NonprofitsThe Posse Foundation Inc

Education

The Posse Foundation Inc

NEW YORK, NY

Total revenue

$32.6M

Total expenses

$32.0M

Net assets

$156.4M

Grants received

$64.5M

968 grants

EIN

133840394

Tax year

2024

Mission

Posse started because of one student who said, "i never would have dropped out of college if i had my posse with me." the posse foundation, founded in 1989, identifies public high school students with extraordinary academic and leadership potential who may be overlooked by traditional college selection processes. The foundation extends to these students the opportunity to pursue personal and academic excellence by placing them in supportive, multicultural teams ("posses") of 10 students. The foundation's partner universities award posse scholars four-year, full-tuition leadership scholarships.

Financials

FY 2024

Revenue

Contributions & grants$19.6M
Program service revenue$3.9M
Investment income$9.3M
Other revenue
Total revenue$32.6M

Expenses

Grants paid$2.9M
Salaries & benefits$18.1M
Fundraising$3.2M
Other expenses$11.0M
Total expenses$32.0M
Total assets$189.2M
Net assets$156.4M

People

50 listed

NameRoleCompensation

DEBORAH BIAL

PRESIDENT

Board

$959K

40 hrs/wk

FRANCIS OCCENA

CFO/CAO

Board

$264K

40 hrs/wk

JAKE MORENO COPLON

CHIEF OPERATING OFFICER

Board

$251K

40 hrs/wk

STACEY PIERCE

CHIEF OPERATING OFFICER (OUTGOING)

Board

$45K

40 hrs/wk

BRAD SINGER

TRUSTEE

Board

4 hrs/wk

BRIANA ZELAYA

TRUSTEE

Board

2 hrs/wk

CHARLES PHILLIPS

TRUSTEE

Board

2 hrs/wk

DANIEL ACHEAMPONG

TRUSTEE

Board

2 hrs/wk

DANIEL WEISS

TRUSTEE

Board

2 hrs/wk

DAVID HARRISON

TRUSTEE

Board

2 hrs/wk

DAVID KOROL

TRUSTEE

Board

4 hrs/wk

DONELLA P BROCKINGTON

TRUSTEE

Board

4 hrs/wk

ELIZABETH P MYERS

TRUSTEE

Board

2 hrs/wk

ERIN MCCANDLESS

TRUSTEE

Board

4 hrs/wk

GLENN GREENBERG

TRUSTEE

Board

2 hrs/wk

HENRY ELLENBOGEN

CHAIR

Board

6 hrs/wk

HOWARD KRASS

TRUSTEE

Board

4 hrs/wk

JASON JACOBS

TRUSTEE

Board

4 hrs/wk

JEFFREY RAICH

TRUSTEE

Board

2 hrs/wk

JENNIFER KOPYLOV

TRUSTEE

Board

2 hrs/wk

JENNIFER RICKARD

TRUSTEE

Board

2 hrs/wk

JONATHAN MEYER

TRUSTEE (OUTGOING)

Board

4 hrs/wk

JOSHUA PAULSON

TRUSTEE

Board

2 hrs/wk

JUAN RAJLIN

TREASURER

Board

4 hrs/wk

JULIE PARSONS

TRUSTEE

Board

4 hrs/wk

KIM-THU POSNETT

TRUSTEE

Board

2 hrs/wk

KOBY ALTMAN

TRUSTEE

Board

2 hrs/wk

KURT SIMON

TRUSTEE

Board

2 hrs/wk

LEAH STEARNS

TRUSTEE

Board

2 hrs/wk

MARVIN FIGUEROA

TRUSTEE

Board

2 hrs/wk

MICHAEL FREEDLAND

TRUSTEE

Board

4 hrs/wk

AJ MURPHY

TRUSTEE

Board

2 hrs/wk

MICHAEL PASSILLA

TRUSTEE (OUTGOING)

Board

4 hrs/wk

MITCH TRUWIT

TRUSTEE (OUTGOING)

Board

2 hrs/wk

NANA SARPONG

TRUSTEE

Board

4 hrs/wk

PETER E BLACKER

TRUSTEE (OUTGOING)

