IVY CHARITABLE FOUNDATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: IVY CHARITABLE FOUNDATION (EIN 31-1685355)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-11-15
IRS object ID: 202233199349308613
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
Form 990
Schedule A
Schedule D
Schedule I
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-11-15T10:48:52-06:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	540618213	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	HANTZMON WIEBEL LLP CPA'S	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1408	AddressLine1Txt
City	CHARLOTTESVILLE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22902	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	311685355	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE IVY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	IVYF	BusinessNameControlTxt
Phone	4344090623	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1115 COTTONWOOD ROAD	AddressLine1Txt
City	CHARLOTTESVILLE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22901	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARTHA BATTLE MD	PersonNm
Person Title	VICE PRESIDENT & TREASURER	PersonTitleTxt
Phone	4344090623	PhoneNum
Signature	2022-11-14	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	MARTHA	PersonFirstNm
Person Last	BATTLE MD	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	TRAVIS W SIMPSON	PreparerPersonNm
PTIN	P00481332	PTIN
Phone	4342962156	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	KARI EVANS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1115 COTTONWOOD ROAD	AddressLine1Txt
City	CHARLOTTESVILLE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22901	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$866,421	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1999	FormationYr
Legal Domicile State	VA	LegalDomicileStateCd
Activity Or Mission	THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY OF VIRGINIA BY PROVIDING FINANCIAL SUPPORT FOR SCIENTIFIC RESEARCH AT THE UNIVERSITY'S HEALTH SCIENCES CENTER, SCHOOL OF ENGINEERING AND APPLIED SCIENCES, AND COLLEGE OF ARTS AND SCIENCES.	ActivityOrMissionDesc
Voting Members Governing Body	6	VotingMembersGoverningBodyCnt
Voting Members Independent	5	VotingMembersIndependentCnt
Total Employee	1	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$309,599	PYInvestmentIncomeAmt
CY Investment Income	$380,892	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$309,599	PYTotalRevenueAmt
CY Total Revenue	$380,892	CYTotalRevenueAmt
PY Grants And Similar Paid	$2,260,000	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$300,000	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$48,002	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$113,982	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$31,598	PYOtherExpensesAmt
CY Other Expenses	$27,195	CYOtherExpensesAmt
PY Total Expenses	$2,339,600	PYTotalExpensesAmt
CY Total Expenses	$441,177	CYTotalExpensesAmt
PY Revenues Less Expenses	-$2,030,001	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$60,285	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,063,447	TotalAssetsBOYAmt
Total Assets EOY	$2,118,242	TotalAssetsEOYAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$3,817	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,063,447	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,114,425	NetAssetsOrFundBalancesEOYAmt
Mission	THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY OF VIRGINIA BY PROVIDING FINANCIAL SUPPORT FOR SCIENTIFIC RESEARCH AT THE UNIVERSITY'S HEALTH SCIENCES CENTER, SCHOOL OF ENGINEERING AND APPLIED SCIENCES, AND COLLEGE OF ARTS AND SCIENCES.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$300,000	ExpenseAmt
Grant	$300,000	GrantAmt
Desc	PROVIDE FINANCIAL SUPPORT AND PROGRAM SUPPORT FOR SCIENTIFIC RESEARCH AND BIOMEDICAL INNOVATION, AS WELL AS STUDENT MENTAL HEALTH AND FLOURISHING INITIATIVES AT THE UNIVERSITY OF VIRGINIA'S HEALTH SYSTEM AND COLLEGE OF ARTS AND SCIENCES.	Desc
Total Program Service Expenses	$300,000	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	0	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	8	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	1	EmployeeCnt
Employment Tax Returns Filed	0	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	6	GoverningBodyVotingMembersCnt
Independent Voting Member	5	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE ORGANIZATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4344090623	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1115 COTTONWOOD ROAD	AddressLine1Txt
City	CHARLOTTESVILLE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22901	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
ROBERT BATTLE MD
CHAIRMAN & PRESIDENT	1.00	Yes (X)	Yes (X)	$1,000	$0	$0
MARTHA BATTLE MD
VICE PRESIDENT & TREASURER	1.00	Yes (X)	Yes (X)	$1,000	$0	$0
ALDEN ENGLISH
SECRETARY	1.00	Yes (X)	Yes (X)	$1,000	$0	$0
DEAN GIANAKOS MD
DIRECTOR	1.00	Yes (X)		$1,000	$0	$0
MELINA KIBBEE MD
DIRECTOR	1.00	Yes (X)		$1,000	$0	$0
MARCUS LEWIS MARTIN II
DIRECTOR	1.00	Yes (X)		$1,000	$0	$0
KARI EVANS
EXECUTIVE DIRECTOR	40.00		Yes (X)	$104,004	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$110,004	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$36,537	TotalRevenueColumnAmt
Exclusion	$36,537	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$829,884	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$485,529	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$344,355	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$344,355	TotalRevenueColumnAmt
Exclusion	$344,355	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$380,892	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$380,892	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$300,000	TotalAmt
Program Services	$300,000	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$110,004	TotalAmt
Management And General	$110,004	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$3,978	TotalAmt
Management And General	$3,978	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$6,200	TotalAmt
Management And General	$6,200	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$19,311	TotalAmt
Management And General	$19,311	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$572	TotalAmt
Management And General	$572	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Desc	LICENSES AND TAXES	Desc
Total	$1,112	TotalAmt
Management And General	$1,112	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$441,177	TotalAmt
Program Services	$300,000	ProgramServicesAmt
Management And General	$141,177	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$62,734	BOYAmt
EOY	$49,907	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
EOY	$6,482	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$2,000,713	BOYAmt
EOY	$2,061,853	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,063,447	BOYAmt
EOY	$2,118,242	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
EOY	$3,817	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$3,817	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,063,447	BOYAmt
EOY	$2,114,425	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,063,447	BOYAmt
EOY	$2,114,425	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,063,447	BOYAmt
EOY	$2,118,242	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$60,285	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$111,263	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Supporting Organization509a3	Yes (X)	SupportingOrganization509a3Ind
Supporting Org Type3 Non Func	Yes (X)	SupportingOrgType3NonFuncInd
Supported Organizations	1	SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	UNIVERSITY OF VIRGINIA	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
EIN	546001796	EIN
Organization Type	6	OrganizationTypeCd
Governing Document Listed	Yes (1)	GoverningDocumentListedInd
Support	$300,000	SupportAmt
Other Support	$0	OtherSupportAmt

