WILLIAM & MARY FOUNDATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- WILLIAM & MARY FOUNDATION (EIN 54-0734117)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-15
- IRS object ID
- 202631359349311323
- Schema version
- 2024v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-15T14:04:44+00:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 East Las Olas Blvd Suite 1100 | AddressLine1Txt |
| City | Fort Lauderdale | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 333014230 | 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 | 540734117 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | William & Mary Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 7572211906 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5300 DISCOVERY PARK BLVD 3rd FLOOR | AddressLine1Txt |
| City | WILLIAMSBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 231882695 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MATTHEW T LAMBERT | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Signature | 2026-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRITTNEY KOCAJ | PreparerPersonNm |
| PTIN | P01320603 | PTIN |
| Phone | 9542028600 | PhoneNum |
| Preparation | 2026-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MATTHEW T LAMBERT | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5300 DISCOVERY PARK BLVD 3rd FLOOR | AddressLine1Txt |
| City | WILLIAMSBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 231882695 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $617,712,216 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | https://wmf1693.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1939 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | The William & Mary Foundation advances the university's highest aspirations by securing private support, guiding a multi-asset investment portfolio, and offering strategic leadership. In this work, we propel the university toward national preeminence and help shape a future worthy of its history. | ActivityOrMissionDesc |
| Voting Members Governing Body | 33 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 33 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 39 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $131,082,801 | PYContributionsGrantsAmt |
| CY Contributions Grants | $101,450,564 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,842,531 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,876,593 | CYProgramServiceRevenueAmt |
| PY Investment Income | $26,701,323 | PYInvestmentIncomeAmt |
| CY Investment Income | $85,858,918 | CYInvestmentIncomeAmt |
| PY Other Revenue | $11,370 | PYOtherRevenueAmt |
| CY Other Revenue | $50 | CYOtherRevenueAmt |
| PY Total Revenue | $161,638,025 | PYTotalRevenueAmt |
| CY Total Revenue | $191,186,125 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $60,679,105 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $52,713,635 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $7,483,034 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $11,946,345 | PYOtherExpensesAmt |
| CY Other Expenses | $14,407,101 | CYOtherExpensesAmt |
| PY Total Expenses | $72,625,450 | PYTotalExpensesAmt |
| CY Total Expenses | $67,120,736 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $89,012,575 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $124,065,389 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,294,159,126 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,455,364,130 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $36,220,357 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $37,808,492 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,257,938,769 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,417,555,638 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The William & Mary Foundation advances the university's highest aspirations by securing private support, guiding a multi-asset investment portfolio, and offering strategic leadership. In this work, we propel the university toward national preeminence and help shape a future worthy of its history. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $41,946,098 | ExpenseAmt |
| Grant | $37,379,964 | GrantAmt |
| Desc | THE FOUNDATION PROVIDES FUNDING TO SUPPORT THE SALARIES OF FACULTY, ADMINISTRATIVE STAFF, AND OTHER PERSONNEL AT WILLIAM & MARY. IT ALSO SUPPLIES GENERAL OPERATING SUPPORT TO ADVANCE THE UNIVERSITY'S ACADEMIC MISSION, STRATEGIC PRIORITIES, AND OVERALL INSTITUTIONAL EXCELLENCE. ADDITIONAL DETAILS CAN BE FOUND IN PART IX AND SCHEDULE I. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $14,840,359 | ExpenseAmt |
| Grant | $14,840,359 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO WILLIAM & MARY STUDENTS THROUGH SCHOLARSHIPS. THIS SUPPORT HELPS EXPAND ACCESS, PROMOTE AFFORDABILITY , AND ENABLE STUDENTS TO PURSUE AND COMPLETE THEIR EDUCATION. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $493,312 | ExpenseAmt |
| Grant | $493,312 | GrantAmt |
| Revenue | $3,077,768 | RevenueAmt |
| Desc | THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO ORGANIZATIONS AFFILIATED WITH OR RELATED TO WILLIAM & MARY. THESE CONTRIBUTIONS HELP STRENGTHEN COLLABORATIVE INITIATIVES, EXTEND THE UNIVERSITY'S IMPACT, AND SUPPORT ACTIVITIES ALIGNED WITH ITS MISSION AND VALUES. ADDITIONAL DETAILS CAN BE FOUND IN PART IX AND SCHEDULE I. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenue | $798,825 | RevenueAmt |
| Desc | THE FOUNDATION OWNS AND LEASES BUILDINGS AND FACILITIES TO WILLIAM & MARY FOR USE IN SUPPORT OF ITS ACADEMIC AND OPERATIONAL NEEDS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Revenue | $798,825 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $57,279,769 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 24 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 33 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 33 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Policies Reference Chapters | false | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Michelle Bernal | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7572211906 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5300 Discovery Park Boulevard | AddressLine1Txt |
