UNIVERSITY OF VIRGINIA DARDEN SCHOOL FOUNDATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF VIRGINIA DARDEN SCHOOL FOUNDATION (EIN 54-6046419)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-03-27
- IRS object ID
- 202640869349300129
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-03-27T11:48:49-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 991856619 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 WILSON BOULEVARD SUITE 1500 | AddressLine1Txt |
| City | ARLINGTON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 546046419 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF VIRGINIA DARDEN SCHOOL | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 4349244841 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7263 | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22906 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MEGAN B WINTER | PersonNm |
| Person Title | TREASURER, SR ASSOC VP FINANCE | PersonTitleTxt |
| Phone | 4349244841 | PhoneNum |
| Signature | 2026-03-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
| Form8822 B Attached | Yes (X) | Form8822BAttachedInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARY TORRETTA | PreparerPersonNm |
| PTIN | P00847851 | PTIN |
| Phone | 3128560200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ROBERT WEILER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7263 | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22906 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $259,994,313 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.DARDEN.VIRGINIA.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1952 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE OTHE FOUNDATION MANAGES ENDOWMENT FUNDS FOR THE BENEFIT OF THE DARDEN SCHOOL, OPERATES TOP-RANKED EXECUTIVE EDUCATION AND LIFELONG LEARNING PROGRAMS, MANAGES HOSPITALITY SERVICES AT THE FORUM HOTEL AND AT THE SCHOOL'S GOODWIN FAMILY GROUNDS AND SANDS FAMILY GROUNDS LOCATIONS, AND PROMOTES PHILANTHROPIC LIFE-LONG SUPPORT OF THE SCHOOL BY ALUMNI, FRIENDS AND CORPORATIONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 51 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 49 | VotingMembersIndependentCnt |
| Total Employee | 104 | TotalEmployeeCnt |
| Total Volunteers | 860 | TotalVolunteersCnt |
| Total Gross UBI | $18,570,853 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $22,879,574 | PYContributionsGrantsAmt |
| CY Contributions Grants | $74,205,798 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $54,704,559 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $58,925,064 | CYProgramServiceRevenueAmt |
| PY Investment Income | $25,133,365 | PYInvestmentIncomeAmt |
| CY Investment Income | $23,410,924 | CYInvestmentIncomeAmt |
| PY Other Revenue | $55,575 | PYOtherRevenueAmt |
| CY Other Revenue | $1,572,894 | CYOtherRevenueAmt |
| PY Total Revenue | $102,773,073 | PYTotalRevenueAmt |
| CY Total Revenue | $158,114,680 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $30,338,153 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $36,613,783 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $26,417,269 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $27,347,954 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,107,598 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $45,430,594 | PYOtherExpensesAmt |
| CY Other Expenses | $43,477,762 | CYOtherExpensesAmt |
| PY Total Expenses | $102,186,016 | PYTotalExpensesAmt |
| CY Total Expenses | $107,439,499 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $587,057 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $50,675,181 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $743,337,770 | TotalAssetsBOYAmt |
| Total Assets EOY | $834,090,344 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $92,902,493 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $101,046,123 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $650,435,277 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $733,044,221 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE OTHE FOUNDATION MANAGES ENDOWMENT FUNDS FOR THE BENEFIT OF THE DARDEN SCHOOL, OPERATES TOP-RANKED EXECUTIVE EDUCATION AND LIFELONG LEARNING PROGRAMS, MANAGES HOSPITALITY SERVICES AT THE FORUM HOTEL AND AT THE SCHOOL'S GOODWIN FAMILY GROUNDS AND SANDS FAMILY GROUNDS LOCATIONS, AND PROMOTES PHILANTHROPIC LIFE-LONG SUPPORT OF THE SCHOOL BY ALUMNI, FRIENDS AND CORPORATIONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $95,727,366 | ExpenseAmt |
| Grant | $36,613,783 | GrantAmt |
| Revenue | $40,358,711 | RevenueAmt |
