Public Relations Society Of America Foundation Inc

Organization Overview

Public Relations Society Of America Foundation Inc is located in New York, NY. The organization was established in 1990. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Public Relations Society Of America Foundation 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 12/2021, Public Relations Society Of America Foundation Inc generated $300.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $146.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Public Relations Society Of America Foundation Inc has awarded 12 individual grants totaling $421,489. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO FOSTER, SPONSOR AND CONDUCT RESEARCH, EDUCATION AND CONTINUING EDUCATION IN THE PUBLIC RELATIONS INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PRSA FOUNDATION SUPPORTS DIVERSE STUDENTS AND SCHOLARS IN THEIR DESIRE TO ENTER THE PROFESSION OF PUBLIC RELATIONS. OUR FOCUS IS ON THE IMPROVEMENT AND DIVERSIFICATION OF THE FIELD THROUGH THE GRANTING OF SCHOLARSHIPS AND AWARDS AND THE CREATION AND SUPPORT OF RESEARCH. WE AWARD GRANTS AND SCHOLARSHIPS TO DESERVING SCHOLARS, AND PUBLISH RESEARCH FOCUSED ON BEST-IN-CLASS DIVERSITY RETENTION, RECRUITMENT, AND MENTORSHIP. WE ALSO SEEK AND ACCEPT NEW FUNDS FROM DONORS (INDIVIDUAL OR CORPORATE/AGENCY) THAT FOLLOW CURRENT GUIDELINES FOR ESTABLISHING SCHOLARSHIPS AND RESEARCH GRANTS AND PURSUE PARTNERSHIPS WITH ORGANIZATIONS AND INDIVIDUALS TO DEVELOP PROGRAMS ADVANCING THE CAREER SUCCESS OF DIVERSE GRADUATES. IN 2021, THE FOUNDATION HAS GIVEN 130 INDIVIDUAL SCHOLARSHIPS AND AWARDS TOTALING $55,772. TWO ADDITIONAL GRANTS IMPACTING 10 STUDENTS, TOTALING $5,141 WERE ALSO AWARDED.


DIVERSE VOICES: PROFILES IN LEADERSHIP IS A PUBLICATION DESIGNED TO HELP COMMUNICATIONS LEADERS AND PROFESSIONALS BETTER UNDERSTAND THE CHALLENGES FACED BY MINORITIES IN THE FIELD. PUBLISHED IN PARTNERSHIP WITH THE MUSEUM OF PUBLIC RELATIONS, DIVERSE VOICES FEATURES INTERVIEWS WITH MORE THAN 40 MULTICULTURAL CORPORATE AND PR AGENCY LEADERS. THESE EXECUTIVES, WHO HAVE RISEN TO THE VERY TOP OF THIS DYNAMIC AND VITAL FIELD, SHARE CANDID ANECDOTES DETAILING THE SUCCESSES THEY HAVE HAD, THE OBSTACLES THEY HAVE HAD TO OVERCOME AND THE LESSONS THEY HAVE LEARNED ALONG THE WAY. THE BOOK ALSO HAS TIPS AND LESSONS FOR THOSE ENTERING THE FIELD.


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Board, Officers & Key Employees

Name (title)Compensation
Aerial Ellis Edd
President
$0
Yanique Woodall
Treasurer
$0
Barby Siegel
Secretary
$0
Joseph Cohen
Immediate Past President
$0
Sheryl Battles
Trustee
$0
Yolanda Benson
Trustee
$0

Financial Statements

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$244,282
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$244,282
Total Program Service Revenue$2,152
Investment income $10,775
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $43,213
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $300,862

Grants Awarded

Over the last fiscal year, Public Relations Society Of America Foundation Inc has awarded $18,256 in support to 2 organizations.

Grant RecipientAmount

THE ARTHUR PAGE SOCIETY

Org PageRecipient Profile

New York, NY

PURPOSE: TO SUPPORT THE WORK OF THE DIVERSITY ACTION ALLIANCE

$11,166

PUBLIC RELATIONS SOCIETY OF AMERICA INC

Org PageRecipient Profile

New York, NY

PURPOSE: TO SPONSOR STUDENTS TO BE PRSSA MEMBERS/SPONSOR REGISTRATION FOR THE PRSA INTERNATIONAL CONFERENCE

$7,090
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Public Relations Society Of America Foundation Inc has recieved totaling $118,478.

Awarding OrganizationAmount
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$84,473
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$15,000
Greater Houston Community Foundation

Houston, TX

PURPOSE: EDUCATIONAL

$10,500
$8,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$435,478
Earnings$14,728
Net Contributions$79,475
Grants$25,448
Ending Balance$504,233

Peer Organizations

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