS. IT WAS INSTRUMENTAL IN THE PLANNING AND EXECUTION OF THE AWARD-WINNING EXHIBITION THE MERE DISTINCTION OF COLOUR. 523435 HISTORIC ARCHITECTURE AND COLLECTIONS:HISTORIC ARCHITECTURE AND COLLECTIONS ARE RESPONSIBLE FOR THE CARE AND MAINTENANCE OF MONTPELIER'S HISTORIC STRUCTURES - MANY ASSOCIATED WITH THE DUPONT ERA - IN ADDITION TO LEADING SIGNIFICANT HISTORIC RECONSTRUCTION PROJECTS SUCH AS THE SOUTH YARD. THIS IS ACCOMPLISHED THROUGH ARCHITECTURAL FIELDWORK BY EXAMINING WOOD SPECIES, NAILS, WINDOWS, DECORATIVE MOULDINGS, AND MORE, TO ENSURE THAT THE RECONSTRUCTED BUILDINGS ARE AS HISTORICALLY ACCURATE AS POSSIBLE. FOR EXAMPLE, DURING THE RESTORATION OF THE TEMPLE, THE RECOVERY OF A SINGLE MADISON-ERA SHINGLE WHILE INVESTIGATING THE ROOF FRAMING LED TO THE DETERMINATION THAT THE TEMPLE ROOF WAS ORIGINALLY PAINTED RED.CURATORIAL AND COLLECTIONS IS INSTRUMENTAL IN THE FURNISHING OF THE HOUSE AND OTHER RECONSTRUCTED BUILDINGS ON THE PROPERTY. ALL OF THE INSTALLATIONS AND ACQUISITIONS ARE BASED, AT LEAST IN PART, ON THE WORK AND DISCOVERIES OF OTHER DEPARTMENTS LIKE ARCHAEOLOGY, RESEARCH, AND ARCHITECTURAL PRESERVATION. RECENT PROJECTS INCLUDE THE FURNISHING PLANS FOR THE SOUTH YARD QUARTERS; THE ACQUISITION OF THE ARTWORK IN THE SOUTH PASSAGE OF THE HOUSE; THE ACQUISITION OF OBJECTS CONNECTED TO DOLLEY MADISON: A LADY'S POCKET WATCH, SEWING KIT, AND MINIATURE PAINTING OF THE YOUNG MRS. MADISON; AND THE MOST RECENT FURNISHINGS OF JOHN PAYNE TODD'S BEDROOM, A GUEST BEDROOM, AND AN "INTERACTIVE" ROOM. 561362 83203 ROBERT H. SMITH CENTER FOR THE CONSTITUTION:THE ROBERT H. SMITH CENTER FOR THE CONSTITUTION PROVIDES WORLD-CLASS EDUCATIONAL PROGRAMMING, BOTH ON-SITE AND ONLINE. PARTICIPANTS COME FROM ALL OVER THE WORLD TO ENGAGE IN CIVIC DIALOGUE, IMPROVE THEIR UNDERSTANDING OF THE FOUNDING PRINCIPLES OF THE UNITED STATES, AND DEEPEN THEIR POTENTIAL INVOLVEMENT IN DEMOCRACY. SPECIFIC PROGRAMMING IS OFFERED FOR EDUCATORS, LAW ENFORCEMENT OFFICERS, AND INTERNATIONAL CIVIL SERVANTS. 1153953 1153953 4549076 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 24 0 103 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY X THE ORGANIZATION 5406722728 P O BOX 911 ORANGE VA 22960 DR HASAN KWAME JEFFRIES CHAIR 2.00 X X 0 0 0 DR LESLIE ALEXANDER VICE CHAIR 2.00 X X 0 0 0 DR JOSHUA ROTHMAN VICE CHAIR 2.00 X X 0 0 0 DR NICOLE THORNE JENKINS TREASURER 2.00 X X 0 0 0 MR J HAYWOOD BLAKEMORE SECRETARY 2.00 X X 0 0 0 DR BETTYE KEARSE DIRECTOR 2.00 X 0 0 0 MS DEANNA CUMMINGS DIRECTOR 2.00 X 0 0 0 MR BENJAMIN BREWSTER DIRECTOR 2.00 X 0 0 0 DEAN IAN H SOLOMON DIRECTOR 2.00 X 0 0 0 MR MICHAEL HIGGINBOTHAM DIRECTOR 2.00 X 0 0 0 MR PETER STOUDT DIRECTOR 2.00 X 0 0 0 MR TOM MAYES DIRECTOR 2.00 X 0 0 0 MS MARY ALEXANDER DIRECTOR 2.00 X 0 0 0 MS JAN SMITH DIRECTOR 2.00 X 0 0 0 MR HOWARD ZARITSKY DIRECTOR 2.00 X 0 0 0 REV LAWRENCE E LARRY WALKER DIRECTOR 2.00 X 0 0 0 MR JOHN KLUGE JR DIRECTOR 2.00 X 0 0 0 MS EOLA DANCE FORMER PRESIDENT 35.00 X 212695 0 36158 MS KRISTA COSTELLO INTERIM PRESIDENT AND CEO 35.00 X 127481 0 21672 340176 0 57830 2 0 1 0 COMPASS GROUP 32 CONWAY CIRCLE BLOOMINGTON IL 61704 FUNDRAISING CAPACITY BUILDING 148500 HANTZMON WIEBEL LLP 701 E WATER STREET CHARLOTTESVILLE VA 