THE POSSE FOUNDATION INC
AI Summary
THE POSSE FOUNDATION INC is a nonprofit founded in 1989 that focuses on scholarships & financial aid and youth organizing, identifying public high school students with extraordinary academic and leadership potential and placing them in supportive, multicultural teams to help them pursue college success through full-tuition leadership scholarships at partner universities. In filing year 2024, it reported a $29.1M operating budget and $32.6M in total revenue, with major support from UBBEN FOUNDATION, FIDELITY NON-PROFIT MANAGEMENT FOUNDATION, and GLENN GREENBERG AND LINDA VESTER FOUNDATION INC.
Mission Statement
POSSE STARTED BECAUSE OF ONE STUDENT WHO SAID, "I NEVER WOULD HAVE DROPPED OUT OF COLLEGE IF I HAD MY POSSE WITH ME." THE POSSE FOUNDATION, FOUNDED IN 1989, IDENTIFIES PUBLIC HIGH SCHOOL STUDENTS WITH EXTRAORDINARY ACADEMIC AND LEADERSHIP POTENTIAL WHO MAY BE OVERLOOKED BY TRADITIONAL COLLEGE SELECTION PROCESSES. THE FOUNDATION EXTENDS TO THESE STUDENTS THE OPPORTUNITY TO PURSUE PERSONAL AND ACADEMIC EXCELLENCE BY PLACING THEM IN SUPPORTIVE, MULTICULTURAL TEAMS ("POSSES") OF 10 STUDENTS. THE FOUNDATION'S PARTNER UNIVERSITIES AWARD POSSE SCHOLARS FOUR-YEAR, FULL-TUITION LEADERSHIP SCHOLARSHIPS.
Cause Areas
2
Youth organizing
Scholarships & Financial Aid
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 427 funders
- 127 board & team members
- 12 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is THE POSSE FOUNDATION INC’s budget?
In 2024, THE POSSE FOUNDATION INC reported an annual operating budget of around $29.1 million. More detailed financial information is available to registered users.
What causes does THE POSSE FOUNDATION INC support?
THE POSSE FOUNDATION INC supports work in Youth organizing and Scholarships & Financial Aid.
Where does THE POSSE FOUNDATION INC operate?
THE POSSE FOUNDATION INC is headquartered in New York, NY.
Who funded THE POSSE FOUNDATION INC recently?
In 2025, THE POSSE FOUNDATION INC received grants from T ROWE PRICE PROGRAM FOR CHARITABLE GIVING INC, AMERICAN ONLINE GIVING FOUNDATION INC, and Polk Bros Foundation Inc. More information on this organization’s funders is available to registered users.
What is the largest grant THE POSSE FOUNDATION INC received in 2024?
The largest grant to THE POSSE FOUNDATION INC in 2024 exceeds $2.7 million.
What is THE POSSE FOUNDATION INC’s reliance on government grants?
THE POSSE FOUNDATION INC relied on government grants for less than 5% of their total revenue in 2024.