Institute For Responsible Citizenship Inc

Organization Overview

Institute For Responsible Citizenship Inc is located in Washington, DC. The organization was established in 2001. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Institute For Responsible Citizenship Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Responsible Citizenship 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, Institute For Responsible Citizenship Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 16.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE INSTITUTE OFFERS CLASSES, INTERNSHIPS, ETC. TO EXCEPTIONAL MINORITY MALE COLLEGE STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE INSTITUTE FOR RESPONSIBLE CITIZENSHIP PREPARES HIGH-ACHIEVING MINORITY MALE COLLEGE STUDENTS FOR SUCCESSFUL AND RESPONSIBLE CITIZENSHIP. OUR SCHOLARS COMPLETE RIGOROUS ACADEMIC SEMINARS IN GOVERNMENT AND ECONOMICS, WORK AT HIGH-LEVEL INTERNSHIPS IN THEIR FIELDS OF INTEREST, AND PARTICIPATE IN LECTURES, SEMINARS, AND ROUND TABLE DISCUSSIONS WITH SOME OF THE NATION'S MOST PROMINENT PUBLIC AND PRIVATE SECTOR LEADERS. THE SCHOLARS PARTICIPATE IN INTENSIVE SESSIONS IN WASHINGTON, DC DURING THE SUMMERS BEFORE THEIR JUNIOR AND SENIOR YEARS OF COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
William A Keyes V
Vice Chairma
$21,000
Kendrick F Ashton Jr
Chairman
$0
John M Murdock
Treasurer
$0
Elijah Heyward III
Secretary
$0
Pleasant Brodnax
Trustee
$0
Eric B Dezenhall
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $53,758
All other contributions, gifts, grants, and similar amounts not included above$2,425,775
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,479,533
Total Program Service Revenue$0
Investment income -$17,152
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 $2,462,381

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Institute For Responsible Citizenship Inc has recieved totaling $1,141,750.

Awarding OrganizationAmount
Diana Davis Spencer Foundation

Bethesda, MD

PURPOSE: TOWARDS GENERAL PROGRAM SUPPORT

$500,000
Foundation For The Carolinas

Charlotte, NC

PURPOSE: CHARITABLE GIFT

$360,000
Select Equity Group Foundation

New York, NY

PURPOSE: SEG SCHOLARS

$150,000
Lookout Foundation Inc

Atlanta, GA

PURPOSE: GENERAL FUND

$100,000
Select Equity Group Foundation

New York, NY

PURPOSE: MATCHING GIFT

$25,000
William Penn Foundation

Philadelphia, PA

PURPOSE: GENERAL SUPPORT

$5,000
View Grant Recipient Profile

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