| Desc | THE FOUNDATION MANAGES ENDOWMENT FUNDS FOR THE BENEFIT OF THE DARDEN SCHOOL, OPERATES TOP-RANKED EXECUTIVE EDUCATION AND LIFELONG LEARNING PROGRAMS, MANAGES HOSPITALITY SERVICES AT THE FORUM HOTEL AND AT THE SCHOOL'S GOODWIN FAMILY GROUNDS AND SANDS FAMILY GROUNDS LOCATIONS, AND PROMOTES PHILANTHROPIC LIFE-LONG SUPPORT OF THE SCHOOL BY ALUMNI, FRIENDS AND CORPORATIONS. | Desc |
| Total Program Service Expenses | $95,727,366 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | 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 | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | 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 | 0 | 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 | 0 | TaxExemptBondsInd |
| 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 With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| 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 | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 290 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 104 | 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 51 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 49 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | 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 | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEGAN WINTER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4342438292 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 DUFFY BLVD | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22903 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (64 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| YAEL GRUSHKA-COCKAYNE | |||||||||
| EX-OFFICIO TRUSTEE | 1.00 | 0.00 | Yes (X) | $201,562 | $0 | $0 | |||
| RICHARD B EVANS | |||||||||
| EX-OFFICIO TRUSTEE | 1.00 | 0.00 | Yes (X) | $57,605 | $0 | $0 | |||
| MARTINA T HUND-MEJEAN | |||||||||
| IMMEDIATE PAST CHAIR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| FRANK M SANDS | |||||||||
| CHAIR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| JOHN D FOWLER JR | |||||||||
| VICE CHAIR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| ROBERT J HUGIN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| H WILLIAM COOGAN JR | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES A COOPER | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GUILLAUME M CUVELIER | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT G DOUMAR JR | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DEBRA D DRAUGHAN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| FRANKLIN S EDMONDS JR | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ARNOLD B EVANS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CATHERINE J FRIEDMAN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KIRSTI W GOODWIN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER M GRANT II | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| OWEN D GRIFFIN JR | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN P BOLDUC | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK J KINGTON | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID M LACROSS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DOUGLAS R LEBDA | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LEMUEL E LEWIS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| AMANDA LOZANO | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD A MAYO | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DONALD E MOREL JR PHD | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KIMBERLY B MORRISH | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ADAIR NEWHALL | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| G RUFFNER PAGE JR | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM H PAYNE II | |||||||||
| TRUSTEE (THRU 12/24) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIK A SLINGERLAND PHD | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT W SMITH | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SHANNON G SMITH | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SUSAN N SOBBOTT | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK J STYSLINGER | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BRUCE R THOMPSON | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LOWELL S UKROP | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVEN C VOORHEES | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SCOTT C BEARDSLEY | |||||||||
| EX-OFFICIO TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHELLE B HORN | |||||||||
| EX-OFFICIO TRUSTEE (THRU 02/25) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARIETTA EDMUNDS ZAKAS | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CONSTANCE J HALLQUIST | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PAUL G MAHONEY | |||||||||
