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Washington, D.C. · Nonprofit

KYIV SCHOOL OF ECONOMICS

KYIV SCHOOL OF ECONOMICS (Washington, D.C.) receives grants from 22 organizations whose IRS filings report $88,217,671 to it, the largest being VANGUARD CHARITABLE ENDOWMENT PROGRAM ($50,543,000). 8 of them have funded it in more than one year, and 95% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$52M
Funders on record
22
Grants received
$88M
Net assets
$51M
8/22 repeat funderspeak grant-dependency 43%
01What it does

What Kyiv School of Economics does

Mission

Kyiv School of Economics forges links between economics, academics and government deicision makers to strengthen and develop sound economic policy in Ukraine and all areas of FSU. Provide Citize of Ukraine chartitable aid and assistance to overcome ravages of war in Ukraine.

As stated on its FY2024 Form 990.

Programs

  1. Provide charitable aid and assistance to the citizens, organizations and students of Ukraine, to overcome the ravages of war and to provide for their general humanitarian needs.

    $23,200,340 spentof which $21,047,967 as grants
    86% of program spending
  2. English language bachelor and masters program in economics, public policy, it, math, management and engineering.

    $3,333,132 spentof which $1,300,014 as grants$1,302,410 earned by the program
    12% of program spending
  3. Economic and Social research on various subject.

    $396,364 spentof which $135,066 as grants
    1% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $26,929,836.

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 ($1.6M) Expenses 100 ($1.4M) Net assets 100 ($418k)2018 Revenue 110 ($1.7M) Expenses 134 ($1.8M) Net assets 77 ($322k)2019 Revenue 159 ($2.5M) Expenses 216 ($2.9M) Net assets -43 ($-180542)2020 Revenue 150 ($2.3M) Expenses 192 ($2.6M) Net assets -86 ($-361205)2021 Revenue 290 ($4.5M) Expenses 303 ($4.1M) Net assets 2 ($7k)2022 Revenue 3018 ($47M) Expenses 2423 ($33M) Net assets 3403 ($14M)2023 Revenue 3398 ($53M) Expenses 2512 ($34M) Net assets 7830 ($33M)2024 Revenue 3328 ($52M) Expenses 2501 ($34M) Net assets 12120 ($51M)
'17'18'19'20'21'22'23'24
Revenue (3328)Expenses (2501)Net assets (12120)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 2023 to 2024, from $34M to $55M (+60%).

$865k
$696k
$615k
$465k
$3.0M
$15M
$34M
$55M
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

90% of KYIV SCHOOL OF ECONOMICS’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$202k
’17
−$95k
’18
−$448k
’19
−$264k
’20
$412k
’21
$14M
’22
$19M
’23
$18M
’24
15
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.

Chief executive

Michael Shneider

CEO

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1415161720212125
Joined·+4+2+5+5+3+1+9
No longer listed·3142215
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 11 funders, grant income rose $25k → $23M.

8 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 95% 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 KYIV SCHOOL OF ECONOMICS’s funders (the co-funder graph). 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

KYIV SCHOOL OF ECONOMICS leans on a few funders — its largest provides 57% of grant income and the top three 94%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% 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 KYIV SCHOOL OF ECONOMICS.

57%
largest funder
94%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2022 43% · 2023 67% — 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.

Where its funders are

95% of KYIV SCHOOL OF ECONOMICS's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $4.0M that is directly attributable, 100% of it comes from funders outside Washington, D.C., across 12 states.

IL
NY
MA
NV
PA
NJ
CA
UT
VA
MD
DE
NC

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

’17
’22
’23
Washington, D.C. out of state home

Funder states come from each funder’s own filing. $84M 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.

04Its place in the field

Against its field

KYIV SCHOOL OF ECONOMICS runs a healthier operating margin than three-quarters of the 4,064 education nonprofits its size.

Operating margin35% · top quartile
Months of reserve15.4mo · top quartile
Revenue growth (annualized)65% · top quartile

this organization peer median middle 50% of peers· 4,064 education nonprofits $10M–$100M, FY2024

Organizations like KYIV SCHOOL OF ECONOMICS

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 Washington, D.C.

Nationally

05Profile & governance

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

Where the money goes

80% of spending goes to programs.

Program 80%Management 15%Fundraising 6%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 5 related entities

  • Kse Charitable Foundation · disregarded
  • Kyiv Schoool of Economics Universit · disregarded
  • Brologistik LLC · disregarded
  • Kyiv School of Economics in Riga · disregarded
  • LLC KSE Engineering · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for KYIV SCHOOL OF ECONOMICS: 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 KYIV SCHOOL OF ECONOMICS?
KYIV SCHOOL OF ECONOMICS (Washington, D.C.) receives grants from 22 organizations whose IRS filings report $88,217,671 to it, the largest being VANGUARD CHARITABLE ENDOWMENT PROGRAM ($50,543,000). 8 of them have funded it in more than one year, and 95% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does KYIV SCHOOL OF ECONOMICS have?
IRS filings report 22 organizations giving $88,217,671 in grants to KYIV SCHOOL OF ECONOMICS, 8 of which have funded it in more than one year.
Who is the largest funder of KYIV SCHOOL OF ECONOMICS?
VANGUARD CHARITABLE ENDOWMENT PROGRAM is the largest funder on record, with $50,543,000 in grants. The full list of funders is on this page.
How can an organization like KYIV SCHOOL OF ECONOMICS find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Kyiv School of Economics →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 22 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 14, 2026. What this page cannot tell you · view filing