2026-03-10T15:45:43-05:00 2025-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 200 SOUTH 10TH ST STE 900 RICHMOND VA 23219 990 2024-07-01 541224563 WILLIAM & MARY LAW SCHOOL FOUNDATION WILL 7572211514 PO BOX 8795 WILLIAMSBURG VA 23187 JAMES PENNEY CHAIR OF THE AUDIT COMMITTEE 7572211514 2026-02-19 1 1 BREE-ANN WEIDNER P01319397 8046735700 2024 2025-03-06 01:10:19Z DANIEL SCIANANDRE PO BOX 8795 WILLIAMSBURG VA 23187 9647991 0 X N/A X 1984 VA SUPPORT THE WILLIAM & MARY LAW SCHOOL 23 23 0 27 1428 0 4210086 3400577 148103 37525 1627812 6209889 0 0 5986001 9647991 4271845 2065868 0 0 0 0 0 0 713993 4272652 4337473 8544497 6403341 -2558496 3244650 70226006 74983091 685365 627998 69540641 74355093 X TO SUPPORT THE WILLIAM & MARY LAW SCHOOL AT THE COLLEGE OF WILLIAM & MARY. 0 0 840492 36097 ACADEMIC SUPPORT - KEY PROGRAMS LISTED BELOWCENTER FOR LEGAL AND COURTROOM TECHNOLOGY (CLCT): 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: PROVIDES CONTINUING EDUCATION CREDITS FOR ALUMNI AND OTHER LEGAL AND ACCOUNTING PROFESSIONALS FOR THE VIRGINIA AND NC BARS, AND FOR VIRGINIA BOARD OF ACCOUNTANCY. COURSE TOPICS ARE CHOSEN ANNUALLY, TO PARALLEL CHANGES IN REPORTING REQUIREMENTS, LEGAL REQUIREMENTS, AND THOSE NECESSITATED BY THE ECONOMY. THIS PROGRAM IS ADMINISTERED AND FACILITATED BY PROFESSORS AND STAFF OF THE LAW SCHOOL.INSTITUTE OF BILL OF RIGHTS LAW (IBRL): 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.OPERATING FUNDS AND OPTION BENEFITS: 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. 2119308 INSTRUCTIONAL SUPPORT - KEY PROGRAMS ARE LISTED BELOW.FACULTY PDF'S: 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.VETERANS BENEFITS CLINIC: OFFERS STUDENTS OPPORTUNITY TO ASSIST 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. 2065868 2065868 PUBLIC SERVICE, SCHOLARSHIPS, FELLOWSHIPS AND STUDENT SERVICES EXPENSES. 5025668 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 3 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 VA X CONTROLLER OF THE WILLIAM MARY LA 7572211300 PO BOX 8795 WILLIAMSBURG VA 23187 X VICTOR J MILLER CHAIR 2.00 0.00 X X 0 0 0 CATHERINE M MARRIOTT VICE-CHAIR 2.00 0.00 X X 0 0 0 JACOB A LUTZ III SECRETARY/TREASURER 2.00 0.00 X X 0 0 0 CARLA N ARCHIE TRUSTEE 0.50 0.00 X 0 0 0 MARCIA E ASQUITH TRUSTEE 0.50 0.00 X 0 0 0 SUSAN B COMPARATO TRUSTEE 0.50 0.00 X 0 0 0 IAN R CONNER TRUSTEE 0.50 0.00 X 0 0 0 STEPHEN P DIAMOND JR TRUSTEE 0.50 0.00 X 0 0 0 PATRICK M DYSON TRUSTEE 0.50 0.00 X 0 0 0 ANNE E BOMAR TRUSTEE 0.50 0.00 X 0 0 0 JOHN C FERNANDO TRUSTEE 0.50 0.00 X 0 0 0 LAUREN A FERRARI TRUSTEE 0.50 0.00 X 0 0 0 L ALLISON GARDE TRUSTEE 0.50 0.00 X 0 0 0 JAY B KENNEDY TRUSTEE 0.50 0.00 X 0 0 0 KINDRA L KIRKEBY TRUSTEE 0.50 0.00 X 0 0 0 JULIE P LAINE TRUSTEE 0.50 0.00 X 0 0 0 ROBERT M MCDOWELL TRUSTEE 0.50 0.00 X 0 0 0 NORA GARCIA NICKEL TRUSTEE 0.50 0.00 X 0 0 0 CHARLES D PATTERSON III TRUSTEE 0.50 0.00 X 0 0 0 JAMES A PENNEY TRUSTEE 0.50 0.00 X 0 0 0 KATRYN W HAMBRICK TRUSTEE 0.50 0.00 X 0 0 0 JIMMY F ROBINSON TRUSTEE 0.50 0.00 X 0 0 0 HOWARD A KWON TRUSTEE 0.50 0.00 X 0 0 0 KATEY HOWERTON CEO, ASST SECRETARY/TREASURER 1.00 0.00 X 0 0 0 DAN SCIANANDRE CHIEF FINANCIAL