2025-09-22T11:14:52-05:00 2025-06-30 541342298 Kositzka Wicks and Company 4405 Cox Road Suite 200 Glen Allen VA 23060 990 2024-07-01 541608930 The Maggie L Walker Governor's School Govt & Intl Studies Foundation MAGG 8043541566 1000 N Lombardy St Richmond VA 232202204 Karen Principe Treasurer 8043541566 2025-09-18 1 1 Kristen P Baietti P03245768 8048551200 2024 2025-03-06 01:10:19Z Karen Principe 1000 N Lombardy St Richmond VA 232202204 385988 0 X https://www.mlwgsfoundation.org/ X 1992 VA The Governor's School Foundation cultivates resources to enhance the educational experience of all students at Maggie L. Walker Governor's School. 14 14 2 110 0 0 381067 311630 0 0 5280 4545 3270 42118 389617 358293 22000 18000 0 0 103974 102791 0 0 93050 267219 307477 393193 428268 -3576 -69975 987446 1005725 5910 5379 981536 1000346 The Governor's School Foundation cultivates resources to enhance the educational experience of all students at Maggie L. Walker Governor's School. 0 0 258254 18000 In addition to the $21,637 (noted here) provided to Booster groups from the Night of the Dragon, the Foundation fulfilled requests from the school administration to support teachers and students in ways not possible within the school's operating budget. This included funding travel and other academic experiences and opportunities for students, professional development and graduate coursework for teachers, academic clubs and competitions, classroom enhancements, and financial aid for students in need. 22247 The Foundation provided funding for instructional support, including in school professional development programs for teachers, tuition reimbursement for teachers who take graduate courses, and funding for teachers to attend educational conferences. 280501 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 VA X Karen Principe 8043541566 1000 N Lombardy St Richmond VA 23220 Tyler Gibson Director 1.00 X 0 0 0 Anikka Moore Director 1.00 X 0 0 0 Brian Baird Director 1.00 X 0 0 0 Monique Johnson Director 1.00 X 0 0 0 Cynthia Kostelecky Director 1.00 X 0 0 0 Stinson Mundy Director 1.00 X 0 0 0 Julie Seabury Director 1.00 X 0 0 0 Lakshmi Algappan Director 1.00 X 0 0 0 Adam Powers Finance Committee Chair 1.00 X X 0 0 0 Emily Stegmaier Winbigler Governance Committee Chair 1.00 X X 0 0 0 Erin Ortiz Alumni Advisory Board Chair 1.00 X X 0 0 0 Julie Seitz Secretary 1.00 X X 0 0 0 Karen Principe Treasurer 1.00 X X 0 0 0 Veronica Chornodolsky Vice Chair/Events Committee Chair 1.00 X X 0 0 0 Beth Simms Chair 1.00 X X 0 0 0 Ginger O'Neil Executive Director 40.00 X 85000 0 0 85000 0 0 0 0 0 0 0 17605 294025 2490 311630 4545 4545 69813 17605 27695 42118 42118 358293 0 0 46663 18000 18000 90904 22726 22726 45452 4583 1146 1146 2291 7304 1826 1826 3652 25 25 15800 15800 32746 32746 22709 2231 11569 8909 1625 1625 Student activities supp 182148 182148 Instructional support 22247 22247 Alumni support 15350 15350 Other misc support 14827 14827 428268 280501 54717 93050 53456 198522 103426 15423 10721 6706 6706 0 0 4605 2980 768896 835142 987446 1005725 5206 5240 704 139 5910 5379 X 645774 625857 335762 374489 981536 1000346 987446 1005725 -69975 88785 0 X X 0 1 X 1 0 X X 1 Maggie L Walker Governor's School for Govt & Intl Stud 541915517 2 1 280501 0 1 280501 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 270725 0 24279 8320 0 0 286684 263649 0 17226 10150 0 0 270725 247672 365 15612 0 0 0 263649 268540 25000 -44868 1000 0 0 247672 207135 0 62905 1500 0 0 268540 1.00000 1 0 6706 6706 0 0 Beneficial interest in assets held by the Community Foundation 835142 835142 Funds held for others 139 139 X 447078 88785 88785 358293 0 358293 455963 27695 27695 428268 0 428268 Part V, Line 4: The Foundation's endowment funds include both donor-restricted funds to be held in perpetuity for the purpose of generating investment returns on a principal base as well as its beneficial interest in assets held by the Community Foundation which are restricted in perpetuity based on the agreement between the Foundation and the Community Foundation. All endowment funds are managed by the Community Foundation in an investment portfolio and subject to the Community Foundation's investment and spending policies. The Foundation's Board has the authority to determine how distributions are to be disbursed. Part X, Line 2: The Foundation is organized as a Virginia nonprofit corporation and has been recognized by the IRS as exempt from federal income taxes under IRC Section 509(a)(3) as organizations described in IRC Section 501(c)(3), and qualifies for the charitable contribution deduction, and has been determined not to be a private foundation. The material jurisdictions subject to potential examination by taxing authorities are the U.S. and Virginia. The Board does not believe that the ultimate outcome of any future examinations of open tax years will have a material impact on the Foundation's results of operations. Tax years that remain subject to examination by the Internal Revenue Service are 2022 through 2025. Part XII, Line 2d - Other Adjustments: Cost of direct benefits to donors 27,695. Auction 81220 17605 63615 27695 Reunion 6198 6198 0 87418 17605 69813 27695 27695 42118 0 Maggie L Walker Governor's School 1000 N Lombardy St Richmond VA 23220 541915517 170(c) 18000 0 Booster club support 1 X 2 1048 Fair Market Value X Auction Donation 180 48315 Auction Proceeds 0 0 1 Part I, Line 32b: The Organization hires a third party to process and sell non-cash items donated to be sold in auction. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the Board Treasurer and Finance Committee prior to its filing. Form 990, Part VI, Section B, line 12c The Governance and Nominating Committee receives directors' responses to the conflict of interest statement and advises the Executive Committee of all potential conflicts. The Executive Committee then addresses any conflict before votes or deliberations are made. Form 990, Part VI, Section C, line 19 Governing documents are made available upon request. Form 990, Part XII, Line 2c The oversight process and selection process for the independent auditor has not changed.