GEORGE MASON UNIVERSITY FOUNDATION INC
4400 UNIVERSITY DRIVE MSN 1A3, FAIRFAX, VA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $116,356,966 | $89,930,121 | $468,648,576 |
| FY2024 | $145,737,283 | $136,423,033 | $407,749,490 |
| FY2023 | $123,198,993 | $82,116,603 | $365,517,731 |
| FY2022 | $138,463,091 | $87,919,132 | $306,912,639 |
| FY2021 | $110,326,409 | $85,532,645 | $337,168,206 |
| FY2020 | $113,505,085 | $109,871,972 | $282,929,970 |
| FY2019 | $154,000,977 | $89,291,125 | $284,254,485 |
| FY2018 | $86,952,336 | $80,376,181 | $217,994,463 |
| FY2017 | $85,020,348 | $78,654,099 | $206,457,757 |
| FY2016 | $94,736,179 | $69,106,033 | $198,448,793 |
| FY2015 | $77,507,909 | $56,365,128 | $178,254,556 |
| FY2014 | $63,499,627 | $51,503,935 | $162,568,968 |
| FY2013 | $50,058,085 | $44,412,468 | $141,607,762 |
| FY2012 | $45,009,330 | $37,479,419 | $128,899,268 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $98,172,251 | 96% |
| Program service revenue | $4,570,553 | 4% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $84,218,532 | 94% |
| Management & general | $5,017,910 | 6% |
| Fundraising | $693,679 | 1% |
What the numbers show
- Contributions & grants made up 96% of total revenue in FY2025.
- Program services accounted for 94% of functional expenses, management & general 6%, and fundraising 1%.
- 94% of functional expenses went to program services in FY2025. That is higher than 87.5% of 136 Education organizations in VA.
- Net assets covered about 62.5 months of expenses at the end of the reporting year. That puts it in the 76th percentile among 1608 Education organizations in VA.
- Total revenue was higher than 99.3% of 1645 Education organizations in VA.
- Total revenue rose from $45,009,330 in FY2012 to $116,356,966 in FY2025, Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- The highest revenue on record here is $154,000,977 in FY2019.
- Net assets grew from $128,899,268 to $468,648,576 between FY2012 and FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
IRS status
| Ruling year | 1992 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B11 — Education (in VA) |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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