UNIVERSITY OF VIRGINIA LAW SCHOOL FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF VIRGINIA LAW SCHOOL FOUNDATION (EIN 54-0838566)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-15
- IRS object ID
- 202501359349302620
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-15T07:46:27-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 540618213 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HANTZMON WIEBEL LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1408 | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540838566 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF VIRGINIA LAW SCHOOL | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 4349243466 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 580 MASSIE ROAD | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 229031738 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIE A JAMES | PersonNm |
| Person Title | TREASURER/CFO | PersonTitleTxt |
| Phone | 4349243466 | PhoneNum |
| Signature | 2025-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TRAVIS W SIMPSON | PreparerPersonNm |
| PTIN | P00481332 | PTIN |
| Phone | 4342962156 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JENNIE A JAMES | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 580 MASSIE ROAD | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 229031738 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $141,790,892 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.VIRGINIA.EDU/FOUNDATIONS/INDEX.HTML | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1968 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | THE PRIMARY PURPOSE IS TO RECEIVE, MANAGE AND EXPEND FUNDS TO BENEFIT THE UVA LAW SCHOOL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 21 | VotingMembersIndependentCnt |
| Total Employee | 32 | TotalEmployeeCnt |
| Total Volunteers | 1177 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $24,524,659 | PYContributionsGrantsAmt |
| CY Contributions Grants | $20,852,792 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $86,123 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $337,847 | CYProgramServiceRevenueAmt |
| PY Investment Income | $26,505,354 | PYInvestmentIncomeAmt |
| CY Investment Income | $30,909,211 | CYInvestmentIncomeAmt |
| PY Other Revenue | $10,256 | PYOtherRevenueAmt |
| CY Other Revenue | $8,189 | CYOtherRevenueAmt |
| PY Total Revenue | $51,126,392 | PYTotalRevenueAmt |
| CY Total Revenue | $52,108,039 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $28,333,346 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $33,404,873 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,053,104 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,676,701 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,181,027 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,211,594 | PYOtherExpensesAmt |
| CY Other Expenses | $5,232,630 | CYOtherExpensesAmt |
| PY Total Expenses | $37,598,044 | PYTotalExpensesAmt |
| CY Total Expenses | $44,314,204 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $13,528,348 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $7,793,835 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $740,141,091 | TotalAssetsBOYAmt |
| Total Assets EOY | $772,404,038 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $446,716 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $330,400 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $739,694,375 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $772,073,638 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE UNIVERSITY OF VIRGINIA LAW SCHOOL FOUNDATION'S PRIMARY PURPOSE IS TO RECEIVE, MANAGE AND EXPEND FUNDS FOR THE BENEFIT OF THE UNIVERSITY OF VIRGINIA SCHOOL OF LAW. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $35,493,560 | ExpenseAmt |
| Grant | $33,404,873 | GrantAmt |
| Revenue | $337,847 | RevenueAmt |
