William & Mary Business School Foundation

EIN: 237079011 501(c)(3) Education

Williamsburg, VA

Total Revenue
$8,816,362
Total Expenses
$6,000,946
Total Assets
$120,268,428
Net Assets
$120,145,576
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
VA
Phone
7572212294
Tax Period
2023-07-01 to 2024-06-30

William & Mary Business School Foundation, founded in 1972, is a community nonprofit in the Education sector that reported $8.8M in total revenue in fiscal year 2023. The organization ran a surplus of $2.8M, a strong 32% operating margin.

Mission

To advance the goals of William & Mary's Raymond A. Mason School of Business through philanthropy by providing scholarships, programmatic and operational support, and support for its centers of excellence.

Program Service Accomplishments

Program 1
Expenses: $2,690,810 Revenue: $0

Funding was provided to the Raymond A. Mason School of Business for operational support of its highly ranked undergraduate and graduate programs, provision of need-based and merit-based scholarships...

Read more

Funding was provided to the Raymond A. Mason School of Business for operational support of its highly ranked undergraduate and graduate programs, provision of need-based and merit-based scholarships, support of faculty excellence and research projects, and funding of innovative student experiences including student investment projects, student research, corporate engagement projects, and other experiences to develop the application of business skills and equip students for lives of principled achievement.

Program 2
Expenses: $512,743 Revenue: $0

WILLIAM & MARY RAYMOND A MASON SCHOOL OF BUSINESS - ACADEMIC STUDENT CENTERS THE BOEHLY CENTER PREPARES STUDENTS FOR CAREERS IN FINANCE BY PROVIDING OPPORTUNITIES FOR ADVANCE FINANCIAL TRAINING...

Read more

WILLIAM & MARY RAYMOND A MASON SCHOOL OF BUSINESS - ACADEMIC STUDENT CENTERS THE BOEHLY CENTER PREPARES STUDENTS FOR CAREERS IN FINANCE BY PROVIDING OPPORTUNITIES FOR ADVANCE FINANCIAL TRAINING, CAREER EXPLORATION, NETWORKING AND EXPERIENTIAL LEARNING.

Program 3
Expenses: $62,581 Revenue: $0

THE MCLEOD BUSINESS LIBRARY AT THE WILLIAM & MARY RAYMOND A. MASON SCHOOL OF BUSINESS IS A MULTIPURPOSE, STATE-OF-THE-ART INFORMATION CENTER. IT SERVICES THE RESEARCH, STUDY AND EVERYDAY CURRICULAR...

Read more

THE MCLEOD BUSINESS LIBRARY AT THE WILLIAM & MARY RAYMOND A. MASON SCHOOL OF BUSINESS IS A MULTIPURPOSE, STATE-OF-THE-ART INFORMATION CENTER. IT SERVICES THE RESEARCH, STUDY AND EVERYDAY CURRICULAR NEEDS OF THE STUDENTS, FACULTY, STAFF AND THE BUSINESS COMMUNITY. USING THE LATEST DATABASE RESEARCH TOOLS, IT PROVIDES A UNIQUE OPPORTUNITY FOR STUDENTS AND FACULTY TO PERFOM IN PRACTICAL OR REAL WORLD SITUATIONS TO ENHANCE THEIR PERCEPTIONS OF THE BUSINESS WORLD.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,888,534
Program Service Revenue $0
Investment Income $2,945,274
Other Revenue $-17,446
TOTAL REVENUE $8,816,362

Expense Breakdown

Grants Paid $1,308,365
Salaries & Benefits $2,399,710
Fundraising Expenses $1,666,850
Program Expenses $3,266,134
Other Expenses $2,292,871
TOTAL EXPENSES $6,000,946

Year-over-Year Comparison

2023 2022 Change
Revenue $8,816,362 $9,094,759 0.0%
Expenses $6,000,946 $5,941,991 +0.0%
Net Income $2,815,416 $3,152,768 -0.1%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
32
Independent Members
32
Employees
N/A
Volunteers
32

