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2025 Financial Report

State of the University by President Katherine A. Rowe

As we enter the nation’s quarter millennium, I write in a spirit of appreciation. William & Mary is celebrating two extraordinary years of transformation, among the most successful in our long history.

Momentum with Meaning

This year’s success is not a culmination — it’s a beginning.

The momentum you’ve helped build propels us toward a future defined by deeper inquiry and broader national and global reach. It calls us to draw strength from tradition as we continue to evolve with purpose. Together, we ensure that William & Mary endures — perpetual in purpose, universal in reach and forever committed to shaping hearts and minds that serve the world.