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The Posse Foundation INC

Public charity
DBA: % DEBORAH BIAL
Other · NEW YORK, NY · EIN 13-3840394

About

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.

In care of Deborah BIAL

Donations are tax-deductible
Category
Other
Employees
258
Volunteers
1,745

Financial Snapshot

FY ending 2022-12-31
Revenue
$30.6M
Expenses
$26.0M
Assets
$157.7M
Liabilities
$35.9M

Financial history

$30.6M$15.3M$0
16171819202122
RevenueExpenses
Latest FY2022: $30.6M · Avg: $24.8M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$2.1M
THE POSSE FOUNDATION INC
Your actions

Address

14 Wall ST STE 8A60
New YORK, NY, 10005-214

Governance

Voting board members47
Independent members46
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %22.6%
Permanent endowment %77.4%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
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