NonprofitsPrep For Prep

Education

Prep For Prep

NEW YORK, NY

Total revenue

$11.2M

Total expenses

$15.5M

Net assets

$61.8M

Grants received

$27.9M

675 grants

EIN

132613383

Tax year

2024

Mission

Prep for prep envisions a nation guided by ethical and effective leaders who reflect our society. After 47 years of service, prep is now more than 5,000 students and alumni strong, creating generations of leaders who are inspiring change, shaping our democracy, and contributing to and growing our global economy.

Programs

3 programs

Counseling prep provides individual counseling for approximately 700 students annually throughout their time (ranging from 4-6 years) in independent day and boarding schools. Our counseling team monitors students' academic and social-emotional progress and provides assistance, including tutoring and emergency fund support, to students and their families as needed. The team works to equip students, who are also navigating adolescence, to address issues ranging from imposter syndrome to perfectionism; from anxiety to depression; from cultural divides to sense of belonging. Services and support are also made available to approximately 600 college students annually through our undergraduate affairs team.

Expenses: $3.5M

Leadership development prep offers leadership development and professional advancement opportunities during high school and college to roughly 1,300 students annually. Activities include: sleep-away camp; a prep-sotheby's partnership for our summer arts academy; a prep-google partnership for our institute for entrepreneurship (ife); college guidance (including campus visits); student leadership retreats; summer internships and career seminars with leading firms, companies, nonprofits, and public service agencies; exposure to stem fields and computer coding; travel abroad, international living, and experiential learning; and other programs aimed at expanding student horizons. These opportunities increase students' sense of belonging, broaden understanding of life's possibilities, and build a stronger self-confidence.

Expenses: $2.2M

Talent search our admissions team identifies 200 students each year for admission to prep for prep, selected among nearly 4,000 annual inquiries from students in nyc public schools. The admissions process is extensive and highly competitive. Students are chosen for their academic potential and intellectual capacity, their commitment to learning and growth, their courage and integrity, their determination to succeed, and their resilience. Alumni affairs for prep's alumni, now over 4,500 strong and growing, we build community through a variety of engagement programs that encourage a life-long commitment to prep and its mission. Ongoing networking, professional development, and social gatherings, along with opportunities to give back their time, knowledge, and treasure, ensure that our students have role models, mentors, and champions to help them reach their full potential and follow in the footsteps of their fellow alumni.expertise & leadership impact prep has a longstanding commitment to sharing its program model and experience and boasts a growing list of more than 250 organizations and social entrepreneurs who have benefited from our knowledge, methods, and approaches. Additionally, prep supports its partner schools with information-sharing and professional advice and support.

Expenses: $2.1M

Financials

FY 2024

Revenue

Contributions & grants$10.5M
Program service revenue
Investment income$704K
Other revenue$3K
Total revenue$11.2M

Expenses

Grants paid
Salaries & benefits$10.1M
Fundraising$506K
Other expenses$5.4M
Total expenses$15.5M
Total assets$63.0M
Net assets$61.8M

