Project Management Institute Educational Foundation
- Assets
- $4.8m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Newtown Square, PA
- Founding
- 04/1991
- Data as of
- 12/2021
- EIN
- 23-2630701
Organization Overview
Project Management Institute Educational Foundation, operating under the name Same As Above, is located in Newtown Square, PA. The organization was established in 1991. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Same As Above is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Same As Above generated $4.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $3.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Same As Above has awarded 41 individual grants totaling $8,319,682. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LEVERAGING PROJECT MANAGEMENT FOR SOCIAL GOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PM READY WORKFORCE AND GENERAL PROGRAMMING: THE FOUNDATION DELIVERS GENERAL PROGRAMMING TO INCLUDE DOZENS OF SCHOLARSHIPS, PROFESSIONAL AND STUDENT AWARDS, NETWORKING GROUPS, ENGAGEMENT OF LOCAL COMMUNITIES THROUGH PMI CHAPTERS, VOLUNTEER OPPORTUNITIES AND NEW EDUCATIONAL RESOURCES. THESE PROGRAMMING ACTIVITIES EXPAND EDUCATIONAL OPPORTUNITIES FOR FUTURE PROJECT MANAGERS THROUGH ACADEMIC AND WORK-BASED LEADERSHIP OPPORTUNITIES.
PM KNOWLEDGEABLE YOUTH AND YOUTH-SERVING NONPROFITS: THE FOUNDATION CULTIVATES LONG-TERM RELATIONSHIPS WITH NONPROFITS ACROSS THE GLOBE TO HELP THEM INTEGRATE PROJECT MANAGEMENT INTO THEIR YOUTH PROGRAMS AND TO BUILD THEIR OWN PROJECT MANAGEMENT CAPABILITY. THIS FOCUS ON YOUTH SERVING NON-PROFITS PROVIDES GREATER VALUE AND IMPACT TO YOUTH, AGED 5-19, AND THE NONPROFIT ORGANIZATIONS THAT SERVE THEM, WHILE ALSO LEVERAGING THE YOUTH-FOCUSED WORK THE FOUNDATION HAS ACCOMPLISHED OVER THE PAST SEVEN YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Deprisco CEO Of Pmi (jan-July) | Officer | 5 | $0 |
Sunil Prashara Former President & CEO | 0 | $0 | |
Pierre Le Manh CEO Of Pmi (aug-Dec) | Officer | 5 | $0 |
Olivier Lazar COO | Officer | 10 | $0 |
Ashley Forsyth Pmief Executive Manager | Officer | 0 | $0 |
Ramam Atmakuri Dir,sec(jan-Jul)chair(jul-Dec) | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Claudia Baca Proj Mgmt Consulting Prog Serv Consulting | 12/30/20 | $160,427 |
Durable Digital Inc It Services | 12/30/20 | $309,075 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,940,784 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $299,079 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,239,863 |
| Total Program Service Revenue | $0 |
| Investment income | $272,794 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $303,045 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$12,941 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,802,761 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,062,070 |
| Grants and other assistance to domestic individuals. | $12,341 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,218,980 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $855,456 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,727 |
| Fees for services: Other | $152,037 |
| Advertising and promotion | $883 |
| Office expenses | $11,273 |
| Information technology | $22,615 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $111,462 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,481,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,394,554 |
| Savings and temporary cash investments | $11,651 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,296,955 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $52,895 |
| Other assets | $0 |
| Total assets | $4,756,055 |
| Accounts payable and accrued expenses | $56,890 |
| Grants payable | $1,760,811 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,817,701 |
| Net assets without donor restrictions | -$1,178,397 |
| Net assets with donor restrictions | $4,116,751 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,756,055 |
Grants Awarded
Over the last fiscal year, Project Management Institute Educational Foundation has awarded $2,463,446 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN INTERNATIONAL PURPOSE: EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | $342,717 |
DESTINATION IMAGINATION INC PURPOSE: EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | $500,000 |
NATIONAL ENGINEERS WEEK FOUNDATION DBA DISCOVERE PURPOSE: EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | $185,811 |
JUNIOR ACHIEVEMENT WORLDWIDE PURPOSE: EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | $866,278 |
FUTURE PROBLEM SOLVING PURPOSE: EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | $69,500 |
SPECIAL OLYMPICS INTERNATIONAL PURPOSE: EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | $499,140 |