WORKING IN SUPPORT OF EDUCATION

As filed

Subsection

03

NTEE code

B82

Classification

1000

Street

227 EAST 56TH STREET

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• FINANCIAL LITERACY PROGRAMTHE FINANCIAL LITERACY CERTIFICATION PROGRAM PREPARES HIGH SCHOOL STUDENTS TO GRADUATE AS FINANCIALLY CAPABLE YOUNG ADULTS. SCHOOLS TEACH PERSONAL FINANCE AND ADMINISTER OUR NATIONAL, STANDARDIZED CERTIFICATION TEST, SUPPORTED BY W!SE'S PROFESSIONAL DEVELOPMENT, STANDARDS-ALIGNED RESOURCES, ONLINE PRACTICE QUIZZES, AND OPTIONAL PRETESTING. STUDENTS WHO PASS EARN THE W!SE CERTIFIED FINANCIALLY LITERATE (CFL) CREDENTIAL, RECOGNIZED BY COLLEGES AND EMPLOYERS. SCHOOLS AND TEACHERS ARE ALSO ACKNOWLEDGED FOR STUDENT ACHIEVEMENT, INCLUDING THROUGH THE ANNUAL "W!SE 100 BEST HIGH SCHOOLS TEACHING PERSONAL FINANCE" RANKING.

  Expenses $1,125,226 · Grants $1,876 · Revenue $995,357

• EURO CHALLENGE PROGRAMTHE EURO CHALLENGE IS A NATIONAL COMPETITION THAT INVITES HIGH SCHOOL STUDENTS TO LEARN ABOUT THE EURO AREA ECONOMY AND APPLY THEIR KNOWLEDGE TO REAL-WORLD ISSUES. STUDENTS WORK IN TEAMS TO RESEARCH A EURO-AREA COUNTRY, ANALYZE AN ECONOMIC CHALLENGE IT FACES, AND PRESENT POLICY RECOMMENDATIONS TO A PANEL OF JUDGES. THE PROGRAM BUILDS ECONOMIC LITERACY, PUBLIC SPEAKING SKILLS, TEAMWORK, AND GLOBAL AWARENESS WHILE GIVING STUDENTS A HANDS-ON OPPORTUNITY TO THINK LIKE POLICYMAKERS.

  Expenses $325,678 · Grants $2,174 · Revenue $387,765

• W!SE INSTITUTETHE W!SE INSTITUTE IS A COLLEGE AND CAREER READINESS PROGRAM EMBEDDED INTO THE REGULAR SCHOOL DAY AT NYC SCHOOLS. THROUGHOUT THE SCHOOL YEAR, STUDENTS PARTICIPATE IN A SERIES OF SEMINARS AND INTERNSHIP OPPORTUNITIES LED BY VOLUNTEERS FROM INDUSTRY AND EDUCATIONAL ORGANIZATIONS. THESE VOLUNTEERS BRING PROFESSIONAL EXPERTISE AND REAL-WORLD EXPERIENCE DIRECTLY INTO THE CLASSROOM.THE PROGRAM SERVES STUDENTS IN GRADES 8-12, OFFERING SEMINARS ACROSS A WIDE RANGE OF SUBJECTS, INCLUDING SUSTAINABILITY AND STEM, ECONOMICS AND FINANCE, BUSINESS, COMMUNICATION AND LAW, CAREER AND ACADEMIC SKILLS, AND ESSENTIAL LIFE SKILLS. THROUGH THESE ENGAGING, PRACTICAL SESSIONS, STUDENTS GAIN CURRENT, RELEVANT KNOWLEDGE THAT SUPPORTS THEIR ACADEMIC SUCCESS AND PREPARES THEM FOR FUTURE COLLEGE AND CAREER PATHWAYS.

