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.
Graduate Management Admission Council at a glance
In short: Graduate Management Admission Council gave $219K across 5 grants in 2024 (avg $44K), top state New Jersey. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $219,327
- -1.4% vs 2023
- Grants made (2024)
- 5
- +0.0% vs 2023
- Average grant
- $43,865
- -1.4% vs 2023
- Median grant
- $50,000
- Total assets
- $189,989,204
- -0.6% vs 2023
- Primary geography
- New Jersey (34% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Graduate Management Admission Council funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was PHD Project Association ($75K). Together the top 5 received $219K.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was in the $50–100K range: 12 grants of 23 (52%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How Graduate Management Admission Council gives
- Giving grew 88% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $117K (2021) to $232K (2022). In 2024 it made 5 grants totaling $219K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| PHD Project Association Montvale, NJ | Support and promotion of graduate management education and associated research | $75,000 |
| Association to Advance Collegiate Schools of Business (Aacsb) Tampa, FL | Support and promotion of graduate management education and associated research | $66,327 |
| Forte Foundation Austin, TX | Support and promotion of graduate management education and associated research | $50,000 |
| Executive MBA Council Orange, CA | Support and promotion of graduate management education and associated research | $20,000 |
| Global Business School Network (GBSN) Washington, DC | Support and promotion of graduate management education and associated research | $8,000 |
Ready to take the next step with Graduate Management Admission Council?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $189,989,204 | $67,401,273 | $74,216,291 | $219,327 | 5 | $8,713,190 |
| 2023 | $191,084,951 | $63,740,699 | $73,947,044 | $222,400 | 5 | $6,101,400 |
| 2022 | $191,283,214 | $63,026,606 | $69,629,243 | $231,700 | 5 | $9,342,368 |
| 2021 | $230,212,828 | $77,127,681 | $67,246,312 | $116,500 | 4 | $13,606,853 |
| 2020 | $227,111,983 | $72,686,376 | $76,079,385 | $155,350 | 4 | $10,345,787 |
About Graduate Management Admission Council
Based on IRS filings
Graduate Management Admission Council is a public charity focused on Education, based in Reston, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $190.0M in total assets. In 2024, it awarded 5 grants totaling $219K. Net investment income was $8.7M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Graduate Management Admission Council is led by Themin Suwardy, Chair since 2024 (on filings since 2020); 12 of 27 officers listed in 2024 are compensated.
Officers on the 2024 filing
Themin Suwardy
Chair
Director → Director & Chair, 2023
Director & Chair → Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Danielle Boland
Managing Director & Enterprise Products
New on the 2024 filing
40 hrs/week
$261K (2024)
Kyungtyek Han
Senior Director & Psychometrician
On filings since 2021
40 hrs/week
$231K (2021) → $271K (2024)
Ana Kyper
Senior Director & New Product Development
Senior Director, Product Management & Gme Prep → Senior Director & New Product Development, 2024
On filings since 2022
40 hrs/week
$229K (2022) → $249K (2024)
Jay Nibbe
Director
On filings since 2020
1 hr/week
No compensation reported
Martin Boehm
Director
Chair Elect to Jun & Then Chair → Co-Chair, 2021
Co-Chair → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Sanjiv Kapur
Director
On filings since 2020
1 hr/week
No compensation reported
Francois Ortalo-Magne
Director
On filings since 2021
1 hr/week
No compensation reported
Giuseppe Soda
Director
On filings since 2021
1 hr/week
No compensation reported
Yuan Ding
Director
On filings since 2021
1 hr/week
No compensation reported
Anthony Wilbon
Director
On filings since 2022
1 hr/week
No compensation reported
Bruce Delmonico
Director
On filings since 2022
1 hr/week
No compensation reported
Catherine Duggan
Director
On filings since 2022
1 hr/week
No compensation reported
Isabelle Bajeux-Besnainou
Director
On filings since 2022
1 hr/week
No compensation reported
Itziar De Ros
Director
On filings since 2022
1 hr/week
No compensation reported
Mukesh Butani
Director
On filings since 2022
1 hr/week
No compensation reported
Ana Maria Zermeno Padilla
Director
On filings since 2023
1 hr/week
No compensation reported
Curtis Ferguson
Director
On filings since 2023
1 hr/week
No compensation reported
Ashok Sarathy
Vice President & Assessments
Vice President & Product Management → Vice President & Product Management Operations, 2021
Vice President & Product Management Operations → Vice President & Assessments, 2024
On filings since 2020
40 hrs/week
$399K (2020) → $372K (2024)
Jennifer Martin
CFO & Corporate Secretary
Chief of Staff → CFO, Head & Corporate Development, 2022
CFO, Head & Corporate Development → CFO & Corporate Secretary, 2024
On filings since 2020
40 hrs/week
$369K (2020) → $472K (2024)
Joy Jackson Jones
Chief Product Officer & General Manager
Cpo, Gm & Assessments → Cpo, Gm & Assessment, 2021
Cpo, Gm & Assessment → Chief Product Officer & General Manager, 2022
On filings since 2020
40 hrs/week
$581K (2020) → $810K (2024)
Kevin Lefew
Chief Technology Officer
On filings since 2020
40 hrs/week
$368K (2020) → $431K (2024)
Robin Everett
Vice President & Legal
On filings since 2020
40 hrs/week
$337K (2020) → $267K (2024)
Sabrina White
Senior Vice President School & Industry Engagement
Vice President, School & Industry Engagement → Senior Vice President School & Industry Engagement, 2024
On filings since 2020
40 hrs/week
$408K (2020) → $400K (2024)
Adam Witwer
Chief Product Officer
On filings since 2023
40 hrs/week
$172K (2023) → $378K (2024)
Sarah Bennett
Chief Marketing Officer
Chief Marketing Ofc. → Chief Marketing Officer, 2024