Field	Value	IRS element (for citing)
Supported Organizations Total	1	SupportedOrganizationsTotalCnt
Support Sum	$300,000	SupportSumAmt
Other Support Sum	$0	OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

Field	Value	IRS element (for citing)
Listed By Name Governing Doc	Yes (1)	ListedByNameGoverningDocInd
Suprt Org No IRS Determination	0	SuprtOrgNoIRSDeterminationInd
Supported Org Section C456	0	SupportedOrgSectionC456Ind
Supported Org Not Organized US	0	SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org	0	OrganizationChangeSuprtOrgInd
Support Non Supported Org	0	SupportNonSupportedOrgInd
Payment Substantial Contribtr	0	PaymentSubstantialContribtrInd
Loan Disqualified Person	0	LoanDisqualifiedPersonInd
Controlled Disqualified Prsn	0	ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int	0	DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int	0	DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules	0	ExcessBusinessHoldingsRulesInd
Contribution Controller	0	ContributionControllerInd
Contribution Family	0	ContributionFamilyInd
Contribution35 Controlled	0	Contribution35ControlledInd

Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

Field	Value	IRS element (for citing)
Timely Provided Documents	Yes (1)	TimelyProvidedDocumentsInd
Officers Close Relationship	Yes (1)	OfficersCloseRelationshipInd
Supported Org Voice Investment	Yes (1)	SupportedOrgVoiceInvestmentInd

Adjusted Net Income AdjustedNetIncomeGrp

Net ST Capital Gain Adj Net Incm NetSTCapitalGainAdjNetIncmGrp

Field	Value	IRS element (for citing)
Prior Year	$251,215	PriorYearAmt
Current Year	$344,355	CurrentYearAmt

