Edvance Foundation is located in Boston, MA. Edvance 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 06/2018, Edvance Foundation generated $15.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (23.0%) each year. All expenses for the organization totaled $18.6k during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (39.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
THE EDVANCE FOUNDATION (THE "FOUNDATION') IS A NONPROFIT ORGANIZATION THAT STRENGTHENS PARTNERSHIPS BETWEEN PUBLIC AND PRIVATE INSTITUTIONS OF HIGHER EDUCATION, DEVELOPES PROGRAMS THAT FOSTER GREATER ACCESS AND CHOICE FOR COLLGE-BOUND STUDENTS, AND PROMOTES BEST PRACTICES IN INSTITUTIONAL OPERATIONS, MANAGEMENT, AND GOVERNANCE. THE FOUNDATION WAS ESTABLISHED AS A DELAWARE ORGANIZATION ON JULY 28, 2010 AND DOES BUSINESS PRIMARILY FROM CORPORATE OFFICES LOCATED IN MASSACHUSETTS.THE FIRST PROGRAM SPONSORED BY THE FOUNDATION IS THE EXPECTATION NETWORK, FORMERLY CALLED THE COMMUNITY COLLEGE LINKAGE PROJECT. IT WILL FACILIATE AND SUPPORT THE ENROLLMENT OF TWO-YEAR COLLEGE STUDENTS TO FOUR-YEAR INDEPENDENT COLLEGES AND UNIVERSITIES THROUGH SUPPORT FROM THE BILL AND MELINDA GATES, JACK KENT COOKE, AND PFZIER FOUNDATIONS. THESE FOUNDATIONS PROVIDED SUPPORT TO OPEN A NATIONAL OFFICE, UNDERTAKE A "LISTENING TOUR" OF MORE THAN 1200 SENIOR HIGHER EDUCATION PRACTITIONERS ACROSS THE COUNTRY, AND PRODUCE A FINAL DRAFT, OF THE LARGEST STUDY EVER UNDERTAKEN ON THE TRANSFER AND PATTERNS OF TRANSFER OF 2-YEAR GRADUATES TO 4-YEAR INDEPENDENT COLLEGES AND UNIVERSITIES. THE FOUNDATION IS ALSO IN EARLY STAGE DISCUSSIONS ABOUT OTHER PROGRAMS THAT IT MIGHT SPONSOR THAT WILL POSITIVELY AFFECT THE DEVELOPMENT OF 2-YEAR GRADUATES.
THE EDVANCE FOUNDATION (THE "FOUNDATION') IS A NONPROFIT ORGANIZATION THAT STRENGTHENS PARTNERSHIPS BETWEEN PUBLIC AND PRIVATE INSTITUTIONS OF HIGHER EDUCATION, DEVELOPES PROGRAMS THAT FOSTER GREATER ACCESS AND CHOICE FOR COLLGE-BOUND STUDENTS, AND PROMOTES BEST PRACTICES IN INSTITUTIONAL OPERATIONS, MANAGEMENT, AND GOVERNANCE. THE FOUNDATION WAS ESTABLISHED AS A DELAWARE ORGANIZATION ON JULY 28, 2010 AND DOES BUSINESS PRIMARILY FROM CORPORATE OFFICES LOCATED IN MASSACHUSETTS.THE FIRST PROGRAM SPONSORED BY THE FOUNDATION IS THE EXPECTATION NETWORK, FORMERLY CALLED THE COMMUNITY COLLEGE LINKAGE PROJECT. IT WILL FACILIATE AND SUPPORT THE ENROLLMENT OF TWO-YEAR COLLEGE STUDENTS TO FOUR-YEAR INDEPENDENT COLLEGES AND UNIVERSITIES THROUGH SUPPORT FROM THE BILL AND MELINDA GATES, JACK KENT COOKE, AND PFZIER FOUNDATIONS. THESE FOUNDATIONS PROVIDED SUPPORT TO OPEN A NATIONAL OFFICE, UNDERTAKE A "LISTENING TOUR" OF MORE THAN 1200 SENIOR HIGHER EDUCATION PRACTITIONERS ACROSS THE COUNTRY, AND PRODUCE A FINAL DRAFT, OF THE LARGEST STUDY EVER UNDERTAKEN ON THE TRANSFER AND PATTERNS OF TRANSFER OF 2-YEAR GRADUATES TO 4-YEAR INDEPENDENT COLLEGES AND UNIVERSITIES. THE FOUNDATION IS ALSO IN EARLY STAGE DISCUSSIONS ABOUT OTHER PROGRAMS THAT IT MIGHT SPONSOR THAT WILL POSITIVELY AFFECT THE DEVELOPMENT OF 2-YEAR GRADUATES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brian Mitchell Director/chair | 20 | $0 | |
Lydia Logan Director/vice Chair | 1 | $0 | |
Arthur Rothkopf Chair Emeritus | 1 | $0 | |
Margot Tyler Director | 1 | $0 | |
Brian Mitchell Director/chair | 20 | $0 | |
Lydia Logan Director/vice Chair | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $16,235 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | -$341 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $15,894 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $5,952 |
Occupancy, rent, utilities, and maintenance | $1,164 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $11,488 |
Total expenses | $18,604 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |