George Mason University Foundation Inc
96% goes to programs $1 to raise $100 Strong reserves Growing revenue
George Mason University Foundation Inc is a 501(c)(3) organization based in Fairfax, Virginia, registered in 1992, with $145,737,283 in FY2023 revenue. CharityIndex grades it A+, and it directs about 96% of spending to programs.
4400 University Drive Msn 1a3, Fairfax, VA, 22030 EIN 54-1603842 Since 1992
Revenue (FY2023)
$145.7M
▲ 18.3% vs prior year
Education median: $200K
Expenses (FY2023)
$136.4M
Net assets
$407.7M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating96% to programs · $1 to raise $100
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. For George Mason University Foundation Inc: 96% to programs · $1 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating36 mo reserves · +6% margin
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 Mason University Foundation Inc: 36 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For George Mason University Foundation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 Mason University Foundation Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To advance and further the aims and purposes of george mason university. (see schedule o)the george mason university foundation, inc. was established in 1966 to receive, manage, invest, and administer private gifts for the benefit of the university, including endowment and real property.
Contact & location
- Address
- 4400 University Drive Msn 1a3, Fairfax, VA, 22030
- City
- Fairfax
- State
- Virginia
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $63.5M (FY2013) to $145.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $91.0MNet assets $407.7M
Operating margin
6.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$498.7M
Total liabilities
$91.0M
Net assets
$407.7M
Salaries & benefits
$2.3M
2% of expenses
Board members
40
38 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $145,737,283▲18.3% | $136,423,033▲66.1% | $407,749,490▲11.6% | $498,740,925▼2.7% | 990 |
| 2022 | $123,198,993▼11.0% | $82,116,603▼6.6% | $365,517,731▲19.1% | $512,621,046▲9.8% | 990 |
| 2021 | $138,463,091▲25.5% | $87,919,132▲2.8% | $306,912,639▼9.0% | $466,812,553▼8.8% | 990 |
| 2020 | $110,326,409▼2.8% | $85,532,645▼22.2% | $337,168,206▲19.2% | $511,714,292▲11.4% | 990 |
| 2019 | $113,505,085▼26.3% | $109,871,972▲23.0% | $282,929,970▼0.5% | $459,289,058▲0.5% | 990 |
| 2018 | $154,000,977▲77.1% | $89,291,125▲11.1% | $284,254,485▲30.4% | $456,968,316▲14.4% | 990 |
| 2017 | $86,952,336▲2.3% | $80,376,181▲2.2% | $217,994,463▲5.6% | $399,408,743▼0.8% | 990 |
| 2016 | $85,020,348▼10.3% | $78,654,099▲13.8% | $206,457,757▲4.0% | $402,741,001▲1.3% | 990 |
| 2015 | $94,736,179▲22.2% | $69,106,033▲22.6% | $198,448,793▲11.3% | $397,768,759▲6.0% | 990 |
| 2014 | $77,507,909▲22.1% | $56,365,128▲9.4% | $178,254,556▲9.6% | $375,389,646▲1.3% | 990 |
| 2013 | $63,499,627 | $51,503,935▲16.0% | $162,568,968▲14.8% | $370,598,258▲7.1% | 990 |
| 2012 | — | $44,412,468▲18.5% | $141,607,762▲9.9% | $346,105,459▲5.5% | 990 |
| 2011 | — | $37,479,419▲16.9% | $128,899,268▼3.0% | $327,964,810▲15.9% | 990 |
| 2010 | — | $32,054,591▲0.2% | $132,946,540▲10.2% | $282,934,002▲16.3% | 990 |
| 2009 | — | $31,978,910 | $120,645,781 | $243,255,706 | 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.
