RICHARD BLAND COLLEGE FOUNDATION INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
RICHARD BLAND COLLEGE FOUNDATION INC (EIN 51-0227721)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-03-30
IRS object ID
202300899349301550
Schema version
2021v4.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-03-30T14:42:35-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN540504608PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BROWN EDWARDS & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14951 LAKE BROOK DRIVE SUITE 375AddressLine1Txt
CityGLEN ALLENCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23060ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN510227721EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RICHARD BLAND COLLEGE FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRICHBusinessNameControlTxt
Phone8048626200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111301 JOHNSON ROADAddressLine1Txt
CityPETERSBURGCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23805ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMELISSA MAHONEY MACC ABA CEAPersonNm
Person TitleASSISTANT CONTROLLERPersonTitleTxt
Phone8048626200PhoneNum
Signature2022-11-28SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMELISSAPersonFirstNm
Person LastMAHONEY MACC ABA CEAPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRAD L BAILEYPreparerPersonNm
PTINP00434516PTIN
Phone8042826000PhoneNum
Preparation2022-11-28PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMELISSA MAHONEY MACC ABPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line111301 JOHNSON ROADAddressLine1Txt
CityPETERSBURGCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23805ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,997,340GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.RBC.EDU/ALUMNI-FRIENDS/FOUNDATIONWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1978FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionTO AID, STRENGTHEN, AND EXTEND IN EVERY PROPER AND USEFUL MANNER THE WORK, SERVICE, AND OBJECTIVES OF RICHARD BLAND COLLEGE.ActivityOrMissionDesc
Voting Members Governing Body24VotingMembersGoverningBodyCnt
Voting Members Independent24VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$506,151TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$139,563PYContributionsGrantsAmt
CY Contributions Grants$302,306CYContributionsGrantsAmt
PY Program Service Revenue$507,001PYProgramServiceRevenueAmt
CY Program Service Revenue$506,151CYProgramServiceRevenueAmt
PY Investment Income$214,191PYInvestmentIncomeAmt
CY Investment Income$933,934CYInvestmentIncomeAmt
PY Other Revenue$221,416PYOtherRevenueAmt
CY Other Revenue$232,561CYOtherRevenueAmt
PY Total Revenue$1,082,171PYTotalRevenueAmt
CY Total Revenue$1,974,952CYTotalRevenueAmt
PY Grants And Similar Paid$184,010PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$200,900CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$29,811CYTotalFundraisingExpenseAmt
PY Other Expenses$820,026PYOtherExpensesAmt
CY Other Expenses$978,812CYOtherExpensesAmt
PY Total Expenses$1,004,036PYTotalExpensesAmt
CY Total Expenses$1,179,712CYTotalExpensesAmt
PY Revenues Less Expenses$78,135PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$795,240CYRevenuesLessExpensesAmt
Total Assets BOY$28,331,533TotalAssetsBOYAmt
Total Assets EOY$26,417,298TotalAssetsEOYAmt
Total Liabilities BOY$19,986,569TotalLiabilitiesBOYAmt
Total Liabilities EOY$19,176,911TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,344,964NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,240,387NetAssetsOrFundBalancesEOYAmt
MissionTO AID, STRENGTHEN, AND EXTEND IN EVERY PROPER AND USEFUL MANNER THE WORK, SERVICE, AND OBJECTIVES OF RICHARD BLAND COLLEGE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$164,234ExpenseAmt
Grant$164,234GrantAmt
DescSCHOLARSHIPS AND FINANCIAL AID FOR STUDENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$958,728ExpenseAmt
Grant$36,666GrantAmt
DescDISTRIBUTIONS TO AND IN SUPPORT OF RICHARD BLAND COLLEGE.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,122,962TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members24GoverningBodyVotingMembersCnt
Independent Voting Member24IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MELISSA MAHONEY MACC ABA CEABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8048626100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111301 JOHNSON ROADAddressLine1Txt
CityPETERSBURGCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23805ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CHARLES A PATTON
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
WILLIAM H TALLEY IV
IMMEDIATE PAST CHAIR1.00Yes (X)Yes (X)$0$0$0
JAMES K BEAZLEY III
VICE-CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
J NELSON WILKINSON
LEGAL COUNSEL1.00Yes (X)Yes (X)$0$0$0
REBECCA E DOVI
DIRECTOR1.00Yes (X)$0$0$0
KELLY T GEE
SECRETARY1.00Yes (X)Yes (X)$0$0$0
VANESSA COURTOIS HAMPTON
DIRECTOR1.00Yes (X)$0$0$0
DANIELLE MW FITZ-HUGH
DIRECTOR1.00Yes (X)$0$0$0
