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Nellie MAE Education Foundation INC

Public charity
Other · QUINCY, MA · EIN 04-2755323

About

The mission of the foundation is to champion efforts that prioritize community goals that challenge inequities and advance excellent, student-centered public education for ALL new england youth. The foundation is organized and operated as a massachusetts not-for-profit corporation to support educational organizations.

Donations are tax-deductible
Category
Other
Employees
19
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$40.9M
Expenses
$30.0M
Assets
$543.0M
Liabilities
$10.5M

Financial history

$40.9M$20.5M$0
222324
RevenueExpenses
Latest FY2024: $40.9M

Foreign activity (Schedule F)

Total spent abroad$55.8M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$66K
Grants Given
$21.1M
NELLIE MAE EDUCATION FOUNDATION INC
Your actions

Address

1250 Hancock ST STE 701N
Quincy, MA, 02169-433

Governance

Voting board members15
Independent members15
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionYes
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.