William & Mary Business School Foundation
To advance the goals of William & Mary's Raymond A. Mason School of Business through philanthropy by providing scholarships, programmatic and operational support, and support for its centers of excellence.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$120.3M
+9.3% YoY
Annual Giving
$1.3M
+7.2% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$1.3M
+114.5% YoY
About William & Mary Business School Foundation
Based on IRS filings
William & Mary Business School Foundation is a nonprofit organization focused on Education, based in WILLIAMSBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $120.3M in total assets. In 2024, it awarded 1 grants totaling $1.3M. Net investment income was $2.9M.
Focus Areas
Ready to take the next step with William & Mary Business School Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $120,268,428 | $110,015,479 | $101,508,365 |
| Revenue | $8,816,362 | $9,094,759 | $25,949,773 |
| Expenses | $6,000,946 | $5,941,991 | $6,740,718 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,945,274 | $1,439,747 | $6,130,897 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include William & Mary ($1,268,281).
| Recipient | Purpose | Amount |
|---|---|---|
| WILLIAM & MARY Williamsburg, VA | STUDENT SCHOLARSHIPS | $1,268,281 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BARRY J SHARP | TREASURER | 1 | — |
| CYNTHIA H DAVIS | SECRETARY | 1 | — |
| PAUL C SAVILLE | CHAIR | 1 | — |
| RAYMOND MASON | VICE CHAIR | 1 | — |
| ALICE DAVISON | TRUSTEE | 1 | — |
| ALLISON SPIVEY | TRUSTEE | 1 | — |
| AMANDA EVERSOLE | TRUSTEE | 1 | — |
| ANNE MCGEORGE | TRUSTEE | 1 | — |
| COLLEEN DRUMMOND | TRUSTEE | 1 | — |
| DAVID BURG | TRUSTEE | 1 | — |
| DAVID H BAGGS | TRUSTEE | 1 | — |
| DONALD L LOWMAN | TRUSTEE | 1 | — |
| EDWARD T TOKAR | TRUSTEE | 1 | — |
| ERWIN VAN DER VOORT | TRUSTEE | 1 | — |
| FRANK ROACH | TRUSTEE | 1 | — |
| G MICHAEL STAKIAS | TRUSTEE | 1 | — |
| JEFFREY F ROGATZ | TRUSTEE | 1 | — |
| JOHN HYMAN | TRUSTEE | 1 | — |
| JULIE DOBSON | TRUSTEE | 1 | — |
| KARIM H K AHAMED | TRUSTEE | 1 | — |
| LEE CROLL | TRUSTEE | 1 | — |
| LEONARD BROOKS III | TRUSTEE | 1 | — |
| MATTHEW B SIANO | TRUSTEE | 1 | — |
| MELINDA HANCOCK | TRUSTEE | 1 | — |
| MELISSA BALLENGER | TRUSTEE | 1 | — |
| MICHAEL MATACUNAS | TRUSTEE | 1 | — |
| MOLLY PIERONI | TRUSTEE | 1 | — |
| NICOLAS BOEL | TRUSTEE | 1 | — |
| PHIL TUNING | TRUSTEE | 1 | — |
| RICHARD C KRAEMER JR | TRUSTEE | 1 | — |
| RICHARD FISHER | TRUSTEE | 1 | — |
| TROY KEEN | TRUSTEE | 1 | — |
| CARLA R KING-JOHNSON | ASSISTANT TREASURER | 40 | $92,852 |
| KELLIE MINER-FRAZIER | ASSISTANT SECRETARY | 40 | $85,693 |
| KIMBERLY SPERLING | CEO | 40 | $104,944 |
| SUSAN C RUCKER | CFO | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is William & Mary Business School Foundation?
William & Mary Business School Foundation is a nonprofit organization focused on Education, based in WILLIAMSBURG, VA. It holds $120.3M in total assets as of 2024.
How large is William & Mary Business School Foundation?
As of 2024, William & Mary Business School Foundation holds $120.3M in total assets with $8.8M in annual revenue. It awarded 1 grants totaling $1.3M in 2024.
Where does William & Mary Business School Foundation operate?
William & Mary Business School Foundation has awarded grants in Virginia.
What size grants does William & Mary Business School Foundation award?
In 2024, William & Mary Business School Foundation awarded 1 grants totaling $1.3M — an average of about $1.3M per grant, based on its IRS Form 990 filings.
What is William & Mary Business School Foundation's EIN?
William & Mary Business School Foundation's EIN (Employer Identification Number) is 23-7079011. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in William & Mary Business School Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.