NonprofitsBelieve In Students Inc

Believe In Students Inc

PHILADELPHIA, PA

Total revenue

$1.1M

Total expenses

$763K

Net assets

$607K

Grants received

$4.6M

30 grants

EIN

813612875

Tax year

2024

Mission

To provide college students struggling with basic needs insecurity with resources and support.

Programs

3 programs

Great lakes consortium - the great lakes fast fund consortium is made up of six fast fund sites in illinois and wisconsin who have formed a collaboration to pursue systemic change. Believe in students has led this group to run a paid student fellowship to train and support impacted students to serve as leaders in this work, and organize faculty, staff, and students to advocate for campus policy and practice changes. In 2024, the organization supported 22 student fellows (10 in spring, 12 in fall) as they developed skills; built relationships among faculty, staff, and students; and created coalitions among other student groups.

Expenses: $225K

Fast fund network - the fast fund is the organization's flagship program, where small-dollar, flexible emergency aid grants are provided to students to address immediate basic needs challenges that threaten their ability to stay in school. The organization does this by organizing a network of faculty on campuses across the country who serve as volunteer program leaders to engage faculty, staff, and impacted students in addressing student basic needs insecurity, including disseminating emergency grants from funds raised through bis and others. In 2024, bis coordinated and supported 30 fast fund leaders across the country to raise and distribute $771,545 to 2,384 students. This is a 21% increase in students served, and a 43% increase in funds distributed over the prior year. The organization has made investments in improving the infrastructure of supports it provides to the volunteer fast fund leaders, focused on increasing efficiency for volunteer leaders and improving their ability to raise local funds.

Expenses: $138K

Gather food hall is a social enterprise to combat food insecurity among college students by utilizing a pay-what-you-can model that provides vouchers for students who need extra support and helping the community better understand these issues. Bis has been working with a group of partners to identify people who would own and operate the food hall, while the organization would focus on the social mission of addressing college food insecurity as a nonprofit partner to the effort. 2024 was a milestone year, as an agreement was reached for the food hall to be built by brandywine realty and operated by hospitality hq, brought together a series of partners to help learn from past failures in models like this, and generate a concept that can be sustainable while addressing the social good. The organization began focusing on establishing the program of providing meals, the educational campaign to educate gather's patrons about these issues, and raising funds to support student meals.

Expenses: $9K

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue
Investment income$8K
Other revenue
Total revenue$1.1M

Expenses

Grants paid
Salaries & benefits$447K
Fundraising$56K
Other expenses$316K
Total expenses$763K
Total assets$620K
Net assets$607K

People

10 listed

NameRoleCompensation

TRACI KIRTLEY

EXECUTIVE DIRECTOR

Board

$113K

50 hrs/wk

RICHARD BINSWANGER

BOARD CHAIR (UNTIL 12.12.24); BOARD MEMBER

Board

0.33 hrs/wk

BILL KIOLBASA

BOARD MEMBER

Board

0.33 hrs/wk

DR ELIZABETH VAQUERA

BOARD MEMBER

Board

0.33 hrs/wk

KRISTEN DURKIN

BOARD MEMBER

Board

0.33 hrs/wk

JESSE THOMPSON

BOARD VICE CHAIR (UNTIL 12.12.24); BOARD CHAIR (AS

Board

0.5 hrs/wk

MARK HAYS

BOARD TREASURER

Board

0.5 hrs/wk

RENE BRYCE-LAPORTE

BOARD MEMBER

Board

0.3 hrs/wk

STEPHANIE OWENS

BOARD MEMBER

Board

0.33 hrs/wk

LIZ MURPHY

BOARD MEMBER

Board

0.33 hrs/wk

Grants received

Showing 30 of 30

FromAmountPurposeYear
$560K
GENERAL SUPPORT
2024
$190K
To support student parents
2024
$45K
GENERAL CONTRIBUTION OF SUPPORT
2024
$30K
Student Fellowship Stipend fund
2024
$100K
Greatest Need
2023
$50K
General & Unrestricted
2023
$25K
Education Access & Affordability
2023
$5K
FAST FUND IN MILWWAUKEE
2023
$50K
Emergency Aid Funds- to be used for FAST Fund aid and operations
2022
$30K
GENERAL SUPPORT
2022
$50K
For recipient's exempt purpose
2021
$1.8M
BEST PRACTICES-STUDENT
2020
$500K
Program Support
2020
$450K
To support Grantee's Student Emergency Aid Fund
2020
$150K
To support Grantee's projects, #RealCollege Survey Report and Emergency Aid Report
2020
$51K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$50K
general operating support FUND, and emergency aid FUND to students
2020
$43K
Support the needs of the organization;
2020
$25K
To support publishing a white paper summarizing key findings of outreach and research focused on ways to improve student access to public benefits and comprehensive economic supports.
2020
$10K
Technical Assistance for the SwiftStudent Initiative as an Initiative Partner
2020
$10K
To support #RealCollege 2021.
2020
$6K
For grant recipient's exempt purposes
2020
$260
GENERAL PURPOSE
2020
$300K
PUBLIC, SOCIETAL BENEFIT
2019
$41K
For grant recipient's exempt purposes
2019
$8K
DONOR DESIGNATION PLEDGE PAYMENTS
2019
$5K
SUBGRANTEE FOR EMERGENCY STUDENT ASSISTANCE
2019

Funded by

$4.6M from 19 funders · 30 grants · 2019–2024

Ecmc Foundation

$1.1M · 3 grants · 2020–2024

Omidyar Network Fund Inc

$600K · 2 grants · 2020

National Philanthropic Trust

$300K · 1 grant · 2019

Imaginable Futures Foundation

$190K · 1 grant · 2024

Gerald L Lennard Foundation Inc

$180K · 4 grants · 2020–2024

The Kaleta A Doolin Foundation

$143K · 2 grants · 2020–2023

Vanguard Charitable Endowment Program

$101K · 2 grants · 2020–2021

Details

EIN813612875
Subsection03
Ruling date2016-08
Formed2016
Employees6
Volunteers30
BELIEVE IN STUDENTS INC — Mission, Financials & Grants Received | Grantivo