2019-05-10T10:06:31-05:00 2018-06-30 540618213 HANTZMON WIEBEL LLP CPA'S 818 E JEFFERSON ST PO BOX 1408 CHARLOTTESVILLE VA 22902 990 2017-07-01 311620682 THE MONTPELIER FOUNDATION MONT 5406722728 PO BOX 911 ORANGE VA 22960 MR DOUG TROUT EXECUTIVE VICE PRESIDENT 5406722728 2019-05-03 1 MATTHEW J DEAN P00961509 4342962156 216.30.185.162 2019-05-03 07:55:41 ED P BDD1C4C7ED33395DA2509B63BF26BF8BA0AAE447 C6923695A7E3605A6C1AB49B8A51EAB3BC668A4E 2017 2019-02-21 02:37:17Z MR DOUG TROUT PO BOX 911 ORANGE VA 22960 7280835 0 X WWW.MONTPELIER.ORG X 1998 VA TO INSPIRE CONTINUING PUBLIC ENGAGEMENT WITH AMERICAN CONSTITUTIONAL SELF-GOVERNMENT BY BRINGING TO LIFE THE HOME AND CONTRIBUTIONS OF JAMES AND DOLLEY MADISON. 22 22 174 82 9420 0 5234458 4545800 1811454 1551032 438962 269006 563911 557695 8048785 6923533 0 0 0 0 5650785 5573708 0 0 1649296 5845733 5293977 11496518 10867685 -3447733 -3944152 39963701 36112322 10496486 10052098 29467215 26060224 X MONTPELIER EMBRACES ITS UNIQUE IDENTITY AS A MONUMENT TO JAMES MADISON, A MUSEUM OF AMERCIAN 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. AS THE LIFELONG HOME OF JAMES MADISON, FATHER OF THE CONSITUTION AND ARCHITECT OF THE BILL OF RIGHTS, MONTPELIER'S MISSION IS TO COMMUNICATE MADISON'S ROLE IN CREATING OUR MODERN, DEMOCRATIC GOVERNMENT. 0 0 7433019 1678604 MONTPELIER IS THE NATIONAL "MONUMENT" TO JAMES MADISON, ALLOWING THE PUBLIC TO VISIT AND LEARN ABOUT THE LIFE AND HISTORY OF MADISON, HIS WIFE DOLLEY, AND MONTPELIER'S ENSLAVED COMMUNITY. MONTPELIER SITS ON 2,650 ACRES OF AGRICULTURAL LAND, PASTURES, MEADOWS, TRAILS, OLD-GROWTH FOREST, FORMAL GARDENS, AND ARCHITECTURAL LANDSCAPING. TO INFORM ITS VISITORS, MONTPELIER OFFERS A VARIETY OF (I) DAILY AND SPECIALTY HOUSE TOURS: THE SIGNATURE TOUR, MADISON AND THE CONSTITUTION, DOLLEY MADISON AND THE WOMEN OF MONTPELIER, DISCOVERING MONTPELIER: A FAMILY FRIENDLY TOUR, MEET THE MADISONS, CIVIL WAR, AND PRIVATE TOURS; AND (II) OUTDOOR WALKING TOURS: MONTPELIER'S ENSLAVED COMMUNITY, THE HISTORIC LANDSCAPE, JOURNEY FROM SLAVERY TO FREEDOM, BIG WOODS WALK, WORKING WOODS WALK, AND CIVIL WAR TRAIL AND GILMORE FARM. THE DAVID M. RUBENSTEIN CENTER HOUSES THE DUPONT AND TREASURES OF MONTPELIER GALLERIES, THE EXCHANGE CAFE, THE POTTER THEATER, AND A MUSEUM SHOP THAT OFFERS LOCALLY-SOURCED PRODUCTS AND AN IMPRESSIVE BOOK SELECTION. OTHER AREAS ON THE PROPERTY THAT ARE OPEN TO THE PUBLIC INCLUDE THE ARCHAEOLOGY LAB AND ACTIVE ARCHAEOLOGICAL DIG SITES, THE MADISON FAMILY AND SLAVE CEMETERIES, MR. MADISON'S TEMPLE, CIVIL WAR HUTS AND TRAILS, THE GILMORE CABIN, AND THE 1910 TRAIN DEPOT. 