2020-07-08T17:17:38-05:00 2019-06-30 560747981 DIXON HUGHES GOODMAN LLP 901 EAST CARY STREET SUITE 1000 RICHMOND VA 23219 990 2018-07-01 208608553 WILLIAM & MARY REAL ESTATE FOUNDATION WILL 7572217805 PO BOX 8795 WILLIAMSBURG VA 23187 SEAN HUGHES EXECUTIVE DIRECTOR 7572217805 2020-06-23 1 LAKRISHA J WATSON P01677333 8042827636 2020-06-23 141.152.52.24 2020-06-23 13:53:34 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 F5546B5B7CD38A446598DAD023256886AFA7EE0D 2018 2021-01-29 14:40:06Z SEAN HUGHES PO BOX 8795 WILLIAMSBURG VA 23187 3592131 0 X N/A X 2007 VA THE MISSION OF WILLIAM AND MARY REAL ESTATE FOUNDATION IS TO ACQUIRE, HOLD, MANAGE, SELL, LEASE, AND PARTICIPATE IN THE DEVELOPMENT OF REAL PROPERTIES IN SUPPORT OF THE EDUCATIONAL GOALS OF THE COLLEGE OF WILLIAM AND MARY IN VIRGINIA. 9 7 0 0 0 0 1142789 1363346 2082235 2222700 -30943 6085 0 0 3194081 3592131 506950 0 0 0 153730 162178 0 0 0 1444091 1498256 2104771 1660434 1089310 1931697 24505798 25891959 13324347 12778811 11181451 13113148 THE MISSION OF WILLIAM AND MARY REAL ESTATE FOUNDATION IS TO ACQUIRE, HOLD, MANAGE, SELL, LEASE AND PARTICIPATE IN THE DEVELOPMENT OF REAL PROPERTIES IN SUPPORT OF THE EDUCATIONAL GOALS OF THE COLLEGE OF WILLIAM AND MARY IN VIRGINIA. 0 0 1582516 2222700 MANAGEMENT OF REAL ESTATE ACTIVITIES FOR THE BENEFIT OF THE COLLEGE OF WILLIAM AND MARY'S PROGRAMS AND ACTIVITIES 1582516 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 10 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 7 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X WARREN WHITNEY & SHERWOOD 8042829566 203 HIGHLAND I 7231 FOREST AVENUE RICHMOND VA 23226 JOHN W GERDELMAN CHAIR (7/1/18-6/18/19) 0.30 X X 0 0 0 HENRY C WOLF CHAIR (6/18/19-6/30/19) 0.30 X X 0 0 0 HOWARD J BUSBEE VICE CHAIR 0.30 X X 0 0 0 SAMUEL E JONES TREASURER 0.30 40.00 X X 0 336441 62937 ANITA POSTON SECRETARY 0.30 X X 0 0 0 WILLIAM J KINIRY BOARD MEMBER 0.10 X 0 0 0 SUSAN F DEWEY BOARD MEMBER 0.10 X 0 0 0 KATHERINE A ROWE BOARD MEMBER 0.10 X 0 267847 34712 JODY FORSYTH BOARD MEMBER 0.10 X 0 0 0 NANCY BUCHANAN EXECUTIVE DIRECTOR (7/1/18-9/10/18) 40.00 X 57425 0 10975 SEAN HUGHES EXECUTIVE DIRECTOR (9/10/18-6/30/19) 40.00 X 44683 0 9051 102108 604288 117675 0 0 1 0 0 1363346 1363346 RENTAL INCOME 532000 2222700 2222700 2222700 6085 6085 3592131 2222700 0 6085 153521 122817 30704 8657 6926 1731 65940 65940 513 513 40700 40700 14877 14877 166330 166330 1603 1202 401 420607 420607 444780 444780 55724 55724 REPAIRS & MAINTENANCE 244162 244162 REAL ESTATE TAXES 21324 21324 MISCELLANEOUS 14602 10220 4382 COMMUNICATION SERVICES 7094 7094 1660434 1582516 77918 0 732376 780025 3363833 3288048 64464 161979 34957 35222 23821900 2390898 20255787 21431002 9642 3641 44739 192042 24505798 25891959 215316 157801 98072 100916 3919796 3756136 9033209 8763958 57954 0 13324347 12778811 X 11136712 13068409 44739 44739 11181451 13113148 24505798 25891959 1931697 0 X X 0 1 X 1 0 X X 2 THE COLLEGE OF WILLIAM & MARY 546001718 6 1 0 0 THE COLLEGE OF WILLIAM & MARY FOUNDATION 540734117 5 1 0 0 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5414153 5414153 18134768 2217859 15916909 272979 173039 99940 21431002 X 3592131 0 3592131 0 3592131 1660434 0 1660434 0 1660434 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA. TRIBE SQUARE, LLC, WMREF VENTURES I, LLC, RICHMOND HALL, LLC, AND JAMESTOWN 406408, LLC ARE DISREGARDED ENTITIES FOR TAX PURPOSES AND ARE INCLUDED IN THE FOUNDATION FILINGS. FISCAL YEARS ENDING ON OR AFTER JUNE 30, 2016 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. X 0 0 0 0 0 0 0 0 0 SAMUEL E