2025-11-16T20:10:11+00:00 2024-12-31 135381590 BDO USA 8401 GREENSBORO DR STE 800 MCLEAN VA 221023599 990 2024-01-01 540505959 THOMAS JEFFERSON FOUNDATION INC THOM 4349849800 PO BOX 316 CHARLOTTESVILLE VA 22902 CHRISTINE BARTH VP & CFO 2025-11-17 true SANDRA L FEINSMITH P01064157 7038930600 2025-11-17 2024 2025-03-06 01:10:19Z X JANE KAMENSKY PO BOX 316 CHARLOTTESVILLE VA 22902 147046564 false X WWW.MONTICELLO.ORG X 1923 VA THE MISSION IS TO PRESERVE MONTICELLO AND SHARE THE HISTORY AND LEGACY OF THOMAS JEFFERSON, HIS FAMILY, AND THOSE HE HELD IN SLAVERY, WITH A GLOBAL AUDIENCE. 16 16 454 97 1501891 0 9690281 17829118 11052391 11054815 6601451 15451562 7609212 7319802 34953335 51655297 214460 216186 0 0 18744903 19471962 0 222000 1866135 23367807 21147778 42327170 41057926 -7373835 10597371 375175740 402744508 43969054 43801466 331206686 358943042 SEE SCHEDULE O false false 26045657 83331 11054815 THE THOMAS JEFFERSON FOUNDATION OPERATES MONTICELLO, THE HOME OF THE NATION'S THIRD PRESIDENT AND AUTHOR OF THE AMERICAN DECLARATION OF INDEPENDENCE. OVER THE PAST TEN YEARS, AN AVERAGE OF 307,600 PEOPLE HAVE VISITED MONTICELLO ANNUALLY. ADMISSION INCLUDES AN INTERPRETIVE GUIDED TOUR OF HIS HOME, ONE OF OUR COUNTRY'S FOREMOST ARCHITECTURAL MASTERPIECES AND THE ONLY HOME IN AMERICA NAMED TO THE UNITED NATIONS WORLD HERITAGE LIST. IN ADDITION TO ADMISSION REVENUE, THE ABOVE TOTAL ALSO INCLUDES GIFTS AND GRANTS, AND SALES FROM THE RETAIL OPERATIONS OF THE MUSEUM SHOPS, CATALOG, AND ONLINE STORE. THE REVENUE CONTRIBUTES TO THE PRESERVATION OF MONTICELLO FOR FUTURE GENERATIONS, WHICH IS ONE OF THE MISSIONS OF THE FOUNDATION. THE FOUNDATION'S RESTORATION DEPARTMENT IS DEDICATED TO THE ARCHITECTURAL PRESERVATION OF THE UNITED NATIONS WORLD HERITAGE HOUSE WHILE THE CURATORIAL COLLECTIONS ARE UNDER THE CARE OF A FULL-TIME CURATORIAL DEPARTMENT. 4303635 132855 0 THE THOMAS JEFFERSON FOUNDATION OPERATES THE ROBERT H. SMITH INTERNATIONAL CENTER FOR JEFFERSON STUDIES, WHICH HOUSES THE THOMAS JEFFERSON LIBRARY. THE CENTER IS ALSO DEVOTED TO EDUCATION OF THE GENERAL PUBLIC AS WELL AS SCHOLARLY RESEARCH AND PUBLICATION, THROUGH THE JEFFERSON LIBRARY, ARCHAEOLOGICAL RESEARCH AND PUBLICATION, AND OTHER ADULT EDUCATION PROGRAMS. THE ROBERT H. SMITH INTERNATIONAL CENTER FOR JEFFERSON STUDIES ALSO IS RESPONSIBLE FOR THE RESEARCH AND PUBLICATION OF 24 VOLUMES OF RESEARCH, THE PAPERS OF THOMAS JEFFERSON, EMBRACING THE PERIOD FROM JEFFERSON'S RETIREMENT FROM THE PRESIDENCY IN MARCH 1809 UNTIL HIS DEATH IN 1826, KNOWN AS THE "RETIREMENT SERIES". 