| City | Williamsburg | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 231882695 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (44 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DARPAN S KAPADIA | ||||||||
| TRUSTEE/VICE CHAIRPERSON FOR DEVELOPMENT STRATEGY | 1.0 | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ELIZABETH CABELL JENNINGS | ||||||||
| TRUSTEE/VICE CHAIRPERSON FOR INVESTMENTS | 1.0 | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JANET R ATWATER | ||||||||
| TRUSTEE/CHAIRPERSON OF THE BOARD | 1.0 | 1.5 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| TERI DALE DUNGAN | ||||||||
| TRUSTEE/SECRETARY | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| A Clayton Perfall | ||||||||
| TRUSTEE | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| ANDREW W HORROCKS | ||||||||
| TRUSTEE | 1.0 | 1.5 | Yes (X) | $0 | $0 | $0 | ||
| CHET M THAKER | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINE MARIE VILLA | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| CLIFFORD B FLEET III | ||||||||
| TRUSTEE (TERM ENDED 10/24) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| DARCY CURRAN | ||||||||
| TRUSTEE (TERM BEGAN 10/24) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| DAVID N KELLEY | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| DAVID R COVIN | ||||||||
| TRUSTEE | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| DAWN M AARON | ||||||||
| TRUSTEE (TERM ENDED 10/24) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| DR STEPHEN S TANG | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| EUGENE P FOLEY JR | ||||||||
| TRUSTEE | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| FRANCES C ENGORON | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| HILARY GRANT DIXON | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| HYLAH B BALLOWE | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| J SCOTT PERKINS | ||||||||
| TRUSTEE (TERM ENDED 10/24) | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| JAMES E MALLORY | ||||||||
| TRUSTEE | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | ||
| JANE CHURCH HORVATH | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER T MACKESY | ||||||||
| TRUSTEE/VOTING EX-OFFICIO | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| JILL MARIE LORD | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| JODY W FORSYTH | ||||||||
| TRUSTEE (TERM ENDED 10/24) | 1.0 | 1.5 | Yes (X) | $0 | $0 | $0 | ||
| KARLA MUNDEN | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| KATHERINE A ROWE | ||||||||
| TRUSTEE/ VOTING EX-OFFICIO | 1.0 | 0.2 | Yes (X) | $0 | $0 | $0 | ||
| LOUIS GERARD DUDNEY | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| MAISIE K O'FLANAGAN | ||||||||
| TRUSTEE (TERM BEGAN 10/24) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| MASHEA M ASHTON | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL C SAPNAR | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| PAMELA JORDAN PENNY | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| PENELOPE H MEREDITH | ||||||||
| TRUSTEE (TERM ENDED 10/24) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| RAELENE C WAGONER | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| SHELLEY B GOODE | ||||||||
| TRUSTEE (TERM ENDED 10/24) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Sue Hanna Gerdelman | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Timothy J Carroll | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| TODD A STOTTLEMYER | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| TODD ANDREW HOWARD | ||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| WILL H PAYNE II | ||||||||
| TRUSTEE (TERM BEGAN 10/24) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| BRUCE G AIRD | ||||||||
| CHIEF FINANCIAL OFFICER AND TREASURER | 30.0 | 0.5 | Yes (X) | $150,783 | $0 | $38,623 | ||
| JULIE S LEACH | ||||||||
| EXECUTIVE DIRECTOR | 32.0 | 0.0 | Yes (X) | $111,885 | $0 | $50,548 | ||
| MATTHEW T LAMBERT | ||||||||
| CHIEF EXECUTIVE OFFICER | 30.0 | 0.5 | Yes (X) | $332,250 | $0 | $37,458 | ||
| CATHERINE MOUNTJOY | ||||||||
| CHIEF OPERATING OFFICER, 1693 PARTNERS FUND | 5.0 | 40.0 | $427,250 | $0 | $50,198 | Yes (X) | ||
| F BRIAN HIESTAND | ||||||||
| CHIEF INVESTMENT OFFICER, 1693 PARTNERS FUND | 10.0 | 40.0 | $664,032 | $0 | $70,740 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,686,200 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $247,567 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (true) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line2ContractorAddress/USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| Cambridge Associates LLC | ||||||
| 125 HIGH ST | BOSTON | MA | 021102704 | INVESTMENT ADVISORY SERVICES | $452,813 | |
| SG AL Holdings LLC | ||||||
| 331 Park Avenue S | New York | NY | 10010 | TECHNOLOGY SERVICES | $402,385 | 12th Floor |
| INVNT LLC | ||||||
| 101 Greenwich Street | New York | NY | 10006 | BRAND ENGAGEMENT CONSULTING | $303,000 | Floor 26 |
| McGuireWoods LLP | ||||||
| 800 E CANAL ST | RICHMOND | VA | 232193956 | LEGAL SERVICES | $211,606 | |
| Arnold & Porter Kaye Scholar LLP | ||||||
| 601 MASSACHUSETTS AVE NW | WASHINGTON | DC | 200013743 | LEGAL SERVICES | $180,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $101,450,564 | AllOtherContributionsAmt |
| Noncash Contributions | $33,971,708 | NoncashContributionsAmt |
| Total Contributions | $101,450,564 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RENT OF BUILDINGS TO W&M | 531120 | $798,825 | $798,825 |
| Management Fees - Related Orgs | 525910 | $3,077,768 | $3,077,768 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,876,593 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,403,312 | TotalRevenueColumnAmt |