22902 FINANCE AND ACCOUNTING 107413 2 106350 11871847 127477 11978197 ADMISSIONS 900099 921993 921993 PROGRAM PARTICIPATION FEES 900099 280847 280847 1202840 638936 638936 183149 0 183149 183149 183149 3300 0 3300 3300 3300 363340 171089 192251 171367 20884 INSURANCE PROCEEDS 900099 255226 255226 OTHER REVENUE 900099 20342 20342 275568 14474241 1374207 20884 1100953 248588 94410 81950 72228 2260550 2069723 89957 100870 403179 371913 13558 17708 180115 156316 11804 11995 13655 12444 1211 164135 164135 146040 146040 24679 24679 285830 153324 108749 23757 52147 51366 781 115464 72126 32554 10784 238216 205103 13726 19387 221902 202194 6755 12953 12830 11890 502 438 17575 17575 50330 48316 1007 1007 110976 110976 REPAIRS AND MAINTENANCE 813754 773267 24867 15620 PROGRAMS AND EVENTS 287715 186970 38239 62506 CURATORIAL 88216 88216 SUPPLIES 37851 26730 10828 293 23778 19637 2855 1286 5797525 4549076 749585 498864 796773 1640101 3532089 9740537 4347080 99460 140485 109719 42846 42894 3074329 2945092 16406710 129237 9552493 9612312 36718 61633 34855194 21435893 142402 138476 20499 6178950 309901 321857 6651752 460333 X 11339498 1809450 16863944 19166110 28203442 20975560 34855194 21435893 X 8676716 396122 -16240326 -60394 X X 0 1 X 1 0 X 5227410 5245099 8376168 3090438 11978197 33917312 5227410 5245099 8376168 3090438 11978197 33917312 7063834 26853478 868778 919503 548483 726606 822085 3885455 37802767 4995715 0.71040 0.68700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 0 9552494 883328 798829 24679 9612314 9142419 922552 484350 28127 9552494 9191424 380984 405245 24744 9142419 10443736 -683259 538747 30306 9191424 8558823 2959257 1048696 25648 10443736 0.44000 0.56000 1 0 1594290 1507457 86833 1480039 1437635 42404 129237 NATIONAL TRUST POOLED INVESTMENTS 9612312 F 9612312 OBLIGATIONS UNDER FINANCE LEASE 45667 ACCRUED WAGES AND VACATION 247438 SECURITY DEPOSITS 12758 CHARITABLE GIFT ANNUITY PAYABLE 15994 321857 X PART III, LINE 1A: CONTRIBUTIONS AND EXPENDITURES FOR WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS THAT ARE HELD AS PART OF COLLECTIONS ARE NOT RECOGNIZED AS AN ASSET IN ACCORDANCE WITH ACCOUNTING STANDARDS. COST FOR IMPROVEMENTS TO AND RESTORATION OF THE HISTORIC BUILDINGS AND GROUNDS ARE EXPENSED WHEN INCURRED IN ACCORDANCE WITH ACCOUNTING STANDARDS. PART III, LINE 4: THE FOUNDATION'S COLLECTIONS CONSIST OF PERIOD FURNITURE, ART WORK, AND OTHER HOUSEHOLD ITEMS WHICH ARE DISPLAYED IN THE HOME OF JAMES AND DOLLEY MADISON. THESE DISPLAYS ALLOW VISITORS TO BETTER UNDERSTAND THEIR STYLE AND INTERESTS AND GLEAN AN APPRECIATION FOR WHAT LIFE WAS LIKE FOR THEM AT MONTPELIER. PART X, LINE 2: THE FOUNDATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH GUIDANCE ESTABLISHED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN TRUSTS PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING X X 0 THE COMPASS GROUP 32 CONWAY CIRCLE BLOOMINGTON IL 61704 FUNDRAISING CAPACITY BUILDING 0 0 110000 0 LA LOMA EVENTS 203 S MAIN ST NUMBER 1037 GORDONSVILLE VA 22942 FUNDRAISING CONSULTING 0 0 14000 0 OVATA LLC 12 MEADER SREET PROVIDENCE RI 02909 GRANT COMPLIANCE 0 0 22040 0 146040 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY 1 X 0 0 0 0 0 0 0 0 0 MS