2016-05-13T15:46:03-05:00 2015-06-30 McPhillips Roberts & Deans PLC 150 Boush Street Suite 1100 Norfolk VA 23510 990 2014-07-01 542027915 VIRGINIA INSTITUTE OF MARINE SCIENCE FDN % SIDNE PRESSEY VIMS FOUNDATIO VIRG 8046847107 PO BOX 1346 GLOUCESTER POINT VA 23062 HENRY H GEORGE TREASURER 8046847107 2016-02-11 true James E Prince III P00559346 7576407190 2014 2016-08-17 19:52:53Z HENRY H GEORGE 1375 GREATE RD GLOUCESTER POINT VA 23062 1630932 false X N/A X NON-STOCK CORP 2000 VA promotes philanthropy for the Virginia Institute of Marine Science & provides stewardship of those resources to support VIMS' mission of research, education and advisory service. 12 12 0 0 1326141 1110752 0 0 420144 520180 0 0 1746285 1630932 660284 1027984 0 0 0 0 0 0 38679 154446 265370 814730 1293354 931555 337578 12706154 13065727 19940 16999 12686214 13048728 THE VIMS FOUNDATION PROMOTES PHILANTHROPY FOR THE VIRGINIA INSTITUTE OF MARINE SCIENCE AND PROVIDES STEWARDSHIP OF THOSE RESOURCES TO SUPPORT VIMS' MISSION OF RESEARCH, EDUCATION AND ADVISORY SERVICE AND TO STRENGTHEN THE INSTITUTE'S POSITION AS THE PREEMINENT LEADER IN COASTAL AND ESTUARINE MARINE SCIENCE FOR VIRGINIA AND THE WORLD. false false 1027984 SUPPORT FOR THE VIRGINIA INSTITUTE OF MARINE SCIENCE IN PURSUIT OF ITS MISSION OF RESEARCH, EDUCATION AND ADVISORY SERVICES. 1027984 true true false false false false false false false true false false false false false true true true false false true false false false false false false true false false false false false false false false false false true false false false false false false false false true 0 0 0 true true false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true false false false AL AK AZ AR CA CO DC HI IL ME MD MA MI MN MS NH NJ NM NY OH OK OR SC UT WA X X SIDNE PRESSEY VIMS FOUNDATIO 8046842003 1375 GREATE RD GLOUCESTER POINT VA 23062 X C CHRISTIAN HALL III BOARD MEMBER 0.2 0.0 X 0 0 0 JAMES E ROGERS BOARD MEMBER 0.2 0.0 X 0 0 0 ROBERT P ROPER JR BOARD MEMBER 0.2 0.0 X 0 0 0 R GORDON SMITH ESQUIRE VIMS COUNCIL CHAIR 0.2 0.0 X 0 0 0 PAMELA F FAGGERT BOARD MEMBER 0.2 0.0 X 0 0 0 ELIZABETH L ANDERSON PHD BOARD MEMBER 0.2 0.0 X 0 0 0 CLIFFORD A CUTCHINS IV BOARD MEMBER 0.2 0.0 X 0 0 0 RONALD L WEST BOARD MEMBER 0.2 0.0 X 0 0 0 HENRY H GEORGE TREASURER 1.0 0.0 X 0 0 0 A TRAVIS MASSEY VICE-PRESIDENT 0.2 0.0 X 0 0 0 A THOMAS YOUNG PRESIDENT 1.0 0.0 X 0 0 0 ANN K SULLIVAN ESQUIRE SECRETARY 0.2 0.0 X 0 0 0 AMY FISHER EXECUTIVE DIRECTOR 6.0 0.0 X 0 0 0 DR JOHN T WELLS EX-OFFICIO 1.0 0.0 X 0 0 0 BETTY BARRACK DIRECTOR OF FINANCIAL OPS 8.0 0.0 X 0 0 0 0 0 0 0 false false false 0 1110752 128335 1110752 0 520180 520180 0 0 0 0 0 0 0 0 0 0 1630932 520180 1027984 1027984 0 0 0 0 0 0 0 0 0 0 7916 7916 19900 19900 0 0 49291 49291 47977 9298 38679 0 130286 130286 0 0 0 0 0 0 0 0 0 0 BAD DEBT EXPENSE 10000 10000 1293354 1027984 226691 38679 0 0 810635 858118 650555 259061 0 0 0 0 0 0 0 0 0 0 0 0 0 11244964 11948548 0 0 0 0 0 0 0 0 12706154 13065727 19940 16999 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19940 16999 X 1505202 1535928 3833498 3792699 7347514 7720101 12686214 13048728 12706154 13065727 337578 24936 X false true X true false X 1075795 1503922 1185045 1326141 1110752 6201655 0 0 1075795 1503922 1185045 1326141 1110752 6201655 2511627 3690028 188566 211287 314779 420146 520180 1654958 0 0 7856613 0.46967 0.45498 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 11244964 568666 498506 363588 11948548 9643706 483330 1423721 305793 11244964 8182478 1127906 900332 567010 9643706 7341782 1198391 -83424 274271 8182478 6588223 228039 685062 159542 7341782 0.10000 0.64000 0.26000 true false 0 0 1606577 24936 24936 1581641 49291 49291 1630932 1244063 1244063 49291 49291 1293354 INTENDED USES OF ENDOWMENT FUNDS THE FOUNDATION'S ENDOWMENTS ARE USED TO SUPPORT VARIOUS PROGRAM ACTIVITIES SUCH AS SCHOLARSHIPS, PROFESSORSHIPS, EDUCATION, AND RESEARCH. FIN 48 MANAGEMENT CONTINUALLY EVALUATES TAX POSITIONS REFLECTED IN THE FOUNDATION'S TAX FILINGS AND DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST. true Central America and the Caribbean Investments 2584714 East Asia and the Pacific Investments 218795 Europe (Including Iceland and Greenland) Investments 330522 North America Investments 37269 South Asia Investments 26550 Middle East and North Africa Investments 27294 Sub-Saharan Africa Investments 86014 3311158 3311158 true false true true true false false VIRGINIA INSTITUTE OF MARINE SCIENCE P O BOX 1346 GLOUCESTER POINT VA 23062 546001802 IRC 501(c)(3) 1027984 RESEARCH AND EDUCATION 1 X 11 38950 FAIR MARKET VALUE X WAGES OF VIMS EMPLOYEES DEDICATED TO FOUNDATION 0 89385 ALLOCATED WAGES false true false COMPLIANCE WITH CONFLICT OF INTEREST POLICY COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. COMPENSATION VIMS FOUNDATION HAS NO EMPLOYEES. THE VIMS FOUNDATION PROVIDES NO COMPENSATION TO PERSONS IN QUESTIONS 15A AND 15B. FOUNDATION WORK IS DONE BY EMPLOYEES OF VIMS/COLLEGE OF WILLIAM AND MARY. GOVERNING DOCUMENTS THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 REVIEW THE PRESIDENT AND TREASURER OF THE FOUNDATION REVIEW AND APPROVE FORM 990. AFTER APPROVAL THE FULL BOARD OF DIRECTORS REVIEW FORM 990 AT A REGULAR MEETING.