| Desc | EXPENDITURES MADE BY THE FOUNDATION ARE STRATEGICALLY DIRECTED TO AREAS THAT SUPPORT THE CONTINUED GROWTH AND EXCELLENCE OF THE UNIVERSITY OF VIRGINIA'S SCHOOL OF LAW. THESE EXPENDITURES INCLUDE FUNDING FOR PROFESSORSHIPS AND FACULTY RESEARCH, WHICH ENABLE THE LAW SCHOOL TO ATTRACT, SUPPORT, AND RETAIN WORLD-CLASS SCHOLARS AND TEACHERS WHO ARE ESSENTIAL TO THE SCHOOL'S MISSION AND REPUTATION. THE FOUNDATION ALSO PRIORITIZES FUNDING FOR STUDENT AID, INCLUDING SCHOLARSHIPS AND LOAN FORGIVENESS. THIS STUDENT AID FUNDING IS CRUCIAL TO THE UVA SCHOOL OF LAW'S ABILITY TO ATTRACT TALENTED AND DIVERSE STUDENTS, REMOVE FINANCIAL BARRIERS TO ENTERING THE LEGAL PROFESSION, AND SUPPORT CAREERS IN PUBLIC SERVICE, ENSURING A TOP-QUALITY EDUCATION REMAINS ACCESSIBLE TO ALL. CONTINUED ON SCHEDULE O. THE FOUNDATION ALSO SUPPORTS VARIOUS FUNDING FOR ENRICHING ACADEMIC RESOURCES, SUCH AS STUDENT-RUN JOURNALS, AND SUPPORT FOR VARIOUS EXTRACURRICULAR ACTIVITIES THAT ENHANCE LEADERSHIP SKILLS. OTHER ESSENTIAL FUNDING INCLUDES SUPPORT OF THE GRADUATE PROGRAM, THE LAW LIBRARY, FACILITY ENHANCEMENTS, AND OTHER PROJECTS THAT ARE DEEMED TO BE IN THE BEST INTEREST OF THE UVA SCHOOL OF LAW AND WITHIN ITS CHARTER. THE FOUNDATION'S EFFORTS IN DEVELOPMENT AND FUNDRAISING ARE DESIGNED TO SUPPORT THESE VITAL INVESTMENTS AND ENSURE THAT DONOR CONTRIBUTIONS CREATE A MEANINGFUL AND LASTING IMPACT FOR STUDENTS, FACULTY, AND THE BROADER UNIVERSITY OF VIRGINIA COMMUNITY. | Desc |
| Total Program Service Expenses | $35,493,560 | 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 | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | 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 | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | 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 | Yes (1) | 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 | 92 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 32 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CJ | ForeignCountryCd |
| Foreign Country | VI | ForeignCountryCd |
| 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 | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 21 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 21 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| 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 | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | 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 | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | 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 |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE UVA LAW SCHOOL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4349822339 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 580 MASSIE ROAD | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 229031738 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| LUIS ALVAREZ JR | ||||||||
| PRESIDENT & CEO | 40.00 | 1.00 | Yes (X) | $1,064,018 | $0 | $65,173 | ||
| HELEN M SNYDER | ||||||||
| COO & DIRECTOR OF ANNUAL GIVING | 40.00 | Yes (X) | $383,737 | $0 | $54,247 | |||
| JASON TRUJILLO -EXECUTIVE VP | ||||||||
| & CHIEF DEVELOPMENT OFFICER | 40.00 | Yes (X) | $329,082 | $0 | $58,596 | |||
| JENNIE A JAMES | ||||||||
| CFO | 40.00 | Yes (X) | $260,633 | $0 | $56,597 | |||
| JENNIFER SULZBERGER | ||||||||
| DIRECTOR OF REUNION GIVING | 40.00 | $196,416 | $0 | $45,880 | Yes (X) | |||
| JOSEPH RYAN | ||||||||
| SENIOR DEVELOPMENT OFFICER | 40.00 | $162,676 | $0 | $44,662 | Yes (X) | |||
| ZOLTAN POVAZSAY | ||||||||
| SENIOR DEVELOPMENT OFFICER | 40.00 | $141,977 | $0 | $19,868 | Yes (X) | |||
| KATHRYN BOASE | ||||||||
| SENIOR ENGAGEMENT OFFICER | 40.00 | $141,266 | $0 | $38,472 | Yes (X) | |||
| LISA BUGG | ||||||||
| DIRECTOR OF INFORMATION SYSTEMS | 40.00 | $120,422 | $0 | $35,762 | Yes (X) | |||
| J WARREN GORRELL JR | ||||||||
| CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| J GOODWIN BLAND | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| SARAH ROBINSON BORDERS | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| CARLOS MONTREAL BROWN | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| DAVID C BURKE | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| ANTHONY P DELLA PIETRA JR | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| THOMAS R DENISON | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| DOUGLAS E ECKERT | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| SHARON S GOODWYN | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| CATHERINE MURPHY KEATING | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| CATHERINE A LAWTON | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| THEODORE A MATHAS | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| MICHAEL S MILLER | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| JANET SCHWITZER NOLAN | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| SHARON M OWLETT | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| TIM R PALMER | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| CECIL D QUILLEN III | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| CHRISTOPHER D RAY | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| ARTHUR DAVID ROBINSON | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| ASHANTE L SMITH | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| DASHA SMITH | ||||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,800,227 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $419,257 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | 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 |
|---|---|---|---|---|---|
| UVA INVESTMENT MGMT CO | |||||
| PO BOX 400215 | CHARLOTTESVILLE | VA | 229044215 | INVESTMENT MANAGEMNT | $1,264,785 |
| JP MORGAN CHASE BANK | |||||
| 875 15TH ST NW 10TH FLOOR | WASHINGTON | DC | 20005 | INVESTMENT MANAGEMNT | $330,866 |
| KIMPTON THE FORUM HOTEL | |||||
| 540 MASSIE ROAD | CHARLOTTESVILLE | VA | 22903 | CONFERENCE SERVICES | $318,045 |
| PEG GLOBAL PRIVATE EQUITY IX OFFSHORE SP | |||||
| C/O JP MORGAN 320 PARK AVENUE 15TH | NEW YORK | NY | 10022 | INVESTMENT MANAGEMNT | $251,896 |
| THE CATERING OUTFIT | |||||
| 221 CARLTON ROAD 8 | CHARLOTTESVILLE | VA | 22902 | CATERING SERVICES | $245,344 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $20,852,792 | AllOtherContributionsAmt |
| Noncash Contributions | $4,106,129 | NoncashContributionsAmt |
| Total Contributions | $20,852,792 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| OTHER AUXILARY REVENUE | 611710 | $278,901 | $278,901 |
| STUDENT ACTIVITIES | 611710 | $58,946 | $58,946 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $337,847 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,740,275 | TotalRevenueColumnAmt |
| Exclusion | $3,740,275 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $8,189 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $8,189 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,189 | TotalRevenueColumnAmt |
| Exclusion | $8,189 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $116,738,115 | SecuritiesAmt |
| Other | $113,674 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $89,566,057 | SecuritiesAmt |
| Other | $116,796 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $27,172,058 | SecuritiesAmt |
| Other | -$3,122 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $27,168,936 | TotalRevenueColumnAmt |
| Exclusion | $27,168,936 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $52,108,039 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $337,847 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $30,917,400 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,845,543 | TotalAmt |
| Program Services | $31,845,543 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,559,330 | TotalAmt |
| Program Services | $1,559,330 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,131,925 | TotalAmt |
| Program Services | $23,142 | ProgramServicesAmt |
| Management And General | $1,023,532 | ManagementAndGeneralAmt |
| Fundraising | $1,085,251 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,582,417 | TotalAmt |
| Program Services | $416,921 | ProgramServicesAmt |
| Management And General | $443,808 | ManagementAndGeneralAmt |
| Fundraising | $1,721,688 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $360,541 | TotalAmt |
| Program Services | $46,520 | ProgramServicesAmt |
| Management And General | $70,815 | ManagementAndGeneralAmt |
| Fundraising | $243,206 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $338,841 | TotalAmt |