| Exclusion | $18,403,312 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $493,981,697 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $426,526,091 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $67,455,606 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $67,455,606 | TotalRevenueColumnAmt |
| Exclusion | $67,455,606 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $50 | TotalRevenueColumnAmt |
| Exclusion | $50 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $50 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $191,186,125 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,876,593 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $85,858,968 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,713,635 | TotalAmt |
| Program Services | $52,713,635 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,560 | TotalAmt |
| Program Services | $7,061 | ProgramServicesAmt |
| Management And General | $34,428 | ManagementAndGeneralAmt |
| Fundraising | $12,071 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $147,703 | TotalAmt |
| Management And General | $147,703 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $179,993 | TotalAmt |
| Program Services | $179,993 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $455,625 | TotalAmt |
| Management And General | $455,625 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,576,930 | TotalAmt |
| Program Services | $853,826 | ProgramServicesAmt |
| Management And General | $344,918 | ManagementAndGeneralAmt |
| Fundraising | $2,378,186 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $369,803 | TotalAmt |
| Program Services | $111,687 | ProgramServicesAmt |
| Management And General | $39,189 | ManagementAndGeneralAmt |
| Fundraising | $218,927 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,286,607 | TotalAmt |
| Program Services | $160,482 | ProgramServicesAmt |
| Management And General | $815 | ManagementAndGeneralAmt |
| Fundraising | $1,125,310 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $751,813 | TotalAmt |
| Program Services | $74,474 | ProgramServicesAmt |
| Fundraising | $677,339 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $272,077 | TotalAmt |
| Program Services | $150,634 | ProgramServicesAmt |
| Management And General | $43,669 | ManagementAndGeneralAmt |
| Fundraising | $77,774 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,739 | TotalAmt |
| Program Services | $330 | ProgramServicesAmt |
| Management And General | $8,409 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $288,368 | TotalAmt |
| Program Services | $222,132 | ProgramServicesAmt |
| Fundraising | $66,236 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $353,046 | TotalAmt |
| Program Services | $235,521 | ProgramServicesAmt |
| Fundraising | $117,525 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $521,314 | TotalAmt |
| Program Services | $381,247 | ProgramServicesAmt |
| Management And General | $116,067 | ManagementAndGeneralAmt |
| Fundraising | $24,000 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STAFF COMPENSATION | $5,448,341 | $2,061,396 | $1,056,170 | $2,330,775 |
| FOOD SERVICES | $436,212 | $23,077 | $24,714 | $388,421 |
| BOOKS, SUBSCRIPTIONS | $115,431 | $73,473 | $5,525 | $36,433 |
| Public Relations | $74,053 | $2,972 | $57,042 | $14,039 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,486 | TotalAmt |
| Program Services | $27,829 | ProgramServicesAmt |
| Management And General | $23,659 | ManagementAndGeneralAmt |
| Fundraising | $15,998 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,120,736 | TotalAmt |
| Program Services | $57,279,769 | ProgramServicesAmt |
| Management And General | $2,357,933 | ManagementAndGeneralAmt |
| Fundraising | $7,483,034 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,999,924 | BOYAmt |
| EOY | $7,516,657 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,494,023 | BOYAmt |
| EOY | $109,026,008 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,149,488 | BOYAmt |
| EOY | $1,971,020 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $499,855 | BOYAmt |
| EOY | $499,855 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,202,890 | BOYAmt |
| EOY | $1,061,983 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $22,524,900 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $9,208,761 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,589,509 | BOYAmt |
| EOY | $13,316,139 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,529,099 | BOYAmt |
| EOY | $7,077,981 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $930,380,302 | BOYAmt |
| EOY | $1,073,151,335 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $227,314,036 | BOYAmt |
| EOY | $241,743,152 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,294,159,126 | BOYAmt |
| EOY | $1,455,364,130 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,878,911 | BOYAmt |
| EOY | $3,611,649 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,201 | BOYAmt |
| EOY | $35,566 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,090,000 | BOYAmt |
| EOY | $6,090,000 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,501,937 | BOYAmt |
| EOY | $1,283,275 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,717,308 | BOYAmt |
| EOY | $26,788,002 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,220,357 | BOYAmt |
| EOY | $37,808,492 | 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 | $54,014,971 | BOYAmt |
| EOY | $63,310,314 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,203,923,798 | BOYAmt |
| EOY | $1,354,245,324 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,257,938,769 | BOYAmt |
| EOY | $1,417,555,638 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,294,159,126 | BOYAmt |
