Connecticut · Public charity
Prea Foundation Inc
The mission of prea foundation, inc. Is to advance the interests and values of the institutional real estate investment community by creating opportunities for people from all backgrounds to access and excel in the industry.
- $3.2M
- Granted FY2025(still arriving)
- 5
- Grants FY2025
- 5
- Organizations funded FY2024
- 20%
- First-time grantees FY2024
- Median grant, FY2025
- $400,000
- Largest grant, FY2025
- $1,833,300
- Organizations funded a year
- 1 to 5
- FY2019 to FY2024
- States reached, FY2025
- 3
- Total assets, FY2025
- $39M
How open it is to new grantees
In FY2024, 20% of the organizations Prea Foundation Inc funded were first-time grantees, receiving 7% of its grant dollars.
New vs renewed · share of each year
In FY2024, 93% of grant dollars renewed an existing relationship; $200k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 5 | $3.2M | 20% |
| FY2024 | 5 | $2.9M | 20% |
| FY2023 | 5 | $2.5M | 20% |
| FY2022 | 4 | $1.2M | 50% |
| FY2021 | 3 | $1.1M | 33% |
| FY2020 | 2 | $725k | 50% |
| FY2019 | 1 | $100k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2025.
Top grantees
Largest recipients by total granted, FY2019 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Sponsors for Educational Opportunity Inc | $7,054,350 | 6 | 3% |
| Girls Who Invest Inc | $1,042,325 | 3 | 4% |
| The Urban Alliance Foundation Inc | $1,000,000 | 4 | 2% |
| Robert a Toigo Foundation | $949,500 | 4 | 9% |
| Basis Impact Group Foundation Inc | $920,000 | 5 | 85% |
| Urban Alliance Inc | $290,000 | 1 | n/a |
| Mortgage Bankers Association | $250,000 | 1 | 0% |
| Real Estate Executive Council Foundation | $200,000 | 1 | 69% |
About Prea Foundation Inc
- How much does Prea Foundation Inc give?
- Prea Foundation Inc reported 5 grants totaling $3,223,273 in its FY2025 IRS filing. It funded between 1 and 5 organizations a year over FY2019 to FY2024.
- What does Prea Foundation Inc fund?
- By grant dollars over FY2019 to FY2025, its largest causes are Education (71%), Employment (20%), Community Improvement (7%).
- Who are Prea Foundation Inc's largest grantees?
- By total granted over FY2019 to FY2025: Sponsors for Educational Opportunity Inc ($7.1M), Girls Who Invest Inc ($1.0M), The Urban Alliance Foundation Inc ($1.0M).
- Does Prea Foundation Inc fund new organizations?
- In FY2024, 20% of the organizations it funded were first-time grantees.
- Where is Prea Foundation Inc based?
- Prea Foundation Inc is based in CT.
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