WILLIAM & MARY LAW SCHOOL FOUNDATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- WILLIAM & MARY LAW SCHOOL FOUNDATION (EIN 54-1224563)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-14
- IRS object ID
- 201301349349301855
- Schema version
- 2011v1.5
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-14T09:48:07-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560574444 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| 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 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541224563 | EIN |
Name Name
| 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) |
|---|---|---|
| Name Control | MARS | NameControl |
| Phone | 7572213800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 8795 | AddressLine1 |
| City | WILLIAMSBURG | City |
| State | VA | State |
| ZIP Code | 23185 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CRAIG D BELL | Name |
| Title | AUDIT/FINANCE COMMITTEE | Title |
| Phone | 7572213800 | Phone |
| Date Signed | 2013-05-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN DENISON | Name |
| PTIN | P00837796 | PTIN |
| Phone | 8046735700 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | CRAIG D BELL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 8795 | AddressLine1 |
| City | WILLIAMSBURG | City |
| State | VA | State |
| ZIP Code | 23185 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4149982 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1984 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | SUPPORT THE MARSHALL-WYTHE SCHOOL OF LAW | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 21 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -8296 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3453134 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2510605 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1026740 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 894206 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 650402 | InvestmentIncomePriorYear |
| Investment Income Current Year | 677401 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 47276 | OtherRevenuePriorYear |
| Other Revenue Current Year | 67770 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5177552 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4149982 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 340524 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 316275 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 549745 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2555005 | OtherExpensePriorYear |
| Other Expenses Current Year | 2641829 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2895529 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2958104 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2282023 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1191878 | RevenuesLessExpensesCY |
| Total Assets BOY | 36317213 | TotalAssetsBOY |
| Total Assets EOY | 36553827 | TotalAssetsEOY |
| Total Liabilities BOY | 746112 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 756102 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 35571101 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 35797725 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO SUPPORT THE MARSHALL-WYTHE SCHOOL OF LAW AT THE COLLEGE OF WILLIAM & MARY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1301227 | Expense |
| Revenue | 436010 | Revenue |
| Description | ACADEMIC SUPPORT - KEY PROGRAMS LISTED BELOWCENTER FOR LEGAL AND COURTROOM TECHNOLOGY (CLCT): $658,558. 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: $55,573. 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: $24,429. 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: $59,893. 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: $263,600. 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. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 395117 | Expense |
| Revenue | 391281 | Revenue |
| Description | INSTRUCTIONAL SUPPORT - KEY PROGRAMS ARE LISTED BELOW.FACULTY PDF'S: $26,147. 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: $262,010. 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 SCHOOLS 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 2011, THERE WERE 59 PARTICIPANTS IN THE PROGRAM, 16 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: $28,475. 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. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 282150 | Expense |
| Grants | 282150 | Grants |
| Description | BOND PAYMENTS IN SUPPORT OF CONSTRUCTION AND RENOVATION OF THE LAW SCHOOL LIBRARY. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 205830 | Expense |
| Grants | 34125 | Grants |
| Description | PUBLIC SERVICE, SCHOLARSHIPS, FELLOWSHIPS AND STUDENT SERVICES EXPENSES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 205830 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 34125 | TotalOfOtherProgramServiceGrnt |
| Total Program Service Expense | 2184324 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 27 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | UK | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | AK | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | SC | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | UT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | VA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM & MARY LAW SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7572211489 | TelephoneNumber |
Address US AddressUS
| 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 | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (27 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| CATHERINE M BLUE | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| DOUGLAS E BROWN | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| BETSY C ANDERSON | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MARTHA MCGLOTHLIN GAYLE | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| SARAH C HONENBERGER | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| STEPHEN JOHN HORVATH III | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| JOHN G KRUCHKO | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| BROOKS PATTEN MCELWAIN | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| JOSEPH T WALDO | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| ELIZABETH B CARDER-THOMPSON | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| GAREN E DODGE | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| JOYCE A KUHNS | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| JOHN M MAHAN | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MARC A TAYLOR | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| SCOTT G LINDVALL | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| CRAIG D BELL | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| J THOMAS MORINA | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| NEAL J ROBINSON | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| JAMES DAVID PENNY | ||||||
| PRESIDENT | 2.00 | X | 0 | 0 | 0 | X |
| RICK LYMAN BURDICK | ||||||
| VICE PRESDIENT | 2.00 | X | 0 | 0 | 0 | X |
| BARBARA L JOHNSON | ||||||
| SECRETARY/TREASURER | 2.00 | X | 0 | 0 | 0 | X |
| SARAH F KELLAM | ||||||
| ASSISTANT SECRETARY AND TREASURER | 1.00 | 0 | 0 | 0 | X | |
| JAMES S HELLER | ||||||
| ASSISTANT TREASURER | 1.00 | 0 | 0 | 0 | X | |
| LIZBETH A S JACKSON | ||||||
| ASSISTANT TREASURER | 1.00 | 0 | 0 | 0 | X | |
| LAURA W BEACH | ||||||
| ASSISTANT TREASURER | 1.00 | 0 | 0 | 0 | X | |
| JAMIE WELCH-DONAHUE | ||||||
| ASSISTANT TREASURER | 1.00 | 0 | 0 | 0 | X | |
| LINDA TESAR | ||||||
| ASSISTANT TREASURER | 1.00 | 0 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 2510605 | AllOtherContributions |
| Noncash Contributions | 475641 | NoncashContributions |
| Total Contributions | 2510605 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| STUDENT LAW PROGRAMS | 611710 | 827291 | 827291 | |
| PHOTOCOPY INCOME | 611710 | 66915 | $66,915 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 894206 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 261320 | TotalRevenueColumn |
| Exclusion | $261,320 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 416081 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 416081 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 416081 | TotalRevenueColumn |
| Exclusion | $416,081 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS REVENUE | Description |
| Business Code | 611710 | BusinessCode |
| Total Revenue Column | 67770 | TotalRevenueColumn |
| Exclusion | $67,770 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 67770 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4149982 | TotalRevenueColumn |
| Related Or Exempt Function Income | 827291 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $812,086 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 282150 | Total |
| Program Services | 282150 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34125 | Total |
| Program Services | 34125 | ProgramServices |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103317 | Total |
| Management And General | 103317 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30454 | Total |
| Management And General | 30454 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4155 | Total |
| Management And General | 4155 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23356 | Total |
| Management And General | 23356 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising |
|---|---|---|---|
| ACADEMIC SUPPORT | 1301227 | 1301227 | |
| FUNDRAISING | 549745 | 549745 | |
| SUMMER STUDY ABROAD | 262010 | 262010 | |
| INSTRUCTION & RESEARCH | 133107 | 133107 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 234458 | Total |
| Program Services | 171705 | ProgramServices |
| Management And General | 62753 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2958104 | Total |
| Program Services | 2184324 | ProgramServices |
| Management And General | 224035 | ManagementAndGeneral |
| Fundraising | 549745 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7428806 | BOY |
| EOY | 6460651 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1871827 | BOY |
| EOY | 1604962 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52273 | BOY |
| EOY | 82411 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105134 | BOY |
| EOY | 53355 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 405727 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 114840 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 305156 | BOY |
| EOY | 290887 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 531884 | BOY |
| EOY | 511558 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25645595 | BOY |
| EOY | 27148715 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 376538 | BOY |
| EOY | 401288 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36317213 | BOY |
| EOY | 36553827 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 87313 | BOY |
| EOY | 100829 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 247918 | BOY |
| EOY | 260523 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 410881 | BOY |
| EOY | 394750 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 746112 | BOY |
| EOY | 756102 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7150927 | BOY |
| EOY | 7200840 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16202910 | BOY |
| EOY | 15958546 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12217264 | BOY |
| EOY | 12638339 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35571101 | BOY |
| EOY | 35797725 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36317213 | BOY |
| EOY | 36553827 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1191878 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -965254 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2156930 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1877201 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2379715 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3453134 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2510605 | CurrentTaxYear |
| Total | 12377585 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2156930 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1877201 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2379715 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3453134 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2510605 | CurrentTaxYear |
| Total | 12377585 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 1322102 | AmountsSubstContributorsTotal |
| Public Support Total170 | 11055483 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1314939 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 433117 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 160347 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 650402 | CurrentTaxYearMinus1Year |
| Current Tax Year | 261320 | CurrentTaxYear |
