RICHARD BLAND COLLEGE FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
RICHARD BLAND COLLEGE FOUNDATION INC (EIN 51-0227721)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-01-15
IRS object ID
202540159349300749
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-01-15T10:38:48-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

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 Line1701 TOWN CENTER DRIVE SUITE 700AddressLine1Txt
CityNEWPORT NEWSCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23606ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

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
Signature2025-01-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLESLIE F ROBERTSPreparerPersonNm
PTINP00040492PTIN
Phone7578731033PhoneNum
Preparation2025-01-15PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

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$1,938,791GrossReceiptsAmt
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 Body25VotingMembersGoverningBodyCnt
Voting Members Independent25VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$201,526PYContributionsGrantsAmt
CY Contributions Grants$439,098CYContributionsGrantsAmt
PY Program Service Revenue$637,754PYProgramServiceRevenueAmt
CY Program Service Revenue$678,086CYProgramServiceRevenueAmt
PY Investment Income$400,838PYInvestmentIncomeAmt
CY Investment Income$453,942CYInvestmentIncomeAmt
PY Other Revenue$253,493PYOtherRevenueAmt
CY Other Revenue$325,413CYOtherRevenueAmt
PY Total Revenue$1,493,611PYTotalRevenueAmt
CY Total Revenue$1,896,539CYTotalRevenueAmt
PY Grants And Similar Paid$326,890PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$353,394CYGrantsAndSimilarPaidAmt
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$4,835CYTotalFundraisingExpenseAmt
PY Other Expenses$1,088,609PYOtherExpensesAmt
CY Other Expenses$1,163,669CYOtherExpensesAmt
PY Total Expenses$1,415,499PYTotalExpensesAmt
CY Total Expenses$1,517,063CYTotalExpensesAmt
PY Revenues Less Expenses$78,112PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$379,476CYRevenuesLessExpensesAmt
Total Assets BOY$26,003,607TotalAssetsBOYAmt
Total Assets EOY$25,655,103TotalAssetsEOYAmt
Total Liabilities BOY$18,413,988TotalLiabilitiesBOYAmt
Total Liabilities EOY$17,205,076TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,589,619NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,450,027NetAssetsOrFundBalancesEOYAmt
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$317,049ExpenseAmt
Grant$317,049GrantAmt
DescSCHOLARSHIPS AND FINANCIAL AID FOR STUDENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,054,300ExpenseAmt
Grant$36,345GrantAmt
Revenue$994,971RevenueAmt
DescDISTRIBUTIONS TO AND IN SUPPORT OF RICHARD BLAND COLLEGE.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,371,349TotalProgramServiceExpensesAmt
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 Stmt0ConsolidatedAuditFinclStmtInd
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
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
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 Members25GoverningBodyVotingMembersCnt
Independent Voting Member25IndependentVotingMemberCnt
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 (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JEFFREY M BRITT
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
MEGAN SAMFORD
VICE-CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
WILL CLEMENTS
TREASURER1.00Yes (X)Yes (X)$0$0$0
BARRETT CHAPPELL
DIRECTOR1.00Yes (X)$0$0$0
TONI CLARK
DIRECTOR1.00Yes (X)$0$0$0
JILL COLEMAN
SECRETARY1.00Yes (X)Yes (X)$0$0$0
AMY EVERETT
DIRECTOR1.00Yes (X)$0$0$0
BRENDA HICKS
DIRECTOR1.00Yes (X)$0$0$0
MARTIN JOHNSON
DIRECTOR1.00Yes (X)$0$0$0
KEVIN MASSENGILL
DIRECTOR1.00Yes (X)$0$0$0
SAMUEL PARHAM
DIRECTOR1.00Yes (X)$0$0$0
SEAN ROBERTSON
DIRECTOR1.00Yes (X)$0$0$0
BERNARD ROBINSON
DIRECTOR1.00Yes (X)$0$0$0
WERT SMITH JR
DIRECTOR1.00Yes (X)$0$0$0
MARK H STEVENS
DIRECTOR1.00Yes (X)$0$0$0
JAMES K BEAZLEY III
DIRECTOR1.00Yes (X)$0$0$0
BRANDON P BUTTERWORTH
DIRECTOR1.00Yes (X)$0$0$0
KRIS CRAVEY
DIRECTOR1.00Yes (X)$0$0$0
TANYEA DARRISAW
DIRECTOR1.00Yes (X)$0$0$0
ELSO DIFRANCO
DIRECTOR1.00Yes (X)$0$0$0
BASIL O DOSUNMU
DIRECTOR1.00Yes (X)$0$0$0
JOHN EMERY
DIRECTOR1.00Yes (X)$0$0$0
ANGELA KELLY-WIECEK
DIRECTOR1.00Yes (X)$0$0$0
JOHN MAZZA
DIRECTOR1.00Yes (X)$0$0$0
DENNIS MCDERMOTT
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$439,098AllOtherContributionsAmt
Total Contributions$439,098TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescDIRECT FINANCING LEASEDesc
Business525990BusinessCd
Total Revenue Column$678,086TotalRevenueColumnAmt
Related Or Exempt Func Income$678,086RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$678,086TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$453,942TotalRevenueColumnAmt
Exclusion$453,942ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$50,780FundraisingGrossIncomeAmt
Fundraising Direct Expenses$42,252FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,528TotalRevenueColumnAmt
Exclusion$8,528ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MANAGEMENT FEE INCOME541610$200,000$200,000
OTHER INCOME900099$116,885$116,885
FieldValueIRS element (for citing)
Other Revenue Total$316,885OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,896,539TotalRevenueColumnAmt
Related Or Exempt Func Income$994,971RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$462,470ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$36,345TotalAmt
Program Services$36,345ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$317,049TotalAmt
Program Services$317,049ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$54,124TotalAmt
Management And General$54,124ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$25,481TotalAmt
Management And General$25,481ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$22,412TotalAmt
Program Services$22,412ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$16,135TotalAmt
Program Services$4,030ProgramServicesAmt
Management And General$12,105ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$87,921TotalAmt
Program Services$87,921ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$36,135TotalAmt
Program Services$36,099ProgramServicesAmt
Fundraising$36FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$18,596TotalAmt
Program Services$4,278ProgramServicesAmt
Management And General$9,669ManagementAndGeneralAmt
Fundraising$4,649FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$32,142TotalAmt
Program Services$30,220ProgramServicesAmt
Management And General$1,841ManagementAndGeneralAmt
Fundraising$81FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$688,870TotalAmt
Program Services$688,870ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$9,222TotalAmt
Program Services$9,222ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,383TotalAmt
Program Services$3,383ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPLIES$56,641$50,942$5,699
FOOD, BEVERAGE, AND ENT$49,638$43,147$6,491
ATHLETICS EXPENSE$32,807$32,807
BOOKS, SUBSCRIPTIONS, R$22,196$19,080$3,116

