EIN 13-3840394

The Posse Foundation

IRS 501(c) type
501(c)(3)
Num. employees
258
Year formed
1989
Most recent tax filings
2022-12-01
Description
The Posse Foundatio model works for both students and college campuses and is rooted in the belief that a small, diverse group of talented students, a Posse carefully selected and trained, can serve as a catalyst for individual and community development.
Total revenues
$30,624,137
2022
Total expenses
$25,978,887
2022
Total assets
$157,695,711
2022
Num. employees
258
2022

Program areas at The Posse Foundation

The recruitment and training programs include The following sub-programs: recruitment, pre-collegiate training, campus and career and alumni. For The recruitment program, from september through december each year, Posse conducts The dynamic assessment process (dap), a unique evaluation method designed to identify young leaders who might be missed by traditional admissions criteria, but who can excel at selective colleges and universities. For The pre-collegiate training program from january to august of their senior year in high school Posse scholars meet weekly with staff trainers and their Posse peers for two-hour workshops. The training program consists of workshops that address four areas: team building and group support, cross-cultural communication, leadership and becoming an active agent of change on campus, and academic excellence. For The campus program, Posse staff members visit each university four times a year for meetings with Posse scholars, campus liaisons and mentors. Each mentor meets weekly with The Posse as a team and with each scholar individually every two weeks during The first two years in college. In addition, Posse facilitates an annual weekend-long posseplus retreat attended by members of The larger student body, faculty and administration, with The goal of discussing important campus issues identified by Posse scholars. For The career program, Posse plays an integral role in The professional development of our scholars and alumni by providing them with The tools and opportunities necessary to secure highly competitive and career-enhancing internships and jobs. One of The ways Posse achieves this is by partnering with exceptional companies and organizations both nationally and abroad. Currently, Posse has more than 250 partner companies and organizations nationwide. The career program has three core components: The internship program, career development workshops, career coaching, graduate and fellowship programs and The alumni network.

Grants made by The Posse Foundation

GranteeGrant descriptionAmount
Case Western Reserve University (CWRU)Grants Are Intended To Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$175,000
Molloy UniversityGrants Are Intended To Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$100,000
Lehigh UniversityGrants Are Intended To Help Support the Posse Program on Each Campus Although They Are Not Specifically Restricted Within That and Require No Reporting$100,000
...and 8 more grants made

Who funds The Posse Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Non-Profit Management FoundationEndowment$2,000,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$900,826
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$900,826
...and 121 more grants received totalling $9,052,977

Personnel at The Posse Foundation

NameTitleCompensation
Jake Moreno CoplonChief Operating Officer$139,987
Francis OccenaChief Financial Officer and Chief Administrative Officer$220,758
Hedy RomaChief Development Officer$229,449
Rassan SalandyVice President for External Affairs$184,688
Lauren GibbsVice President of Business Development
...and 21 more key personnel

Financials for The Posse Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$27,989,200
Program services$4,635,307
Investment income and dividends$2,718,844
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-4,506,174
Net income from fundraising events$-213,040
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$30,624,137

Form 990s for The Posse Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-02990View PDF
2018-122020-06-08990View PDF
...and 8 more Form 990s

Organizations like The Posse Foundation

OrganizationLocationRevenue
ImentorNew York, NY$16,901,691
Junior Achievement NorthSt Paul, MN$16,117,931
Points of Light FoundationAtlanta, GA$29,278,517
Police Athletic LeagueNew York, NY$34,972,963
Junior Achievement USA (JA)Colorado Springs, CO$32,801,117
Youthbuild UsaRoxbury, MA$23,073,950
Youth GuidanceChicago, IL$46,321,146
California Scottish Rite FoundationAnaheim, CA$9,616,477
Junior Achievement of Southern NevadaLas Vegas, NV$8,370,890
Solomon R. Guggenheim Foundation (SRGF)New York, NY$75,933,810
Data update history
April 24, 2024
Updated personnel
Identified 7 new personnel
February 4, 2024
Received grants
Identified 42 new grant, including a grant for $2,000,000 from Fidelity Non-Profit Management Foundation
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 9, 2024
Updated personnel
Identified 8 new personnel
October 25, 2023
Received grants
Identified 12 new grant, including a grant for $217,500 from American Endowment Foundation
Nonprofit Types
Grantmaking organizationsYouth development programsCharities
Issues
EducationHuman servicesChildrenCommunity improvement
Characteristics
Fundraising eventsNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donations
General information
Address
14 Wall St 8a-60
New York, NY 10005
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
possefoundation.org/ 
Phone
(212) 405-1691
Facebook page
possefoundation 
Twitter profile
@possefoundation 
IRS details
EIN
13-3840394
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
O50: Youth Development Programs, Other
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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