People

50 listed

NameRoleCompensation

RUTH JURGENSEN

CEO THROUGH 11/15/24

Board

$405K

40 hrs/wk

JACKSON COLLINS

CEO FROM 11/18/24

Board

$284K

40 hrs/wk

SHARON MADISON

CHIEF OPERATING OFFICER

Board

$245K

40 hrs/wk

FRANK K BYNUM JR

VICE PRESIDENT

Board

1 hrs/wk

KENNETH CAPLAN

VICE PRESIDENT

Board

1 hrs/wk

JOHN H HALL ESQ

VICE PRESIDENT

Board

1 hrs/wk

NATALIE SWABY HUTCHINSON

VICE PRESIDENT

Board

1 hrs/wk

NICOLE ARNABOLDI

VICE PRESIDENT

Board

1 hrs/wk

CHRISTOPHER ORTEGA

VICE PRESIDENT

Board

1 hrs/wk

PETER ANZALONE

VICE PRESIDENT & TREASURER

Board

1 hrs/wk

RICHARD D'ALBERT

VICE PRESIDENT & ASSISTANT TREASURER

Board

1 hrs/wk

DALE ALLSOPP

TRUSTEE

Board

1 hrs/wk

CONOR BASTABLE

TRUSTEE

Board

1 hrs/wk

ANSON H BEARD

TRUSTEE

Board

1 hrs/wk

JORGE CALDERON

TRUSTEE

Board

1 hrs/wk

ALEX CLAVEL

TRUSTEE

Board

1 hrs/wk

DIOGENES BRITO

CEO

Board

1 hrs/wk

KATHRYN M DEANE

TRUSTEE

Board

1 hrs/wk

JAMES P DEMARE

TRUSTEE

Board

1 hrs/wk

ERIC DERFNER

TRUSTEE UNTIL 7/31/24

Board

1 hrs/wk

PASCAL DESROCHES

TRUSTEE

Board

1 hrs/wk

ALEXANDER R EDLICH

TRUSTEE

Board

1 hrs/wk

PATRICIA FARMAN-FARMAIAN

TRUSTEE

Board

1 hrs/wk

KEVIN FERRO

TRUSTEE UNTIL 2/20/25

Board

1 hrs/wk

KAREEM COOK

TRUSTEE

Board

1 hrs/wk

CARL D HARNICK

TRUSTEE

Board

1 hrs/wk

FRANCIS IDEHEN

TRUSTEE

Board

1 hrs/wk

JAMES R MAHER

TRUSTEE

Board

1 hrs/wk

ERIC A ROTHFELD

TRUSTEE

Board

1 hrs/wk

ANTHONY KIM

TRUSTEE

Board

1 hrs/wk

ROBIN KRASNY

TRUSTEE

Board

1 hrs/wk

LAURENCE C LEEDS JR

TRUSTEE

Board

1 hrs/wk

FRANK J LOVERRO

TRUSTEE

Board

1 hrs/wk

R TYLER MORSE

TRUSTEE

Board

1 hrs/wk

JEANNEMARIE O'BRIEN

TRUSTEE

Board

1 hrs/wk

SANDY OSBORNE

TRUSTEE

Board

1 hrs/wk

LISSA PERLMAN

TRUSTEE

Board

1 hrs/wk

TREVOR PRICE

TRUSTEE

Board

1 hrs/wk

RICHARD SCHAPS

TRUSTEE

Board

1 hrs/wk

WILLIAM A SHUTZER

TRUSTEE

Board

1 hrs/wk

PEG SULLIVAN

TRUSTEE

Board

1 hrs/wk

MICHAEL WEST

TRUSTEE

Board

1 hrs/wk

ANITA VOLZ WIEN

TRUSTEE

Board

1 hrs/wk

BRIAN C WILLE

TRUSTEE

Board

1 hrs/wk

KARESSA L CAIN

TRUSTEE

Board

1 hrs/wk

REBECCA ERVEY

DIRECTOR OF DEVELOPMENT AN

Staff

$230K

40 hrs/wk

NIKOLE SMITH

DIRECTOR OF ACADEMIC PROGR

Staff

$209K

40 hrs/wk

JOHANNA RODRIGUEZ

DIRECTOR OF ADMISSIONS

Staff

$192K

40 hrs/wk

CINDY PEREZ

DIRECTOR OF LEADERSHIP DEV

Staff

$185K

40 hrs/wk

ROBERTA OSORIO

DIRECTOR OF POST-PLACEMENT COUNSELING

Staff

$168K

40 hrs/wk

Independent contractors

NYC SCHOOLBUS INC

TRANSPORTATION

$636K

ARABELLA ADVISORS

ACCOUNTING SERVICES

$397K

AGILE CLOUD CONSULTING

IT CONSULTING

$298K

INTRINSIC TECHNOLOGY GROUP INC

IT CONSULTING

$140K

SSI (US) INC DBA SPENCER STUART

RECRUITING SERVICES

$138K

Grants received

Showing 200 of 675

FromAmountPurposeYear
$250K
PROGRAM SUPPORT/PROJECT SUPPORT
2024
$250K
GENERAL OPERATING SUPPORT
2024
$200K
PREP FOR PREP LEADERSHIP AND EDUCATIONAL ENRICHMENT FUND
2024
$200K
GENERAL CHARITABLES
2024
$150K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.
2024
$121K
FOR GENERAL SUPPORT.
2024
$100K
GENERAL OPERATING SUPPORT
2024
$100K
Contribution provided
2024
$75K
UNDERGRADUATE AFFAIRS: SUPPORTING STUDENTS OF COLOR PURSUING HIGHER EDUCATION
2024
