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Nonprofit · EIN 54-0169627

UNIVERSITY OF MARY WASHINGTON FOUNDATION

Tax-exempt · FREDERICKSBRG, VA 22401

Financials

$42.6M$7.2M2022$28.9M$8.6M2023$21.7M$7.3M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY OF MARY WASHINGTON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$21,673,643$7,329,657$14,343,986$144,708,038$5,203,931$139,504,107
June 30, 2024990$28,903,550$8,584,087$20,319,463$133,326,315$12,608,904$120,717,411
June 30, 2023990$42,619,007$7,188,239$35,430,768$135,496,119$26,636,673$108,859,446
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$12,577,981
Program service revenue
$346,311
Investment income
$8,450,919
Net gain from sales of assets
$6,273,803
Other revenue
$298,432

Expenses

Grants and similar amounts paid
$4,878,466
Compensation of officers, directors and key employees
$29,791
Other salaries and wages
$698,049
Salaries, compensation and benefits (total)
$931,316
Professional fundraising fees
$0
Legal fees
$99,946
Accounting fees
$164,681
Travel
$50,311
Depreciation
$90,330
Program services (functional)
$5,772,146
Management and general (functional)
$1,249,077
Fundraising (functional)
$308,434

Balance sheet and other

Total assets, start of year
$133,326,315
Total assets, end of year
$144,708,038
Total liabilities, end of year
$5,203,931
Net assets, end of year
$139,504,107
Land, buildings and equipment
$17,599,353
Publicly traded securities
$81,043,730
Net assets without donor restrictions
-$1,643,728
Net assets with donor restrictions
$141,147,835
Gross unrelated business income
-$75,922
Gross receipts
$25,870,447
Employees
0
Volunteers
23
Year formed
1975
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JEFFREY ROUNTREEFORMER CEO
Former
50$348,762
SHANNON WILLIAMSCONTROLLER
Highest-paid employee
50$121,427
CATHERINE TURCOTTEEXECUTIVE DIRECTOR
Officer
30$11,796
ROBERT BARRY ESQIMMEDIATE PAST CHAIR
Trustee or director, Officer
0.1$0
PATRICIA KEMPDIRECTOR
Trustee or director
0.1$0
ANNE STEENCHAIR
Trustee or director, Officer
0.3$0
JACOB LONGTREASURER
Trustee or director, Officer
0.3$0
LOUIS MARMODIRECTOR
Trustee or director
0.1$0
ABAS ADENANDIRECTOR
Trustee or director
0.1$0
DANIEL CLENDENINDIRECTOR
Trustee or director
0.1$0
JOHN BOWMANDIRECTOR
Trustee or director
0.1$0
MIKHAEL CHARNOFFDIRECTOR
Trustee or director
0.1$0
JANEL DONOHUEDIRECTOR
Trustee or director
0.1$0
JAMES LLEWELLYNDIRECTOR
Trustee or director
0.1$0
XAVIER RICHARDSONDIRECTOR
Trustee or director
0.1$0
11 more people on this return
NameTitleHours / weekCompensation
KERWIN MILLERDIRECTOR
Trustee or director
0.1$0
LESLIE TILGHMANDIRECTOR
Trustee or director
0.1$0
JUSTIN GERBEREUXDIRECTOR
Trustee or director
0.1$0
DONNA GLADISDIRECTOR
Trustee or director
0.1$0
MICHAEL JOHNSONDIRECTOR
Trustee or director
0.1$0
VICKY WILDERSECRETARY
Trustee or director, Officer
0.3$0
SARAH STRASSHEIMVICE-CHAIR
Trustee or director, Officer
0.3$0
WILLIAM MURRAYDIRECTOR
Trustee or director
0.1$0
TROY PAINODIRECTOR
Trustee or director
0.1$0
KOURTNEY WHITEHEADDIRECTOR
Trustee or director
0.1$0
ROBERT WHITTDIRECTOR
Trustee or director
0.1$0
990 for the year ended June 30, 2024: 33 people
NameTitleHours / weekCompensationOther / benefits
JEFF W ROUNTREECEO
Officer
65$268,252$32,142
GREGORY A BRANNERCFO/TREASURER TO 10/2023
Officer
60$142,312$30,636
SHANNON WILLIAMSCONTROLLER
Highest-paid employee
55$113,734$9,575
ROBERT BARRY ESQCHAIR
Trustee or director, Officer
0.3$0$0
PATRICIA KEMPVICE-CHAIR