Recoveries PY Distributions RecoveriesPYDistributionsGrp

Field	Value	IRS element (for citing)
Prior Year	$0	PriorYearAmt
Current Year	$0	CurrentYearAmt

Other Gross Income OtherGrossIncomeGrp

Field	Value	IRS element (for citing)
Prior Year	$58,384	PriorYearAmt
Current Year	$36,537	CurrentYearAmt

Adjusted Gross Income AdjustedGrossIncomeGrp

Field	Value	IRS element (for citing)
Prior Year	$309,599	PriorYearAmt
Current Year	$380,892	CurrentYearAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Prior Year	$0	PriorYearAmt
Current Year	$0	CurrentYearAmt

Production Income ProductionIncomeGrp

Field	Value	IRS element (for citing)
Prior Year	$31,598	PriorYearAmt
Current Year	$121,866	CurrentYearAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Prior Year	$0	PriorYearAmt
Current Year	$0	CurrentYearAmt

Total Adjusted Net Income TotalAdjustedNetIncomeGrp

Field	Value	IRS element (for citing)
Prior Year	$278,001	PriorYearAmt
Current Year	$259,026	CurrentYearAmt

Minimum Asset Amount MinimumAssetAmountGrp

Average Monthly FMV Of Sec AverageMonthlyFMVOfSecGrp

Field	Value	IRS element (for citing)
Prior Year	$2,652,069	PriorYearAmt
Current Year	$2,091,472	CurrentYearAmt

Average Monthly Cash Balances AverageMonthlyCashBalancesGrp

Field	Value	IRS element (for citing)
Prior Year	$115,092	PriorYearAmt
Current Year	$118,278	CurrentYearAmt

FMV Other Non Exempt Use Asset FMVOtherNonExemptUseAssetGrp

Field	Value	IRS element (for citing)
Prior Year	$0	PriorYearAmt
Current Year	$0	CurrentYearAmt

Total FMV Of Non Exempt Use Asset TotalFMVOfNonExemptUseAssetGrp

Field	Value	IRS element (for citing)
Prior Year	$2,767,161	PriorYearAmt
Current Year	$2,209,750	CurrentYearAmt

Field	Value	IRS element (for citing)
Discount Claimed	$0	DiscountClaimedAmt

Acquisition Indebtedness AcquisitionIndebtednessGrp

Field	Value	IRS element (for citing)
Prior Year	$0	PriorYearAmt
Current Year	$0	CurrentYearAmt

Adjusted FMV Less Indebtedness AdjustedFMVLessIndebtednessGrp

Field	Value	IRS element (for citing)
Prior Year	$2,767,161	PriorYearAmt
Current Year	$2,209,750	CurrentYearAmt

Cash Deemed Charitable CashDeemedCharitableGrp

Field	Value	IRS element (for citing)
Prior Year	$41,507	PriorYearAmt
Current Year	$33,146	CurrentYearAmt

Net Vl Non Exempt Use Assets NetVlNonExemptUseAssetsGrp

Field	Value	IRS element (for citing)
Prior Year	$2,725,654	PriorYearAmt
Current Year	$2,176,604	CurrentYearAmt

Pct Of Net Vl Non Exempt Use Ast PctOfNetVlNonExemptUseAstGrp

Field	Value	IRS element (for citing)
Prior Year	$95,398	PriorYearAmt
Current Year	$76,181	CurrentYearAmt

Recoveries PY Distri Min Asset RecoveriesPYDistriMinAssetGrp

Field	Value	IRS element (for citing)
Prior Year	$0	PriorYearAmt
Current Year	$0	CurrentYearAmt

Total Minimum Asset TotalMinimumAssetGrp

Field	Value	IRS element (for citing)
Prior Year	$95,398	PriorYearAmt
Current Year	$76,181	CurrentYearAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
CY Adj Net Income Distributable	$278,001	CYAdjNetIncomeDistributableAmt
CY Pct85 Adjusted Net Income	$236,301	CYPct85AdjustedNetIncomeAmt
CY Total Min Ast Distributable	$95,398	CYTotalMinAstDistributableAmt
CY Greater Adjusted Minimum	$236,301	CYGreaterAdjustedMinimumAmt
CY Income Tax Imposed PY	$0	CYIncomeTaxImposedPYAmt
CY Distributable As Adjusted	$236,301	CYDistributableAsAdjustedAmt

