Axim Collaborative Inc logo

Axim Collaborative Inc

Foundation · Grantmaker Cambridge, MA EIN: 46-0807740 Website

Axim Collaborative Inc is a public charity based in Cambridge, Massachusetts, and a joint endeavor of Harvard and MIT. The successor to edX, launched by the universities in 2012, it supports partnerships and digital education initiatives intended to improve student success and connect education with career opportunities.

Key facts about Axim Collaborative Inc

In short: Axim Collaborative Inc gave $9.3M across 22 grants in 2025 (avg $425K), top state District of Columbia. Source: 2025 IRS Form 990.

EIN
46-0807740
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$9,345,625
Grants made (2025)
22
Average grant
$424,801
Median grant
$424,313
Total assets
$808,189,361
Primary geography
District of Columbia (30% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$808.2M

+7.8% YoY

Annual Giving

$9.3M

+45.9% YoY

Grant Count

22

+69.2% YoY

Avg Grant Size

$425K

-13.8% YoY

How Axim Collaborative Inc gives

  • 5% of 2025 grantees were also funded in 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

Axim states that its mission is to make learning more accessible, relevant, and effective for all learners. It aims to transform education-to-work pathways through collaboration and innovation, and to support digital and educational practices that help students persist in their programs and advance in their careers.

The organization says it works with broad-access institutions and other partners to support students historically marginalized or underserved by the education system. Its activities include grantmaking, convenings, collaboration, research, and support for the Open edX platform. Axim’s 2025 projects include work on AI-powered advising and career navigation, direct admissions, career-connected assessments, online learner belonging, and student support.

Examples of 2025 grantees illustrate the range of organizations it has supported. UNCF says its mission is to build a pipeline of underrepresented college graduates and strengthen its member institutions. The SUNY Impact Foundation says it supports scaling initiatives for student access, retention, completion, and career readiness across the SUNY system. DataKind describes its work as using data science and AI to strengthen social-impact organizations, while Braven says it equips college students with skills and networks for strong economic opportunities. These are the grantees’ stated missions.

Grantmaking

In filing year 2025, Axim reported 22 grants totaling $9,345,625. Grant amounts ranged from $32,000 to $1,000,000, with a median of $424,312. The filing states that a dedicated program team reviews potential grants against mission-aligned criteria; grants that meet internal criteria advance to the board. Approved grants are documented in written agreements, and the team meets with grantees during and after funded activities to assess progress.

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Geographic Focus

Where this funder awards grants

Axim’s 2025 grant dollars went to recipients in several states and the District of Columbia. The largest reported shares were DC (30%), New York (20%), Massachusetts (18%), Indiana (12%), and Michigan (6%).

Grant Distribution by State

13states

Share of all 22 itemized 2025 grant dollars.

Cities

WashingtonNew YorkCambridgeSpringfieldBostonAnn ArborAtlantaBainbridge IslandBaltimoreBrooklynChicagoElyriaHaverhillHolyokeIndianapolisIndianpolisOlympiaPittsburghSanta ClaritaTempe

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5M$5M$7.5M$10MTotal only2020Total only20210 grants20222 grants202313 grants202422 grants2025

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Credlens LLC: $1.0MCredlens LLC$1.0MUnited Negro College Fund Inc: $1.0MUnited Negro College Fund Inc$1.0MSuny Impact Foundation Inc: $841KSuny Impact Foundation Inc$841KRegents of the University of Michigan: $606KRegents of the University ofMichigan$606KBraven Inc: $600KBraven Inc$600KDatakind Inc: $600KDatakind Inc$600KDepartment of Higher Education: $600KDepartment of Higher Education$600KIvy Tech Community College Foundation: $600KIvy Tech Community CollegeFoundation$600KTresearch: $600KTresearch$600KDigital Harbor Foundation: $500KDigital Harbor Foundation$500K

