The University Of Virginia Frank Batten School Of Leadership And
- Assets
- $10.8m
- Revenue
- $341.2k
- Investments
- $9.6m
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- 08/2016
- Data as of
- 06/2022
- EIN
- 81-1390563
Organization Overview
The University Of Virginia Frank Batten School Of Leadership And is located in Charlottesville, VA. The organization was established in 2016. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Virginia Frank Batten School Of Leadership And is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, University Of Virginia Frank Batten School Of Leadership And generated $341.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $395.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE UNIVERSITY OF VIRGINIA FRANK BATTEN SCHOOL OF LEADERSHIP AND PUBLIC POLICY FOUNDATION'S (THE FOUNDATION) MISSION IS TO SUPPORT THE UNIVERSITY OF VIRGINIA FRANK BATTEN SCHOOL OF LEADERSHIP AND PUBLIC POLICY (THE SCHOOL) BY ENGAGING IN FUND-RAISING AND MANAGEMENT OF ENDOWMENT AND OTHER ASSETS FOR THE BENEFIT OF THE SCHOOL, SUPPORTING AND ADVANCING THE PURPOSES OF THE SCHOOL, AND ADMINISTERING GIFTS, GRANTS, BEQUESTS, AND DEVISES FOR THE SUPPORT AND ADVANCEMENT OF THE SCHOOL. THE FOUNDATION'S PRIMARY FUNDING SOURCES ARE CONTRIBUTIONS FROM INDIVIDUALS AND GRANTS FROM FOUNDATIONS FOR THE SUPPORT OF THE SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL SUPPORT - EXPENDITURES SUPPORTING THE UNIVERSITY OF VIRGINIA AND OTHER ORGANIZATIONS TO SUPPORT THE SCHOOL INCLUDING OPERATIONAL SUPPORT, FACILITIES IMPROVEMENT, AND MANAGEMENT.
STUDENT SUPPORT - EXPENDITURES SUPPORTING INDIVIDUAL STUDENTS THROUGH SCHOLARSHIPS, FELLOWSHIPS, OR RESEARCH AWARDS; OR ADMINISTRATIVE AND OPERATIONAL SUPPORT FOR STUDENT-FOCUSED PROGRAMS.
FACULTY SUPPORT - EXPENDITURES SUPPORTING FACULTY SUCCESS IN ANY PORTION(S) OF EDUCATIONAL, RESEARCH, AND SERVICE MISSIONS VIA DIRECT FUNDING OF INITIATIVES, SALARY SUPPORT, PROFESSIONAL DEVELOPMENT, OR OTHER RELATED ENDEAVORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Ian Solomon Trustee, Dean | Trustee | 2 | $21,630 |
Mr Craig Lindqvist Executive Director | Officer | 2 | $13,345 |
Mrs Victoria Dux Harker Trustee, Chair | OfficerTrustee | 1 | $0 |
Mr John D Milton Jr Trustee | Trustee | 1 | $0 |
Ms Elena B Olson Trustee | Trustee | 1 | $0 |
Mr Frank Batten Jr Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $343,306 |
| Noncash contributions included in lines 1a–1f | $66,459 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $343,306 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,069 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $341,237 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $281,690 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,695 |
| Fees for services: Accounting | $47,293 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,359 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,999 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,817 |
| All other expenses | $0 |
| Total functional expenses | $395,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $514,124 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $722,495 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,607,451 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,844,070 |
| Accounts payable and accrued expenses | $3,933 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,933 |
| Net assets without donor restrictions | $41,715 |
| Net assets with donor restrictions | $10,798,422 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,844,070 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The University Of Virginia Frank Batten School Of Leadership And has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Shell Oil Company Foundation Houston, TX PURPOSE: MG | $2,000 |
Endowment Analysis
| Beg. Balance | $9,632,664 |
| Earnings | -$486,443 |
| Admin Expense | $21,271 |
| Net Contributions | $482,500 |
| Ending Balance | $9,607,450 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Maryland College Park Foundation Inc College Park, MD | $869,831,500 | $109,216,276 |
The University Of Tennessee Foundat Ion Inc Knoxville, TN | $742,610,209 | $198,804,674 |
Nc State Investment Fund Inc Raleigh, NC | $1,930,063,391 | $166,344,497 |
University Of Louisville Foundation Inc Louisville, KY | $1,075,988,166 | $43,496,002 |
Old Dominion University Research Foundation Norfolk, VA | $35,170,684 | $51,598,508 |
University Of Virginia Darden School Foundation Charlottesville, VA | $664,692,543 | $80,428,705 |
Unc Health Foundation Inc Chapel Hill, NC | $571,825,040 | $92,147,897 |
William & Mary Foundation Williamsburg, VA | $1,122,551,962 | $79,373,462 |
University Of Virginia Foundation Charlottesville, VA | $508,958,321 | $36,530,024 |
North Carolina State University Foundation Inc Raleigh, NC | $679,121,022 | $52,520,062 |
University Health Services Inc Richmond, VA | $34,736,696 | $16,366,834 |
Medical College Of Virginia Foundation Richmond, VA | $645,911,510 | $54,318,573 |