2024-05-17T07:46:15-05:00 2023-06-30 440160260 FORVIS LLP 901 EAST CARY STREET SUITE 1000 RICHMOND VA 23219 990 2022-07-01 208608553 WILLIAM & MARY REAL ESTATE FOUNDATION WILL 7572217805 PO BOX 8795 WILLIAMSBURG VA 23187 LOGAN HALL EXECUTIVE DIRECTOR 7572217805 2024-05-16 1 LOGAN HALL 999009999 1 LAKRISHA J CASTLEBERRY P01677333 8042827636 2024-05-16 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LOGAN HALL PO BOX 8795 WILLIAMSBURG VA 23187 3290864 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. 11 9 1 0 0 0 54026 50609 2918569 3202912 304 37343 0 0 2972899 3290864 0 73805 0 0 214819 254837 0 0 0 2190724 2409850 2405543 2738492 567356 552372 31984626 36327837 16596970 20387809 15387656 15940028 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 2625256 73805 3202912 MANAGEMENT OF REAL ESTATE ACTIVITIES FOR THE BENEFIT OF THE COLLEGE OF WILLIAM AND MARY'S PROGRAMS AND ACTIVITIES 2625256 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 X 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 9 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X WARREN WHITNEY & SHERWOOD 8042829566 203 HIGHLAND I 7231 FOREST AVENUE RICHMOND VA 23226 WILL PAYNE CHAIR 0.30 X X 0 0 0 HOWARD J BUSBEE VICE CHAIR 0.30 X X 0 0 0 JACKIE FERREE TREASURER 0.30 40.00 X X 0 232940 47071 ANITA O POSTON SECRETARY 0.30 X X 0 0 0 WILLIAM J KINIRY BOARD MEMBER 0.10 X 0 0 0 JODY FORSYTH BOARD MEMBER 0.10 X 0 0 0 KATHERINE A ROWE BOARD MEMBER 0.10 40.00 X 0 907712 55960 SUSAN F DEWEY BOARD MEMBER 0.10 X 0 0 0 SCOTT FOSTER BOARD MEMBER 0.10 X 0 0 0 STEPHAN GORDON BOARD MEMBER 0.10 X 0 0 0 AMY SEBRING TREASURER 0.30 40.00 X X 0 368752 61562 SEAN HUGHES EXECUTIVE DIRECTOR 40.00 X 177481 0 42173 177481 1509404 206766 1 0 1 0 0 50609 50609 RENTAL INCOME 532000 3202912 3202912 3202912 28538 28538 8805 0 8805 8805 8805 3290864 3202912 0 37343 73805 73805 241974 193580 48394 12863 10290 2573 86247 86247 16383 16383 53775 53775 15070 15070 291425 291425 5225 3919 1306 586661 586661 612792 612792 83295 83295 REPAIRS & MAINTENANCE 568628 568628 REAL ESTATE TAXES 57037 57037 MISCELLANEOUS 23960 16772 7188 COMMUNICATION SERVICES 9352 9352 2738492 2625256 113236 0 1136467 1282730 3219817 4069907 399515 974261 41854 38303 34160169 4691994 26653188 29468175 533785 494461 31984626 36327837 151167 202801 109583 118679 3408758 3224924 12927462 16412965 0 428440 16596970 20387809 X 15322656 15940028 65000 0 15387656 15940028 31984626 36327837 552372 0 X X 0 1 X 1 0 X X 2 THE COLLEGE OF WILLIAM & MARY 546001718 6 1 0 0 THE COLLEGE OF WILLIAM & MARY FOUNDATION 540734117 5 1 0 0 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6815245 6815245 23736248 4442659 19293589 410435 249335 161100 3198241 3198241 29468175 DUE TO WILLIAM & MARY 428440 428440 X 3290864 0 3290864 0 3290864 2738492 0 2738492 0 2738492 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA. TRIBE SQUARE, LLC, WMREF VENTURES I, LLC, RICHMOND HALL, LLC, JAMESTOWN 406408, LLC, LIGHTFOOT ROAD, LLC, NORTH HENRY STREET, LLC, AND 327 RICHMOND, LLC ARE DISREGARDED ENTITIES FOR TAX PURPOSES AND ARE INCLUDED IN THE FOUNDATION FILINGS. FISCAL YEARS ENDING ON OR AFTER JUNE 30, 2018 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF CONTRIBUTED REAL ESTATE 1 WILLIAM AND MARY FOUNDATION 5300 DISCOVERY PARK BLVD WILLIAMSBURG VA 23188 540734117 501(C)(3) 73805 0 TO SUPPORT THE MISSION OF THE COLLEGE OF WILLIAM & MARY FOUNDATION 1 X 0 0 0 0 0 0 0 0 