30349292 true true false false false false false true false true true true false false true true false true false false true false true true false false false true true true true false false false false false false false false false false true true false false true false true false false false true 117 0 true 454 true true true false false false false false false false false false false false X 16 16 false false false false false false false true true false false false true true true true true true true true false false CA CO CT DC FL GA AL HI IL KS KY ME AK MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA AZ RI SC TN UT VA AR WA WV WI X CHRISTINE BARTH 4349849859 1050 MONTICELLO LOOP ROAD CHARLOTTESVILLE VA 22902 CHRISTOPHER J TOOMEY SECRETARY 1.0 0.0 X X 0 0 0 MOLLY HARDIE VICE-CHAIRMAN 1.0 0.0 X X 0 0 0 TOBIAS DENGEL CHAIRMAN 5.0 0.0 X X 0 0 0 DANIELLE ALLEN TRUSTEE (FROM 1/1) 1.0 0.0 X 0 0 0 DAVID C LANDIN TRUSTEE 1.0 0.0 X 0 0 0 DONALD A KING JR TRUSTEE 1.0 0.0 X 0 0 0 DR LD BRITT MD TRUSTEE 1.0 0.0 X 0 0 0 J MICHAEL LUTTIG TRUSTEE (FROM 1/1) 1.0 0.0 X 0 0 0 JOHN NAU III TRUSTEE 1.0 0.0 X 0 0 0 JOSEPH ERDMAN TRUSTEE 1.0 0.0 X 0 0 0 MELODY BARNES TRUSTEE 1.0 0.0 X 0 0 0 MICHEYLNN WOODARD TRUSTEE 1.0 0.0 X 0 0 0 PETER COOK TRUSTEE 1.0 0.0 X 0 0 0 PETER COOLIDGE TRUSTEE 1.0 0.0 X 0 0 0 SUZI LEVINE TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM H WALTON III TRUSTEE 1.0 0.0 X 0 0 0 CHRISTINE P BARTH VP & CFO 50.0 0.0 X 320148 0 24639 JANE KAMENSKY PHD PRESIDENT & CEO (FROM 1/15) 50.0 0.0 X 604164 0 11759 PETER G HALLOCK INTERIM PRESIDENT (1/1 - 1/14) 50.0 0.0 X 259726 0 23713 LAURA NICHOLS VP EXTERNAL RELATIONS 50.0 0.0 X 155175 0 1759 ANDREW R HUFF DIRECTOR OF IT 50.0 0.0 X 151722 0 20531 DEBORAH M THACKER CONTROLLER 50.0 0.0 X 124896 0 16283 FRASER D NEIMAN DIRECTOR OF ARCHAEOLOGY 50.0 0.0 X 129446 0 11938 JOHN J LOONEY EDITOR, THOMAS JEFFERSON PAPER 50.0 0.0 X 177417 0 15731 JOSEPH T PIERCE DIRECTOR OF DEVELOPMENT (THRU 12/27/2024) 50.0 0.0 X 143326 0 3714 LESLIE GREENE BOWMAN FORMER PRESIDENT 0.0 0.0 X 693130 0 0 2759150 0 130067 23 true true false GWWO INC 800 WYMAN PARK DRIVE SUITE 300 BALTIMORE MD 21211 ARCHITECTURE 1111211 GALLAGHER & ASSOCIATES LLC 1140 3RD ST NE OFFICE 2149 WASHINGTON DC 20002 CONSTRUCTION 593462 FREEPORT PRESS 2127 REISER AVE SE NEW PHILADELPHIA OH 44663 PRINTING 402272 FGS GLOBAL LLC 1025 F STREET NW 9TH FLOOR Washington DC 20004 MARKETING ADVISOR 311440 DESIGN CUISINE 2659 SOUTH SHIRLINGTON RD ARLINGTON VA 22206 CATERING 282708 16 0 0 0 0 122111 17707007 322921 17829118 ADMISSION FEES 900099 10373683 10373683 0 0 FOOD SERVICE SALES 453220 384079 0 0 384079 OTHER PROGRAM INCOME 900099 297053 297053 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11054815 2400676 0 0 2400676 0 0 0 0 12942 12942 0 0 128996 0 0 0 128996 0 128996 128996 0 0 103423438 33250 90405802 0 13017636 33250 13050886 0 229381 12821505 0 0 0 0 0 0 0 0 0 0 0 0 12163329 4985465 7177864 5905354 1272510 0 0 0 0 0 0 51655297 16718028 1501891 15606260 10000 10000 188186 188186 18000 18000 0 0 1401083 618668 782415 0 0 0 0 0 14824366 12485353 1729182 609831 628701 535519 78574 14608 1440533 1253723 141871 44939 1177279 980229 150558 46492 0 0 0 0 259003 86899 153613 18491 130000 0 130000 0 0 0 0 0 222000 222000 1373306 0 1373306 0 3699645 3285602 342543 71500 851656 851656 0 0 2061876 1874258 97772 89846 1167608 865436 194805 