THE POSSE FOUNDATION INC

NEW YORK, NY, 10005-2144 (212) 405-1691 Est. 1989 EIN 13-3840394
B82— Education Form 990 501(c)(3)
WWW.POSSEFOUNDATION.ORG

Mission

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.

Grants Awarded · 74 grants

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Financials

Total Revenue
$32,627,666
Total Expenses
$32,006,552
Net Assets
$156,352,237
263 employees 1,745 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
4.9 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 27.2%
Expenses ↑ 8.4%
Revenue Sources
Contributions 59.9% Earned revenue 12.0% Investment 28.7%
Expense Breakdown
Program 76.0% Management 14.0% Fundraising 9.9%

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EIN: 13-3840394 · Source: IRS Form 990 e-file data