Grant Size Distribution

37 grants across all recorded years

3<$50K1$50–100K6$100–250K7$250–500K17$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
CREDLENS LLC Washington, DCGRANT$1,000,000
UNITED NEGRO COLLEGE FUND INC Washington, DCGRANT$1,000,000
SUNY IMPACT FOUNDATION INC New York, NYGRANT$840,780
REGENTS OF THE UNIVERSITY OF MICHIGAN Ann Arbor, MIGRANT$606,220
BRAVEN INC Chicago, ILGRANT$600,000
DATAKIND INC Brooklyn, NYGRANT$600,000
DEPARTMENT OF HIGHER EDUCATION Boston, MAGRANT$600,000
IVY TECH COMMUNITY COLLEGE FOUNDATION Indianpolis, INGRANT$600,000
TRESEARCH Washington, DCGRANT$600,000
DIGITAL HARBOR FOUNDATION Baltimore, MDGRANT$500,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $808,189,361 $24,955,259 $23,773,479 $9,345,625
2024 $749,791,928 $30,144,489 $16,928,111 $6,404,235
2023 $734,942,016 $15,380,878 $9,203,446 $951,821
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250M$500M$750M$1B202020212022202320242025
Metric202520242023
Total Assets$808,189,361$749,791,928$734,942,016
Revenue$24,955,259$30,144,489$15,380,878
Expenses$23,773,479$16,928,111$9,203,446
Qualifying Distributions———
Net Investment Income$24,808,107$30,135,217$15,195,736
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
  5. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Cynthia Barnhart and John Manning as co-chairs. Trustees listed on that filing are Alan Spoon, Bharat Anand, Bridget Terry Long, Katherine Hammer, Meredith Weenick, and Dimitris Bertsimas (incoming); W. Eric Grimson is listed as outgoing trustee. Nell Ma’luf is listed as clerk and general counsel. Axim’s website names Stephanie Khurana as chief executive officer.

Axim Collaborative Inc is led by Stephanie Khurana, President & CEO on every filing since 2024; 12 of 21 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Stephanie Khurana

    President & CEO

    On filings since 2024

    50 hrs/week

    $397K (2024) → $538K (2025)

  • Alan Spoon

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Bharat Anand

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Bridget Terry Long

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Katherine Hammer

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Meredith Weenick

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • W Eric Grimson

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Dimitris Bertsimas

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Catherine Smith

    Chief People & Partnerships Officer

    On filings since 2024

    50 hrs/week

    $311K (2024) → $270K (2025)

  • David Ormsbee

    Software Architect

    On filings since 2024

    50 hrs/week

    $220K (2024) → $221K (2025)

  • Edward Zarecor

    Vice President & Engineering

    On filings since 2024

    50 hrs/week

    $317K (2024) → $326K (2025)

  • Feanil Patel

    Software Architect

    On filings since 2024

    50 hrs/week

    $223K (2024) → $216K (2025)

  • Jenna Makowski

    Senior Product Manager

    On filings since 2024

    50 hrs/week

    $172K (2024) → $207K (2025)

  • Nell Ma'luf

    Clerk & General Counsel

    On filings since 2024

    50 hrs/week

    $425K (2024) → $430K (2025)

  • Peter Brau

    Treasurer & Chief Financial Officer

    On filings since 2024

    50 hrs/week

    $349K (2024) → $350K (2025)

  • Philipp Schmidt

    Vice President & Technology Innovation

    On filings since 2024

    50 hrs/week

    $264K (2024) → $316K (2025)

  • Sarina Canelake

    Engineering Manager

    On filings since 2024

    50 hrs/week

    $201K (2024) → $204K (2025)

  • Stephanie Miller

    Vice President, Data & Impact

    New on the 2025 filing

    50 hrs/week

    $265K (2025)

  • Tycho Hob

    Platform Architect & Data

    New on the 2025 filing

    50 hrs/week

    $219K (2025)

