2022-06-22T10:33:48-05:00 2021-06-30 540618213 HANTZMON WIEBEL LLP CPA'S PO BOX 1408 CHARLOTTESVILLE VA 22902 990 2020-07-01 311620682 MONTPELIER FOUNDATION MONT 5406722728 PO BOX 911 ORANGE VA 22960 DR ELIZABETH CHEW INTERIM PRESIDENT AND CEO 5406722728 2022-06-21 1 DR ELIZABETH CHEW XXX-XX-XXXX MATTHEW J DEAN P00961509 4342962156 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z DR ELIZABETH CHEW PO BOX 911 ORANGE VA 22960 6844619 0 X WWW.MONTPELIER.ORG X 1998 VA A MEMORIAL TO JAMES MADISON AND THE ENSLAVED COMMUNITY, A MUSEUM OF AMERICAN HISTORY, AND A CENTER FOR CONSTITUTIONAL EDUCATION THAT ENGAGES THE PUBLIC WITH THE ENDURING LEGACY OF MADISON'S MOST POWERFUL IDEA: GOVERNMENT BY THE PEOPLE. 15 15 109 27 1048 0 3799772 5227410 794849 454759 281139 626053 594585 353242 5470345 6661464 143878 173070 0 0 3881195 2897604 0 0 598941 3499605 2710888 7524678 5781562 -2054333 879902 32140542 34651611 9588999 8898825 22551543 25752786 X A MEMORIAL TO JAMES MADISON AND THE ENSLAVED COMMUNITY, A MUSEUM OF AMERICAN HISTORY, AND A CENTER FOR CONSTITUTIONAL EDUCATION THAT ENGAGES THE PUBLIC WITH THE ENDURING LEGACY OF MADISON'S MOST POWERFUL IDEA: GOVERNMENT BY THE PEOPLE. 0 0 2561828 173070 491064 EDUCATION AND ENGAGEMENT: WORKING CLOSELY WITH ARCHAEOLOGY, HISTORIC ARCHITECTURE AND COLLECTIONS, THE DEPARTMENT OF EDUCATION AND ENGAGEMENT OVERSEES ALL PUBLIC PROGRAMMING AT MONTPELIER. THIS INCLUDES DEVELOPING TOUR CONTENT, INTERPRETIVE SIGNAGE, AND PROGRAMMING FOR STUDENT AND ADULT GROUPS. THE DEPARTMENT ALSO IS RESPONSIBLE FOR TRAINING THE INTERPRETIVE AND VISITOR SERVICES STAFF. IT WAS INSTRUMENTAL IN THE PLANNING AND EXECUTION OF THE AWARD-WINNING EXHIBITION THE MERE DISTINCTION OF COLOUR. 622888 HISTORIC ARCHITECTURE AND COLLECTIONS:HISTORIC ARCHITECTURE AND COLLECTIONS ARE RESPONSIBLE FOR THE CARE AND MAINTENANCE OF MONTPELIER'S HISTORIC STRUCTURES - MANY ASSOCIATED WITH THE DUPONT ERA - IN ADDITION TO LEADING SIGNIFICANT HISTORIC RECONSTRUCTION PROJECTS SUCH AS THE SOUTH YARD. THIS IS ACCOMPLISHED THROUGH ARCHITECTURAL FIELDWORK BY EXAMINING WOOD SPECIES, NAILS, WINDOWS, DECORATIVE MOULDINGS, AND MORE, TO ENSURE THAT THE RECONSTRUCTED BUILDINGS ARE AS HISTORICALLY ACCURATE AS POSSIBLE. FOR EXAMPLE, DURING THE RESTORATION OF THE TEMPLE, THE RECOVERY OF A SINGLE MADISON-ERA SHINGLE WHILE INVESTIGATING THE ROOF FRAMING LED TO THE DETERMINATION THAT THE TEMPLE ROOF WAS ORIGINALLY PAINTED RED. CURATORIAL AND COLLECTIONS IS INSTRUMENTAL IN THE FURNISHING OF THE HOUSE AND OTHER RECONSTRUCTED BUILDINGS ON THE PROPERTY. ALL OF THE INSTALLATIONS AND ACQUISITIONS ARE BASED, AT LEAST IN PART, ON THE WORK AND DISCOVERIES OF OTHER DEPARTMENTS LIKE ARCHAEOLOGY, RESEARCH, AND ARCHITECTURAL PRESERVATION. RECENT PROJECTS INCLUDE THE FURNISHING