| Program Services | $70,966 | ProgramServicesAmt |
| Management And General | $60,532 | ManagementAndGeneralAmt |
| Fundraising | $207,343 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,977 | TotalAmt |
| Program Services | $31,127 | ProgramServicesAmt |
| Management And General | $69,839 | ManagementAndGeneralAmt |
| Fundraising | $162,011 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,427 | TotalAmt |
| Management And General | $30,780 | ManagementAndGeneralAmt |
| Fundraising | $6,647 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,173 | TotalAmt |
| Management And General | $84,173 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,448,050 | TotalAmt |
| Management And General | $2,448,050 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,905 | TotalAmt |
| Program Services | $920 | ProgramServicesAmt |
| Management And General | $2,468 | ManagementAndGeneralAmt |
| Fundraising | $4,517 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202,663 | TotalAmt |
| Program Services | $17,933 | ProgramServicesAmt |
| Management And General | $45,535 | ManagementAndGeneralAmt |
| Fundraising | $139,195 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202,127 | TotalAmt |
| Program Services | $14,582 | ProgramServicesAmt |
| Management And General | $75,934 | ManagementAndGeneralAmt |
| Fundraising | $111,611 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $282,693 | TotalAmt |
| Program Services | $25,838 | ProgramServicesAmt |
| Management And General | $2,825 | ManagementAndGeneralAmt |
| Fundraising | $254,030 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,613,684 | TotalAmt |
| Program Services | $1,428,594 | ProgramServicesAmt |
| Management And General | $99,038 | ManagementAndGeneralAmt |
| Fundraising | $86,052 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,834 | TotalAmt |
| Program Services | $21 | ProgramServicesAmt |
| Management And General | $10,169 | ManagementAndGeneralAmt |
| Fundraising | $17,644 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,872 | TotalAmt |
| Management And General | $68,424 | ManagementAndGeneralAmt |
| Fundraising | $1,448 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PUBLICATIONS | $245,652 | $12,123 | $93,145 | $140,384 |
| DUES & SUBSCRIPTIONS | $6,133 | $6,133 | ||
| FEES & LICENSES | $4,417 | $4,417 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,314,204 | TotalAmt |
| Program Services | $35,493,560 | ProgramServicesAmt |
| Management And General | $4,639,617 | ManagementAndGeneralAmt |
| Fundraising | $4,181,027 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,000 | BOYAmt |
| EOY | $245,139 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,098,979 | BOYAmt |
| EOY | $14,293,035 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,481,565 | BOYAmt |
| EOY | $6,894,356 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,887 | BOYAmt |
| EOY | $204,670 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,227 | BOYAmt |
| EOY | $216,540 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,537,428 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $615,651 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $783,198 | BOYAmt |
| EOY | $921,777 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,093,020 | BOYAmt |
| EOY | $72,912,442 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $582,954,248 | BOYAmt |
| EOY | $638,765,918 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,533,967 | BOYAmt |
| EOY | $37,950,161 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $740,141,091 | BOYAmt |
| EOY | $772,404,038 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $446,716 | BOYAmt |
| EOY | $330,400 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $446,716 | BOYAmt |
| EOY | $330,400 | 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 | $98,539,657 | BOYAmt |
| EOY | $98,108,659 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $641,154,718 | BOYAmt |
| EOY | $673,964,979 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $739,694,375 | BOYAmt |
| EOY | $772,073,638 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $740,141,091 | BOYAmt |