107367 231 231 0 0 808616 614790 188893 4933 1134163 704671 79488 350004 0 0 0 0 22947 18909 4038 0 1980764 0 1980764 0 0 0 0 0 3501897 2662492 818043 21362 405100 0 405100 0 EQUIPMENT RENTAL 1218383 994239 14728 209416 SHIPPING AND HANDLING 1144423 1144423 0 0 PRINTING AND PUBLICATIONS 615718 558523 7110 50085 CONSERVATION AND COLLECTIONS 471013 471013 0 0 301429 126472 169696 5261 41057926 30349292 8842499 1866135 0 0 0 0 0 0 7194617 9232200 2562150 7591565 192813 259528 0 0 0 0 0 0 3469226 2978263 853699 942594 125996019 56007265 73041362 69988754 90950297 98049592 194742169 210095723 0 1705601 1515535 463806 2090754 375175740 402744508 4473316 3420698 0 0 0 0 29746000 29746000 0 0 0 0 9133433 8783820 105037 259435 511268 1591513 43969054 43801466 X 200355493 211374550 130851193 147568492 0 0 0 0 0 0 331206686 358943042 375175740 402744508 X 10597371 16735297 0 0 0 403688 X false true true false X 5645824 13416190 10624532 9690281 17829118 57205945 0 0 5645824 13416190 10624532 9690281 17829118 57205945 7846274 49359671 682501 1777669 2104054 2799684 2542614 9906522 0 159652 414328 489909 603811 384079 2051779 69164246 103005009 0.71366 0.71241 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - FOOD SERVICE, COLUMN A - 159652.0, COLUMN B - 414328.0, COLUMN C - 489909.0, COLUMN D - 603811.0, COLUMN E - 384079.0, COLUMN F - 2051779.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 254008139 1045672 28887994 0 9907842 0 274033963 227436091 13276172 38245733 0 24949857 0 254008139 281801089 916360 -44048646 0 11232712 0 227436091 272484711 190794 18752430 0 9626846 0 281801089 239173327 357049 41446305 0 8491970 0 272484711 0.62 0.2 0.18 false false 25193737 25193737 73287808 34161787 39126021 850704 802039 48665 11764518 11284730 479788 14899252 9758709 5140543 69988754 Closely-held equity interests Financial derivatives PRIVATE INVESTMENT COMPANIES 201650819 F INVESTMENT RECEIVABLE 8444904 F 210095723 Federal Income Taxes LONG TERM LEASE LIABILITY 1082278 ANNUITY & SPLIT-INTEREST LIABILITY 509235 1591513 X 72485693 16735297 79252 0 5389153 22203702 50281991 1373306 0 1373306 51655297 44749337 79252 0 4985465 5064717 39684620 1373306 0 1373306 41057926 Schedule D, Part III, Line 4 Collections of art - description of collections FS FOOTNOTE 1 - HISTORIC PROPERTIES AND COLLECTIONS: THE FOUNDATION HAS ELECTED NOT TO CAPITALIZE ITS HISTORIC PROPERTIES AND COLLECTIONS. THESE COLLECTIONS ARE RELATED TO THOMAS JEFFERSON AND HIS PLANTATION HOME, MONTICELLO. THE MOST PRECIOUS ARTIFACT IN THE COLLECTION IS THE HOUSE ITSELF AND THE SURROUNDING LANDSCAPE, WHICH WERE DESIGNED BY THOMAS JEFFERSON BETWEEN 1769 AND 1809. THE CURATORIAL COLLECTIONS CHIEFLY CONSIST OF PAINTINGS, DECORATIVE ARTS AND ARTIFACTS, APPROXIMATELY 2,600 OF WHICH RELATE DIRECTLY TO THOMAS JEFFERSON AND MONTICELLO, AND ABOUT 1,900 BOOKS WITH TITLES AND EDITIONS SELECTED TO DUPLICATE JEFFERSON'S ORIGINAL LIBRARY. ABOUT 40 OF THESE VOLUMES ARE JEFFERSON'S OWN