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William & MARY Foundation

Public charity990-T FY2023
Other · WILLIAMSBURG, VA · EIN 54-0734117
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About

To aid, strengthen and expand, in every proper and useful way, the work of william & MARY, a public university in virginia.

Donations are tax-deductible
Category
Other
Employees
0
Volunteers
43

Financial Snapshot

FY ending 2023-06-30
Revenue
$41.1M
Expenses
$52.6M
Assets
$1.1B
Liabilities
$33.7M

Financial history

$100.7M$50.4M$0
1617181920212223
RevenueExpenses
Latest FY2023: $41.1M · Peak FY2022: $100.7M · Avg: $73.8M

Foreign activity (Schedule F)

Total spent abroad$174K
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
Central America and the Caribbean——

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
—
Lobbying
$187K
Grants Given
$28.5M
WILLIAM & MARY FOUNDATION
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Address

5300 Discovery Park BLVD 3RD Floor
Williamsburg, VA, 23188-269

Governance

Voting board members38
Independent members38
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %3.4%
Permanent endowment %47.4%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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