Trustee or director, Officer
0.1$0$0
ANN STEENSECRETARY
Trustee or director, Officer
0.3$0$0
SUE BRIDITREASURER
Trustee or director, Officer
0.3$0$0
EDWARD ALLISON JRIMMEDIATE PAST CHAIR
Trustee or director, Officer
0.1$0$0
KATIE TURCOTTEEXECUTIVE DIRECTOR
Trustee or director
6$0$0
ABAS ADENANDIRECTOR
Trustee or director
0.1$0$0
ROSS BIERKANDIRECTOR
Trustee or director
0.1$0$0
JOHN BOWMANDIRECTOR
Trustee or director
0.1$0$0
MIKHAEL CHARNOFFDIRECTOR
Trustee or director
0.1$0$0
DAN CLENDENINDIRECTOR
Trustee or director
0.1$0$0
DEVON CUSHMANDIRECTOR
Trustee or director
0.1$0$0
JANEL DONOHUEDIRECTOR
Trustee or director
0.1$0$0
DORI EGLEVSKYDIRECTOR
Trustee or director
0.1$0$0
CRAIG ERWINDIRECTOR
Trustee or director
0.1$0$0
JUSTIN GERBEREUXDIRECTOR
Trustee or director
0.1$0$0
DONNA GLADISDIRECTOR
Trustee or director
0.1$0$0
MICHAEL JOHNSONDIRECTOR
Trustee or director
0.1$0$0
LOUIS MARMODIRECTOR
Trustee or director
0.1$0$0
JUDGE KERWIN MILLER SRDIRECTOR
Trustee or director
0.1$0$0
DON NEWLINDIRECTOR
Trustee or director
0.1$0$0
DR TROY PAINODIRECTOR
Trustee or director
0.1$0$0
VICKI RAVENELDIRECTOR
Trustee or director
0.1$0$0
JAMES REVEREDIRECTOR
Trustee or director
0.1$0$0
XAVIER RICHARDSONDIRECTOR
Trustee or director
0.1$0$0
SARAH STRASSHEIMDIRECTOR
Trustee or director
0.1$0$0
LESLIE TILGHMANDIRECTOR
Trustee or director
0.1$0$0
KOURTNEY WHITEHEADDIRECTOR
Trustee or director
0.1$0$0
ROB WHITT IIIDIRECTOR
Trustee or director
0.1$0$0
VICKY WILDERDIRECTOR
Trustee or director
0.1$0$0
990 for the year ended June 30, 2023: 35 people
NameTitleHours / weekCompensationOther / benefits
JEFF W ROUNTREECEO
Officer
65$269,667$31,440
GREGORY A BRANNERCFO/TREASURER
Officer
60$169,339$35,686
SHANNON C WILLIAMSCONTROLLER
Highest-paid employee
45$111,505$9,509
EDWARD V ALLISON JRCHAIR
Trustee or director, Officer
0.6$0$0
DORI EGLEVSKYVICE-CHAIR
Trustee or director, Officer
0.6$0$0
ROBERT J BARRYSECRETARY
Trustee or director, Officer
0.6$0$0
KATHLEEN S MEHFOUDIMMEDIATE PAST CHAIR
Trustee or director, Officer
0.6$0$0
ABAS ADENANDIRECTOR
Trustee or director
0.3$0$0
ROSS BIERKANDIRECTOR
Trustee or director
0.6$0$0
JOHN BOWMANDIRECTOR
Trustee or director
0.3$0$0
SUE BRIDIDIRECTOR
Trustee or director
0.3$0$0
MIKHAEL CHARNOFFDIRECTOR
Trustee or director
0.3$0$0
MICHAEL A CIRAMIDIRECTOR
Trustee or director
0.3$0$0
DANIEL CLENDENINDIRECTOR
Trustee or director
0.3$0$0
DEVON W CUSHMANDIRECTOR
Trustee or director
0.3$0$0
JANEL S DONOHUEDIRECTOR
Trustee or director
0.3$0$0
CRAIG ERWIN TERM 063023DIRECTOR
Trustee or director
0.3$0$0
JUSTIN T GERBEREUXDIRECTOR
Trustee or director
0.3$0$0
DONNA S GLADISDIRECTOR
Trustee or director
0.3$0$0
MICHAEL A JOHNSONDIRECTOR
Trustee or director
0.3$0$0
LEE E KELLEYDIRECTOR
Trustee or director
0.3$0$0
PATRICIA B KEMPDIRECTOR
Trustee or director
0.3$0$0
PAUL MESSPLAY TERM 011523DIRECTOR
Trustee or director
0.3$0$0
KERWIN A MILLER SRDIRECTOR
Trustee or director
0.3$0$0
DONALD NEWLINDIRECTOR
Trustee or director
0.6$0$0
TROY D PAINODIRECTOR
Trustee or director
0.6$0$0
VICKI RAVENELDIRECTOR
Trustee or director
0.3$0$0
JAMES H REVEREDIRECTOR
Trustee or director
0.3$0$0
XAVIER R RICHARDSONDIRECTOR
Trustee or director
0.3$0$0
ANNE STEENDIRECTOR
Trustee or director
0.3$0$0
SARAH STRASSHEIMDIRECTOR
Trustee or director
0.3$0$0
LESLIE F TILGHMANDIRECTOR
Trustee or director
0.3$0$0
SEAN M TUFFYDIRECTOR
Trustee or director
0.3$0$0
KATIE TURCOTTEDIRECTOR
Trustee or director
0.3$0$0
VICKY WILDERDIRECTOR
Trustee or director
0.3$0$0

