RICHARD BLAND COLLEGE FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
RICHARD BLAND COLLEGE FOUNDATION INC (EIN 51-0227721)
Tax period
2024-07-01 to 2025-06-30
Filed
2025-11-18
IRS object ID
202543229349302654
Schema version
2024v5.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-18T14:56:50-06:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN540504608PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BROWN EDWARDS & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1701 TOWN CENTER DRIVE SUITE 700AddressLine1Txt
CityNEWPORT NEWSCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23606ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN510227721EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RICHARD BLAND COLLEGE FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRICHBusinessNameControlTxt
Phone8048626200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111301 JOHNSON ROADAddressLine1Txt
CityPETERSBURGCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23805ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMELISSA MAHONEY MACC ABA CEAPersonNm
Person TitleASSISTANT CONTROLLERPersonTitleTxt
Phone8048626200PhoneNum
Signature2025-10-28SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJACOB REEVESPreparerPersonNm
PTINP01875186PTIN
Phone7578731033PhoneNum
Preparation2025-10-28PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMELISSA MAHONEY MACC ABPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line111301 JOHNSON ROADAddressLine1Txt
CityPETERSBURGCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23805ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,345,292GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.RBC.EDU/ALUMNI-FRIENDS/FOUNDATIONWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1978FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionTO AID, STRENGTHEN, AND EXTEND IN EVERY PROPER AND USEFUL MANNER THE WORK, SERVICE, AND OBJECTIVES OF RICHARD BLAND COLLEGE.ActivityOrMissionDesc
Voting Members Governing Body24VotingMembersGoverningBodyCnt
Voting Members Independent24VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$439,098PYContributionsGrantsAmt
CY Contributions Grants$596,263CYContributionsGrantsAmt
PY Program Service Revenue$678,086PYProgramServiceRevenueAmt
CY Program Service Revenue$645,465CYProgramServiceRevenueAmt
PY Investment Income$453,942PYInvestmentIncomeAmt
CY Investment Income$392,651CYInvestmentIncomeAmt
PY Other Revenue$325,413PYOtherRevenueAmt
CY Other Revenue$592,064CYOtherRevenueAmt
PY Total Revenue$1,896,539PYTotalRevenueAmt
CY Total Revenue$2,226,443CYTotalRevenueAmt
PY Grants And Similar Paid$353,394PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$507,062CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$25,219CYTotalFundraisingExpenseAmt
PY Other Expenses$1,163,669PYOtherExpensesAmt
CY Other Expenses$1,117,352CYOtherExpensesAmt
PY Total Expenses$1,517,063PYTotalExpensesAmt
CY Total Expenses$1,624,414CYTotalExpensesAmt
PY Revenues Less Expenses$379,476PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$602,029CYRevenuesLessExpensesAmt
Total Assets BOY$25,655,103TotalAssetsBOYAmt
Total Assets EOY$26,299,751TotalAssetsEOYAmt
Total Liabilities BOY$17,205,076TotalLiabilitiesBOYAmt
Total Liabilities EOY$16,809,465TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,450,027NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,490,286NetAssetsOrFundBalancesEOYAmt
MissionTO AID, STRENGTHEN, AND EXTEND IN EVERY PROPER AND USEFUL MANNER THE WORK, SERVICE, AND OBJECTIVES OF RICHARD BLAND COLLEGE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$190,823ExpenseAmt
Grant$190,823GrantAmt
DescSCHOLARSHIPS AND FINANCIAL AID FOR STUDENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,284,715ExpenseAmt
Grant$316,239GrantAmt
Revenue$1,215,848RevenueAmt
DescDISTRIBUTIONS TO AND IN SUPPORT OF RICHARD BLAND COLLEGE.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,475,538TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members24GoverningBodyVotingMembersCnt
Independent Voting Member24IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MELISSA MAHONEY MACC ABA CEABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8048626100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line111301 JOHNSON ROADAddressLine1Txt
CityPETERSBURGCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23805ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JEFFREY M BRITT
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
MEGAN SAMFORD
VICE-CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
WILL CLEMENTS
TREASURER1.00Yes (X)Yes (X)$0$0$0
BARRETT CHAPPELL
DIRECTOR1.00Yes (X)$0$0$0
TONI CLARK
DIRECTOR1.00Yes (X)$0$0$0
JILL COLEMAN
SECRETARY1.00Yes (X)Yes (X)$0$0$0
AMY EVERETT
DIRECTOR1.00Yes (X)$0$0$0
BRENDA HICKS
DIRECTOR1.00Yes (X)$0$0$0
MARTIN JOHNSON
DIRECTOR1.00Yes (X)$0$0$0
KEVIN MASSENGILL
DIRECTOR1.00Yes (X)$0$0$0
SAMUEL PARHAM
DIRECTOR1.00Yes (X)$0$0$0
SEAN ROBERTSON
DIRECTOR1.00Yes (X)$0$0$0
BERNARD ROBINSON
DIRECTOR1.00Yes (X)$0$0$0
WERT SMITH JR
DIRECTOR1.00Yes (X)$0$0$0
MARK H STEVENS
DIRECTOR1.00Yes (X)$0$0$0
JAMES K BEAZLEY III
DIRECTOR1.00Yes (X)$0$0$0
BRANDON P BUTTERWORTH
DIRECTOR1.00Yes (X)$0$0$0
KRIS CRAVEY
DIRECTOR1.00Yes (X)$0$0$0
TANYEA DARRISAW
DIRECTOR1.00Yes (X)$0$0$0
