Skip to content
Nonprofiteer
← GEORGE MASON UNIVERSITY FOUNDATION INC

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

Provenance

Return type
form_990
Tax year
2023
Filed
12 June 2025
IRS schema version
2023v6.0
Source object
202541639349300924

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.