Form 990 for tax year 2023
Filed by GEORGE MASON UNIVERSITY FOUNDATION INC.
What the amendment changed
Compared with the return it replaced , filed 30 April 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
Both are the same on the two returns, so the amendment changed something else.
Totals
- Total revenue
- $145,737,283
- Total expenses
- $136,423,033
- Contributions and grants received
- $82,887,061
- Grants paid
- $112,723,667
- Program services expenses (Part IX)
- $131,542,355
- Management and general expenses
- $4,255,711
- Fundraising expenses
- $624,967
- Program service expenses (Part III)
- $131,542,355
Program services were 96.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
ELIZABETH CANTRELL
VICE PRESIDENT & CFO
- Total calculated
- $306,659
- From this org
- $245,970
- From related orgs
- $0
- Other
- $60,689
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $220,490
- Bonus
- $25,000
- Other
- $480
- Deferred
- $32,932
- Nontaxable benefits
- $27,757
- Filer's total
- $306,659
-
TRISHANA E BOWDEN
PRESIDENT
- Total calculated
- $122,849
- From this org
- $108,501
- From related orgs
- $0
- Other
- $14,348
- Hours/week
- 8
-
MICHAEL E STIEVATER
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
SUMEET SHRIVASTAVA
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
NADEEM BUTLER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
NELSON C GARCIA
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
HORACE BLACKMAN
EX-OFFICIO TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
SANAM BOROUMAND
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
JULIE BOWEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
JENNIFER BURKHART LONDON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
TIM CANNON
TRUSTEE (THRU 02/2024)
- Total calculated
- $0
- Hours/week
- 0.5
-
ANIRBAN CHAKRABARTI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
BRIAN C DRUMMOND
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
CHRISTOPHER R DURLAK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
CHRISTINE HALBERSTADT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
COLIN R HART
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
DEEPAK HATHIRAMANI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
JENNY E HERRERA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
GREGORY HOFFMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
JOHN M JACQUEMIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
MARGARET M JONES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
ROBERT J MAKHEJA
TRUSTEE (AS OF 10/2023)
- Total calculated
- $0
- Hours/week
- 0.5
-
TREVOR J MONTANO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
MARK D MONSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
MARGARET E MYERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
TAMARA L NALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
DELBERT PARKS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
DAVID T PETERSEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
TIMOTHY B PETERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
JOHN PLEASANTS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
KENNETH D REID
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
HEATHER S ROMAGNOLI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
PALLABI SABOO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
ANIL SHARMA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
FRED D THOMPSON JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
PAULINE THOMPSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
ROBIN VALENTINE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
LOURDES V VENES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
VIJAY VENKATESWARAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
GREGORY WASHINGTON
EX-OFFICIO TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
CHRISTINA L WILLIAMS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
RUTH WILLIAMS-BRINKLEY
TRUSTEE (THRU 10/2023)
- Total calculated
- $0
- Hours/week
- 0.5
-
ELIZABETH KREIN
ASSISTANT CONTROLLER
- Total calculated
- $189,990
- From this org
- $143,164
- From related orgs
- $0
- Other
- $46,826
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,226
- Bonus
- $0
- Other
- $1,938
- Deferred
- $17,602
- Nontaxable benefits
- $29,224
- Filer's total
- $189,990
-
TRACY WHITE
DIR. OF REAL ESTATE & INVESTMENTS
- Total calculated
- $167,847
- From this org
- $167,847
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
Schedule J breakdown matched by us
- Base
- $167,847
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $167,847
-
CARRIE J ROSE
CONTROLLER
- Total calculated
- $234,217
- From this org
- $185,919
- From related orgs
- $0
- Other
- $48,298
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $185,314
- Bonus
- $0
- Other
- $605
- Deferred
- $17,548
- Nontaxable benefits
- $30,750
- Filer's total
- $234,217
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- THE FOUNDATION PROVIDES CERTAIN SOCIAL CLUB MEMBERSHIPS FOR FUNDRAISING, DONOR CULTIVATION, OR OTHER BUSINESS PURPOSES. THE PERSONAL PORTION OF THE MEMBERSHIPS IS INCLUDED IN THE INDIVIDUALS' TAXABLE COMPENSATION.
- PART I, LINE 3
- THE COMPENSATION OF THE PRESIDENT OF THE FOUNDATION WAS REVIEWED AND APPROVED BY A COMMITTEE PER THE POLICIES OF THE DEPARTMENT OF HUMAN RESOURCES OF GEORGE MASON UNIVERSITY. THE COMPENSATION OF THE PRESIDENT OF THE FOUNDATION LISTED IN PART VII REFLECTS THE PORTION FUNDED BY THE FOUNDATION. INDIVIDUALS ON THE COMMITTEE INCLUDE THE UNIVERSITY PRESIDENT, EXECUTIVE VICE PRESIDENT OF FINANCE AND ADMINISTRATION, CHIEF OF STAFF, AND VICE PRESIDENT OF HUMAN RESOURCES AND PAYROLL. SALARY INFORMATION INCLUDING THE PREVIOUS INCUMBENT'S COMPENSATION, COMPENSATION OF THE SAME POSITION AT THE OTHER VIRGINIA DOCTORAL INSTITUTIONS, AS WELL AS SALARY SURVEY DATA OF GEORGE MASON UNIVERSITY'S PEER INSTITUTIONS AND COMPARABLE DC AREA UNIVERSITIES WAS REVIEWED TO DETERMINE REASONABLENESS OF SALARY. OTHER KEY EMPLOYEES' COMPENSATION IS REVIEWED AND APPROVED BY THE UNIVERSITY'S OFFICE OF ACCESS, COMPLIANCE, AND COMMUNITY AND HUMAN RESOURCES COMPENSATION TEAM TO DETERMINE EQUITY THROUGHOUT THE UNIVERSITY, OTHER STATE AGENCIES, AND THE MARKETPLACE.
- PART I, LINE 7
- RETENTION BONUSES ARE PAID BASED ON SUCCESSFUL COMPLETION OF INDIVIDUAL AND ORGANIZATIONAL-WIDE STRATEGIC AND OPERATIONAL GOALS. ALL NON-FIXED PAYMENTS HAVE BEEN INCLUDED IN PART VII AND SCHEDULE J COMPENSATION REPORTING.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$73,505,792
OPERATIONS SUPPORT
-
$24,613,914
PROGRAM SUPPORT
-
$8,523,861
SALARY SUPPORT
-
$3,510,196
SCHOLARSHIPS
-
$1,804,905
BENEFITS SUPPORT
-
PROGRAM SUPPORT
-
POST-GRADUATE FELLOWSHIP
-
$40,000
PROGRAM SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 June 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541639349300924
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