JAMES MADISON UNIVERSITY FOUNDATION INC

As filed

Subsection

03

NTEE code

B820

Classification

2000

Street

1031 HARRISON ST MSC 8501

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• JAMES MADISON UNIVERSITYREAL ESTATE FOUNDATION INC

  EIN 54-1632549

Mission and programs · 2024

• Scholarships & Fellowships - Includes expenditures for scholarships and fellowships in the form of grants to students, resulting from selection by donor-established criteria or by the James Madison University Foundation's board designation of unrestricted funds.

  Expenses $9,902,135 · Grants $9,824,947

• Intercollegiate Athletics - Expenditures for intercollegiate sport programs that provide for JMU students' physical well-being and social and cultural development outside the context of the formal instruction program. It also includes expenditures related to the administration, operation, and promotion of intercollegiate athletics.

  Expenses $2,394,739 · Grants $1,780,934

• Institutional Support - Includes expenditures for central and administrative-level activities concerned with management and long-range planning for the entire institution. It also includes expenditures for operations related to human resources, postal services, finance, resource planning, information technology, and for advancement to maintain relations with the community, alumni and other constituents and to conduct activities related to institution-wide development.

  Expenses $1,983,601 · Grants $1,202,420

• Academic Support - Includes expenditures providing support services for programs of instruction, research, and public services.

  Expenses $1,329,123 · Grants $1,108,205

• Operation & Maintenance of Plant - Includes expenditures for the operation and maintenance of James Madison University's physical plant. Current year expenditures include transfers to James Madison University of donor-designated funds related to a field hockey facility.

  Expenses $1,099,264 · Grants $460,312

• Instruction - Includes expenditures for all activities that are part of JMU's instructional program.

  Expenses $919,340 · Grants $669,444

• Public Service - Includes expenditures for activities established to provide non-instructional educational services beneficial to individuals and groups, internal and external to JMU.

  Expenses $216,145 · Grants $117,877

• Student Support - Includes expenditures for student affairs and activities with the primary purpose of contributing to students' emotional and physical well-being and intellectual, cultural and social development outside the context of the formal instruction program.

  Expenses $142,920 · Grants $83,825

• Research - Includes expenditures for activities specifically organized to produce educational research at JMU.

  Expenses $36,335 · Grants $22,799

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $37,668,356

  Expenses

  $21,163,538

  Contributions

  $26,564,127

  Grants paid

  $15,279,644

• 2023

  Revenue

  $48,716,381

  Expenses

  $21,309,809

  Contributions

  $22,834,461

  Grants paid

  $15,765,296

• 2023

  Revenue

  $0

  Expenses

  $0

  Contributions

  $0

  Grants paid

  $0

• 2022

  Revenue

  $21,589,923

  Expenses

  $21,367,072

  Contributions

  $17,693,378

  Grants paid

  $17,238,512

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2023 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2022 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2021 · 990

  Revenue

  $37,424,979

  Expenses

  $13,507,617

  Assets (EOY)

  $205,939,528

• 2021 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2020 · 990

  Revenue

  $23,646,493

  Expenses

  $17,555,695

  Assets (EOY)

  $232,657,669

• 2020 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2019 · 990

  Revenue

  $18,508,438

  Expenses

  $15,831,670

  Assets (EOY)

  $191,139,680

• 2018 · 990

  Revenue

  $23,523,250

  Expenses

  $14,433,025

  Assets (EOY)

  $175,868,373

• 2017 · 990

  Revenue

  $22,474,643

  Expenses

  $15,189,964

  Assets (EOY)

  $161,276,054

• 2016 · 990

  Revenue

  $19,286,333

  Expenses

  $10,147,423

  Assets (EOY)

  $142,357,564

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• James Madison University

  $16,961,189

  2022 · Cash Grants: Scholarships - $7,704,181; Budget Recovery - $1,398,000; Salary Support - $2,959,008; and Capital Projects $4,900,000.

• James Madison University

  $15,583,605

  2023 · Cash Grants: Scholarships - $8,767,614; Budget Recovery - $4,146,481; and Salary Support - $2,669,510

• James Madison University

  $15,088,571

  2024 · Cash Grants: Scholarships - $9,824,947, Budget Recovery - $2,192,375, Salary Support - $3,062,449 and Capital Projects - $8,800.

• James Madison University Real Estate Foundation

  $108,891

  2022

• James Madison Innovations

  $30,000

  2023 · To support students within the micro-incubator program that will launch viable startup companies.

• James Madison Innovations

  $20,000

  2024 · To support students within the micro-incubator program that will launch viable startup companies.

Where these grants went next →

Grants received

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $801,150

  2024 · For grant recipient's exempt purposes

• LETTIE PATE WHITEHEAD FOUNDATION INC

  $433,080

  2023 · For nursing scholarships.

• LETTIE PATE WHITEHEAD FOUNDATION INC

  $433,080

  2024 · For nursing scholarships.

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $411,225

  2023 · For grant recipient's exempt purposes

• LETTIE PATE WHITEHEAD FOUNDATION INC

  $401,000

  2022 · For nursing scholarships.

• THE AYCO CHARITABLE FOUNDATION

  $372,200

  2024 · EDUCATION

• AMERICAN ONLINE GIVING FOUNDATION INC

  $363,554

  2023 · GENERAL SUPPORT

• AMERICAN ENDOWMENT FOUNDATION

  $342,500

  2022 · EDUCATIONAL

• THE AYCO CHARITABLE FOUNDATION

  $333,000

  2023 · EDUCATION

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $325,750

  2022 · For grant recipient's exempt purposes

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files