PLANS FOR THE SOUTH YARD QUARTERS; THE ACQUISITION OF THE ARTWORK IN THE SOUTH PASSAGE OF THE HOUSE; THE ACQUISITION OF OBJECTS CONNECTED TO DOLLEY MADISON: A LADY'S POCKET WATCH, SEWING KIT, AND MINIATURE PAINTING OF THE YOUNG MRS. MADISON; AND THE MOST RECENT FURNISHINGS OF JOHN PAYNE TODD'S BEDROOM, A GUEST BEDROOM, AND AN "INTERACTIVE" ROOM. 466574 69627 ARCHAEOLOGY:MONTPELIER'S DEPARTMENT OF ARCHAEOLOGY SPENDS APPROXIMATELY TWO-THIRDS OF THE YEAR ENGAGING IN ACTIVE ONSITE EXCAVATIONS, WITH THE REMAINDER OF THE YEAR SPENT IN THE LAB CATALOGUING, ANALYZING, AND MENDING ARTIFACTS. THEIR DISCOVERIES ALLOW MONTPELIER TO PROVIDE ACCURATE HISTORICAL INTERPRETATION OF THE PLANTATION, INCLUDING THE RECENTLY RESTORED BUILDINGS IN THE SOUTH YARD THAT HOUSED THE ENSLAVED COMMUNITY DURING MADISON'S LIFETIME. EMBRACING "CITIZEN SCIENCE," THE DEPARTMENT HOSTS THE PUBLIC FOR MULTIPLE IMMERSIVE PROGRAMS WHERE PARTICIPANTS WORK SIDE-BY-SIDE WITH ARCHAEOLOGISTS AND MUSEUM PROFESSIONALS, OFFERING MULTIPLE PROGRAM FORMATS, FROM ONE DAY TO A WHOLE WEEK. 464092 ROBERT H. SMITH CENTER FOR THE CONSTITUTION:THE ROBERT H. SMITH CENTER FOR THE CONSTITUTION PROVIDES WORLD-CLASS EDUCATIONAL PROGRAMMING, BOTH ON-SITE AND ONLINE. PARTICIPANTS COME FROM ALL OVER THE WORLD TO ENGAGE IN CIVIC DIALOGUE, IMPROVE THEIR UNDERSTANDING OF THE FOUNDING PRINCIPLES OF THE UNITED STATES, AND DEEPEN THEIR POTENTIAL INVOLVEMENT IN DEMOCRACY. SPECIFIC PROGRAMMING IS OFFERED FOR EDUCATORS, LAW ENFORCEMENT OFFICERS, AND INTERNATIONAL CIVIL SERVANTS. 464092 4115382 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 29 0 109 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY X THE ORGANIZATION 5406722728 PO BOX 911 ORANGE VA 22960 DR EUGENE W HICKOK CHAIRMAN 10.00 X X 0 0 0 MS MARGARET H JORDAN VICE CHAIRMAN 2.00 X X 0 0 0 MR FRANK B ATKINSON VICE CHAIRMAN 5.00 X X 0 0 0 MR BENJAMIN BREWSTER TREASURER 5.00 X X 0 0 0 MS PATRICIA CROWE SECRETARY 5.00 X X 0 0 0 DR DENNIS M CAMPBELL DIRECTOR 2.00 X 0 0 0 MR JAMES FRENCH DIRECTOR 5.00 X 0 0 0 MR JOHN ADAMS DIRECTOR 2.00 X 0 0 0 MR PETER MCHUGH DIRECTOR 2.00 X 0 0 0 MR PETER STOUDT DIRECTOR 2.00 X 0 0 0 MR ROBERT A LEATH DIRECTOR 5.00 X 0 0 0 MR TOM MAYES DIRECTOR 2.00 X 0 0 0 MRS PAMELA F EDMONDS DIRECTOR 2.00 X 0 0 0 MS LINDA C GIBSON DIRECTOR 2.00 X 0 0 0 MS STEPHANIE MEEKS DIRECTOR 2.00 X 0 0 0 MR ROY F YOUNG II PRESIDENT & CEO 35.00 X 150502 0 30156 DR ELIZABETH V CHEW EXECUTIVE VICE PRESIDENT & CHIEF CURATOR 35.00 X 151605 0 9674 MS CARA SISSON CHIEF ADVANCEMENT OFFICER 35.00 X 133330 0 7996 MR GEORGE URBAN CHIEF FINANCIAL OFFICER 35.00 X 17638 0 708 MR DOUG TROUT EXEC. VP & CHIEF ADVANCEMENT OFFICER 35.00 X 142461 0 5942 MS SHERIDA J HAWTHORNE DIRECTOR OF HR & ADMINISTRATION 35.00 X 101722 0 7436 697258 0 61912 5 0 