Ici Educational Foundation
- Assets
- $1.8m
- Revenue
- $154.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 09/1990
- Data as of
- 09/2021
- EIN
- 52-1659777
Organization Overview
Ici Educational Foundation is located in Washington, DC. The organization was established in 1990. According to its NTEE Classification (V19) the organization is classified as: Support N.E.C., under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ici Educational 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 09/2021, Ici Educational Foundation generated $154.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $143.4k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ici Educational Foundation has awarded 20 individual grants totaling $658,200. 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
SEE ATTACHMENT 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES EDUCATIONAL CONFERENCES RELATING TO THE ISSUES OF SECURITIES, REGULATION AND TAXATION, INVESTMENT MANAGEMENT AND OTHER ISSUES OF IMPORTANCE TO INVESTMENT COMPANIES AND THEIR SHAREHOLDERS.
EDUCATION - GRANTS WERE MADE TO THE AMERICAN SAVINGS EDUCATION COUNCIL (ASEC), UNIVERSITY OF THE DISTRICT OF COLUMBIA, ROBERT TOIGO FOUNDATION, SOCIETY FOR FINANCIAL EDUCATION AND PROFESSIONAL DEVELOPMENT, GIRLS WHO INVEST, MARYLAND COUNCIL ON ECONOMIC EDUCATION, AND JUMP START COALITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael D Mcnamee President (until 7/21) | Officer | 1 | $0 |
Mark A Delcoco Treasurer | Officer | 1 | $0 |
Nhan H Nguyen Secretary (as Of 6/21) | Officer | 1 | $0 |
Linda M French Secretary (until 4/21) | Officer | 1 | $0 |
Christina M Kilroy VP (until 11/20) | Officer | 20 | $0 |
Mirian E Bridges VP (as Of 11/20, Until 7/21) | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $50,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Total Program Service Revenue | $63,786 |
| Investment income | $18,310 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,242 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $154,338 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $101,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $471 |
| Information technology | $0 |
| 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 | $14,437 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,871 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $143,428 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,456 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $698 |
| 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 | $12,800 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,749,864 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,818,818 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $39,939 |
| 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 | $39,939 |
| Net assets without donor restrictions | $1,778,879 |
| Net assets with donor restrictions | $0 |
| 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 | $1,818,818 |
Grants Awarded
Over the last fiscal year, Ici Educational Foundation has awarded $91,950 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: EDUCATION GRANT | $25,000 |
New York, NY PURPOSE: EDUCATION GRANT | $25,000 |
Alexandria, VA PURPOSE: EDUCATION GRANT | $21,950 |
Oakland, CA PURPOSE: EDUCATION GRANT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brookings Institution Washington, DC | $492,547,778 | $79,395,655 |
American Enterprise Institute For Public Policy Research Washington, DC | $346,443,499 | $69,385,964 |
Mercatus Center Inc Arlington, VA | $43,899,623 | $50,106,510 |
Innovations For Poverty Action Washington, DC | $30,811,263 | $47,809,311 |
Pew Research Center Washington, DC | $88,724,159 | $36,494,220 |
Human Resources Research Organization Alexandria, VA | $49,647,331 | $46,547,279 |
The Center For Employment Security Education And Research Inc Washington, DC | $6,134,874 | $30,672,997 |
Woodrow Wilson International Center For Scholars Washington, DC | $101,804,343 | $30,447,202 |
Atlas Economic Research Foundation Arlington, VA | $16,820,562 | $19,446,645 |
African Population Health & Research Center Inc Rockville, MD | $31,767,222 | $22,719,111 |
Federalist Society For Law & Public Policy Studies Washington, DC | $35,150,091 | $18,916,989 |
Population Reference Bureau Inc Washington, DC | $17,681,286 | $16,562,453 |