W&M Finances and Budgets
At a glance.
The vice president for finance oversees the development and administration of the College budget and provides analysis and recommendations to the president. In addition, the finance office coordinates development of operating budget initiatives submitted to the Commonwealth of Virginia and the integration of all budget development activities into the overall planning activities of the College.
Total Operating Budget
William and Mary’s operating budgets in support of the College’s various programs and activities for July 1, 2008 through June 30, 2009 total $273.0 million, including the impact of a $3.4 million reduction in state funding support imposed by Governor Kaine in October, 2008.
Sources for the Operating Budget - $273.0 Million
Fiscal Year 2008-09
Market Value of Endowment as of June 30, 2008
| Board of Visitors | $ 55.090 million |
| College of William and Mary Foundation | $ 449.768 million |
| Marshall-Wythe Foundation | $ 24.735 million |
| Mason School of Business Foundation | $ 38.843 million |
| VIMS Foundation | $ 6.386 million |
| Other Supporting Foundations | $ 5.215 million |
| TOTAL | $ 580.037 million |
Average Annualized Return on Investment
|
|
One Year | Three Year | Five Year |
| William and Mary Investment Trust * | -2.0% | 10.0% | 12.2% |
* The William and Mary Investment Trust (WAMIT) invests endowment funds for the College’s various supporting foundations.
Additional detail, along with reports and presentations, are provided on the office of finance website.
