WILLIAM & MARY LAW SCHOOL FOUNDATION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: WILLIAM & MARY LAW SCHOOL FOUNDATION (EIN 54-1224563)
Tax period: 2013-07-01 to 2014-06-30
Filed: 2015-05-08
IRS object ID: 201521289349301102
Schema version: 2013v4.0
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 B
Schedule D
Schedule F
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-05-08T09:25:17-05:00	ReturnTs
Tax Period End	2014-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	560574444	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CHERRY BEKAERT LLP	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	200 SOUTH 10TH STREET SUITE 900	AddressLine1
City	RICHMOND	City
State	VA	State
ZIP Code	23219	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	541224563	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MARSHALL-WYTHE SCHOOL OF LAW FOUNDATION	BusinessNameLine1
Business Name Line2	COLLEGE OF WILLIAM AND MARY	BusinessNameLine2

Field	Value	IRS element (for citing)
Business Name Control	MARS	BusinessNameControlTxt
Phone	7572213800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 8795	AddressLine1
City	WILLIAMSBURG	City
State	VA	State
ZIP Code	23187	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CRAIG D BELL	PersonNm
Person Title	CHAIRMAN OF AUDIT/FINANCE COMMITTEE	PersonTitleTxt
Phone	7572213800	PhoneNum
Signature	2015-05-02	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	AARON T ELLISON	PreparerPersonNm
PTIN	P00625297	PTIN
Phone	8046735700	PhoneNum

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	CRAIG D BELL	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 8795	AddressLine1
City	WILLIAMSBURG	City
State	VA	State
ZIP Code	23187	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$7,073,781	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1984	FormationYr
Legal Domicile State	VA	LegalDomicileStateCd
Activity Or Mission	SUPPORT THE MARSHALL-WYTHE SCHOOL OF LAW	ActivityOrMissionDesc
Voting Members Governing Body	24	VotingMembersGoverningBodyCnt
Voting Members Independent	24	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	24	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$7,814	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$2,517,045	PYContributionsGrantsAmt
CY Contributions Grants	$4,909,779	CYContributionsGrantsAmt
PY Program Service Revenue	$802,485	PYProgramServiceRevenueAmt
CY Program Service Revenue	$749,619	CYProgramServiceRevenueAmt
PY Investment Income	$1,007,873	PYInvestmentIncomeAmt
CY Investment Income	$1,293,612	CYInvestmentIncomeAmt
PY Other Revenue	$77,366	PYOtherRevenueAmt
CY Other Revenue	$105,529	CYOtherRevenueAmt
PY Total Revenue	$4,404,769	PYTotalRevenueAmt
CY Total Revenue	$7,058,539	CYTotalRevenueAmt
PY Grants And Similar Paid	$271,513	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$1,241,165	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$369,884	CYTotalFundraisingExpenseAmt
PY Other Expenses	$2,713,771	PYOtherExpensesAmt
CY Other Expenses	$2,518,814	CYOtherExpensesAmt
PY Total Expenses	$2,985,284	PYTotalExpensesAmt
CY Total Expenses	$3,759,979	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,419,485	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$3,298,560	CYRevenuesLessExpensesAmt
Total Assets BOY	$40,082,107	TotalAssetsBOYAmt
Total Assets EOY	$46,667,747	TotalAssetsEOYAmt
Total Liabilities BOY	$747,344	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$668,719	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$39,334,763	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$45,999,028	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	TO SUPPORT THE MARSHALL-WYTHE SCHOOL OF LAW AT THE COLLEGE OF WILLIAM & MARY.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,439,919	ExpenseAmt
Revenue	$386,802	RevenueAmt