Board

4 hrs/wk

PHILIP M PEAD

SECRETARY

Board

4 hrs/wk

PHILLIP PERELMUTER

TRUSTEE

Board

2 hrs/wk

RICK RIZZO

TRUSTEE

Board

4 hrs/wk

STEVEN GALLUCCI

TRUSTEE

Board

4 hrs/wk

STEVEN M LEFKOWITZ

TRUSTEE

Board

2 hrs/wk

SUSAN GOLDSMITH

TRUSTEE

Board

4 hrs/wk

SUSIE SCHER

TRUSTEE

Board

2 hrs/wk

WALTER PRESCOTT PORTER II

TRUSTEE

Board

2 hrs/wk

HEDWIG ROMA

CHIEF DEVELOPMENT OFFICER

Staff

$266K

40 hrs/wk

RASSAN SALANDY

VP EXTERNAL AFFAIRS

Staff

$198K

40 hrs/wk

ANDREW GALLAGHER

ASSOCIATE VP, DEVELOPMENT

Staff

$171K

40 hrs/wk

AUGUSTA IRELE

VP, TRAINING, LEARNING

Staff

$160K

40 hrs/wk

LAUREN GIBBS

VP, BUSINESS DEVELOPMENT

Staff

$157K

40 hrs/wk

NADINE DALRYMPLE

REGIONAL VICE PRESIDENT (OUTGOING)