367991 MONTPELIER POSSESSES TWO HISTORIC STRUCTURES ASSOCIATED WITH JAMES MADISON: THE HOUSE AND THE TEMPLE. THANKS TO A GENEROUS $10 MILLION GIFT FROM PHILANTHROPIST DAVID M. RUBENSTEIN; AND WITH THE CREATION OF A NEW DEPARTMENT OF PRESERVATION AND ARCHITECTURAL RESTORATION AND IN CONCERT WITH THE ARCHAEOLOGY, COLLECTIONS, AND EDUCATION & VISITOR ENGAGEMENT DEPARTMENTS, MONTPELIER IS MOVING FORWARD TO FULLY RESTORE, INTERPRET, AND MAINTAIN THESE STRUCTURES. TASKS INCLUDE RESEARCHING, ACQUIRING AND PRESERVING MADISON-ERA CURATORIAL OBJECTS, RESTORING THE TEMPLE ROOF, AND EXCAVATING THE TEMPLE ICE HOUSE. AS PART OF THE RUBENSTEIN INITIATIVE, IN 2016 MONTPELIER CONCLUDED THE MAJORITY OF ITS EXCAVATION OF THE SOUTH YARD - DOMESTIC SLAVE QUARTERS - STRUCTURES THAT WERE IN PLACE DURING MADISON'S RETIREMENT YEARS AND, IN 2016, BEGAN CONSTRUCTION OF REPRODUCTIONS OF THE STRUCTURES. THESE BUILDINGS INCLUDE TWO DUPLEXES, TWO SMOKEHOUSES, AND A KITCHEN. THE STRUCTURES, TOGETHER WITH THE TWO CELLAR KITCHENS IN THE HOUSE, FIGURE PROMINENTLY IN MONTPELIER'S "THE MERE DISTINCTION OF COLOUR" EXHIBIT THAT OPENED ON JUNE 4, 2017. 387017 206434 THE ROBERT H. SMITH CENTER FOR THE CONSTITUTION, A PREMIUM CONSTITUTIONAL TRAINING CENTER, OFFERS WORLD-CLASS ONSITE AND WEB-ENABLED MULTI-DAY, IMMERSIVE CLASSES ON CONSTITUTIONAL PRINCIPLES FOR TEACHERS, LAW ENFORCEMENT OFFICERS, ELECTED OFFICIALS, INTERNATIONAL LEADERS, AND OTHER CONSTITUTIONAL PRACTITIONERS.SINCE 2003, THE CENTER HAS WORKED WITH MORE THAN 50,000 PEOPLE FROM ALL 50 STATES AND OVER 100 COUNTRIES. ITS ROLE IN "WE THE PEOPLE," AN INSTRUCTIONAL PROGRAM ON THE PRINCIPLES OF THE U.S. CONSTITUTION AND THE BILL OF RIGHTS FOR ELEMENTARY, MIDDLE, AND HIGH SCHOOL STUDENTS, PROVIDED AN OPPORTUNITY FOR MORE THAN 2,000 STUDENTS AND ADVISORS TO GAIN A GREATER UNDERSTANDING OF THE PRINCIPLES AND VALUES ON WHICH OUR POLITICAL INSTITUTIONS ARE BASED. WORKING WITH PARTNERS LIKE THE PRESIDENTIAL PRECINCT AND THE U.S. DEPARTMENT OF STATE, MONTPELIER HAS DEMONSTRATED ITS ATTRACTIVENESS AS A TRAINING RESOURCE FOR INTERNATIONAL GROUPS EXPLORING CONSTITUTIONAL THEMES. THE COMPLETION OF CLAUDE MOORE HALL, WHICH OFFERS A STATE-OF-THE-ART MULTIMEDIA CLASSROOM, STAFF OFFICES, AND DIGITAL PRODUCTION STUDIOS, EXPANDS THE FOOTPRINT OF MONTPELIER BY ADDING NEW MEDIA PRODUCTION AND POST-PRODUCTION CAPACITY AND A STUDIO THAT WILL BOLSTER ITS ABILITY TO CREATE AND DISSEMINATE MULTIMEDIA CONTENT. THE 6,800-SQUARE FOOT SPACE WILL ENABLE STAFF TO RECORD AND BROADCAST LECTURES, PROGRAMS, AND PODCASTS LED BY THE SCHOLARS AND PRACTITIONERS WHO TEACH AT MONTPELIER'S CONSTITUTIONAL EDUCATION PROGRAMS THROUGHOUT THE YEAR, EXTENDING THE CENTER'S REACH TO AUDIENCES ACROSS THE NATION AND AROUND THE WORLD. 