Thomas Jefferson Foundation, Inc.
P.O. Box 217
Charlottesville VA 22902
Mission Statement The Foundation's mission is two-fold: Preservation - to conserve, protect, and maintain Monticello in a manner which leaves it enhanced and unimpaired for future generations; and, Education - to interpret and present Thomas Jefferson to the widest possible audiences, including scholars and the general public. 
Leadership
CEO/Executive Director Ms. Leslie Greene Bowman
Board Chair Mr. Donald A. King Jr.
Board Chair Company Affiliation Board of Trustees
Contact Information
Address P.O. Box 217
Charlottesville, VA 22902
Telephone 434 984-9820
Fax 434 977-6140
E-mail give@monticello.org
History and Background
Year of Incorporation 1923
Former Names
NameYear
Thomas Jefferson Memorial Foundation, Inc.2000
Financial Summary
Revenue vs Expense Bar Graph - All Years
Expense Breakdown Bar Chart - All Years
 
 
Projected Revenue $35,878,000.00
Projected Expenses $35,878,000.00
Statements
Mission The Foundation's mission is two-fold: Preservation - to conserve, protect, and maintain Monticello in a manner which leaves it enhanced and unimpaired for future generations; and, Education - to interpret and present Thomas Jefferson to the widest possible audiences, including scholars and the general public. 
Impact
Many of our past accomplishments are linked to our on-going goals that we seek to attain. We strive to continue the rise of visitation by transforming the visitor experience and engaging visitors with a dialogue of Jefferson's ideas. 
 
We continue to focus on our preservation of the landscape of slavery at "Mulberry Row," the heart of plantation activity in Monticello. With further archaeological digging and restoration of the dependencies, we have restored this road scheme to make the invisible world of slavery visible.
 
Due to overwhelming demand we have increased the number of “Behind the Scenes” tours going to the second and third floors of the house, including the Dome Room. These tours give visitors a chance to explore Jefferson’s three-dimensional autobiography, Monticello. 

Also, our impact on school children is growing, with more classes participating in our in-depth K-12 study programs. We look towards expanding educational outreach programs to more children, families, teachers and adults.
Needs
The Thomas Jefferson Foundation’s 2016 top  fundraising goals include:
 
  • Continuing preservation of the landscape of slavery at “Mulberry Row,” the heart of plantation activity at Monticello. The foundation is restoring this area to make the invisible world of slavery more visible to both our “real” and “virtual” visitors.
  • Complete restoration of the upper levels of the House and enrich the visitor's experience and understanding of Monticello as a bustling and lively plantation home.
  • Furthering support for Education programming, including funding that would allow inner-city students to come and experience Monticello through our in-depth K-12 study programs.
  • Continuing support for the Monticello Annual Fund, through which the Foundation makes significant strides toward the enhancement and stewardship of Thomas Jefferson’s Monticello.
Background
The Thomas Jefferson Foundation was incorporated in 1923 to preserve Monticello, now recognized as a National Historic Landmark and the only presidential home on the United Nations World Heritage Site. Since opening in 1924, Monticello has welcomed more than 27 million visitors. The Foundation is also distinguished for its world-class library and academic center, its acquisition and protection of 2,400 acres of Jefferson’s 5,000-acre plantation, its award-winning website, and its 21st-century visitor gateway and education center, welcoming 450,000 people annually.
 
Its mission is two-fold:

Preservation: To conserve, protect, and maintain Monticello in a manner which leaves it unimpaired for future generations;

Education: To interpret and present Thomas Jefferson and his legacy to the widest possible audience, including scholars, students, educators and the general public.

The Thomas Jefferson Foundation’s vision is to engage a global audience in a dialogue with Jefferson’s ideas. Through virtual, off-site, and on-site engagement, the Foundation stimulates interest in Jefferson and applies its extensive research and knowledge to reveal his genius in a variety of pursuits, from architecture and the arts, horticulture, cuisine, agriculture, natural history and science, to philosophy, political ideals, education and the rights of man.

