EIN 84-0502574

Association Of Governing Boards Of Universities and Colleges

IRS 501(c) type
501(c)(3)
Num. employees
52
Year formed
1974
Most recent tax filings
2024-06-01
Description
The Association of Governing Boards of Universities and Colleges empowers college, university, and foundation Boards and board members to govern with knowledge and confidence, providing guidance and thought leadership through expert services and resou...
Also known as...
Ellen Chaffee; Agb
Total revenues
$16,824,804
2024
Total expenses
$16,439,055
2024
Total assets
$24,371,356
2024
Num. employees
52
2024

Program areas at Association Of Governing Boards Of Universities and Colleges

Conferences, institutes, convenings, and agb consulting: agb's conferences, institutes, webinars, and convenings provide critical education and professional development to highereducation Governing Boards, senior administrators, and key stakeholders. These programs equip participants with best practices, emerging trends, and governance strategies necessary to address complex challenges in higher education. Agb offered a range of virtual and in-person events, including the foundation leadership forum, board professionals conference, national conference on trusteeship, specialized institutes for board chairs and presidents, and virtual events focused on pressing issues like financial sustainability and board engagement. Agb proactively convenes members for advisory councils, content and program advisory groups, and editorial advising. Agb consulting continued to deliver customized guidance and support services to institutions and foundations, helping strengthen Governing Boards and position them for success. Services included board assessments, succession planning, governance reviews, strategic planning, and merger and partnership strategy.
Advocacy and public policy: agb works to ensure the views of our members are at the forefront of state and federal policy discussions regarding board governance, institutional leadership, student success, and institutional vitality. We work to improve society's understanding and perception of the value of higher education, and we sponsor a number of other advocacy projects that address pressing issues in higher education.
Insights, research, tools and other resources: in addition to trusteeship magazine published six times per year for members, agb publishes books, reports, board statements, blogs, survey findings, webinars, videos, podcasts, and other resources. These are contained in the agb knowledge center on agb.org, which serves as a content hub for best practices, expert insights, research reports, tools and toolkits, and other educational materials. Additionally, agb offers new board member orientation for introducing board members to higher education governance, essential board responsibilities, board composition, and boardroom culture, and a board professional certificate program.

Who funds Association Of Governing Boards Of Universities and Colleges

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Strada Education FoundationOperating Grant$180,000
Lumina FoundationTo Support the Work of the Agb Higher Education As A Strategic Asset Council.$100,000
Carnegie Corporation of New YorkAs A One-Time Only Grant for Support of the Higher Education As A Strategic Asset (Hesa) Initiative$50,000
...and 4 more grants received

Personnel at Association Of Governing Boards Of Universities and Colleges

NameTitleCompensation
Framroze "Fram" M. VirjeePresident and Chief Executive Officer
Roderick McDavis, PhDManaging Principal and Chief Executive Officer , Agb Search$0
Maria NazarethSenior Vice President and Chief Finance Officer$336,777
Christina JacobsSenior Vice President and Chief Marketing Officer$296,071
Larry L. Robertson Jr.Senior Vice President and Chief People Officer$44,001
...and 29 more key personnel

Financials for Association Of Governing Boards Of Universities and Colleges

RevenuesFYE 06/2024
Total grants, contributions, etc.$1,636,390
Program services$13,803,273
Investment income and dividends$763,003
Tax-exempt bond proceeds$0
Royalty revenue$401,000
Net rental income$161,063
Net gain from sale of non-inventory assets$20,518
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$39,557
Total revenues$16,824,804

Form 990s for Association Of Governing Boards Of Universities and Colleges

Fiscal year endingDate received by IRSFormPDF link
2024-062024-11-13990View PDF
2023-062023-11-03990View PDF
2022-062022-11-10990View PDF
2021-062021-11-15990View PDF
2020-062021-02-26990View PDF
...and 10 more Form 990s
Data update history
January 5, 2025
Used new vendors
Identified 2 new vendors, including , and
January 3, 2025
Received grants
Identified 3 new grant, including a grant for $180,000 from Strada Education Foundation
November 23, 2024
Updated personnel
Identified 5 new personnel
September 21, 2024
Received grants
Identified 3 new grant, including a grant for $50,000 from Carnegie Corporation of New York
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Trade associationsBusiness and community development organizationsSchoolsCharities
Issues
EducationCommunity improvementBusiness and industry
Characteristics
MembershipsPolitical advocacyLobbyingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
1666 K St NW Suite 1200
Washington, DC 20006
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
agb.org/ 
Phone
(202) 296-8400
Facebook page
Association-of-Governing-Boards-of-Universities-and-Colleges 
IRS details
EIN
84-0502574
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1974
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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