COPIES. THE FOUNDATION'S RESTORATION DEPARTMENT IS DEDICATED TO THE ARCHITECTURAL PRESERVATION OF THE HOUSE, WHILE THE CURATORIAL COLLECTIONS ARE UNDER THE CARE OF A FULL CURATORIAL DEPARTMENT. THE FOUNDATION'S COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN ORDER TO ADVANCE UNDERSTANDING OF JEFFERSON AND MONTICELLO IN FURTHERANCE OF PUBLIC SERVICE. THE FOUNDATION'S COLLECTIONS MANAGEMENT POLICY REQUIRES THAT THE PROCEEDS FROM THE SALE OF ANY ARTIFACT FROM THE FOUNDATION'S COLLECTION WOULD BE USED TO ACQUIRE ADDITIONAL ARTIFACTS FOR THE COLLECTION. THE FOUNDATION DOES NOT RECOGNIZE THE DONATIONS OF COLLECTION ITEMS AS CONTRIBUTION INCOME, AS THE COLLECTIONS ARE NOT CAPITALIZED. Schedule D, Part V, Line 4 Intended uses of endowment funds ALL ENDOWMENT INVESTMENTS ARE CLASSIFIED AS NONCURRENT ASSETS TO RECOGNIZE THE FOUNDATION'S INTENT TO CONTINUALLY REINVEST EARNINGS AND PRESERVE PRINCIPAL EXCEPT TO THE EXTENT OF ANY ANNUAL WITHDRAWALS IN ACCORDANCE WITH THE ENDOWMENT SPENDING POLICY. THE FOUNDATION HAS A POLICY OF APPROPRIATING 5% OF THE THREE-YEAR TRAILING AVERAGE OF MARKET VALUES OF ENDOWMENT FUNDS AS OF THE PRECEDING JUNE 30. IN ESTABLISHING THIS POLICY, THE FOUNDATION CONSIDERED ITS INVESTMENT POLICY OBJECTIVE OF ATTAINING AN AVERAGE REAL RETURN OF 5%. ACCORDINGLY, OVER THE LONG TERM, THE SPENDING POLICY WILL MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation has been determined by the Internal Revenue Services ("IRS") to be exempt from taxes on income derived from activities related to its exempt purpose under Section 501(c)(3) of the Internal Revenue Code and has been classified as an organization that is not a private foundation. However, the Foundation is subject to unrelated business income tax on certain activities which are unrelated to its exempt purpose. The Foundation has net operating loss carryforwards totaling approximately $2.8 million, with approximately $1.4 million expirations ranging from 2025 to 2037. A 100% valuation allowance has been recorded against this deferred tax asset because it is uncertain that the loss carryforward represents a future tax benefit. Jefferson Vineyards LLC is a limited liability company whose sole member is the Foundation. Consequently, Jefferson Vineyards LLC is a disregarded entity for federal and state income tax purposes. In accordance with U.S. GAAP, the Foundation recognizes tax liabilities for uncertain tax positions when it is more likely than not that a tax position will not be sustained upon examination and settlement with various taxing authorities. Liabilities for uncertain tax positions are measured based upon the largest amount of benefit that is greater than 50% likely of being realized upon settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. With few exceptions, the Foundation is no longer subject to income tax examinations by the U.S. federal, state or local tax authorities for years ended December 31, 2021, and prior. Management has evaluated the Foundation's tax positions and has concluded that the Foundation has taken no uncertain tax positions that require adjustment to the consolidated financial statements to comply with the provisions of this guidance. