2022-05-16T15:03:58-05:00 2021-06-30 540618213 HANTZMON WIEBEL LLP CPA'S PO BOX 1408 CHARLOTTESVILLE VA 22902 990 2020-07-01 540838566 UNIVERSITY OF VIRGINIA LAW SCHOOL FOUNDATION UNIV 4349243466 580 MASSIE ROAD CHARLOTTESVILLE VA 229031738 JENNIE A JAMES TREASURER/CFO 4349243466 2022-05-13 1 JENNIE JAMES XXX-XX-XXXX TRAVIS W SIMPSON P00481332 4342962156 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JENNIE A JAMES 580 MASSIE ROAD CHARLOTTESVILLE VA 229031738 128799811 0 X WWW.VIRGINIA.EDU/FOUNDATIONS/INDEX.HTML X 1968 VA THE PRIMARY PURPOSE IS TO RECEIVE, MANAGE AND EXPEND FUNDS TO BENEFIT THE UVA LAW SCHOOL. 24 24 28 1019 0 0 19278098 19303086 79437 90620 36197101 18471127 7000 11021 55561636 37875854 30326883 20272511 0 0 3998789 4212845 0 0 2753558 4092424 2644892 38418096 27130248 17143540 10745606 566331429 789832433 1465670 696380 564865759 789136053 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. 0 0 20993363 20272511 90620 EXPENDITURES ARE MADE FOR PROFESSORSHIPS, FACULTY RESEARCH, STUDENT FINANCIAL AID, STUDENT JOURNALS, AWARDS AND ACTIVITIES, THE GRADUATE PROGRAM, THE LAW LIBRARY, AND OTHER PROJECTS DEEMED TO BE IN THE INTEREST OF THE UNIVERSITY OF VIRGINIA SCHOOL OF LAW AND WITHIN ITS CHARTER. THIS EXEMPT PURPOSE IS THE FOCUS OF THE FOUNDATION'S ACTIVITIES THROUGH DEVELOPMENT AND FUNDRAISING EFFORTS AND INVESTMENT OF FUNDS. 20993363 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 34 0 28 1 1 1 1 CJ VI 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AR CA CO KY MA ME MI MN NH OH OK OR SC UT WA WV X THE UVA LAW SCHOOL FOUNDATION 4349822339 580 MASSIE ROAD CHARLOTTESVILLE VA 229031738 F BLAIR WIMBUSH CHAIR 1.00 X X 0 0 0 J WARREN GORRELL JR CHAIR, EXECUTIVE COMMITTEE 1.00 X X 0 0 0 J GOODWIN BLAND EX-OFFICIO MEMBER 1.00 X 0 0 0 SARAH ROBINSON BORDERS TRUSTEE 1.00 X 0 0 0 DAVID C BURKE TRUSTEE 1.00 X 0 0 0 WHITTINGTON W CLEMENT EX-OFFICIO MEMBER 1.00 X 0 0 0 THOMAS R DENISON TRUSTEE 1.00 X 0 0 0 DOUGLAS E ECKERT TRUSTEE 1.00 X 0 0 0 RISA L GOLUBOFF EX-OFFICIO MEMBER 1.00 X 0 0 0 SHARON S GOODWYN TRUSTEE 1.00 X 0 0 0 TIFFANY MARIE GRAVES EX-OFFICIO MEMBER 1.00 X 0 0 0 JEFFREY L HUMBER JR TRUSTEE 1.00 X 0 0 0 JOHN C JEFFRIES JR TRUSTEE 1.00 X 0 0 0 CATHERINE MURPHY KEATING TRUSTEE 1.00 X 0 0 0 CATHERINE A LAWTON TRUSTEE 1.00 X 0 0 0 THEODORE A MATHAS TRUSTEE 1.00 X 0 0 0 MICHAEL S MILLER TRUSTEE 1.00 X 0 0 0 SHARON M OWLETT TRUSTEE 1.00 X 0 0 0 TIM R PALMER TRUSTEE 1.00 X 0 0 0 CECIL D QUILLEN III TRUSTEE 1.00 X 0 0 0 CHRISTOPHER D RAY TRUSTEE 1.00 X 0 0 0 RENEE E RING TRUSTEE 1.00 X 0 0 0 DASHA SMITH TRUSTEE 1.00 X 0 0 0 ROBERT G ZACK TRUSTEE 1.00 X 0 0 0 LUIS ALVAREZ JR PRESIDENT & CEO 40.00 1.00 X 583091 0 67736 HELEN M SNYDER COO & DIRECTOR OF ANNUAL GIVING 40.00 X 312378 0 63840 JENNIE A JAMES TREASURER & CFO 40.00 