William & Mary Real Estate Foundation

EIN: 208608553 501(c)(3)

Williamsburg, VA

Total Revenue
$4,180,354
Total Expenses
$3,527,262
Total Assets
$37,748,825
Net Assets
$16,593,120
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
VA
Phone
7572217805
Tax Period
2023-07-01 to 2024-06-30

WILLIAM & MARY REAL ESTATE FOUNDATION, founded in 2007, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2017. Revenue surged 144% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 34% operating margin.

Mission

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.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $337,506
Program Service Revenue $3,734,975
Investment Income $107,873
Other Revenue $0
TOTAL REVENUE $4,180,354

Expense Breakdown

Grants Paid $243,921
Salaries & Benefits $165,981
Fundraising Expenses $0
Program Expenses $3,363,727
Other Expenses $3,117,360
TOTAL EXPENSES $3,527,262

Year-over-Year Comparison

2023 2022 Change
Revenue $4,180,354 $3,290,864 +0.3%
Expenses $3,527,262 $2,738,492 +0.3%
Net Income $653,092 $552,372 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
9
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$339,891
Total Directors
11
$1,419,398
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANITA O POSTON Esq SECRETARY 0.3
Officer Director
$0 $0 $0
SEAN C HUGHES TREASURER 0.3
Officer Director
$0 $44,919 $276,463
WILL PAYNE CHAIR 0.3
Officer Director
$0 $0 $0
ANDREW HORROCKS BOARD MEMBER 0.1
Director
$0 $0 $0
D SCOTT FOSTER Esq VICE CHAIR 0.1
Director
$0 $0 $0
EDDIE WAITZER BOARD MEMBER 0.1
Director
$0 $0 $0
JODY FORSYTH BOARD MEMBER 0.1
Director
$0 $0 $0
KATHERINE A ROWE BOARD MEMBER 0.1
Director
$0 $59,943 $1,142,935
STEPHAN H GORDON BOARD MEMBER 0.1
Director
$0 $0 $0
SUSAN F DEWEY BOARD MEMBER 0.1
Director
$0 $0 $0
WILLIAM J KINIRY BOARD MEMBER 0.1
Director
$0 $0 $0
SETH LOGAN HALL EXECUTIVE DIRECTOR 40.0
Officer
$58,509 $4,919 $63,428
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $4,180,354 $3,527,262 $37,748,825 $653,092
2023 $3,290,864 $2,738,492 $36,327,837 $552,372
2022 $2,972,899 $2,405,543 $31,984,626 $567,356
2021 $2,741,721 $2,258,006 $31,758,698 $483,715
2020 $3,233,472 $2,030,296 $31,283,128 $1,203,176
2019 $3,592,131 $1,660,434 $25,891,959 $1,931,697
2018 $3,194,081 $2,104,771 $24,505,798 $1,089,310
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