OFFICER 1.00 0.00 X 0 0 0 GEORGE PODOLIN ASSISTANT TREASURER 1.00 0.00 X 0 0 0 JAIME WELCH-DONAHUE ASSISTANT TREASURER 1.00 0.00 X 0 0 0 0 0 0 0 0 0 0 1693 MANAGEMENT COMPANY LLC 5300 DISCOVERY PARK BLVD FL 3 WILLIAMSBURG VA 23188 INVESTMENT MNGT SERVICES 349921 1 3400577 311093 3400577 PHOTOCOPY INCOME 611710 1428 1428 36097 36097 37525 995131 995131 5214758 0 5214758 5214758 5214758 9647991 36097 1428 6209889 552015 552015 1513853 1513853 4000 950 3050 2533 1732 801 50348 7875 42473 354507 354507 11395 8367 2513 515 51006 44386 6620 391193 239107 32072 120014 305703 305703 11325 2974 7375 976 184824 114027 70797 30461 14425 381 15655 107679 107679 17873 41 1262 16570 SHARED SERVICES 2627628 2119617 111843 396168 FOOD AND BEVERAGE 185747 99345 525 85877 1251 1251 6403341 5025668 663680 713993 126061 211404 2024678 1733600 15334 1649 347638 84722 262916 262916 67200383 72181404 596634 592118 70226006 74983091 685365 627998 685365 627998 X 11942950 12682126 57597691 61672967 69540641 74355093 70226006 74983091 3244650 1569802 0 X 0 1 X 1 0 X 4338528 4386282 4343443 4210086 3400577 20678916 4338528 4386282 4343443 4210086 3400577 20678916 2770536 17908380 681504 803409 856990 870930 995131 4207964 24886880 1105043 0.71960 0.73560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 62211 X X X 0 67655989 869500 7779691 3757807 72547373 65639617 269019 6067111 4319758 67655989 63911475 251786 4535489 3059133 65639617 62951040 5816438 -2305926 2550077 63911475 47843454 1357637 17052176 3302227 62951040 0.16740 0.83260 0.00000 0 0 262916 262916 84722 84722 0 262916 1693 PARTNERS FUND 72181404 F 72181404 X 10863286 1569802 1569802 9293484 354507 354507 9647991 6048834 0 6048834 354507 354507 6403341 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 ENDOWMENT FUNDS CONSIST OF APPROXIMATELY 146 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING SUPPORT FOR SCHOLARSHIPS AND FELLOWSHIPS, INSTRUCTION AND RESEARCH, AND PUBLIC SERVICE ACTIVITIES. THE FUNDS INCLUDE BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. PART X, LINE 2: 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 IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2025. MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED BY U.S. GAAP ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THE FOUNDATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT JUNE 30, 2025. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE FOUNDATION HAD NO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2025. 1 COLLEGE OF WILLIAM AND MARY PO BOX 8795 WILLIAMSBURG VA 23187 546001718 170(C)(1) 552015 0 SUPPORT LAW SCHOOL PROGRAMS 1 FUNDING OF SCHOLARSHIPS TO RECIPIENTS (DISBURSED BY THE COLLEGE TO THE STUDENTS/FACULTY) 145 1513853 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. X 38 311093 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER REPORTED IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS MADE. FORM 990, PART VI, SECTION B, LINE 11B 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. LSH LLC 4801 COURTHOUSE STREET STE 300 WILLIAMSBURG VA 23188 202613005 REAL ESTATE VA 0 262916 WILLIAM & MARY LAW SCHOOL FOUNDATION