8188027 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 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 102 0 174 1 1 1 0 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 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 MONTPELIER FOUNDATION INC 5406722728 PO BOX 911 ORANGE VA 22960 MRS FLORENCE BRYAN FOWLKES DIRECTOR 2.00 X 0 0 0 MS NANCY N CAMPBELL CHAIRMAN EMERITA 2.00 X 0 0 0 MR ARTHUR H BRYANT JR DIRECTOR 2.00 X 0 0 0 MR DENNIS A KERNAHAN CHAIRMAN 10.00 X X 0 0 0 MR LEIGH B MIDDLEDITCH JR DIRECTOR 2.00 X 0 0 0 DR EUGENE W HICKOK VICE CHAIRMAN 5.00 X X 0 0 0 DR DENNIS M CAMPBELL DIRECTOR 5.00 X 0 0 0 MRS GAIL SERFATY DIRECTOR 2.00 X 0 0 0 MS PATRICIA CROWE SECRETARY 5.00 X X 0 0 0 PROFESSOR JACK N RAKOVE DIRECTOR 2.00 X 0 0 0 MR ROBERT A LEATH DIRECTOR 2.00 X 0 0 0 MR FRANK QIU DIRECTOR 2.00 X 0 0 0 PROFESSOR ALAN TAYLOR DIRECTOR 2.00 X 0 0 0 MS MARGARET H JORDAN VICE CHAIRMAN 2.00 X X 0 0 0 MS LINDA C GIBSON DIRECTOR 2.00 X 0 0 0 MR JOHN ADAMS DIRECTOR 2.00 X 0 0 0 MR FRANCOIS L BAIRD TREASURER 10.00 X X 0 0 0 MR DAVID T DREIER DIRECTOR 2.00 X 0 0 0 MR PAUL W EDMONDSON DIRECTOR 2.00 X 0 0 0 MS STACEY ZOLT HARA DIRECTOR 2.00 X 0 0 0 MR FRANK B ATKINSON DIRECTOR 2.00 X 0 0 0 MRS PAMELA F EDMONDS DIRECTOR 2.00 X 0 0 0 MS KAT IMHOFF PRESIDENT & CEO 35.00 X 220339 0 46564 DR SEAN O'BRIEN EXECUTIVE VP & COO 35.00 X 185791 0 10332 DR ELIZABETH VASSA CHEW VP MUSEUM PROGRAMS 35.00 X 165347 0 6614 CHARLES D SMITH VP CONSTITUTION CENTER 35.00 X 121930 0 11627 MS ELIZABETH H VON HASSELL DIRECTOR OF MAJOR GIFTS 35.00 X 101820 0 6073 795227 0 81210 5 0 1 0 NORTHERN LIGHT PRODUCTIONS 300 WESTERN AVENUE 2ND FLOOR BOSTON MA 02134 EXHIBIT PRODUCTION 367040 MYSTIC SCENIC STUDIO INC 293 LENOX STREET NORWOOD MA 02062 EXHIBIT PRODUCTION 291120 S3 INTEGRATION LLC 3532 MAYLAND COURT HENRICO VA 23233 SECURITY SYSTEM UPGRADE 196697 MOBELUX LLC 1635 W BROAD STREET RICHMOND VA 23220 WEBSITE UPGRADES AND MAINTENANCE 194975 DANIEL J EDELMAN INC 250 HUDSON STREET NEW YORK NY 10013 PUBLIC RELATIONS 194442 9 4545800 681774 4545800 ADMISSIONS 900099 1180341 1180341 CONSTITUTIONAL STUDIES 900099 206434 206434 164257 164257 1551032 269006 269006 164362 0 164362 164362 164362 116245 66338 49907 49907 634390 290964 343426 334006 9420 6923533 1885038 9420 483275 424535 132070 103779 188686 3876673 2981010 326210 569453 944987 666810 98990 179187 327513 237044 32741 57728 6368 451 5917 56124 35211 20322 591 930872 739415 62315 129142 413608 310997 9540 93071 221168 131321 12511 77336 276962 261845 7601 7516 133120 96023 12103 24994 683948 397107 33001 253840 258248 248984 7110 2154 1285786 1026195 241347 18244 120412 116096 3291 1025 CONSTRUCTION AND EQUIPM 589123 586777 1134 1212 COLLECTION PURCHASE AND 367991 367991 REPAIRS AND MAINTENANCE 329071 321848 7223 CAPITAL EXPENSE TRANSFE -666945 -664683 -1239 -1023 288121 195966 51932 40223 10867685 8188027 1030362 1649296 154356 1104479 207026 120338 4949614 1204226 256886 271225 22968 117119 30253382 8859078 21836663 21394304 635194 10621923 11063378 1279071 837253 39963701 36112322 365504 299872 9729 68538 8996266 