Address and contacts

Address (IRS master file)
1119 HANOVER ST, FREDERICKSBRG, VA 22401-5412
Principal officer (990 for 2024)
CATHERINE TURCOTTE, 1119 HANOVER STREET, FREDERICKSBURG, VA 22401
Signed the 990
CATHERINE TURCOTTE, EXECUTIVE DIRECTOR
Phone
(540) 654-2053
Return prepared by
CHERRY BEKAERT ADVISORY LLC

Mission

TO RECEIVE, HOLD, INVEST, ADMINISTER AND DISTRIBUTE FUNDS AND PROPERTY OF ALL KINDS, EXCLUSIVELY IN FURTHERANCE OF THE EDUCATIONAL ACTIVITIES AND OBJECTIVES OF THE UNIVERSITY OF MARY WASHINGTON.

990 for the year ended June 30, 2025

Program accomplishments

  • THE UMW FOUNDATION SERVES AS THE PRIVATE ASSET MANAGER FOR THE UNIVERISITY OF MARY WASHINGTON. THE FOUNDATION MANAGES ALL OF THE UNIVERSITY'S PRIVATELY DONATED CASH AND INVESTMENTS.
    Expenses $5,772,146 · grants $4,878,466 · revenue $346,311

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
54-0169627
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1975
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B42)
Assets (IRS master file)
$144,708,038
Income (IRS master file)
$25,870,447

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$21,673,643$7,329,657$144,708,038IRS
990-TJune 2025–––IRS
990June 2024$28,903,550$8,584,087$133,326,315IRS
990-TJune 2024–––IRS
990June 2023$42,619,007$7,188,239$135,496,119XML
990-TJune 2023–––IRS
990June 2022$10,995,561$7,573,385$108,466,422IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-0169627).

Questions about UNIVERSITY OF MARY WASHINGTON FOUNDATION

What is the EIN of UNIVERSITY OF MARY WASHINGTON FOUNDATION?
The employer identification number (EIN) of UNIVERSITY OF MARY WASHINGTON FOUNDATION is 54-0169627.
Is UNIVERSITY OF MARY WASHINGTON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to UNIVERSITY OF MARY WASHINGTON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY OF MARY WASHINGTON FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNIVERSITY OF MARY WASHINGTON FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNIVERSITY OF MARY WASHINGTON FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of UNIVERSITY OF MARY WASHINGTON FOUNDATION?
The 990 for the year ended June 30, 2025 names CATHERINE TURCOTTE.
Who are the officers and directors of UNIVERSITY OF MARY WASHINGTON FOUNDATION?
The 990 for the year ended June 30, 2025 lists 26 people; 3 received compensation from the organization, the highest $348,762 (JEFFREY ROUNTREE, FORMER CEO).
How much revenue does UNIVERSITY OF MARY WASHINGTON FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $21,673,643, expenses of $7,329,657 and total assets of $144,708,038 at year end.

Other nonprofits in FREDERICKSBRG

All nonprofits in FREDERICKSBRG · Virginia · Education