Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $20,852,792

• 1g · Noncash contributions included above

  $4,106,129

• 2a · Program service revenue: OTHER AUXILARY REVENUE

  total $278,901 · related or exempt $278,901

• 2b · Program service revenue: STUDENT ACTIVITIES

  total $58,946 · related or exempt $58,946

• 3 · Investment income

  total $3,740,275 · excluded $3,740,275

• 6a · Gross rents

  real property $8,189

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $8,189

• 6d · Net rental income or loss

  total $8,189 · excluded $8,189

• 7a · Gross sales of assets other than inventory

  securities $116,738,115 · other assets $113,674

• 7b · Less cost or other basis and sales expenses

  securities $89,566,057 · other assets $116,796

• 7c · Gain or loss

  securities $27,172,058 · other assets -$3,122

• 7d · Net gain or loss

  total $27,168,936 · excluded $27,168,936

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $31,845,543 · program services $31,845,543

• 2 · Grants to domestic individuals

  total $1,559,330 · program services $1,559,330

• 5 · Compensation of officers, directors and key employees

  total $2,131,925 · program services $23,142 · management and general $1,023,532 · fundraising $1,085,251

• 7 · Other salaries and wages

  total $2,582,417 · program services $416,921 · management and general $443,808 · fundraising $1,721,688

• 8 · Pension plan contributions

  total $360,541 · program services $46,520 · management and general $70,815 · fundraising $243,206

• 9 · Other employee benefits

  total $338,841 · program services $70,966 · management and general $60,532 · fundraising $207,343

• 10 · Payroll taxes

  total $262,977 · program services $31,127 · management and general $69,839 · fundraising $162,011

• 11b · Fees: legal

  total $37,427 · management and general $30,780 · fundraising $6,647

• 11c · Fees: accounting

  total $84,173 · management and general $84,173

• 11f · Fees: investment management

  total $2,448,050 · management and general $2,448,050

• 11g · Fees: other

  total $7,905 · program services $920 · management and general $2,468 · fundraising $4,517

• 13 · Office expenses

  total $202,663 · program services $17,933 · management and general $45,535 · fundraising $139,195

• 14 · Information technology

  total $202,127 · program services $14,582 · management and general $75,934 · fundraising $111,611

• 17 · Travel

  total $282,693 · program services $25,838 · management and general $2,825 · fundraising $254,030

• 19 · Conferences, conventions and meetings

  total $1,613,684 · program services $1,428,594 · management and general $99,038 · fundraising $86,052

• 22 · Depreciation, depletion and amortization

  total $27,834 · program services $21 · management and general $10,169 · fundraising $17,644

• 23 · Insurance

  total $69,872 · management and general $68,424 · fundraising $1,448

• 24a · Other expenses: PUBLICATIONS

  total $245,652 · program services $12,123 · management and general $93,145 · fundraising $140,384

• 24b · Other expenses: DUES & SUBSCRIPTIONS

  total $6,133 · management and general $6,133

• 24c · Other expenses: FEES & LICENSES

  total $4,417 · management and general $4,417

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,000 · end of year $245,139

• 2 · Savings and temporary cash investments

  beginning of year $19,098,979 · end of year $14,293,035

• 3 · Pledges and grants receivable

  beginning of year $7,481,565 · end of year $6,894,356

• 7 · Other notes and loans receivable

  beginning of year $94,887 · end of year $204,670

• 9 · Prepaid expenses and deferred charges

  beginning of year $99,227 · end of year $216,540

• 10a · Land, buildings and equipment: cost or other basis

  $1,537,428

• 10b · Land, buildings and equipment: accumulated depreciation

  $615,651

• 10c · Land, buildings and equipment, net

  beginning of year $783,198 · end of year $921,777

• 11 · Investments: publicly traded securities

  beginning of year $91,093,020 · end of year $72,912,442

• 12 · Investments: other securities

  beginning of year $582,954,248 · end of year $638,765,918

• 15 · Other assets

  beginning of year $38,533,967 · end of year $37,950,161

• 17 · Accounts payable and accrued expenses

  beginning of year $446,716 · end of year $330,400

• 27 · Net assets without donor restrictions

  beginning of year $98,539,657 · end of year $98,108,659

• 28 · Net assets with donor restrictions

  beginning of year $641,154,718 · end of year $673,964,979

The filer's explanations (Part III)

PART I, LINE 1A

THE FOUNDATION PROVIDES A FULL GYM MEMBERSHIP FEE SUBSIDY FOR MEMBERSHIP AT THE UNIVERSITY OF VIRGINIA INTRAMURAL-RECREATION SPORTS CENTER WHICH ALLOWS HOLDERS TO USE CERTAIN UNIVERSITY HEALTH AND FITNESS FACILITIES.

PART I, LINE 4B

LINE 4B, LUIS ALVAREZ JR. = $249,119

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• BOLLINGWOOD PROPERTIES LLC

  FACULTY HOUSING · VA · income $8,189 · assets $751,022

  Directly controlled by UVA LAW SCHOOL FOUNDATION

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER TRUSTS (64)

  INVESTMENTS · VA

  Directly controlled by UVA LAW SCHOOL FOUNDATION