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 UNREALIZED GAIN / LOSS ON INTEREST RATE SWAPS - 403688 COST OF GOODS SOLD - 4985465 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 COST OF GOODS SOLD - 4985465 true Central America and the Caribbean 0 0 Investments 50613042 Europe (Including Iceland and Greenland) 0 0 Grantmaking 15000 East Asia and the Pacific 0 0 Grantmaking 3000 0 0 0 0 0 0 50631042 0 50631042 FELLOWSHIPS - ROBERT H SMITH INT'L CENTER FOR JEFFERSON STUDIES Europe (Including Iceland and Greenland) 4 15000 CHECK 0 N/A N/A FELLOWSHIPS - ROBERT H SMITH INT'L CENTER FOR JEFFERSON STUDIES East Asia and the Pacific 1 3000 CHECK 0 N/A N/A false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds GRANT EXPENDITURES RECEIVE AN ADDITIONAL LEVEL OF REVIEW BEFORE PAYMENT TO ENSURE THAT THE EXPENDITURE IS CONSISTENT WITH GRANT AND/OR GIFT DOCUMENTS. MONTHLY REPORTS ARE SENT TO GRANT PROGRAM PERSONNEL TO TRACK TOTAL GRANT EXPENDITURES. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual Schedule F, Part III(c) Explanation of estimate for number of recipients EAST ASIA AND THE PACIFIC:N/A Schedule F, Part III Method used to account for expenditures on org's financial statements EAST ASIA AND THE PACIFIC -Accrual EUROPE (INCLUDING ICELAND AND GREENLAND) -Accrual Schedule F, Part V SCHEDULE F, PART I, LINE 2: GRANT EXPENDITURES RECEIVE AN ADDITIONAL LEVEL OF REVIEW BEFORE PAYMENT TO ENSURE THAT THE EXPENDITURE IS CONSISTENT WITH GRANT AND/OR GIFT DOCUMENTS. MONTHLY REPORTS ARE SENT TO GRANT PROGRAM PERSONNEL TO TRACK TOTAL GRANT EXPENDITURES. X X X X X X true STEFANIE MATHEW STRATEGIES LLC 24 COURTHOUSE SQUARE APT 605 ROCKVILLE MD 28050 Stefanie Mathew was hired as Corporate Partnerships Consultant in 2024 to help the Thomas Jefferson Foundation establish a sustainable corporate partnership strategy, ultimately engaging key stakeholders and generating new revenue. Stefanie worked with Development staff to identify a slate of prospective corporate partners and prepare an approach spanning from research and planning to proposal, negotiation, and commitment. false 10000 222000 -212000 10000 222000 -212000 CA CO CT DC FL GA AL HI IL KS KY ME AK MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA AR WA WV WI Schedule G, Part I, Line 2b(ii) Describe the custody or control arrangement. STEFANIE MATHEW STRATEGIES LLC-N/A; Schedule G, Part I, Line 2b(v) payment of fees or payment of expenses STEFANIE MATHEW STRATEGIES LLC-N/A; true JEFFERSON SCHOOL AFRICAN AMERICAN HERITAGE CENTER 233 4TH STREET NW CHARLOTTESVILLE VA 22903 475411481 501(c)(3) 10000 0 N/A N/A CITIZEN SERVICE AWARD 1 0 EDUCATION SCHOLARSHIP EXPENSE 4996 83331 0 N/A N/A PROMISE GRANT AWARDS 6 24855 0 N/A N/A FELLOWSHIP EXPENSE 