Prager University Foundation

Organization Overview

Prager University Foundation is located in Sherman Oaks, CA. The organization was established in 2010. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2022, Prager University Foundation employed 137 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prager University Foundation 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 12/2022, Prager University Foundation generated $65.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 43.7% each year . All expenses for the organization totaled $45.5m during the year ending 12/2022. While expenses have increased by 46.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

WE PROMOTE AMERICAN VALUES THROUGH THE CREATIVE USE OF DIGITAL MEDIA.

Describe the Organization's Program Activity:

PRAGER UNIVERSITY FOUNDATION ("PRAGERU") IS THE WORLD'S LEADING CONSERVATIVE NONPROFIT THAT IS FOCUSED ON CHANGING MINDS. WE PROMOTE AMERICAN VALUES THROUGH THE CREATIVE USE OF DIGITAL MEDIA, AS OUR MISSION. TAKING FULL ADVANTAGE OF TODAY'S TECHNOLOGY AND SOCIAL MEDIA, WE EDUCATE MILLIONS OF AMERICANS AND YOUNG PEOPLE ABOUT THE VALUES THAT MAKE AMERICA GREAT. OUR VISION IS A WORLD COMMITTED TO LIFE, LIBERTY AND THE PURSUIT OF HAPPINESS.


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Board, Officers & Key Employees

Name (title)Compensation
Marissa Streit
CEO
$948,682
David Prager
Chief Development Officer
$411,814
Layne Thrasher
Chief Financial Officer
$362,102
Craig Strazzeri
Chief Marketing Officer
$355,194
Allen Estrin
Executive Director
$327,500
Kevin Royse
Chief Advancement Officer
$226,273

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Google
Media/marketing
$7,028,439
Ekf Promotions
Promotional Materials
$1,181,127
Kansas & Brooklyn
Consulting
$493,333
Facebook
Media/marketing
$9,233,065
Fox News Network
Media/marketing
$1,225,063
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$2,290,380
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$62,889,712
Noncash contributions included in lines 1a–1f $2,243,610
Total Revenue from Contributions, Gifts, Grants & Similar$65,180,092
Total Program Service Revenue$5,000
Investment income $718,668
Tax Exempt Bond Proceeds $0
Royalties $94,874
Net Rental Income $0
Net Gain/Loss on Asset Sales $443
Net Income from Fundraising Events -$1,149,447
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $468,842
Miscellaneous Revenue$0
Total Revenue $65,499,557

Grants Recieved

Over the last fiscal year, we have identified 18 grants that Prager University Foundation has recieved totaling $197,005.

Awarding OrganizationAmount
David W Hearst Jr Foundation

San Diego, CA

PURPOSE: GRANTS RELATED TO PURPOSE OF CHARTIABLE ORGANIZATION

$50,000
Clifford And Lavonne Graese Foundation

Jacksonville, FL

PURPOSE: CHARITABLE

$50,000
Karpus Family Foundation Inc

Pittsford, NY

PURPOSE: GENERAL PURPOSE

$25,000
Scp Foundation

Dallas, TX

PURPOSE: GENERAL PURPOSE

$20,000
Bearing Fruit Foundation Tr

Mission Viejo, CA

PURPOSE: SUPPORT EDUCATIONAL ACTIVITIES

$10,000
Rainold Family Foundation

Centennial, CO

PURPOSE: GENERAL SUPPORT

$7,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$11,734,621
Earnings-$2,066,988
Net Contributions$5,500,000
Ending Balance$15,167,633

Peer Organizations

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