1 0 DOMINION TRADITIONAL BUILDING GROUP 6625 WILSON ROAD MARSHALL VA 20115 MASONRY CONTRACTOR 172690 1 155891 696300 4375219 259184 5227410 ADMISSIONS 900099 385132 385132 PROGRAM PARTICIPATION 900099 69627 69627 454759 626053 626053 242725 0 242725 242725 242725 0 155891 19219 -19219 -19219 270916 163936 106980 105932 1048 OTHER REVENUE 900099 22756 22756 22756 6661464 560691 1048 872315 173070 173070 633470 239743 162049 231678 1716633 1279319 248174 189140 360856 124264 162307 74285 186645 147483 17268 21894 12386 9660 2726 58656 58656 72140 70853 1287 141568 140039 1204 325 165741 20788 130585 14368 112073 1932 110141 217481 94807 111132 11542 261017 261005 12 1198015 1137817 24079 36119 75287 49038 26249 REPAIRS AND MAINTENANCE 267521 256052 3073 8396 FINANCE COSTS 50072 42903 7169 PROGRAM EXPENSES 46027 46027 OTHER EXPENSES 16356 7334 9022 16548 13248 3300 5781562 4115382 1067239 598941 320853 749832 2256624 3501537 537748 298567 206837 157897 75381 144932 31178049 12621695 19360639 18556354 8558821 10443737 823639 798755 32140542 34651611 185510 69313 31589 8133134 7663090 15904 4485 696300 755040 526562 406897 9588999 8898825 X 10469299 10651494 12082244 15101292 22551543 25752786 32140542 34651611 X 879902 2320339 1002 X X 0 1 X 1 0 X 5234458 4545800 5599523 3799772 5227410 24406963 5234458 4545800 5599523 3799772 5227410 24406963 3733096 20673867 223771 433368 558126 527000 868778 2611043 27018006 8389691 0.76520 0.75910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 0 8558823 2959257 1048696 25648 10443736 9406067 1563 282973 1100473 31307 8558823 11258902 384917 2195822 41930 9406067 10921909 808100 430880 40227 11258902 9821309 400000 1161653 435851 25202 10921909 0.02000 0.41000 0.57000 1 0 4628278 845587 3782691 22691332 8542231 14149101 2433774 1871100 562674 1424665 1362777 61888 18556354 NATIONAL TRUST POOLED INVESTMENTS 10443737 F 10443737 OBLIGATIONS UNDER FINANCE LEASE 50343 ACCRUED WAGES AND VACATION 291757 SECURITY DEPOSITS 28387 FUNDS HELD FOR OTHER ORGANIZATIONS 29505 OTHER LIABILITIES 948 THIRD PARTY EMPLOYEE WITHHOLDINGS 5957 406897 X 8846184 2320339 996 2321335 6524849 136615 136615 6661464 5644947 0 5644947 136615 136615 5781562 PART III, LINE 1A: CONTRIBUTIONS AND EXPENDITURES FOR WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS THAT ARE HELD AS PART OF COLLECTIONS ARE NOT RECOGNIZED AS AN ASSET IN ACCORDANCE WITH ACCOUNTING STANDARDS. COST FOR IMPROVEMENTS TO AND RESTORATION OF THE HISTORIC BUILDINGS AND GROUNDS ARE EXPENSED WHEN INCURRED IN ACCORDANCE WITH ACCOUNTING STANDARDS. PART III, LINE 4: THE FOUNDATION'S COLLECTIONS CONSIST OF PERIOD FURNITURE, ART WORK, AND OTHER HOUSEHOLD ITEMS WHICH ARE DISPLAYED IN THE HOME OF JAMES AND DOLLEY MADISON. THESE DISPLAYS ALLOW VISITORS TO BETTER UNDERSTAND THEIR STYLE AND INTERESTS AND GLEAN AN APPRECIATION FOR WHAT LIFE WAS LIKE FOR THEM AT MONTPELIER. 