Tax Information

The William & Mary Foundation is a tax-exempt organization under Internal Revenue Code Section 501(c)(3) and not private foundations under Sections 509(a)(1) and 170(b)(1)(A)(iv).

University Advancement and the William & Mary Foundation do not provide legal, accounting, tax or other professional service advice to prospective donors. Under IRS regulations, gifts to William & Mary and its related foundations are generally tax deductible if the donor does not retain control over the gift or receive personal benefit. William & Mary is a tax-exempt organization under Internal Revenue Code Section 170(c)(1) as a public college that is a political subdivision of the Commonwealth of Virginia. Each prospective donor is urged to seek the advice of independent legal, financial or tax counsel in the gift process.

See the Foundation’s Tax Identification Document (PDF).