| EX-OFFICIO TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BEVERLY B LADLEY | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES E POSTON JR | |||||||||
| EX-OFFICIO TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES E RYAN | |||||||||
| EX-OFFICIO TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CARL E PEOPLES | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MATTHEW J REINTJES | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CYNTHIA K SOLEDAD | |||||||||
| EX-OFFICIO TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANAND E STANLEY | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NICOLE M LINDSAY | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DIEM HD NGUYEN | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL SABEL | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| EDWARD W VALENTINE | |||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| HEATHER L ENOS THRU 0125 | |||||||||
| CFO, TREASURER AND SVP | 50.00 | 0.00 | $323,617 | $0 | $43,653 | Yes (X) | |||
| MEGAN B WINTER BEG 0125 | |||||||||
| TREAS., SR ASSOCIATE VP OF FINANCE | 50.00 | 0.00 | $141,810 | $0 | $52,111 | Yes (X) | |||
| SHAELE N CULBREATH - SECRETARY | |||||||||
| SR ASSOCIATE VP FOR ENGAGEMENT | 50.00 | 0.00 | $193,685 | $0 | $37,563 | Yes (X) | |||
| ROBERT W WEILER | |||||||||
| PRESIDENT | 50.00 | 0.00 | $571,306 | $0 | $67,479 | Yes (X) | |||
| ASHLEY M WILLIAMS | |||||||||
| CEO/CLO, EELL | 50.00 | 0.00 | $652,566 | $0 | $136,598 | Yes (X) | |||
| SAMANTHA G HARTOG | |||||||||
| SR ASSOCIATE VP FOR ADVANCEMENT | 50.00 | 0.00 | $266,657 | $0 | $38,530 | Yes (X) | |||
| ANNE M TRUMBORE | |||||||||
| CHIEF DIGITAL LEARNING OFFICER | 50.00 | 0.00 | $318,595 | $0 | $48,353 | Yes (X) | |||
| WILLIAM S ROBINSON | |||||||||
| EXECUTIVE DIRECTOR, PLE | 50.00 | 0.00 | $225,932 | $0 | $30,765 | Yes (X) | |||
| LISA H CANNELL | |||||||||
| MANAGING DIRECTOR, EELL | 50.00 | 0.00 | $265,023 | $0 | $46,191 | Yes (X) | |||
| TY A SCHIEBER | |||||||||
| MANAGING DIRECTOR, EELL | 50.00 | 0.00 | $220,530 | $0 | $41,123 | Yes (X) | |||
| DEVIN W BIGONESS | |||||||||
| CHIEF CLIENT OFFICER | 50.00 | 0.00 | $318,679 | $0 | $40,412 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,757,567 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $582,778 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 42 | 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 |
|---|---|---|---|---|---|
| UNIVERSITY OF VIRGINIA INVESTMENT MGMT | |||||
| PO BOX 400215 | CHARLOTTESVILLE | VA | 22906 | INVESTMENT MANAGEMENT | $816,495 |
| KIMPTON HOTEL & RESTAURANT GROUP | |||||
| 222 KEARNY ST STE 200 | SAN FRANCISCO | CA | 94108 | HOSPITALITY MANAGEMENT | $641,678 |
| UNIVERSITY OF VIRGINIA FACILITIES MGMT | |||||
| PO BOX 400215 | CHARLOTTESVILLE | VA | 22904 | PROJECT MANAGEMENT | $620,193 |
| WEST MONROE HOLDINGS LLC | |||||
| 311 WEST MONROE STREET 14TH FLOOR | CHICAGO | IL | 60606 | DATA MANAGEMENT | $439,740 |
| CALLOWAY CONTRACTING GROUP LLC | |||||
| 44225 MERCURE CIR STE 290 | STERLING | VA | 20166 | CONSTRUCTION | $326,963 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 34 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $74,205,798 | AllOtherContributionsAmt |
| Noncash Contributions | $1,802,691 | NoncashContributionsAmt |
| Total Contributions | $74,205,798 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXECUTIVE EDUCATION | Desc |
| Business | 721110 | BusinessCd |
| Total Revenue Column | $58,925,064 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $40,358,711 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $18,566,353 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $58,925,064 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,452,837 | TotalRevenueColumnAmt |
| Exclusion | $3,452,837 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $121,837,720 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $101,879,633 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,958,087 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,958,087 | TotalRevenueColumnAmt |
| Exclusion | $19,958,087 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| OTHER INCOME | 900099 | $1,568,394 | $1,568,394 | |
| ADVERTISING REVENUE | 900099 | $4,500 | $4,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,572,894 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $158,114,680 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $40,358,711 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $18,570,853 | UnrelatedBusinessRevenueAmt |