  • Cynthia Barnhart

    Co-Chair

    On filings since 2024

    2 hrs/week

    No compensation reported

  • John Manning

    Co-Chair

    On filings since 2024

    2 hrs/week

    No compensation reported

Former officers (3)
  • Former: Alan Garber (2024) — Co-Chair
  • Former: Brian Mesick (2024) — Platform Architect
  • Former: Glen Shor (2024) — Trustee

Data from IRS Form 990 filings, 2024–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Stephanie Khurana — President and CEO: $538KStephanie KhuranaPresident and CEO$538KNell Ma'luf — Clerk and General Counsel: $430KNell Ma'lufClerk and General Counsel$430KPeter Brau — Treasurer and Chief Financial Officer: $350KPeter BrauTreasurer and Chief Financial…$350KEdward Zarecor — VP, Engineering: $326KEdward ZarecorVP, Engineering$326KPhilipp Schmidt — VP, Technology Innovation: $316KPhilipp SchmidtVP, Technology Innovation$316KCatherine Smith — Chief People and Partnerships Officer: $270KCatherine SmithChief People and Partnerships…$270KStephanie Miller — VP, Data and Impact: $265KStephanie MillerVP, Data and Impact$265KDavid Ormsbee — Software Architect: $221KDavid OrmsbeeSoftware Architect$221KTycho Hob — Platform Architect, Data: $219KTycho HobPlatform Architect, Data$219KFeanil Patel — Software Architect: $216KFeanil PatelSoftware Architect$216KJenna Makowski — Senior Product Manager: $207KJenna MakowskiSenior Product Manager$207KSarina Canelake — Engineering Manager: $204KSarina CanelakeEngineering Manager$204K

Contact

Mailing address: One Broadway 14Th Floor, Cambridge, MA 02142
Phone: (508) 834-9891
Website: https://axim.org

Frequently asked questions about Axim Collaborative Inc

How much does Axim Collaborative Inc give each year?

Axim Collaborative Inc gave $9.3M across 22 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $6.4M across 13 grants.

What is Axim Collaborative Inc's typical grant size?

Axim Collaborative Inc's median grant in 2025 was $424,313, and its average grant was $424,801, across 22 grants on its 2025 IRS Form 990.

Where does Axim Collaborative Inc give grants?

Axim Collaborative Inc's top state is District of Columbia, with 30% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were New York (20%) and Massachusetts (18%). The most frequent recipient cities were Washington, DC (4 grants), New York, NY (3 grants) and Springfield, MA (3 grants).

Does Axim Collaborative Inc give general operating support?

Not in 2025: none of the 22 grants with a stated purpose on Axim Collaborative Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Grant" (22 grants).

Who are Axim Collaborative Inc's largest grantees?

Axim Collaborative Inc's largest 2025 grantees include Credlens LLC ($1,000,000), United Negro College Fund Inc ($1,000,000) and Suny Impact Foundation Inc ($840,780), according to its 2025 IRS Form 990. Together they received 30% of its itemized 2025 grant dollars.

How large is Axim Collaborative Inc?

Axim Collaborative Inc reported $808.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $25.0M.

What does Axim Collaborative Inc fund?

Axim states that its mission is to make learning more accessible, relevant, and effective for all learners. It aims to transform education-to-work pathways through collaboration and innovation, and to support digital and educational practices that help students persist in their programs and advance in their careers. The organization says it works with broad-access institutions and other partners to support students historically marginalized or underserved by the education system. Its activities…

How do I apply for a grant from Axim Collaborative Inc?

In filing year 2025, Axim reported 22 grants totaling $9,345,625. Grant amounts ranged from $32,000 to $1,000,000, with a median of $424,312. The filing states that a dedicated program team reviews potential grants against mission-aligned criteria; grants that meet internal criteria advance to the board. Approved grants are documented in written agreements, and the team meets with grantees during and after funded activities to assess progress. Notable 2025 grants included $1,000,000 each to CRE…

What is Axim Collaborative Inc's EIN?

Axim Collaborative Inc's EIN (Employer Identification Number) is 46-0807740. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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