Desc	ACADEMIC SUPPORT - KEY PROGRAMS LISTED BELOWCENTER FOR LEGAL AND COURTROOM TECHNOLOGY (CLCT): $436,689. CLCT'S MISSION IS TO IMPROVE THE WORLD'S LEGAL SYSTEM THROUGH THE APPROPRIATE USE OF TECHNOLOGY. CLCT IS HEAVILY INVOLVED IN JUDICIAL AND LAWYER EDUCATION AND TRAINING (AV TECH CLASSES AND COURTROOM AFFILIATES PROGRAMS), PROVIDES COURTROOM DESIGN AND NEEDS ASSESSMENTS (CONSULTING AND COURTROOM AFFILIATES PROGRAMS), DOES RESEARCH FOR DISABLED ACCESS TO COURTROOMS (ACCESSIBLE COURTS INITIATIVE). CLCT SERVES THE LAW SCHOOL BY ASSIMILATING LAW STUDENTS INTO THE RESEARCH FUNCTION OF THE COURTROOM, BY TEACHING COURSES, AND BY SUPPORTING THE LEGAL SKILLS PROGRAM WITH TECHNOLOGICAL SUPPORT OF MOCK TRIALS REQUIRED AS A PART OF THE COURSEWORK.WILLIAM & MARY TAX CONFERENCE: $39,625. PROVIDES CONTINUING EDUCATIONCREDITS FOR ALUMNI AND OTHER LEGAL AND ACCOUNTING PROFESSIONALS FOR THEVIRGINIA AND NC BARS, AND FOR VIRGINIA BOARD OF ACCOUNTANCY. COURSETOPICS ARE CHOSEN ANNUALLY, TO PARALLEL CHANGES IN REPORTINGREQUIREMENTS, LEGAL REQUIREMENTS, AND THOSE NECESSITATED BY THEECONOMY. THIS PROGRAM IS ADMINISTERED AND FACILITATED BY PROFESSORS ANDSTAFF OF THE LAW SCHOOL.INSTITUTE OF BILL OF RIGHTS LAW (IBRL): $19,573. CENTER FOR STUDY OF CONSTITUTIONAL LAW. IBRL FOCUSES ON ENHANCING SCHOLARLY UNDERSTANDING OF THE BILL OF RIGHTS BY HOSTING RELATED PROGRAMS, LIKE THE SUPREME COURT PREVIEW. LAW STUDENTS AND PROFESSORS WORK TOGETHER TO RESEARCH CONSTITUTIONAL LEGAL ISSUES.USIP: $57,140. US INSTITUTE OF PEACE IS AN INDEPENDENT, NON-PARTISAN NATIONAL ORGANIZATION THAT PARTNERS WITH VARIOUS ORGANIZATIONS TO PROMOTE WORLD STABILITY, END CONFLICTS, AND PROFESSIONALIZE THE FIELD OF PEACE BUILDING. STUDENTS ARE ABLE TO OBTAIN EXTERNSHIPS AND RESEARCH OPPORTUNITIES AND TO PARTICIPATE IN VARIOUS PROGRAMS RELATED TO RULE OF LAW INITIATIVES IN MANY DIFFERENT COUNTRIES. OPERATING FUNDS AND OPTION BENEFITS: $37,743. THE FOUNDATION SUBSIDIZES INITIATIVES THAT LAW SCHOOL FUNDS CANNOT SUPPORT. ALSO, THE FOUNDATION FUNDS PARTIAL PAYROLLS FOR INDIVIDUALS WHOSE JOB DESCRIPTIONS INCLUDE ADMINISTRATIVE DUTIES RELATED TO FOUNDATION ACTIVITY, SUCH AS INVESTMENT RECONCILIATIONS, PAYING FOUNDATION INVOICES, FINANCIAL REPORTING, ETC. ROUGHLY 65% OF THE ABOVE EXPENSES ARE RELATED TO PAYROLL	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$371,676	ExpenseAmt
Revenue	$284,339	RevenueAmt
Desc	INSTRUCTIONAL SUPPORT - KEY PROGRAMS ARE LISTED BELOW.FACULTY PDF'S: $27,789 THE LAW SCHOOL SUPPORTS 35 FULL TIME PROFESSORS, INCLUDING THE DEAN & VICE DEAN. AS A PART OF THIS SUPPORT, WHEN FUNDING FROM THE COLLEGE IS INADEQUATE, THE LAW SCHOOL FOUNDATION PROVIDES SOME FUNDING FOR RESEARCH TRAVEL & MATERIALS, FOR TECHNOLOGICAL SUPPORT, FOR MEMBERSHIPS AND OTHER PROFESSIONAL DEVELOPMENT NEEDS AS DETERMINED BY THE DEAN AND THE VICE DEAN. THE LAW SCHOOL FOUNDATION ALSO PROVIDES SOME HOUSING AND TRAVEL FUNDING FOR VISITING PROFESSORS, AND SOME FUNDING FOR THE APPOINTMENTS PROCESS INCLUDING INTERVIEW EXPENSES AND MOVING AND RELOCATION EXPENSES, AS NEEDED.SUMMER ABROAD: $178,824. THE LAW SCHOOL OFFERS STUDENTS A CHANCE TO STUDY IN SPAIN FOR A SUMMER, AND GET CLASS CREDIT WHILE STUDYING WITH SPANISH LAW PROFESSORS, AS WELL AS WITH ONE OF W&M LAW SCHOOL'S PROFESSORS. CLASSES IN EUROPEAN LAW, INTERNATIONAL LAW, HUMAN RIGHTS LAW, AS TAUGHT BY EUROPEANS OFFERS A DIFFERENT PERSPECTIVE FOR AMERICAN LAW STUDENTS. IN THE SUMMER OF 2012, THERE WERE 42 PARTICIPANTS IN THE PROGRAM, 8 OF WHOM WERE WILLIAM AND MARY LAW STUDENTS. THE OTHERS WERE FROM OTHER LAW SCHOOLS NATIONWIDE, WHO TOOK ADVANTAGE OF THE OPPORTUNITY AFFORDED BY THIS PROGRAM.VETERANS BENEFITS CLINIC: $57,972. OFFERS STUDENTS OPPORTUNITY TOASSIST VETERANS WITH FILING CLAIMS FOR DISABILITY COMPENSATION WITH THE DEPT OF VETERANS AFFAIRS. UNDER ATTORNEY SUPERVISION, THEY INTERVIEW CLIENTS, ANALYZE RECORDS, COMMUNICATE WITH SERVICE PROVIDERS AND CRAFT STRATEGIES THAT SERVE THE CLIENTS INTEREST.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$1,386,769	ExpenseAmt
Grant	$1,241,165	GrantAmt