Staff

$134K

40 hrs/wk

Grants received

Showing 200 of 968

FromAmountPurposeYear
$1M
TO SUPPORT AN EXPANSION TO PUERTO RICO
2024
$162K
EDUCATIONAL
2024
$150K
SUPPORT CHARITABLE ACTIVITIES
2024
$110K
FOR GENERAL SUPPORT.
2024
$100K
GENERAL FUND
2024
$100K
TO FURTHER THE MISSION OF THE DONEE
2024
$75K
UNRESTRICTED GENERAL SUPPORT
2024
$75K
University Education
2024
$75K
Posse Houston: College Success and Leadership Development Program
2024
$75K
University Education
2024
$71K
GENERAL SUPPORT
2024
$70K
DESIGNATED GIFTS
2024
$60K
GENERAL SUPPORT FOR POSSE CHICAGO
2024
$55K
UNRESTRICTED CHARITABLE GRANT
2024
$55K
GENERAL OPERATING SUPPORT - CHICAGO
2024
$53K
OPERATIONS
2024
$50K
OPERATING SUPPORT
2024
$50K
ECONOMIC MOBILITY
2024
$50K
OPERATIONAL SUPPORT FOR HOUSTON AREA STUDENTS
2024
$50K
TO SUPPORT PROGRAM SITE SERVING HOUSTON AREA
2024
$50K
FOR GENERAL SUPPORT OF COLLEGE ACCESS AND ENRICHMENT PROGRAMS IN LOS ANGELES COUNTY
2024
$50K
General & Unrestricted
2024
$50K
GENERAL CHARITABLE PURPOSE
2024
$40K
UNRESTRICTED GENERAL SUPPORT
2024
$30K
GENERAL OPERATING SUPPORT
2024
$30K
CIVIC & SOCIAL
2024
$30K
CHARITABLE CONTRIBUTION - UNRESTRICED TO SUPPORT NON-PROFITS MISSION.
2024
$30K
College Success and Leadership Development Program
2024
$30K
FOR PROGRAM SUPPORT.
2024
$30K
Education
2024
$28K
Mission Support
2024
$25K
general operating support
2024
$25K
SUPPORT THE POSSE HOUSTON PROGRAM SITE
2024
$25K
TO SUPPORT GENERAL OPERATIONS OF POSSE CHICAGO
2024
$25K
Unrestricted
2024
$25K
COMMUNITY ENRICHMENT
2024
$25K
GENERAL USE
2024
$20K
GENERAL OPERATING SUPPORT
2024
$20K
TO FUND THE MISSION AND PURPOSE OF THE POSSE FOUNDATION.
2024
$15K
GENERAL PURPOSE
2024
$15K
EDUCATION
2024
$12K
General Support
2024
$12K
GENERAL SUPPORT
2024
$11K
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$10K
GENERAL SUPPORT
2024
$10K
Future leaders program
2024
$10K
GENERAL OPERATIONAL SUPPORT
2024
$10K
UNRESTRICTED CHARITABLE GRANT
2024
$10K
General & Unrestricted
2024
$10K
GENERAL OPERATING
2024
$10K
General operating support
2024
$10K
GENERAL OPERATING
2024
$10K
STUDENT SERVICES
2024
$10K
POSSE D.C.: COLLEGE SUCCESS AND LEADERSHIP DEVELOP
2024
$10K
FOR PROGRAM SUPPORT.
2024
$8K
GENERAL USE
2024
$7K
GENERAL SUPPORT
2024
$5K
PROGRAM SUPPORT
2024
$5K
Posse Foundation - Houston
2024
$5K
Education-To aid in achieving the exempt purpose of the various donee organizations.
2024
$5K
GENERAL FUND GRANT
2024
$5K
TO PROVIDE GENERAL OPERATING SUPPORT.
2024
$4K
GENERAL PURPOSES
2024
$3K
PROVIDES COLLEGE SCHOLARSHIPS AND CAREER SUPPORT FOR SELECT HIGH SCHOOLERS
2024
$2K
GENERAL OPERATING SUPPORT
2024
$1K
MATCHING GIFTS
2024
$1K
TO FURTHER DONEE'S EXEMPT PURPOSE
2024
$1K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$500
JEFF UBEN POSSE FELLOWS /
2024
$500
Charitable
2024
$250
ASSIST 501(C)(3) ORGANIZATION
2024
$200
CROSBY MATCHING GIFTS TO EDUCATION
2024
$175
MATCHING GIFTS
2024
$2.7M
PUBLIC, SOCIETAL BENEFIT
2023
$1.3M
For grant recipient's exempt purposes
2023
$507K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$210K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2023
$210K
PROGRAM SUPPORT
2023
$200K
Support of program to recruit metro Atlanta high school students to attend selective colleges on full scholarships.
2023
$180K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2023
$150K
CAPACITY BUILDING THROUGH CONSULTING
2023
$149K
EDUCATIONAL
2023
$125K
FOR GENERAL SUPPORT.
2023
$100K
GENERAL FUND
2023
$100K
OPERATING SUPPORT
2023
$100K
REGIONAL GIVING
2023
$100K
SUPPORT OF HIGH SCHOOL STUDENTS WITH ACADEMIC & LEADERSHIP POTENTIAL
2023
$100K
GENERAL SUPPORT
