George C Marshall Research Foundation is a 501(c)(3) organization based in Lexington, Virginia, registered in 1958, with $1,451,145 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$1.5M
▼ 35.0% vs prior year
Expenses (FY2023)
$1.3M
Net assets
$10.4M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for George C Marshall Research Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For George C Marshall Research Foundation: 97 mo reserves · +11% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for George C Marshall Research Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For George C Marshall Research Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.0M (FY2013) to $1.5M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
11.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.4M
Total liabilities
$47K
Net assets
$10.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,451,145▼35.0% | $1,289,247▲1.7% | $10,396,177▲8.9% | $10,443,532▲8.8% | 990 |
| 2022 | $2,232,948▲24.0% | $1,267,260▲16.4% | $9,545,541▼3.0% | $9,601,009▼3.2% | 990 |
| 2021 | $1,800,657▲99.4% | $1,088,449▼2.5% | $9,843,369▲18.2% | $9,916,365▲15.1% | 990 |
| 2020 | $903,241▼48.7% | $1,116,487▼17.3% | $8,328,479▲2.4% | $8,617,483▲4.9% | 990 |
| 2019 | $1,760,230▲72.1% | $1,350,107▲7.4% | $8,135,141▲10.9% | $8,215,962▲11.2% | 990 |
| 2018 | $1,022,832▼38.6% | $1,256,993▼11.3% | $7,338,816▼8.2% | $7,388,401▼8.2% | 990 |
| 2017 | $1,664,515▲68.8% | $1,416,492▲36.0% | $7,990,950▲10.8% | $8,051,073▲10.4% | 990 |
| 2016 | $986,366▼28.2% | $1,041,812▼34.5% | $7,213,105▼7.1% | $7,293,708▼8.2% | 990 |
| 2014 | $1,373,516▲32.7% | $1,589,981▲2.0% | $7,764,681▼5.8% | $7,943,697▼5.3% | 990 |
| 2013 | $1,035,394 | $1,558,681▼12.0% | $8,245,277▲0.3% | $8,386,092▲0.1% | 990 |
| 2012 | — | $1,770,930▼6.1% | $8,217,652▼2.0% | $8,375,006▼3.1% | 990 |
| 2011 | — | $1,885,323▲6.4% | $8,386,027▼8.3% | $8,645,219▼8.5% | 990 |
| 2010 | — | $1,772,620 | $9,142,804 | $9,451,172 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
32 grants to George C Marshall Research Foundation totaling $912K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Football League Foundation | General support | 2024 | $25,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $15,000 |
| The Community Foundation Inc | Community vibrancy | 2024 | $13,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $62,248 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $55,000 |
| American Online Giving Foundation Inc | General support | 2023 | $26,092 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $20,000 |
| National Christian Charitable Foundation | Culture | 2023 | $15,000 |
| The Community Foundation Inc | Community vibrancy | 2023 | $13,400 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $7,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $272,727 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $12,500 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $8,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $26,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $26,500 |
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Data for George C Marshall Research Foundation (EIN 54-6052427) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.