| EOY | $1,455,364,130 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $124,065,389 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $35,301,088 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $250,392 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $28,369,419 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $31,141,557 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $20,121,582 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $131,082,801 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $101,450,564 | CurrentTaxYearAmt |
| Total | $312,165,923 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $28,369,419 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $31,141,557 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $20,121,582 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $131,082,801 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $101,450,564 | CurrentTaxYearAmt |
| Total | $312,165,923 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $65,581,927 | SubstantialContributorsTotAmt |
| Public Support Total170 | $246,583,996 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,388,111 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,450,589 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,675,436 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,100,253 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,403,312 | CurrentTaxYearAmt |
| Total | $69,017,701 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $47,697 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $900,738 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $57,096 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,370 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $50 | CurrentTaxYearAmt |
| Total | $1,016,951 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $382,200,575 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $16,630,221 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.64517 | PublicSupportCY170Pct |
| Public Support PY170 | 0.75035 | 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 Other Income | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION - OTHER INCOME, COLUMN A - 47697.0, COLUMN B - 900738.0, COLUMN C - 57096.0, COLUMN D - 11370.0, COLUMN E - 50.0, COLUMN F - 1016951.0; | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $179,993 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $179,993 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY | FormAndLineReferenceDesc |
| Explanation | WILLIAM & MARY FOUNDATION PAID REGISTERED LOBBYISTS TO CONTACT MEMBERS OF THE UNITED STATES CONGRESS, VIRGINIA GENERAL ASSEMBLY, AND OTHER GOVERNMENT OFFICIALS REGARDING PENDING LEGISLATION RELATED TO HIGHER EDUCATION PROGRAMS, RESEARCH AND DEVELOPMENT INITIATIVES, FUNDING, STUDENT FINANCIAL AID, CAREER DEVELOPMENT, STUDENT VETERANS, TEACHER PREPARATION, COASTAL SYSTEMS, ENVIRONMENTAL FORECASTING, WATER QUALITY MONITORING, GEOSPATIAL IMPACT EVALUATIONS AND OTHER VARIOUS ISSUES HELPFUL TO THE MISSION OF WILLIAM & MARY FOUNDATION. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $6,102,244 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | COLLECTION USED FOR TEACHING | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $837,221,385 | BeginningYearBalanceAmt |
| Contributions | $42,573,744 | ContributionsAmt |
| Investment Earnings Or Losses | $93,690,273 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $12,072,423 | GrantsOrScholarshipsAmt |
| Other Expenditures | $18,254,003 | OtherExpendituresAmt |
| Administrative Expenses | $10,048,451 | AdministrativeExpensesAmt |
| End Year Balance | $933,110,525 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $782,346,335 | BeginningYearBalanceAmt |
| Contributions | $21,067,641 | ContributionsAmt |
| Investment Earnings Or Losses | $70,053,464 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,662,549 | GrantsOrScholarshipsAmt |
| Other Expenditures | $16,144,596 | OtherExpendituresAmt |
| Administrative Expenses | $9,438,910 | AdministrativeExpensesAmt |
| End Year Balance | $837,221,385 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $743,301,003 | BeginningYearBalanceAmt |
| Contributions | $18,547,940 | ContributionsAmt |
| Investment Earnings Or Losses | $50,725,344 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,946,422 | GrantsOrScholarshipsAmt |
| Other Expenditures | $17,136,530 | OtherExpendituresAmt |
| Administrative Expenses | $2,145,000 | AdministrativeExpensesAmt |
| End Year Balance | $782,346,335 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $780,004,828 | BeginningYearBalanceAmt |
| Contributions | $20,792,882 | ContributionsAmt |
| Investment Earnings Or Losses | -$30,122,199 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $9,433,359 | GrantsOrScholarshipsAmt |
| Other Expenditures | $16,126,149 | OtherExpendituresAmt |
| Administrative Expenses | $1,815,000 | AdministrativeExpensesAmt |
| End Year Balance | $743,301,003 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $577,882,344 | BeginningYearBalanceAmt |
| Contributions | $19,940,287 | ContributionsAmt |
| Investment Earnings Or Losses | $207,869,492 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,491,339 | GrantsOrScholarshipsAmt |
| Other Expenditures | $15,380,956 | OtherExpendituresAmt |
| Administrative Expenses | $1,815,000 | AdministrativeExpensesAmt |
| End Year Balance | $780,004,828 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.0312 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.4931 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.4757 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (true) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (true) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,354,065 | OtherCostOrOtherBasisAmt |
| Book Value | $2,354,065 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,869,420 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,322,570 | DepreciationAmt |