| EOY | $772,404,038 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $7,793,835 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $26,586,799 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$2,001,371 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $19,278,098 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,339,086 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,087,571 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $24,524,659 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,852,792 | CurrentTaxYearAmt |
| Total | $97,082,206 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $114,954 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $114,885 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $241,971 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $229,537 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $235,375 | CurrentTaxYearAmt |
| Total | $936,722 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $19,393,052 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,453,971 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,329,542 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $24,754,196 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,088,167 | CurrentTaxYearAmt |
| Total | $98,018,928 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $14,984,473 | SubstantialContributorsTotAmt |
| Public Support Total170 | $83,034,455 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $372,300 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,386,177 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,356,667 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,826,832 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,748,464 | CurrentTaxYearAmt |
| Total | $12,690,440 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $110,709,368 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $654,376 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.75000 | PublicSupportCY170Pct |
| Public Support PY170 | 0.76240 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $677,633,227 | BeginningYearBalanceAmt |
| Contributions | $11,450,989 | ContributionsAmt |
| Investment Earnings Or Losses | $54,214,653 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $29,061,057 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $2,448,050 | AdministrativeExpensesAmt |
| End Year Balance | $711,789,762 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $673,845,413 | BeginningYearBalanceAmt |
| Contributions | $16,698,076 | ContributionsAmt |
| Investment Earnings Or Losses | $18,471,291 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $28,433,413 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,043,904 | OtherExpendituresAmt |
| Administrative Expenses | $1,904,236 | AdministrativeExpensesAmt |
| End Year Balance | $677,633,227 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $731,474,084 | BeginningYearBalanceAmt |
| Contributions | $9,052,163 | ContributionsAmt |
| Investment Earnings Or Losses | -$40,097,020 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $20,433,675 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,423,522 | OtherExpendituresAmt |
| Administrative Expenses | $726,617 | AdministrativeExpensesAmt |
| End Year Balance | $673,845,413 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $513,562,992 | BeginningYearBalanceAmt |
| Contributions | $17,982,603 | ContributionsAmt |
| Investment Earnings Or Losses | $225,278,378 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $20,272,510 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,386,785 | OtherExpendituresAmt |
| Administrative Expenses | $1,690,594 | AdministrativeExpensesAmt |
| End Year Balance | $731,474,084 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $502,377,080 | BeginningYearBalanceAmt |
| Contributions | $19,698,045 | ContributionsAmt |
| Investment Earnings Or Losses | $18,904,610 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $24,792,843 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $2,623,900 | AdministrativeExpensesAmt |
