Mason Korea LLC

Mason Korea LLC is a 501(c)(3) nonprofit organization committed to providing educational opportunities through its operation of a branch campus of George Mason University in the Republic of Korea.

Mission and Purpose

The primary mission of Mason Korea LLC is to recruit and educate students, facilitating their access to higher education. By offering a range of academic programs, the organization aims to contribute to the expansion of knowledge and foster intellectual growth among its students. This endeavor aligns with the academic standards and values of George Mason University, promoting educational access and opportunities in a new setting.

Financial Overview

Mason Korea LLC derives its revenue mainly from program services, which constitute a significant portion of its income. In a previous fiscal year, contributions accounted for approximately 17.6% of total revenue, while program services comprised about 82.6%[1]. The organization's total revenue in 2022 was reported as $11,788,194[2].

Governance and Compensation

Mason Korea LLC's leadership includes several key officers and board members. The compensation for top executives and officials reflects the organization's commitment to maintaining a professional and effective administrative structure. Notably, donations to Mason Korea LLC are tax-deductible, indicating its compliance with U.S. tax regulations[1][2].

Impact and Community Engagement

Operating as a branch of George Mason University in South Korea, Mason Korea LLC significantly impacts the local educational landscape. It provides students with quality educational opportunities without the need for international travel, promoting both academic growth and cultural exchange between the U.S. and South Korea. Students and alumni often express satisfaction with the institution, highlighting the supportive academic environment and the quality of faculty[2].

External Support and Partnerships

Mason Korea LLC benefits from various partnerships and support networks, such as collaborations with entities like the Korea Foundation, which help promote cultural and academic exchanges[4]. These partnerships enhance the organization's ability to offer diverse educational experiences and contribute to broader societal and economic development in the region.

In summary, Mason Korea LLC is an educational nonprofit dedicated to expanding educational opportunities in South Korea through its affiliation with George Mason University. Its activities reflect a commitment to academic excellence and international cooperation.