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.
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
Share of all 22 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CREDLENS LLC Washington, DC | GRANT | $1,000,000 |
| UNITED NEGRO COLLEGE FUND INC Washington, DC | GRANT | $1,000,000 |
| SUNY IMPACT FOUNDATION INC New York, NY | GRANT | $840,780 |
| REGENTS OF THE UNIVERSITY OF MICHIGAN Ann Arbor, MI | GRANT | $606,220 |
| BRAVEN INC Chicago, IL | GRANT | $600,000 |
| DATAKIND INC Brooklyn, NY | GRANT | $600,000 |
| DEPARTMENT OF HIGHER EDUCATION Boston, MA | GRANT | $600,000 |
| IVY TECH COMMUNITY COLLEGE FOUNDATION Indianpolis, IN | GRANT | $600,000 |
| TRESEARCH Washington, DC | GRANT | $600,000 |
| DIGITAL HARBOR FOUNDATION Baltimore, MD | GRANT | $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 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
- 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
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.
Here's the math on researching Axim Collaborative Inc by hand.
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