William & Mary Business School Foundation

WILLIAMSBURG, VA EIN: 23-7079011

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

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

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7M$14M$21M$29M20202021202220232024
Metric202420232022
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

$0$352K$704K$1M$1M3 grants20201 grants20212 grants20222 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

WILLIAM & MARY$1.3M

Grant Size Distribution

9 grants across all recorded years

3<$50K$50–100K1$100–250K$250–500K1$500K–1M4$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does William & Mary Business School Foundation fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KIMBERLY SPERLINGCEO$105KCARLA R KING-JOHNSONASSISTANT TREASURER$93KKELLIE MINER-FRAZIERASSISTANT SECRETARY$86K

From 2024 filing

NameTitleHoursCompensation
BARRY J SHARPTREASURER1
CYNTHIA H DAVISSECRETARY1
PAUL C SAVILLECHAIR1
RAYMOND MASONVICE CHAIR1
ALICE DAVISONTRUSTEE1
ALLISON SPIVEYTRUSTEE1
AMANDA EVERSOLETRUSTEE1
ANNE MCGEORGETRUSTEE1
COLLEEN DRUMMONDTRUSTEE1
DAVID BURGTRUSTEE1
DAVID H BAGGSTRUSTEE1
DONALD L LOWMANTRUSTEE1
EDWARD T TOKARTRUSTEE1
ERWIN VAN DER VOORTTRUSTEE1
FRANK ROACHTRUSTEE1
G MICHAEL STAKIASTRUSTEE1
JEFFREY F ROGATZTRUSTEE1
JOHN HYMANTRUSTEE1
JULIE DOBSONTRUSTEE1
KARIM H K AHAMEDTRUSTEE1
LEE CROLLTRUSTEE1
LEONARD BROOKS IIITRUSTEE1
MATTHEW B SIANOTRUSTEE1
MELINDA HANCOCKTRUSTEE1
MELISSA BALLENGERTRUSTEE1
MICHAEL MATACUNASTRUSTEE1
MOLLY PIERONITRUSTEE1
NICOLAS BOELTRUSTEE1
PHIL TUNINGTRUSTEE1
RICHARD C KRAEMER JRTRUSTEE1
RICHARD FISHERTRUSTEE1
TROY KEENTRUSTEE1
CARLA R KING-JOHNSONASSISTANT TREASURER40$92,852
KELLIE MINER-FRAZIERASSISTANT SECRETARY40$85,693
KIMBERLY SPERLINGCEO40$104,944
SUSAN C RUCKERCFO10

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Williamsburg

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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