8 80000 0 N/A N/A Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds THE ROBERT H. SMITH INTERNATIONAL CENTER FOR JEFFERSON STUDIES FELLOWSHIP AWARDS ARE MADE TO DOCTORAL CANDIDATES AND POSTDOCTORAL SCHOLARS WORKING ON THOMAS JEFFERSON RELATED OR THOMAS JEFFERSON ERA PROJECTS. MOST ARE EXPECTED TO BE IN RESIDENCE AT THE ROBERT H. SMITH INTERNATIONAL CENTER FOR JEFFERSON STUDIES, WHERE THEY HAVE ACCESS TO THE FOUNDATION'S EXPERT STAFF AND RESEARCH HOLDINGS AT THE JEFFERSON LIBRARY AS WELL AS THOSE OF THE UNIVERSITY OF VIRGINIA. POTENTIAL FELLOWS MUST SUBMIT A SUCCINCT DESCRIPTION OF THE RESEARCH PROJECT (500 WORDS), ONE-PARAGRAPH SUMMARY OF THE PROJECT AND A RESUME. AWARDS ARE MADE TWICE YEARLY. THE APPLICATIONS ARE REVIEWED BY A SELECTION COMMITTEE CONSISTING OF SEVERAL FOUNDATION STAFF MEMBERS AND PROFESSORS AT THE UNIVERSITY OF VIRGINIA HISTORY DEPARTMENT. THE FELLOWSHIP AWARDS ARE GIVEN FOR THE MOST WORTHY PROPOSALS. THE MONTICELLO TEACHER INSTITUTE (MTI) FELLOWSHIP AWARDS ARE MADE TO FULL-TIME SOCIAL STUDIES TEACHERS. IN-TOWN ACCOMMODATIONS AND TRANSPORTATION ARE INCLUDED IN THE MTI FELLOWSHIP AWARD. POTENTIAL FELLOWS ARE CHOSEN BY A SELECTION COMMITTEE BASED ON EVIDENCE OF THE APPLICANT'S SUCCESS AS A TEACHER; DEMONSTRATION THAT THE FELLOWSHIP WILL RELATE TO THE TEACHING SKILLS AND NEEDS OF THE APPLICANT; AND THE COMMITMENT AND QUALIFICATIONS OF THE APPLICANT TO UNDERTAKE A CONCENTRATED STUDY RELATING TO THE LIFE AND TIMES OF THOMAS JEFFERSON, INCLUDING BASIC RESEARCH SKILLS, WRITING PROFICIENCY, AND COMPETENCY USING DIGITAL EDUCATION TOOLS AND TECHNOLOGY. PARTICIPANTS ARE ASKED TO SUBMIT A FINAL REPORT DETAILING THEIR FELLOWSHIP EXPERIENCE, AS WELL AS EDUCATIONAL MATERIALS SUITABLE FOR PUBLICATION ON MONTICELLO'S DIGITAL CLASSROOM WEBSITE. THE FOUNDATION MAINTAINS MULTIPLE CHILDREN'S EDUCATION SCHOLARSHIP FUNDS THAT PROVIDE VISITS TO MONTICELLO, INCLUDING TRANSPORTATION, FREE OF CHARGE. SOME FUNDS AWARD SCHOLARSHIPS TO SCHOOLS IN LOW-INCOME DISTRICTS WITHIN THE STATE OF VIRGINIA. ONE FUND SPECIFICALLY PROVIDES SCHOLARSHIPS FOR ELEMENTARY SCHOOL CHILDREN IN THE AREAS SURROUNDING MONTICELLO. THE PURPOSE OF THESE PROGRAMS IS TO ENRICH STUDENTS' UNDERSTANDING OF THE LIVES OF THOMAS JEFFERSON, HIS FAMILY, AND THE ENSLAVED COMMUNITY AT MONTICELLO. ADDITIONALLY, THE PROGRAMS PROVIDE VALUABLE HISTORICAL INFORMATION TO ENABLE STUDENTS TO UNDERSTAND THE BASIC VALUES, PRINCIPLES, AND OPERATION OF AMERICAN CONSTITUTIONAL DEMOCRACY. GETTING WORD PROMISE GRANTS PROVIDE SCHOLARSHIPS TO PROVIDE FOR CONTINUING EDUCATION (INCLUDING COLLEGE, COMMUNITY COLLEGE, AND VOCATIONAL SCHOOL) TO STUDENTS WHOSE FAMILIES HAVE BEEN PARTICIPANTS IN THE FOUNDATION'S "GETTING WORD" AFRICAN AMERICAN ORAL HISTORY PROJECT. ELIGIBILITY, AMOUNT OF AWARD, AND DURATION OF THE PROMISE GRANT SCHOLARSHIP ARE DETERMINED BY THE FOUNDATION. X X X X true true false false false false false false true true LESLIE GREENE BOWMAN FORMER PRESIDENT 0 0 0 0 693130 0 0 