| Book Value | $9,546,850 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,123,687 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,978,161 | DepreciationAmt |
| Book Value | $145,526 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,177,728 | OtherCostOrOtherBasisAmt |
| Depreciation | $908,030 | DepreciationAmt |
| Book Value | $1,269,698 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $13,316,139 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (7 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Closely-held equity interests | ||
| Financial derivatives | ||
| INVESTMENT 1693 PARTNERS FUND | $946,736,904 | F |
| DISCOUNT NOTES AND OTHER SHORT TERM INVESTMENTS | $126,289,148 | F |
| INVESTMENT IN COLLEGE OF WILLIAM & MARY REAL ESTATE FOUNDATION | $5,000 | C |
| ALTERNATIVE INVESTMENTS | $113,783 | F |
| OTHER INVESTMENTS | $6,500 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,073,151,335 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| COLLECTIONS | $6,102,244 |
| RECEIVABLE FROM CHARITABLE REMAINDER TRUSTS | $4,785,634 |
| CASH SURRENDER VALUE OF LIFE INSURANCE | $1,167,194 |
| FUNDS HELD IN TRUSTS BY OTHERS | $229,688,080 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $241,743,152 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal Income Taxes | |
| DEFERRED COMPENSATION LIABILITY | |
| LIFE ESTATES RETAINED BY DONORS | $253,000 |
| OBLIGATIONS UNDER SPLIT-INTEREST AGREEMENTS | $3,740,205 |
| FUNDS HELD FOR OTHERS | $22,794,797 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $26,788,002 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $0 | RevenueSubtotalAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $0 | TotalRevenuePerForm990Amt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $0 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $0 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 4 Collections of art - description of collections | THE FOUNDATION OWNS WORKS OF ART FOR THE BENEFIT OF THE MUSCARELLE MUSEUM OF WILLIAM & MARY, AS WELL AS ANTIQUES USED BY WILLIAM & MARY IN VARIOUS BUILDINGS. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | PAYOUT FROM ENDOWMENT FUNDS IS USED FOR SCHOLARSHIPS, PROFESSORSHIPS AND OTHER DEPARTMENTAL USES, OR FOR THE GENERAL PURPOSES OF THE FOUNDATION OR WILLIAM & MARY. IN ADDITION TO ENDOWMENTS REPORTED IN SCHEDULE D, THE FOUNDATION HAS AN IRREVOCABLE INTEREST IN A PORTION OF THE INCOME FROM THREE ENTITIES UNRELATED TO THE FOUNDATION. THE VALUE OF THE FOUNDATION'S INTEREST IN THESE ENTITIES IS REPORTED AS FUNDS HELD IN TRUST BY OTHERS, AND WAS $224,590,757 and $210,606,181 AT JUNE 30, 2025 AND 2024, RESPECTIVELY. CHANGE IN THE VALUE OF THIS INTEREST DURING THE YEAR WAS $13,984,576. THE FOUNDATION ALSO HOLDS CERTAIN ENDOWMENTS FOR THE BENEFIT OF THE OMOHUNDRO INSTITUTE OF EARLY AMERICAN HISTORY AND CULTURE VALUED AT $22,794,797 and $21,495,747 AT JUNE 30, 2025 AND 2024, RESPECTIVELY. IN ACCORDANCE WITH ACCOUNTING GUIDANCE, THE OMOHUNDRO ENDOWMENTS ARE REPORTED WITH AN OFFSETTING LIABILITY AND ACTIVITY RELATING TO THE OMOHUNDRO ENDOWMENTS IS NOT REPORTED IN THE FOUNDATION'S STATEMENT OF ACTIVITY. AS A RESULT, THE OMOHUNDRO FUNDS ARE NOT INCLUDED IN PART V OF SCHEDULE D. DISTRIBUTIONS IN THE AMOUNT OF $774,276 WERE MADE FROM THE OMOHUNDRO ENDOWMENTS TO THE OMOHUNDRO INSTITUTE DURING THE YEAR. 1693 PARTNERS FUND, A RELATED CONTROLLED ORGANIZATION OF THE FOUNDATION, OVERSEES THE INVESTMENT OF THE MAJORITY OF THE FOUNDATION'S ENDOWED ASSETS. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The Foundation, the 1693 Foundation and the Fund are nonstock corporations which have been determined by the Internal Revenue Service to be exempt from taxes on income derived from activities related to its exempt purpose under Section 501(c)(3) of the Internal Revenue Code. The REF is a stock corporation, wholly owned by the Foundation, which has been determined by the Internal Revenue Service to be exempt from taxes on income derived from activities related to its exempt purpose under Section 501(c)(2) of the Internal Revenue Code. Reliance is a limited liability company that is not disregarded for tax purposes, and therefore is subject to tax. CWMF Ventures, Foundation Services, 1693 Management and Gates Hall, LLC are disregarded entities for income tax purposes, and all activity is reported on the Foundation's tax return. ASC Topic 740, Income Taxes, provides guidance for how uncertain tax positions should be recognized, measured, presented, and disclosed in financial statements. ASC Topic 740 requires the evaluation of tax positions taken or expected to be taken in the course of preparing tax returns of the Foundation and its affiliated entities to determine whether the tax positions will "more-likely-than-not" be sustained by the applicable tax authority. As a result, tax positions not meeting the more-likely-than- not threshold would result in a current year expense or the absence of a benefit, as appropriate for the tax position. The Foundation has concluded that no provision for income tax is required in the Foundation's consolidated financial statements for the years ended June 30, 2025 and 2024. As of June 30, 2024, the Foundation had federal net operating losses available for carryforward in the amount of $3,893,197 as a result of unrelated business taxable income ("UBTI") resulting from investments in the Trust. UBTI is taxed at the prevailing corporate tax rate. Due to the uncertainty about whether these losses will result in a tax asset, no tax asset was recorded in the consolidated financial statements at June 30, 2025 and 2024. Net operating losses arising in tax years ending after December 31, 2017, have an indefinite carryforward period. Losses arising in earlier tax years have a carryforward period of twenty years. Losses arising in tax years beginning after December 31, 2017, are limited to 80% of taxable income in the year deducted. The filing deadline for the June 30, 2025 tax return is May 15, 2026. In addition to the year ended June 30, 2025, the years ended June 30, 2024, 2023, and 2022 are open for inspection by the taxing authorities. |
