Skip to main content

Nonprofit · EIN 56-2462804

UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY

Tax-exempt · CHARLOTTESVLE, VA 22902

Financials

$355.3M$32.2M2022$912.3M$42.7M2023$780.8M$32.9M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$780,811,330$32,863,515$747,947,815$16,078,987,884$16,051,352,309$27,635,575
June 30, 2024990$912,342,229$42,707,252$869,634,977$14,631,722,442$14,611,026,063$20,696,379
June 30, 2023990$355,289,212$32,219,659$323,069,553$13,880,767,946$13,861,357,751$19,410,195
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$780,811,330
Net gain from sales of assets
$799,172,076
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$15,254,640
Other salaries and wages
$8,225,100
Salaries, compensation and benefits (total)
$27,761,907
Professional fundraising fees
$0
Legal fees
$27,113
Accounting fees
$295,588
Occupancy
$722,591
Travel
$790,653
Depreciation
$567,659
Program services (functional)
$26,345,156
Management and general (functional)
$6,518,359

Balance sheet and other

Total assets, start of year
$14,631,722,442
Total assets, end of year
$16,078,987,884
Total liabilities, end of year
$16,051,352,309
Net assets, end of year
$27,635,575
Land, buildings and equipment
$1,711,781
Publicly traded securities
$2,151,123,444
Net assets without donor restrictions
$27,635,575
Gross unrelated business income
-$21,821,822
Gross receipts
$3,204,155,671
Employees
57
Volunteers
10
Year formed
2004
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ROBERT W DURDENCEO/CIO
Officer
50$3,915,900$0$1,098,667
E SARGENT MCGOWANMANAGING DIRECTOR END 6/24
Highest-paid employee
50$2,683,894$0$45,589
LINDSAY R LARSENMANAGING DIRECTOR
Officer
50$1,941,597$0$434,856
JASON M LOVEMANAGING DIRECTOR
Officer
50$1,653,267$0$501,240
ERIC J BUNDONISMANAGING DIRECTOR
Officer
50$1,549,694$0$479,265
J MATTHEW DORCHUCKMANAGING DIRECTOR
Officer
50$1,435,424$0$430,211
KRISTINA M ALIMARDCHIEF OPERATING OFFICER
Officer
50$1,506,876$0$69,043
JOHN M WINNGEN CNSL/CCO & SECRETARY
Officer
50$1,301,098$0$202,151
ADRIENNE C CLOUGHMANAGING DIRECTOR
Officer
50$1,136,790$0$353,387
ALLISON P GILLAMCHIEF FINANCIAL OFFICER
Officer
50$973,219$0$220,198
JENNIFER W DAVISDIRECTOR
Trustee or director
2$0$804,743$192,633
ROBERT S HAMELDIRECTOR
Highest-paid employee
50$661,313$0$148,382
BLAKE A FISCHERDIRECTOR OF TECHNOLOGY
Highest-paid employee
50$602,473$0$60,348
JEFFERY M BARNESDIRECTOR
Highest-paid employee
50$394,134$0$60,268
SHI LIUSENIOR ASSOCIATE
Highest-paid employee
50$378,879$0$34,315
10 more people on this return
NameTitleHours / weekCompensation
JOHN P CONNAUGHTONCHAIR - BOD BEG 7/24
Trustee or director
2$0
MITCHELL R COHENDIRECTOR (FORMER CHAIR - BOD)
Trustee or director
2$0
TIMOTHY P O'HARADIRECTOR
Trustee or director
2$0
HENRY H MCVEYDIRECTOR
Trustee or director
2$0
THOMAS J BALTIMOREDIRECTOR
Trustee or director
2$0
ANDREW T MULDERRYDIRECTOR
Trustee or director
2$0
JAMES B MURRAY JRDIRECTOR
Trustee or director
2$0
GEORGE K MARTINDIRECTOR
Trustee or director
2$0
ELIZABETH K WEYMOUTHDIRECTOR
Trustee or director
2$0
RICHARD TED WESCHLERDIRECTOR BEG 7/24
Trustee or director
2$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ROBERT W DURDENCEO/CIO
Officer
50$4,473,742$0$2,331,626
KRISTINA M ALIMARDCHIEF OPERATING OFFICER
Officer
50$4,054,265$0$65,790
E SARGENT MCGOWANMANAGING DIRECTOR
Officer
50$2,149,503$0$1,148,862
LINDSAY R LARSENMANAGING DIRECTOR
Officer
