THE POSSE FOUNDATION INC

NEW YORK, NY, 10005-2144 (212) 405-1691 Est. 1989 EIN 13-3840394
B82 - Scholarships & Student Financial Aid 990 - Public charity return 501(c)(3)
www.possefoundation.org

Mission

THE POSSE FOUNDATION, FOUNDED IN 1989, IDENTIFIES PUBLIC HIGH SCHOOL STUDENTS WITH EXTRAORDINARY ACADEMIC AND LEADERSHIP POTENTIAL WHO MAY BE OVERLOOKED BY TRADITIONAL COLLEGE SELECTION PROCESSES. THE FOUNDATION EXTENDS TO THESE STUDENTS THE OPPORTUNITY TO PURSUE PERSONAL AND ACADEMIC EXCELLENCE BY PLACING THEM IN SUPPORTIVE, MULTICULTURAL TEAMS ("POSSES") OF 10 STUDENTS. THE FOUNDATION'S PARTNER UNIVERSITIES AWARD POSSE SCHOLARS FOUR-YEAR, FULL-TUITION LEADERSHIP SCHOLARSHIPS.

Giving Portfolio

Total Grants
82
Total Giving
$8.3M
Recipients
82
Years Active
2018 - 2024
Avg grant: $97,166 Median: $100,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202419$2.3M $121K415
202315$1.7M $113K411
202212$1.3M $104K75
20209$700K $78K18
20199$700K $78K09
201818$1.6M $89K180

Sectors Funded

Education
61
Youth Development
3
Health Care
2

Top States

Pennsylvania
11
Massachusetts
8
North Carolina
7
Ohio
6
Minnesota
6
New York
5
Indiana
4
Washington
4
and 14 more states

Grantee Size Profile

Over $50M
64

Top Grantees

Page 1 of 3
TEXAS A&M UNIVERSITY
TX - 3 grants
$600K
PA - 4 grants
$400K
PA - 4 grants
$400K
NC - 4 grants
$400K
$300K
$300K
MN - 3 grants
$300K
UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS
NC - 3 grants
$300K
KY - 3 grants
$300K

Grants Awarded · 74 grants

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Financials

Total Revenue
$32,627,666
Total Expenses
$32,006,552
Net Assets
$156,352,237
263 employees 1,745 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
4.9 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 27.2%
Expenses ↑ 8.4%
Revenue Sources
Contributions 59.9% Earned revenue 12.0% Investment 28.7%
Expense Breakdown
Program 76.0% Management 14.0% Fundraising 9.9%

Officers & Trustees (62)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$32,627,666 ↓$32,006,552$156,352,237
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$44,798,620 ↑$29,521,344$149,661,504
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$30,624,137 ↓$25,978,887$121,816,095
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$44,739,225 ↑$21,123,690$114,752,629
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$23,049,151 ↓$24,372,893$86,977,300
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$25,574,140 $23,549,042$80,020,742

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EIN: 13-3840394 · Source: IRS Form 990 e-file data