  Expenses $266,714 · Grants $5,095 · Revenue $25,104

• DOMESTIC VIOLENCE PROGRAM - MONEYW!SECREATED IN 2009 AND CURRENTLY OFFERED IN 22 U.S. CITIES WITH 30 PARTNER SITES, MONEYW!SE IS A 10-12 SESSION COMPREHENSIVE PERSONAL FINANCE COURSE FOR DOMESTIC VIOLENCE SURVIVORS AND OTHER UNDERSERVED WOMEN'S GROUPS. MONEYW!SE HELPS ITS PARTICIPANTS DEVELOP THE FINANCIAL KNOWLEDGE, SKILLS AND CONFIDENCE TO BREAK FREE OF ABUSIVE RELATIONSHIPS AND FIND A PATHWAY TO FINANCIAL INDEPENDENCE. PARTICIPANTS TAKE A PRE-TEST TO BENCHMARK KNOWLEDGE PRIOR TO INSTRUCTION. ON THE LAST DAY, THEY TAKE W!SE'S FINANCIAL LITERACY CERTIFICATION TEST; THOSE PASSING BECOME "CERTIFIED FINANCIALLY LITERATE", A CREDENTIAL THAT CAN HELP THEM IN THEIR SEARCH FOR WORK. MONEYW!SE IS PROVIDED FREE OF CHARGE TO PARTNER CENTERS (E.G., YWCAS, FAMILY JUSTICE CENTERS, AND NON-PROFITS) AND THEIR CLIENTS. MONEYW!SE INSTRUCTORS OFFER THEIR SERVICES ON A VOLUNTEER BASIS. THEY COMPRISE SENIOR FINANCE EXPERTS FROM LEADING FINANCIAL INSTITUTIONS IN NYC AND ACROSS THE COUNTRY; MANY ARE CERTIFIED FINANCIAL PLANNERS (CFPS) RECRUITED BY FINANCIAL PLANNING ASSOCIATIONS IN CITIES WHERE MONEYW!SE IS OFFERED. EACH SESSION IS 90 MINUTES WITH THE INSTRUCTOR DEDICATING AT LEAST 3 HOURS/CLASS TO PREPARE FOR AND DELIVER THE SESSION. TO ENCOURAGE ATTENDANCE, A LIGHT MEAL, PUBLIC TRANSPORTATION CARDS/OTHER TRANSPORTATION COST SUPPORT, CHILDCARE, AND PARTICIPATION INCENTIVES (TYPICALLY GIFT CARDS) CAN BE OFFERED, THANKS TO EXTERNAL GRANT FINANCING. 90% OF PARTICIPANTS ARE LOWER, MIDDLE INCOME (LMI). AN AVERAGE OF 83% OF PARTICIPANTS EARN THE FINANCIAL LITERACY CERTIFICATION. QUALITY OF LIFETHE QUALITY OF LIFE INNOVATIONS (QLI) PROGRAM IS A PROJECT-BASED LEARNING EXPERIENCE THAT EMPOWERS STUDENTS TO RESEARCH A COMMUNITY ISSUE, DEVELOP AN EVIDENCE-BASED RECOMMENDATION, AND IMPLEMENT A REAL SOLUTION. THE PROGRAM BUILDS CIVIC READINESS, PROFESSIONAL SKILLS, AND ACADEMIC CONFIDENCE WHILE CONNECTING STUDENTS WITH MENTORS WHO SUPPORT THEIR GROWTH. IN APRIL, STUDENTS WILL SUBMIT THEIR WORK (A 10 TO 17-PAGE RESEARCH PROPOSAL) TO THE QLI COMPETITION WHERE THE WINNERS EARN COLLEGE SCHOLARSHIPS.

  Expenses $272,602 · Grants $1,230 · Revenue $9,500

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $3,001,119

  Expenses

  $2,877,142

  Contributions

  $1,456,400

  Grants paid

  $10,375

• 2023

  Revenue

  $2,782,586

  Expenses

  $2,583,704

  Contributions

  $1,063,132

  Grants paid

  $6,500

• 2022

  Revenue

  $2,775,292

  Expenses

  $2,601,423

  Contributions

  $1,187,671

  Grants paid

  $63,025

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $2,434,512

  Expenses

  $2,361,627

  Assets (EOY)

  $2,619,454

• 2020 · 990

  Revenue

  $2,007,911

  Expenses

  $2,103,926

  Assets (EOY)

  $3,131,982

• 2019 · 990

  Revenue

  $1,869,742

  Expenses

  $2,100,542

  Assets (EOY)

  $2,071,262

• 2018 · 990

  Revenue

  $2,630,699

  Expenses

  $2,533,040

  Assets (EOY)

  $1,957,132

• 2017 · 990

  Revenue

  $2,444,233

  Expenses

  $2,384,827

  Assets (EOY)

  $1,774,248

• 2016 · 990

  Revenue

  $2,307,996

  Expenses

  $2,196,077

  Assets (EOY)

  $1,483,580

• 2016 · 990

  Revenue

  $2,307,996

  Expenses

  $2,196,076

  Assets (EOY)

  $1,483,580

• 2015 · 990

  Revenue

  $2,354,936

  Expenses

  $2,385,077

  Assets (EOY)

  $1,301,696

• 2014 · 990

  Revenue

  $2,553,947

  Expenses

  $2,367,206

  Assets (EOY)

  $1,449,322

• 2013 · 990

  Revenue

  $2,208,439

  Expenses

  $2,151,546

  Assets (EOY)

  $1,084,395

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• CALVIN K KAZANJIAN ECONOMICS FOUNDATION INC

  $25,000

  2022 · TO PROVIDE EDUCATIONAL ASSISTANCE

Where these grants went next →

Grants received

• GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC

  $263,000

  2024 · EDUCATION

• THE BLACKBAUD GIVING FUND

  $65,500

  2025 · GENERAL SUPPORT

• AMERICAN ONLINE GIVING FOUNDATION INC

  $64,307

  2024 · GENERAL SUPPORT

• AMERICAN ONLINE GIVING FOUNDATION INC

  $50,792

  2023 · GENERAL SUPPORT

• AMERICAN ONLINE GIVING FOUNDATION INC

  $50,214

  2022 · GENERAL SUPPORT

• KASINA YOUTH FOUNDATION FOR FINANCIAL LITERACY INC

  $30,613

  2022

• SILICON VALLEY COMMUNITY FOUNDATION

  $30,000

  2023 · Education

• PWC FOUNDATION INC

  $25,000

  2023 · EDUCATION

• PWC FOUNDATION INC

  $25,000

  2022 · EDUCATION

• FOUNDATION FOR FINANCIAL PLANNING INC

  $22,000

  2022 · OUTREACH

The 10 largest by cash amount. The API serves every itemized grant.

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