MARIA V HUMPHREYS
DIRECTOR1.00Yes (X)$0$0$0
STEPHEN M KING
DIRECTOR1.00Yes (X)$0$0$0
MCINTYRE R LOUTAN III
DIRECTOR1.00Yes (X)$0$0$0
FELICITY V MORRIS
TREASURER1.00Yes (X)Yes (X)$0$0$0
DEBBIE L SYDOW
PRESIDENT OF COLLEGE1.00Yes (X)Yes (X)$0$0$0
MARK H STEVENS
DIRECTOR1.00Yes (X)$0$0$0
JERRY F TATUM
DIRECTOR1.00Yes (X)$0$0$0
LINDSEY VINCENT
DIRECTOR1.00Yes (X)$0$0$0
JEFFREY M BRITT
DIRECTOR1.00Yes (X)$0$0$0
CHANA AMARO
DIRECTOR1.00Yes (X)$0$0$0
BARRETT CHAPPELL
DIRECTOR1.00Yes (X)$0$0$0
TONI CLARK
DIRECTOR1.00Yes (X)$0$0$0
WILL CLEMENTS
DIRECTOR1.00Yes (X)$0$0$0
MARTIN JOHNSON
DIRECTOR1.00Yes (X)$0$0$0
BRENDA HICKS
DIRECTOR1.00Yes (X)$0$0$0
ERIKA JONES-HASKINS
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$302,306AllOtherContributionsAmt
Total Contributions$302,306TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescDIRECT FINANCING LEASEDesc
Business525990BusinessCd
Total Revenue Column$506,151TotalRevenueColumnAmt
Unrelated Business Revenue$506,151UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$506,151TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$933,934TotalRevenueColumnAmt
Exclusion$933,934ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$28,622FundraisingGrossIncomeAmt
Fundraising Direct Expenses$22,388FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,234TotalRevenueColumnAmt
Exclusion$6,234ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MANAGEMENT FEE INCOME541610$200,000$200,000
OTHER INCOME900099$26,327$26,327
FieldValueIRS element (for citing)
Other Revenue Total$226,327OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,974,952TotalRevenueColumnAmt
Related Or Exempt Func Income$226,327RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$506,151UnrelatedBusinessRevenueAmt
Exclusion$940,168ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$36,666TotalAmt
Program Services$36,666ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$164,234TotalAmt
Program Services$164,234ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$23,145TotalAmt
Program Services$23,145ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$24,760TotalAmt
Program Services$24,760ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$62,402TotalAmt
Program Services$62,402ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$26,939TotalAmt
Management And General$26,939ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$29,811TotalAmt
Fundraising$29,811FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$506,151TotalAmt
Program Services$506,151ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,571TotalAmt
Program Services$2,571ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,402TotalAmt
Program Services$3,402ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
PAYROLL EXPENSE$172,430$172,430
CONTRACT SERVICES$62,000$62,000
ATHLETICS EXPENSE$36,571$36,571
OTHER DISCRETIONARY COS$12,885$12,885

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$15,745TotalAmt
Program Services$15,745ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,179,712TotalAmt
Program Services$1,122,962ProgramServicesAmt
Management And General$26,939ManagementAndGeneralAmt
Fundraising$29,811FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$33,509BOYAmt
EOY$229,403EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$147,540BOYAmt
EOY$53,702EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,000BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$23,500LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$9,857LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$16,214BOYAmt
EOY$13,643EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$7,976,991BOYAmt
EOY$6,701,556EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$19,613,625BOYAmt
EOY$18,810,364EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$540,654BOYAmt
EOY$608,630EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$28,331,533BOYAmt
EOY$26,417,298EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$123,886BOYAmt
EOY$86,131EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$6,560EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,536,944BOYAmt
EOY$18,736,919EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$325,739BOYAmt
EOY$347,301EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,986,569BOYAmt
EOY$19,176,911EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$141,815BOYAmt
EOY-$91,575EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,486,779BOYAmt
EOY$7,331,962EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,344,964BOYAmt
EOY$7,240,387EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$28,331,533BOYAmt
EOY$26,417,298EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$795,240ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$2,072,247NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$172,430DonatedServicesAndUseFcltsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,617,783CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$316,230CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$238,015CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$174,301CurrentTaxYearMinus1YearAmt
