The University of Virginia McIntire School of Commerce Foundation
The University of Virginia McIntire School of Commerce Foundation reported $16.1 million in revenue and $13.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $74.00 went to program services, $8.31 to management and general costs and $17.69 to fundraising. Its largest source of revenue was contributions and grants: 93.0% of the total. The highest compensation it reported for one person was $235,922 (DIRECTOR, WRB CENTER FOR REAL ESTATE). 6 people received more than $100,000 in reportable compensation. Revenue fell 45% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $14MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $16MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 74.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 17.7% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.16 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 93.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $235,922 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.72% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 6 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 185.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 33 of 35 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseSeven "centers of excellence" fortify the mcintire school's curriculum, support students and faculty, offer innovative, ambitious, cutting-edge research projects, support forums and ongoing lecture series, and boost the school's ability to nurture students into creative, intuitive, and responsible business professionals. The foundation also offers mcintire school students opportunities to take part in contemplative sciences, participate in student investment clubs, and enhance their abilities to create, manage, and lead high-performing teams. Executive development programs offer practitioners…
The foundation provided need- and merit-based scholarships and awards to approximately 186 undergraduate and graduate students during the 2024-25 academic year
The foundation made cash payments to the mcintire school for general operations, faculty support, program support, and transferred funds to the University of Virginia for mcintire school building improvements, renovations, and new construction
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR, WRB CENTER FOR REAL ESTATE Highest compensated employee, 40.00 hrs/week | $193,624 | $0 | $42,298 | $235,922 |
| DIRECTOR OF MEDIA AND DESIGN Highest compensated employee, 40.00 hrs/week | $130,207 | $0 | $37,783 | $167,990 |
| ENTERPRISE SOFTWARE ARCHITECT Highest compensated employee, 40.00 hrs/week | $132,836 | $0 | $32,771 | $165,607 |
| SENIOR SOFTWARE DEVELOPER Highest compensated employee, 40.00 hrs/week | $132,418 | $0 | $32,915 | $165,333 |
| DIRECTOR OF BUSINESS OPERATIONS Highest compensated employee, 40.00 hrs/week | $124,268 | $0 | $36,541 | $160,809 |
| EXECUTIVE DIRECTOR (THRU 8-15-2024) Director/trustee, officer, 20.00 hrs/week | $103,824 | $0 | $0 | $103,824 |
| EXECUTIVE DIRECTOR Director/trustee, officer, 20.00 hrs/week | $55,477 | $0 | $0 | $55,477 |
| SECRETARY AND TREASURER Director/trustee, officer, 5.00 hrs/week | $30,170 | $0 | $0 | $30,170 |
6 people received more than $100,000 in reportable compensation from The University of Virginia McIntire School of Commerce Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $154K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b35 · 33 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 529
- Volunteers Part I, line 6346
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| LES YEUX DU MONDE Consulting services | $422,071 |
| UNIVERSITY OF VIRGINIA INVESTMENT MANAGE Investment management | $344,576 |
| STORYFARM NEW MEDIA LLC Consulting services | $222,500 |
| THE UNIVERSITY OF VIRGINIA ALUMNI ASSOCI Accounting services | $151,459 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
12 private foundations reported grants to The University of Virginia McIntire School of Commerce Foundation totaling $172K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The University of Virginia McIntire School of Commerce Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The University of Virginia McIntire School of Commerce Foundation, you can publish a response that is linked from this page.
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Of every $100 The University of Virginia McIntire School of Commerce Foundation spent in FY2025, $74.00 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of The University of Virginia McIntire School of Commerce Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, The University of Virginia McIntire School of Commerce Foundation reported that 74.0% of its $13.8 million in expenses went to program services, 8.3% to management and general and 17.7% to fundraising (Form 990, Part IX).
How much does The University of Virginia McIntire School of Commerce Foundation pay its top executive?
The largest total compensation The University of Virginia McIntire School of Commerce Foundation reported for one person in the fiscal year ending June 30, 2025 was $235,922, for the role of DIRECTOR, WRB CENTER FOR REAL ESTATE (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The University of Virginia McIntire School of Commerce Foundation get its money?
Of $16.1 million in revenue in the fiscal year ending June 30, 2025, 93.0% came from contributions and grants and 0.5% from program service revenue (Form 990, Part VIII).
Is The University of Virginia McIntire School of Commerce Foundation a registered charity?
The IRS lists EIN 51-0159775 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202503579349300245 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202423559349300902 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202323199349306462 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202233559349300028 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202133159349301903 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202013109349302441 · read the filing
All filings for EIN 51-0159775: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.