Distributions DistributionsGrp

Field	Value	IRS element (for citing)
CY Paid Accomplish Exempt Prps	$300,000	CYPaidAccomplishExemptPrpsAmt
CY Pd In Excess Income Activity	$0	CYPdInExcessIncomeActivityAmt
CY Administrative Expense Paid	$0	CYAdministrativeExpensePaidAmt
Exempt Use Assets Acquis Paid	$0	ExemptUseAssetsAcquisPaidAmt
Qualified Set Aside	$0	QualifiedSetAsideAmt
CY Other Distributions	$0	CYOtherDistributionsAmt
CY Total Annual Distributions	$300,000	CYTotalAnnualDistributionsAmt
CY Distri Attentive Suprt Org	$300,000	CYDistriAttentiveSuprtOrgAmt
CY Distributable As Adjusted	$236,301	CYDistributableAsAdjustedAmt
CY Distribution Yr	100.000000000000	CYDistributionYrRt

Distribution Allocations DistributionAllocationsGrp

Field	Value	IRS element (for citing)
CY Distributable As Adjusted	$236,301	CYDistributableAsAdjustedAmt
Underdistributions	$0	UnderdistributionsAmt
Excess Distribution Cyov Yr5	$250,000	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$250,000	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$250,000	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$250,000	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$2,260,000	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$3,260,000	TotalExcessDistributionCyovAmt
Cyov Applied Underdistri PY	$0	CyovAppliedUnderdistriPYAmt
Cyov Applied Underdistr CPY	$236,301	CyovAppliedUnderdistrCPYAmt
Carryover PY Not Applied	$13,699	CarryoverPYNotAppliedAmt
Excess Distribution Cyov	$3,010,000	ExcessDistributionCyovAmt
CY Total Annual Distributions	$300,000	CYTotalAnnualDistributionsAmt
CY Distrib App Underdistri PY	$0	CYDistribAppUnderdistriPYAmt
Excess Distribution	$300,000	ExcessDistributionAmt
Remaining Underdistri PY	$0	RemainingUnderdistriPYAmt
Remaining Underdistri CY	$0	RemainingUnderdistriCYAmt
Excess Distri Cyov To Next Yr	$3,310,000	ExcessDistriCyovToNextYrAmt
Excess From Year5	$250,000	ExcessFromYear5Amt
Excess From Year4	$250,000	ExcessFromYear4Amt
Excess From Year3	$250,000	ExcessFromYear3Amt
Excess From Year2	$2,260,000	ExcessFromYear2Amt
Excess From Year1	$300,000	ExcessFromYear1Amt

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE A, PAGE 5, SECTION D, LINE 3.

THE "SIGNIFICANT VOICE" TEST: - THE FOUNDATION'S OFFICERS AND BOARD OF DIRECTORS MAINTAIN AN ONGOING DIALOGUE WITH THE UNIVERSITY OF VIRGINIA'S (THE "UNIVERSITY") LEADERSHIP. THE BOARD OF THE FOUNDATION IS NORMALLY COMPOSED OF SIX TO SEVEN MEMBERS. ONE DIRECTOR IS APPOINTED BY THE SUPPORTED ORGANIZATION (UVA). ONE BOARD MEMBER IS A RETIRED PHYSICIAN FORMERLY AFFILIATED WITH THE SUPPORTED ORGANIZATION. THERE IS ALSO ANOTHER BOARD MEMBER THAT IS A TRUSTEE OF THE UNIVERSITY OF VIRGINIA'S HEALTH FOUNDATION, AS WELL AS TWO ADDITIONAL BOARD MEMBERS THAT ARE EMERITUS TRUSTEES. HAVING MULTIPLE BOARD MEMBERS WITH STRONG AFFILIATION WITH THE SUPPORTED ORGANIZATION PROVIDES FOR A "SIGNIFICANT VOICE" IN THE FOUNDATIONS ACTIVITIES. IN ADDITION, REPRESENTATIVES FROM THE UNIVERSITY ATTEND ALL FOUNDATION BOARD MEETINGS AND COMMUNICATE INFORMATION REGARDING VARIOUS NEEDS AND INITIATIVES OF THE UNIVERSITY. DUE TO THIS CLOSE WORKING RELATIONSHIP, THE UNIVERSITY HAS A SIGNIFICANT VOICE IN DIRECTING THE FOUNDATION'S INVESTMENT POLICIES, AND THE USE OF THE FOUNDATION'S INCOME AND ASSETS TO PROVIDE FUNDING TO THE UNIVERSITY OF VIRGINIA.

