Public nonprofit record
THE POSSE FOUNDATION INC
EIN 13-3840394 · Scholarships & Student Financial Aid (B82)
What they do
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 FOUNDATIONS PARTNER UNIVERSITIES AWARD POSSE SCHOLARS FOUR-YEAR, FULL-TUITION LEADERSHIP SCHOLARSHIPS.
Money
Tax year 2024Financial picture
Revenue$32,627,666
Expenses$32,006,552
Assets$189,237,580
Income$39,791,292
Contributions$19,553,600
Grants given$13,000,000
Average grant$105,691
Management$4,490,569
Stocks and bonds$109,396,725
Investing fees$293,915
About this charity
- Recognized since
- January 1996
- Location
- 14 WALL STREET 8A-60, NEW YORK, NY 10005
- County
- New York
- In care of
- DEBORAH BIAL
- Primary officer
- DEBORAH BIAL, PRESIDENT
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- January 1, 2024
- Return type
- 990
- Tax preparer
- CBIZ ADVISORS LLC
- NTEE classification
- Scholarships & Student Financial Aid (B82)
- IRS tax category
- Scholarships & Student Financial Aid
- Grant-giving organization
- Yes
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 1000
- Deductibility
- 1
- Foundation
- 15
- Activity
- 994040059
- Organization
- 1
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