$75K
General & Unrestricted
2024
$51K
FOR A SCHOLARSHIP AWARD.
2024
$50K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2024
$50K
Education
2024
$40K
UNRESTRICTED GENERAL
2024
$30K
UNRESTRICTED GENERAL SUPPORT
2024
$25K
SUPPORT EDUCATION & LEADERSHIP OPPORTUNITIES FOR DIVERSE STUDENT POPULATION
2024
$25K
GENERAL CHARITABLE PURPOSE
2024
$25K
GENERAL FUND
2024
$24K
GENERAL SUPPORT
2024
$22K
PUBLIC CHARITIES
2024
$20K
General Purpose
2024
$20K
ORGANIZATION CREATING ACCESS FOR YOUNG PEOPLE OF COLOR TO FIRST-RATE EDUCATIONAL, LEADERSHIP DEVELOPMENT AND PROFESSIONAL ADVANCEMENT OPPORTUNITIES
2024
$20K
GENERAL UNRESTRICTED
2024
$15K
CHARITABLE
2024
$10K
TO SUPPORT PREP FOR PREP'S MISSION TO DEVELOP FUTURE LEADERS THROUGH ACCESS TO FIRST-RATE EDUCATIONAL, LEADERSHIP DEVELOPMENT AND PROFESSIONAL OPPORTUNITIES.
2024
$10K
GENERAL SUPPORT
2024
$10K
FULFILL CHARITABLE PURPOSE
2024
$10K
ANNUAL GIFT - GENERAL FUND
2024
$10K
WE ENVISION A NATION GUIDED BY ETHICAL AND EFFECTIVE LEADERS WHO REFLECT OUT DIVERSE SOCIETY. TO DEVELOP FUTURE LEADERS BY CREATING ACCESS FOR YOUNG PEOPLE OF COLOR TO FIRST-RATE EDUCATIONAL, LEADERSHIP DEVELOPMENT AND PROFESSIONAL ADVANCEMENT OPPORTUNITIES.
2024
$10K
GENERAL SUPPORT
2024
$8K
DIRECTED GIVING - INANNA DONNELLEY
2024
$6K
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$5K
UNRESTRICTED
2024
$5K
COMMUNITY CHARITY
2024
$5K
CHARITABLE
2024
$5K
GENERAL PURPOSES
2024
$5K
TO SUPPORT HEALTH, HUMAN SERVICES AND WELFARE PROGRAMS.
2024
$5K
CHARITABLE
2024
$5K
IN HONOR OF PAULA CAMPBELL ROBERTS
2024
$5K
GENERAL SUPPORT
2024
$5K
GENERAL
2024
$5K
UNRESTRICTED
2024
$3K
SUPPORT FOR GENERAL USE
2024
$3K
FOR GENERAL OPERATING SUPPORT.
2024
$3K
GENERAL OPERATING PURPOSES
2024
$3K
TO SUPPORT EDUCATIONTO SUPPORT EDUCATION
2024
$3K
General & Unrestricted
2024
$2K
GENERAL SUPPORT
2024
$2K
FOR CHARITABLE USE
2024
$1K
TO FURTHER DONEES EXEMPT PURPOSE
2024
$1K
GENERAL OPERATIONS
2024
$1K
TO FURTHER THE ORGANIZATIONS CHARITABLE OBJECTIVES
2024
$1K
GENERAL OPERATING PURPOSE
2024
$1K
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2024
$1K
CHARITABLE ORGANIZATION
2024
$1K
General & Unrestricted
2024
$500
General & Unrestricted
2024
$500
Charitable
2024
$250
MATCHING GIFTS
2024
$50
Financial Assistance
2024
$659K
For grant recipient's exempt purposes
2023
$500K
GENERAL PROGRAM SUPPORT
2023
$267K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2023
$200K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.
2023
$200K
GENERAL OPERATING SUPPORT
2023
$200K
GENERAL CHARITABLES
2023
$200K
GENERAL OPERATING SUPPORT
2023
$200K
PREP FOR PREP LEADERSHIP AND EDUCATIONAL ENRICHMENT FUND
2023
$150K
FOR PROGRAM SUPPORT.
2023
$150K
Education
2023
$125K
Support operations
2023
$125K
GENERAL OPERATING SUPPORT
2023
$100K
GENERAL OPERATING SUPPORT
2023
$100K
Contribution provided
2023
$100K
PREP FOR PREP PROFESSIONAL ADVANCEMENT INTERNSHIP PROGRAM
2023
$87K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$75K
DONATION FOR EDUCATIONAL PURPOSES.
2023
$75K
DIVERSITY SCHOLARSHIPS
2023
$75K
General & Unrestricted
2023
$49K
FOR A SCHOLARSHIP AWARD.
2023
$47K
GENERAL SUPPORT
2023
$41K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$36K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2023
$30K
