Program areas at Modern States Education Alliance
Modern States initial program, Freshman Year for Free, is intended to let students complete one year of college without expense, saving 25 percent of the total cost of tuition. The courses will prepare students for the major "Advanced Placement"* or "College Level Examination Program" (CLEP)* tests offered by the College Board. History, math, English, and economics are among the subjects being offered. Modern States is partnering with edx, the leading online learning platform founded by Harvard and MIT. A DONATION HAS BEEN MADE TO EDX TO DEVELOP high quality freshman courses with top universities and professors. Each course includes online lectures, quizzes, tests, and other features; all online textbooks and materials are being provided to students free of charge.*Advanced Placement, AP and CLEP are registered trademarks of the College Board, which was not involved in the production of, and does not endorse, these offerings.
See attachment
Who funds Modern States Education Alliance
Grants from foundations and other nonprofits
Personnel at Modern States Education Alliance
| Name | Title | Compensation | Date of data |
|---|
| Steve Klinsky | Chief Executive Officer | | 2024-03-22 |
| Steven B Klinsky | President and Chief Executive Officer / / Founder and Chief Executive Officer | $0 | 2023-11-09 |
| Stephanie Costner | Vice President | $49,387 | 2021-12-31 |
| David Vise | Executive Director | $0 | 2024-03-22 |
| Jefferson Pestronk | Was Appointed Executive Director of Modern States in June 2023. | | 2024-03-22 |
| ...and 4 more key personnel |
Financials for Modern States Education Alliance
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $3,255,011 | $2,759,755 | 17.9% |
| Investment income and dividends | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Gross sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $3,255,011 | $2,759,755 | 17.9% |
Organizations like Modern States Education Alliance
| Organization | Type | Location | Revenue |
|---|
| Modern Artlife Foundation | 501(c)(3) | Montvale, NJ | $2,892,261 |
| Blavatnik Archive Foundation | 501(c)(3) | New York, NY | $1,478,534 |
| George M Pullman Educational Foundation | 501(c)(3) | Chicago, IL | $2,281,953 |
| Foundation for Global Sports Development | 501(c)(3) | Los Angeles, CA | $3,201,071 |
| Syracuse Urban Partnership | 501(c)(3) | Skaneateles, NY | $3,364,757 |
| Stephen Phillips Memorial Scholarship Fund | 501(c)(3) | Boston, MA | $8,308,700 |
| Young Americans Center for Financial Education | 501(c)(3) | Denver, CO | $3,170,410 |
| Worthington Scholarship Foundation | 501(c)(3) | Naples, FL | $5,368,981 |
| The Bright Foundation | 501(c)(3) | Urbandale, IA | $1,626,635 |
| Pan-American Moa Foundation | 501(c)(3) | Los Angeles, CA | $928,698 |
Data update history
March 23, 2024
Updated personnel
Identified 2 new personnel
January 20, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 20, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
- Address
- 1633 Broadway 47th FL
- New York, NY 10019
- Metro area
- New York-Newark-Jersey City, NY-NJ-PA
- County
- New York County, NY
- Website URL
- modernstates.org/Â
- Phone
- (212) 720-0345
IRS details
- EIN
- 47-1018924
- Fiscal year end
- December
- Taxreturn type
- Form 990-PF
- Year formed
- 2014
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T20: Private Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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