BASIL O DOSUNMU
DIRECTOR1.00Yes (X)$0$0$0
JOHN EMERY
DIRECTOR1.00Yes (X)$0$0$0
ANGELA KELLY-WIECEK
DIRECTOR1.00Yes (X)$0$0$0
JOHN MAZZA
DIRECTOR1.00Yes (X)$0$0$0
DENNIS MCDERMOTT
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$596,263AllOtherContributionsAmt
Total Contributions$596,263TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescDIRECT FINANCING LEASEDesc
Business525990BusinessCd
Total Revenue Column$645,465TotalRevenueColumnAmt
Related Or Exempt Func Income$645,465RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$645,465TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$230,923TotalRevenueColumnAmt
Exclusion$230,923ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$252,700SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$90,972SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$161,728SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$161,728TotalRevenueColumnAmt
Exclusion$161,728ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$49,558FundraisingGrossIncomeAmt
Fundraising Direct Expenses$27,877FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,681TotalRevenueColumnAmt
Exclusion$21,681ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MANAGEMENT FEE INCOME541610$459,000$459,000
OTHER INCOME900099$111,383$111,383
FieldValueIRS element (for citing)
Other Revenue Total$570,383OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,226,443TotalRevenueColumnAmt
Related Or Exempt Func Income$1,215,848RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$414,332ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$316,239TotalAmt
Program Services$316,239ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$190,823TotalAmt
Program Services$190,823ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$35,000TotalAmt
Program Services$21,944ProgramServicesAmt
Management And General$8,303ManagementAndGeneralAmt
Fundraising$4,753FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$14,140TotalAmt
Management And General$14,140ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$26,899TotalAmt
Management And General$26,899ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$24,990TotalAmt
Program Services$24,990ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$74,754TotalAmt
Program Services$38,628ProgramServicesAmt
Management And General$36,126ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$84,244TotalAmt
Program Services$84,244ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,720TotalAmt
Program Services$3,851ProgramServicesAmt
Fundraising$2,869FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$22,427TotalAmt
Management And General$5,613ManagementAndGeneralAmt
Fundraising$16,814FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$14,235TotalAmt
Program Services$9,515ProgramServicesAmt
Management And General$4,720ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$660,499TotalAmt
Program Services$660,499ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$9,222TotalAmt
Program Services$9,222ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,506TotalAmt
Program Services$5,506ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FOOD, BEVERAGE, AND ENT$63,165$56,445$6,670$50
SUPPLIES$32,654$21,492$10,360$802
BOOKS, SUBSCRIPTIONS, R$22,379$17,492$4,887
FACILITIES & EQUIPMENT$11,606$11,606

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$8,912TotalAmt
Program Services$3,042ProgramServicesAmt
Management And General$5,939ManagementAndGeneralAmt
Fundraising-$69FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,624,414TotalAmt
Program Services$1,475,538ProgramServicesAmt
Management And General$123,657ManagementAndGeneralAmt
Fundraising$25,219FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$131,517BOYAmt
EOY$299,143EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$42,901BOYAmt
EOY$455,115EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,050BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$16,216EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$64,560LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$33,644LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$40,138BOYAmt
EOY$30,916EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$8,028,447BOYAmt
EOY$8,599,652EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$17,147,588BOYAmt
EOY$16,241,009EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$263,462BOYAmt
EOY$657,700EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$25,655,103BOYAmt
EOY$26,299,751EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$125,657BOYAmt
EOY$116,506EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$3,770BOYAmt
EOY$8,538EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,038,587BOYAmt
EOY$16,137,755EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$37,062BOYAmt
EOY$546,666EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,205,076BOYAmt
EOY$16,809,465EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$213,759BOYAmt
EOY$352,591EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,236,268BOYAmt
EOY$9,137,695EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,450,027BOYAmt
EOY$9,490,286EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$25,655,103BOYAmt
EOY$26,299,751EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$602,029ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$438,230NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$174,301CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$221,749CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$201,526CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$439,098CurrentTaxYearMinus1YearAmt
Current Tax Year$596,263CurrentTaxYearAmt
Total$1,632,937TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$165,262CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$172,430CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$193,918CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$223,683CurrentTaxYearMinus1YearAmt
Current Tax Year$251,930CurrentTaxYearAmt
Total$1,007,223TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$339,563CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$394,179CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$395,444CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$662,781CurrentTaxYearMinus1YearAmt
Current Tax Year$848,193CurrentTaxYearAmt
Total$2,640,160TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$2,640,160PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$214,191CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$932,222CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$400,838CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$453,942CurrentTaxYearMinus1YearAmt
Current Tax Year$230,923CurrentTaxYearAmt
Total$2,232,116TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$17,262CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$26,327CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$55,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$116,885CurrentTaxYearMinus1YearAmt
Current Tax Year$111,383CurrentTaxYearAmt
Total$326,857TotalAmt
FieldValueIRS element (for citing)
Total Support$5,199,133TotalSupportAmt
Gross Receipts Rltd Activities$2,820,305GrossReceiptsRltdActivitiesAmt
Public Support CY1700.50780PublicSupportCY170Pct
Public Support PY1700.48880PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$14,915AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets Sale0SolicitedAssetsSaleInd
Agent Trustee Etc0AgentTrusteeEtcInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$8,056,223BeginningYearBalanceAmt
Contributions$66,906ContributionsAmt
Investment Earnings Or Losses$805,437InvestmentEarningsOrLossesAmt
Other Expenditures$279,401OtherExpendituresAmt
End Year Balance$8,649,165EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$7,420,196BeginningYearBalanceAmt
Contributions$38,115ContributionsAmt
Investment Earnings Or Losses$912,205InvestmentEarningsOrLossesAmt
Other Expenditures$314,293OtherExpendituresAmt
End Year Balance$8,056,223EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,968,795BeginningYearBalanceAmt
Contributions$32,770ContributionsAmt
Investment Earnings Or Losses$666,561InvestmentEarningsOrLossesAmt
Other Expenditures$247,930OtherExpendituresAmt
End Year Balance$7,420,196EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$8,283,233BeginningYearBalanceAmt
Contributions$25,640ContributionsAmt
Investment Earnings Or Losses-$1,164,785InvestmentEarningsOrLossesAmt
Other Expenditures$175,293OtherExpendituresAmt
End Year Balance$6,968,795EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,618,877BeginningYearBalanceAmt
Contributions$33,370ContributionsAmt
Investment Earnings Or Losses$1,777,310InvestmentEarningsOrLossesAmt
Other Expenditures$146,324OtherExpendituresAmt
End Year Balance$8,283,233EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.54330PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.45670TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$64,560OtherCostOrOtherBasisAmt
Depreciation$33,644DepreciationAmt
Book Value$30,916BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$30,916TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescINVESTMENT IN DIRECT FINANCING LEASEDesc
Book Value$16,241,009BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$16,241,009TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO OTHER FUNDSDesc
Amt$546,666Amt
FieldValueIRS element (for citing)
Total Liability$546,666TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,891,613TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$438,230NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$251,930DonatedServicesAndUseFcltsAmt
Revenue Not Reported$690,160RevenueNotReportedAmt
Revenue Subtotal$2,201,453RevenueSubtotalAmt
Investment Expenses Not Incld$24,990InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$24,990RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,226,443TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,851,354TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$251,930DonatedServicesUseFcltsAmt
Expenses Not Reported$251,930ExpensesNotReportedAmt
Expenses Subtotal$1,599,424ExpensesSubtotalAmt
Investment Expenses Not Incld2$24,990InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$24,990ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,624,414TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 4:COLLECTION OF ANTIQUE FURNITURE
PART V, LINE 4:ENDOWMENT FUNDS ARE HELD PERMANENTELY; THE INCOME FROM WHICH IS TO BE USED TO PROVIDE SCHOLARSHIPS TO STUDENTS OF RICHARD BLAND COLLEGE.