50$1,920,640$0$968,612
JASON M LOVEMANAGING DIRECTOR
Officer
50$1,597,495$0$791,395
ERIC J BUNDONISMANAGING DIRECTOR
Officer
50$1,137,574$0$786,286
J MATTHEW DORCHUCKMANAGING DIRECTOR BEG 7/23
Officer
50$1,156,664$0$690,310
JOHN M WINNGEN CNSL/CCO & SECRETARY
Officer
50$984,784$0$585,566
ADRIENNE C CLOUGHMANAGING DIRECTOR
Officer
50$905,941$0$579,803
ALLISON P GILLAMCHIEF FINANCIAL OFFICER
Officer
50$770,869$0$280,478
JENNIFER W DAVISDIRECTOR
Trustee or director
2$0$752,639$181,839
ROBERT S HAMELDIRECTOR
Highest-paid employee
50$448,044$0$219,559
BLAKE A FISCHERDIRECTOR OF TECHNOLOGY
Highest-paid employee
50$563,131$0$57,295
JEFFERY M BARNESDIRECTOR
Highest-paid employee
50$371,820$0$54,777
MARILYN K PERKINSDIRECTOR
Highest-paid employee
50$336,245$0$54,003
SHI LIUSENIOR ASSOCIATE
Highest-paid employee
50$338,361$0$48,733
MITCHELL R COHENCHAIR - BOD
Trustee or director
2$0$0$0
MEREDITH B JENKINSDIRECTOR
Trustee or director
2$0$0$0
TIMOTHY P O'HARADIRECTOR
Trustee or director
2$0$0$0
HENRY H MCVEYDIRECTOR
Trustee or director
2$0$0$0
THOMAS J BALTIMOREDIRECTOR
Trustee or director
2$0$0$0
JOHN P CONNAUGHTONDIRECTOR
Trustee or director
2$0$0$0
ANDREW T MULDERRYDIRECTOR
Trustee or director
2$0$0$0
JAMES B MURRAY JRDIRECTOR
Trustee or director
2$0$0$0
GEORGE K MARTINDIRECTOR BEG 7/23
Trustee or director
2$0$0$0
ELIZABETH K WEYMOUTHDIRECTOR BEG 7/23
Trustee or director
2$0$0$0
990 for the year ended June 30, 2023: 26 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ROBERT W DURDENCEO/CIO
Officer
50$4,283,127$0$2,058,085
E SARGENT MCGOWANMANAGING DIRECTOR
Officer
50$2,482,110$0$1,015,322
LINDSAY R LARSENMANAGING DIRECTOR
Officer
50$2,066,424$0$844,678
JASON M LOVEMANAGING DIRECTOR
Officer
50$1,911,390$0$701,209
KRISTINA M ALIMARDCHIEF OPERATING OFFICER
Officer
50$951,866$0$981,007
ERIC J BUNDONISMANAGING DIRECTOR
Officer
50$835,909$0$536,349
J MATTHEW DORCHUCKDIRECTOR
Highest-paid employee
50$814,055$0$523,742
JOHN M WINNGEN CNSL/CCO & SECRETARY
Officer
50$733,207$0$586,121
JENNIFER W DAVISDIRECTOR
Trustee or director
2$0$720,061$171,321
ALLISON P GILLAMCHIEF FINANCIAL OFFICER
Officer
50$538,255$0$312,394
BLAKE A FISCHERDIRECTOR OF TECHNOLOGY
Highest-paid employee
50$503,475$0$53,830
ADRIENNE C CLOUGHMANAGING DIRECTOR BEG 8/22
Officer
50$409,464$0$21,203
ROBERT S HAMELDIRECTOR
Highest-paid employee
50$388,207$0$35,255
JEFFERY M BARNESDIRECTOR
Highest-paid employee
50$369,541$0$53,105
MARILYN K PERKINSSENIOR ASSOCIATE
Highest-paid employee
50$327,013$0$50,228
MITCHELL R COHENCHAIR - BOD
Trustee or director
2$0$0$0
JOHN B HARRIS JRDIRECTOR END 6/23
Trustee or director
2$0$0$0
MEREDITH B JENKINSDIRECTOR
Trustee or director
2$0$0$0
JOHN G MACFARLANE IIIDIRECTOR END 6/23
Trustee or director
2$0$0$0
MERYL B WITMERDIRECTOR END 12/22
Trustee or director
2$0$0$0
TIMOTHY P O'HARADIRECTOR
Trustee or director
2$0$0$0
HENRY H MCVEYDIRECTOR
Trustee or director
2$0$0$0
THOMAS J BALTIMOREDIRECTOR
Trustee or director
2$0$0$0
JOHN P CONNAUGHTONDIRECTOR
Trustee or director
2$0$0$0
ANDREW T MULDERRYDIRECTOR
Trustee or director
2$0$0$0
JAMES B MURRAY JRDIRECTOR BEG 7/22
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
701 E WATER ST STE 4, CHARLOTTESVLE, VA 22902-5499
In care of
% ROBERT DURDEN
Principal officer (990 for 2024)
ROBERT DURDEN, 701 E WATER STREET 4TH FLOOR, CHARLOTTESVILLE, VA 22902
Signed the 990
KRISTINA ALIMARD, COO
Phone
(434) 218-4540
Return prepared by
PWC US TAX LLP