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
8
$364,996
Total Directors
32
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARRY J SHARP TREASURER 1.0
Officer Director
$0 $0 $0
CYNTHIA H DAVIS SECRETARY 1.0
Officer Director
$0 $0 $0
PAUL C SAVILLE CHAIR 1.0
Officer Director
$0 $0 $0
RAYMOND MASON VICE CHAIR 1.0
Officer Director
$0 $0 $0
ALICE DAVISON TRUSTEE 1.0
Director
$0 $0 $0
ALLISON SPIVEY TRUSTEE 1.0
Director
$0 $0 $0
AMANDA EVERSOLE TRUSTEE 1.0
Director
$0 $0 $0
ANNE MCGEORGE TRUSTEE 1.0
Director
$0 $0 $0
COLLEEN DRUMMOND TRUSTEE 1.0
Director
$0 $0 $0
DAVID BURG TRUSTEE 1.0
Director
$0 $0 $0
DAVID H BAGGS TRUSTEE 1.0
Director
$0 $0 $0
DONALD L LOWMAN TRUSTEE 1.0
Director
$0 $0 $0
EDWARD T TOKAR TRUSTEE 1.0
Director
$0 $0 $0
ERWIN VAN DER VOORT TRUSTEE 1.0
Director
$0 $0 $0
FRANK ROACH TRUSTEE 1.0
Director
$0 $0 $0
G MICHAEL STAKIAS TRUSTEE 1.0
Director
$0 $0 $0
JEFFREY F ROGATZ TRUSTEE 1.0
Director
$0 $0 $0
JOHN HYMAN TRUSTEE 1.0
Director
$0 $0 $0
JULIE DOBSON TRUSTEE 1.0
Director
$0 $0 $0
KARIM H K AHAMED TRUSTEE 1.0
Director
$0 $0 $0
LEE CROLL TRUSTEE 1.0
Director
$0 $0 $0
LEONARD BROOKS III TRUSTEE 1.0
Director
$0 $0 $0
MATTHEW B SIANO TRUSTEE 1.0
Director
$0 $0 $0
MELINDA HANCOCK TRUSTEE 1.0
Director
$0 $0 $0
MELISSA BALLENGER TRUSTEE 1.0
Director
$0 $0 $0
MICHAEL MATACUNAS TRUSTEE 1.0
Director
$0 $0 $0
MOLLY PIERONI TRUSTEE 1.0
Director
$0 $0 $0
NICOLAS BOEL TRUSTEE 1.0
Director
$0 $0 $0
PHIL TUNING TRUSTEE 1.0
Director
$0 $0 $0
RICHARD C KRAEMER JR TRUSTEE 1.0
Director
$0 $0 $0
RICHARD FISHER TRUSTEE 1.0
Director
$0 $0 $0
TROY KEEN TRUSTEE 1.0
Director
$0 $0 $0
CARLA R KING-JOHNSON ASSISTANT TREASURER 40.0
Officer
$92,852 $25,054 $117,906
KELLIE MINER-FRAZIER ASSISTANT SECRETARY 40.0
Officer
$85,693 $30,215 $115,908
KIMBERLY SPERLING CEO 40.0
Officer
$104,944 $26,238 $131,182
SUSAN C RUCKER CFO 10.0
Officer
$0 $0 $0
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 $8,816,362 $6,000,946 $120,268,428 $2,815,416
2023 $9,094,759 $5,941,991 $110,015,479 $3,152,768
2022 $25,949,773 $6,740,718 $101,508,365 $19,209,055
2021 $9,533,267 $5,738,863 $93,537,218 $3,794,404
2020 $9,706,773 $5,249,475 $75,937,920 $4,457,298
2019 $9,433,383 $4,937,726 $73,508,506 $4,495,657
2018 $19,020,047 $4,713,297 $68,662,707 $14,306,750
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare William & Mary Business School Foundation with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.