QUALITY EDUCATION
2023
$25K
TO OFFER PROMISING STUDENTS OF COLOR ACCESS TO A PRIVATE SCHOOL EDUCATION
2023
$25K
General Purpose
2023
$25K
GENERAL OPERATING FUNDS
2023
$25K
CHARITABLE CONTRIBUTION
2023
$25K
CHARITABLE CONTRIBUTION - LEADERSHIP DEVELOPMENT PROGRAM
2023
$24K
GENERAL CHARITABLE PURPOSE
2023
$20K
GENERAL UNRESTRICTED
2023
$20K
TO FURTHER DONEE'S EXEMPT PURPOSE
2023
$20K
GENERAL SUPPORT
2023
$15K
General Support
2023
$15K
FULFILL CHARITABLE PURPOSE
2023
$15K
TO SUPPORT THE ONGOING MISSION WHICH ASSISTS CHILDREN TO LEARN AND GROW
2023
$13K
FOR GENERAL SUPPORT.
2023
$10K
GENERAL PURPOSE
2023
$10K
GENERAL SUPPORT
2023
$10K
TO SUPPORT PREP FOR PREP IN DEVELOPING ETHICAL AND EFFECTIVE LEADERS WHO REFLECT OUR DIVERSE SOCIETY FOR THE ENDURING BENEFIT OF ALL.
2023
$10K
GENERAL FUND
2023
$10K
CHARITABLE PROGRAM
2023
$10K
TO SUPPORT PREP FOR PREP'S MISSION TO DEVELOP FUTURE LEADERS BY CREATING ACCESS FOR YOUNG PEOPLE OF COLOR TO FIRST-RATE EDUCATIONAL, LEADERSHIP DEVELOPMENT AND PROFESSIONAL OPPORTUNITIES.
2023
$10K
POST-PLACEMENT COUNSELING PROGRAM
2023
$10K
TO SUPPORT PREP FOR PREP'S MISSION TO DEVELOP FUTURE LEADERS BY CREATING ACCESS FOR YOUNG PEOPLE OF COLOR TO FIRST-RATE EDUCATIONAL, LEADERSHIP DEVELOPMENT AND PROFESSIONAL OPPORTUNITIES.
2023
$10K
GENERAL OPERATING
2023
$10K
ANNUAL GIFT - GENERAL FUND
2023
$10K
GENERAL SUPPORT
2023
$10K
SUPPORT EDUCATION AND ACADEMIC SUCCESS PROGRAMS.
2023
$10K
GENERAL SUPPORT
2023
$8K
GENERAL SUPPORT
2023
$8K
PURCHASE OF EQUIPMENT.
2023
$7K
UNRESTRICTED
2023
$6K
GENERAL FUNDING
2023
$5K
TO SUPPORT HEALTH, HUMAN SERVICES AND WELFARE PROGRAMS.
2023
$5K
UNRESTRICTED GENERAL SUPPORT
2023
$5K
CHARITABLE CONTRIBUTION
2023
$5K
GENERAL SUPPORT
2023
$5K
SCHOLARSHIPS
2023
$5K
FOR CHARITABLE USE
2023
$5K
GENERAL SUPPORT
2023
$5K
GENERAL
2023
$5K
UNRESTRICTED
2023
$3K
GENERAL OPERATING SUPPORT
2023
$3K
SUPPORT FOR GENERAL USE
2023
$3K
MATCHING GIFTS
2023
$3K
GENERAL PURPOSES
2023
$3K
GENERAL PURPOSES
2023
$3K
GENERAL SUPPORT
2023
$3K
GENERAL CHARITABLE PURPOSES
2023
$3K
GENERAL SUPPORT
2023
$3K
FOR GENERAL OPERATING SUPPORT.
2023
$3K
General & Unrestricted
2023
$2K
GENERAL OPERATIONS
2023
$2K
GENERAL SUPPORT
2023
$2K
IN FURTHERANCE OF 501(C)(3) EXEMPT PURPOSE
2023
$2K
PROGRAM/OPERATING SUPPORT
2023
$2K
GENERAL SUPPORT
2023
$2K
UNRESTRCTED
2023
$1K
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2023
$1K
General & Unrestricted
2023
$1K
UNRESTRICTED
2023
$1K
Unrestricted
2023
$1K
TO FURTHER THE ORGANIZATIONS CHARITABLE OBJECTIVES
2023

Funded by

$27.9M from 278 funders · 675 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$3.0M · 8 grants · 2017–2023

National Philanthropic Trust

$2.8M · 6 grants · 2017–2023

Wachtell Lipton Rosen & Katz Foundation

$2M · 5 grants · 2019–2023

The Margaret And Daniel Loeb Foundation

$1.9M · 5 grants · 2020–2024

The Goldman Sachs Charitable Gift Fund

$1.2M · 10 grants · 2019–2023

Freedom Together Foundation

$1M · 5 grants · 2020–2024

American Online Giving Foundation Inc

$973K · 6 grants · 2019–2024

Gray Foundation

$950K · 5 grants · 2022–2024

Details

EIN132613383
NTEE codeB110
Subsection03
Ruling date1968-07
Formed1968
Employees225
Volunteers553
PREP FOR PREP — Mission, Financials & Grants Received | Grantivo