- Associated Press - Friday, January 31, 2014

WILLIAMSBURG, Va. (AP) - The Colonial Williamsburg Foundation says revenue at the historic area increased in 2013 and donor support significantly outpaced the previous year.

Officials say ticket revenue increased by about $370,000, or 2 percent. That’s because it saw higher sales of single-day, multiday and annual passes.

The Richmond Times-Dispatch reports (https://bit.ly/1ekSwiX) that the foundation also announced Thursday that it will begin looking for someone to succeed CEO Colin Campbell.

Officials also said gift commitments in 2013 totaled $74.7 million, a 17 percent increase over 2012. Its endowment ended 2013 with a value of $780 million, a $45 million increase over the previous year.

The Colonial Williamsburg Foundation operates and maintains the preserved 18th century site as an educational and tourist venue.

___

Information from: Richmond Times-Dispatch, https://www.timesdispatch.com

LOAD COMMENTS ()

 

Click to Read More

Click to Hide