| End Year Balance | $513,562,992 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.12960 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.28650 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.58390 | 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 | $152,259 | OtherCostOrOtherBasisAmt |
| Book Value | $152,259 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $957,540 | OtherCostOrOtherBasisAmt |
| Depreciation | $380,564 | DepreciationAmt |
| Book Value | $576,976 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $106,489 | OtherCostOrOtherBasisAmt |
| Depreciation | $28,592 | DepreciationAmt |
| Book Value | $77,897 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $321,140 | OtherCostOrOtherBasisAmt |
| Depreciation | $206,495 | DepreciationAmt |
| Book Value | $114,645 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $921,777 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALTERNATIVE INVESTMENT FUNDS | Desc |
| Book Value | $638,765,918 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $638,765,918 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $74,480,792 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $26,586,799 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $235,375 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$2,001,371 | OtherRevenueAmt |
| Revenue Not Reported | $24,820,803 | RevenueNotReportedAmt |
| Revenue Subtotal | $49,659,989 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $2,448,050 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $2,448,050 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $52,108,039 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $42,101,529 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $235,375 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $235,375 | ExpensesNotReportedAmt |
| Expenses Subtotal | $41,866,154 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $2,448,050 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $2,448,050 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $44,314,204 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 565 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS ESTABLISHED FOR ACADEMIC SCHOLARSHIPS AND OPERATIONAL USES AS WELL AS FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. |
| PART X, LINE 2: | THE FOUNDATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH GUIDANCE ESTABLISHED BY THE FASB AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX PROVISIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE FOUNDATION. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SPLIT INTEREST AGREEMENTS RECEIVABLE VALUE CHANGE -1,997,839. CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES VALUE CHANGE -3,532. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | N/A | $39,023,701 |
| EUROPE | 0 | 0 | FUNDRAISING EVENT | ALUMNI EVENT - FUNDRAISING | $14,454 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | 0 | 0 | PROGRAM | COMMUNITY SERVICE (BLSA) | $40,601 |
| EUROPE | 0 | 0 | PROGRAM | INTERNATIONAL STUDENT TRIP - PROGRAM | $5,426 |
| EUROPE | 0 | 0 | INVESTMENTS | N/A | $1,998,263 |
| 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 | $41,082,445 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $41,082,445 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | THE FOUNDATION DOES NOT MAINTAIN DISCRETIONARY POWER OVER THE DISTRIBUTION OF THE FELLOWSHIPS. THE UNIVERSITY OF VIRGINIA SCHOOL OF LAW COORDINATES THE AWARD SELECTION COMMITTEES, DEFINES FELLOWSHIP ELIGIBILITY, AND ADMINISTERS THE APPLICATION AND AWARD PROCESSES. |
| PART I, LINE 3: | THE UNIVERSITY OF VIRGINIA LAW SCHOOL FOUNDATION KEEPS ITS BOOKS ON THE ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION REPORTED ON SCHEDULE F IS ALSO REPORTED ON THE ACCRUAL BASIS OF ACCOUNTING. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| UNIVERSITY OF VIRGINIA LAW SCHOOL | ||||||||
| 580 MASSIE ROAD | CHARLOTTESVILLE | VA | 229031738 | 546001796 | 501(C)(3) | $6,417,422 | $0 | FINANCIAL AID |
| UNIVERSITY OF VIRGINIA LAW SCHOOL | ||||||||
| 580 MASSIE ROAD | CHARLOTTESVILLE | VA | 229031738 | 546001796 | 501(C)(3) | $23,678,661 | $0 | TEACHING AND RESEARCH |
