2026-09-23T08:22:03-05:00 2025-12-31 541298267 RAETZ & HAWKINS PC CPAS 128 SOUTH RANDOLPH STREET LEXINGTON VA 244500916 990 2025-01-01 546052427 GEORGE C MARSHALL RESEARCH FOUNDATION GEOR 5404637103 P O BOX 1600 LEXINGTON VA 24450 PAUL A LEVENGOOD PRESIDENT 5404637103 2026-09-23 1 LUCAS C PENIX P01792749 5404637121 2025 PAUL A LEVENGOOD 340 VMI PARADE LEXINGTON VA 24450 2719465 0 X WWW.MARSHALLFOUNDATION.ORG X 1953 VA TO PROMOTE THE SELFLESS SERVICE OF GEORGE C. MARSHALL 23 22 8 5 0 0 862102 2232689 1230 2627 740195 418750 46085 52480 1649612 2706546 0 0 0 0 782859 855190 0 0 515295 668907 802702 1451766 1657892 197846 1048654 11107664 12539226 263541 84435 10844123 12454791 THE FOUNDATION KEEPS ALIVE THE VALUES THAT SHAPED AND MOTIVATED GEORGE C. MARSHALL. MARSHALL'S LEGACY IS PERPETUATED THROUGH SCHOLARSHIP, LEADERSHIP AND EDUCATIONAL PROGRAMS. 0 0 169371 PROVIDING EDUCATIONAL PROGRAMS SUCH AS THE MARSHALL LEGACY SERIES THROUGH A SERIES OF EVENTS, PROGRAMS AND INFORMATION CENTERED ON KEY THEMES, EVENTS OR EPISODES IN GENERAL MARSHALL'S CAREER. 598672 2627 COLLECTING, PRESERVING, AND MAKING AVAILABLE TO SCHOLARS A DOCUMENTED RECORD OF THE LIFE AND PUBLIC SERVICE CAREER OF GEORGE C. MARSHALL. 98267 PUBLISHING OF A SEMI-ANNUAL MAGAZINE WITH ARTICLES ABOUT MARSHALL, BOOK REVIEWS, AND FOUNDATION NEWS. 866310 1 1 0 0 0 1 0 1 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 17 0 1 8 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X X X MATTHEW WALDRON 5404637103 340 VMI PARADE LEXINGTON VA 24450 HUNTER A APPLEWHITE TRUSTEE 1.00 X 0 0 0 ANTHONY G CRUTCHFIELD TRUSTEE 1.00 X 0 0 0 CAMDEN R FINE TRUSTEE 1.00 X 0 0 0 C RUSSELL FLETCHER III TRUSTEE 1.00 X 0 0 0 GEORGE W FORESMAN TRUSTEE 1.00 X 0 0 0 DAVID FURNESS TRUSTEE 1.00 X 0 0 0 PAUL A LEVENGOOD PRESIDENT 40.00 X X 205395 0 30454 ALLEN HAIGHT TRUSTEE 1.00 X 0 0 0 DAVID HEIN TRUSTEE 1.00 X 0 0 0 WALTON M JEFFRESS JR TRUSTEE 1.00 X 0 0 0 CYNTHIA MARSTELLER TRUSTEE 1.00 X 0 0 0 JESSINE A MONAGHAN TRUSTEE 1.00 X 0 0 0 DONALD E MOSMAN JR TRUSTEE 1.00 X 0 0 0 THOMAS H MURPHY TRUSTEE 1.00 X 0 0 0 PETER PROWITT TRUSTEE 1.00 X 0 0 0 MARIA P RASMUSSEN TRUSTEE 1.00 X 0 0 0 DAVID L ROLL TRUSTEE 1.00 X 0 0 0 BENNETT L ROSS CHAIRMAN 8.00 X X 0 0 0 JAMES M SCHMUCK TRUSTEE 1.00 X 0 0 0 ADAM SZAKMARY TRUSTEE 1.00 X 0 0 0 MICHAEL A WILLIAMS TRUSTEE 1.00 X 0 0 0 JAMES J WINN JR TRUSTEE 1.00 X 0 0 0 CLIFFORD MILLER YONCE TRUSTEE 1.00 X 0 0 0 MATTHEW M WALDRON TREASURER/CHIEF FINANCIAL 40.00 X 140083 0 17267 JOHN J WRANEK DIRECTOR OF DEVELOPMENT 40.00 X 117456 0 0 462934 0 47721 3 0 1 0 0 2232689 2232689 LIBRARY & ARCHIVAL SER 900099 2627 2627 2627 143630 143630 28708 0 28708 28708 