FUND FOR EDUCATIONAL EXCELLENCE INC

BALTIMORE, MD, 21201 (410) 685-8300 Est. 1984 EIN 52-1129402
B20 - Elementary & Secondary Schools 990 - Public charity return 501(c)(3)
www.thefundbalt.org

Mission

WE EXPAND RESOURCES, IDENTIFY AND ACCELERATE SOLUTIONS, AND RECOGNIZE EXCELLENCE SO THAT ALL CHILDREN IN BALTIMORE CITY PUBLIC SCHOOLS EXPERIENCE AN EFFECTIVE AND ADEQUATE EDUCATION.

Giving Portfolio

Total Grants
667
Total Giving
$38.7M
Recipients
558
Years Active
2017 - 2024
Avg grant: $55,639 Median: $30,433

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2024148$12.0M $81K753
2023115$6.0M $53K3268
2022104$5.7M $55K2972
202182$6.6M $80K3644
202065$3.9M $60K2144
2019102$2.8M $27K7130
201751$1.7M $33K510

Sectors Funded

Education
142
Human Services
102
Youth Development
95
Arts, Culture & Humanities
42
Community Improvement
31
Recreation & Sports
25
Crime & Legal-Related
18
Religion-Related
15
and 11 more sectors

Top States

Maryland
631
Pennsylvania
13
New York
7
District of Columbia
6
Massachusetts
4
Virginia
2
Nebraska
1
New Jersey
1
and 2 more states

Grantee Size Profile

$1M - $5M
155
$100K - $500K
113
$10M - $50M
69
$5M - $10M
63
$500K - $1M
54
Over $50M
48
Under $100K
30

Top Grantees

Page 1 of 3
$4.0M
TOWSON UNIVERSITY R24
MD - 5 grants
$2.0M
MD - 5 grants
$1.7M
$1.2M
PA - 7 grants
$988K
MORGAN STATE UNIVERSITY
MD - 3 grants
$909K
MD - 6 grants
$829K

Grants Awarded · 574 grants

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Financials

Total Revenue
$30,673,408
Total Expenses
$27,887,178
Net Assets
$30,837,594
134 employees
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
13.3 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 44.0%
Expenses ↑ 1.9%
Revenue Sources
Contributions 88.9% Earned revenue 7.9% Investment 3.3%
Expense Breakdown
Program 89.0% Management 7.9% Fundraising 3.1%

Officers & Trustees (25)

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Filing History (8 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$30,673,408 $27,887,178$30,837,594
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$30,673,408 ↑$27,887,178$30,837,594
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$21,294,754 ↓$27,361,712$27,973,029
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$22,332,215 ↓$24,704,182$33,954,852
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$23,197,789 ↓$23,310,321$36,252,980
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$36,549,916 ↑$21,073,076$36,424,259
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$18,302,111 ↑$18,594,138$20,813,485
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$9,642,515 $8,667,213$9,809,034

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EIN: 52-1129402 · Source: IRS Form 990 e-file data