Desc	PUBLIC SERVICE, SCHOLARSHIPS, FELLOWSHIPS AND STUDENT SERVICES EXPENSES.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$3,198,364	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	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	Yes (1)	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	Yes (1)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	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	Yes (1)	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	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	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 With Officer Ent	0	BusinessRlnWithOfficerEntInd
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	0	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	31	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	Yes (1)	ForeignFinancialAccountInd
Foreign Country	UK	ForeignCountryCd
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
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	24	GoverningBodyVotingMembersCnt
Independent Voting Member	24	IndependentVotingMemberCnt
Family Or Business Rln	0	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
States Where Copy Of Return Is Fld	AK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	AZ	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NJ	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	UT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	VA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WILLIAM & MARY LAW SCHOOL	BusinessNameLine1

Field	Value	IRS element (for citing)
Phone	7572211489	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	COLLEGE OF WILLIAM MARY	AddressLine1
City	WILLIAMSBURG	City
State	VA	State
ZIP Code	23185	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
BETSY C ANDERSON
TRUSTEE	0.50	Yes (X)	$0	$0	$0
MICHAEL E BAUMANN
TRUSTEE	0.50	Yes (X)	$0	$0	$0
CRAIG D BELL
TRUSTEE	0.50	Yes (X)	$0	$0	$0
CATHERINE M BLUE
TRUSTEE	0.50	Yes (X)	$0	$0	$0
DOUGLAS E BROWN
TRUSTEE	0.50	Yes (X)	$0	$0	$0
ELIZABETH B CARDER-THOMPSON
TRUSTEE	0.50	Yes (X)	$0	$0	$0
GAREN E DODGE
TRUSTEE	0.50	Yes (X)	$0	$0	$0
ALVARO GARCIA-TUNON
TRUSTEE	0.50	Yes (X)	$0	$0	$0
DANIEL A GECKER
TRUSTEE	0.50	Yes (X)	$0	$0	$0
SARAH C HONENBERGER
TRUSTEE	0.50	Yes (X)	$0	$0	$0
KINDRA L KIRKEBY
TRUSTEE	0.50	Yes (X)	$0	$0	$0
JOHN G KRUCHKO
TRUSTEE	0.50	Yes (X)	$0	$0	$0
JOYCE A KUHNS
TRUSTEE	0.50	Yes (X)	$0	$0	$0
SCOTT G LINDVALL
TRUSTEE	0.50	Yes (X)	$0	$0	$0
JEFFREY A LOWE
TRUSTEE	0.50	Yes (X)	$0	$0	$0
JON M MAHAN
TRUSTEE	0.50	Yes (X)	$0	$0	$0
CATHERINE M MARRIOTT
TRUSTEE	0.50	Yes (X)	$0	$0	$0
J THOMAS MORINA
TRUSTEE	0.50	Yes (X)	$0	$0	$0
JAMES DAVID PENNY
TRUSTEE	0.50	Yes (X)	$0	$0	$0
CATHERINE J ROTOLO
TRUSTEE	2.00	Yes (X)	$0	$0	$0
MARC A TAYLOR
TRUSTEE	1.00	Yes (X)	$0	$0	$0
RICK LYMAN BURDICK
PRESIDENT	2.00	Yes (X)	$0	$0	$0	Yes (X)
BARBARA L JOHNSON
VICE PRESIDENT	2.00	Yes (X)	$0	$0	$0	Yes (X)
STEPHEN JOHN HORVATH III
SECRETARY/TREASURER	2.00	Yes (X)	$0	$0	$0	Yes (X)
SARAH F KELLAM
ASSISTANT SECRETARY AND TR	1.00		$0	$0	$0	Yes (X)
JAMES S HELLER
ASSISTANT TREASURER	1.00		$0	$0	$0	Yes (X)
LIZBETH A S JACKSON
ASSISTANT TREASURER	1.00		$0	$0	$0	Yes (X)
JAMIE WELCH-DONAHUE
ASSISTANT TREASURER	1.00		$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	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
All Other Contributions	$4,909,779	AllOtherContributionsAmt
Noncash Contributions	$14,828	NoncashContributionsAmt
Total Contributions	$4,909,779	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	ExclusionExclusionAmt
STUDENT LAW PROGRAMS	611710	$671,141	$671,141
PHOTOCOPY INCOME	611710	$78,478	$0	$78,478

Field	Value	IRS element (for citing)
Total Program Service Revenue	$749,619	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$494,240	TotalRevenueColumnAmt
Exclusion	$494,240	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$814,614	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$15,242	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$799,372	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$799,372	TotalRevenueColumnAmt
Exclusion	$799,372	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS REVENUE	Desc
Business	611710	BusinessCd
Total Revenue Column	$105,529	TotalRevenueColumnAmt