| UNIVERSITY OF VIRGINIA LAW SCHOOL | ||||||||
| 580 MASSIE ROAD | CHARLOTTESVILLE | VA | 229031738 | 546001796 | 501(C)(3) | $156,602 | $0 | LAW GROUNDS |
| UNIVERSITY OF VIRGINIA LAW SCHOOL | ||||||||
| 580 MASSIE ROAD | CHARLOTTESVILLE | VA | 229031738 | 546001796 | 501(C)(3) | $726,851 | $0 | ADMINISTRATION |
| UNIVERSITY OF VIRGINIA LAW SCHOOL | ||||||||
| 580 MASSIE ROAD | CHARLOTTESVILLE | VA | 229031738 | 546001796 | 501(C)(3) | $667,782 | $0 | STUDENT ACTIVITIES |
| UNIVERSITY OF VIRGINIA LAW SCHOOL | ||||||||
| 580 MASSIE ROAD | CHARLOTTESVILLE | VA | 229031738 | 546001796 | 501(C)(3) | $165,585 | $0 | RESIDENTIAL REAL ESTATE PROGRAM |
| UNIVERSITY OF VIRGINIA LAW SCHOOL | ||||||||
| 580 MASSIE ROAD | CHARLOTTESVILLE | VA | 229031738 | 546001796 | 501(C)(3) | $32,640 | $0 | PUBLICATIONS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| STUDENT FELLOWSHIPS | 165 | $1,056,519 |
| ALUMNI FELLOWSHIPS | 7 | $374,400 |
| STUDENT LOAN FORGIVENESS | 39 | $128,411 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY OF VIRGINIA LAW SCHOOL FOUNDATION PROVIDES GRANTS TO AND ON THE BEHALF OF THE UNIVERSITY OF VIRGINIA SCHOOL OF LAW BASED ON DONORS' INTENTIONS AND/OR PER THE REQUEST OF THE DEAN. ALL DONOR RESTRICTIONS ARE FORWARDED TO THE LAW SCHOOL. ALL FUNDING REQUESTS ARE PROCESSED AND MAINTAINED IN THE TREASURER'S OFFICE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LUIS ALVAREZ JR | ||||||||||||||
| PRESIDENT & CEO | $601,250 | $0 | $153,773 | $0 | $308,995 | $0 | $41,250 | $0 | $23,923 | $0 | $1,129,191 | $0 | $0 | $0 |
| HELEN M SNYDER | ||||||||||||||
| COO & DIRECTOR OF ANNUAL GIVING | $317,420 | $0 | $53,670 | $0 | $12,647 | $0 | $32,940 | $0 | $21,307 | $0 | $437,984 | $0 | $0 | $0 |
| JASON TRUJILLO -EXECUTIVE VP | ||||||||||||||
| & CHIEF DEVELOPMENT OFFICER | $283,036 | $0 | $38,728 | $0 | $7,318 | $0 | $34,673 | $0 | $23,923 | $0 | $387,678 | $0 | $0 | $0 |
| JENNIE A JAMES | ||||||||||||||
| CFO | $225,729 | $0 | $33,718 | $0 | $1,186 | $0 | $32,965 | $0 | $23,632 | $0 | $317,230 | $0 | $0 | $0 |
| JENNIFER SULZBERGER | ||||||||||||||
| DIRECTOR OF REUNION GIVING | $175,545 | $0 | $18,637 | $0 | $2,234 | $0 | $24,892 | $0 | $20,988 | $0 | $242,296 | $0 | $0 | $0 |
| JOSEPH RYAN | ||||||||||||||
| SENIOR DEVELOPMENT OFFICER | $146,211 | $0 | $16,146 | $0 | $319 | $0 | $21,237 | $0 | $23,425 | $0 | $207,338 | $0 | $0 | $0 |
| ZOLTAN POVAZSAY | ||||||||||||||
| SENIOR DEVELOPMENT OFFICER | $131,084 | $0 | $10,655 | $0 | $238 | $0 | $17,582 | $0 | $2,286 | $0 | $161,845 | $0 | $0 | $0 |
| KATHRYN BOASE | ||||||||||||||
| SENIOR ENGAGEMENT OFFICER | $125,891 | $0 | $13,673 | $0 | $1,702 | $0 | $17,803 | $0 | $20,669 | $0 | $179,738 | $0 | $0 | $0 |
| LISA BUGG | ||||||||||||||
| DIRECTOR OF INFORMATION SYSTEMS | $111,432 | $0 | $7,691 | $0 | $1,299 | $0 | $15,180 | $0 | $20,582 | $0 | $156,184 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE FOUNDATION PROVIDES A FULL GYM MEMBERSHIP FEE SUBSIDY FOR MEMBERSHIP AT THE UNIVERSITY OF VIRGINIA INTRAMURAL-RECREATION SPORTS CENTER WHICH ALLOWS HOLDERS TO USE CERTAIN UNIVERSITY HEALTH AND FITNESS FACILITIES. |
| PART I, LINE 4B | LINE 4B, LUIS ALVAREZ JR. = $249,119 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 111 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,989,333 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | CRYPTOCURRENCY | Desc |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $116,796 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED DURING THE CURRENT YEAR. |
