· Public charity
Graduate Management Admission Council
Gmac is a global nonprofit association of leading business schools that connects future business leaders with educational opportunities.
What you funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year — across FY2017–2024.
Where the money goes
Your grants by size, and where they go.
The 5 grants below total $219,327 — the rows itemised in this filing. The $466,294 headline is the total grant expense reported on the return, so the remaining $246,967 is giving the schedule does not break out: grants under the $5,000 itemisation floor, grants to individuals, and grants reported on other schedules. Every figure below describes the itemised rows only.
By grant size · FY2024
- Under $10k1 grant · $8k
- $10k–50k1 grant · $20k
- $50k–250k3 grants · $191k
| Recipient | Amount |
|---|---|
| PHD PROJECT ASSOCIATION | $75,000 |
| ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS (AACSB) | $66,327 |
| FORTE FOUNDATION | $50,000 |
| EXECUTIVE MBA COUNCIL | $20,000 |
| GLOBAL BUSINESS SCHOOL NETWORK (GBSN) | $8,000 |
Do your dollars go where the need is?
Each grant placed by the hardship in its grantee’s ZIP, then read against the area’s typical level.
Dollar for dollar, your grants (FY17–24) land where the poverty rate runs at 10%, against an area that typically sits at 11%. 31% of your dollars go to grantees based in above-average-need neighborhoods. Your grants skew toward lower-need ZIPs.
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty linein the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.
Which US states your grants reach
Grants abroad, by region — $267k on the FY2024 return
Schedule F, as filed: 9 regions, $175k to organizations and $92k to individuals. The IRS asks for region and purpose, not the recipient, so no country or grantee can be named here.
Stated purpose: SPONSORSHIP FOR GLOBAL ACTIVITIES · FEE WAIVER
Stated purpose: SPONSORSHIP FOR GLOBAL ACTIVITIES · FEE WAIVER
Stated purpose: FEE WAIVER
Stated purpose: FEE WAIVER
Stated purpose: FEE WAIVER
Stated purpose: FEE WAIVER
Stated purpose: FEE WAIVER
Stated purpose: FEE WAIVER
Stated purpose: FEE WAIVER
US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA — shown as context about the area, never attributed to your giving. Grants abroad on Schedule F are filed by region, purpose and amount with no recipient name, so they are shown by region and cannot be placed on the country map or matched to a grantee.
Who you back again
Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.
10 repeat relationships — 5 still active in FY2024, 5 since wound down.
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2024, 100% of grant dollars renewed an existing relationship; $0 went to new ones.
Where new relationships form · theme of each grantee’s first grant
First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). The earliest year is left-censored: relationships that predate the data read as “new.” Theme is the grantee’s IRS cause.
Backed again, and grew
- TFTHE FORTE FOUNDATION8× · 2017–2024 · $400k · revenue +75%
- AIAACSB INTERNATIONAL - THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS6× · 2019–2024 · $333k · revenue +28%
- GBGLOBAL BUSINESS SCHOOL NETWORK4× · 2021–2024 · $32k · revenue +18%
Funded once
TRUSTEES OF BOSTON UNIVERSITYgraduatedone grant, 2017 · $75k · revenue +45%- AOASSOCIATION OF TEST PUBLISHERSone grant, 2017 · $18k · revenue +11%
- NCNATIONAL COUNCIL ON MEASUREMENT IN EDUCATION INCgraduatedone grant, 2019 · $12k · revenue +73%
Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.
The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matchesthat aren’t grantees — a resemblance in what they say they do, not a recommendation.
University professional and continuing education association (upcea) advances leadership in professional, continuing and online education. the association is dedicated to meeting the needs of professional members and the institutions they…
Aascu is a washington, d.c. based higher education association that represents the sector of over 500 regional public colleges, universities, and systems whose members share a learning and teaching centered culture, a commitment to…
We create, nurture, and empower a global community of scholars focused on creating, advancing, and disseminating knowledge in international business research, education, policy, and practice.
The american institute of certified public accountants is a membership organization whose primary exempt purposes are to serve and unite the accountancy profession, to develop and maintain high professional standards, to advance the…
The iib represents the interests of the international banking community before u.s. legislative/regulatory bodies liaises with international regulatory bodies serves as a source of information to the media and other interested parties…
To advance the practice of higher education attorneys for the benefit of the institutions they serve.
Empowering college admission counseling professionals through education, advocacy, and community.
The usual public activitites of the national association of college and univsersity business officers (nacubo) are to develop, promote, and improve business and financial principles and practices in the administration of institutions of…
Members of the society for advancing business editing and writing (sabew) band together in the individual and collective pursuit of the highest standards of economic journalism. it is sabew's mission as an independent, non-profit…
The organization provides peer reviewed scientific research and education in the field of biological dentistry.
The association of governing boards of universities and colleges advances higher education as a public good by preparing college, university, and foundation governing boards to fulfill their fiduciary duties and exemplify the highest…
The national association of intercollegiate athletics (naia)'s mission is to promote the education and development of students through intercollegiate athletics participation.
For reference, the grantee most central to the portfolio’s shape is Aacsb International - the Association to Advance Collegiate Schools of Business and the most unlike its peers is International Test Commission Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
14 grantees tracked through their own filings, 2017–2025.
Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.
Counted here: distinct organizations you funded across 2017–2025, not grant rows in a single year — so this will not match the grant count on the cover. 14 of the 19 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.
Where your money sits — by cause, then by grantee
Each org by its size and your share of it — top-left is where you’re load-bearing
Go grantee by grantee — a decade per org, and how each moved after you funded them
A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.
- Who funds THE PHD PROJECT ASSOCIATION ↗
- Who funds THE FORTE FOUNDATION ↗
- Who funds AACSB INTERNATIONAL - THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS ↗
- Who funds EXECUTIVE MBA COUNCIL ↗
- Who funds TRUSTEES OF BOSTON UNIVERSITY ↗
- Who funds GLOBAL BUSINESS SCHOOL NETWORK ↗
- Who funds MANAGEMENT LEADERSHIP FOR TOMORROW ↗
- Who funds National HBCU Business Deans Roundtable Inc ↗
- Who funds ASSOCIATION OF TEST PUBLISHERS ↗
- Who funds NATIONAL COUNCIL ON MEASUREMENT IN EDUCATION INC ↗
- Who funds THE ASPEN INSTITUTE INC ↗
- Who funds INTERNATIONAL TEST COMMISSION INC ↗
- Who funds National Council of Beta Alpha Psi ↗
- Who funds CAREER SERVICES & EMPLOYER ALLIANCE INC ↗
The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a set of overlaps that mostly run through you, not between each other.
Open a dossier: Kpmg US Foundation Inc
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.
Government reliance of your grantees
Every dot is one organization Graduate Management Admission Council funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal, a single department, or state — and drag the year to watch it move.
- Trustees of Boston University — 12% of income from government
- Aacsb International - the Association to Advance Collegiate Schools of Business — 0% of income from government
Government income is each org’s traced federal awards (USASpending — grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that your grant caused the public funding. Coverage is precision-first — a floor, not a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12–24 months.