Edvestors Inc

Organization Overview

Edvestors Inc is located in Boston, MA. The organization was established in 2007. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2024, Edvestors Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edvestors Inc 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 06/2024, Edvestors Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $6.0m during the year ending 06/2024. While expenses have increased by 6.1% per year over the past 9 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.

Since 2015, Edvestors Inc has awarded 550 individual grants totaling $8,368,369. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

EDVESTORS IS A DYNAMIC SCHOOL CHANGE ORGANIZATION FOCUSED ON ACCELERATING SUBSTANTIVE IMPROVEMENT IN BOSTON SCHOOLS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BOSTON PUBLIC SCHOOLS ARTS EXPANSION - A MULTI-YEAR COLLABORATIVE EFFORT TO EXPAND EQUITABLE ACCESS TO QUALITY ARTS LEARNING EXPERIENCES FOR ALL STUDENTS IN BOSTON PUBLIC SCHOOLS (BPS). (CONTINUED ON SCHEDULE O) THIS PUBLIC-PRIVATE PARTNERSHIP INVOLVES A LARGE AND COORDINATED NETWORK OF PARTNERS, INCLUDING SCHOOLS, ARTS INSTITUTIONS, TEACHING ARTISTS, AND FUNDERS, AMONG OTHERS. AS A RESULT OF THIS PUBLIC-PRIVATE PARTNERSHIP, 17,000 MORE STUDENTS ANNUALLY RECEIVE ARTS EDUCATION AS COMPARED WITH MORE THAN A DECADE AGO AND OUR PRIVATE INVESTMENT HAS LEVERAGED A 5:1 RETURN OF INCREASED BPS DISTRICT BUDGET INVESTMENT FOR ARTS EDUCATION. EDVESTORS IS THE LEAD IMPLEMENTATION PARTNER FOR BPS ARTS EXPANSION. IN 2019, EDVESTORS PARTNERED WITH BLOOMBERG PHILANTHROPIES TO BRING THE BLOOMBERG ARTS INTERNSHIP TO BOSTON, PROVIDING HIGH SCHOOL STUDENTS WITH SUMMER INTERNSHIPS AT THE CITY'S FOREMOST CULTURAL INSTITUTIONS AND ORGANIZATIONS.


OTHER PROGRAM SERVICES INCLUDE THE SCHOOL ON THE MOVE PRIZE, RACIAL EQUITY SEED FUND, AND OTHER PROGRAMMATIC EXPENSES. THE SCHOOL ON THE MOVE PRIZE IS BOSTON'S PREMIER AWARD FOR BOSTON PUBLIC SCHOOLS. THE ANNUAL PRIZE INCLUDES A MONETARY AWARD TO ONE OF BPS' MOST RAPIDLY IMPROVING SCHOOLS, WITH SMALLER GRANTS TO THE TWO FINALISTS. THE PRIZE ALSO COMES WITH PUBLIC RECOGNITION AND THE OPPORTUNITY FOR THE WINNING SCHOOL TO DOCUMENT AND SHARE THEIR SUCCESSFUL IMPROVEMENT STRATEGIES TO INFORM THE WORK OF EDUCATORS. THROUGH THE RACIAL EQUITY SEED FUND, EDVESTORS MAKES INVESTMENTS IN A COHORT OF SCHOOLS EACH YEAR TO PROVIDE SCHOOLS WITH THE OPPORTUNITY TO CREATE AN ACTION-BASED LEARNING COMMUNITY THAT IMPLEMENTS, TESTS, AND SCALES SOLUTIONS TO ADVANCE RACIAL EQUITY. INVESTING IN ON-THE-GROUND SOLUTIONS, IN PARTNERSHIP WITH OUR FUNDERS, IS AN ESSENTIAL PART OF EDVESTORS' APPROACH TO STRATEGIC PHILANTHROPY.


