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Non-Profit Foundation
montpelierfoundation.org.uk

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Investments

1

Partners & Customers

1

About Montpelier Foundation

Montpelier Foundation funds organizations that have a positive impact on global disadvantaged populations.

Montpelier Foundation Headquarter Location

243 Knightsbridge

London, England, SW7 1DN,

United Kingdom

+44(0)20 7591 2191

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Latest Montpelier Foundation News

Slaves’ Descendants Will Share Power With White Board Members At Montpelier, President James Madison’s Virginia Estate

May 18, 2022

The foundation that runs former President James Madison’s Virginia estate agreed on Monday to accept 11 people recommended by a group of descendants of enslaved people who worked there to its governing board. (Image: Twitter) The Montpelier Foundation agreed to accept 11 people recommended by a group of descendants of enslaved people who worked there to its governing board. The New York Times reports the foundation, which runs former President James Madison’s Virginia estate, said in a statement “This historic and unprecedented vote by the board of directors means that the foundation has achieved its long-sought goal of parity on the Board for descendants of Montpelier’s formerly enslaved population.” Additionally, Montpelier Board President Gene Hickok announced he was stepping down as chairman. In a statement Hickok said the board took its time approving candidates because the board wanted to “broaden and improve the list,” but the group was “thrilled” with its new members. The board, which makes decisions concerning the foundation’s leadership and finances, now has 10 White members and 15 members who are people of color according to Attorney Greg Werkheiser, who represents the group of descendants. Before Monday’s vote, the foundation’s board only had three members who were nominated by the group known as the Montpelier Descendants Committee ( MDC ), a nonprofit serving as the official representative of the families. The vote ended months of drama after the board agreed to share power with the descendant’s group but almost refused to give it up. Last month, three Montpelier senior staffers were fired in what they called retaliation for speaking out on behalf of the descendant’s group and publicly opposing the board vote in March to strip the power of the MDC. The firing and the board vote became national news and a petition calling for parity on the board gained more than 11,000 signatures pushing Montpelier’s board to reverse course. The new board members include broadcast journalist Soledad O’Brien and former NAACP President Rev. Cornell William Brooks. According to Consitution US, James Madison grew up in a family that owned slaves and owned slaves while he was president. Despite treating free Black men with respect, Madison argued against emancipation because he believed the problems former slaves who didn’t evolve into more prosperous situations would face.

Montpelier Foundation Investments

1 Investments

Montpelier Foundation has made 1 investments. Their latest investment was in InspiraFarms as part of their Series A on April 4, 2017.

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Montpelier Foundation Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/6/2017

Series A

InspiraFarms

$5.1M

Yes

2

Date

4/6/2017

Round

Series A

Company

InspiraFarms

Amount

$5.1M

New?

Yes

Co-Investors

Sources

2

Montpelier Foundation Partners & Customers

1 Partners and customers

Montpelier Foundation has 1 strategic partners and customers. Montpelier Foundation recently partnered with MediaValet on December 12, 2014.

Date

Type

Business Partner

Country

News Snippet

Sources

12/19/2014

Vendor

Canada

1

Date

12/19/2014

Type

Vendor

Business Partner

Country

Canada

News Snippet

Sources

1

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