JONES TREASURER 0 336441 0 0 0 0 0 44351 0 18586 0 399378 0 0 KATHERINE A ROWE BOARD MEMBER 0 267847 0 0 0 0 0 20625 0 14087 0 302559 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR'S ANNUAL COMPENSATION IS APPROVED BY THE BOARD. SCHEDULE J, PART II THE COMPENSATION OF SAMUEL E. JONES AND DR. KATHERINE A. ROWE ARE PAID BY THE COLLEGE OF WILLIAM & MARY (COLLEGE) FOR SERVICES PROVIDED TO THE COLLEGE. NONE OF THE COMPENSATION IS ATTRIBUTED TO SERVICES PROVIDED TO WILLIAM & MARY REAL ESTATE FOUNDATION. THE COMPENSATION IS ONLY BEING REPORTED BECAUSE THE COLLEGE IS A RELATED PARTY OF WILLIAM & MARY REAL ESTATE FOUNDATION. A ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF WILLIAMSBURG VA 546001680 2011-09-16 5000000 TO FINANCE THE STUDENT HOUSING PORTION OF TRIBE SQUARE. 0 0 0 A 1243864 5000000 173081 4826919 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF THE COLLEGE OF WILLIAM & MARY (COLLEGE) SHALL BE AN EX OFFICIO DIRECTOR AND SHALL BE ENTITLED TO VOTE. ONE (1) VICE PRESIDENT OF THE COLLEGE SHALL BE APPOINTED AS A DIRECTOR OF THE FOUNDATION BY THE PRESIDENT OF THE COLLEGE, TWO (2) DIRECTORS SHALL BE APPOINTED BY THE BOARD OF VISITORS OF THE COLLEGE, AND TWO (2) DIRECTORS SHALL BE APPOINTED BY THE BOARD OF TRUSTEES OR THE EXECUTIVE COMMITTEE OF THE COLLEGE OF WILLIAM & MARY FOUNDATION (THE "COLLEGE FOUNDATION"). AT THE INITIAL ANNUAL MEETING AND ALTERNATING MEETINGS THEREAFTER, THE BOARD SHALL ELECT THREE (3) DIRECTORS (THE "PUBLIC DIRECTORS"), WHO SHALL NOT BE MEMBERS OF THE BOARD OF VISITORS OF THE COLLEGE, OFFICIALS OF THE COLLEGE OR MEMBERS OF THE BOARD OF TRUSTEES OF THE COLLEGE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR AND TREASURER REVIEW A DRAFT COPY OF THE 990. UPON THEIR APPROVAL, THE DRAFT IS SENT TO THE AUDIT COMMITTEE FOR APPROVAL FOR ISSUANCE. A COPY OF THE FINAL 990 IS PROVIDED TO THE FULL BOARD PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT CONDUCTS PERIODIC REVIEWS AND IF NEED BE, USE OUTSIDE ADVISORS FOR ASSISTANCE. PERIODIC REVIEWS INCLUDE, BUT ARE NOT LIMITED TO ASSURING THAT TRANSACTIONS AND CONTRACT AGREEMENTS ENTERED INTO BY THE FOUNDATION CONFORM WITH WRITTEN POLICIES AND ARE PROPERLY RECORDED. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S ANNUAL COMPENSATION IS APPROVED BY THE BOARD. THE ORGANIZATION HAS NO OTHER OFFICERS OR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 MANAGEMENT ENTERTAINS REQUESTS TO VIEW THEIR CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS TO INTERESTED PARTIES. PART XII, LINE 2C OVERSIGHT OF ANNUAL AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT IS THE RESPONSIBILITY OF THE AUDIT COMMITTEE. TRIBE SQUARE LLC PO BOX 8795 WILLIAMSBURG VA 23187 208608553 OWNING AND MANAGING REAL ESTATE VA 599122 7450912 WILLIAM & MARY REAL ESTATE FOUNDATION WMREF VENTURES I LLC PO BOX 8795 WILLIAMSBURG VA 23187 352526867 OWNING AND MANAGING REAL ESTATE VA 421980 4076222 WILLIAM & MARY REAL ESTATE FOUNDATION RICHMOND HALL LLC PO BOX 8795 WILLIAMSBURG VA 23187 384031169 OWNING AND MANAGING STUDENT HOUSING VA 1208146 8039077 WILLIAM & MARY REAL ESTATE FOUNDATION JAMESTOWN 406408 LLC PO BOX 8795 WILLIAMSBURG VA 23187 208608553 OWNING AND DEVELOPING REAL ESTATE VA 0 344000 WILLIAM & MARY REAL ESTATE FOUNDATION THE COLLEGE OF WILLIAM AND MARY PO BOX 8795 WILLIAMSBURG VA 231878795 546001718 HIGHER EDUCATION VA STATE GOVERNMENT LINE 6 N/A 0 THE COLLEGE OF WILLIAM & MARY FOUNDATION PO BOX 8795 WILLIAMSBURG VA 231878795 540734117 DEVELOPMENT AND SUPPORT SERVICES VA 501(C)(3) LINE 5 N/A 0 0 0 1 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1