NonprofitsBusiness-Higher Education Forum

Education

Business-Higher Education Forum

WASHINGTON, DC

Total revenue

$2.0M

Total expenses

$2.7M

Net assets

$253K

Grants received

$5.3M

14 grants

EIN

341986692

Tax year

2023

Mission

To advance innovative solutions to america's education and workforce challenges and develop a skilled and resilient workforce that drives innovation, fuels economic growth, and empowers individuals to thrive in meaningful careers.

Programs

3 programs

Network membership - bhef incurs expenses related to the business of driving membership network activity, which involves recruitment, engagement, communication, and service delivery. This is achieved through in-person and virtual convenings, collaborative research and programmatic initiatives and communication.

Expenses: $463K

One of bhef's regional talent initiatives, this program is funded by connecticut's office of workforce strategy, tech talent accelerator, led by the business-higher education forum (bhef) and the new england board of higher education (nebhe) creates business higher education partnerships that develop newly tailored credentials available to connecticut's learners in high demand technology fields such as cloud computing, cybersecurity, ai, and mobile application development. Bhef supports educators and business partners with a community of practice to learn best practices for developing industry-validated programs and embedding in-demand credentials and a platform for engaging with statewide tech talent and workforce development initiatives.

Expenses: $205K

Number 4: bhef provides technical assistance to west georgia technical college (wgtc) and labor market data for wgtc's new advanced manufacturing regional training center focused on serving employers by closing the skills talent gap in the four-county region closest to the proposed center facility. The work aims to enhance the existing physical center to meet industry partner training needs, embed industry-driven experiential learning opportunities, align and refresh programming and credentialing, and on-board staff to launch, market, and sustain employer partnerships. Number 5: funded by the strada education foundation, our annual report series is a resource that gathers intelligence from employers to identify the emerging skills and partnership models that are needed to drive closer alignment across curriculum and talent pipelines. Released in the form of a publicly available report, "forging partnerships to align education and industry for the workforce of tomorrow," this resource shares data insights and actionable examples to enable higher education pathways to be developed to better align to industry needs. Number 6: funded by the ecmc foundation, the business-higher education forum's (bhef) faculty innovation fellowship brings a change management and employer alignment methodology to enable emerging higher education leaders to design, develop, and lead the development of effective, industry-aligned talent pipelines that expand pathways to student success. Collaboration between business and higher education is vital to ensure that higher education experiences pave the way for rewarding employment. Faculty fellows are leaders empowered to drive positive change that position students for success and enables their institutions to be leaders in employer engagement. Number 7: funded by the strada education foundation, the publicly available "expanding internships: harnessing employer insights to boost opportunity and enhance learning" fills an evidence gap by examining the employer perspective on wbl. By interviewing 2,700 employers, completing a literature review and conducting interviews and focus groups, the report identifies the key challenges companies face in offering internships, from operational constraints to market uncertainties. It also highlights the importance of quality in internship programs and the need to increase opportunities for students. This report was a first step in our work to expand capacity in this area. Conferences: bhef conducts semi-annual convenings to catalyze dialogue and action between its corporate and academic network and foundation and strategic partners on issues related to business talent needs, workforce development, and higher education innovation to meet these needs. Policymakers from state and federal governments are often invited to participate in these discussions. Academic, business, and philanthropic leaders at the cutting-edge of technologies and educational programming participate. Many give presentations on successful local educational efforts that may be applicable on a broader regional or national scale. Bhef also hosts virtual and in-person convenings on topics at the intersection of business and higher education.

Expenses: $230K

Financials

FY 2023

Revenue

Contributions & grants$1.1M
Program service revenue$850K
Investment income$22K
Other revenue
Total revenue$2.0M

Expenses

Grants paid$16K
Salaries & benefits$1.6M
Fundraising
Other expenses$1.1M
Total expenses$2.7M
Total assets$1.6M
Net assets$253K

People

23 listed

NameRoleCompensation

BRIAN K FITZGERALD

CHIEF EXECUTIVE OFFICER (END 1/2024)

Board

$173K

25 hrs/wk

MARY PAPAZIAN

PAST CHAIR / PT CEO

Board

$69K

20 hrs/wk

WAYNE A I FREDERICK

BOARD MEMBER

Board

1 hrs/wk

LISA GEVELBER

BOARD MEMBER

Board

1 hrs/wk

EARL F MARTY MARTIN

BOARD MEMBER

Board

1 hrs/wk

BRIAN A NAPACK

BOARD MEMBER

Board

1 hrs/wk

RYAN OAKES

BOARD MEMBER

Board

1 hrs/wk

JUDY D OLIAN

BOARD MEMBER

Board

1 hrs/wk

JAY A PERMAN

BOARD MEMBER

Board

1 hrs/wk

MADELINE PUMARIEGA

BOARD MEMBER

Board

1 hrs/wk

KRISTEN FOX

CHIEF EXECUTIVE OFFICER (BEG 1/2024)

Board

25 hrs/wk

TIMOTHY D SANDS

CHAIR

Board

1 hrs/wk

LAURA K IPSEN

VICE CHAIR

Board

1 hrs/wk

JOSEPH E AOUN

BOARD MEMBER

Board

1 hrs/wk

JEFFREY D ARMSTRONG

BOARD MEMBER

Board

1 hrs/wk

BRANDON BUSTEED

BOARD MEMBER

Board

1 hrs/wk

JOHN J DEGIOIA

BOARD MEMBER

Board

1 hrs/wk

BRUCE GARDNER

VP OF MEMBERSHIP (END 2/2024)

Staff

$236K

40 hrs/wk

JENNIFER THORNTON

SR. DIRECTOR

Staff

$189K

30 hrs/wk

STACEY BROWN

CFO

Staff

$186K

40 hrs/wk

SUZANNE AMOONARQUAH

DIRECTOR OF OPERATIONS

Staff

$150K

40 hrs/wk

STEPHANIE BLOCHINGER

DIRECTOR OF MEMBERSHIP

Staff

$137K

40 hrs/wk

CANDACE WILLIAMS

DIRECTOR REGIONAL INITIATIVES

Staff

$116K

40 hrs/wk

Independent contractors

DEBORAH HODGE

CONSULTANT

$160K

Grants received

Showing 14 of 14

FromAmountPurposeYear
$200K
OPERATING GRANT
2024
$1M
IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS
2023
$688K
PROGRAM SUPPORT
2023
$325K
OPERATING GRANT
2023
$1M
IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS
2022
$100K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2022
$50K
GENERAL SUPPORT
2022
$195K
IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS
2021
$341K
Career Readiness
2020
$100K
OPERATING GRANT
2020
$50K
GENERAL CHARITABLE OPERATIONS
2020
$600K
IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS
2019
$600K
IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS
2018
$40K
GENERAL SUPPORT
2017

Funded by

$5.3M from 7 funders · 14 grants · 2017–2024

Jpmorgan Chase Foundation

$3.4M · 5 grants · 2018–2023

Ecmc Foundation

$1.0M · 2 grants · 2020–2023

Strada Education Foundation Inc

$625K · 3 grants · 2020–2024

The Northrop Grumman Foundation

$100K · 1 grant · 2022

United Way Worldwide

$50K · 1 grant · 2020

The Blackbaud Giving Fund

$50K · 1 grant · 2022

Kpmg Us Foundation Inc

$40K · 1 grant · 2017

Details

EIN341986692
NTEE codeB05
Subsection03
Ruling date2004-11
Formed2004
Employees13
Volunteers14