9002222 120959 87317 1004028 594149 10496486 10052098 X 13819992 12644527 11516323 9284797 4130900 4130900 29467215 26060224 39963701 36112322 X -3944152 538289 -1128 X X 0 1 X 1 0 X 1157786 8941321 7935585 5234458 4545800 27814950 1157786 8941321 7935585 5234458 4545800 27814950 7338973 20475977 124594 271745 283185 223771 433368 1336663 29151613 8549107 0.70240 0.68210 X X X 0 0 10921909 0 808100 430880 40227 11258902 9821309 400000 1161653 435851 25202 10921909 9044250 1500900 -251899 440280 31662 9821309 9419878 250000 -177366 410395 37867 9044250 8732257 250000 654978 197860 19497 9419878 0.30000 0.37000 0.33000 1 0 4320187 327926 3992261 22395565 6359834 16035731 2256021 1318898 937123 1281609 852420 429189 21394304 NATIONAL TRUST POOLED INVESTMENTS 11063378 F 11063378 CAPITAL LEASE PAYABLE 124284 ACCRUED WAGES AND VACATION 371534 SECURITY DEPOSITS 35733 OTHER LIABILITIES 62598 594149 X 7469867 538289 8045 546334 6923533 0 6923533 10876858 9173 9173 10867685 0 10867685 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 -1,128. FUNDRAISING EXPENSES NETTED ON 990 9,173. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED ON 990 9,173. DOLLEY MADISON LEGACY LUNCHEON 116245 116245 37714 19076 2000 7548 116245 116245 37714 19076 2000 7548 66338 49907 X 1 1 X 0 0 0 0 0 0 0 0 0 MS KAT IMHOFF PRESIDENT & CEO 220339 0 0 0 0 0 8814 0 37750 0 266903 0 0 0 DR SEAN O'BRIEN EXECUTIVE VP & COO 185791 0 0 0 0 0 7432 0 2900 0 196123 0 0 0 DR ELIZABETH VASSA CHEW VP MUSEUM PROGRAMS 165347 0 0 0 0 0 6614 0 0 0 171961 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, 2018, THE ESTIMATED MARKET VALUE OF THE HOUSING PROVIDED IS $30,000 AND THE COST OF UTILITIES PROVIDED WAS $4,106. 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 18 681774 FAIR MARKET VALUE X 7 0 NOT APPLICABLE 0 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 B, LINE 11B ON BEHALF OF THE BOARD, THE FINANCE COMMITTEE RECEIVES, REVIEWS, AND DISCUSSES THE 990 WITH MANAGEMENT AND THE INDEPENDENT AUDITORS. SUBSEQUENT TO THAT, THE FOUNDATION PROVIDES A DRAFT COPY OF THE 990 TO ALL BOARD MEMBERS PRIOR TO 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 -1,128. FORM 990, PAGE 12, LINE 2C A DRAFT COPY OF THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS PRIOR TO ACCEPTANCE. ALSO, THE FINANCE 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. SCHEDULE A, PART II IN A PRIOR PERIOD, THE FOUNDATION CHANGED ITS FISCAL YEAR FROM A CALENDAR YEAR TO A FISCAL YEAR ENDED JUNE 30. THE PAST FIVE PERIODS ON THE SCHEDULE A ARE AS FOLLOWS: 2017 - JULY 1, 2017 THROUGH JUNE 30, 2018 2016 - JULY 1, 2016 THROUGH JUNE 30, 2017 2015 - JULY 1, 2015 THROUGH JUNE 30, 2016 2014 - JULY 1, 2014 THROUGH JUNE 30, 2015 2013 - JANUARY 1, 2014 THROUGH JUNE 30, 2014 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