Leadership & compensation (FY2023)
Highest-paid: Elizabeth Cantrell — $245,970 (0.18% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Elizabeth Cantrell | Vice President & Cfo | 40 | $245,970 |
| Carrie J Rose | Controller | 40 | $185,919 |
| Tracy White | Dir. of Real Estate & Investments | 20 | $167,847 |
| Elizabeth Krein | Assistant Controller | 40 | $143,164 |
| Trishana E Bowden | President | 8 | $108,501 |
| Anil Sharma | Trustee | 0.5 | — |
| Anirban Chakrabarti | Trustee | 0.5 | — |
| Brian C Drummond | Trustee | 0.5 | — |
| Christina L Williams | Trustee | 0.5 | — |
| Christine Halberstadt | Trustee | 0.5 | — |
| Christopher R Durlak | Trustee | 0.5 | — |
| Colin R Hart | Trustee | 0.5 | — |
| David T Petersen | Trustee | 0.5 | — |
| Deepak Hathiramani | Trustee | 0.5 | — |
| Delbert Parks | Trustee | 0.5 | — |
| Fred D Thompson Jr | Trustee | 0.5 | — |
| Gregory Hoffman | Trustee | 0.5 | — |
| Gregory Washington | Ex-officio Trustee | 0.5 | — |
| Heather S Romagnoli | Trustee | 0.5 | — |
| Horace Blackman | Ex-officio Trustee | 0.5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| The Tilt Group LLC | Marketing/event Production | $795,810 |
| The Tilt Group LLC | Marketing/event Production | $795,810 |
| The Westin Arlington Gateway | Conference/hotel Venue | $387,033 |
| The Westin Arlington Gateway | Conference/hotel Venue | $387,033 |
| Idfive LLC | Consulting | $239,085 |
| Idfive LLC | Consulting | $239,085 |
| Mcguirewoods LLP | Legal Services | $220,006 |
| Mcguirewoods LLP | Legal Services | $220,006 |
| Henderson Beach Resort Hotel LLC | Conference/hotel Venue | $206,475 |
| Henderson Beach Resort Hotel LLC | Conference/hotel Venue | $206,475 |
Grants received · $96.7M total
320 grants to George Mason University Foundation Inc totaling $96.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donors Trust Inc | For the law & economics center | 2024 | $3,750,000 |
| Tides Foundation | Quality education | 2024 | $400,000 |
| Lettie Pate Whitehead Foundation Inc | For nursing and allied health scholarships. | 2024 | $321,840 |
| Donors Trust Inc | For general operations | 2024 | $300,000 |
| Donors Trust Inc | For the rouse chair in law and economics | 2024 | $250,000 |
| Motion Picture Association Inc | General support | 2024 | $215,000 |
| Pharmaceutical Research and Manufacturers of America | General contribution | 2024 | $200,000 |
| Mercatus Center Inc | General support grants | 2024 | $185,887 |
| Computer and Communications Industry Association | Educating policymakers and preserving american tech innovation and leadership | 2024 | $150,000 |
| American Online Giving Foundation Inc | General support | 2024 | $120,922 |
| Sentara Health | Healthy minds, healthy communities: support and skills for everyone | 2024 | $100,000 |
| Donors Trust Inc | For the national security institute | 2024 | $75,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $59,500 |
| American Medical Association | Climate and health equity fellowship | 2024 | $55,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $25,000 |
Grants made · $224.3M in FY2023
16 grants totaling $224.3M in FY2023 — showing the 15 largest. All grants made by George Mason University Foundation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| George Mason University | Operations support | $73,505,792 |
| George Mason University | Operations support | $73,505,792 |
| Center For Media and Public Affairs Inc | Program support | $24,613,914 |
| Center For Media and Public Affairs Inc | Program support | $24,613,914 |
| George Mason University | Salary support | $8,523,861 |
| George Mason University | Salary support | $8,523,861 |
| George Mason University | Scholarships | $3,510,196 |
| George Mason University | Scholarships | $3,510,196 |
| George Mason University | Benefits support | $1,804,905 |
| George Mason University | Benefits support | $1,804,905 |
| Osher Lifelong Learning Institute | Program support | $78,423 |
| Osher Lifelong Learning Institute | Program support | $78,423 |
| Office of the Attorney General For the District of Columbia | Post-graduate fellowship | $63,217 |
| Office of the Attorney General For the District of Columbia | Post-graduate fellowship | $63,217 |
| Oil & Gas Action Network | Program support | $40,000 |
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Frequently asked questions
- Is George Mason University Foundation Inc a legitimate nonprofit?
- Yes. George Mason University Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1603842, based in Fairfax, Virginia. Donations are tax-deductible.
- What is George Mason University Foundation Inc's EIN?
- George Mason University Foundation Inc's Employer Identification Number (EIN) is 54-1603842.
- How much revenue does George Mason University Foundation Inc report?
- George Mason University Foundation Inc reported $145,737,283 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of George Mason University Foundation Inc's spending goes to programs?
- George Mason University Foundation Inc spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does George Mason University Foundation Inc have?
- CharityIndex grades George Mason University Foundation Inc A+, based on program efficiency and fundraising cost.
- How much does George Mason University Foundation Inc's highest-paid employee make?
- The highest reported compensation on George Mason University Foundation Inc's latest Form 990 is $245,970, paid to Elizabeth Cantrell (Vice President & Cfo).
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Data for George Mason University Foundation Inc (EIN 54-1603842) 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.