Public Charity

SPENCER EDUCATIONAL FOUNDATION INC

Based in NEW YORK, NY, SPENCER EDUCATIONAL FOUNDATION INC operates as a Public Charity. The organization reported $4.3M in revenue, $4.7M in expenses, $9.9M in total assets for fiscal year 2025. Imperigo tracks 39 reported grant relationships connected to this organization totaling approximately $1.6M.

EIN: 581420617 NEW YORK, NY Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$4.3M
Total Expenses$4.7M
Total Assets$9.9M
Grant Records39
Funding Total$1.6M
Filing Years2021–2025

Mission

TO FACILITATE THE FUNDING OF TOMORROW'S RISK MANAGEMENT AND INSURANCE LEADERS THROUGH SCHOLARSHIPS, GRANTS, INTERNSHIP OPPORTUNITIES, ON AND OFF CAMPUS EXPERIENTIAL LEARNING, AND SUPPORT OF RISK MANAGEMENT CURRICULA.

Where $100 goes at Spencer Educational Foundation Inc

How Spencer Educational Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$80 Programs the work itself
$7 Management running the organization
$13 Fundraising raising the next dollar

Inside the $80 for programs

$35
Course development
44% of program spending · Reported in the filing: 17 grants
$23
General grants
29% of program spending · Reported in the filing: 90 grants
$17
Scholarships
21% of program spending · Reported in the filing: 105 scholarships

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR (RETIRED 9/5/25) Alban Laloum
DIRECTOR (JOINED 9/1/25) Amy Gross
DIRECTOR Andrea M Dudek
DIRECTOR (RETIRED 12/31/25) Ben Sloop
VICE PRESIDENT Bob Thomas
DIRECTOR (JOINED 5/1/25) Cristina Vigilante

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,040,883 21 grants
Education
$354,994 11 grants
Fundraising & Sponsorship
$148,191 3 grants
Unspecified
$55,500 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $4.3M $4.7M $9.9M
2024 $3.6M $3.1M $10.1M
2023 $2.5M $2.7M $9.5M
2022 $2.7M $2.3M $9.1M
2021 $2.4M $1.9M $9.6M

Between 2021 and 2025, reported annual revenue grew from $2.4M to $4.3M (+76%), with total assets most recently reported at $9.9M.

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

See the full picture for SPENCER EDUCATIONAL FOUNDATION INC

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