| PART I, LINE 32B: | THE FOUNDATION USES SEVERAL BROKERAGE HOUSES TO SELL PUBLICLY TRADED SECURITIES CONTRIBUTED DURING THE YEAR. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | A COMPLETED IRS FORM 990 IS SUBMITTED TO THE AUDIT CHAIR FOR REVIEW AND APPROVAL BEFORE FILING. ONCE APPROVED BY THE AUDIT CHAIR, THE FORM IS TO BE MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES FOR REVIEW, QUESTIONS, AND/OR COMMENTS. ALL QUESTIONS AND CONCERNS SHOULD BE SUBMITTED TO THE TREASURER. THE TREASURER WILL BE RESPONSIBLE FOR ADDRESSING ALL QUESTIONS AND/OR COMMENTS, AND FOR MAKING ADJUSTMENTS, WHEN NECESSARY, TO THE FORM BEFORE FILING. ONCE ALL QUESTIONS AND/OR COMMENTS RELATED TO IRS FORM 990 HAVE BEEN ADDRESSED, THE FORM IS FILED IN ACCORDANCE WITH IRS FILING REQUIREMENTS. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH TRUSTEE, OFFICER, AND EMPLOYEE OF THE FOUNDATION SHALL PROVIDE ANNUALLY A WRITTEN CERTIFICATION THAT HE OR SHE HAS READ THE POLICY, HAS COMPLIED WITH ITS PROVISIONS (EXCEPT AS MAY BE NOTED ON THE CERTIFICATION), AND WILL COMPLY WITH IT IN THE FUTURE. SIGNED COPIES OF THIS CERTIFICATION ARE KEPT IN THE RECORDS OF THE FOUNDATION. IF AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST EXISTS, THIS CONFLICT WILL BE PRESENTED TO THE BOARD OF TRUSTEES FOR DISCUSSION. THE CHAIR OF THE FOUNDATION SHALL APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE CONFLICT. IF AN ALTERNATIVE TRANSACTION OR ARRANGEMENT IS NOT POSSIBLE WITHOUT SIGNIFICANT ADDITIONAL EXPENSE OR OTHER BURDENSOME REQUIREMENTS, THE BOARD OF TRUSTEES SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE FOUNDATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, THE BOARD OF TRUSTEES SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE BOARD OF TRUSTEES HAS REASONABLE CAUSE TO BELIEVE A TRUSTEE, OFFICER OR EMPLOYEE HAS FAILED TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY OR CORRECTIVE ACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF TRUSTEES IS RESPONSIBLE FOR ESTABLISHING A COMPENSATION COMMITTEE THAT HAS GENERAL OVERSIGHT OF THE FOUNDATION'S EXECUTIVE AND STAFF COMPENSATION. SPECIFIC DUTIES INCLUDE YEARLY EVALUATION OF THE CHIEF EXECUTIVE OFFICER (CEO) OF THE FOUNDATION AND TO CONSIDER COMPENSATION RECOMMENDATIONS PROVIDED BY THE CEO. A COMPETENT SALARY SURVEY WILL BE USED TO BENCHMARK COMPENSATION UTILIZING REGIONAL INDUSTRY SURVEYS AND OTHER STUDIES. A DISCUSSION WILL BE HELD CONCERNING COMPENSATION RELATIVE TO ANNUAL BENCHMARK AND ESTABLISHED OBJECTIVES. THE COMMITTEE MEETS IN EXECUTIVE SESSION WITHOUT THE CEO PRESENT, AND AFTER CONSIDERATION OF ALL RELEVANT INFORMATION MAKES A DECISION REGARDING COMPENSATION. THE COMPENSATION COMMITTEE THEN MEETS WITH THE CEO TO DISCUSS AND DOCUMENT COMPENSATION FOR THE UPCOMING YEAR. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE FOUNDATION'S FORM 1023 AND FORM 990 ARE AVAILABLE FOR PUBLIC INSPECTION BOTH AT THE FOUNDATION'S OFFICE AND THROUGH THE UNIVERSITY OF VIRGINIA'S OFFICE OF PUBLIC RELATIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS MAY BE DISTRIBUTED TO THE GENERAL PUBLIC UPON REQUEST. HOWEVER, ALL REQUESTS ARE SUBJECT TO APPROVAL BY THE CFO/TREASURER OF THE FOUNDATION AFTER CONSIDERATION OF THE INTENDED USE OF THE DOCUMENTS. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUATION OF SPLIT INTEREST AGREEMENTS RECEIVABLE -1,997,839. CHANGE IN VALUATION OF CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES -3,532. |
| FORM 990, PART XI, LINE 12C: | THE FOUNDATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOLLINGWOOD PROPERTIES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 580 MASSIE ROAD | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22903 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | FACULTY HOUSING | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Total Income | $8,189 | TotalIncomeAmt |
| End Of Year Assets | $751,022 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UVA LAW SCHOOL FOUNDATION | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF VIRGINIA LAW SCHOOL ALUMNI ASSOCIATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 580 MASSIE ROAD | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 229031738 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521577660 | EIN |
| Primary Activities | ALUMNI RELATIONS | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 9 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER TRUSTS (64) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | INVESTMENTS | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UVA LAW SCHOOL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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