2023
$100K
GENERAL OPERATING
2023
$100K
YOUTH DEVELOPMENT AND EDUCATION
2023
$100K
GENERAL SUPPORT
2023
$85K
UNRESTRICTED GENERAL SUPPORT
2023
$75K
Operating Support
2023
$75K
POSSE NEW ORLEANS: COLLEGE SUCCESS AND LEADERSHIP PROGRAM
2023
$75K
EDUCATION
2023
$73K
CELEBRATION GRANT
2023
$70K
POSSE BOSTON: COLLEGE SUCCESS AND LEADERSHIP DEVELOPMENT PROGRAM
2023
$70K
POSSE BOSTON: COLLEGE SUCCESS AND LEADERSHIP DEVELOPMENT PROGRAM
2023
$65K
GENERAL PURPOSES
2023
$61K
Charity Donations
2023
$55K
GENERAL OPERATING SUPPORT - CHICAGO
2023
$50K
SCHOLARSHIPS & FINANCIAL AID
2023
$50K
OPERATIONAL SUPPORT FOR HOUSTON AREA STUDENTS
2023
$50K
CHARITABLE GIFT
2023
$50K
POSSE LOS ANGELES
2023
$50K
TO PROVIDE SUPPORT TO EXEMPT ORGANIZATION
2023
$50K
FIGHT POVERTY / EDUCATION
2023
$50K
PROGRAM/OPERATING SUPPORT
2023
$50K
General & Unrestricted
2023
$50K
GENERAL OPERATING EXPENSES
2023
$50K
OPERATING SUPPORT
2023
$50K
OPERATIONS
2023
$36K
Mission Support
2023
$30K
FOR PROGRAM SUPPORT.
2023
$30K
GENERAL SUPPORT FOR POSSE CHICAGO
2023
$30K
CIVIC & SOCIAL
2023
$30K
CHARITABLE CONTRIBUTION - UNRESTRICED TO SUPPORT NON-PROFITS MISSION.
2023
$30K
Youth Leadership Development and College Success Program for scholars in Broward and Palm Beach counties
2023
$30K
GENERAL MISSION
2023
$30K
TO INDENTIFY, RECRUIT AND TRAIN STUDENTS IN THE LAUSD TO RECEIVE SCHOLARSHIPS.
2023
$25K
general fundraising
2023
$25K
GENERAL USE
2023
$25K
FUNDS TO SUPPORT THE POSSE HOUSTON PROGRAM SITE
2023
$25K
UNRESTRICTED
2023
$25K
TO FURTHER DONEE'S EXEMPT PURPOSE
2023
$25K
General & Unrestricted
2023
$25K
TO SUPPORT GENERAL OPERATIONS OF POSSE CHICAGO
2023
$25K
PROGRAM/OPERATING SUPPORT
2023
$25K
GENERAL FUND
2023
$25K
EDUCATIONAL
2023
$25K
UNRESTRICTED GRANT RELATED TO SCHOLARSHIPS
2023
$25K
TO FURTHER DONOR'S PURPOSE
2023
$25K
general operating support
2023
$25K
OPERATING & PROGRAM SUPPORT
2023
$25K
DONOR-ADVISED FUND
2023
$25K
Operating Support/Annual Fund
2023
$25K
OPERATIONS
2023
$25K
General support for programs, operations and other charitable purposes
2023
$22K
COMMUNITY & HUMAN SERVICES
2023
$21K
SUPPORT
2023
$20K
GENERAL OPERATIONS
2023
$20K
PROGRAM/OPERATING SUPPORT
2023
$20K
to Support Charitable Purpose
2023
$20K
TO FUND THE MISSION AND PURPOSE OF THE POSSE FOUNDATION.
2023
$20K
EDUCATION
2023
$17K
PROVIDE GENERAL OPERATING SUPPORT
2023
$15K
2024 GO SUPPLEMENTAL WELLNESS & RESPITE GRANT
2023
$15K
Unrestricted
2023
$15K
GENERAL DONATION
2023
$15K
PROGRAM/OPERATING SUPPORT
2023
$15K
POSSE CHICAGO PROGRAM SUPPORT
2023
$15K
UNRESTRICTED GENERAL SUPPORT
2023
$15K
UNRESTRICTED GENERAL SUPPORT
2023
$15K
GENERAL PURPOSE
2023
$15K
CHARITABLE DONATION
2023
$13K
GENERAL SUPPORT
2023
$12K
General Support
2023
$11K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$11K
PROGRAM SUPPORT
2023
$10K
GENERAL OPERATIONAL SUPPORT
2023

Funded by

$64.5M from 284 funders · 968 grants · 2017–2024

National Philanthropic Trust

$18.7M · 6 grants · 2017–2023

Fidelity Non-Profit Management

$8.6M · 4 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$6.2M · 8 grants · 2017–2023

Glenn Greenberg And Linda Vester

$1.8M · 4 grants · 2020–2023

Vanguard Charitable Endowment Program

$1.7M · 4 grants · 2020–2023

The Goldman Sachs Charitable Gift Fund

$1.6M · 16 grants · 2019–2023

The Bank of America Charitable Foundation Inc

$1.6M · 68 grants · 2018–2023

American Online Giving Foundation Inc

$1.2M · 6 grants · 2019–2024

Details

EIN133840394
NTEE codeB82
Subsection03
Ruling date1996-07
Formed1989
Employees263
Volunteers1745
THE POSSE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo