2013-02-15T15:23:58-06:00 2012-06-30 WATKINS MEEGAN LLC 6720-B ROCKLEDGE DRIVE SUITE 750 BETHESDA MD 20817 990 2011-07-01 521284368 GUNSTON HALL REGENTS FUND % LENA MCALLISTER GUNS 7035509220 10709 GUNSTON ROAD MASON NECK VA 22079 MRS V CASSEL ADAMSON 2012-12-31 true DANIEL D O'SHEA 3016547555 2011 2016-03-07 17:11:31Z PATRICK LADDEN 10709 Gunston Road Mason Neck VA 22079 2205494 false X WWW.GUNSTONHALL.ORG X 1982 VA GUNSTON HALL REGENTS FUND PRESERVES, INTERPRETS, AND PROMOTES THIS 18TH CENTURY HISTORIC SITE IN ORDER TO EDUCATE THE PUBLIC ABOUT THE INTERNATIONAL SIGNIFICANCE OF ITS OWNER, GEORGE MASON. 5 5 11 100 4009 -2397 1156501 393017 91998 80510 154517 -195904 71919 75077 1474935 352700 0 0 0 0 206107 259274 0 0 22777 495681 545208 701788 804482 773147 -451782 5241651 5032212 4687 4719 5236964 5027493 X THE GUNSTON HALL REGENTS FUND (THE REGENTS FUND) WAS INCORPORATED OCTOBER 29, 1982, TO PROVIDE MONEY AND EXPERTISE TO RESTORE AND REFURBISH GEORGE MASON'S FORMER RESIDENCE, GUNSTON HALL, LOCATED IN MASON NECK, VIRGINIA. ADDITIONALLY, THE REGENTS FUND OPERATES A MUSEUM SHOP ON THE PREMISES AND HAS FACILITIES AVAILABLE FOR RENT FOR BANQUETS, RECEPTIONS AND SOCIAL GATHERINGS. false false 102431 RESTORATION - RESTORATION OF THE HISTORIC STRUCTURE, GUNSTON HALL, TO RETURN IT AS NEARLY POSSIBLE TO ITS 18TH CENTURY APPEARANCE. 107477 126567 MUSEUM SHOP - PROVIDED GIFT SHOP, WHICH SOLD BOTH HISTORICAL AND EDUCATIONAL ITEMS TO VISITORS. 92939 LIBRARY, ARCHIVES, AND TECHNOLOGY - MANAGES ORGANIZATION'S LIBRARY, RARE BOOK, AND ARCHIVAL DEPARTMENT, INCLUDING PURCHASING APPROPRIATE RARE BOOKS AND MANUSCRIPTS AND MODERN REFERENCE BOOKS, CATALOGING, AND DEVELOPING ON-LINE ACCESS OF COLLECTION IN COOPERATION WITH OTHER HISTORICAL SITES. ALSO MANAGES AND DESIGNS THE ORGANIZATION'S WEBSITE, IN-HOUSE COORDINATION OF COMPUTER/TECHNOLOGICAL ISSUES, AND SERVES AS THE LIAISON WITH THE COMMONWEALTH OF VIRGINIA'S TECHNOLOGY DEPARTMENT. 21173 EDUCATION 40951 ARCHAEOLOGY 19884 COLLECTIONS MANAGEMENT 26367 PUBLIC RELATIONS 67639 BUILDINGS & MAINTENANCE 79039 80510 MANAGER'S FUND 53821 GARDENS & GROUNDS 7767 PROGRAMS 316641 80510 619488 true true false true false false true false true true false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false true 14 0 11 true true true false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true true true false false false X LENA MCALLISTER 7035509220 10709 GUNSTON ROAD MASON NECK VA 22079 X MRS THEODORE JACK CRADDOCK 1.0 X MRS V CASSEL ADAMSON 1.0 X MS WINAFRED AVERY JENKINS 1.0 X MRS JAMES M MACNISH JR 1.0 X MRS MARCY MOODY 1.0 X MR DAVID REESE 1.0 X 0 0 0 MS ELIZABETH MARTIN 1.0 X MRS HENRY R RAAB 1.0 X MRS WILLIAM B BLAYLOCK 1.0 X MR MARK WHATFORD 40.0 X 38000 7381 38000 0 7381 0 false false false F CAREY HOWLETT ASSOCIATES PO BOX 246 CALLAO VA 22435 RESTORATION 103011 1 393017 7712 393017 REGENTS' MEETINGS 900099 46426 46426 EDUCATIONAL PROGRAMS 900099 34084 34084 80510 56480 0 56480 0 0 0 0 1535352 1787736 -252384 -252384 0 -252384 0 0 0 0 126567 65058 61509 57500 4009 FIELD TRIP 900099 11025 11025 MISCELLANEOUS 900099 2543 2543 13568 352700 149035 4009 -193361 0 0 0 0 55187 55187 0 151164 136383 12799 1982 5854 5498 356 32008 30708 1300 15061 13931 979 151 0 14478 429 14049 21938 899 21039 45152 45152 0 13183 13183 15600 10600 5000 22353 22353 252313 216730 14939 20644 23667 20175 3492 0 5650 5650 13502 2603 10899 0 0 0 0 1318 1318 3761 1686 2075 SPECIAL EVENTS 41673 35206 6467 GROUNDS & COLLECTION UPKEEP 44481 44481 MEMBERSHIP FEES 1691 1691 MISCELLANEOUS EXPENSES 24448 15278 9170 804482 619488 162217 22777 1676164 1301911 95625 96500 0 0 0 0 0 0 0 0 0 0 102406 103331 0 0 191723 190403 2638 1320 1951032 2318516 231870 41389 0 0 0 0 1181916 1169245 5241651 5032212 4687 4719 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4687 4719 X 3617172 3578221 1566492 1395972 53300 53300 5236964 5027493 5241651 5032212 X -451782 242311 X X false true true X X 521053 608231 699873 1156501 393017 3378675 521053 608231 699873 1156501 