0 KATHERINE A ROWE BOARD MEMBER 0 907712 0 0 0 0 0 26405 0 29555 0 963672 0 0 AMY SEBRING TREASURER 0 368752 0 0 0 0 0 35536 0 26026 0 430314 0 0 JACKIE FERREE TREASURER 0 232940 0 0 0 0 0 19213 0 27858 0 280011 0 0 SEAN HUGHES EXECUTIVE DIRECTOR 177481 0 0 0 0 0 15553 0 26620 0 219654 0 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR'S ANNUAL COMPENSATION IS APPROVED BY THE BOARD. SCHEDULE J, PART II THE COMPENSATION OF AMY S. SEBRING AND DR. KATHERINE A. ROWE ARE PAID BY THE COLLEGE OF WILLIAM & MARY (COLLEGE) FOR SERVICES PROVIDED TO THE COLLEGE. NONE OF THE COMPENSATION IS ATTRIBUTED TO SERVICES PROVIDED TO WILLIAM & MARY REAL ESTATE FOUNDATION. THE COMPENSATION IS ONLY BEING REPORTED BECAUSE THE COLLEGE IS A RELATED PARTY OF WILLIAM & MARY REAL ESTATE FOUNDATION. A ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF WILLIAMSBURG VA 546001680 2011-09-16 5000000 TO FINANCE THE STUDENT HOUSING PORTION OF TRIBE SQUARE. 0 0 0 A 1775076 5000000 173081 4826919 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 FORM 990, PART V, LINE 2B: EXECUTIVE DIRECTOR'S FORM W-2 FILED BY THE COLLEGE OF WILLIAM & MARY. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF THE COLLEGE OF WILLIAM & MARY (COLLEGE) SHALL BE AN EX OFFICIO DIRECTOR AND SHALL BE ENTITLED TO VOTE. ONE (1) VICE PRESIDENT OF THE COLLEGE SHALL BE APPOINTED AS A DIRECTOR OF THE FOUNDATION BY THE PRESIDENT OF THE COLLEGE, TWO (2) DIRECTORS SHALL BE APPOINTED BY THE BOARD OF VISITORS OF THE COLLEGE, AND TWO (2) DIRECTORS SHALL BE APPOINTED BY THE BOARD OF TRUSTEES OR THE EXECUTIVE COMMITTEE OF THE COLLEGE OF WILLIAM & MARY FOUNDATION (THE "COLLEGE FOUNDATION"). AT THE INITIAL ANNUAL MEETING AND ALTERNATING MEETINGS THEREAFTER, THE BOARD SHALL ELECT THREE (3) DIRECTORS (THE "PUBLIC DIRECTORS"), WHO SHALL NOT BE MEMBERS OF THE BOARD OF VISITORS OF THE COLLEGE, OFFICIALS OF THE COLLEGE OR MEMBERS OF THE BOARD OF TRUSTEES OF THE COLLEGE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B 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 REQUESTS TO VIEW THEIR CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS TO INTERESTED PARTIES. FORM 990, PART XII, LINE 2C: OVERSIGHT OF ANNUAL AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT IS THE RESPONSIBILITY OF THE AUDIT COMMITTEE. TRIBE SQUARE LLC PO BOX 8795 WILLIAMSBURG VA 23187 208608553 OWNING AND MANAGING REAL ESTATE VA 711580 8684225 WILLIAM & MARY REAL ESTATE FOUNDATION WMREF VENTURES I LLC PO BOX 8795 WILLIAMSBURG VA 23187 352526867 OWNING AND MANAGING REAL ESTATE VA 478780 4114149 WILLIAM & MARY REAL ESTATE FOUNDATION RICHMOND HALL LLC PO BOX 8795 WILLIAMSBURG VA 23187 384031169 OWNING AND MANAGING STUDENT HOUSING VA 1415051 10324875 WILLIAM & MARY REAL ESTATE FOUNDATION JAMESTOWN 406408 LLC PO BOX 8795 WILLIAMSBURG VA 23187 208608553 OWNING AND DEVELOPING REAL ESTATE VA 0 2271735 WILLIAM & MARY REAL ESTATE FOUNDATION LIGHTFOOT ROAD LLC PO BOX 8795 WILLIAMSBURG VA 23187 208608553 OWNING AND DEVELOPING REAL ESTATE FOR STORAGE NEEDS VA 0 722616 WILLIAM & MARY REAL ESTATE FOUNDATION NORTH HENRY STREET LLC PO BOX 8795 WILLIAMSBURG VA 23187 208608553 OWNING AND MANAGING REAL ESTATE VA 596209 4849796 WILLIAM & MARY REAL ESTATE FOUNDATION 327 RICHMOND LLC PO BOX 8795 WILLIAMSBURG VA 23187 208608553 OWNING AND MANAGING REAL ESTATE VA 0 499932 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 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1