2025-10-10T16:23:34-05:00 2025-03-31 541588999 FITZGERALD & CO CPAS PC PO BOX E MCLEAN VA 22101 990 2024-04-01 546063258 GEORGE MASON UNIVERSITY INSTRUCTIONAL FOUNDATION INC GEOR 7039933100 4400 UNIVERSITY DRIVE MS 1D2 FAIRFAX VA 220304444 JULIA MORELLI PRESIDENT 7039933100 2025-09-01 1 1 GARY P FITZGERALD P00177612 7038474600 2025-09-01 2024 2025-03-06 01:10:19Z 4400 UNIVERSITY DRIVE MS 1D2 FAIRFAX VA 220304444 2026190 0 X WWW.CAPITOLCONNECTION.GMU.EDU X 1993 VA THE GEORGE MASON UNIVERSITY INSTRUCTIONAL FOUNDATION, INC. OPERATES UNDER LICENSES TO TRANSMIT EDUCATIONAL AND PUBLIC AFFAIRS PROGRAMMING TO THE GREATER WASHINGTON, DC METROPOLITAN AREA. 6 3 0 0 0 0 209572 225568 892450 890162 714255 855847 44298 54613 1860575 2026190 289475 332830 0 0 0 0 0 0 0 600381 664996 889856 997826 970719 1028364 17451495 18429516 1074565 885076 16376930 17544440 THE GEORGE MASON UNIVERSITY INSTRUCTIONAL FOUNDATION, INC. OPERATES UNDER LICENSES TO TRANSMIT BROADBAND SERVICE TO THE GREATER WASHINGTON, D.C. METROPOLITAN AREA. 0 0 782121 332830 898800 TELECOMMUNICATIONS AND OTHER PROJECTS - IN-KIND SUPPORT OF GEORGE MASON UNIVERSITY TELEVISION AND OTHER DEPARTMENTS. TECHNICAL, OPERATIONAL, AND ADMINISTRATIVE SUPPORT RELATED TO UNIVERSITY FUNCTIONS; AND BROADCAST OF CLASSES, EVENTS, AND EDUCATIONAL PROGRAMMING TO UNIVERSITY CAMPUSES AND LOCAL CABLE TELEVISION NETWORKS. CONTRIBUTED TO GEORGE MASON UNIVERSITY WITH AN ESTIMATED FAIR MARKET VALUE OF APPROXIMATELY $100,708, WHICH IS NOT INCLUDED IN THIS RETURN. 782121 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X JULIA MORELLI 7039933100 4400 UNIVERSITY DRIVE MS 1D2 FAIRFAX VA 220304444 JOY R HUGHES SECRETARY 2.00 X X 0 0 0 OTIS D COSTON JR TREASURER 2.00 X X 0 0 0 DIANE SMITH DIRECTOR 2.00 X 0 0 0 JOHN M MANSELL JR CHAIRMAN 2.00 X X 0 0 0 JULIA MORELLI PRESIDENT 40.00 X X 0 187153 29136 DR GREGORY WASHINGTON DIRECTOR 2.00 X 0 0 0 SHIRLEY AL-JARANI DIR OF WEB OPS & IT 40.00 X 0 133115 48444 0 320268 77580 0 0 1 1 0 225568 225568 PROGRAM FEES 517000 831790 831790 ADMINISTRATIVE FEES 561000 58372 58372 890162 855847 855847 45975 0 45975 45975 45975 MAINTENANCE & OTHER 517000 8638 8638 8638 2026190 898800 0 901822 332830 332830 91225 91225 24000 24000 11195 11195 5753 5753 36005 2050 33955 16581 16581 ADMINISTRATIVE SUPPORT 447241 447241 MISCELLANEOUS 28591 28591 UTILITIES 4405 4405 997826 782121 215705 0 348616 319768 1247929 819454 50594 53253 15288 25174 7446341 538638 6942109 6907703 6006195 7329931 176279 176277 2664485 2797956 17451495 18429516 97428 119599 69136 116583 201565 0 706436 648894 1074565 885076 X 15114913 16139719 1262017 1404721 16376930 17544440 17451495 18429516 X 1028364 -2 139148 X 0 1 X 1 0 X 225662 224965 215128 209572 225568 1100895 1214513 1294220 1072363 900998 898800 5380894 1440175 1519185 1287491 1110570 1124368 6481789 0 0 0 6481789 392640 361342 605868 750005 901822 3011677 392640 361342 605868 750005 901822 3011677 1832815 1880527 1893359 1860575 2026190 9493466 0.68280 0.73590 0.31720 0.26410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6435556 