James B Hunt Jr Institute For Educational Leadership And Policy is located in Cary, NC. The organization was established in 2002. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, James B Hunt Jr Institute For Educational Leadership And Policy employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James B Hunt Jr Institute For Educational Leadership And Policy 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 06/2022, James B Hunt Jr Institute For Educational Leadership And Policy generated $9.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $10.3m during the year ending 06/2022. While expenses have increased by 27.4% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SECURE AMERICA'S FUTURE THROUGH QUALITY EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUNT-KEAN LEADERSHIP FELLOWSTHE HUNT-KEAN LEADERSHIP FELLOWS (HK FELLOWS) PROGRAM BRINGS TOGETHER SENIOR, STATE-LEVEL POLITICAL LEADERS WHO HAVE THE SKILL AND WILL TO BE EFFECTIVE, REFORM-MINDED EDUCATION POLICYMAKERS IN THEIR STATES WITH LEADING MINDS IN EDUCATION, POLICY, AND POLITICS. THE HK FELLOWS CURRICULUM IS DESIGNED TO EQUIP PARTICIPANTS WITH THE KNOWLEDGE, RELATIONSHIPS, AND INSPIRATION THEY NEED TO ENGAGE IN CRITICAL CONVERSATIONS ABOUT EQUITY AND LEAD ON EDUCATION REFORM IN THEIR CURRENT ROLES AND AS THEY PURSUE HIGHER OFFICE. EACH COHORT INCLUDES AT LEAST 20 HK FELLOWS WITH EACH REPRESENTING A DIFFERENT STATE AND WITH THE COHORT MAINTAINING A BIPARTISAN BALANCE.
STATE ENGAGEMENTTHE HUNT INSTITUTE IS CURRENTLY PARTNERING WITH ILLINOIS, MISSOURI, NORTH CAROLINA, NORTH DAKOTA, OHIO, OKLAHOMA, VIRGINIA, AND WEST VIRGINIA TO PROVIDE A SERIES OF PROGRAMMING DESIGNED TO BUILD THE CAPACITY OF STATE LEGISLATORS AS THEY TACKLE THE EDUCATION CHALLENGES FACING THEIR STATES. IN EACH OF ITS PARTNER STATES, THE INSTITUTE HOSTS A STATE LEGISLATORS RETREAT (SLR) AND OFFERS ONGOING LEARNING EXPERIENCES TO LEGISLATORS, SUCH AS REGIONAL VISITS TO INNOVATIVE AND IMPACTFUL PROGRAMS ACROSS THE COUNTRY AND/OR A POLICY DISCUSSION SERIES THAT, OVER THE SHARED EXPERIENCE OF A MEAL, SUCCESSFULLY CONNECTS A BIPARTISAN GROUP OF POLICYMAKERS WITH KEY NATIONAL EXPERTS IN EDUCATION POLICY.OUR WORK WITH CURRENT AND FORMER GOVERNORS CULMINATED WITH A GOVERNOR'S EDUCATION SYMPOSIUM IN UTAH. THE HUNT INSTITUTE IS CURRENTLY CONDUCTING A SCAN OF ADDITIONAL STATES AS IT LOOKS TO EXPAND THE SLR MODEL. OKLAHOMA WAS A NEW PARTNER STATE FOR THE INSTITUTE FOR THE YEAR ENDED JUNE 30, 2022. IN 2022, THIS PROGRAM CATEGORY ALSO INCLUDED PLANNING WORK TOWARDS LAUNCHING STATE ENGAGEMENT IN NEW STATES LIKE NEW MEXICO AND INDIANA.
