Colonnade Club of the University of Virginia
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE SOCIAL AND INTELLECTUAL EXCHANGE AMONG FACULTY IN SUPPORT OF UNIVERSITY OF VIRGINIA MISSION.
- Income
- $1.0 million
- Spending
- $1.1 million
- Spent on programs
- 71%
- Reserves
- 13.5 months of spending
- Largest source of income
- fees for its services, 96%
- Employees
- 21
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 89 out of 100.
Reserves
35 of 35Spendable reserves would cover 13.5 months of spending.
Debt
20 of 20It owes 14% of what it owns.
Living within its means
4 of 15Spending exceeded income by 12% of income.
Income trend
15 of 15Income rose 1% on the year before.
Spending floor
15 of 1571% of spending went to programs and raising each dollar of donations cost 11 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 74 out of 100.
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $73,951 spent. (40) MEMBER EVENTS INCLUDING VIRTUAL AND IN-PERSON FORMATS. INCLUDES: OPENINGS, NEW FACULTY, JOHN EDWIN MASON, GREENCROFT, COMMON HOUSE, CORNERSTONE, TAILGATING EVENTS, OKTOBERFEST, HAZEY MOUNTION, SHE SAID SHE SAID, POTTERS, PUMPKIN CARVING EVENT, FAMILY EVENTS AND BRUNCH, SPRING SOCIAL EVENTS, MLK-BLACK MUSEUM & CCVA, SYMPHONY, WATCH PARTY, WINE GUILDS AND NUMEROUS OTHER EVENTS THROUGHOUT THE YEAR.
- $172,463 spent. COFFEE, TEA, AND PERIODICALS ARE OFFERED TO THE MEMBERS IN THE CLUB TO FACILITATE SOCIAL AND INTELLECTUAL EXCHANGE AMONG MEMBERS.
- $550,699 spent. MEMBERS ARE ABLE TO RENT FACILITIES FOR DEPARTMENT MEETINGS AND OTHER EVENTS TO FURTHER THE ORGANIZATION'S PURPOSE. RENTAL OPTIONS INCLUDE BANQUET SPACE, BOTH INSIDE AND ON THE PATIO AND GARDEN AREAS, CONFERENCE ROOMS, AND GUEST ROOMS FOR OVERNIGHT STAYS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1965.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.