6435556 600000 430259 169741 410785 108379 302406 6907703 EQUITY INVESTMENT IN SUBSIDIARY 2793518 DUE FROM AFFILIATE 4438 2797956 DUE TO GEORGE MASON UNIVERSITY 648894 648894 X PART X, LINE 2: THE FOUNDATION APPLIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAX GUIDANCE, FASB CODIFICATION TOPIC 740, "ACCOUNTING FOR INCOME TAXES". MGP IS A LIMITED LIABILITY COMPANY. GENERALLY, A LIMITED LIABILITY COMPANY IS NOT SUBJECT TO INCOME TAXES AND ALL ITEMS OF INCOME, LOSS, DEDUCTION AND CREDIT PASS THROUGH PRO-RATA TO THE MEMBER(S) IN DETERMINING THEIR TAX LIABILITY. THE ACCOUNTING GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNITION, INTEREST, PENALTIES, AND DISCLOSURES REQUIRED. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN THE APPLICABLE OPERATING EXPENSE ACCOUNT. THERE ARE NO UNRECOGNIZED TAX BENEFITS AS OF MARCH 31, 2025. FEDERAL TAX RETURNS FOR THE FISCAL YEARS ENDED MARCH 31,2023,2024 AND 2025 REMAIN OPEN AND ARE SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED MARCH 31, 2025. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCOME FROM WHOLLY OWNED SUBSIDIARY (F CORP) PART XI LINE 2D INCOME FROM WHOLLY OWNED SUBSIDIARY (F CORP) RECOGNIZED UNDER THE EQUITY METHOD OF ACCOUNTING: $139,148. 0 GEORGE MASON UNIVERSITY 4400 UNIVERSITY DRIVE MS 1A3 FAIRFAX VA 22030 540836354 0 332830 PART OF FOUNDATION'S OVERALL PURPOSE SERVING THE UNIVERSITY 0 0 0 0 0 0 0 0 0 JULIA MORELLI PRESIDENT 0 187153 0 0 0 0 0 26335 0 2801 0 216289 0 0 SHIRLEY AL-JARANI DIR OF WEB OPS & IT 0 133115 0 0 0 0 0 20399 0 28045 0 181559 0 0 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. FORM 990, PART VI, SECTION B, LINE 11B BOARD OF DIRECTORS REVIEW A DRAFT COPY OF THE FORM 990 THEN GRANTS APPROVAL TO FILE THE RETURN, WITH ANY RECOMMENDED CHANGES. FORM 990, PART VI, SECTION B, LINE 12C GEORGE MASON UNIVERSITY COMPLIES WITH ALL STATE-REGULATED CONFLICT OF INTEREST POLICIES AND ENFORCES THEM. FORM 990, PART VI, SECTION B, LINE 15 THE REVIEW AND APPROVALS ARE DONE THROUGH THE HUMAN RESOURCE DEPARTMENT OF GEORGE MASON UNIVERSITY AND MUST CONFORM WITH THE COMMONWEALTH OF VIRGINIA'S PAY SCALE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND/OR FINANCIAL STATEMENTS ARE AVAILABLE THROUGH REQUESTING SPECIFIC ITEMS IN WRITING. FORM 990, PART XI, LINE 9: INCOME FROM WHOLLY OWNED SUBSIDIARY 139,148. MASON GLOBAL PATHWAYS LLC 4400 UNIVERSITY DRIVE MS 1D2 FAIRFAX VA 220304444 ASSIST IN CREATION AND OPERATION OF INTERNATIONAL STUDENT CENTER AT GMU VA -589 5791 GEORGE MASON UNIVERSITY 4400 UNIVERSITY DRIVE FAIRFAX VA 22030 540836354 STATE UNIVERSITY VA 0 GEORGE MASON UNIVERSITY FOUNDATION INC 4400 UNIVERSITY DRIVE FAIRFAX VA 22030 541603842 NON PROFIT ENTITY VA 501(C)(3) 0 F CORPORATION 4400 UNIVERSITY DRIVE MS 1D2 FAIRFAX VA 22030 541545058 TELECOM VA GEORGE MASON UNIVERSITY INSTRUCTIONAL FOUNDATION C 639148 2839320 1.00000 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 GEORGE MASON UNIVERSITY FOUNDATION INC K 0 GEORGE MASON UNIVERSITY P 442296 ACTUAL AMOUNT ACCRUED F CORPORATION Q 0