EDVESTORS' MATHEMATICS PROGRAM (ALSO KNOWN AS ZEROING IN ON MATH) HAS A GOAL OF IMPROVING THE MATHEMATICS EDUCATIONAL EXPERIENCES AND OUTCOMES OF STUDENTS IN BOSTON PUBLIC SCHOOLS, WITH A SPECIFIC AIM OF ADVANCING EQUITY IN MATHEMATICS. (CONTINUED ON SCHEDULE O)THROUGH THIS WORK, TEACHERS, STUDENTS, AND ADMINISTRATORS ARE ENGAGED TO ADVANCE TEACHING, LEARNING, AND CURRICULAR IMPROVEMENTS. OVER THE YEARS, RESULTS HAVE SHOWN THAT STUDENTS HAVE BENEFITED WITH INCREASED ASSESSMENT OUTCOMES AND TEACHERS HAVE REPORTED GREATER COMPETENCIES IN TEACHING MATHEMATICS. MOVING FORWARD, EDVESTORS WILL BUILD ON THESE ACCOMPLISHMENTS WHILE WORKING TOWARD SYSTEM-LEVEL IMPACT DRIVEN BY THE CONNECTEDNESS OF OUR SCHOOL-BASED WORK, DISTRICT-LEVEL PARTNERSHIPS, AND EXTERNAL COLLABORATIONS.


CAREER PATHWAYS - AIMS TO INCREASE THE NUMBER OF BOSTON STUDENTS WHO PROGRESS THROUGH CAREER PATHWAYS THAT ARE ENGAGING AND RELEVANT, ADDRESS COMMUNITY NEEDS, AND PREPARE YOUNG PEOPLE TO ENTER MEANINGFUL CAREERS. THROUGH THE CAREER PATHWAYS INITIATIVE, EDVESTORS HELPS HIGH SCHOOLS AND THE DISTRICT TO PLAN AND PROVIDE QUALITY CAREER EDUCATION EXPERIENCES FOR MORE BOSTON STUDENTS, ENABLING THEM TO DEVELOP THE SKILLS NEEDED TO IDENTIFY, NAVIGATE TOWARDS, AND REALIZE THEIR COLLEGE AND CAREER READINESS GOALS. IN 2020, EDVESTORS PARTNERED WITH JPMORGAN CHASE ON A FIVE-YEAR, CROSS-SECTOR EFFORT TO IMPROVE SYSTEMS AND ELIMINATE STRUCTURAL BARRIERS TO MAKE QUALITY CAREER PATHWAYS ACCESSIBLE TO MORE STUDENTS IN BOSTON.


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Board, Officers & Key Employees

Name (title)Compensation
Myran Parker-Brass
Board Chair
$0
Jennifer Larson-Joyce
Vice Chair
$0
Katherine S Mchugh
Clerk
$0
David Simon
Treasurer
$0
Katherine Gross
Board Member
$0
Faith Parker
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $106,750
All other contributions, gifts, grants, and similar amounts not included above$4,333,096
Noncash contributions included in lines 1a–1f $18,969
Total Revenue from Contributions, Gifts, Grants & Similar$4,439,846
Total Program Service Revenue$0
Investment income $196,732
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,636,578

Grants Awarded

Over the last fiscal year, Edvestors Inc has awarded $809,880 in support to 67 organizations.

Grant RecipientAmount

BOSTON EDUCATION FUND

PURPOSE: SOM PRIZE WINNER - EAST BOSTON HIGH SCHOOL

$80,000

ELIOT SCHOOL OF FINE AND APPLIED ARTS

PURPOSE: R16 1-YEAR: ELIOT - ENGLISH, GREW, EGLESTON, HAYNES, ELISON, BURKE

$46,000

APPRENTICE LEARNING

PURPOSE: GATES SOCIAL CAPITAL INITIATIVE

$30,000

OPEN DOOR ARTS

PURPOSE: R15 2ND YEAR: OPEN DOOR ARTS - ELLISON PARKS, BGA, CASH

$26,400

ACTORS' SHAKESPEARE PROJECT

PURPOSE: R16 1-YEAR: ASP - BINCA, ENGLISH, BRIGHTON, BDEA

$22,900

BOSTON GREEN ACADEMY FOUNDATION

PURPOSE: SOM PRIZE FINALIST - BOSTON GREEN ACADEMY

$20,000
View Grant Profile

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