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 FINANCIAL ACCOUNTING STANDARDS BOARD AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN TRUSTS 996. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTIONS RAISED FOR OTHERS NOT SHOWN ON FINANCIAL STATEMENTS 136,615. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS TO OTHER ORGANIZATIONS NOT SHOWN ON FINANCIAL STATEMENTS 136,615. DOLLEY MADISON LEGACY LUNCHEON 155891 155891 1087 8289 9843 155891 155891 1087 8289 9843 19219 -19219 0 VIRGINIA THOROUGHBRED PROJECT PO BOX 518 MONTPELIER STATION VA 22957 843519034 501(C)3 136615 GENERAL OPERATING SUPPORT 1 0 PART I, LINE 2: GRANTS TO OTHER ORGANIZATIONS ARE FOR GENERAL OPERATING SUPPORT. THEREFORE, THE MONTPELIER FOUNDATION DOES NOT REQUIRE MONITORING OF GRANTS. X 1 1 X 0 0 0 0 0 0 0 0 0 MR ROY F YOUNG II PRESIDENT & CEO 150502 0 0 0 0 0 0 0 30156 0 180658 0 0 0 DR ELIZABETH V CHEW EXECUTIVE VICE PRESIDENT & CHIEF CUR 151605 0 0 0 0 0 0 0 9674 0 161279 0 0 0 PART I, LINE 1A THE FOUNDATION PROVIDES HOUSING FOR THE PRESIDENT. THIS HOUSING IS LOCATED ON THE FOUNDATION'S PROPERTY AND IS A CONDITION OF EMPLOYMENT FOR THE PRESIDENT. FOR THE YEAR ENDED JUNE 30, 2021, THE ESTIMATED MARKET VALUE OF THE HOUSING PROVIDED IS $30,000. A EDA OF THE COUNTY OF ORANGE VIRGINIA 521304240 2013-06-27 9100000 REFUND OF ISSUER'S $9,100,000 VARIABLE RATE TAX EXEMPT BOND ISSUED 12/16/04 0 0 0 A 9100000 9100000 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 10 259184 FAIR MARKET VALUE X 3 NOT APPLICABLE 1 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS, RATHER THAN THE NUMBER OF ITEMS RECEIVED. EACH STOCK CONTRIBUTION INCLUDED MULTIPLE SHARES OF STOCK FROM A SINGLE DONOR. SOME HISTORICAL ARTIFACT CONTRIBUTIONS INCLUDED MULTIPLE OBJECTS FROM A SINGLE DONOR. PART I, LINE 32B: THE MONTPELIER FOUNDATION USES WELLS FARGO ADVISORS AS THEIR BROKER TO RECEIVE AND LIQUIDATE SECURITIES DONATED TO THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION REVISED ITS BYLAWS TO RECOGNIZE THE MONTPELIER DESCENDANTS COMMITTEE'S RECOMMENDATIONS FOR APPOINTMENTS TO THE MONTPELIER FOUNDATION'S BOARD OF DIRECTORS (SEE SCHEDULE R). THE UPDATED NOMINATION AND ELECTION PROCESS OUTLINED IN THE BYLAWS IS AS FOLLOWS: DIRECTORS SHALL BE NOMINATED BY THE BOARD DEVELOPMENT & GOVERNANCE COMMITTEE AND ELECTED AT A MEETING OF THE BOARD OF DIRECTORS BY AN AFFIRMATIVE VOTE OF A MAJORITY OF THE DIRECTORS THEN IN OFFICE. THE BOARD DEVELOPMENT & GOVERNANCE COMMITTEE SHALL CONSIDER THE RECOMMENDATIONS OF THE MONTPELIER DESCENDANTS COMMITTEE IN MAKING DIRECTOR NOMINATIONS, AND SHALL ENDEAVOR IN GOOD FAITH TO REACH AND MAINTAIN A GOAL OF AT LEAST ONE-HALF OF THE BOARD TO BE COMPRISED OF DIRECTORS RECOMMENDED OR ENDORSED BY THE MONTPELIER DESCENDANTS COMMITTEE. IN ADDITION, THE PRESIDENT OF THE NATIONAL TRUST FOR HISTORIC PRESERVATION (THE "NATIONAL TRUST") SHALL HAVE THE RIGHT TO APPOINT ONE MEMBER OF THE BOARD OF DIRECTORS, WHO SHALL HAVE FULL VOTING PRIVILEGES. