ASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES AND COLLEGES Charity Report

Public IRS 990 nonprofit record

ASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES AND COLLEGES

EIN 84-0502574 · Education (B40C)

What they do

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 IDEALS of TRUSTEESHIP.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $64.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders29 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

61.26%of revenue went to mission work64.8% of expenses · Program services

3.51%of revenue went to fundraising3.7% of expenses

$94.48spent for every $100 of revenueRevenue covered expenses this year.

29.71%of revenue went to management and office costs31.4% of expenses

$1.62in assets for every $1 spent this yearSome assets cannot be spent right away.

13.1%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $408,844 for MARY PAPAZIAN (EXECUTIVE VP UNTIL 06/25). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$16,733,862

Mission workProgram services$10,251,64761.26% of revenue64.8% of expenses

ManagementOffice and general costs$4,971,57229.71% of revenue31.4% of expenses

FundraisingAsking for donations$587,2893.51% of revenue3.7% of expenses

Revenue left after expensesReported annual surplus$923,3545.52% of revenueShown in gray on the chart

Total expenses$15,810,50894.48% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 64.8% mission · 31.4% management · 3.7% fundraisingTotal expenses: 94.48% of revenue

2023Expense mix: 66.6% mission · 30.5% management · 3.0% fundraisingTotal expenses: 97.71% of revenue

2022Expense mix: 66.4% mission · 31.0% management · 2.6% fundraisingTotal expenses: 97.21% of revenue

2021Expense mix: 68.1% mission · 28.9% management · 3.0% fundraisingTotal expenses: 81.71% of revenue

2020Expense mix: 57.8% mission · 39.5% management · 2.7% fundraisingTotal expenses: 94.45% of revenue

2019Expense mix: 60.4% mission · 37.0% management · 2.5% fundraisingTotal expenses: 112.05% of revenue

2018Expense mix: 59.4% mission · 37.8% management · 2.9% fundraisingTotal expenses: 100.97% of revenue

Money in and money out

Revenue$16,733,862

Expenses$15,810,508

Annual surplus $923,354 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,251,647 · 64.8% of expenses

Management and office costs$4,971,572 · 31.4% of expenses

Fundraising$587,289 · 3.7% of expenses

See all reported dollar amounts

Revenue$16,733,862

Expenses$15,810,508

Assets$25,643,519

Income$17,119,601

Contributions$2,184,050

Mission work (program services)$10,251,647

Fundraising$587,289

Management and general$4,971,572

Stocks and bonds$12,503,153

Accounting fees$39,261

Investing fees$30,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARY PAPAZIANEXECUTIVE VP UNTIL 06/25 · 40 hrs/week $408,844Base $358,658 · Other $50,186

MARIA NAZARETHSENIOR VP & TREASURER · 40 hrs/week $394,313Base $319,213 · Other $75,100

PATRICIA KUNKLESENIOR VICE PRESIDENT · 40 hrs/week $394,016Base $353,724 · Other $40,292

CHRISTINA JACOBSSENIOR VICE PRESIDENT · 40 hrs/week $352,456Base $312,899 · Other $39,557

ELLEN CHAFFEEINT. PRESIDENT & CEO UNTIL 08/24 · 39 hrs/week $315,332

CRISTIN J TOUTSI GRIGOSSENIOR VICE PRESIDENT · 40 hrs/week $289,987Base $239,018 · Other $50,969

LARRY ROBERTSONSENIOR VICE PRESIDENT · 40 hrs/week $258,129Base $219,960 · Other $38,169

FRAMROZE VIRJEEPRESIDENT & CEO FROM 08/24-02/25 · 39 hrs/week $235,272Base $226,647 · Other $8,625

DAVID BASSVP PROGRAM STRATEGY AS OF 04/25 · 40 hrs/week $220,700Base $188,600 · Other $32,100

ANDREW LOUNDERASSOCIATE VP OF PROGRAMS · 40 hrs/week $203,744Base $179,531 · Other $24,213

GERARD BAYANIDIRECTOR OF ACCOUNTING · 40 hrs/week $192,580Base $161,646 · Other $30,934

MEGAN CLARKEASSOCIATE VP OF MARKETING & DIGITAL EXP. · 40 hrs/week $188,599Base $170,880 · Other $17,719

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (29)

MARY PAPAZIANEXECUTIVE VP UNTIL 06/25

MARIA NAZARETHSENIOR VP & TREASURER

PATRICIA KUNKLESENIOR VICE PRESIDENT

CHRISTINA JACOBSSENIOR VICE PRESIDENT

ELLEN CHAFFEEINT. PRESIDENT & CEO UNTIL 08/24

CRISTIN J TOUTSI GRIGOSSENIOR VICE PRESIDENT

LARRY ROBERTSONSENIOR VICE PRESIDENT

FRAMROZE VIRJEEPRESIDENT & CEO FROM 08/24-02/25

DAVID BASSVP PROGRAM STRATEGY AS OF 04/25

ANDREW LOUNDERASSOCIATE VP OF PROGRAMS

GERARD BAYANIDIRECTOR OF ACCOUNTING

MEGAN CLARKEASSOCIATE VP OF MARKETING & DIGITAL EXP.

NANCY STEELBERGMARKETING DIRECTOR

BEN DAVID ROWEMANAGING DIRECTOR

RODERICK MCDAVISPRINCIPAL

KATHERINE SAWYERVICE CHAIR

ELEANOR HORNEVICE CHAIR LOA FROM 12/2024

MARIE A SULLIVANDIRECTOR

E THOMAS SULLIVANDIRECTOR LOA FROM 03/2025

DAVID WILSONDIRECTOR

CYNTHIA SHAPIRADIRECTOR UNTIL 05/2025

NICOLE WASHINGTONDIRECTOR

CATHY HAVENER GREERDIRECTOR

PAUL BRAJCICHVICE CHAIR

RONALD C PARKERDIRECTOR UNTIL 02/2025

ROSS A MUGLERCHAIR & CEO AS OF 03/25

SHANE JACOBSONDIRECTOR

SHAUNA RYDER DIGGSSECRETARY

WILLIAM THOMPSON JRDIRECTOR

About this charity

Recognized since: January 1952
Location: 1666 K ST NW STE 1200, WASHINGTON, DC 20006-1200
County: District of Columbia
In care of: % MARIA NAZARETH
Primary officer: ROSS MUGLER, INTERIM PRESIDENT AND CEO

How to reach them

WebsiteVisit the charity’s website Phone(202) 296-8400

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Education (B40C)