| Exclusion | $24,979,318 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,613,783 | TotalAmt |
| Program Services | $36,613,783 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,836,713 | TotalAmt |
| Program Services | $967,035 | ProgramServicesAmt |
| Management And General | $1,477,439 | ManagementAndGeneralAmt |
| Fundraising | $392,239 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,038,230 | TotalAmt |
| Program Services | $15,820,040 | ProgramServicesAmt |
| Management And General | $1,317,270 | ManagementAndGeneralAmt |
| Fundraising | $1,900,920 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,471,457 | TotalAmt |
| Program Services | $1,148,162 | ProgramServicesAmt |
| Management And General | $133,624 | ManagementAndGeneralAmt |
| Fundraising | $189,671 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,802,207 | TotalAmt |
| Program Services | $1,442,034 | ProgramServicesAmt |
| Management And General | $190,749 | ManagementAndGeneralAmt |
| Fundraising | $169,424 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,199,347 | TotalAmt |
| Program Services | $1,962,520 | ProgramServicesAmt |
| Management And General | $96,808 | ManagementAndGeneralAmt |
| Fundraising | $140,019 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $955,594 | TotalAmt |
| Program Services | $955,594 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,994 | TotalAmt |
| Program Services | $24,671 | ProgramServicesAmt |
| Management And General | $60,323 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,237 | TotalAmt |
| Management And General | $71,237 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,051,116 | TotalAmt |
| Management And General | $1,051,116 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,663,139 | TotalAmt |
| Program Services | $11,384,732 | ProgramServicesAmt |
| Management And General | $229,675 | ManagementAndGeneralAmt |
| Fundraising | $48,732 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,376,092 | TotalAmt |
| Program Services | $2,161,427 | ProgramServicesAmt |
| Management And General | $19,699 | ManagementAndGeneralAmt |
| Fundraising | $194,966 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,047,926 | TotalAmt |
| Program Services | $3,027,650 | ProgramServicesAmt |
| Management And General | $5,669 | ManagementAndGeneralAmt |
| Fundraising | $14,607 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,702,233 | TotalAmt |
| Program Services | $1,392,200 | ProgramServicesAmt |
| Management And General | $299,515 | ManagementAndGeneralAmt |
| Fundraising | $10,518 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,821 | TotalAmt |
| Program Services | $107,821 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,201,194 | TotalAmt |
| Program Services | $4,056,571 | ProgramServicesAmt |
| Management And General | $87,524 | ManagementAndGeneralAmt |
| Fundraising | $57,099 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,907,691 | TotalAmt |
| Program Services | $2,369,840 | ProgramServicesAmt |
| Management And General | $216,478 | ManagementAndGeneralAmt |
| Fundraising | $321,373 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $785,999 | TotalAmt |
| Program Services | $448,684 | ProgramServicesAmt |
| Management And General | $93,146 | ManagementAndGeneralAmt |
| Fundraising | $244,169 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,772,321 | TotalAmt |
| Management And General | $1,772,321 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,625,626 | TotalAmt |
| Program Services | $6,934,415 | ProgramServicesAmt |
| Management And General | $307,663 | ManagementAndGeneralAmt |
| Fundraising | $383,548 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $311,891 | TotalAmt |
| Program Services | $233,761 | ProgramServicesAmt |
| Management And General | $78,130 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| HOSPITALITY EXPENSES | $3,582,183 | $3,582,183 | ||
| OTHER EXPENSES | $1,230,705 | $1,094,243 | $96,149 | $40,313 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,439,499 | TotalAmt |
| Program Services | $95,727,366 | ProgramServicesAmt |
| Management And General | $7,604,535 | ManagementAndGeneralAmt |
| Fundraising | $4,107,598 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,343,539 | BOYAmt |
| EOY | $22,336,325 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,457,084 | BOYAmt |
| EOY | $50,818,329 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,284,096 | BOYAmt |
| EOY | $7,098,474 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,551,989 | BOYAmt |