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 | $113,784 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $113,784 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $113,784 | TotalSpentAmt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | FormAndLineReferenceDesc |
| Explanation | CENTRAL AMERICA AND THE CARIBBEAN-Accrual | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (28 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $13,563,449 | Scholarships |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $5,823,151 | Athletic Complex Fund |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $5,763,782 | Advancement Funding |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $3,633,011 | Professorships |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $2,294,564 | Intercollegiate Athletics |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $1,949,461 | Track Field and XC Facilities Fund |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $1,852,283 | Institute, Integrative Conserve Fund |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $1,580,534 | Center for the Visual Arts |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $1,198,484 | Camp Launch Program |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $1,054,450 | University Strategic Priorities |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $1,000,000 | Kaplan Arena |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $944,531 | Museums and Galleries |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $893,294 | W & M VET Program |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $416,566 | Soccer/Lacrosse Practice Fields |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $285,603 | Career Center Student Internship |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $268,358 | Global Research Institute Fund |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $250,000 | Williamsburg Institute |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $229,847 | Botetourt Theater Renovation |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $225,000 | Jimmye Laycock Football Complex |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $198,677 | Batten Coastal & Marine Sciences |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $185,386 | Music Bldg Enhancement & Maintenance |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $65,673 | Tennis Facility Fund |
| WILLIAM & MARY | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546001718 | GOVERNMENT ENTITY | $8,544,219 | Other - general support |
| MURRAY 1693 SCHOLARS FOUNDATION | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 464365190 | 501(C)(3) | $79,430 | GENERAL SUPPORT |
| WILLIAM & MARY ALUMNI ASSOCIATION | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 546054289 | 501(C)(3) | $230,719 | GENERAL SUPPORT |
| OMOHUNDRO INSTITUTE OF EARLY AMERICAN HISTORY & CULTURE | |||||||
| PO BOX 8781 | WILLIAMSBURG | VA | 231878781 | 541045628 | 501(C)(3) | $17,417 | GENERAL SUPPORT |
| WILLIAM & MARY REAL ESTATE FOUNDATION INC | |||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 208608553 | 501(C)(3) | $126,033 | GENERAL SUPPORT |
| William & Mary Athletics Foundation | |||||||
| PO BOX 399 | WILLIAMSBURG | VA | 23187 | 546056480 | 501(C)(3) | $39,713 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 6 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIPS ARE AWARDED BY EITHER THE FINANCIAL AID OFFICE OR ACADEMIC DEPARTMENTS OF WILLIAM & MARY BASED ON FINANCIAL NEED, ACADEMIC ACHIEVEMENT AND OTHER SIMILAR STANDARDS. AT THE TIME OF DISBURSEMENT FOR SCHOLARSHIPS OR OTHER NEEDS, THE PURPOSE IS REVIEWED TO ENSURE IT IS IN COMPLIANCE WITH DONOR RESTRICTIONS, IF ANY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BRUCE G AIRD | ||||||||||||||
| CHIEF FINANCIAL OFFICER AND TREASURER | $143,150 | $0 | $6,966 | $0 | $667 | $0 | $18,516 | $0 | $20,107 | $0 | $189,406 | $0 | $0 | $0 |
| MATTHEW T LAMBERT | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $326,338 | $0 | $0 | $0 | $5,912 | $0 | $17,454 | $0 | $20,004 | $0 | $369,708 | $0 | $0 | $0 |
| JULIE S LEACH | ||||||||||||||
| EXECUTIVE DIRECTOR | $111,561 | $0 | $0 | $0 | $324 | $0 | $9,522 | $0 | $41,026 | $0 | $162,433 | $0 | $0 | $0 |
| F BRIAN HIESTAND | ||||||||||||||
| CHIEF INVESTMENT OFFICER, 1693 PARTNERS FUND | $350,628 | $0 | $311,567 | $0 | $1,837 | $0 | $36,360 | $0 | $34,380 | $0 | $734,772 | $0 | $0 | $0 |
| CATHERINE MOUNTJOY | ||||||||||||||
| CHIEF OPERATING OFFICER, 1693 PARTNERS FUND | $258,067 | $0 | $168,339 | $0 | $844 | $0 | $22,453 | $0 | $27,745 | $0 | $477,448 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a First-class or charter travel | DURING THE FISCAL YEAR CERTAIN TRIPS FOR FUNDRAISING PURPOSES MAY OCCUR WHERE THE CEO AND OTHER FOUNDATION AND WILLIAM & MARY OFFICIALS USE CHARTER AIR TRAVEL TO SAVE TIME OR IT IS COST EFFICIENT FOR THE GROUP OF INDIVIDUALS TRAVELLING. THE CEO IS AN OFFICER OF THE FOUNDATION. ANY CHARTER TRAVEL FOR THESE PURPOSES IS IN CONNECTION WITH HIS OFFICIAL DUTIES AS AN OFFICER OF THE FOUNDATION. IN ACCORDANCE WITH FOUNDATION POLICIES, THE USE OF CHARTER TRAVEL IS APPROVED IN ADVANCE BY THE TREASURER (OR OTHER RESPONSIBLE OFFICER) OF THE FOUNDATION IF DETERMINED TO BE A NECESSARY BUSINESS EXPENSE. |
| Schedule J, Part I, Line 1a Travel for companions | PURSUANT TO A WRITTEN POLICY AND APPROPRIATE APPROVAL, CERTAIN OFFICERS' SPOUSES ARE PERMITTED TO TRAVEL ON OCCASION, WHEN NECESSARY FOR A BONA FIDE BUSINESS PURPOSE. A FAMILY MEMBER'S PRESENCE IS CONSIDERED TO SERVE A BONA FIDE BUSINESS PURPOSE IF THE INDIVIDUAL HAS A SIGNIFICANT ROLE IN THE PROCEEDINGS OR MAKES AN IMPORTANT CONTRIBUTION TO THE SUCCESS OF THE EVENT, AS DEFINED IN THE TREASURY REGULATIONS. REIMBURSEMENT OR PAYMENT OF THE TRAVEL EXPENSES OF AN ELIGIBLE EMPLOYEE'S FAMILY MEMBER MUST NORMALLY BE PRE-APPROVED BY THE PRESIDENT OR APPROPRIATE EXECUTIVE. |
