Public Charity

JAMES MADISON UNIVERSITY FOUNDATION INC

Based in Harrisonburg, VA, JAMES MADISON UNIVERSITY FOUNDATION INC operates as a Public Charity. The organization reported $37.7M in revenue, $21.2M in expenses, $271.5M in total assets for fiscal year 2025. Imperigo tracks 189 reported grant relationships connected to this organization totaling approximately $15.9M.

EIN: 237156305 Harrisonburg, VA Latest filing: 2025
Total Revenue$37.7M
Total Expenses$21.2M
Total Assets$271.5M
Grant Records189
Funding Total$15.9M
Filing Years2021–2025

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.

Officers & Directors

Trustee A Jerry Benson
Vice President/Chief Financial Officer Cheryl L Lindsay
Trustee Curtis Pulliam
Trustee Darrel Branch
Chair David S Kay
Trustee Ellen W Meyer

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$3,059,013 24 grants
For grant recipient's exempt purposes
$2,964,069 8 grants
For nursing scholarships.
$1,952,760 5 grants
GENERAL SUPPORT
$1,570,404 17 grants
Transfer real estate sales proceeds, and fund operating budget.
$948,840 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $37.7M $21.2M $271.5M
2024
2023 $21.6M $21.4M $214.4M
2022 $37.4M $13.5M $205.9M
2021 $23.6M $17.6M $232.7M

Between 2021 and 2025, reported annual revenue grew from $23.6M to $37.7M (+59%), with total assets most recently reported at $271.5M.

Interactive year-over-year charts and full filing details available with membership.

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