2013-02-02T12:53:19-06:00 2012-06-30 560747981 DIXON HUGHES GOODMAN LLP 4510 COX ROAD SUITE 200 GLEN ALLEN VA 230603394 990 2011-07-01 208608553 WILLIAM & MARY REAL ESTATE FOUNDATION WILL 7572217805 PO BOX 8795 WILLIAMSBURG VA 23187 NANCY BUCHANAN 7572217805 2013-01-29 1 JANET L BROCKLEHURST CPA P00449539 8042827636 2011 2016-02-25 16:41:14Z NANCY BUCHANAN PO BOX 8795 WILLIAMSBURG VA 23187 993333 0 X N/A X 2007 VA THE MISSION OF WILLIAM AND MARY REAL ESTATE FOUNDATION IS TO ACQUIRE, HOLD, MANAGE, SELL, LEASE, AND PARTICIPATE IN THE DEVELOPMENT OF REAL PROPERTIES IN SUPPORT OF THE EDUCATIONAL GOALS OF THE COLLEGE OF WILLIAM AND MARY IN VIRGINIA. 9 6 0 0 0 0 495000 391739 36127 593022 17855 8572 0 0 548982 993333 0 0 0 0 139113 144504 0 0 0 71136 582429 210249 726933 338733 266400 11370322 15869808 1295687 5528773 10074635 10341035 THE MISSION OF WILLIAM AND MARY REAL ESTATE FOUNDATION IS TO ACQUIRE, HOLD, MANAGE, SELL, LEASE AND PARTICIPATE IN THE DEVELOPMENT OF REAL PROPERTIES IN SUPPORT OF THE EDUCATIONAL GOALS OF THE COLLEGE OF WILLIAM AND MARY IN VIRGINIA. 0 0 647303 593022 MANAGEMENT OF REAL ESTATE ACTIVITIES FOR THE BENEFIT THE COLLEGE OF WILLIAM AND MARY'S PROGRAMS AND ACTIVITIES. 647303 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 X 9 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X WARREN WHITNEY 8042829566 203 HIGHLAND I 7231 FOREST AVENUE RICHMOND VA 23226 JOHN GERDELMAN 0.00 X X 0 0 0 HOWARD BUSBEE 0.00 X X 0 0 0 SAM JONES 0.00 X X 0 0 0 H ROSS FORD 0.00 X X 0 0 0 HENRY WOLF 0.00 X 0 0 0 TAYLOR W REVELEY III 0.00 X 0 0 0 DONALD G OWENS 0.00 X 0 0 0 ANITA POSTON 0.00 X 0 0 0 WILLIAM KINIRY 0.00 X 0 0 0 NANCY BUCHANAN 40.00 X 0 103064 13940 0 103064 13940 0 0 0 0 HOURIGAN CONSTRUCTION CORP 4429 BONNEY ROAD VIRGINIA BEACH VA 23462 CONSTRUCTION AND SITEWORK 1853100 1 250000 141739 141739 391739 RENTAL INCOME 532000 593022 593022 593022 8572 8572 993333 593022 0 8572 130216 104173 26043 5600 4480 1120 8688 6950 1738 19195 19195 53241 53241 22600 22600 3050 3050 22773 22773 2070 1552 518 151691 151691 208633 208633 16032 14523 1509 REPAIRS AND MAINTENANCE 37488 37488 UTILITIES 29624 29624 REAL ESTATE TAXES 14040 14040 COMMUNICATION SERVICES 1062 1062 930 651 279 726933 647303 79630 0 3580455 6176273 71550 9069586 195007 7728803 8874579 44338 599348 16726 148058 11370322 15869808 796878 107696 4908860 490000 490000 8809 22217 1295687 5528773 X 10074635 10200509 0 140526 10074635 10341035 11370322 15869808 266400 0 X X 0 1 1 X 0 X X 0 0 0 THE COLLEGE OF WILLIAM & MARY 546001718 6 1 1 1 647303 THE COLLEGE OF WILLIAM & MARY FOUNDATION 540734117 5 1 1 0 2 647303 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2302138 2302138 6597322 171910 6425412 170126 23097 147029 8874579 TENANT SECURITY DEPOSITS 18860 DUE TO THE COLLEGE OF WILLIAM AND MARY 3357 22217 993333 726933 266400 266400 993333 0 993333 0 993333 726933 0 726933 0 726933 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION IS EXEMPT FROM INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA. THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2012. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. FISCAL YEARS ENDING ON OR AFTER JUNE 30, 2009 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF WILLIAMSBURG VA 2011-09-16 5000000 TO FINANCE THE STUDENT HOUSING PORTION OF TRIBE SQUARE. 0 0 0 5000000 173081 0 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 0 X 3 141739 APPRAISED VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE DIRECTOR AND TREASURER REVIEW A DRAFT COPY OF THE 990. UPON THEIR APPROVAL, THE DRAFT IS SENT TO THE AUDIT COMMITTEE FOR APPROVAL FOR ISSUANCE. A COPY OF THE FINAL 990 IS PROVIDED TO THE FULL BOARD PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT CONDUCTS PERIODIC REVIEWS AND IF NEED BE, USE OUTSIDE ADVISORS FOR ASSISTANCE. PERIODIC REVIEWS INCLUDE, BUT ARE NOT LIMITED TO ASSURING THAT TRANSACTIONS AND CONTRACT AGREEMENTS ENTERED INTO BY THE FOUNDATION CONFORM WITH WRITTEN POLICIES AND ARE PROPERLY RECORDED. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S ANNUAL COMPENSATION IS APPROVED BY THE BOARD. THE ORGANIZATION HAS NO OTHER OFFICERS OR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 MANAGEMENT ENTERTAINS REQUEST TO VIEW THEIR CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS TO INTERESTED PARTIES. FORM 990, PART XII, LINE 2C - FINANCIAL STATEMENTS AND REPORTING OVERSIGHT OF ANNUAL AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT IS THE RESPONSIBILITY OF THE AUDIT COMMITTEE. ORCHID PROPERTIES LLC PO BOX 8795 WILLIAMSBURG VA 23187 208608553 OWNING AND MANAGING REAL ESTATE. IT OWNS NO REAL ESTATE AT 6/30/12. VA WILLIAM & MARY REAL ESTATE FOUNDATION THE COLLEGE OF WILLIAM AND MARY PO BOX 8795 WILLIAMSBURG VA 231878795 546001718 HIGHER EDUCATION VA STATE GOVERNMENT LINE 6 N/A 0 THE COLLEGE OF WILLIAM & MARY FOUNDATION PO BOX 8795 WILLIAMSBURG VA 231878795 540734117 DEVELOPMENT AND SUPPORT SERVICES VA 501(C)(3) LINE 5 N/A 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 1