| Schedule J, Part I, Line 1a Health or social club dues or initiation fees | THE CEO'S COMPENSATION INCLUDES MEMBERSHIP TO A LOCAL SOCIAL CLUB. THE BENEFIT IS TREATED AS TAXABLE INCOME TO THE CEO. |
| Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation | WILLIAM & MARY (THE UNIVERSITY) IS THE COMMON PAYMASTER FOR EMPLOYEES OF WILLIAM & MARY FOUNDATION (THE FOUNDATION). AS SUCH, THE FOUNDATION DOES NOT HAVE EMPLOYEES OF RECORD FOR PURPOSES OF FORM W-3 REPORTING. HOWEVER, THE UNIVERSITY AND THE FOUNDATION ARE NOT RELATED ENTITIES AND THE FOUNDATION REIMBURSES THE UNIVERSITY FOR THE SALARY AND BENEFIT COSTS FOR THE FOUNDATION'S EMPLOYEES FOR SERVICES PERFORMED EXCLUSIVELY FOR THE FOUNDATION. COMPENSATION IS GENERALLY ESTABLISHED WITHIN THE GUIDELINES OF THE UNIVERSITY, INCLUDING COMPARABLE MARKET DATA AS APPROPRIATE. THE FOUNDATION'S EXECUTIVE COMMITTEE COMPLETES AN ANNUAL EXECUTIVE PERFORMANCE REVIEW ASSESSMENT FOR THE CEO, WHICH IS SHARED WITH THE PRESIDENT OF THE UNIVERSITY. COMPENSATION FOR THE CHIEF INVESTMENT OFFICER IS DETERMINED IN PART BY THE BOARD OF MANAGERS OF THE 1693 MANAGEMENT CO LLC, A WHOLLY OWNED SUBSIDIARY OF THE FOUNDATION, WHICH CONSIDERED A SURVEY OF COMPENSATION OF INDIVIDUALS IN SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS. |
| Schedule J, Part I, Line 7 Non-fixed payments | BRIAN HIESTAND, CATHERINE MOUNTJOY RECEIVED BONUSES APPROVED BY THE BOARD OF MANAGERS OF 1693 MANAGEMENT CO LLC (THE INVESTMENT MANAGER OF 1693 PARTNERS FUND - A WHOLLY OWNED SUBSIDIARY OF W&M FOUNDATION). BONUSES ARE BASED ON A FIXED FORMULA INCORPORATING THE RETURN OF THE FUND AND OTHER FACTORS. THE CFO RECEIVED A REASONABLE MERIT BONUS BASED ON HIS PERFORMANCE. |
| Schedule J, Part II COMPENSATION FROM UNRELATED ORGANIZATION | THE INDIVIDUALS LISTED IN PART II ARE COMPENSATED BY WILLIAM & MARY, THE COMMON PAYMASTER FOR EMPLOYEES OF WILLIAM & MARY FOUNDATION. THE FOUNDATION AND THE UNIVERSITY ARE NOT RELATED ENTITIES. THE UNIVERSITY IS REIMBURSED FOR THE COMPENSATION OF EMPLOYEES WHO PERFORM SERVICES EXCLUSIVELY FOR THE FOUNDATION. PER THE FORM 990 INSTRUCTIONS, THEIR COMPENSATION IS REPORTED AS COMPENSATION FROM THE FILING ORGANIZATION. ADDITIONAL INFORMATION REGARDING COMPENSATION, ETC. IS REPORTED IN SCHEDULE O. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ECONOMIC DEVELOPMENT AUTHORITY OF JAMES CITY COUNTY VIRGINIA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 541139263 | BondIssuerEIN |
| CUSIP | 000000000 | CUSIPNum |
| Bond Issued | 2011-12-20 | BondIssuedDt |
| Issue Price | $8,090,000 | IssuePriceAmt |
| Purpose | REFUND PRIOR TAX-EXEMPT BOND ISSUED 12/31/2006 | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $2,000,000 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $8,090,000 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $0 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $0 | CapitalExpendituresAmt |
| Other Spent Proceeds | $8,090,000 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2011 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (true) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | false | EngageBondCounselContractsInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Engage Bond Counsel Research | false | EngageBondCounselResearchInd |
| Private Bus Use By Others | 0.0 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.0 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.0 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropPct |
| Remedial Action Taken | false | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | Yes (true) | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | Yes (true) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Term Of Hedge | 0 | TermOfHedgePct |
| Superintegrated Hedge | false | SuperintegratedHedgeInd |
| Hedge Terminated | false | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Term Of GIC | 0 | TermOfGICPct |
| Regulatory Safe Harbor Stsfd | false | RegulatorySafeHarborStsfdInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contribution | 76 | ContributionCnt |
| Noncash Contributions Rpt F990 | $33,971,708 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I Explanations of reporting method for number of contributions | FormAndLineReferenceDesc |
| Explanation | Securities - Publicly traded - COLUMN B REFERS TO THE NUMBER OF CONTRIBUTORS. PUBLISHED FAIR VALUE ON THE DATE OF THE CONTRIBUTION IS USED TO DETERMINE VALUE. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 4a-4c Description of program services | (Expenses $ including grants of $)(Revenue $ 798,825) THE FOUNDATION OWNS AND LEASES BUILDINGS AND FACILITIES TO WILLIAM & MARY FOR USE IN SUPPORT OF ITS ACADEMIC AND OPERATIONAL NEEDS. |
| Form 990, Part VI, Line 1a Material differences in voting rights | THE GOVERNING DOCUMENTS OF THE FOUNDATION AUTHORIZE THE EXECUTIVE COMMITTEE TO EXERCISE THE FULL POWER AND AUTHORITY OF THE BOARD OF TRUSTEES BETWEEN MEETINGS OF THE TRUSTEES EXCEPT TO THE EXTENT LIMITED BY THE ARTICLES OF INCORPORATION, THE BYLAWS AND THE LAWS OF THE COMMONWEALTH OF VIRGINIA. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE CHAIRPERSON AND VICE CHAIRPERSONS OF THE BOARD, SECRETARY, TREASURER, CHAIRPERSON OF EACH COMMITTEE, THE IMMEDIATE PAST CHAIRPERSON OF THE BOARD, AND AT LARGE TRUSTEES OF THE BOARD. ALL EXECUTIVE COMMITTEE MEMBERS ARE VOTING MEMBERS OF THE BOARD OF TRUSTEES. |