SCHEDULE A PAGE 7 PART 5 SECTION D LINE 8

ATTENTIVENESS THIS FOUNDATION HAS A LONG HISTORY OF SUPPORTING THE UNIVERSITY OF VIRGINIA IN SUBSTANTIAL AND IMPORTANT WAYS SINCE ITS FORMATION. IN 2006, THE FOUNDATION MADE A $45,000,000 GRANT TO THE UNIVERSITY TO PROVIDE "LEAD GIFT" SUPPORT FOR THREE NEW FACILITIES. A CANCER CENTER, A CHILDREN'S HOSPITAL, AND THE UVA IVY TRANSLATIONAL RESEARCH BUILDING, HAVE BEEN ACQUIRED OR CONSTRUCTED AND PLACED IN SERVICE BY THE UNIVERSITY MEDICAL CENTER. THESE SIGNIFICANT PERMANENT FACILITIES WILL POSITIVELY IMPACT IN A MAJOR WAY THE UNIVERSITY'S PATIENT CARE AND RESEARCH EFFORTS FOR MANY YEARS TO COME. IN 2020, THE FOUNDATION MADE A GIFT OF $2,000,000 TO SUPPORT CRITICAL RESEARCH ADDRESSING COVID-19 DIAGNOSIS, TREATMENT, VARIOUS DEVELOPMENT, AND HEALTHCARE WORKER PROTECTION. IN 2020 AND 2022, THE FOUNDATION MADE GIFTS TOTALING $35,000 IN SUPPORT OF CARDIOLOGY PHYSICIANS LEADERSHIP DEVELOPMENT. IN 2021 AND 2022, THE FOUNDATION MADE GIFTS TOTALING $115,000 TO SUPPORT STUDENT MENTAL HEALTH FELLOWSHIPS AND RESEARCH THROUGH THE CONTEMPLATIVE SCIENCES CENTER IN THE COLLEGE OF ARTS AND SCIENCES. IN ADDITION TO THE THESE GIFTS, SINCE 2008, THE FOUNDATION HAS PROVIDED $200,000 TO $250,000 ANNUALLY TO UVA TO PROVIDE FUNDING FOR A NUMBER OF SMALL RESEARCH PROJECTS UNDERTAKEN BY UVA STAFF. THIS FUNDING ALLOWS FOR THE INITIAL FUNDING FOR MANY IMPORTANT PROJECTS, WHICH MAY LATER BE CANDIDATES FOR LARGER GRANTS FROM NIH OR OTHER SPONSORS. THE AVAILABILITY OF THIS TYPE OF GRANT IS LIMITED. ACCORDINGLY, THE FOUNDATION FULFILLS AN IMPORTANT NICHE FOR RESEARCH AT THE UNIVERSITY OF VIRGINIA. THE SENIOR ASSOCIATE VICE PRESIDENT FOR HEALTH SYSTEM DEVELOPMENT AND EXECUTIVE DIRECTOR OF UVA HEALTH FOUNDATION REPORTS ON PROGRAMS TO THE FOUNDATION'S BOARD; SELECT GRANT RECIPIENTS ALSO PRESENT THEIR WORK. THE CONSISTENT AND ONGOING INVOLVEMENT OF HIGH LEVEL UVA LEADERSHIP IN THIS PROGRAM CLEARLY DEMONSTRATES THE IMPORTANCE OF THE FOUNDATION'S GRANTS TO RESEARCH EFFORTS AT THE UNIVERSITY.

