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Virginia · Public charity

Graduate Management Admission Council

Gmac is a global nonprofit association of leading business schools that connects future business leaders with educational opportunities. We provide the tools & information necessary for schools & talent to discover & evaluate each other.

$466k
Granted FY2024(still arriving)
5
Itemized grants FY2024
5
Organizations funded FY2023
0%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$219k
The rest is grants the schedule does not break out
Median grant, FY2024
$50,000
Largest grant, FY2024
$75,000
Organizations funded a year
4 to 12
FY2017 to FY2023
States reached, FY2024
5
Total assets, FY2024
$190M

How open it is to new grantees

In FY2023, 0% of the organizations Graduate Management Admission Council funded were first-time grantees, receiving 0% of its grant dollars.

New vs renewed · share of each year

In FY2023, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
EducationCivil RightsCommunity ImprovementOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving5$219k0%
FY20235$222k0%
FY20225$232k0%
FY20214$117k25%
FY20204$155k0%
FY20196$164k50%
FY201812$514k58%
FY20178$280kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$671kCivil Rights$550kEmployment$440kScience & Tech$218kArts & Culture$14kSocial Science$10k

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

NH
NY
MA
IN
PA
NJ
CA
NE
MD
NC
DC
GA
TX
FL

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

Show all 19 grantees
All grantees of Graduate Management Admission Council by total granted
GranteeTotal grantedYearsShare of their budget
The Phd Project Association$550,000513%
The Forte Foundation$400,00081%
Aacsb International - the Association to Advance Collegiate Schools of Business$333,01960%
Aacsb International$198,4332n/a
Executive Mba Council$170,00074%
Trustees of Boston University$75,00010%
Global Business School Network$32,00041%
Management Leadership for Tomorrow$30,00020%
National HBCU Business Deans Roundtable Inc$22,5002n/a
Association of Test Publishers$18,35211%
Wynne Communications$13,5002n/a
National Council on Measurement in Education Inc$12,00012%
The Aspen Institute Inc$10,00010%
Makinetwork LLC$10,0002n/a
International Test Commission Inc$8,00013%
National Council of Beta Alpha Psi$5,00010%
Career Services & Employer Alliance Inc$5,0001n/a
Mba Jumpstart LLC$5,0001n/a
Rutgers the State University$5,0001n/a

Where it is load-bearing

Each grantee by its size and the share of its budget Graduate Management Admission Council supplied at peak.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetThe Phd Project Association: $550,000 over 5y, 13% of budgetThe Forte Foundation: $400,000 over 8y, 1.3% of budgetAacsb International - the Association to Advance Collegiate Schools of Business: $333,019 over 6y, 0.4% of budgetExecutive Mba Council: $170,000 over 7y, 4.0% of budgetTrustees of Boston University: $75,000 over 1y, 0.0% of budgetGlobal Business School Network: $32,000 over 4y, 1.1% of budgetManagement Leadership for Tomorrow: $30,000 over 2y, 0.1% of budgetAssociation of Test Publishers: $18,352 over 1y, 0.8% of budgetNational Council on Measurement in Education Inc: $12,000 over 1y, 1.7% of budgetThe Aspen Institute Inc: $10,000 over 1y, 0.0% of budgetInternational Test Commission Inc: $8,000 over 1y, 3.1% of budgetNational Council of Beta Alpha Psi: $5,000 over 1y, 0.3% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 12.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.

Kpmg US Foundation IncNJ13.5× affinity4 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Kpmg US Foundation Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Graduate Management Admission Council with peer funders

About Graduate Management Admission Council

How much does Graduate Management Admission Council give?
Graduate Management Admission Council reported 5 itemized grants totaling $219,327, out of $466,294 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 4 and 12 organizations a year over FY2017 to FY2023.
What does Graduate Management Admission Council fund?
By grant dollars over FY2017 to FY2024, its largest causes are Education (35%), Civil Rights (29%), Employment (23%).
Who are Graduate Management Admission Council's largest grantees?
By total granted over FY2017 to FY2024: The Phd Project Association ($550k), The Forte Foundation ($400k), Aacsb International - the Association to Advance Collegiate Schools of Business ($333k).
Does Graduate Management Admission Council fund new organizations?
In FY2023, 0% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Graduate Management Admission Council?
Its strongest co-funders, measured against what their size predicts, include Kpmg US Foundation Inc.
Where is Graduate Management Admission Council based?
Graduate Management Admission Council is based in VA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 19 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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