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Maryland · Nonprofit

FUND FOR EDUCATIONAL EXCELLENCE INC

FUND FOR EDUCATIONAL EXCELLENCE INC (Maryland) receives grants from 142 organizations whose IRS filings report $122,394,136 to it, the largest being GATES FOUNDATION ($23,713,633). 83 of them have funded it in more than one year.

Revenue FY2025
$31M
Funders on record
142
Grants received
$122M
Net assets
$31M
83/142 repeat fundersgrants exceed reported revenue in one year
01What it does

What Fund for Educational Excellence Inc does

Mission

We expand resources, identify and accelerate solutions, and recognize excellence so that all children in baltimore city public schools experience an effective and adequate education.

As stated on its FY2025 Form 990.

Programs

  1. FISCAL SPONSORSHIP - The Fund provides high-level financial and grant management expertise to a range of mission-aligned local regional nonprofit organizations and community programs. As a fiscal sponsor, we support our clients financial and human resource operations, including detailed budget management and financial reporting services, allowing organizations to focus on their programmatic goals which often include developing innovative educational reforms and expanding student access to high-quality education.

    $16,116,412 spentof which $5,380,125 as grants$2,015,030 earned by the program
    65% of program spending
  2. DISTRICT FUNDRAISING - The Fund works closely with Baltimore City Public Schools to raise and secure external investment that supports the districts highest priority needs. As a trusted partner, we help identify those needs, target potential funding sources, and provide fiscal management for those philanthropic investments. We are currently managing grant funding raised on behalf of the school district from both local and national funders.

    $7,100,900 spentof which $526,524 as grants$93,604 earned by the program
    29% of program spending
  3. ACCELERATE SOLUTIONS - With community input, The Fund identifies challenges, researches and develops recommendations, and pushes for innovative solutions to improve Baltimore City Public Schools policies, processes, and programs. We regularly publish reports that combine strong analytics with community input to address some of the most pressing problems facing our students, we provide on-demand workshops to help students and families navigate the districts school choice process for middle and high school, we partner with Baltimore City Public Schools Office of Early Learning and local providers to expand Pre-K options to 3- and 4-year olds, and run an early-childhood development program that provides parents of pre-school age children with effective parenting strategies for behavioral management and skills to support their childrens academic success.

    $1,192,458 spent$299,783 earned by the program
    5% of program spending
  4. RECOGNIZE EXCELLENCE - The Fund manages the Heart of the Schools, a year-round program that celebrates and supports Baltimore City Public School principals through grants, recognition, and events for their hard work, dedication, and positive impact on Baltimores students and communities. Created in 2016 in collaboration with local businesses, foundations, individuals, and nonprofits, the Heart of the Schools shows principals that they are appreciated, supported, and celebrated by all of Baltimore.

    $404,401 spentof which $138,296 as grants$10,403 earned by the program
    2% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $24,814,171.

02The organization over time

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.

100 = 20172017 Revenue 100 ($7.2M) Expenses 100 ($5.9M) Net assets 100 ($8.6M)2018 Revenue 134 ($9.6M) Expenses 146 ($8.7M) Net assets 114 ($9.8M)2019 Revenue 334 ($24M) Expenses 217 ($13M) Net assets 246 ($21M)2020 Revenue 254 ($18M) Expenses 314 ($19M) Net assets 243 ($21M)2021 Revenue 507 ($37M) Expenses 356 ($21M) Net assets 425 ($36M)2022 Revenue 322 ($23M) Expenses 393 ($23M) Net assets 423 ($36M)2023 Revenue 310 ($22M) Expenses 417 ($25M) Net assets 396 ($34M)2024 Revenue 296 ($21M) Expenses 462 ($27M) Net assets 326 ($28M)2025 Revenue 426 ($31M) Expenses 471 ($28M) Net assets 360 ($31M)
'17'18'19'20'21'22'23'24'25
Revenue (426)Expenses (471)Net assets (360)Peer revenue range

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 $24M to $39M (+66%).

$9.2M
$10M
$23M
$24M
$39M
$38M
$36M
$31M
$35M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 2% · 2023 14% · 2024 15% · 2025 6%. Grants only. Government contracts and fees sit inside program revenue.

89% of FUND FOR EDUCATIONAL EXCELLENCE INC’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$1.3M
’17
$975k
’18
$11M
’19
−$292k
’20
$15M
’21
−$113k
’22
−$2.4M
’23
−$6.1M
’24
$2.8M
’25
8.8
months of
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.

'17'18'19'20'21'22'23'24'25
Listed212221222428272325
Joined·+1+5+5+3+6+4+1+3
No longer listed·06412551
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 29 funders to 59 funders, grant income rose $6.5M → $18M.

19 of 142 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% 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 FUND FOR EDUCATIONAL EXCELLENCE INC’s funders (the co-funder graph). Top 30 of 142 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

FUND FOR EDUCATIONAL EXCELLENCE INC has a broad base — no single funder exceeds 19% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

26% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FUND FOR EDUCATIONAL EXCELLENCE INC.

19%
largest funder
46%
top three
~10
effective funders

Largest funder’s share by year: 2017 81% · 2018 48% · 2019 53% · 2020 33% · 2021 34% · 2022 26% · 2023 16% — 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

49% of FUND FOR EDUCATIONAL EXCELLENCE INC's funders are still giving 3 years after their first grant; 58% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

53% of FUND FOR EDUCATIONAL EXCELLENCE INC's grant income comes from Maryland funders.

ME
WA
IL
WI
MI
NY
MA
OH
PA
CT
CA
CO
MD
DE
TN
NC
DC
OK
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Maryland out of state home

Funder states come from each funder’s own filing. $12M arriving through sponsors registered in 12 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.

04Its place in the field

Against its field

FUND FOR EDUCATIONAL EXCELLENCE INC holds deeper cash reserves than three-quarters of the 3,794 education nonprofits its size.

Operating margin9% · above the median
Months of reserve8.8mo · top quartile
Revenue growth (annualized)20% · top quartile

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Government funding FUND FOR EDUCATIONAL EXCELLENCE INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.1M on record.

Federal$3.1M
grants $3.1Mcontracts $0
17
18
19
20
22
23
24
25
Top agencies
  • Corporation for National and Community Service$3.1M

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 FUND FOR EDUCATIONAL EXCELLENCE 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 Maryland

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 8%Fundraising 3%

Governance

18
board members
94%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

61%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MD

Screen this organization

A dated, signed PDF of the compliance screen for FUND FOR EDUCATIONAL EXCELLENCE 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.

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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 FUND FOR EDUCATIONAL EXCELLENCE INC?
FUND FOR EDUCATIONAL EXCELLENCE INC (Maryland) receives grants from 142 organizations whose IRS filings report $122,394,136 to it, the largest being GATES FOUNDATION ($23,713,633). 83 of them have funded it in more than one year.
How many funders does FUND FOR EDUCATIONAL EXCELLENCE INC have?
IRS filings report 142 organizations giving $122,394,136 in grants to FUND FOR EDUCATIONAL EXCELLENCE INC, 83 of which have funded it in more than one year.
Who is the largest funder of FUND FOR EDUCATIONAL EXCELLENCE INC?
GATES FOUNDATION is the largest funder on record, with $23,713,633 in grants. The full list of funders is on this page.
How can an organization like FUND FOR EDUCATIONAL EXCELLENCE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. 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 142 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