NonprofitsEdvestors Inc

Education

Edvestors Inc

BOSTON, MA

Total revenue

$3.3M

Total expenses

$5.9M

Net assets

$4.1M

Grants received

$19.5M

145 grants

EIN

760794873

Tax year

2024

Mission

Edvestors is a dynamic school change organization focused on accelerating substantive improvement in boston schools.

Programs

3 programs

Edvestors' mathematics program (also known as zeroing in on math) has a goal of improving the mathematics educational experiences and outcomes of students in boston public schools, with a specific aim of advancing equity in mathematics. (continued on schedule o)through this work, teachers, students, and administrators are engaged to advance teaching, learning, and curricular improvements. Over the years, results have shown that students have benefited with increased assessment outcomes and teachers have reported greater competencies in teaching mathematics. Moving forward, edvestors will build on these accomplishments while working toward system-level impact driven by the connectedness of our school-based work, district-level partnerships, and external collaborations.

Expenses: $325KGrants: $61K

Career pathways - aims to increase the number of boston students who progress through career pathways that are engaging and relevant, address community needs, and prepare young people to enter meaningful careers. Through the career pathways initiative, edvestors helps high schools and the district to plan and provide quality career education experiences for more boston students, enabling them to develop the skills needed to identify, navigate towards, and realize their college and career readiness goals.

Expenses: $1.7MGrants: $93K

Other program services include the school on the move prize, racial equity seed fund, and other programmatic expenses. The school on the move prize is boston's premier award for boston public schools. The annual prize includes a monetary award to one of bps' most rapidly improving schools, with smaller grants to the two finalists. The prize also comes with public recognition and the opportunity for the winning school to document and share their successful improvement strategies to inform the work of educators. Through the racial equity seed fund, edvestors supports a cohort of schools each year to provide schools with the opportunity to create an action-based learning community that implements, tests, and scales solutions to advance racial equity in compliance with federal and state law.

Expenses: $822KGrants: $155K

Financials

FY 2024

Revenue

Contributions & grants$3.1M
Program service revenue
Investment income$151K
Other revenue
Total revenue$3.3M

Expenses

Grants paid$817K
Salaries & benefits$2.2M
Fundraising$549K
Other expenses$2.9M
Total expenses$5.9M
Total assets$6.6M
Net assets$4.1M

People

21 listed

NameRoleCompensation

MARINELL ROUSMANIERE

PRESIDENT & CEO

Board

$198K

40 hrs/wk

FRANCISCO MARRIOTT

VP FINANCE & OPS.

Board

$121K

40 hrs/wk

JEAN-PHILLIP BRIGNOL

BOARD MEMBER

Board

1 hrs/wk

CHRISTINE LETTS

BOARD MEMBER

Board

1 hrs/wk

BRANDON CARDET-HERNANDEZ

BOARD MEMBER

Board

1 hrs/wk

MYRAN PARKER-BRASS

BOARD CHAIR

Board

1 hrs/wk

MATTHEW LESNIAK

BOARD MEMBER

Board

1 hrs/wk

MELODIE KNOWLTON

BOARD MEMBER

Board

1 hrs/wk

DR MARIA LUISA PARRA-VELASCO

BOARD MEMBER (UNTIL 9/24)

Board

1 hrs/wk

ROBERT ZACCARDI

BOARD MEMBER

Board

1 hrs/wk

JENNIFER LARSON-JOYCE

VICE CHAIR

Board

1 hrs/wk

ABRA FRANCOIS

CLERK( AS OF 10/24)

Board

1 hrs/wk

KATHERINE S MCHUGH

CLERK (UNTIL 10/24)