| Form 990, Part VI, Line 6 Classes of members or stockholders | THE PRESIDENT OF WILLIAM & MARY (OR AN INDIVIDUAL DESIGNATED BY THE PRESIDENT OF THE UNIVERSITY TO SERVE IN HIS OR HER STEAD AND FOR SUCH TERM AS DESIGNATED BY THE PRESIDENT OF THE UNIVERSITY) AND THE INDIVIDUAL SERVING AS RECTOR OF THE BOARD OF VISITORS OF WILLIAM & MARY (THE "BOV") (OR AN INDIVIDUAL DESIGNATED BY THE RECTOR OF THE BOV TO SERVE IN HIS OR HER STEAD AND FOR SUCH TERM AS DESIGNATED BY THE RECTOR OF THE BOV) SERVE AS EX-OFFICIO TRUSTEES, WITH FULL VOTING RIGHTS. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | THE PRESIDENT OF WILLIAM & MARY (OR AN INDIVIDUAL DESIGNATED BY THE PRESIDENT OF THE UNIVERSITY TO SERVE IN HIS OR HER STEAD AND FOR SUCH TERM AS DESIGNATED BY THE PRESIDENT OF THE UNIVERSITY) AND THE INDIVIDUAL SERVING AS RECTOR OF THE BOARD OF VISITORS OF WILLIAM & MARY (THE "BOV") (OR AN INDIVIDUAL DESIGNATED BY THE RECTOR OF THE BOV TO SERVE IN HIS OR HER STEAD AND FOR SUCH TERM AS DESIGNATED BY THE RECTOR OF THE BOV) SERVE AS EX-OFFICIO TRUSTEES, WITH FULL VOTING RIGHTS. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | THE FOUNDATION PROVIDED A COPY OF FORM 990 TO THE GOVERNING BODY BEFORE IT WAS FILED. PRIOR TO FILING FORM 990, THE FOUNDATION'S CEO, CFO, EXECUTIVE DIRECTOR, CONTROLLER, AND AUDIT COMMITTEE REVIEW A DRAFT OF THE FORM. |
| Form 990, Part VI, Line 12c Conflict of interest policy | ANNUAL DISCLOSURES ARE REVIEWED FOR POSSIBLE CONFLICTS, WHICH ARE ADDRESSED IN THE MANNER OUTLINED IN THE CONFLICT OF INTEREST POLICY. MATTERS RAISED EITHER PRIOR TO OR DURING A MEETING OF THE BOARD OR ANY COMMITTEE ARE ADDRESSED AT THAT TIME. THE POLICY COVERS BOARD MEMBERS AND KEY STAFF MEMBERS. VOTING BOARD MEMBERS ARE RESTRICTED FROM VOTING ON MATTERS IN WHICH THEY MAY HAVE A CONFLICT, AND ARE EXCUSED FROM MEETINGS WHEN A VOTE IS TAKEN. DETERMINATION OF WHETHER A CONFLICT EXISTS IS MADE AT THE COMMITTEE OR BOARD LEVEL, BASED ON AUTHORITY TO TAKE ACTION. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE CONSOLIDATED FINANCIAL STATEMENTS OF THE ORGANIZATION AND ITS RELATED ENTITIES ARE MADE AVAILABLE UPON REQUEST AND ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE GENERALLY NOT AVAILABLE TO THE PUBLIC, WITH THE EXCEPTION OF THE ORGANIZATION'S ARTICLES OF INCORPORATION, WHICH ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | CHANGE IN VALUE OF SPLIT INTERESTS - 158459; CHANGE IN VALUE OF LIFE INSURANCE SURRENDER VALUE - 122441; Gain/Loss Dispose Fixed Assets - -45706; Other Fund Additions - 15198; Total - 250392; |
| PART VI, SECTION B, LINE 15A AND 15B PROCESS FOR DETERMINING COMPENSATION | WILLIAM & MARY (THE UNIVERSITY) IS THE COMMON PAYMASTER FOR EMPLOYEES OF WILLIAM & MARY FOUNDATION (THE FOUNDATION). AS SUCH, THE FOUNDATION DOES NOT HAVE EMPLOYEES OF RECORD FOR PURPOSES OF FORM W-3 REPORTING. HOWEVER, THE UNIVERSITY AND THE FOUNDATION ARE NOT RELATED ENTITIES AND THE FOUNDATION REIMBURSES THE UNIVERSITY FOR THE SALARY AND BENEFIT COSTS FOR THE FOUNDATION'S EMPLOYEES FOR SERVICES PERFORMED EXCLUSIVELY FOR THE FOUNDATION. COMPENSATION IS GENERALLY ESTABLISHED WITHIN THE GUIDELINES OF THE UNIVERSITY, INCLUDING COMPARABLE MARKET DATA AS APPROPRIATE. THE FOUNDATION'S EXECUTIVE COMMITTEE COMPLETES AN ANNUAL EXECUTIVE PERFORMANCE REVIEW ASSESSMENT FOR THE CEO, WHICH IS SHARED WITH THE PRESIDENT OF THE UNIVERSITY. COMPENSATION FOR THE CHIEF INVESTMENT OFFICER IS DETERMINED IN PART BY THE BOARD OF MANAGERS OF THE 1693 MANAGEMENT CO LLC, A WHOLLY OWNED SUBSIDIARY OF THE FOUNDATION, WHICH CONSIDERED A SURVEY OF COMPENSATION OF INDIVIDUALS IN SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| CWMF VENTURES LLC | |||||||||
| 5300 DISCOVERY PARK BOULEVARD | WILLIAMSBURG | VA | 231882695 | 208014108 | CONSTRUCT AND OWN A 3-STORY OFFICE BUILDING | VA | $826,304 | $5,984,194 | WILLIAM & MARY FOUNDATION |
| FOUNDATION SERVICES LLC | |||||||||
| 5300 Discovery Park Boulevard | WILLIAMSBURG | VA | 231882695 | 352687031 | SUPPORT THE WILLIAM & MARY FOUNDATION | VA | $0 | $429,445 | WILLIAM & MARY FOUNDATION |
| 1693 MANAGEMENT COMPANY LLC | |||||||||
| 5300 Discovery Park Boulevard | WILLIAMSBURG | VA | 231882695 | 843512679 | MANAGEMENT OF 1693 PARTNERS FUND | VA | $3,077,768 | $298,852 | WILLIAM & MARY FOUNDATION |
| GATES HALL LLC | |||||||||
| 5300 DISCOVERY PARK BOULEVARD | WILLIAMSBURG | VA | 231882695 | GATES HALL | VA | $0 | $35,000 | WILLIAM & MARY FOUNDATION | |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| THE COLLEGE OF WILLIAM AND MARY REAL ESTATE FOUNDATION | ||||||||||
| 5300 DISCOVERY PARK BOULEVARD | WILLIAMSBURG | VA | 231882695 | 541720019 | HOLD TITLE TO REAL ESTATE PROPERTY AND COLLECT INCOME THEREFROM | VA | 501(c)(2) | WILLIAM & MARY FOUNDATION | Yes (true) | |
| MURRAY 1693 SCHOLARS FOUNDATION | ||||||||||
| PO BOX 8795 | WILLIAMSBURG | VA | 231878795 | 464365190 | SUPPORT OF WILLIAM & MARY 1693 SCHOLARS PROGRAM | VA | 501(c)(3) | WILLIAM & MARY FOUNDATION | Yes (true) | Type I |
| 1693 PARTNERS FUND | ||||||||||
| 5300 DISCOVERY PARK BOULEVARD | WILLIAMSBURG | VA | 231882695 | 843505125 | INVESTMENT OF ENDOWMENT | VA | 501(c)(3) | WILLIAM & MARY FOUNDATION | Yes (true) | Type I |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RELIANCE HOLDINGS LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | INVESTMENTS ADMINISTRATION | AddressLine1Txt |
| Address Line2 | 5300 DISCOVERY PARK BOULEVARD | AddressLine2Txt |
| City | WILLIAMSBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 231882695 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541995402 | EIN |
| Primary Activities | HOLD MEMBERSHIP INTEREST IN NEW TOWN ASSOCIATES LLC | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE COLLEGE OF WILLIAM & MARY REAL ESTATE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C Corporation | EntityTypeTxt |
| Share Of Total Income | $0 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $1,018 | ShareOfEOYAssetsAmt |
| Ownership | 0.01 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| THE COLLEGE OF WILLIAM AND MARY REAL ESTATE FOUNDATION | ||
| D | $632,859 | ACTUAL AMOUNT |
| MURRAY 1693 SCHOLARS FOUNDATION | ||
| B | $79,430 | ACTUAL AMOUNT |
| 1693 PARTNERS FUND | ||
| Q | $3,077,768 | ACTUAL AMOUNT |
| 1693 PARTNERS FUND | ||
| R | $37,985,618 | ACTUAL AMOUNT |
| 1693 PARTNERS FUND | ||
| S | $41,722,631 | ACTUAL AMOUNT |