Thomas Jefferson Foundation Inc

Organization Overview

Thomas Jefferson Foundation Inc is located in Charlottesville, VA. The organization was established in 1985. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Thomas Jefferson Foundation Inc employed 384 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thomas Jefferson Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Thomas Jefferson Foundation Inc generated $54.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $32.6m during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION IS TO PRESERVE MONTICELLO AND SHARE THE HISTORY AND LEGACY OF THOMAS JEFFERSON, HIS FAMILY, AND THOSE HE HELD IN SLAVERY, WITH A GLOBAL AUDIENCE.

Describe the Organization's Program Activity:

THE THOMAS JEFFERSON FOUNDATION OPERATES MONTICELLO, THE HOME OF THE NATION'S THIRD PRESIDENT AND AUTHOR OF THE AMERICAN DECLARATION OF INDEPENDENCE. OVER THE PAST TEN YEARS, AN AVERAGE OF 400,000 PEOPLE HAVE VISITED MONTICELLO ANNUALLY. ADMISSION INCLUDES AN INTERPRETIVE GUIDED TOUR OF HIS HOME, ONE OF OUR COUNTRY'S FOREMOST ARCHITECTURAL MASTERPIECES AND THE ONLY HOME IN AMERICA NAMED TO THE UNITED NATIONS WORLD HERITAGE LIST. IN ADDITION TO ADMISSION REVENUE, THE ABOVE TOTAL ALSO INCLUDES GIFTS AND GRANTS, AND SALES FROM THE RETAIL OPERATIONS OF THE MUSEUM SHOPS, CATALOG, AND ONLINE STORE. THE REVENUE CONTRIBUTES TO THE PRESERVATION OF MONTICELLO FOR FUTURE GENERATIONS, WHICH IS ONE OF THE MISSIONS OF THE FOUNDATION. THE FOUNDATION'S RESTORATION DEPARTMENT IS DEDICATED TO THE ARCHITECTURAL PRESERVATION OF THE UNITED NATIONS WORLD HERITAGE HOUSE WHILE THE CURATORIAL COLLECTIONS ARE UNDER THE CARE OF A FULL-TIME CURATORIAL DEPARTMENT.


THE THOMAS JEFFERSON FOUNDATION OPERATES THE ROBERT H. SMITH INTERNATIONAL CENTER FOR JEFFERSON STUDIES, WHICH HOUSES THE THOMAS JEFFERSON LIBRARY. THE CENTER IS ALSO DEVOTED TO EDUCATION OF THE GENERAL PUBLIC AS WELL AS SCHOLARLY RESEARCH AND PUBLICATION, THROUGH THE JEFFERSON LIBRARY, ARCHAEOLOGICAL RESEARCH AND PUBLICATION, AND OTHER ADULT EDUCATION PROGRAMS. THE ROBERT H. SMITH INTERNATIONAL CENTER FOR JEFFERSON STUDIES ALSO IS RESPONSIBLE FOR THE RESEARCH AND PUBLICATION OF 24 VOLUMES OF RESEARCH, THE PAPERS OF THOMAS JEFFERSON, EMBRACING THE PERIOD FROM JEFFERSON'S RETIREMENT FROM THE PRESIDENCY IN MARCH 1809 UNTIL HIS DEATH IN 1826, KNOWN AS THE "RETIREMENT SERIES".


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,934,928
All other contributions, gifts, grants, and similar amounts not included above$7,481,263
Noncash contributions included in lines 1a–1f $1,404,965
Total Revenue from Contributions, Gifts, Grants & Similar$13,416,191
Total Program Service Revenue$8,141,396
Investment income $1,538,744
Tax Exempt Bond Proceeds $0
Royalties $43,833
Net Rental Income $195,091
Net Gain/Loss on Asset Sales $22,771,583
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $7,931,768
Miscellaneous Revenue$0
Total Revenue $54,038,606

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Thomas Jefferson Foundation Inc has recieved totaling $107,600.

Awarding OrganizationAmount
Ronald S Kossar Foundation Inc

Middletown, NY

PURPOSE: GENERAL CONTRIBUTION

$100,000
C Jay Moorhead Foundation

New York, NY

PURPOSE: GENERAL OPERATING SUPPORT

$6,500
Steve And Patty Harrison Foundation

Mcalester, OK

PURPOSE: PRESERVE AND OPERATE MONTICELLO

$500
Robert J & Frances V Lawrence Foundation Inc

Frederick, MD

PURPOSE: CONTRIBUTION

$500
David And Mary Sterling Foundation Inc

Hinsdale, IL

PURPOSE: EDUCATIONAL

$100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$272,484,711
Earnings$18,752,430
Net Contributions$190,794
Other Expense$9,626,846
Ending Balance$281,801,089

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