Massachusetts · Nonprofit
EDVESTORS INC
EDVESTORS INC (Massachusetts) receives grants from 62 organizations whose IRS filings report $29,267,236 to it, the largest being JPMORGAN CHASE FOUNDATION ($7,500,000). 46 of them have funded it in more than one year.
- Revenue FY2025
- $3.3M
- Funders on record
- 62
- Grants received
- $29M
- Net assets
- $4.1M
What Edvestors Inc does
Mission
Edvestors was founded in 2002 as a platform to connect boston philanthropists with the city's public schools by identifying, shaping, and matching donors with promising school improvement efforts. (see schedule o)
As stated on its FY2025 Form 990.
Programs
Boston public schools arts expansion - a multi-year collaborative effort to expand equitable access to quality arts learning experiences for all students in boston public schools (bps). (continued on schedule o) this public-private partnership involves a large and coordinated network of partners, including schools, arts institutions, teaching artists, and funders, among others. As a result of this public-private partnership, 17,000 more students annually receive arts education as compared with more than a decade ago and our private investment has leveraged a 5:1 return of increased bps district budget investment for arts education. Edvestors is the lead implementation partner for bps arts expansion. In 2019, edvestors partnered with bloomberg philanthropies to bring the bloomberg arts internship to boston, providing high school students with summer internships at the city's foremost cultural institutions and organizations.
$2,225,336 spentof which $508,400 as grants44% of program spendingEdvestors' mathematics program (also known as zeroing in on math) has a goal of improving the mathematics educational experiences and outcomes of students in boston public schools, with a specific aim of advancing equity in mathematics. (continued on schedule o)through this work, teachers, students, and administrators are engaged to advance teaching, learning, and curricular improvements. Over the years, results have shown that students have benefited with increased assessment outcomes and teachers have reported greater competencies in teaching mathematics. Moving forward, edvestors will build on these accomplishments while working toward system-level impact driven by the connectedness of our school-based work, district-level partnerships, and external collaborations.
$325,335 spentof which $60,500 as grants6% of program spendingCareer pathways - aims to increase the number of boston students who progress through career pathways that are engaging and relevant, address community needs, and prepare young people to enter meaningful careers. Through the career pathways initiative, edvestors helps high schools and the district to plan and provide quality career education experiences for more boston students, enabling them to develop the skills needed to identify, navigate towards, and realize their college and career readiness goals.
$1,663,264 spentof which $93,000 as grants33% of program spendingOther program services include the school on the move prize, racial equity seed fund, and other programmatic expenses. The school on the move prize is boston's premier award for boston public schools. The annual prize includes a monetary award to one of bps' most rapidly improving schools, with smaller grants to the two finalists. The prize also comes with public recognition and the opportunity for the winning school to document and share their successful improvement strategies to inform the work of educators. Through the racial equity seed fund, edvestors supports a cohort of schools each year to provide schools with the opportunity to create an action-based learning community that implements, tests, and scales solutions to advance racial equity in compliance with federal and state law.
$821,871 spentof which $155,168 as grants16% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,035,806.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $3.4M to $6.7M (+98%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 4% · 2023 1% · 2024 2% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.
95% of EDVESTORS INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Marinell Rousmaniere
President & CEO
Board chair
Myran Parker-Brass
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 11 funders to 32 funders, grant income rose $1.6M → $5.0M.
9 of 62 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 22% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of EDVESTORS INC’s funders (the co-funder graph). Top 30 of 62 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
EDVESTORS INC has a broad base — no single funder exceeds 26% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
Largest funder’s share by year: 2017 42% · 2018 37% · 2019 38% · 2020 39% · 2021 36% · 2022 31% · 2023 32% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
60% of EDVESTORS INC's funders are still giving 3 years after their first grant; 74% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
EDVESTORS INC draws 56% of its grant income from funders outside Massachusetts, across 12 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $6.3M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
EDVESTORS INC holds deeper cash reserves than three-quarters of the 9,615 education nonprofits its size.
this organization peer median middle 50% of peers· 9,615 education nonprofits $1M–$10M, FY2025
Government funding EDVESTORS INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $507k on record — $375k federal, $132k state.
- National Endowment for the Arts$375k
- (PP) STATE AID/POL SUB$125k
- (HH) CONSULTANT SVCS (TO DEPTS)$8k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like EDVESTORS INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Public support
47%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for EDVESTORS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds EDVESTORS INC?
- EDVESTORS INC (Massachusetts) receives grants from 62 organizations whose IRS filings report $29,267,236 to it, the largest being JPMORGAN CHASE FOUNDATION ($7,500,000). 46 of them have funded it in more than one year.
- How many funders does EDVESTORS INC have?
- IRS filings report 62 organizations giving $29,267,236 in grants to EDVESTORS INC, 46 of which have funded it in more than one year.
- Who is the largest funder of EDVESTORS INC?
- JPMORGAN CHASE FOUNDATION is the largest funder on record, with $7,500,000 in grants. The full list of funders is on this page.
- How can an organization like EDVESTORS INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 62 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing