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
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| Carnegie Corporation of New York | 2023-09 | For Project Support and Replication of the Freshman Year for Free Program Providing Wraparound Services and Supports To Under-Resourced High Schools To Improve College Enrollment and Completion | $175,000 |
| Carnegie Corporation of New York | 2023-09 | For Continued Support of the Enhanced Freshman Year for Free Program, Designed To Keep College-Bound High School Seniors on A College Track | $5,000 |
Personnel at Modern States Education Alliance
| Name | Title | Compensation | Date of data |
|---|
| Steve Klinsky | Founder and Chief Executive Officer | | 2024-11-18 |
| David Vise | Senior Advisor and Board Member | $0 | 2024-11-18 |
| Jefferson Pestronk | Executive Director | | 2024-11-18 |
| Whitney Macdonald | Senior Director , Operations | $95,000 | 2024-11-18 |
| Carol Addassi | Program Assistant | | 2024-11-18 |
| ...and 6 more key personnel |
Financials for Modern States Education Alliance
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $8,108,324 | $3,255,011 | 149.1% |
| 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 | $8,108,324 | $3,255,011 | 149.1% |
Organizations like Modern States Education Alliance
| Organization | Type | Location | Revenue |
|---|
| Norman Holland-Hull Instrument Library | 501(c)(3) | Philadelphia, PA | $2,218,088 |
| Dorrance Foundation for Education | 501(c)(3) | Scottsdale, AZ | $25,239,462 |
| The Zuckerman Institute | 501(c)(3) | New York, NY | $2,135,783 |
| The NH Foundation for Innovation | 501(c)(3) | Loudon, NH | $2,873,607 |
| I Believe Foundation | 501(c)(3) | Houston, TX | $2,905,191 |
| John H. and Cynthia Lee Smet Foundation | 501(c)(3) | Manhattan Beach, CA | $14,185,856 |
| Nora Tertzag Hampar Charitable Trust | 501(c)(3) | Beverly Hills, CA | $4,623,587 |
| The Bright Foundation | 501(c)(3) | Urbandale, IA | $2,210,641 |
| National Academy of Education (NAEd) | 501(c)(3) | Washington, DC | $14,544,857 |
| Research Corporation for Science Advancement (RCSA) | 501(c)(3) | Tucson, AZ | $7,402,998 |
Data update history
November 18, 2024
Updated personnel
Identified 2 new personnel
June 19, 2024
Updated personnel
Identified 1 new personnel
March 23, 2024
Updated personnel
Identified 2 new personnel
January 20, 2024
Posted financials
Added Form 990PF for fiscal year 2022
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedTax deductible donationsAccepts online donations
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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