PART X, LINE 2:THE FOUNDATION HAS ADOPTED THE ACCOUNTING STANDARD REGARDING "ACCOUNTING FOR UNCERTAIN TAX POSITIONS". THIS ACCOUNTING STANDARD PROVIDES DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN THE FOUNDATION'S FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1PECAN FESTIVALEvent1Nm
Gross Receipts Event1$30,785GrossReceiptsEvent1Amt
Gross Revenue Event1$30,785GrossRevenueEvent1Amt
Other Direct Expenses Event1$23,642OtherDirectExpensesEvent1Amt
Event2FOUNDERS DAY FESTIVALEvent2Nm
Gross Receipts Event2$18,773GrossReceiptsEvent2Amt
Gross Revenue Event2$18,773GrossRevenueEvent2Amt
Other Direct Expenses Event2$4,235OtherDirectExpensesEvent2Amt
Gross Receipts Total$49,558GrossReceiptsTotalAmt
Gross Revenue Total Events$49,558GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$27,877OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$27,877DirectExpenseSummaryEventsAmt
Net Income Summary$21,681NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1RICHARD BLAND COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line111301 JOHNSON RDAddressLine1Txt
CityPETERSBURGCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23805ZIPCd
FieldValueIRS element (for citing)
Recipient EIN546026876RecipientEIN
Cash Grant$316,239CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantBUSINESS EXPENSES RELATED TO THE COLLEGEPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFUNDS PAID TO RICHARD BLAND COLLEGE TO BE DISTRIBUTED TO STUDENTS OF THE COLLEGE IN THE FORM OF SCHOLARSHIPS IN ORDER TO FURTHER THEIR EDUCATIONAL STUDIES.GrantTypeTxt
Recipient66RecipientCnt
Cash Grant$190,823CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION MANAGES SCHOLARSHIP APPLICATIONS AND SELECTIONS AND SCHOLARSHIP AWARDS ARE RUN THROUGH THE ACCOUNTING SYSTEM.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
ISLE OF WIGHT COUNTY
A2006-12-01$10,000,000CONSTRUCTION OF STUDENT HOUSING FACILITIES000
SUSSEX COUNTY
B2006-12-01$10,000,000CONSTRUCTION OF STUDENT HOUSING FACILITIES000
DINWIDDIE COUNTY
C2006-12-01$3,000,000CONSTRUCTION OF STUDENT HOUSING FACILITIES000
PRINCE GEORGE COUNTY
D2006-12-01$4,000,000CONSTRUCTION OF STUDENT HOUSING FACILITIES000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$10,000,000$10,000,000200900Yes (1)Yes (1)
B$10,000,000$10,000,000200900Yes (1)Yes (1)
C$3,000,000$3,000,000200900Yes (1)Yes (1)
D$4,000,000$4,000,000200900Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A000000Yes (1)
B000000Yes (1)
C000000Yes (1)
D000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A00000000Yes (1)
B00000000Yes (1)
C00000000Yes (1)
D00000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
A0
B0
C0
D0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHERE IS A MEETING HELD BETWEEN THE AUDITORS AND THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 18THE ORGANIZATION'S WEBSITE AND ANOTHER WEBSITE ARE USED AS METHODS FOR MAKING THE 990 AVAILABLE. THIS INFORMATION HAS ALSO ALWAYS BEEN AVAILABLE UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19THIS INFORMATION IS AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2C:NO CHANGE FROM PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1RICHARD BLAND COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line111301 JOHNSON ROADAddressLine1Txt
CityPETERSBURGCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23805ZIPCd
FieldValueIRS element (for citing)
EIN546026876EIN
Primary ActivitiesPUBLIC HIGHER EDUCATION INSTITUTIONPrimaryActivitiesTxt
Legal Domicile StateVALegalDomicileStateCd
Exempt Code Section115ExemptCodeSectionTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1BOARD OF VISITORS OF THE COLLEGE OF WILLIAM AND MARYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmt
RICHARD BLAND COLLEGE
B$507,062
RICHARD BLAND COLLEGE
J$645,465
RICHARD BLAND COLLEGE
L$459,000
RICHARD BLAND COLLEGE
O$251,930

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