| EOY | $1,629,320 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $161,988,653 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $19,646,379 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,377,930 | BOYAmt |
| EOY | $142,342,274 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,762,500 | BOYAmt |
| EOY | $101,076,544 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $403,227,423 | BOYAmt |
| EOY | $437,758,233 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,333,209 | BOYAmt |
| EOY | $71,030,845 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $743,337,770 | BOYAmt |
| EOY | $834,090,344 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,521,685 | BOYAmt |
| EOY | $6,556,816 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,082,454 | BOYAmt |
| EOY | $2,862,797 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,389,537 | BOYAmt |
| EOY | $61,731,727 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,908,817 | BOYAmt |
| EOY | $29,894,783 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,902,493 | BOYAmt |
| EOY | $101,046,123 | 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 | $143,764,356 | BOYAmt |
| EOY | $137,996,816 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $506,670,921 | BOYAmt |
| EOY | $595,047,405 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $650,435,277 | BOYAmt |
| EOY | $733,044,221 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $743,337,770 | BOYAmt |
| EOY | $834,090,344 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $50,675,181 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $34,108,726 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$2,174,963 | OtherChangesInNetAssetsAmt |
| 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $34,839,249 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $31,645,857 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $38,802,423 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $22,879,574 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $74,205,798 | CurrentTaxYearAmt |
| Total | $202,372,901 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $34,839,249 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $31,645,857 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $38,802,423 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $22,879,574 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $74,205,798 | CurrentTaxYearAmt |
| Total | $202,372,901 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $69,752,362 | SubstantialContributorsTotAmt |
| Public Support Total170 | $132,620,539 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $236,958 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $325,024 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,320,187 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,982,232 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,452,837 | CurrentTaxYearAmt |
| Total | $10,317,238 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $78,683 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,767 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $33,327 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $35,325 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,568,394 | CurrentTaxYearAmt |
| Total | $1,719,496 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $214,409,635 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $158,700,641 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.61850 | PublicSupportCY170Pct |
| Public Support PY170 | 0.76850 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | OTHER INCOME - 2020 AMOUNT: $ 78,683. 2021 AMOUNT: $ 3,767. 2022 AMOUNT: $ 33,327. 2023 AMOUNT: $ 35,325. 2024 AMOUNT: $ 1,568,394. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $493,254,680 | BeginningYearBalanceAmt |
| Contributions | $42,417,967 | ContributionsAmt |
| Investment Earnings Or Losses | $54,199,979 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $30,773,884 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $1,157,396 | AdministrativeExpensesAmt |
| End Year Balance | $557,941,346 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $486,212,335 | BeginningYearBalanceAmt |
| Contributions | $13,446,376 | ContributionsAmt |
| Investment Earnings Or Losses | $32,050,203 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $37,160,124 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $1,294,110 | AdministrativeExpensesAmt |
| End Year Balance | $493,254,680 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $521,617,349 | BeginningYearBalanceAmt |
| Contributions | $16,650,214 | ContributionsAmt |