Exclusion	$105,529	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$105,529	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$7,058,539	TotalRevenueColumnAmt
Related Or Exempt Func Income	$671,141	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$1,477,619	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$1,241,165	TotalAmt
Program Services	$1,241,165	ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$146,002	TotalAmt
Management And General	$146,002	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$25,145	TotalAmt
Management And General	$25,145	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$805	TotalAmt
Management And General	$805	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$15,183	TotalAmt
Management And General	$15,183	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	FundraisingFundraisingAmt
ACADEMIC SUPPORT	$1,439,919	$1,439,919
FUNDRAISING	$369,884		$369,884
INSTRUCTION & RESEARCH	$192,852	$192,852
SUMMER STUDY ABROAD	$178,824	$178,824

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$150,200	TotalAmt
Program Services	$145,604	ProgramServicesAmt
Management And General	$4,596	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,759,979	TotalAmt
Program Services	$3,198,364	ProgramServicesAmt
Management And General	$191,731	ManagementAndGeneralAmt
Fundraising	$369,884	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$7,110,082	BOYAmt
EOY	$8,041,879	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,546,367	BOYAmt
EOY	$3,195,709	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,394	BOYAmt
EOY	$7,061	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$56,123	BOYAmt
EOY	$153,249	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$372,659	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$87,251	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$300,591	BOYAmt
EOY	$285,408	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$614,172	BOYAmt
EOY	$759,093	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$30,026,985	BOYAmt
EOY	$33,775,107	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$425,393	BOYAmt
EOY	$450,241	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$40,082,107	BOYAmt
EOY	$46,667,747	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$68,425	BOYAmt
EOY	$64,486	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$269,536	BOYAmt
EOY	$157,107	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$409,383	BOYAmt
EOY	$447,126	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$747,344	BOYAmt
EOY	$668,719	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$8,073,030	BOYAmt
EOY	$8,720,595	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$18,456,216	BOYAmt
EOY	$23,874,487	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$12,805,517	BOYAmt
EOY	$13,403,946	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$39,334,763	BOYAmt
EOY	$45,999,028	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$40,082,107	BOYAmt
EOY	$46,667,747	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$3,298,560	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$3,365,705	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
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)
College Organization	Yes (X)	CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,379,715	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,453,134	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,510,605	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,517,045	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,909,779	CurrentTaxYearAmt
Total	$15,770,278	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,379,715	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,453,134	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,510,605	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,517,045	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,909,779	CurrentTaxYearAmt
Total	$15,770,278	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$1,065,920	SubstantialContributorsTotAmt
