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.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Virginia.
- Base
- $219k
- Bonus
- —
- Other
- $6k
- Benefits
- $18k
- Base
- $130k
- Bonus
- $4k
- Other
- $1k
- Benefits
- $20k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO 75th to 90th percentile | $219k | — | $6k | $18k | $262k $286k |
Vice President/chief Financial Officer Median to 75th percentile | $130k | $4k | $1k | $20k | $170k $185k |
Secretary, Senior Acctg Manager - Operations Operations Manager Median to 75th percentilevs Education peers nationwide | — | — | — | — | $126k $137k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 23 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at JAMES MADISON UNIVERSITY FOUNDATION INC equaled 1% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Down 1%
from 2022
From $266k in 2022 to $262k in 2023.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 1% from 2022 to 2023, while revenue rose 126%.
- Operations Manager pay held roughly steady from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about JAMES MADISON UNIVERSITY FOUNDATION INC
What does the Chief Executive Officer of JAMES MADISON UNIVERSITY FOUNDATION INC earn?
In 2023, the Chief Executive Officer of JAMES MADISON UNIVERSITY FOUNDATION INC received $261,926 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Virginia, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at JAMES MADISON UNIVERSITY FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Education organizations in Virginia, the 2023 pay of the Chief Executive Officer at JAMES MADISON UNIVERSITY FOUNDATION INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at JAMES MADISON UNIVERSITY FOUNDATION INC equaled 1% of the organization's total expenses. The median for education organizations is 7%.
What are JAMES MADISON UNIVERSITY FOUNDATION INC's revenue and expenses?
In 2023, JAMES MADISON UNIVERSITY FOUNDATION INC reported $48.7M in total revenue and $21.3M in total expenses on its IRS Form 990.
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