NonprofitsPrea Foundation Inc

Employment

Prea Foundation Inc

HARTFORD, CT

Total revenue

$14.1M

Total expenses

$3.7M

Net assets

$35.7M

Grants received

$1.9M

24 grants

EIN

821060870

Tax year

2024

Mission

Creating opportunities for people from all backgrounds to access and excel in the commercial real estate industry.

Financials

FY 2024

Revenue

Contributions & grants$13.5M
Program service revenue
Investment income$556K
Other revenue
Total revenue$14.1M

Expenses

Grants paid$2.9M
Salaries & benefits$549K
Fundraising$262K
Other expenses$307K
Total expenses$3.7M
Total assets$35.8M
Net assets$35.7M

People

25 listed

NameRoleCompensation

IVAN BARRON

EXECUTIVE DIRECTOR

Board

$275K

40 hrs/wk

KEVIN FAXON

PRESIDENT

Board

1 hrs/wk

LINDA ASSANTE

VICE PRESIDENT

Board

1 hrs/wk

DHVANI SHAH

TREASURER

Board

1 hrs/wk

MANNY CASANGA

SECRETARY

Board

1 hrs/wk

AMANDA NUNNINK

DIRECTOR

Board

1 hrs/wk

KIMBERLY ADAMS

DIRECTOR

Board

1 hrs/wk

ALFONSO MUNK

DIRECTOR

Board

1 hrs/wk

GAIL HAYNES

DIRECTOR

Board

1 hrs/wk

SONNY KALSI

DIRECTOR

Board

1 hrs/wk

ERIC LANG

DIRECTOR

Board

1 hrs/wk

TOM LEE

DIRECTOR

Board

1 hrs/wk

DEBBIE HARMON

CHAIR

Board

1 hrs/wk

JOHN BRADY

DIRECTOR

Board

1 hrs/wk

CHAD TREDWAY

DIRECTOR

Board

1 hrs/wk

MELINDA ELLIS-EVERS

DIRECTOR

Board

1 hrs/wk

JEFF FINE

DIRECTOR

Board

1 hrs/wk

LEE MILLSTEIN

DIRECTOR

Board

1 hrs/wk

CHRISTINA SCARLATO

DIRECTOR

Board

1 hrs/wk

DEAN ADLER

DIRECTOR

Board

1 hrs/wk

JONATHAN SLAGER

DIRECTOR

Board

1 hrs/wk

ERIC WU

DIRECTOR

Board

1 hrs/wk

YVONNE NELSON

DIRECTOR

Board

1 hrs/wk

ANAR CHUDGAR

DIRECTOR

Board

1 hrs/wk

CHRIS LEE

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 24 of 24

FromAmountPurposeYear
$20K
GENERAL OPERATING EXPENSES
2024
$2K
SUPPORT FOR REAL ESTATE ADVANCEMENT
2024
$150K
GENERAL OPERATING SUPPORT
2023
$80K
For grant recipient's exempt purposes
2023
$75K
COMMUNITY IMPROVEMENT AND DEVELOPMENT
2023
$50K
General & Unrestricted
2023
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$1M
FOUNDATION INITIATIVE
2022
$50K
AIMS TO FURTHER THE INTERESTS AND VALUES OF THE INSTITUTIONAL REAL ESTATE INVESTMENT COMMUNITY
2022
$50K
General & Unrestricted
2022
$25K
For grant recipient's exempt purposes
2022
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$50K
General & Unrestricted
2021
$10K
For recipient's exempt purpose
2021
$200
In support of general operations.
2021
$200
in support of general operations.
2021
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$10K
For grant recipient's exempt purposes
2020
$200
in support of general operations.
2020
$100K
General Operating Support
2019
$50K
General & Unrestricted
2018
$50K
COMMUNITY IMPROVEMENT & DEVELOPMENT
2017

Funded by

$1.9M from 11 funders · 24 grants · 2017–2024

Pension Real Estate Association

$1.0M · 2 grants · 2022–2024

The Blackstone Charitable Foundation

$300K · 3 grants · 2019–2024

Orange County Community Foundation

$125K · 2 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$115K · 3 grants · 2020–2023

Greenfield Partners Foundation Inc

$100K · 2 grants · 2018–2021

Eugene A & Suzanne H Gorab Foundation

$100K · 2 grants · 2022–2023

Jamestown Foundation Inc

$50K · 1 grant · 2022

Details

EIN821060870
NTEE codeJ21
Subsection03
Ruling date2018-02
Formed2017
Employees3
Volunteers27
PREA FOUNDATION INC — Mission, Financials & Grants Received | Grantivo