X 198037 0 56523 JENNIFER L SULZBERGER DIRECTOR OF REUNION GIVING & ACTIVITY MGR. 40.00 X 173433 0 51439 JOSEPH W RYAN LEADERSHIP GIFTS OFFICER 40.00 X 145144 0 49506 LAURA T PIETRO DIRECTOR OF DONOR RELATIONS 40.00 X 126793 0 43458 KATHRYN BOASE SENIOR ENGAGEMENT OFFICER 40.00 X 119137 0 41928 LISA BUGG DIRECTOR OF INFORMATION SYSTEMS 40.00 X 106400 0 40028 1764413 0 414458 8 0 1 0 UVA INVESTMENT MGMT CO PO BOX 400215 CHARLOTTESVILLE VA 229044215 INVESTMENT MANAGEMNT 1091514 COATUE HYBRID II 9 WEST 57TH STREET NEW YORK NY 10019 INVESTMENT MANAGEMNT 243704 JP MORGAN 800 CONNECTICUT AVENUE NW 9TH FLOO WASHINGTON DC 20006 INVESTMENT MANAGEMNT 169812 FARALLON CAPITAL MGMT STE 1325 1 MARITIME PLAZA SAN FRANCISCO CA 94111 INVESTMENT MANAGEMNT 112545 4 512064 18791022 2826625 19303086 OTHER AUXILARY REVENUE 611710 72629 72629 STUDENT ACTIVITIES 611710 17991 17991 90620 1386177 1386177 11021 0 11021 11021 11021 108008907 90923957 17084950 17084950 17084950 37875854 90620 0 18482148 18828399 18828399 1444112 1444112 1417592 700317 717275 1971853 344147 389855 1237851 259785 40276 53757 165752 371264 91577 72024 207663 192351 24887 51712 115752 7776 7776 67368 67368 1690594 1690594 6335 933 1576 3826 117944 3546 71620 42778 212142 52436 69054 90652 42854 126 42728 166388 140767 17405 8216 28870 354 18270 10246 93081 93081 PUBLICATIONS 199949 21803 67327 110819 DUES & SUBSCRIPTIONS 7181 7181 FEES & LICENSES 4410 4410 27130248 20993363 3383327 2753558 37235 3283 24858154 22031732 20964038 18356002 103777 94853 53683 132065 1432384 538608 919352 893776 63443333 99788675 438054516 621117868 17897341 27414179 566331429 789832433 564386 696380 512064 389220 0 1465670 696380 X 72071031 101743384 492794728 687392669 564865759 789136053 566331429 789832433 X 10745606 206823530 6701158 X X 0 1 X 1 0 X 16751770 13905064 20385755 19278098 19339086 89659773 87264 98553 101031 114954 114885 516687 16839034 14003617 20486786 19393052 19453971 90176460 8485881 81690579 265799 546264 632170 372300 1386177 3202710 93379170 731752 0.87480 0.88550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 513562992 17982603 225278378 20272510 3386785 1690594 731474084 502377080 19698045 18904610 24792843 2623900 513562992 487656625 12011545 27544354 21239945 450832 3144667 502377080 450526564 11063094 49475779 18002071 1974649 3432092 487656625 413933037 7791194 51427591 18862443 313720 3449095 450526564 0.13000 0.24000 0.63000 0 0 152259 152259 913720 295298 618422 132232 48910 83322 234173 194400 39773 893776 ALTERNATIVE INVESTMENT FUNDS 621117868 F 621117868 X 249824834 206823530 114886 6701158 213639574 36185260 1690594 1690594 37875854 25554540 114886 114886 25439654 1690594 1690594 27130248 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF 466 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 6,675,798. CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES VALUE CHANGE 25,360. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 20237732 EUROPE 0 0 FUNDRAISING EVENT ALUMNI EVENT 2500 0 0 0 0 0 0 20240232 0 20240232 1 0 1 1 0 0 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. PART III ACCOUNTING METHOD: 1 UNIVERSITY OF VIRGINIA LAW SCHOOL 580 MASSIE ROAD CHARLOTTESVILLE VA 229031738 546001796 501(C)(3) 4791476 FINANCIAL AID UNIVERSITY OF VIRGINIA LAW SCHOOL 580 MASSIE ROAD CHARLOTTESVILLE VA 229031738 546001796 501(C)(3) 12509109 TEACHING AND RESEARCH UNIVERSITY OF VIRGINIA LAW SCHOOL 580 MASSIE ROAD CHARLOTTESVILLE VA 229031738 546001796 501(C)(3) 326081 LAW GROUNDS UNIVERSITY OF VIRGINIA LAW SCHOOL 580 MASSIE ROAD CHARLOTTESVILLE VA 229031738 546001796 501(C)(3) 886842 ADMINISTRATION UNIVERSITY OF VIRGINIA LAW SCHOOL 580 MASSIE ROAD CHARLOTTESVILLE VA 229031738 546001796 501(C)(3) 171212 STUDENT ACTIVITIES UNIVERSITY OF VIRGINIA LAW SCHOOL 580 MASSIE ROAD CHARLOTTESVILLE VA 229031738 546001796 501(C)(3) 143679 RESIDENTIAL REAL ESTATE PROGRAM 1 0 STUDENT FELLOWSHIPS 169 902831 ALUMNI FELLOWSHIPS 14 457420 STUDENT LOAN FORGIVENESS 21 83861 PART I, LINE 2: 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. X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 LUIS ALVAREZ JR PRESIDENT & CEO 450000 0 115300 0 17791 0 35625 0 32111 0 650827 0 0 0 HELEN M SNYDER COO & DIRECTOR OF ANNUAL GIVING 265000 0 32300 0 15078 0 35625 0 28215 0 376218 0 0 0 JENNIE A JAMES TREASURER & CFO 177170 0 20300 0 567 0 24703 0 31820 0 254560 0 0 0 JENNIFER L SULZBERGER DIRECTOR OF REUNION GIVING & ACTIVITY MGR. 158550 0 13300 0 1583 0 21608 0 29831 0 224872 0 0 0 JOSEPH W RYAN LEADERSHIP GIFTS OFFICER 132586 0 12300 0 258 0 17994 0 31512 0 194650 0 0 0 LAURA T PIETRO DIRECTOR OF DONOR RELATIONS 124714 0 300 0 1779 0 15856 0 27602 0 170251 0 0 0 KATHRYN BOASE SENIOR ENGAGEMENT OFFICER 109850 0 8300 0 987 0 14956 0 26972 0 161065 0 0 0 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. X 133 2826625 FAIR MARKET VALUE 0 0 1 1 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. 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. 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 6,675,798. CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES VALUE CHANGE 25,360. 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. BOLLINGWOOD PROPERTIES LLC 580 MASSIE ROAD CHARLOTTESVILLE VA 22903 FACULTY HOUSING VA 11021 800169 UVA LAW SCHOOL FOUNDATION UNIVERSITY OF VIRGINIA LAW SCHOOL ALUMNI ASSOCIATION 580 MASSIE ROAD CHARLOTTESVILLE VA 229031738 521577660 ALUMNI RELATIONS VA 501(C)(3) LINE 9 N/A 0 CHARITABLE REMAINDER TRUSTS (61) INVESTMENTS VA UVA LAW SCHOOL FOUNDATION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0