Public Support Total170	$14,704,358	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$160,347	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$650,402	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$261,320	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$298,367	CurrentTaxYearMinus1YearAmt
Current Tax Year	$494,240	CurrentTaxYearAmt
Total	$1,864,676	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$55,849	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$47,276	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$67,770	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$77,366	CurrentTaxYearMinus1YearAmt
Current Tax Year	$105,529	CurrentTaxYearAmt
Total	$353,790	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$17,988,744	TotalSupportAmt
Gross Receipts Rltd Activities	$4,838,277	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.81740	PublicSupportCY170Pct
Public Support PY170	0.75920	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Assets Included	$58,711	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$30,174,029	BeginningYearBalanceAmt
Contributions	$555,056	ContributionsAmt
Investment Earnings Or Losses	$4,511,466	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$1,235,678	GrantsOrScholarshipsAmt
End Year Balance	$34,004,873	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$27,505,707	BeginningYearBalanceAmt
Contributions	$823,755	ContributionsAmt
Investment Earnings Or Losses	$3,029,587	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$1,185,020	GrantsOrScholarshipsAmt
End Year Balance	$30,174,029	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$26,050,282	BeginningYearBalanceAmt
Contributions	$2,827,480	ContributionsAmt
Investment Earnings Or Losses	-$264,334	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$1,107,721	GrantsOrScholarshipsAmt
End Year Balance	$27,505,707	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$22,648,668	BeginningYearBalanceAmt
Contributions	$1,362,438	ContributionsAmt
Investment Earnings Or Losses	$3,232,875	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$1,193,699	GrantsOrScholarshipsAmt
End Year Balance	$26,050,282	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$20,294,084	BeginningYearBalanceAmt
Contributions	$774,135	ContributionsAmt
Investment Earnings Or Losses	$2,756,176	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$1,175,727	GrantsOrScholarshipsAmt
End Year Balance	$22,648,668	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.11000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.39000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.50000	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$262,916	OtherCostOrOtherBasisAmt
Book Value	$262,916	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$109,743	OtherCostOrOtherBasisAmt
Depreciation	$87,251	DepreciationAmt
Book Value	$22,492	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$285,408	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	WILLIAM AND MARY INVESTMENT TRUST	Desc
Book Value	$33,775,107	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$33,775,107	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	DEFERRED COMPENSATION	Desc
Amt	$447,126	Amt

Field	Value	IRS element (for citing)
Total Liability	$447,126	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$10,424,244	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$3,365,705	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$3,365,705	RevenueNotReportedAmt
Revenue Subtotal	$7,058,539	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$7,058,539	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$3,759,979	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$3,759,979	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$3,759,979	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 4:	THE ORGANIZATION'S COLLECTION CONSISTS OF ARTWORK AND RARE BOOKS WHICH ARE ON DISPLAY IN THE LAW SCHOOL LIBRARY FOR THE BENEFIT OF THE LAW STUDENTS.