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$472,844	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$111,263	NetUnrealizedGainsInvstAmt
Other Revenue	-$19,311	OtherRevenueAmt
Revenue Not Reported	$91,952	RevenueNotReportedAmt
Revenue Subtotal	$380,892	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$380,892	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$421,866	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$421,866	ExpensesSubtotalAmt
Other Expenses Not Included	$19,311	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$19,311	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$441,177	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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:	INVESTMENT MANAGEMENT FEES -19,311.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	INVESTMENT MANAGEMENT FEES 19,311.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	UNIVERSITY OF VIRGINIA MEDICAL RESEARCH-UVA	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	400 RAY C HUNT DRIVE	AddressLine1Txt
City	CHARLOTTESVILLE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22904	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	546001796	RecipientEIN
IRC Section	501(C)(3)	IRCSectionDesc
Cash Grant	$300,000	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Purpose Of Grant	PROVIDE FINANCIAL SUPPORT & PROGRAM SUPPORT FOR SCIENTIFIC RESEARCH AT UVA'S HEALTH SCIENCES CENTER.	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	THE FOUNDATION GETS REPORTS AND FEEDBACK FROM GRANT RECIPIENTS ON HOW THE GRANTS WERE USED. THE UNIVERSITY OF VIRGINIA REPRESENTATIVES ATTEND AND REPORT AT BOARD MEETINGS.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2	DR. ROBERT BATTLE, OFFICER, AND DR. MARTHA BATTLE, OFFICER, ARE HUSBAND AND WIFE.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS DISTRIBUTED TO BOARD MEMBERS A REASONABLE PERIOD BEFORE FILING. FEEDBACK FROM BOARD MEMBERS IS ENCOURAGED.
FORM 990, PART VI, SECTION B, LINE 12C	PURSUANT TO THE FOUNDATION'S BY-LAWS, THE FOUNDATION ENFORCES AND MONITORS OFFICERS, DIRECTORS, AND EMPLOYEES' COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY IN TWO WAYS: 1. OFFICERS, DIRECTORS, AND EMPLOYEES SIGN THE "CONFLICT OF INTEREST ACKNOWLEDGEMENT AND DISCLOSURE FORM" ATTESTING TO THEIR AWARENESS OF THE POLICY AS WELL AS THE PRESENCE AND/OR ABSENCE OF CONFLICT OF INTEREST. 2. OFFICERS, DIRECTORS, AND EMPLOYEES OF THE FOUNDATION ARE REQUIRED TO FULLY DISCLOSE ALL CONFLICTS OF INTEREST PROMPTLY.
FORM 990, PART VI, SECTION B, LINE 15	FORM 990, PART VI, SECT B, LINE 15: THE INDEPENDENT CONTRACTOR HIRED BY THE FOUNDATION IN 2020 WAS HIRED AS A FULL TIME EMPLOYEE IN 2021, WITH NO CHANGE IN COMPENSATION. SHE SERVES AS THE EXECUTIVE DIRECTOR OF THE FOUNDATION. THE FOUNDATION ALSO PAID SMALL STIPENDS TO DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 18	THE FOUNDATION'S INFORMATION IS AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION PROVIDES THOSE DOCUMENTS IN THE SAME MANNER AS PUBLIC INSPECTION OF THE FORM 990.
FORM 990, PART XI, QUESTION 2C: BOARD'S REVIEW OF AUDITED FINANCIALS	THERE WERE NO CHANGES IN THE BOARD'S REVIEW PROCESS FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	UNIVERSITY OF VIRGINIA MEDICAL RESEARCH - UVA	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	400 RAY C HUNT DRIVE	AddressLine1Txt
City	CHARLOTTESVILLE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22904	ZIPCd

Field	Value	IRS element (for citing)
EIN	546001796	EIN
Primary Activities	THE FOUNDATION PROVIDES GRANTS FOR SCIENTIFIC RESEARCH.	PrimaryActivitiesTxt
Legal Domicile State	VA	LegalDomicileStateCd
Exempt Code Section	501(C)(3)	ExemptCodeSectionTxt
Public Charity Status	LINE 6	PublicCharityStatusTxt
Controlled Organization	0	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (1)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd