Public Charity

THE POSSE FOUNDATION INC

THE POSSE FOUNDATION INC is a Public Charity headquartered in NEW YORK, NY. Financial data from the 2024 filing: $32.6M revenue, $32.0M expenses, $189.2M total assets. 318 publicly reported grants to this organization, totaling roughly $55.7M, appear in IRS filings.

EIN: 133840394 NEW YORK, NY Latest filing: 2024
Total Revenue$32.6M
Total Expenses$32.0M
Total Assets$189.2M
Grant Records318
Funding Total$55.7M
Filing Years2019–2024

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.

Officers & Directors

TRUSTEE Adam Townsend
TRUSTEE Aj Murphy
TRUSTEE Alan Berro
TRUSTEE Alastair Borthwick
TRUSTEE Alberto M Carvalho
ASSOCIATE VP, DEVELOPMENT Andrew Gallagher

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$21,133,954 48 grants
ENDOWMENT
$8,550,000 4 grants
For grant recipient's exempt purposes
$7,328,107 9 grants
PUBLIC, SOCIETAL BENEFIT
$2,711,750 1 grant
GENERAL SUPPORT
$2,258,642 30 grants

Financial Trends

Year Revenue Expenses Assets
2024 $32.6M $32.0M $189.2M
2023 $44.8M $29.5M $183.0M
2022 $30.6M $26.0M $157.7M
2020 $44.7M $21.1M $120.7M
2019 $23.0M $24.4M $89.9M

Between 2019 and 2024, reported annual revenue grew from $23.0M to $32.6M (+42%), with total assets most recently reported at $189.2M.

Interactive year-over-year charts and full filing details available with membership.

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