| Investment Earnings Or Losses | $9,848,758 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $60,822,782 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $1,081,204 | AdministrativeExpensesAmt |
| End Year Balance | $486,212,335 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $571,520,608 | BeginningYearBalanceAmt |
| Contributions | $22,132,049 | ContributionsAmt |
| Investment Earnings Or Losses | -$29,263,246 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $41,660,272 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $1,111,790 | AdministrativeExpensesAmt |
| End Year Balance | $521,617,349 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $415,386,731 | BeginningYearBalanceAmt |
| Contributions | $18,048,648 | ContributionsAmt |
| Investment Earnings Or Losses | $163,942,942 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $25,159,998 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $697,715 | AdministrativeExpensesAmt |
| End Year Balance | $571,520,608 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.10000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.46900 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.43100 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,354,275 | OtherCostOrOtherBasisAmt |
| Book Value | $8,354,275 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $111,507,238 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,269,337 | DepreciationAmt |
| Book Value | $105,237,901 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $25,795,700 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,210,451 | DepreciationAmt |
| Book Value | $20,585,249 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,804,463 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,726,702 | DepreciationAmt |
| Book Value | $8,077,761 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,526,977 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,439,889 | DepreciationAmt |
| Book Value | $87,088 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $142,342,274 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UVIMCO MANAGED FUNDS | Desc |
| Book Value | $437,758,233 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $437,758,233 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| RIGHTS OF OCCUPANCY | $21,646,799 |
| INTEREST RATE SWAPS | $11,374,631 |
| RIGHT-OF-USE ASSET | $22,050,515 |
| RESTRICTED CASH | $1,075,091 |
| OTHER ASSETS | $14,883,809 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $71,030,845 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| OPERATING LEASE LIABILITY | $27,980,517 |
| OTHER LIABILITIES | $1,914,266 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $29,894,783 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $168,099,500 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $34,108,726 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $1,676,525 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $35,785,251 | RevenueNotReportedAmt |
| Revenue Subtotal | $132,314,249 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,051,116 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $24,749,315 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $25,800,431 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $158,114,680 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $83,315,593 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $1,676,525 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $1,676,525 | ExpensesNotReportedAmt |
| Expenses Subtotal | $81,639,068 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,051,116 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $24,749,315 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $25,800,431 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $107,439,499 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE FOUNDATION'S ENDOWMENT SUPPORTS THE DARDEN SCHOOL BY FUNDING SCHOLARSHIPS, PROFESSORSHIPS, RESEARCH, EDUCATIONAL PROGRAMS, AND ALUMNI SERVICES. |
| PART X, LINE 2: | THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE FOUNDATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | GROSS HOSPITALITY EXPENSES 24,749,315. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | GROSS HOSPITALITY EXPENSES 24,749,315. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF VIRGINIA | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 400222 | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22906 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 546001796 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $36,613,783 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | SEE PART IV | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | THE DARDEN SCHOOL'S FINANCE TEAM REVIEWS SUPPORTING DOCUMENTS TO ENSURE COMPLIANCE WITH THE DONOR'S RESTRICTED PURPOSE PRIOR TO REQUESTING FUNDING FROM THE FOUNDATION. THE DARDEN SCHOOL RECEIVES A PERIODIC REVIEW BY THE UVA INTERNAL AUDIT DEPARTMENT TO ENSURE DONOR INTENTION IS MET. RESULTS OF THE REVIEW ARE PROVIDED TO DARDEN SCHOOL FOUNDATION MANAGEMENT. |
