American Council On Education is located in Washington, DC. The organization was established in 1936. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 09/2023, American Council On Education employed 163 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Council On Education 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, American Council On Education generated $34.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $36.0m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Council On Education has awarded 78 individual grants totaling $12,517,534. 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
CONSENSUS LEADER ON HIGHER EDUCATION ISSUES & COORDINATING BODY FOR UNITED STATES HIGHER ED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT LEARNING AND EDUCATIONAL CREDENTIALS: ACE LEARNING EVALUATIONS (LE) DEMONSTRATES ITS COMMITMENT TO ADULT LEARNERS AND POSTSECONDARY CREDENTIAL ATTAINMENT THROUGH A WIDE RANGE OF PROGRAMS AND INITIATIVES THAT SUPPORT STUDENT SUCCESS. THIS INCLUDES ASSISTING COLLEGES AND UNIVERSITIES GRANT CREDIT FOR WORKPLACE LEARNING AND TRAINING TO IMPROVE ACCESS TO AND SUCCESS IN POSTSECONDARY EDUCATION. ACE VALIDATES A WIDE VARIETY OF EDUCATION AND TRAINING PROGRAMS FROM COURSES TO EXAMINATIONS, INCLUDING LANGUAGES, CERTIFICATIONS, AND APPRENTICESHIP PROGRAMS. THROUGH A CONTINUED CONTRACT WITH DEPARTMENT OF DEFENSE, ACE VALIDATES MILITARY TRAINING AND OCCUPATIONAL EXPERIENCES TO BRIDGE THE GAP BETWEEN PROFESSIONAL MILITARY EDUCATION AND POSTSECONDARY EDUCATION WHILE ENHANCING GOVERNMENT AND POSTSECONDARY DATA SYSTEMS AND VIRTUAL TECHNOLOGY. ASSOCIATED SUPPORT SERVICES CONNECT INSTITUTIONS OF HIGHER EDUCATION AND EMPLOYERS TO IMPROVE ECONOMIC MOBILITY FOR INDEPENDENT LEARNERS TO OBTAIN ACADEMIC CREDIT FOR FORMAL COURSES, TRAINING, AND EXPERIENCES TAKEN OUTSIDE TRADITIONAL COLLEGES AND UNIVERSITIES. THIS WORK ENSURES THE VALIDITY AND RELIABILITY OF NON-TRADITIONAL LEARNING AND PROVIDES OPPORTUNITIES FOR UNDERSERVED STUDENT POPULATIONS IN COLLEGE AND THE WORKFORCE.
PROFESSIONAL DEVELOPMENT: ACE HAS A LONG HISTORY OF PROVIDING LEARNING AND ENGAGEMENT OPPORTUNITIES FOR CAMPUS LEADERS, INCLUSIVE OF PROGRAMS, SERVICES, AND RESEARCH. ACE'S EDUCATION FUTURES DIVISION (LEADING THE COUNCIL'S PROGRAMMATIC WORK) OFFERS A SUITE OF PROGRAMS AND SERVICES THAT ENRICH THE CAPACITY OF INSTITUTIONS AND INDIVIDUAL LEADERS TO INNOVATE, ADAPT AND PROMOTE HIGH QUALITY PRACTICE WITHIN HIGHER EDUCATION. THE UNIT SERVES INDIVIDUAL LEADERS AND INSTITUTIONS BY LEVERAGING A SUITE OF BLENDED