Form 990 for tax year 2024
Filed by THE GEORGE MASON UNIVERSITY INSTRUCTIONAL FOUNDATION INC.
Totals
- Total revenue
- $2,026,190
- Total expenses
- $997,826
- Contributions and grants received
- $225,568
- Grants paid
- $332,830
- Program service revenue
- $890,162
- Investment income
- $855,847
- Other revenue
- $54,613
- Total assets, end of year
- $18,429,516
- Total liabilities, end of year
- $885,076
- Net assets or fund balances, end of year
- $17,544,440
- Program services expenses (Part IX)
- $782,121
- Management and general expenses
- $215,705
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $782,121
Program services were 78.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
JOY R HUGHES
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
OTIS D COSTON JR
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
DIANE SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
JOHN M MANSELL JR
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
JULIA MORELLI
PRESIDENT
- Total calculated
- $216,289
- From this org
- $0
- From related orgs
- $187,153
- Other
- $29,136
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $187,153 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $26,335 related
- Nontaxable benefits
- $0 + $2,801 related
- Filer's total
- $0 + $216,289 related
-
DR GREGORY WASHINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
SHIRLEY AL-JARANI
DIR OF WEB OPS & IT
- Total calculated
- $181,559
- From this org
- $0
- From related orgs
- $133,115
- Other
- $48,444
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $133,115 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $20,399 related
- Nontaxable benefits
- $0 + $28,045 related
- Filer's total
- $0 + $181,559 related
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, and on a Form 990-PF Part VIII's — 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
None.
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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART VIII LINE 5
- THE FOUNDATION EMPLOYEES ARE ACTUALLY EMPLOYED BY GEORGE MASON UNIVERSITY AND ARE SUBJECT TO THE HUMAN RESOURCE RULES AND REGULATIONS AND THE PAY SCALE ESTABLISHED BY THE COMMONWEALTH OF VIRGINIA FOR GEORGE MASON UNIVERSITY. ALL COMPENSATION, INCLUDING NONTAXABLE BENEFITS, WITH THE EXCEPTION OF A PERFORMANCE BONUS PAID TO SHIRLEY AL-JARANI, IS PAID BY GEORGE MASON UNIVERSITY AND REIMBURSED BY THE FOUNDATION.
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
-
PART OF FOUNDATION'S OVERALL PURPOSE SERVING THE UNIVERSITY
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
STATE UNIVERSITY · VA
-
GEORGE MASON UNIVERSITY FOUNDATION INC
501(C)(3) · NON PROFIT ENTITY · VA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
MASON GLOBAL PATHWAYS LLC
ASSIST IN CREATION AND OPERATION OF INTERNATIONAL STUDENT CENTER AT GMU · VA · income -$589 · assets $5,791
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · TELECOM · VA · 100% owned · share of income $639,148 · share of assets $2,839,320
Directly controlled by GEORGE MASON UNIVERSITY INSTRUCTIONAL FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 1 September 2025
- IRS schema version
- 2024v5.2
- Source object
- 202502839349300525
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