Board

1 hrs/wk

DAVID SIMON

TREASURER

Board

1 hrs/wk

KATHERINE GROSS

BOARD MEMBER

Board

1 hrs/wk

FAITH PARKER

BOARD MEMBER

Board

1 hrs/wk

LORENA LOPERA

VP ADVANCEMENT & EXTERNAL RELATIONS

Staff

$146K

40 hrs/wk

RUTH MERCADO-ZIZZO

VP PROGRAMS & EQUITY

Staff

$128K

40 hrs/wk

JUSTINE BEATON

VP CHIEF OF STAFF

Staff

$118K

40 hrs/wk

HEATHER JOHNSON

VP PROGRAMS

Staff

$110K

40 hrs/wk

LAVONIA MONTOUTE

SENIOR DIRECTOR

Staff

$107K

40 hrs/wk

Grants received

Showing 145 of 145

FromAmountPurposeYear
$696K
TO SUPPORT ARTS INTERNSHIP PROGRAM
2024
$695K
IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS
2024
$550K
MUSIC EDUCATION - SUPPORT MUSIC PROGRAM OF BOSTON PUBLIC SCHOOLS ARTS EXPANSION
2024
$200K
BOSTON PUBLIC SCHOOLS ARTS EXPANSION
2024
$110K
UNRESTRICTED GENERAL
2024
$30K
ZEROING IN ON MATH
2024
$25K
EXEMPT PURPOSE
2024
$5K
TO FURTHER CHARITABLE PURPOSE
2024
$1K
General & Unrestricted
2024
$1.6M
IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS
2023
$767K
ARTS INTERNSHIP PROGRAM IN BOSTON
2023
$550K
MUSIC EDUCATION - SUPPORT MUSIC PROGRAM OF BOSTON PUBLIC SCHOOLS ARTS EXPANSION
2023
$350K
Massachusetts Community Grants: To support the BPS Arts Expansion Initiative for fiscal years 2024, 2025, and 2026, and in honor of EdVestors' 20th anniversary
2023
$280K
Operating Support/Annual Fund
2023
$228K
Education
2023
$200K
BOSTON PUBLIC SCHOOLS ARTS EXPANSION - PHASE V
2023
$121K
Operations budget assistance
2023
$100K
UNRESTRICTED GENERAL
2023
$100K
MATH IS FOR EVERYONE PROGRAMMING
2023
$85K
OPERATING SUPPORT
2023
$85K
OPERATING SUPPORT
2023
$49K
For grant recipient's exempt purposes
2023
$35K
CHARITABLE DONATION
2023
$30K
ZEROING IN ON MATH
2023
$20K
UNRESTRICTED SUPPORT OF ORGANIZATION'S CHARITABLE OBJECTIVES/ RESEARCH/ BENEFITTING THOSE IN NEED
2023
$15K
YOUTH SERVICE PROVIDER
2023
$11K
ARTS INTERN PROGRAM
2023
$10K
MATHEMATICS LEARNING COMMUNITIES
2023
$10K
EXEMPT PURPOSE
2023
$10K
School on the Move
2023
$10K
Education support for children
2023
$3K
EXEMPT PURPOSES
2023
$500
FOR EDUCATIONAL PROGRAMS.
2023
$1.6M
IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS
2022
$650K
Good Philanthropic Citizen and Community Grants: Unrestricted operating support and BPS Arts Expansion for fiscal years 2022 and 2023
2022
$554K
ARTS INTERNSHIP PROGRAM IN BOSTON
2022
$550K
GENERAL USE
2022
$295K
Operating Support/Annual Fund
2022
$200K
BOSTON PUBLIC SCHOOLS ARTS EXPANSION - PHASE V
2022
$116K
Operations budget assistance
2022
$103K
Education
2022
$75K
EDVESTORS ZEROING IN ON MATH AND CAREER PATHWAYS INITIATIVES
2022
$75K
ZEROING IN ON MATH PROGRAM
2022
$65K
For grant recipient's exempt purposes
2022
$35K
GENERAL SUPPORT
2022
$30K
CHARITABLE DONATION
2022
$20K
UNRESTRICTED SUPPORT OF ORGANIZATION'S CHARITABLE OBJECTIVES/ RESEARCH/ BENEFITTING THOSE IN NEED
2022
$15K