SOLUTIONS INCLUDING BUT NOT LIMITED TO ACE'S TRANSFORMATION LABS AND ACE FELLOWS. ACE'S TRANSFORMATION LABS GUIDE HIGHER EDUCATION INSTITUTIONS THROUGH A STRUCTURED, CAMPUS-WIDE PLANNING PROCESS TO ADDRESS PRESSING STRATEGIC GOALS. CURRENT TRANSFORMATION LABS FOCUS ON LEARNER SUCCESS AND CAMPUS INTERNATIONALIZATION. LABS ARE FUNDED THROUGH GRANTS AND/OR PARTICIPANT FEES AND INCLUDE CAMPUS ENGAGEMENT WITH ACE LASTING FROM THREE MONTHS TO TWO YEARS. ACE FELLOWS OFFERS AN IN-DEPTH YEAR-LONG IMMERSION IN HIGHER EDUCATION LEADERSHIP. A COHORT OF 30 TO 50 LEADERS ARE SELECTED EACH YEAR TO PARTICIPATE IN THE PROGRAM, WHICH INCLUDES A SERIES OF RETREATS FOCUSED ON ESSENTIAL KNOWLEDGE AND SKILLS, EXTENDED MENTORING BY EXECUTIVES FROM A HOST CAMPUS, COMPLETION OF SPECIAL PROJECTS AND ASSIGNMENTS TO TRANSFORM AND ENHANCE BOTH THEIR HOME AND HOST CAMPUSES, AND OPPORTUNITIES TO CONNECT WITH AND LEARN FROM A WIDE ARRAY OF CAMPUS LEADERS. PARTICIPATION IN THE FELLOWS PROGRAM IS SUPPORTED BY PROGRAM FEES, GRANTS AND SCHOLARSHIPS. ACE'S COMMUNITY STRATEGY AND ENGAGEMENT UNIT FOCUSES ON FOSTERING PARTNERSHIP AND ENGAGEMENT WITH KEY STAKEHOLDERS AND ORGANIZATIONS, SUCH AS THE ACE WOMEN'S NETWORK AND THE ACE COUNCIL OF FELLOWS. THE COUNCIL OF FELLOWS COORDINATES THE ACTIVITIES, EVENTS, AND FUNDRAISING EFFORTS OF THE ACE FELLOWS PROGRAM ALUMNI. SINCE ITS INCEPTION IN 1965, OVER 2,000 INDIVIDUALS HAVE PARTICIPATED IN THE ACE FELLOWS PROGRAM. THIS DIVERSE NETWORK OF ALUMNI ARE AN ONGOING SOURCE OF SHARED EXPERTISE AND SUPPORT FOR ONE ANOTHER AS THEY NAVIGATE CHALLENGES FACING THEIR INSTITUTIONS AND PROACTIVELY ENGAGE TO ADVANCE HIGHER EDUCATION'S OVERARCHING MISSION. THE ACE WOMEN'S NETWORK IS A SYSTEM OF STATE-BASED NETWORKS WITH THE GOAL OF SUPPORTING AND ADVANCING WOMEN LEADERS IN HIGHER EDUCATION. ANNUALLY THE STATE NETWORKS REACH APPROXIMATELY 10,000 WOMEN AND SUPPORTS THE OVERARCHING VISION OF DIVERSIFYING THE HIGHER EDUCATION LEADERSHIP PIPELINE. THROUGH PROGRAMS AND INITIATIVES AND WITH THE SUPPORT OF ACE STAFF, THE STATE NETWORKS ENGAGE IN A SHARED MISSION OF IDENTIFYING, DEVELOPING, ENCOURAGING, ADVANCING, LEADING AND SUPPORTING WOMEN IN HIGHER EDUCATION CAREERS. EACH OF THE AFOREMENTIONED UNITS EMPLOYS ACE ENGAGE, ACE'S DIGITAL ENGAGEMENT TOOL, TO ADVANCE PRODUCT DISSEMINATION AND NETWORKING OPPORTUNITIES FOR HIGHER EDUCATION LEADERS. ACE ENGAGE IS A RESOURCE TO FOSTER VIRTUAL PEER TO PEER NETWORKING AND LEARNING, AND OFFERS INDIVIDUAL LEADERS ACCESS TO A RESOURCE LIBRARY, WEBINARS AND ONLINE WORKSHOPS WITH EXPERTS.