PART V, LINE 4:	THE FOUNDATION'S ENDOWMENTS CONSISTS OF APPROXIMATELY NINETY - FIVE INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE FUNDS INCLUDE BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS.
PART X, LINE 2:	INCOME TAXES THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2014. FISCAL YEARS ENDING ON OR AFTER JUNE 30, 2011 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA, CARIBBEAN	INVESTING BY WILLIAM & MARY INVESTMENT TRUST	$5,447,050
EAST ASIA & THE PACIFIC	INVESTING BY WILLIAM & MARY INVESTMENT TRUST	$573,162
EUROPE	INVESTING BY WILLIAM & MARY INVESTMENT TRUST	$960,233
NORTH AMERICA	INVESTING BY WILLIAM & MARY INVESTMENT TRUST	$151,017
SOUTH AMERICA	INVESTING BY WILLIAM & MARY INVESTMENT TRUST	$34,453
SOUTH ASIA	INVESTING BY WILLIAM & MARY INVESTMENT TRUST	$53,068
SUB-SAHARAN AFRICA	INVESTING BY WILLIAM & MARY INVESTMENT TRUST	$303,031

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continutation Total Office	0	ContinutationTotalOfficeCnt
Continutation Total Employee	0	ContinutationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$7,522,014	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$7,522,014	TotalSpentAmt
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	0	PassiveForeignInvestmestCoInd
Foreign Partnership	0	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, SCHEDULE F, PART IV, LINE 3	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION'S OWNERSHIP IN FOREIGN CORPORATIONS DOES NOT MEET THE REPORTING REQUIREMENTS TO RENDER A FORM 5471 FILING REQUIREMENT.	ExplanationTxt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	FUNDING OF SCHOLARSHIPS TO RECIPIENTS (DISBURSED BY THE COLLEGE TO THE STUDENTS/FACULTY)	GrantTypeTxt
Recipient	142	RecipientCnt
Cash Grant	$1,241,165	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	SCHOLARSHIPS AND FELLOWSHIPS ARE AWARDED BY THE LAW SCHOOL'S ADMISSIONS OFFICE BASED ON THE AWARD CRITERIA AND FUNDS ARE DISBURSED TO THE STUDENT ACCOUNTS BY THE COLLEGE'S FINANCIAL AID OFFICE. THE COLLEGE, INCLUDING THE FINANCIAL AID OFFICE, IS AUDITED ANNUALLY BY THE AUDITOR OF PUBLIC ACCOUNTS OF THE COMMONWEALTH OF VIRGINIA. IT SHOULD BE NOTED THAT SCHOLARSHIPS AND FELLOWSHIPS PAID BY THE FOUNDATION VARY FROM YEAR TO YEAR DEPENDING ON THE AMOUNT OF AVAILABLE FUNDS WITHIN THE LAW SCHOOL. THE LOWER THE LEVEL OF LAW SCHOOL (STATE) FUNDING, THE HIGHER LEVEL OF FOUNDATION FUNDING.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11	THE BOARD OF TRUSTEES IS PROVIDED A PDF COPY OF THE 990. THE CHAIR OF THE AUDIT & FINANCE COMMITTEE REVIEWS AND APPROVES THE RETURN BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12C	CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO MEMBERS & SIGNED ANNUALLY. DURING BOARD MEETINGS, THOSE WITH CONFLICTS (IF ANY) ARE ASKED TO ABSTAIN FROM DISCUSSIONS AND VOTING.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE AT THE FOUNDATION'S OFFICE.