28708 288039 12919 275120 275120 275120 CHANGE IN VALUE OF SPL 900099 23236 23236 OTHER REVENUE 900099 536 536 23772 2706546 2627 0 471230 345478 67222 141947 136309 358403 156884 7878 193641 29058 9526 5506 14026 67904 22261 12868 32775 54347 17816 10299 26232 21630 18904 1082 1644 21886 21886 131723 114092 10256 7375 4589 3343 39 1207 31874 9361 6610 15903 261373 248521 12852 61908 46499 11366 4043 38173 17828 4658 15687 57670 5440 6703 45527 108311 94664 5415 8232 26680 23318 1334 2028 POSTAGE AND PRINTING 23771 7047 6058 10666 OTHER EXPENSES 13114 3584 9530 1657892 866310 276287 515295 290926 590686 283449 320189 30940 11109 2990196 2039467 962212 950729 9540137 10666513 11107664 12539226 138379 37412 125162 47023 263541 84435 X 6922823 8355427 3921300 4099364 10844123 12454791 11107664 12539226 1048654 562014 0 X X 0 1 X 1 0 X 1115118 1675414 1076359 875297 2255925 6998113 1115118 1675414 1076359 875297 2255925 6998113 857599 6140514 56949 75324 181705 173737 141449 629164 53004 13497 36233 32890 29244 164868 7792145 26176 0.78800 0.88300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 677578 1 1 X X X X 0 7879844 956385 322163 21886 8492180 7359380 903950 343634 39852 7879844 6759624 19500 946166 334452 31458 7359380 7715650 128252 -672138 315264 96876 6759624 6657513 56661 1419105 320586 97043 7715650 0.63787 0.12189 0.24024 1 0 2318651 1763680 554971 671545 275787 395758 950729 VMI INVESTMENT HOLDINGS LLC 8492180 F TRUIST 2174333 F 10666513 3246674 562014 562014 2684660 21886 21886 2706546 1636006 0 1636006 21886 21886 1657892 PART III, LINE 1A: THE FOUNDATION COLLECTS AND PRESERVES RECORDS AND ARTIFACTS OF THE LIFE AND PUBLIC SERVICE OF GEORGE C. MARSHALL TO ALLOW FOR RESEARCH AND TO CONDUCT VARIOUS PROGRAMS OF PUBLIC SERVICE. X X 0 0 0 0 0 0 0 0 0 PAUL A LEVENGOOD PRESIDENT 187395 0 18000 0 0 0 0 0 30454 0 235849 0 0 0 MATTHEW M WALDRON TREASURER/CHIEF FINANCIAL 140083 0 0 0 0 0 0 0 17267 0 157350 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ELECTRONIC COPIES OF THE 990 ARE EMAILED TO ALL TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A PRESIDENT'S COMPENSATION IS REVIEWED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE ON THE WEB AT WWW.GUIDESTAR.ORG AND IS AVAILABLE IN HARD COPY ON REQUEST AT THE FOUNDATION'S LOCATION IN LEXINGTON, VIRGINIA. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE TO THE PUBLIC ON THE WEBSITE. FORM 990, PAGE 11, PART XI, LINE 2C THE FOUNDATION TRUSTEES HAVE APPOINTED A FINANCE COMMITTEE OF HIGHLY QUALIFIED INDIVIDUALS THAT FUNCTIONS AS AN AUDIT COMMITTEE. THE COMMITTEE MEETS REGULARLY AND CORRESPONDS WITH THE INDEPENDENT AUDITORS BY TELEPHONE AND EMAIL.