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Rhode Island · Public charity

College Unbound

COLLEGE UNBOUND's mission is to reinvent higher education for underrepresented returning adult learners, using a model that is individualized, interest-based, project driven, workplace-enhanced, cohort-supported, flexible, supportive, and affordable.

$1.5M
Granted FY2023
2
Itemized grants FY2023
2
Organizations funded FY2023
50%
First-time grantees FY2023
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Itemized, FY2023
$229k
The rest is grants the schedule does not break out
Median grant, FY2023
$150,000
Largest grant, FY2023
$150,000
Organizations funded a year
1 to 2
FY2022 to FY2023
States reached, FY2023
2
Total assets, FY2023
$4.8M

How open it is to new grantees

In FY2023, 50% of the organizations College Unbound funded were first-time grantees, receiving 34% of its grant dollars.

The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20232$229k50%
FY20221$135kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2022 to 2023.

Employment$229kEducation$135k

Top grantees

Largest recipients by total granted, FY2022 to FY2023, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Peer 2 Peer University Inc$285,000240%
Equity Institute$78,9151n/a

Compare College Unbound with peer funders

About College Unbound

How much does College Unbound give?
College Unbound reported 2 itemized grants totaling $228,915, out of $1,498,301 in total grant expense reported on the return in its FY2023 IRS filing. It funded between 1 and 2 organizations a year over FY2022 to FY2023.
What does College Unbound fund?
By grant dollars over FY2022 to FY2023, its largest causes are Employment (63%), Education (37%).
Who are College Unbound's largest grantees?
By total granted over FY2022 to FY2023: Peer 2 Peer University Inc ($285k), Equity Institute ($79k).
Does College Unbound fund new organizations?
In FY2023, 50% of the organizations it funded were first-time grantees.
Where is College Unbound based?
College Unbound is based in RI.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 2 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2023, released 2023. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2025) is on record and reports $1.0M of grant expense, but none of it to a named recipient. On a Form 990 that can mean grants abroad, filed by region only (Schedule F), grants under $5,000, which are not itemized, or a schedule referenced as an attachment the e-file does not carry. The figures above are therefore from FY2023, the most recent year this funder named its grantees.

Source object · view filing

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