WILLIAM & MARY LAW SCHOOL FOUNDATION

EIN: 541224563 501(c)(3) Education

WILLIAMSBURG, VA

Total Revenue
$9,647,991
Total Expenses
$6,403,341
Total Assets
$74,983,091
Net Assets
$74,355,093
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
VA
Principal Officer
DANIEL SCIANANDRE
Phone
7572211514
Tax Period
2024-07-01 to 2025-06-30

WILLIAM & MARY LAW SCHOOL FOUNDATION, founded in 1984, is a community nonprofit in the Education sector that reported $9.6M in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.2M, a strong 34% operating margin.

Mission

TO SUPPORT THE WILLIAM & MARY LAW SCHOOL AT THE COLLEGE OF WILLIAM & MARY.

Program Service Accomplishments

Program 1
Expenses: $840,492 Revenue: $36,097

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...

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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.

Program 2
Expenses: $2,119,308

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...

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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.

Program 3
Expenses: $2,065,868

PUBLIC SERVICE, SCHOLARSHIPS, FELLOWSHIPS AND STUDENT SERVICES EXPENSES.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,400,577
Program Service Revenue $37,525
Investment Income $6,209,889
Other Revenue $0
TOTAL REVENUE $9,647,991

Expense Breakdown

Grants Paid $2,065,868
Salaries & Benefits $0
Fundraising Expenses $713,993
Program Expenses $5,025,668
Other Expenses $4,337,473
TOTAL EXPENSES $6,403,341

Year-over-Year Comparison

2024 2023 Change
Revenue $9,647,991 $5,986,001 +0.6%
Expenses $6,403,341 $8,544,497 -0.3%
Net Income $3,244,650 $-2,558,496 -2.3%
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
23
Independent Members
23
Employees
N/A
Volunteers
27

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
7
$0
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VICTOR J MILLER CHAIR 2.00
Officer Director
$0 $0 $0
CATHERINE M MARRIOTT VICE-CHAIR 2.00
Officer Director
$0 $0 $0
JACOB A LUTZ III SECRETARY/TREASURER 2.00
Officer Director
$0 $0 $0
CARLA N ARCHIE TRUSTEE 0.50
Director
$0 $0 $0
MARCIA E ASQUITH TRUSTEE 0.50
Director
$0 $0 $0
SUSAN B COMPARATO TRUSTEE 0.50
Director
$0 $0 $0
IAN R CONNER TRUSTEE 0.50
Director
$0 $0 $0
STEPHEN P DIAMOND JR TRUSTEE 0.50
Director
$0 $0 $0
PATRICK M DYSON TRUSTEE 0.50
Director
$0 $0 $0
ANNE E BOMAR TRUSTEE 0.50
Director
$0 $0 $0
JOHN C FERNANDO TRUSTEE 0.50
Director
$0 $0 $0
LAUREN A FERRARI TRUSTEE 0.50
Director
$0 $0 $0
L ALLISON GARDE TRUSTEE 0.50
Director
$0 $0 $0
JAY B KENNEDY TRUSTEE 0.50
Director
$0 $0 $0
KINDRA L KIRKEBY TRUSTEE 0.50
Director
$0 $0 $0
JULIE P LAINE TRUSTEE 0.50
Director
$0 $0 $0
ROBERT M MCDOWELL TRUSTEE 0.50
Director
$0 $0 $0
NORA GARCIA NICKEL TRUSTEE 0.50
Director
$0 $0 $0
CHARLES D PATTERSON III TRUSTEE 0.50
Director
$0 $0 $0
JAMES A PENNEY TRUSTEE 0.50
Director
$0 $0 $0
KATRYN W HAMBRICK TRUSTEE 0.50
Director
$0 $0 $0
JIMMY F ROBINSON TRUSTEE 0.50
Director
$0 $0 $0
HOWARD A KWON TRUSTEE 0.50
Director
$0 $0 $0
KATEY HOWERTON CEO, ASST SECRETARY/TREASURER 1.00
Officer
$0 $0 $0
DAN SCIANANDRE CHIEF FINANCIAL OFFICER 1.00
Officer
$0 $0 $0
GEORGE PODOLIN ASSISTANT TREASURER 1.00
Officer
$0 $0 $0
JAIME WELCH-DONAHUE ASSISTANT TREASURER 1.00
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 $9,647,991 $6,403,341 $74,983,091 $3,244,650
2024 $5,986,001 $8,544,497 $70,226,006 $-2,558,496
2023 $5,575,288 $8,242,730 $67,806,943 $-2,667,442
2022 $10,133,362 $6,970,759 $66,975,105 $3,162,603
2021 $8,572,182 $7,072,600 $71,617,392 $1,499,582
2020 $7,245,738 $8,500,816 $56,391,482 $-1,255,078
2019 $8,397,933 $7,359,301 $61,410,843 $1,038,632
2018 $9,950,478 $7,184,687 $58,326,881 $2,765,791
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