CROSS-STATE TEAM ENGAGEMENT AND OTHER PROGRAMSTHE HUNT INSTITUTE HAS ALSO BEEN INTENTIONAL ABOUT CONTINUING TO ENHANCE ITS BRAND AND NATIONAL PRESENCE, EXPANDING ITS WEBINAR SERIES, CREATING A NATIONAL OP-ED PRESENCE IN THE WAKE OF COVID-19, PARTNERING WITH JOHN M. BELK ENDOWMENT TO CONTINUE THE JOHN M BELK IMPACT FELLOWSHIP PROGRAM, AND DEPLOYING STAFF TO AND HOSTING SESSIONS AT PARTNER CONVENINGS. OUR ONE MILLION TEACHERS OF COLOR INITIATIVE AIMS TO BUILD SYSTEMS TO HIRE LEADERS AND TEACHERS OF COLOR BY 2030. THE HUNT INSTITUTE CONTINUES TO RECOGNIZE THE VALUE OF FOSTERING BOTH INTER- AND INTRA-STATE LEARNING BY CONVENING STATE TEAMS FROM ACROSS THE COUNTRY TO DISCUSS TOPICS FROM ACROSS THE EDUCATION CONTINUUM. OUR CONTENT TEAMS HAVE EXPERTISE IN EARLY CHILDHOOD, K12, EQUITY, AND HIGHER EDUCATION. THESE CONVENINGS CAN BE TOPICAL IN NATURE, SUCH AS THE 2022 LITERACY SUMMIT, OR GEARED TOWARD CONVENING STATE TEAMS COMPRISED OF GOVERNORS' ADVISORS/POLICY DIRECTORS, STATE CHIEFS, HIGHER EDUCATION REPS, LEGISLATORS, AND OTHERS TO DISCUSS TOPICAL ISSUES ADDRESSING THE EDUCATION CONTINUUM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Javaid Siddiqi PHD President & CEO | Officer | 40 | $389,770 |
Michele Jordan Vice President | 40 | $177,500 | |
Daniel Wuori Senior Director Of Early Learning | 40 | $138,537 | |
The Honorable Howard N Lee Secretary | OfficerTrustee | 2 | $0 |
The Honorable James B Hunt Jr Chairman | OfficerTrustee | 4 | $0 |
Thomas W Lambeth Vice Chairman | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
The Raben Group Consulting Services | 6/29/22 | $114,560 |
50 State Llc Consulting Services | 6/29/22 | $150,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $7,937,053 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,937,053 |
Total Program Service Revenue | $765,615 |
Investment income | $267,643 |
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 | $8,988,543 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $797,909 |
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. | $422,067 |
Compensation of current officers, directors, key employees. | $63,310 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,615,762 |
Pension plan accruals and contributions | $170,721 |
Other employee benefits | $442,406 |
Payroll taxes | $288,809 |
Fees for services: Management | $0 |
Fees for services: Legal | $27,736 |
Fees for services: Accounting | $28,522 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $853,006 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $136,146 |
Royalties | $0 |
Occupancy | $220,460 |
Travel | $853,966 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,629,136 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $42,051 |
Insurance | $12,415 |
All other expenses | $0 |
Total functional expenses | $10,260,604 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $225,793 |
Savings and temporary cash investments | $8,207,028 |
Pledges and grants receivable | $2,679,989 |
Accounts receivable, net | $73,459 |
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 | $34,089 |
Net Land, buildings, and equipment | $132,472 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $16,797 |
Total assets | $11,369,627 |
Accounts payable and accrued expenses | $672,789 |
Grants payable | $0 |
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 | $58,278 |
Total liabilities | $731,067 |
Net assets without donor restrictions | $3,938,419 |
Net assets with donor restrictions | $6,700,141 |
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 | $11,369,627 |
Over the last fiscal year, James B Hunt Jr Institute For Educational Leadership And Policy has awarded $773,109 in support to 9 organizations.
Grant Recipient | Amount |
---|---|
Cambridge, MA PURPOSE: EARLY CHILDHOOD PROGRAM | $350,000 |
DUKE UNIVERSITY PURPOSE: PRESCHOOL DEVELOPMENT | $214,460 |
LAKE RESEARCH PARTNERS INC PURPOSE: RESEARCH FOR COVID-19 CONSTITUENCY PROJECT | $80,749 |
Washington, DC PURPOSE: EQUITY PROGRAM | $42,900 |
New York, NY PURPOSE: PRESCHOOL DEVELOPMENT | $18,900 |
New York, NY PURPOSE: 1 MILLION TEACHERS PROGRAM | $17,500 |
Over the last fiscal year, we have identified 10 grants that James B Hunt Jr Institute For Educational Leadership And Policy has recieved totaling $6,609,085.
Awarding Organization | Amount |
---|---|
Saul Zaentz Charitable Foundation Glenview, IL PURPOSE: GENERAL SUPPORT | $1,575,000 |
Saul Zaentz Charitable Foundation Glenview, IL PURPOSE: GENERAL SUPPORT | $1,575,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Community Development | $1,250,000 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $906,200 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: MEDICAL / PUBLIC SERVICES | $637,500 |
New Venture Fund Washington, DC PURPOSE: YOUTH DEVELOPMENT AND EDUCATION | $475,000 |
Organization Name | Assets | Revenue |
---|---|---|
Unc Health Foundation Inc Chapel Hill, NC | $571,825,040 | $92,147,897 |
William & Mary Foundation Williamsburg, VA | $1,122,551,962 | $79,373,462 |
Shorter University Inc Rome, GA | $57,209,537 | $39,807,545 |
Kennesaw State University Foundation Inc Kennesaw, GA | $537,455,993 | $85,548,111 |
University Of Virginia Foundation Charlottesville, VA | $508,958,321 | $36,530,024 |
North Carolina State University Foundation Inc Raleigh, NC | $679,121,022 | $52,520,062 |
Clemson University Foundation Clemson, SC | $1,240,950,463 | $112,486,660 |
University Health Services Inc Richmond, VA | $34,736,696 | $16,366,834 |
Georgia State University Foundation Inc Atlanta, GA | $466,073,205 | $89,649,877 |
Medical College Of Virginia Foundation Richmond, VA | $645,911,510 | $54,318,573 |
University Of Memphis Foundation Memphis, TN | $175,396,802 | $38,710,840 |
Virginia Commonwealth University College Of Engineering Foundation Richmond, VA | $131,974,636 | $12,076,889 |