393017 3378675 861792 2516883 65052 40043 33959 48402 56480 243936 6646 7524 2735 6387 2543 25835 3648446 1165109 0.68985 0.69120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 45152 45152 false OTHER LOBBYING ACTIVITIES PART II-B, LINE 1I THE REGENTS FUND CONTRACTED A LOBBYIST ON ITS BEHALF TO STOP ADVANCEMENT OF A BILL PROPOSED IN VIRGINIA THAT WOULD HAVE AFFECTED THE REGENTS' ABILITY TO ADMINISTER GUNSTON HALL. 0 1022387 X false 53300 53300 53300 53300 53300 53300 1.00000 false false 21730 21730 0 101646 101646 0 68347 67027 1320 1320 ANTIQUE FIXTURES 298819 MANUSCRIPTS AND RARE BOOKS 723568 DUE FROM FOUNDATION 146858 1169245 0 0 FIN 48 DISCLOSURE PART X, LINE 2 The Regents Fund believes that it has appropriate support for any tax positions taken, and, as such, it does not have any uncertain tax positions that are material to the financial statements. The Regents Fund recognizes interest expense and penalties related to income taxes in management and general expenses on the statements of revenue, expenses, and change in net assets - modified cash basis. There is no provision in the financial statements for penalties and interest related to income taxes for the years ended June 30, 2012 and 2011. Tax years prior to 2008 are no longer subject to examination by the IRS and the tax jurisdiction of Virginia. GUNSTON HALL COLLECTIONS PART III, LINE 4 GUNSTON HALL'S COLLECTIONS ARE USED TO INTERPRET THE LIFE OF GEORGE MASON, HIS FAMILY, AND HIS CONTEMPORARIES. THE OBJECTS PROVIDE THE INSTITUTION WITH THE NECESSARY VISUAL TOOLS TO DISCUSS 18TH CENTURY VIRGINIA LIFE WITH THE PUBLIC. ENDOWMENT FUNDS PART V, LINE 4 GUNSTON HALL REGENTS FUND'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR THE RESTORATION OF GUNSTON HALL AND RELATED ACTIVITIES. ITS ENDOWMENT INCLUDES DONOR-RESTRICTED ENDOWMENT FUNDS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. GOVERNING BODY'S REVIEW OF FORM 990 PART VI, LINE 11B THE BOARD OF TRUSTEES RECEIVES A COPY OF THE FORM 990 FOR REVIEW. ALL QUESTIONS ARE ADDRESSED PRIOR TO FILING THE RETURN. ORGANIZING DOCUMENTS PART VI, LINE 19 THE REGENTS FUND MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. DIRECTOR EXPLANATION PART VII, SECTION A DAVID REESE, WHO SERVED AS DIRECTOR OF GUNSTON HALL UNTIL APRIL OF 2012, WAS AN EMPLOYEE OF THE COMMONWEALTH OF VIRGINIA, AND WAS NOT COMPENSATED BY THE REGENTS FUND. BASIS OF ACCOUNTING PART XII, LINE 1 The Regents Fund prepares its financial statements on the modified cash basis of accounting. Consequently, revenue is recognized when received rather than when earned, and expenses are recognized when paid rather than when the obligation is incurred. The Regents Fund recognizes certain cash transactions as assets (investments, inventory property and other assets) and liabilities (accounts payable), which represents a modification from the full cash basis of accounting. CONFLICT OF INTEREST POLICY PART VI, LINES 12B AND C ALL REGENTS FUND DIRECTORS, OFFICERS, STAFF MEMBERS, AND VOLUNTEERS ARE REQUIRED ANNUALLY TO FILE CONFLICT OF INTEREST STATEMENTS. THE CONFLICT OF INTEREST STATEMENTS ARE MAINTAINED BY THE REGENTS FUND AND CONSISTENTLY MONITORED AND ENFORCED. OTHER CHANGES IN NET ASSETS PART XI, LINE 5 OTHER CHANGES IN NET ASSETS REPRESENTS AN UNREALIZED GAIN ON INVESTMENTS. HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MRS. MARCY MOODY TITLE:VOTING TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MR. DAVID REESE TITLE:DIRECTOR UNTIL 4/15 HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MRS. HENRY R. RAAB TITLE:EX OFFICIO MEMBER-FIRST REGENT HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MRS. WILLIAM B. BLAYLOCK TITLE:EX OFFICIO MEMBER-TREASURER HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MR. MARK WHATFORD TITLE:INTERIM DIRECTOR AS OF 4/15 HOURS:1 GUNSTON HALL FOUNDATION 10709 GUNSTON ROAD MASON NECK VA 22079 546121440 SUPPORT VA 501(C)(3) 11B false false false true false false false false false false false false false false true false false false false