Mission

THE UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY (UVIMCO) IS ORGANIZED TO INVEST FUNDS ON BEHALF OF THE RECTOR AND VISITORS OF THE UNIVERSITY OF VIRGINIA (THE UNIVERSITY OR UVA) AND UNIVERSITY-ASSOCIATED ORGANIZATIONS (UAOS).

990 for the year ended June 30, 2025

Program accomplishments

  • UVIMCO PROVIDED HIGH-QUALITY INVESTMENT MANAGEMENT ON BEHALF OF THE UNIVERSITY OF VIRGINIA (THE UNIVERSITY OR UVA) AND AFFILIATED EXEMPT ORGANIZATIONS DESIGNATED BY THE UNIVERSITY. THE ORGANIZATION IMPROVED THE MANAGEMENT OF THE ENDOWMENT OF THE UNIVERSITY AND THEREBY ENHANCED THE EDUCATIONAL BENEFITS PROVIDED TO THE STUDENTS.
    Expenses $26,345,156

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-2462804
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2005
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$16,078,987,884
Income (IRS master file)
$3,204,155,671

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$780,811,330$32,863,515$16,078,987,884IRS
990-TJune 2025–––IRS
990June 2024$912,342,229$42,707,252$14,631,722,442IRS
990-TJune 2024–––IRS
990June 2023$355,289,212$32,219,659$13,880,767,946XML
990-TJune 2023–––IRS
990June 2022$1,064,200,086$30,167,298$13,799,842,029IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2462804).

Questions about UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY

What is the EIN of UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY?
The employer identification number (EIN) of UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY is 56-2462804.
Is UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY?
The 990 for the year ended June 30, 2025 names ROBERT DURDEN.
Who are the officers and directors of UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY?
The 990 for the year ended June 30, 2025 lists 25 people; 14 received compensation from the organization, the highest $3,915,900 (ROBERT W DURDEN, CEO/CIO).
How much revenue does UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $780,811,330, expenses of $32,863,515 and total assets of $16,078,987,884 at year end.

Other nonprofits in CHARLOTTESVLE

All nonprofits in CHARLOTTESVLE · Virginia · Education