1693 Partners Fund
100% goes to programs Strong reserves Growing revenue
1693 Partners Fund is a 501(c)(3) organization based in Williamsburg, Virginia, registered in 2020, with $50,306,271 in FY2023 revenue. CharityIndex grades it B+, and it directs about 100% of spending to programs.
5300 Discovery Park Blvd 3rd Floor, Williamsburg, VA, 23188 EIN 84-3505125 Since 2020
Revenue (FY2023)
$50.3M
▼ 59.4% vs prior year
Education median: $200K
Expenses (FY2023)
$57.0M
Net assets
$1.1B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For 1693 Partners Fund: 100% to programs earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating230 mo reserves · -13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 1693 Partners Fund: 230 mo reserves · -13% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For 1693 Partners Fund: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 1693 Partners Fund: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Invest endowment assets supporting william & mary and its affilated organizations.
Contact & location
- Address
- 5300 Discovery Park Blvd 3rd Floor, Williamsburg, VA, 23188
- City
- Williamsburg
- State
- Virginia
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $0 (FY2019) to $50.3M (FY2023) across 5 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.5MNet assets $1.1B
Operating margin
-13.3%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1B
Total liabilities
$1.5M
Net assets
$1.1B
Salaries & benefits
$0
0% of expenses
Board members
13
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $50,306,271▼59.4% | $56,977,597▲22.1% | $1,093,686,591▲6.3% | $1,095,224,673▲6.2% | 990 |
| 2022 | $123,902,760▲19.1% | $46,682,305▲18.4% | $1,029,214,277▲14.5% | $1,031,265,618▲14.6% | 990 |
| 2021 | $103,998,144▲169% | $39,414,052▲1549% | $898,846,341▼4.6% | $899,776,773▼4.6% | 990 |
| 2020 | $38,706,072 | $2,389,794 | $942,675,330 | $943,135,079 | 990 |
| 2019 | $0 | $0 | $0 | $0 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| A Clayton Perfall | Trustee (term Began 10/23) | 1 | — |
| Andrew W Horrocks | Trustee | 1 | — |
| Catherine Mountjoy | Chief Operating Officer | 40 | — |
| Clifford B Fleet | Trustee (term Ended 10/23) | 1 | — |
| Darpan Subhash Kapadia | Trustee | 1 | — |
| David R Covin | Trustee | 1 | — |
| Elizabeth Cabell Jennings | Chair/trustee | 1 | — |
| Eugene P Foley | Trustee | 1 | — |
| F Brian Hiestand | Chief Investment Officer | 40 | — |
| James A Hixon | Trustee (term Ended 10/23) | 1 | — |
| James E Mallory | Vice Chair/trustee | 1 | — |
| Janet R Atwater | Trustee (term Began 10/23) | 1 | — |
| Jody W Forsyth | Trustee | 1 | — |
| John Fernando | Trustee (term Began 10/23) | 1 | — |
| J Scott Perkins | Trustee | 1 | — |
| Karim Hk Ahamed | Trustee | 1 | — |
| Michael C Petters | Trustee (term Began 10/23) | 1 | — |
| Paul R Eckert | Trustee (term Ended 10/23) | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| 1693 Management Company LLC | Professional Services | $3,057,621 |
| William Blair & Company LLC | Professional Services | $319,875 |
| Vulcan Value Partners LLC | Professional Services | $229,001 |
| Neuberger Berman Investment Advisers LLC | Professional Services | $106,466 |
| Deloitte & Touche LLP | Accounting Services | $105,138 |
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Frequently asked questions
- Is 1693 Partners Fund a legitimate nonprofit?
- Yes. 1693 Partners Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 84-3505125, based in Williamsburg, Virginia. Donations are tax-deductible.
- What is 1693 Partners Fund's EIN?
- 1693 Partners Fund's Employer Identification Number (EIN) is 84-3505125.
- How much revenue does 1693 Partners Fund report?
- 1693 Partners Fund reported $50,306,271 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of 1693 Partners Fund's spending goes to programs?
- 1693 Partners Fund spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does 1693 Partners Fund have?
- CharityIndex grades 1693 Partners Fund B+, based on program efficiency and fundraising cost.
- How much does 1693 Partners Fund's highest-paid employee make?
- The highest reported compensation on 1693 Partners Fund's latest Form 990 is $0, paid to A Clayton Perfall (Trustee (term Began 10/23)).
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Data for 1693 Partners Fund (EIN 84-3505125) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.