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Education : Scholarship and Financial Support (Grantmaking)

Marine Corps University Foundation

Supporting education of active duty Marines since 1980

three stars

86.50

715 Broadway Street Quantico, VA 22134
tel: (703) 640-6835   Web Site
EIN: 54-1143646

Board Leadership
General James T. Conway, USMC (Ret)
Chairman

CEO
Lieutenant General Richard P. Mills, USMC (Ret)
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 86.50 three stars
  Financial 80.91 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 05/01/2020 and includes data from FY2018, the most recent 990 received at that time.

For over 30 years, the Marine Corps University Foundation has harnessed the power of the private sector in support of the Marine Corps' most pressing educational needs. Our support has made professional military education more responsive to changes in the nature of conflict and brought a level of professionalism in faculty and diversity in perspective not attainable solely through appropriated government funding. Today, our enduring efforts to enrich & enhance professional military education focus on: Strengthening the Marine Corps University's position of thought leadership in military studies & national security affairs; Cultivating the problem-solving skills that enable Marines to think creatively & act decisively in uncertain environments; and Developing the most knowledgeable, well-rounded, forward-thinking leaders … from Corporal to General.

For over 30 years, the Marine Corps University Foundation has harnessed the power of the private sector in support of the Marine Corps' most pressing educational needs. Our support has made professional military education more responsive to changes in the nature of conflict and brought a level of professionalism in faculty and diversity in perspective not attainable solely through appropriated government funding. Today, our enduring efforts to enrich & enhance professional military education focus on: Strengthening the Marine Corps University's position of thought leadership in military studies & national security affairs; Cultivating the problem-solving skills that enable Marines to think creatively & act decisively in uncertain environments; and Developing the most knowledgeable, well-rounded, forward-thinking leaders … from Corporal to General.

Impact Information

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This impact information is current as of August 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

80.91

Accountability & Transparency

four stars

100.00

This rating was published 05/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
75.9%
  Administrative Expenses 7.2%
  Fundraising Expenses 16.8%
  Fundraising Efficiency $0.26
  Working Capital Ratio (years) 2.60
  Program Expenses Growth 3.5%
  Liabilities to Assets 1.9%
All data for Financial Performance Metrics calculations was provided by Marine Corps University Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Marine Corps University Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Marine Corps University Foundation (VA) 86.50 three stars
The Rams Club (NC) 85.38 three stars
Georgia Southern University Athletic Foundation (GA) 85.44 three stars
Oregon Health & Science University Foundation (OR) 91.97 four stars
Sun Devil Club (AZ) 86.52 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $756,709
   Federated Campaigns $5,492
   Membership Dues $77,400
   Fundraising Events $235,331
   Related Organizations $0
   Government Grants $0
Total Contributions $1,074,932
   Program Service Revenue $0
Total Primary Revenue $1,074,932
   Other Revenue $547,575
TOTAL REVENUE $1,622,507
   
EXPENSES  
   Program Expenses $1,566,922
   Administrative Expenses $158,552
   Fundraising Expenses $291,253
TOTAL FUNCTIONAL EXPENSES $2,016,727
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-394,220
   
Net Assets $10,992,213

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Additional Resources for Marine Corps Programs $1,566,922 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 05/01/2020 86.50 three stars
2017-12 04/01/2019 90.23 four stars
2016-12 06/01/2018 90.18 four stars
2015-12 06/01/2017 84.13 three stars
2014-12 06/01/2016 83.46 three stars
 
CN 2.0
2014-12 03/01/2016 86.07 three stars
2013-12 09/01/2014 81.82 three stars
2012-12 11/01/2013 83.82 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 54-1143646
Name in IRS Master File MARINE CORPS UNIVERSITY FOUNDATION INC
NTEE Code B11
NTEE Classification Single Organization Support
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
(59) Other school related activities
(123) Discussion groups, forums, panels lectures, etc.
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date October, 1980
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$150,000 7.43% Richard P. Mills President, CEO
Other Salaries of Note
$170,000 8.42% Jeffrey M. Nadaner Academic Chair
$157,742 7.82% Christopher Yung Academic Chair

Highly Rated

Charity Name & State Overall Score Overall Rating
Marine Corps University Foundation (VA) 86.50 three stars
The Rams Club (NC) 85.38 three stars
Sun Devil Club (AZ) 86.52 three stars
Oregon Health & Science University Foundation (OR) 91.97 four stars
Razorback Foundation (AR) 92.01 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Marine Corps University Foundation
715 Broadway Street
Quantico, VA 22134
tel: (703) 640-6835
fax: (703) 640-6177
EIN: 54-1143646

Mail donations to:
P.O. Box 122
Quantico, VA 22134

Visit Web Site

Board Leadership

General James T. Conway, USMC (Ret)
Chairman

CEO

Lieutenant General Richard P. Mills, USMC (Ret)
President, CEO

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