ZEROING IN ON MATH INITIATIVE
2022
$15K
FOR FOUNDATIONS OF CAREER AND ACADEMIC LEARNING
2022
$15K
YOUTH SERVICE PROVIDER
2022
$10K
2022 INFLATION RECOGNITION GRANTS
2022
$10K
EXEMPT PURPOSES
2022
$10K
EXEMPT PURPOSE
2022
$10K
Education support for children
2022
$10K
17TH ANNUAL SCHOOL ON THE MOVE PRIZE CEREMONY
2022
$5K
TO FURTHER CHARITABLE PURPOSE
2022
$3K
General Support
2022
$500
FOR EDUCATIONAL PROGRAMS.
2022
$1.6M
IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS
2021
$218K
Operating Support/Annual Fund
2021
$75K
ZEROING IN ON MATH PROGRAM
2021
$25K
For grant recipient's exempt purposes
2021
$25K
For grant recipient's exempt purposes
2021
$15K
CHARITABLE DONATION
2021
$15K
ZEROING IN ON MATH INITIATIVE
2021
$10K
UNRESTRICTED SUPPORT OF ORGANIZATION'S CHARITABLE OBJECTIVES/ RESEARCH/ BENEFITTING THOSE IN NEED
2021
$10K
EXEMPT PURPOSE
2021
$6K
Program support
2021
$3K
General Support
2021
$1.6M
IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS
2020
$342K
Operating Support/Annual Fund
2020
$185K
TO SUPPORT ART INTERNSHIP PROGRAM
2020
$90K
UNRESTRICTED GENERAL
2020
$75K
ZEROING IN ON MATH PROGRAM
2020
$50K
GENERAL OPERATING
2020
$50K
UNRESTRICTED
2020
$25K
EXEMPT PURPOSES
2020
$24K
For grant recipient's exempt purposes
2020
$10K
EXEMPT PURPOSE
2020
$10K
CHARITABLE GENERAL PURPOSE
2020
$10K
Support urban education
2020
$10K
EXEMPT PURPOSES
2020
$10K
ZEROING IN ON MATH
2020
$6K
Program support
2020
$5K
UNRESTRICTED SUPPORT OF ORGANIZATION'S CHARITABLE OBJECTIVES/ RESEARCH/ BENEFITTING THOSE IN NEED
2020
$2K
General Support
2020
$2K
Operations budget assistance
2020
$519
FOR PURPOSE OF DONATION TO CHARITABLE ORGANIZATIONS
2020
$348K
Operating Support/Annual Fund
2019
$100K
Education
2019
$100K
Unrestricted
2019
$82K
UNRESTRICTED GENERAL
2019
$45K
For grant recipient's exempt purposes
2019
$5K
ZEROING IN ON MATH
2019
$2K
General Support
2019
$62K
For grant recipient's exempt purposes
2018
$25K
SUPPORT OF BPS HUMAN CAPITAL OFFICE
2018
$364K
Operating Support
2017
$200K
Education
2017
$100K
Unrestricted
2017
$85K
Annual Fund
2017
$29K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$3K
General support
2017

Funded by

$19.5M from 50 funders · 145 grants · 2017–2024

Jpmorgan Chase Foundation

$7M · 5 grants · 2020–2024

Boston Foundation Inc

$2.7M · 12 grants · 2017–2023

The Bloomberg Family Foundation Inc

$2.2M · 4 grants · 2020–2024

Popplestone Foundation

$1.6M · 3 grants · 2022–2024

The Klarman Family Foundation

$1M · 2 grants · 2022–2023

Linde Family Foundation

$600K · 3 grants · 2022–2024

The Simon Bros Family Fdtn Xxxxx3003

$386K · 5 grants · 2019–2024

Parker Family Foundation

$382K · 4 grants · 2019–2024

Details

EIN760794873
NTEE codeB12
Subsection03
Ruling date2007-05
Formed2005
Employees29
Volunteers76
EDVESTORS INC — Mission, Financials & Grants Received | Grantivo