Public Charity

PARTNERSHIP FOR EDUCATION ADVANCEMENT INC

PARTNERSHIP FOR EDUCATION ADVANCEMENT INC is a Public Charity headquartered in NEW YORK, NY. Financial data from the 2025 filing: $13.2M revenue, $19.8M expenses, $25.9M total assets. 22 publicly reported grants to this organization, totaling roughly $106.9M, appear in IRS filings.

EIN: 831400442 NEW YORK, NY Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$13.2M
Total Expenses$19.8M
Total Assets$25.9M
Grant Records22
Funding Total$106.9M
Filing Years2020–2025

Mission

OUR MISSION IS TO SUPPORT SOCIAL MOBILITY BY STRENGTHENING MISSION-FOCUSED COLLEGES AND UNIVERSITIES THAT PRIMARLY SERVE LOW INCOME, FIRST GENERATION, AND UNDER-RESOURCED STUDENTS AND FAMILIES.

Where $100 goes at Partnership for Education Advancement Inc

How Partnership for Education Advancement Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$94 Programs the work itself
$4 Management running the organization
$2 Fundraising raising the next dollar

Inside the $94 for programs

$86
Hbcu transformation deep support for schools within the hbcu network to improve enrollment,retention, and graduation rates
92% of program spending
$8
Capacity building and supportcapacity building and support to mission-aligned universities
8% of program spending
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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

CHIEF OF STAFF Anne Elizabeth Reznik
VP, PARTNER DEVELOPMENT Anne Marie Monroe
TRUSTEE Arne Duncan
VP, PARTNERSHIPS AND ENGAGEMENT Charrita Quimby
TRUSTEE Dr Beryl Mcewen
TRUSTEE Garrett Moran

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$85,967,629 15 grants
Health & Medicine
$15,000,000 1 grant
Education
$5,742,859 4 grants
Training & Professional Development
$212,055 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $13.2M $19.8M $25.9M
2024 $22.0M $24.2M $29.5M
2023 $11.5M $20.2M $32.3M
2022 $23.8M $20.6M $44.6M
2020 $15.2M $7.5M $8.5M

Between 2020 and 2025, reported annual revenue declined from $15.2M to $13.2M (-13%), with total assets most recently reported at $25.9M.

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

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