UVA Darden School of Business
Legal name: University of Virginia Darden School Foundation
Nonprofit profile at a glance
- EIN
- 546046419
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Charlottesville, Virginia, USA
- Phone
- +1-434-924-3900
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $158,114,680
- Expenses
- $107,439,499
- Assets
- $834,090,344
- Liabilities
- $101,046,123
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
64 people listed
Executive titles in this filing
- ROBERT W WEILER (PRESIDENT)
- ASHLEY M WILLIAMS (CEO/CLO, EELL)
- WILLIAM S ROBINSON (EXECUTIVE DIRECTOR, PLE)
Highest reported compensation
- ASHLEY M WILLIAMS (CEO/CLO, EELL): $789,164 total reported compensation
- ROBERT W WEILER (PRESIDENT): $638,785 total reported compensation
- HEATHER L ENOS THRU 0125 (CFO, TREASURER AND SVP): $367,270 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To develop leaders of purpose who will make a positive impact on business and society.
What it reported doing in 2024
The foundation manages endowment funds for the benefit of the darden school, operates top-ranked executive education and lifelong learning programs, manages hospitality services at the forum hotel and at the school's goodwin family grounds and sands family grounds locations, and promotes philanthropic life-long support of the school by alumni, friends and corporations.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 62% for direct work, and 38% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 91
- Accountability: 98
- Sustainability: 82
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.1%; rating input score 70
- Program expense ratio: 89.1%; rating input score 89
- Fundraising efficiency: $18.07 raised per $1 spent on fundraising; rating input score 55; 55th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 96.1%; rating input score 96; 50th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 32%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 7.76; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 4%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 8.5% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 8.2% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 6.9% per year; rating input score 100; 51st percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site · 4 operating locations identified
- Where the money goes: 70.1% of revenue deployed · 89.1% of spending went to programs
- Governance: 49 of 51 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $95.7M in reported program spending
- Leadership: top reported pay $789K · 64 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.8M reported
- Consistency: 40 of 40 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 14 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Fundraising efficiency scored 55/100.
- High — Sustainability: Officer compensation ratio scored 25/100.