Current Tax Year$221,749CurrentTaxYearAmt
Total$2,568,078TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$145,422CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$122,053CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$149,593CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$165,262CurrentTaxYearMinus1YearAmt
Current Tax Year$172,430CurrentTaxYearAmt
Total$754,760TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,763,205CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$438,283CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$387,608CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$339,563CurrentTaxYearMinus1YearAmt
Current Tax Year$394,179CurrentTaxYearAmt
Total$3,322,838TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$896,619SubstantialContributorsTotAmt
Public Support Total170$2,426,219PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$307,453CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$249,239CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$19,227CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$214,191CurrentTaxYearMinus1YearAmt
Current Tax Year$932,222CurrentTaxYearAmt
Total$1,722,332TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$87,715CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$99,320CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$43,246CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$17,262CurrentTaxYearMinus1YearAmt
Current Tax Year$26,327CurrentTaxYearAmt
Total$273,870TotalAmt
FieldValueIRS element (for citing)
Total Support$5,319,040TotalSupportAmt
Public Support CY1700.45610PublicSupportCY170Pct
Public Support PY1700.51480PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER INCOME CONSISTS OF ATHLETICS PROGRAM INCOME AND FACILITIES RENTAL FEESExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets Sale0SolicitedAssetsSaleInd
Agent Trustee Etc0AgentTrusteeEtcInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$8,283,233BeginningYearBalanceAmt
Contributions$25,640ContributionsAmt
Investment Earnings Or Losses-$1,164,785InvestmentEarningsOrLossesAmt
Other Expenditures$175,293OtherExpendituresAmt
End Year Balance$6,968,795EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,618,877BeginningYearBalanceAmt
Contributions$33,370ContributionsAmt
Investment Earnings Or Losses$1,777,310InvestmentEarningsOrLossesAmt
Other Expenditures$146,324OtherExpendituresAmt
End Year Balance$8,283,233EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,583,737BeginningYearBalanceAmt
Contributions$43,405ContributionsAmt
Investment Earnings Or Losses$175,386InvestmentEarningsOrLossesAmt
Other Expenditures$183,651OtherExpendituresAmt
End Year Balance$6,618,877EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,396,118BeginningYearBalanceAmt
Contributions$90,995ContributionsAmt
Investment Earnings Or Losses$292,922InvestmentEarningsOrLossesAmt
Other Expenditures$196,298OtherExpendituresAmt
End Year Balance$6,583,737EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,057,592BeginningYearBalanceAmt
Contributions$1,141,901ContributionsAmt
Investment Earnings Or Losses$322,710InvestmentEarningsOrLossesAmt
Other Expenditures$126,085OtherExpendituresAmt
End Year Balance$6,396,118EndYearBalanceAmt
FieldValueIRS element (for citing)
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,500OtherCostOrOtherBasisAmt
Book Value$5,500BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$18,000OtherCostOrOtherBasisAmt
Depreciation$9,857DepreciationAmt
Book Value$8,143BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$13,643TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescINVESTMENT IN DIRECT FINANCING LEASEDesc
Book Value$18,810,364BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$18,810,364TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO OTHER FUNDSDesc
Amt$347,301Amt
FieldValueIRS element (for citing)
Total Liability$347,301TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$50,395TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$2,072,247NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$172,430DonatedServicesAndUseFcltsAmt
Revenue Not Reported-$1,899,817RevenueNotReportedAmt
Revenue Subtotal$1,950,212RevenueSubtotalAmt
Investment Expenses Not Incld$24,760InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$24,760RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,974,972TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,154,952TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,154,952ExpensesSubtotalAmt
Investment Expenses Not Incld2$24,760InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$24,760ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,179,712TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 4:COLLECTION OF ANTIQUE FURNITURE
PART V, LINE 4:ENDOWMENT FUNDS ARE HELD PERMANENTELY; THE INCOME FROM WHICH IS TO BE USED TO PROVIDE SCHOLARSHIPS TO STUDENTS OF RICHARD BLAND COLLEGE.
