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Colonial Williamsburg Foundation history
Colonial Williamsburg Foundation company history timeline
1957: Visitors per year exceeds one million.
Rockefeller gave the project his personal leadership until his death in 1960, and it was his quiet generosity of spirit and uncompromising ethic of excellence that guided and still dominates its development.
1970: Colonial Williamsburg, Inc. and Williamsburg Restoration, Inc. merge to form the Colonial Williamsburg Foundation.
Colonial Williamsburg had 1.4 million visitors in 1971 when operating revenues were nearly $26 million.
Operating revenues were $46.3 million in 1976.
1976: CWF expands fund-raising effort.
Revenues reached $64.4 million in 1981.
They sponsored the restoration of the Public Hospital, and in 1981 they established the Wallace Fund for Colonial Williamsburg to provide annual operating funds for CWF's museums and educational programs.
In 1986, CWF had overall revenues of $97 million derived from ticket sales ($18 million), hotels, several restaurants, publishing ventures, reproduction furniture sales, and the Merchants Square shopping center.
Still, at 940,000 visitors a year, attendance was down 25 percent from its peak of 1.2 million in 1988.
Williamsburg, Va.: The Colonial Williamsburg Foundation, 1991.
The 1994 "slave auction" drew an initial crowd of two thousand to Duke of Gloucester Street for the re-enactment of the sale of four slaves during an estate auction.
In 2001, the New York attorney general dissolved this fund, transferring $60 million of Reader's Digest Association Inc. stock and other assets directly to CWF.
Harrison, Jennifer "Williamsburg, Colonial ." Dictionary of American History. . Retrieved June 21, 2022 from Encyclopedia.com: https://www.encyclopedia.com/history/dictionaries-thesauruses-pictures-and-press-releases/williamsburg-colonial
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Colonial Williamsburg Foundation competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Historic Deerfield | 1952 | $5.0M | 50 | - |
| Captain D's | 1969 | $544.4M | 6,000 | 76 |
| Shaker Village of Pleasant Hill | 1961 | $6.0M | 160 | 8 |
| Jamestown-Yorktown Foundation | 1957 | $16.0M | 140 | - |
| Biltmore | 1895 | $50.0M | 2,400 | 11 |
| MOOYAH Burgers, Fries & Shakes | 2007 | $15.0M | 3,000 | 1 |
| Holland America Line | 1873 | $8.6B | 10,001 | 479 |
| Lahontan Golf Club | - | $4.8M | 100 | - |
| Boston Harbor Hotel | 1987 | $880,000 | 10 | - |
| Gurney's Montauk Resort And Seawater Spa | - | $38.0M | 350 | 49 |
Colonial Williamsburg Foundation history FAQs
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