0 0 0 693130 0 259663 0 JANE KAMENSKY PHD PRESIDENT & CEO (FROM 1/15) 604164 0 0 0 0 0 0 0 11759 0 615923 0 0 0 CHRISTINE P BARTH VP & CFO 320148 0 0 0 0 0 14361 0 10278 0 344787 0 0 0 PETER G HALLOCK INTERIM PRESIDENT (1/1 - 1/14) 259726 0 0 0 0 0 15953 0 7760 0 283439 0 0 0 LAURA NICHOLS VP EXTERNAL RELATIONS 130000 0 25000 0 175 0 0 0 1759 0 156934 0 0 0 JOHN J LOONEY EDITOR, THOMAS JEFFERSON PAPER 177417 0 0 0 0 0 10702 0 5029 0 193148 0 0 0 ANDREW R HUFF DIRECTOR OF IT 151722 0 0 0 0 0 9687 0 10844 0 172253 0 0 0 Schedule J, Part I, Line 4a Severance or change-of-control payment LESLIE GREENE BOWMAN - RECEIVED $352,552 FOR SEVERANCE PAY. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan LESLIE GREENE BOWMAN - RECEIVED A $340,578 PAYMENT FROM A NONQUALIFIED DEFERRED COMPENSATION PLAN. Schedule J, Part I, Line 8 Payments on contract that is subject to the initial contract exception NEW PRESIDENT ENTERED INTO AN INITIAL CONTRACT WITH THE FOUNDATION EFFECTIVE JANUARY 15, 2024. NEW CFO ENTERED INTO AN INITIAL CONTRACT WITH THE FOUNDATION EFFECTIVE APRIL 27, 2024. BOTH CONTRACTS ARE SUBJECT TO THE INTITIAL CONTRACT EXCEPTION. PRESIDENT AND CFO ARE PAID A FIXED BI-MONTHLY SALARY BASED ON THESE CONTRACTS. A EDA OF ALBEMARLE COUNTY VIRGINIA 521297503 01266PAB7 2021-12-20 29840000 SEE PART VI false false false A 0 0 0 29840000 0 0 0 0 0 0 0 0 2009 true false true true A false false false false false false 0.0 0.0 0.0 false false 0 false true A true false false false true false 0 false false false 0 false false true A true Schedule K, Part I Line A(F) CURRENT REFUNDING OF ISSUER'S VARIABLE RATE REVENUE BONDS (THOMAS JEFFERSON FOUNDATION, INC.), SERIES 2007, ISSUED ON JUNE 27, 2007 TO FINANCE THE COSTS OF CONSTRUCTION OF A VISITOR CENTER. Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: EDA OF ALBEMARLE COUNTY, VIRGINIA N/A X 39210 Market value 10 283711 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - N/A THE ORGANIZATION REPORTS THE NUMBER OF CONTRIBUTIONS. Books and publications - THE ORGANIZATION REPORTS THE NUMBER OF CONTRIBUTIONS. Form 990, Part III, Line 1 ORGANIZATION'S MISSION THE THOMAS JEFFERSON FOUNDATION'S MISSION IS TWO-FOLD: PRESERVATION - TO CONSERVE, PROTECT, AND MAINTAIN MONTICELLO IN A MANNER THAT LEAVES IT ENHANCED AND UNIMPAIRED FOR FUTURE GENERATIONS AND EDUCATION - TO INTERPRET AND PRESENT THOMAS JEFFERSON, HIS FAMILY, AND THOSE HE HELD IN SLAVERY TO THE WIDEST POSSIBLE AUDIENCES, INCLUDING SCHOLARS AND THE GENERAL PUBLIC. THE FOUNDATION'S TWENTY-FIRST CENTURY VISION IS TO BRING HISTORY FORWARD INTO NATIONAL AND GLOBAL DIALOGUES. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FOUNDATION'S FORM 990 IS REVIEWED AND APPROVED BY MANAGEMENT AND THEN FORWARDED TO THE AUDIT COMMITTEE FOR REVIEW. UPON APPROVAL BY THE AUDIT COMMITTEE, THE FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF TRUSTEES AND THEN SUBSEQUENTLY FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE FOUNDATION HAS A WRITTEN "ETHICS POLICY AND CODE OF CONDUCT" WHICH REQUIRES THE BOARD OF TRUSTEES, EMPLOYEES, INTERNS, AND VOLUNTEERS TO ANNUALLY REVIEW THE POLICY AND DISCLOSE IN WRITING ANY POTENTIAL CONFLICTS OF INTEREST. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE EXECUTIVE COMMITTEE REVIEWS COMPENSATION FOR THE PRESIDENT / CEO ANNUALLY. THE FOUNDATION REGULARLY USES SALARY INFORMATION OBTAINED FROM THE FOLLOWING SALARY SURVEYS: ASSOCIATION OF ART MUSEUM DIRECTORS, QUATT NATIONWIDE MUSEUM AND CULTURAL INSTITUTION COMPENSATION SURVEY, AND THE QUATT NOT FOR PROFIT COMPENSATION SURVEY. THE EXECUTIVE COMMITTEE REVIEWS THE SURVEY INFORMATION AS COMPARED WITH THE SALARY PAID TO OFFICERS AND UPPER MANAGEMENT, GIVES INPUT, AND APPROVES THE COMPENSATION. THE EXECUTIVE COMMITTEE HAS THE FINAL APPROVAL FOR ALL OFFICER AND KEY EMPLOYEE COMPENSATION. THE EXECUTIVE COMMITTEE DOCUMENTS ITS REVIEW AND APPROVAL WITHIN THE MINUTES OF THE EXECUTIVE COMMITTEE MEETING. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE EXECUTIVE COMMITTEE REVIEWS COMPENSATION FOR THE VP / CFO & OTHER SENIOR MANAGEMENT ANNUALLY. THE FOUNDATION REGULARLY USES SALARY INFORMATION OBTAINED FROM THE FOLLOWING SALARY SURVEYS: ASSOCIATION OF ART MUSEUM DIRECTORS, QUATT NATIONWIDE MUSEUM AND CULTURAL INSTITUTION COMPENSATION SURVEY, AND THE QUATT NOT FOR PROFIT COMPENSATION SURVEY. THE EXECUTIVE COMMITTEE REVIEWS THE SURVEY INFORMATION AS COMPARED WITH THE SALARY PAID TO OFFICERS AND UPPER MANAGEMENT, GIVES INPUT, AND APPROVES THE COMPENSATION. THE EXECUTIVE COMMITTEE HAS THE FINAL APPROVAL FOR ALL OFFICER AND KEY EMPLOYEE COMPENSATION. THE EXECUTIVE COMMITTEE DOCUMENTS ITS REVIEW AND APPROVAL WITHIN THE MINUTES OF THE EXECUTIVE COMMITTEE MEETING. Form 990, Part VI, Line 19 Required documents available to the public THE FOUNDATION DOES NOT PUBLISH ITS ORGANIZATIONAL DOCUMENTS OR ITS "ETHICS POLICY AND CODE OF CONDUCT". THE FOUNDATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE FOR DOWNLOAD VIA THE MONTICELLO.ORG WEBSITE. Form 990, Part XI, Line 9 Other changes in net assets or fund balances UNREALIZED LOSS ON INTEREST RATE SWAP CONTRACT - 403688; Total - 403688; JEFFERSON VINEYARDS LLC 1070 MONTICELLO LOOP CHARLOTTESVILLE VA 22902 884159329 VINEYARD VA 1703896 15070312 TJFINC Schedule R, Part I IN OCTOBER 2022, THE FOUNDATION CREATED THE WHOLLY OWNED VIRGINIA LIMITED LIABILITY COMPANY, TJF ACQUISITION LLC (TJF ACQUISITION), AS A HOLDING ENTITY FOR A PLANNED BUSINESS PURCHASE. TJF ACQUISITION WAS LATER RENAMED JEFFERSON VINEYARDS LLC. EFFECTIVE DECEMBER 31, 2023, JEFFERSON VINEYARDS LLC PURCHASED CERTAIN LAND PARCELS AND ASSETS PREVIOUSLY OWNED BY JEFFERSON VINEYARDS LP AND WNG LLC (COLLECTIVELY DOING BUSINESS AS JEFFERSON VINEYARDS). JEFFERSON VINEYARDS IS ENGAGED IN THE MANUFACTURE, MARKETING AND SELLING OF WINE, AS WELL AS CERTAIN FARMING OPERATIONS. JEFFERSON VINEYARDS' EXISTING EMPLOYEES WERE OFFERED CONTINUED EMPLOYMENT WITH THE FOUNDATION AS OF JANUARY 1, 2023.