PART X, LINE 2:THE FOUNDATION HAS ADOPTED THE ACCOUNTING STANDARD REGARDING "ACCOUNTING FOR UNCERTAIN TAX POSITIONS". THIS ACCOUNTING STANDARD PROVIDES DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN THE FOUNDATION'S FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$8,513GrossReceiptsEvent1Amt
Gross Revenue Event1$8,513GrossRevenueEvent1Amt
Other Direct Expenses Event1$4,732OtherDirectExpensesEvent1Amt
Event2PECAN FESTIVALEvent2Nm
Gross Receipts Event2$20,109GrossReceiptsEvent2Amt
Gross Revenue Event2$20,109GrossRevenueEvent2Amt
Other Direct Expenses Event2$17,656OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Total$28,622GrossReceiptsTotalAmt
Gross Revenue Total Events$28,622GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$22,388OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$22,388DirectExpenseSummaryEventsAmt
Net Income Summary$6,234NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1RICHARD BLAND COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line111301 JOHNSON RDAddressLine1Txt
CityPETERSBURGCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23805ZIPCd
FieldValueIRS element (for citing)
Recipient EIN546026876RecipientEIN
Cash Grant$12,634CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantBUSINESS EXPENSES RELATED TO THE COLLEGEPurposeOfGrantTxt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFUNDS PAID TO RICHARD BLAND COLLEGE TO BE DISTRIBUTED TO STUDENTS OF THE COLLEGE IN THE FORM OF SCHOLARSHIPS IN ORDER TO FURTHER THEIR EDUCATIONAL STUDIES.GrantTypeTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
ISLE OF WIGHT COUNTY
A2006-12-01$10,000,000CONSTRUCTION OF STUDENT HOUSING FACILITIES000
SUSSEX COUNTY
B2006-12-01$10,000,000CONSTRUCTION OF STUDENT HOUSING FACILITIES000
DINWIDDIE COUNTY
C2006-12-01$3,000,000CONSTRUCTION OF STUDENT HOUSING FACILITIES000
PRINCE GEORGE COUNTY
D2006-12-01$4,000,000CONSTRUCTION OF STUDENT HOUSING FACILITIES000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$10,000,000$10,000,000200900Yes (1)Yes (1)
B$10,000,000$10,000,000200900Yes (1)Yes (1)
C$3,000,000$3,000,000200900Yes (1)Yes (1)
D$4,000,000$4,000,000200900Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A000000Yes (1)
B000000Yes (1)
C000000Yes (1)
D000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A00000000Yes (1)
B00000000Yes (1)
C00000000Yes (1)
D00000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
A0
B0
C0
D0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHERE IS A MEETING HELD BETWEEN THE AUDITORS AND THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 18THE ORGANIZATION'S AND ANOTHER WEBSITE AS METHODS FOR MAKING THE 990 AVAILABLE. THIS INFORMATION HAS ALWAYS BEEN AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19THIS INFORMATION IS AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1RICHARD BLAND COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line111301 JOHNSON ROADAddressLine1Txt
CityPETERSBURGCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23805ZIPCd
FieldValueIRS element (for citing)
EIN546026876EIN
Primary ActivitiesPUBLIC HIGHER EDUCATION INSTITUTIONPrimaryActivitiesTxt
Legal Domicile StateVALegalDomicileStateCd
Exempt Code Section115ExemptCodeSectionTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1BOARD OF VISITORS OF THE COLLEGE OF WILLIAM AND MARYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (6 entries)

Transaction TypeTransactionTypeTxt
RICHARD BLAND COLLEGE
E
RICHARD BLAND COLLEGE
J
RICHARD BLAND COLLEGE
B
RICHARD BLAND COLLEGE
O
RICHARD BLAND COLLEGE
Q
RICHARD BLAND COLLEGE
P

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