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$7,966TotalAmt
Program Services-$14,456ProgramServicesAmt
Management And General$22,353ManagementAndGeneralAmt
Fundraising$69FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,517,063TotalAmt
Program Services$1,371,349ProgramServicesAmt
Management And General$140,879ManagementAndGeneralAmt
Fundraising$4,835FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$195,782BOYAmt
EOY$131,517EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$30,048BOYAmt
EOY$42,901EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,337BOYAmt
EOY$1,050EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$64,560LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$24,422LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$54,860BOYAmt
EOY$40,138EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$7,116,242BOYAmt
EOY$8,028,447EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$18,020,747BOYAmt
EOY$17,147,588EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$584,591BOYAmt
EOY$263,462EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$26,003,607BOYAmt
EOY$25,655,103EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$137,587BOYAmt
EOY$125,657EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$3,550BOYAmt
EOY$3,770EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,906,214BOYAmt
EOY$17,038,587EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$366,637BOYAmt
EOY$37,062EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$18,413,988BOYAmt
EOY$17,205,076EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$119,090BOYAmt
EOY$213,759EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,708,709BOYAmt
EOY$8,236,268EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,589,619BOYAmt
EOY$8,450,027EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$26,003,607BOYAmt
EOY$25,655,103EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$379,476ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$480,932NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
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$238,015CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$174,301CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$221,749CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$201,526CurrentTaxYearMinus1YearAmt
Current Tax Year$439,098CurrentTaxYearAmt
Total$1,274,689TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$149,593CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$165,262CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$172,430CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$193,918CurrentTaxYearMinus1YearAmt
Current Tax Year$223,683CurrentTaxYearAmt
Total$904,886TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$387,608CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$339,563CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$394,179CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$395,444CurrentTaxYearMinus1YearAmt
Current Tax Year$662,781CurrentTaxYearAmt
Total$2,179,575TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$2,179,575PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$19,227CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$214,191CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$932,222CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$400,838CurrentTaxYearMinus1YearAmt
Current Tax Year$453,942CurrentTaxYearAmt
Total$2,020,420TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$43,246CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$17,262CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$26,327CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$55,000CurrentTaxYearMinus1YearAmt
Current Tax Year$116,885CurrentTaxYearAmt
Total$258,720TotalAmt
FieldValueIRS element (for citing)
Total Support$4,458,715TotalSupportAmt
Gross Receipts Rltd Activities$1,715,840GrossReceiptsRltdActivitiesAmt
Public Support CY1700.48880PublicSupportCY170Pct
Public Support PY1700.48730PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