| PART II: | GRANTS TO THE UNIVERSITY OF VIRGINIA SUPPORT THE DARDEN SCHOOL BY FUNDING SCHOLARSHIPS, PROFESSORSHIPS, RESEARCH, EDUCATIONAL PROGRAMS, AND ALUMNI SERVICES. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 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 | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASHLEY M WILLIAMS | ||||||||||||||
| CEO/CLO, EELL | $367,486 | $0 | $177,730 | $0 | $107,350 | $0 | $109,640 | $0 | $26,958 | $0 | $789,164 | $0 | $92,365 | $0 |
| ROBERT W WEILER | ||||||||||||||
| PRESIDENT | $486,518 | $0 | $84,788 | $0 | $0 | $0 | $43,134 | $0 | $24,345 | $0 | $638,785 | $0 | $0 | $0 |
| HEATHER L ENOS THRU 0125 | ||||||||||||||
| CFO, TREASURER AND SVP | $281,693 | $0 | $41,924 | $0 | $0 | $0 | $29,718 | $0 | $13,935 | $0 | $367,270 | $0 | $0 | $0 |
| ANNE M TRUMBORE | ||||||||||||||
| CHIEF DIGITAL LEARNING OFFICER | $253,896 | $0 | $64,699 | $0 | $0 | $0 | $27,251 | $0 | $21,102 | $0 | $366,948 | $0 | $0 | $0 |
| DEVIN W BIGONESS | ||||||||||||||
| CHIEF CLIENT OFFICER | $254,929 | $0 | $63,750 | $0 | $0 | $0 | $26,852 | $0 | $13,560 | $0 | $359,091 | $0 | $0 | $0 |
| LISA H CANNELL | ||||||||||||||
| MANAGING DIRECTOR, EELL | $189,896 | $0 | $75,127 | $0 | $0 | $0 | $20,383 | $0 | $25,808 | $0 | $311,214 | $0 | $0 | $0 |
| SAMANTHA G HARTOG | ||||||||||||||
| SR ASSOCIATE VP FOR ADVANCEMENT | $266,657 | $0 | $0 | $0 | $0 | $0 | $27,846 | $0 | $10,684 | $0 | $305,187 | $0 | $0 | $0 |
| TY A SCHIEBER | ||||||||||||||
| MANAGING DIRECTOR, EELL | $183,320 | $0 | $37,210 | $0 | $0 | $0 | $19,285 | $0 | $21,838 | $0 | $261,653 | $0 | $0 | $0 |
| WILLIAM S ROBINSON | ||||||||||||||
| EXECUTIVE DIRECTOR, PLE | $225,932 | $0 | $0 | $0 | $0 | $0 | $24,004 | $0 | $6,761 | $0 | $256,697 | $0 | $0 | $0 |
| SHAELE N CULBREATH - SECRETARY | ||||||||||||||
| SR ASSOCIATE VP FOR ENGAGEMENT | $193,685 | $0 | $0 | $0 | $0 | $0 | $20,681 | $0 | $16,882 | $0 | $231,248 | $0 | $0 | $0 |
| YAEL GRUSHKA-COCKAYNE | ||||||||||||||
| EX-OFFICIO TRUSTEE | $201,562 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $201,562 | $0 | $0 | $0 |
| MEGAN B WINTER BEG 0125 | ||||||||||||||
| TREAS., SR ASSOCIATE VP OF FINANCE | $140,106 | $0 | $1,500 | $0 | $204 | $0 | $16,110 | $0 | $36,001 | $0 | $193,921 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THROUGH THE FOUNDATION'S STANDARD BENEFITS PACKAGE, THE FOUNDATION WILL SUBSIDIZE $195 OF THE COST OF MEMBERSHIP TO THE UVA GYM FOR BENEFITS ELIGIBLE EMPLOYEES ANNUALLY. SCOTT BEARDSLEY, DEAN OF THE DARDEN SCHOOL OF BUSINESS AND EX-OFFICIO TRUSTEE OF THE FOUNDATION, IS ELIGIBLE FOR FIRST-CLASS TRAVEL TO INTERNATIONAL DESTINATIONS. |
| PART I, LINE 4B | THE FOUNDATION ESTABLISHED A NON-QUALIFIED DEFERRED COMPENSATION PLAN UNDER 457(F) WHICH COVERS CERTAIN EXECUTIVES. AT THE END OF EACH FISCAL YEAR, THE COMPENSATION COMMITTEE MAY APPROVE A CONTRIBUTION TO BE CREDITED TO EACH PARTICIPANT'S ACCOUNT BASED ON PREDETERMINED METRICS. CONTRIBUTIONS MADE BY THE FOUNDATION FOLLOW A THREE-YEAR GRADED VESTING SCHEDULE. FOR TAX YEAR 2024, THE FOUNDATION CONTRIBUTED $70,380 AND PAID OUT $107,350 FOR ASHLEY WILLIAMS'S PLAN. |
| PART I, LINE 7 | THE FOUNDATION'S OFFICERS AND ALL OTHER EMPLOYEES ARE PAID BONUSES DETERMINED BY VARIOUS CRITERIA. THIS CRITERIA MAY INCLUDE, BUT IS NOT LIMITED TO, INDIVIDUAL GOALS AND OBJECTIVES AS WELL AS ORGANIZATION OPERATIONAL ACHIEVEMENTS. THE ACCOMPLISHMENT OF THOSE GOALS AND OBJECTIVES FOR ALL EMPLOYEES IS REVIEWED BY MANAGEMENT. BONUSES FOR CERTAIN OFFICERS AND CERTAIN KEY EMPLOYEES ARE APPROVED BY THE BOARD COMPENSATION COMMITTEE AS PART OF THE OVERALL COMPENSATION REVIEW OF THOSE OFFICERS AND KEY EMPLOYEES. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 65 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,797,791 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $4,400 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | GIFT CARDS | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | 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 | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | COLUMN (B) OF PART I REPRESENTS THE NUMBER OF CONTRIBUTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE AUTHORITY OR DELEGATION OF THE BOARD OF TRUSTEES IS AS FOLLOWS: THE EXECUTIVE COMMITTEE HOLDS THE AUTHORITY OF THE BOARD OF TRUSTEES IN DIRECTING THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE FOUNDATION, EXCEPT THAT NO COMMITTEE HAS THE POWER OR AUTHORITY TO I) FILL VACANCIES ON THE BOARD OR ON ANY OF ITS COMMITTEES; II) AMEND THE ARTICLES OF INCORPORATION; III) ADOPT, AMEND, OR REPEAL THE BY-LAWS; IV) APPROVE A PLAN OF MERGER OR CONSOLIDATION; V) APPROVE THE SALE, LEASE OR EXCHANGE, OR THE MORTGAGE, PLEDGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE FOUNDATION; OR VI) APPROVE THE REVOCATION OF THE VOLUNTARY DISSOLUTION PROCEEDINGS. THE EXECUTIVE COMMITTEE MUST PROVIDE A FULL REPORT OF ITS ACTIONS TO THE BOARD OF TRUSTEES AT THE REGULAR BOARD MEETINGS. |