EOLA DANCE FORMER PRESIDENT 212695 0 0 0 0 0 0 0 36158 0 248853 0 0 0 X 6 127477 FAIR MARKET VALUE 0 0 1 1 PART I, LINE 32B: THE MONTPELIER FOUNDATION USES WELLS FARGO ADVISORS AS THEIR BROKER TO RECEIVE AND LIQUIDATE SECURITIES DONATED TO THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION'S FINANCE COMMITTEE REVIEWS THE 990 PRIOR TO FILING. A FINAL COPY OF THE 990 IS PROVIDED TO THE FULL BOARD AFTER FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY HAS BEEN DISTRIBUTED TO ALL MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS AND MANAGEMENT PERSONNEL. THROUGH THEIR CONSCIOUS EFFORTS DURING THE DECISION MAKING PROCESS, THE ORGANIZATION REFRAINS FROM ENTERING INTO TRANSACTIONS WHICH ARE IN VIOLATION OF THE POLICY. IT IS THE CONTINUING RESPONSIBILITY OF THE BOARD, OFFICERS, AND MANAGEMENT EMPLOYEES TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS AND TO IMMEDIATELY MAKE SUCH DISCLOSURES TO THE PRESIDENT OF THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION'S BOARD OFFICERS DETERMINE COMPENSATION FOR THE PRESIDENT OF THE FOUNDATION. THEY REVIEW THE COMPENSATION AMOUNTS PAID BY OTHER LOCAL HISTORICAL SITES AND NON-PROFITS BEFORE DETERMINING WHAT LEVEL TO SET COMPENSATION FOR THE FOUNDATION'S PRESIDENT. FOR OTHER OFFICERS AND KEY EMPLOYEES, SALARY RECOMMENDATIONS ARE MADE BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION'S 990 IS STORED ON FILE IN THE MAIN OFFICE. THE CUSTODIAN OF THE INFORMATION WILL FAX OR SEND ELECTRONICALLY THESE DOCUMENTS UPON A SPECIFIC REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION KEEPS A PUBLIC INFORMATION FILE IN THE MAIN OFFICE. THE CUSTODIAN OF THE DOCUMENTS WILL FAX OR SEND ELECTRONICALLY THESE DOCUMENTS UPON A SPECIFIC REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUSTS 1,655. ROUNDING ADJUSTMENT 1. LOSS ON RETIREMENT OF DEBT ISSUANCE COSTS -62,050. FORM 990, PAGE 12, LINE 2C A DRAFT COPY OF THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS PRIOR TO ACCEPTANCE. ALSO, THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE SELECTING OF THE INDEPENDANT AUDITORS AND OVERSIGHT OF THE AUDIT. LINE 8 - PRIOR PERIOD ADJUSTMENT DURING THE YEAR ENDED JUNE 30, 2025, ERRORS WERE IDENTIFIED RELATED TO THE RECORDING OF PROPERTY AND EQUIPMENT AND ACCUMULATED DEPRECIATION IN PRIOR PERIODS. THE ERRORS RESULTED IN AN OVERSTATEMENT OF PROPERTY AND EQUIPMENT AND NET ASSETS WITHOUT DONOR RESTRICTIONS. TO CORRECT THESE ERRORS, THE FOUNDATION RECORDED A PRIOR-PERIOD ADJUSTMENT AS OF THE BEGINNING OF THE CURRENT FISCAL YEAR. THESE CORRECTIONS HAVE BEEN REFLECTED IN THE OPENING BALANCES OF THE CURRENT YEAR FINANCIAL STATEMENTS. THIS RESULTED IN A NET DECREASE IN FIXED ASSETS OF $16,240,626. 990 PART XI, LINE 2B THE FOUNDATION'S FINANCIAL STATEMENTS ARE AUDITED ANNUALLY ON A CONSOLIDATED BASIS. SUPPLEMENTAL CONSOLIDATING SCHEDULES, FOR WHICH A SEPARATE AUDIT REPORT IS ISSUED, ARE PROVIDED IN THE FINANCIAL STATEMENTS. MONTPELIER DESCENDANTS COMMITTEE 130 CAROLINE STREET ORANGE VA 22960 863558157 CO-STEWARD OF JAMES MADISON'S MONTPELIER; RECOMMEND BOARD CANDIDATES VA 501(C)(3) LINE 7 N/A 0 CHARITABLE REMAINDER ANNUITY TRUST (1) TRUST VA DONOR 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0