GOVERNMENT RELATIONS AND PUBLIC AFFAIRS: COORDINATES AND PUBLICIZES THE EFFORTS OF THE HIGHER EDUCATION COMMUNITY IN REPRESENTING ITS POSITIONS AND CONCERNS TO THE FEDERAL GOVERNMENT. ACE'S DIVISION OF GOVERNMENT RELATIONS (DGR) COORDINATES THE EFFORTS OF THE HIGHER EDUCATION COMMUNITY IN REPRESENTING ITS CONCERNS TO THE FEDERAL GOVERNMENT. STAFF MEMBERS PREPARE TESTIMONY FOR CONGRESSIONAL HEARINGS, COMMENT ON PROPOSED FEDERAL LEGISLATION AND REGULATIONS, AND FILE AMICUS CURIAE BRIEFS ON COURT CASES WITH IMPORTANT IMPLICATIONS FOR HIGHER EDUCATION, AMONG OTHER ACTIVITIES. FOR FEDERAL GOVERNMENT POLICY MAKERS, THE DIVISION ACTS AS THE CENTRAL SOURCE OF INFORMATION AND COUNSEL ON HIGHER EDUCATION ISSUES. DIVISION STAFF MEMBERS ALSO COMMUNICATE INFORMATION ON RELEVANT EDUCATIONAL CONCERNS AND ACE POLICY POSITIONS TO THE MEDIA, COLLEGE AND UNIVERSITY OFFICIALS, AND THE GENERAL PUBLIC. ANOTHER MEANS OF DISSEMINATION OF THIS INFORMATION IS THE ACE ANNUAL MEETING, WHICH IS AN IDEAL SETTING FOR NETWORKING WITH COLLEAGUES AND ADDRESSING FUTURE CHALLENGES OF HIGHER EDUCATION, INCLUDING IN THE PUBLIC POLICY ARENA.THE OFFICE OF PUBLIC AFFAIRS WORKS TO MAINTAIN THE COUNCIL'S PRESENCE AS A TOP SOURCE FOR MEDIA ON HIGHER EDUCATION ISSUES AND POLICY, ENHANCE PUBLIC UNDERSTANDING OF A WIDE RANGE OF HIGHER EDUCATION TOPICS, ADVOCATE ON BEHALF OF ACE MEMBERSHIP ON KEY ISSUES, AND PROMOTE THE IMPORTANT WORK OF ACE PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Linda A Livingstone Chair | OfficerTrustee | 1 | $0 |
Felix V Matos Rodriguez Vice Chair/chair Elect | OfficerTrustee | 1 | $0 |
Michael Rao Immediate Past Chair | OfficerTrustee | 1 | $0 |
Roslyn Clark Artis Director | Trustee | 1 | $0 |
Kenya Ayers-Palmore Director | Trustee | 1 | $0 |
Lawrence S Bacow Director - Until 09/2023 | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Step 1 Enterprises Llc Construction Contracting | 9/29/23 | $775,906 |
Rsm Us Llp It Consulting | 9/29/23 | $172,612 |
Covington & Burling Consulting | 9/29/23 | $153,550 |
Beacon Hill Staffing Group Llc Staffing Services | 9/29/23 | $152,174 |
Ernst & Young Llp Consulting | 9/29/23 | $150,000 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,141,600 |
Investment income | $1,388,845 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $6,193,470 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,083,376 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $35,886 |
Miscellaneous Revenue | $0 |
Total Revenue | $34,913,177 |
Statement of Expenses | |
---|---|
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. | $2,131,986 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $12,404,366 |
Pension plan accruals and contributions | $866,731 |
Other employee benefits | $2,218,110 |
Payroll taxes | $967,700 |
Fees for services: Management | $0 |
Fees for services: Legal | $229,260 |
Fees for services: Accounting | $77,710 |
Fees for services: Lobbying | $245,621 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $82,965 |
Fees for services: Other | $10,109,320 |
Advertising and promotion | $91,001 |
Office expenses | $78,791 |
Information technology | $1,289,961 |
Royalties | $0 |
Occupancy | $562,168 |
Travel | -$3,899 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $107,291 |
Interest | $11,027 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,544,384 |
Insurance | $179,678 |
All other expenses | $0 |
Total functional expenses | $35,950,231 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,682,573 |
Savings and temporary cash investments | $1,219,964 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,422,146 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $24,691 |
Prepaid expenses and deferred charges | $1,252,519 |
Investments—publicly traded securities | $61,438,413 |
Investments—other securities | $215,744 |
Investments—program-related | $5,716,489 |
Intangible assets | $0 |
Other assets | $2,441,499 |
Total assets | $87,315,703 |
Accounts payable and accrued expenses | $3,854,819 |
Grants payable | $0 |
Deferred revenue | $9,312,839 |
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 | $43,860 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $5,697,522 |
Total liabilities | $18,909,040 |
Net assets without donor restrictions | $0 |
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 |
Total liabilities and net assets/fund balances | $68,406,663 |
Over the last fiscal year, American Council On Education has awarded $63,409 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
ALABAMA STATE UNIVERSITY FOUNDATION INC PURPOSE: FELLOWS SCHOLARSHIP | $20,000 |
UNIVERSITY OF SOUTHERN CALIFORNIA PURPOSE: EQUITY MINDED LEADERSHIP STUDY | $16,809 |
TEXAS WOMEN'S UNIVERSITY PURPOSE: AWARD FOR INSTITUTIONAL TRANFORMATION | $10,000 |
ALLAN HANCOCK JOINT COMMUNITY COLLEGE DISTRICT PURPOSE: AWARD FOR INSTITUTIONAL TRANFORMATION | $10,000 |
ASSOCIATION OF INTERNATIONAL EDUCATION ADMINISTRATORS PURPOSE: CONFERENCE SPONSORSHIP | $6,600 |