Areas of Service
Areas Served
Area
Internationally
Although physically located in Charlottesville, Virginia, the Thomas Jefferson Foundation, Inc. supports programs and education related to the study of Monticello, Thomas Jefferson, and his enduring ideals on site, online, and internationally. 
Board Chair
Board Chair Mr. Donald A. King Jr.
Company Affiliation Board of Trustees
Term Jan 2013 to Jan 2017
Email mwynn@monticello.org
Board of Directors
Board Members
NameAffiliation
John H. Birdsall IIIBoard of Trustees
Dr. L.D. Britt Board of Trustees
J. F. Bryan IVBoard of Trustees
Adele Chatfield-Taylor Board of Trustees
Lee Cochran Honorary Trustee
Peter J. Coolidge Board of Trustees
Harlan Crow Board of Trustees
Charles T. Cullen Board of Trustees
Ginger Huang Dietrich Board of Trustees
B. Grady Durham Board of Trustees
Joseph Erdman Board of Trustees
Richard Gilder Honorary Trustee
Brenton S. Halsey Honorary Trustee
Donald A. King Jr.Board of Trustees
Fritz R. Kundrun Board of Trustees
H. Eugene Lockhart Board of Trustees
E. Charles Longley Jr.Board of Trustees
Richard A. Mayo Board of Trustees
David McCullough Honorary Trustee
Jon Meacham Board of Trustees
Charlotte Moss Board of Trustees
Libby H. O'Connell Board of Trustees
Sarah Perot Board of Trustees
Pamela C. Reynolds Board of Trustees
Gilbert P. Schafer IIIBoard of Trustees
Hunter J. Smith Emeritus Trustee
Michelle Smith Board of Trustees
The Honorable John Charles Thomas Board of Trustees
Board Demographics - Ethnicity
African American/Black 2
Asian American/Pacific Islander 1
Caucasian 25
Hispanic/Latino 0
Native American/American Indian 0
Board Demographics - Gender
Male 20
Female 8
Governance
Board Term Lengths 3
Board Term Limits 3
Written Board Selection Criteria? Yes
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100
Number of Full Board Meetings Annually 2
Other Boards
The tables below contain information about other groups that advise this nonprofit on operations and projects.
Executive Director
Executive Director Ms. Leslie Greene Bowman
Former CEOs
NameTerm
Dr. Daniel P. Jordan Jan 1985 - Jan 2008
Staff
Full Time Staff 155
Part Time Staff 217
Volunteers 176
Plans
Organization has a Fundraising Plan? Under Development
Organization has a Strategic Plan? Yes
Years Strategic Plan Considers 5
Organization Policy and Procedures Yes
Nondiscrimination Policy Yes
Whistleblower Policy Yes
Programs
Description Perhaps no other home in the United States more accurately reflects the personality of its owner than Monticello. A visit is vital to the understanding of Jefferson, and the Foundation offers a number of tours that range from the intimacy of Jefferson's private suite of rooms in Monticello's main house, to the sensations of his gardens, orchards and vineyards, to the stories of slaves who worked and lived on the plantation.

The Foundation has a long history at the forefront of historic preservation. Among the highlights of our restoration projects are the gardens of the East and West Fronts of Monticello in the 1940s, the recreation of Jefferson's innovative Vegetable Garden Terrace and Pavilion, and the complex roof systems of the main house. In all its pursuits, the Foundation relies upon the continual process of research, restoration, conservation and archaeological initiatives to support the accuracy of its programs.

Population Served Other Named Groups
Fiscal Year
Projected Revenue $35,878,000.00
Projected Expenses $35,878,000.00
Endowment Value $217,091,000.00
Spending Policy Percentage
Percentage (if selected) 5
Form 990s
IRS Letter of Exemption
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201520142013
Foundation and
Corporation Contributions
------
Government Contributions$39,085$8,813$74,708
Federal------
State------
Local------
Unspecified$39,085$8,813$74,708
Individual Contributions$8,275,541$28,433,018$17,892,490
$5,900$5,887$8,630
$8,758,485$16,117,847$11,842,416
Investment Income, Net of Losses($252,080)$6,941,072$31,471,066
Membership Dues------
Special Events$568,303$396,659--
Revenue In-Kind$1,546,340$187,965$1,598,409
Other$8,490,410$74,069$4,589,138
Expense Allocation
Fiscal Year201520142013
Program Expense$27,664,066$25,107,120$18,617,577
Administration Expense$3,439,447$3,578,637$3,312,062
Fundraising Expense$1,862,478$1,674,692$1,548,334
Payments to Affiliates------
Total Revenue/Total Expenses0.831.722.87
Program Expense/Total Expenses84%83%79%
Fundraising Expense/Contributed Revenue21%6%9%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$306,602,549$311,988,218$287,040,960
Current Assets$16,887,467$22,849,872$21,111,385
Long-Term Liabilities$36,410,093$36,405,240$33,547,953
Current Liabilities$2,435,821$2,424,659$2,139,569
Total Net Assets$267,624,312$273,158,319$251,353,438
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities6.939.429.87
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets12%12%12%
Capital Campaign
Currently in a Capital Campaign? Yes
Goal $65,000,000.00
Dates May 2015 to May 2017
Amount Raised To Date $52,000,000.00
Capital Campaign Anticipated in Next 5 Years? No
State Charitable Solicitaions Permit
Solicitations Permit
Solicitations Permit 11/2015View
Comments
Foundation Comments
  • Form 990 and audit prepared by Brown, Edwards & Company, LLP.
  • Financial information provided by Form 990, with supplemental information provided by the audit.