| Total | 2820125 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 46677 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 74048 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 55849 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 47276 | CurrentTaxYearMinus1Year |
| Current Tax Year | 67770 | CurrentTaxYear |
| Total | 291620 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 15489330 | TotalSupport |
| Public Support Pertcentage170 | 0.71370 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.66600 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 58711 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 26050282 | BeginningOfYearBalance |
| Contributions | 2827480 | Contributions |
| Investment Earnings Or Losses | -264334 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1107721 | GrantsOrScholarships |
| End Of Year Balance | 27505707 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 22648668 | BeginningOfYearBalance |
| Contributions | 1362438 | Contributions |
| Investment Earnings Or Losses | 3232875 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1193699 | GrantsOrScholarships |
| End Of Year Balance | 26050282 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 20294084 | BeginningOfYearBalance |
| Contributions | 774135 | Contributions |
| Investment Earnings Or Losses | 2756176 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1175727 | GrantsOrScholarships |
| End Of Year Balance | 22648668 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24807208 | BeginningOfYearBalance |
| Contributions | 399218 | Contributions |
| Investment Earnings Or Losses | -3740272 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1172070 | GrantsOrScholarships |
| End Of Year Balance | 20294084 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.11000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.46000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.43000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 262916 | OtherCostOrOtherBasis |
| Book Value | 262916 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 142811 | OtherCostOrOtherBasis |
| Depreciation | 114840 | Depreciation |
| Book Value | 27971 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 290887 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | WILLIAM AND MARY INVESTMENT TRUST | Description |
| Book Value | 27148715 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 27148715 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEFERRED COMPENSATION | Description |
| Amount | $394,750 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 394750 | TotalOfAmounts |
| Total Revenue | 4149982 | TotalRevenue |
| Total Expenses | 2958104 | TotalExpenses |
| Excess Or Deficit For Year | 1191878 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -965254 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -965254 | TotalAdjustments |
| Excess Or Deficit Per FS | 226624 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 3184728 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -965254 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -965254 | RevenueNotRptdF990 |
| Revenue Subtotal | 4149982 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4149982 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2958104 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2958104 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2958104 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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 EIGHTY-SIX 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. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE, 30, 2012. FISCAL YEARS ENDING ON OR BEFORE JUNE 30, 2009 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (7 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|
| CENTRAL AMERICA, CARIBBEAN | 0 | 0 | INVESTING BY WILLIAM & MARY INVESTMENT TRUST | 5051284 |
| EAST ASIA & THE PACIFIC | 0 | 0 | INVESTING BY WILLIAM & MARY INVESTMENT TRUST | 324918 |
| EUROPE | 0 | 0 | INVESTING BY WILLIAM & MARY INVESTMENT TRUST | 710514 |
| NORTH AMERICA | 0 | 0 | INVESTING BY WILLIAM & MARY INVESTMENT TRUST | 49332 |
| SOUTH AMERICA | 0 | 0 | INVESTING BY WILLIAM & MARY INVESTMENT TRUST | 36382 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | INVESTING BY WILLIAM & MARY INVESTMENT TRUST | 16130 |
| SUB-SAHARAN AFRICA | 0 | 0 | INVESTING BY WILLIAM & MARY INVESTMENT TRUST | 17974 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 6206534 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 6206534 | TotalAmountSpent |
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 1 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| SCHEDULE F, PART I, LINE 3 (1): | OUR TOTAL INVESTMENT IN THE CENTRAL AMERICA AND CARIBBEAN REGION IS $5,035,871 AND TOTAL EXPENSE FOR THE YEAR WERE $15,413. |
| SCHEDULE F, PART I, LINE 3 (5): | OUR TOTAL INVESTMENT IN THE SOUTH AMERICAN REGION IS $36,240 AND TOTAL EXPENSE FOR THE YEAR WERE $142. |
| SCHEDULE F, PART I, LINE 3: | OUR SHARE OF EXPENDITURES ARE PROVIDED BY THE WILLIAM & MARY INVESTMENT TRUST |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLEGE OF WILLIAM AND MARY | BusinessNameLine1 |
Address US AddressUS
| 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) |
|---|---|---|
| EIN Of Recipient | 546001718 | EINOfRecipient |
| IRC Section | 115 | IRCSection |
| Amount Of Cash Grant | 282150 | AmountOfCashGrant |
| Purpose Of Grant | BOND PAYMENTS ARE MADE IN SUPPORT OF CONSTRUCTION AND RENOVATIONS TO THE LAW SCHOOL LIBRARY. | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | FUNDING OF SCHOLARSHIPS TO RECIPIENTS (DISBURSED BY THE COLLEGE TO THE STUDENTS/FACULTY) | TypeOfGrant |
| Number Of Recipients | 13 | NumberOfRecipients |
| Amount Of Cash Grant | 34125 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: 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. | Explanation |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 13900 | NoncashContribsRptdF990 |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 39 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 241121 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (6 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | ELECTRONICS | 7 | 216083 | FMV |
| X | CHAIRS | 1 | 3178 | FMV |
| X | THEATER TICKETS | 1 | 151 | FMV |
| X | DVDS | 1 | 225 | FMV |
| X | RECEPTION FOR 40TH REUNION | 1 | 458 | FMV |
| X | PROFESSIONAL BROCHURES | 1 | 525 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -965,254. | CHANGES IN NET ASSETS OR FUND BALANCES: |