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

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$14,915AssetsIncludedAmt
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$7,420,196BeginningYearBalanceAmt
Contributions$38,115ContributionsAmt
Investment Earnings Or Losses$912,205InvestmentEarningsOrLossesAmt
Other Expenditures$314,293OtherExpendituresAmt
End Year Balance$8,056,223EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,968,795BeginningYearBalanceAmt
Contributions$32,770ContributionsAmt
Investment Earnings Or Losses$666,561InvestmentEarningsOrLossesAmt
Other Expenditures$247,930OtherExpendituresAmt
End Year Balance$7,420,196EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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 Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

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
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.57557PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.42443TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$64,560OtherCostOrOtherBasisAmt
Depreciation$24,422DepreciationAmt
Book Value$40,138BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$40,138TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescINVESTMENT IN DIRECT FINANCING LEASEDesc
Book Value$17,147,588BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$17,147,588TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO OTHER FUNDSDesc
Amt$37,062Amt
FieldValueIRS element (for citing)
Total Liability$37,062TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,578,742TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$480,932NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$223,683DonatedServicesAndUseFcltsAmt
Revenue Not Reported$704,615RevenueNotReportedAmt
Revenue Subtotal$1,874,127RevenueSubtotalAmt
Investment Expenses Not Incld$22,412InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$22,412RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,896,539TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,718,334TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$223,683DonatedServicesUseFcltsAmt
Expenses Not Reported$223,683ExpensesNotReportedAmt
Expenses Subtotal$1,494,651ExpensesSubtotalAmt
Investment Expenses Not Incld2$22,412InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$22,412ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,517,063TotalExpensesPerForm990Amt

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)
Event1PECAN FESTIVALEvent1Nm
Gross Receipts Event1$29,903GrossReceiptsEvent1Amt
Gross Revenue Event1$29,903GrossRevenueEvent1Amt
Other Direct Expenses Event1$28,582OtherDirectExpensesEvent1Amt
Event2FOUNDERS DAY FESTIVALEvent2Nm
Gross Receipts Event2$20,877GrossReceiptsEvent2Amt
Gross Revenue Event2$20,877GrossRevenueEvent2Amt
Other Direct Expenses Event2$13,670OtherDirectExpensesEvent2Amt
Gross Receipts Total$50,780GrossReceiptsTotalAmt
Gross Revenue Total Events$50,780GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$42,252OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$42,252DirectExpenseSummaryEventsAmt
Net Income Summary$8,528NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

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$36,345CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantBUSINESS EXPENSES RELATED TO THE COLLEGEPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

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
Recipient65RecipientCnt
Cash Grant$317,049CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION MANAGES SCHOLARSHIP APPLICATIONS AND SELECTIONS AND SCHOLARSHIP AWARDS ARE RUN THROUGH THE ACCOUNTING SYSTEM.ExplanationTxt

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 (4 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 WEBSITE AND ANOTHER WEBSITE ARE USED AS METHODS FOR MAKING THE 990 AVAILABLE. THIS INFORMATION HAS ALSO ALWAYS BEEN AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19THIS INFORMATION IS AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2C:NO CHANGE FROM PRIOR YEAR.

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 OrgYes (1)PerformOfServicesForOthOrgInd
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 (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmt
RICHARD BLAND COLLEGE
B$353,394
RICHARD BLAND COLLEGE
J$678,086
RICHARD BLAND COLLEGE
L$200,000
RICHARD BLAND COLLEGE
O$223,683

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