Education
James Madison University Foundation Inc
HARRISONBURG, VA
Total revenue
$48.7M
Total expenses
$21.3M
Net assets
$216.4M
Grants received
$14.3M
340 grants
EIN
237156305
Tax year
2023
Mission
The James Madison University Foundation provides prudent investment policy and stewardship to sustain and grow financial support for the University, while collaborating with the University to create innovative avenues of giving and to meet critical funding initiatives.
Programs
8 programs
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 for the construction of a college of business learning complex, and an athletic construction project.
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.
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.
Academic Support - Includes expenditures providing support services for programs of instruction, research, and public services.
Instruction - Includes expenditures for all activities that are part of JMU's instructional program.
Public Service - Includes expenditures for activities established to provide non-instructional educational services beneficial to individuals and groups, internal and external to JMU.
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.
Research - Includes expenditures for activities specifically organized to produce educational research at JMU.
Financials
FY 2023
Revenue
Expenses
People
25 listed
Warren K Coleman
CEO
$225K
45 hrs/wk
Cheryl L Lindsay
Vice President/Chief Financial Officer
$136K
40 hrs/wk
Tammy KC Balser
Secretary, Senior Acctg Manager - Operations
$93K
39 hrs/wk
David S Kay
Chair
—
1 hrs/wk
John Alouf
Trustee
—
1 hrs/wk
A Jerry Benson
Trustee
—
1 hrs/wk
Jarl Bliss
Trustee
—
1 hrs/wk
Darrel Branch
Trustee
—
1 hrs/wk
Linda W Cross
Trustee
—
1 hrs/wk
Joseph K Funkhouser II
Trustee
—
1 hrs/wk
Enrico Gaglioti
Trustee
—
1 hrs/wk
James E Hartman
Trustee
—
1 hrs/wk
Heather Hedrick
Trustee
—
1 hrs/wk
F Claiborne Johnston III
Trustee
—
1 hrs/wk
Nicholas L Langridge
Trustee, Ex-Officio
—
1 hrs/wk
Ellen W Meyer
Trustee
—
1 hrs/wk
Towana H Moore
Trustee, Ex-Officio
—
1 hrs/wk
Jon Offley
Vice Chair
—
1 hrs/wk
J Barry Purcell III
Trustee
—
1 hrs/wk
Robin Reifsnider
Trustee
—
1 hrs/wk
James L Riley
Trustee
—
1 hrs/wk
Jennifer E Shirkey
Trustee
—
1 hrs/wk
Paul M Thompson
Trustee
—
1 hrs/wk
Michael S Walden
Trustee
—
1 hrs/wk
Owen Wilson
Trustee
—
1 hrs/wk
Independent contractors
Aramark Campus Services
JMU Dining Services
CornerStone Partners
Investment Fees
Collegiate Licensing Company
Trademark/Licensing Management
Monticello Associates
Investment Fees
Grants received
Showing 200 of 340
Funded by
$14.3M from 86 funders · 340 grants · 2017–2024
$2.3M · 8 grants · 2017–2023
$2.0M · 5 grants · 2020–2024
$1.5M · 7 grants · 2017–2023
$1.1M · 6 grants · 2019–2024
$1.0M · 5 grants · 2017–2021
$735K · 4 grants · 2019–2024
$617K · 8 grants · 2017–2023
$472K · 5 grants · 2020–2024