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION'S PRESIDENT/CEO, CFO, AND CHIEF OF STAFF REVIEW THE FORM 990 PRIOR TO FILING. A FINAL COPY IS PROVIDED TO THE BOARD OF DIRECTORS AFTER FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY HAS BEEN DISTRIBUTED TO ALL MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS AND MANAGEMENT PERSONNEL. THROUGH THEIR CONSCIOUS EFFORTS DURING THE DECISION MAKING PROCESS, THE ORGANIZATION REFRAINS FROM ENTERING INTO TRANSACTIONS WHICH ARE IN VIOLATION OF THE POLICY. IT IS THE CONTINUING RESPONSIBILITY OF THE BOARD, OFFICERS, AND MANAGEMENT EMPLOYEES TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS AND TO IMMEDIATELY MAKE SUCH DISCLOSURES TO THE PRESIDENT OF THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION'S BOARD OF DIRECTORS HAS A HUMAN RESOURCES COMMITTEE THAT DETERMINES COMPENSATION FOR THE PRESIDENT OF THE FOUNDATION. THE COMMITTEE REVIEWS THE COMPENSATION AMOUNTS PAID BY OTHER LOCAL HISTORICAL SITES AND NON-PROFITS BEFORE DETERMINING WHAT LEVEL TO SET COMPENSATION FOR THE FOUNDATION'S PRESIDENT. FOR OTHER OFFICERS AND KEY EMPLOYEES, SALARY RECOMMENDATIONS ARE MADE BY THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION'S 990 IS STORED ON FILE IN THE MAIN OFFICE. THE CUSTODIAN OF THE INFORMATION WILL FAX OR SEND ELECTRONICALLY THESE DOCUMENTS UPON A SPECIFIC REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION KEEPS A PUBLIC INFORMATION FILE IN THE MAIN OFFICE. THE CUSTODIAN OF THE DOCUMENTS WILL FAX OR SEND ELECTRONICALLY THESE DOCUMENTS UPON A SPECIFIC REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUSTS 996. ROUNDING ADJUSTMENT 6. FORM 990, PAGE 12, LINE 2C A DRAFT COPY OF THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS PRIOR TO ACCEPTANCE. ALSO, THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE SELECTING OF THE INDEPENDANT AUDITORS AND OVERSIGHT OF THE AUDIT. 990 PART XI, LINE 2B THE FOUNDATION'S FINANCIAL STATEMENTS ARE AUDITED ANNUALLY ON A CONSOLIDATED BASIS. SUPPLEMENTAL CONSOLIDATING SCHEDULES, FOR WHICH A SEPARATE AUDIT REPORT IS ISSUED, ARE PROVIDED IN THE FINANCIAL STATEMENTS. MONTPELIER DESCENDANTS COMMITTEE 130 CAROLINE STREET ORANGE VA 22960 863558157 CO-STEWARD OF JAMES MADISON'S MONTPELIER; RECOMMEND BOARD CANDIDATES VA 501(C)(3) LINE 7 N/A 0 CHARITABLE LEAD ANNUITY TRUST (1) TRUST VA DONOR 0 CHARITABLE REMAINDER ANNUITY TRUST (1) TRUST VA DONOR 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0