On filings since 2023
40 hrs/week
$162K (2023) → $347K (2024)
Ashish Bhardwaj Sr Vp Head
Market Development
New on the 2024 filing
40 hrs/week
$448K (2024)
Former officers (27)
- Former: Ashish Bhardwaj (2020–2023) — Senior Vice President, Head & Market Development
- Former: Jon Erickson (2020–2023) — Chair
- Former: Maite Salazar (2020–2023) — Chief Marketing Officer
- Former: Sangeet Chowfla (2020–2023) — Former Senior Advisor to Board
- Former: Katy Montgomery (2021–2023) — Director
- Former: David Eelman (2023) — Senior Director & Global Controller
- Former: Elaine Albers (2023) — Senior Director & Product Management
- Former: Betty Su (2020–2022) — Senior Vice President, Gm & Gmac Connect
- Former: Donna Rapaccioli (2020–2022) — Director
- Former: Elda Beki Bahar-Engler (2020–2022) — Chief Administrator Officer
- Former: Erika H. James (2020–2022) — Director
- Former: Peter Johnson (2020–2022) — Director
- Former: Soojin Kwon (2020–2022) — Director
- Former: Tom Buiocchi (2020–2022) — Director
- Former: William Boulding (2020–2022) — Director
- Former: David Cooke (2021–2022) — Senior Director, App Development & Integration
- Former: Enase Okonedo (2020–2021) — Director - Left January
- Former: Leila Guerra (2020–2021) — Director - Left June
- Former: Peter Tufano (2020–2021) — Director - Left June
- Former: Ranjan Banerjee (2020–2021) — Director - Left April
- Former: Ellen Glazerman (2020) — Director - Left Jun
- Former: Eric Hirst (2020) — Director - Left Jun
- Former: Michael Nolder (2020) — Director Data Management & Analytics
- Former: Samuel Reimer (2020) — Former CFO - Left Nov
- Former: Sri Zaheer (2020) — Director - Left Jun
- Former: Vibha Miller (2020) — Vice President & Human Resources
- Former: Xiongwen Lu (2020) — Director - Left Jun
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $810K, to Joy Jones (Chief Product Officer & General MGR.). 12 officers or directors reported compensation on that filing.
Frequently asked questions about Graduate Management Admission Council
How much does Graduate Management Admission Council give each year?
Graduate Management Admission Council gave $219K across 5 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $222K across 5 grants.
What is Graduate Management Admission Council's typical grant size?
Graduate Management Admission Council's median grant in 2024 was $50,000, and its average grant was $43,865, across 5 grants on its 2024 IRS Form 990.
Where does Graduate Management Admission Council give grants?
Graduate Management Admission Council's top state is New Jersey, with 34% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Florida (30%) and Texas (23%).
Does Graduate Management Admission Council give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Graduate Management Admission Council's 2024 IRS Form 990 were described as general or operating support.
Who are Graduate Management Admission Council's largest grantees?
Graduate Management Admission Council's largest 2024 grantees include PHD Project Association ($75,000), Association to Advance Collegiate Schools of Business (Aacsb) ($66,327) and Forte Foundation ($50,000), according to its 2024 IRS Form 990. Together they received 87% of its itemized 2024 grant dollars.
How large is Graduate Management Admission Council?
Graduate Management Admission Council reported $190.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $67.4M.
What is Graduate Management Admission Council?
Graduate Management Admission Council is a public charity focused on Education, based in Reston, VA. It holds $190.0M in total assets as of 2024.
What is Graduate Management Admission Council's EIN?
Graduate Management Admission Council's EIN (Employer Identification Number) is 23-7084339. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Graduate Management Admission Council funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Graduate Management Admission Council's focus areas in our free grants database
Similar Funders
Funders with grantees in common
American Institute of Certified Public Accountants Foundation
Durham, NC
To advance the science of accountancy and to develop and improve accountancy education through programs focusing on cultural diversity in the accounting profession, ethical business behavior and financial literacy, among other programs.
Assets
$8.7M
Grants
0
Total Given
$80K
Aacsb International - the Association to Advance Collegiate Schools of Business
Tampa, FL
Aacsb international provides quality assurance of business school programs, the latest in business education intelligence, thought leadership, and learning and development services.
Assets
$50.7M
Grants
1
Total Given
$100K
The Academy of Management Inc
Valhalla, NY
To connect scholars and advance scholarship and teaching about management and organizations.
Assets
$62.2M
Grants
1
Total Given
$25K
Association for Consumer Research Inc
Duluth, MN
To advance consumer research and facilitate the exchange of scholarly information among members of academia, industry, and government worldwide. One of the key functions of acr is to facilitate the growth and advancement of the field of consumer research.
Assets
$1.7M
Grants
0
Total Given
$6K
American Marketing Association
Chicago, IL
As the leading global professional marketing association, the ama is the essential community for marketers. For additional information.
Assets
$11.8M
Grants
2
Total Given
$62K
Institute of Management Accountants Inc
Montvale, NJ
To provide a forum for research, practice development, education, knowledge sharing and the advocacy of the highest ethical and best business practices in management acct & finance.
Assets
$53.5M
Grants
3
Total Given
$123K
More similar funders
More Funders in Virginia
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Graduate Management Admission Council's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Graduate Management Admission Council down — hundreds of funders to go?