| FORM 990, PART VI, SECTION A, LINE 2 | EX-OFFICIO TRUSTEE SCOTT BEARDSLEY AND TRUSTEE MARK STYSLINGER HAVE A BUSINESS RELATIONSHIP. SCOTT BEARDSLEY SERVES AS A MEMBER OF THE BOARD OF DIRECTORS FOR A COMPANY IN WHICH MARK STYSLINGER HAS AN OWNERSHIP INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 11B | AFTER INTERNAL REVIEW, THE TREASURER AND SENIOR ASSOCIATE VICE PRESIDENT OF FINANCE REVIEWS THE FORM 990 WITH THE AUDIT AND FINANCE COMMITTEE AND ADDRESSES QUESTIONS FROM THE COMMITTEE. ELECTRONIC COPIES OF THE FORM 990 ARE PROVIDED TO THE FULL BOARD IN ADVANCE OF FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | AT THE BEGINNING OF EACH FISCAL YEAR, THE FOUNDATION DISTRIBUTES A COPY OF ITS CONFLICT OF INTEREST POLICY, POLICY ON UNIVERSITY OF VIRGINIA AFFILIATED FOUNDATIONS, AND CONFLICT OF INTEREST FORM TO THE FOUNDATION'S TRUSTEES, OFFICERS AND KEY EMPLOYEES. INDIVIDUALS ARE REQUIRED TO DISCLOSE ACTIVITIES FOR BOTH THE PRIOR AND CURRENT FISCAL YEARS. ANY TRUSTEE WHO HAS NOT COMPLETED HIS/HER CONFLICT OF INTEREST FORM BY THE SPRING BOARD MEETING IS ASKED TO ABSTAIN FROM VOTING ON ANY MATTERS UNTIL THEIR CONFLICT OF INTEREST FORM IS COMPLETED. THE CHAIR OF THE NOMINATING AND GOVERNANCE COMMITTEE WILL DISCUSS WITH ANY TRUSTEE WHO HAS NOT COMPLETED HIS/HER COI FORM AND/OR ATTENDED BOARD MEETINGS TO DETERMINE NECESSARY ACTION, AS NEEDED. STAFF SHARES ANY FORMS WITH DISCLOSURES WITH THE FULL NOMINATING AND GOVERNANCE COMMITTEE FOR REVIEW, DISCUSSION AND VOTES ON ADDRESSING THE CONFLICT AND/OR OUTLINES THE PROTOCOL FOR HOW THE CONFLICT WILL BE MANAGED. LEGAL COUNSEL IS CONSULTED TO ADDRESS MANAGEMENT AND/OR QUESTIONS REGARDING CONFLICT DISCLOSURES ON AN AS NEEDED BASIS. ALTHOUGH DETERMINED ON A CASE BY CASE BASIS, PAST PRACTICES FOR MANAGING CONFLICTS INCLUDE: TRUSTEE HAVING A CONFLICT IN CONNECTION WITH A SPECIFIC MATTER THAT IS RAISED AS PART OF THE NORMAL COURSE OF BOARD BUSINESS WOULD RECUSE HIM/HERSELF FROM THE DISCUSSION AND/OR ABSTAIN FROM ANY RELATED BOARD VOTES. |
| FORM 990, PART VI, SECTION B, LINE 15 | ALL COMPENSATION FOR CERTAIN FOUNDATION OFFICERS AND CERTAIN KEY EMPLOYEES IS APPROVED BY THE BOARD COMPENSATION COMMITTEE IN ACCORDANCE WITH THE IRS REBUTTABLE PRESUMPTION OF REASONABLENESS STANDARD. EXECUTIVE COMPENSATION INCLUDES A BONUS WHICH IS BASED ON KEY METRICS, ESTABLISHED BY THE COMPENSATION COMMITTEE. ON AN ANNUAL BASIS, THE BOARD COMPENSATION COMMITTEE REVIEWS THOSE EMPLOYEES DEEMED TO BE DISQUALIFIED AS DEFINED BY THE IRS. THEY REVIEW AND APPROVE ALL FACETS OF EXECUTIVE COMPENSATION FOR THE UPCOMING FISCAL YEAR. AT THE CONCLUSION OF THE TAX YEAR, THE COMMITTEE REVIEWS RELEVANT CRITERIA FOR INCENTIVE COMPENSATION AND APPROVES ANY BONUSES FOR OFFICERS AND CERTAIN KEY EMPLOYEES AS PART OF THEIR OVERALL COMPENSATION REVIEW. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | OTHER: PROGRAM SERVICE EXPENSES 3,988,562. MANAGEMENT AND GENERAL EXPENSES 229,675. FUNDRAISING EXPENSES 46,406. TOTAL EXPENSES 4,264,643. COMMISSIONS: PROGRAM SERVICE EXPENSES 853,196. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 853,196. TEACHING FEES: PROGRAM SERVICE EXPENSES 6,388,879. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,388,879. TEMPORARY STAFFING: PROGRAM SERVICE EXPENSES 154,095. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 2,326. TOTAL EXPENSES 156,421. |
| FORM 990, PART XI, LINE 9: | GAIN ON INTEREST RATE SWAPS -2,174,963. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FORUM HOTEL LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 540 MASSIE ROAD | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22903 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 331841880 | EIN |
| Primary Activities | HOSPITALITY | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Total Income | $4,836,997 | TotalIncomeAmt |
| End Of Year Assets | $4,912,799 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UVA DARDEN SCHOOL FOUNDATION | BusinessNameLine1Txt |