About William & Mary Foundation
The William & Mary Foundation advances the university’s highest aspirations by securing private support, guiding a multi-asset investment portfolio and offering strategic leadership to propel the university toward national preeminence and support its priorities.
Focus Areas
Higher educationScholarshipsFaculty supportEndowment and investment managementUniversity priorities/program support
Who They Fund
university students (including scholarship recipients)faculty and researchers (professorships, research institutes)student-athletes and athletics programsalumni and institutional stakeholdersmuseum/gallery audiences and arts community
Funding Style
About William & Mary Foundation
The William & Mary Foundation’s recent giving is anchored by a $15,860,686 grant for the Center for the Visual Arts, a signal that private support is being directed toward major university facilities as well as academic priorities. Across its latest grants, the foundation repeatedly funds William & Mary and The College of William & Mary in Williamsburg through scholarships, professorships, advancement funding, athletics, library enhancements, and strategic priorities. That pattern shows a funder built around sustaining a single institution through a mix of unrestricted support and targeted campaign funding. Several of the largest awards illustrate that balance. In one year, the foundation granted $13,145,100 for scholarships and $3,234,360 for professorships, while also committing $5,547,002 for general support and $3,800,473 for an athletic complex fund. The portfolio extends beyond core academic support into facilities and programs such as the soccer/lacrosse practice fields, the Busch Team Facility Building, and the W & M Vet Program. Its grants are consistently directed to institutional needs rather than to individuals, and the recipient names remain centered on the university’s own operating and advancement structures.
What William & Mary Foundation Funds
Scholarship support is one of the clearest themes in the foundation’s recent awards. It gave $13,495,802 to The College of William & Mary for scholarships in 2024 and $13,145,100 to William & Mary for scholarships in 2025, underscoring sustained student aid support. Faculty support is another recurring area. The foundation awarded $3,500,208 to William & Mary for professorships in 2023 and $3,283,334 to The College of William & Mary for professorships in 2024, with another $3,234,360 granted for professorships in 2025. It also backs campus development and student life through named capital and program projects. Examples include $2,390,781 to The College of William & Mary for Center for the Visual Arts and $1,952,252 to William & Mary for Soccer/Lacrosse Practice Fields. Library infrastructure and veterinary programming appear as additional priorities in recent grants.
How William & Mary Foundation Gives
Typical grants are large: the 25th percentile is $241,199, the median is $913,964, and the 75th percentile is $2,008,545. The recent record shows repeated support for the same institution over multiple years, with William & Mary and The College of William & Mary appearing year after year rather than one-off grantees. The foundation is an institutional funder, not a vehicle for individual giving, and it does not make program-related investments. Its grantmaking is local and centered in Virginia.
Financial Snapshot
Annual Giving
$52.7M
Total Assets
$1.5B
Total Revenue
$191.2M
Total Expenses
$67.1M
Typical Grant Size
Most grants fall between $241K and $2M, with a median of $914K.
25th Percentile
$241K
Median
$914K
75th Percentile
$2M
Geographic Reach
Local1 state funded
Funding intensity
LowHigh
Headquarters
Leadership
MATTHEW T LAMBERT
CHIEF EXECUTIVE OFFICER
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