Education Development Center Inc

WALTHAM, MA EIN: 04-2241718 Website

Education Development Center, Inc. (EDC), is a global nonprofit organization that advances lasting solutions to improve education, promote health, and expand economic opportunity. Since 1958, we have been a leader in designing, implementing, and evaluating powerful and innovative programs in more than 80 countries around the world.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$124.0M

+6.0% YoY

Annual Giving

$13.5M

+2.0% YoY

Grant Count

81

+12.5% YoY

Avg Grant Size

$167K

-9.3% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$58M$116M$174M$232M20202021202220232024
Metric202420232022
Total Assets$123,981,044$116,911,673$79,029,805
Revenue$210,774,465$201,501,966$186,746,637
Expenses$200,093,700$192,639,833$176,323,825
Qualifying Distributions
Net Investment Income$1,971,356$1,062,731$182,384
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$7M$10M$14M62 grants202085 grants202199 grants202272 grants202381 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Georgetown University$2.7MJames Bell Associates$840KLA Promise Fund$785KUniversity of California…$514KLiteracy Partners Inc$416KNortheastern University$415KUniversity of Southern F…$410KColumbia University$367KBank Street College of E…$350KBay State Community Serv$298K

Grant Size Distribution

399 grants across all recorded years

156<$50K88$50–100K110$100–250K31$250–500K9$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Education Development Center Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Liesbet Steer Ret Ma…President and CEO$418KCheryl Hoffmann-BrayC.F.O., C.C.O., Sr. V.P.,Tre…$359KSiobhan MurphyInterim President and CEO ef…$337KNancy DevineSr. V.P., International Deve…$335KCindy TaylorSr. V.P. U.S. Division$331KChristine FilosaSr. V.P., General Counsel, C…$310KAidan Patrick EganChief of Party$300KAndrew LewisChief of Party$287KShelley PasnikSenior Vice President$286KThomas RiellyVice President, Director of …$265KRebecca StoeckleSenior Vice President$251KKate HughesDirector & Interim Chief Hum…$225KSarita PillaiSr Vice President, Portfolio…$224K

From 2024 filing

NameTitleHoursCompensation
Liesbet Steer Ret May 1 2024President and CEO40$418,064
Cheryl Hoffmann-BrayC.F.O., C.C.O., Sr. V.P.,Treasurer40$359,020
Cindy TaylorSr. V.P. U.S. Division40$330,626
Siobhan MurphyInterim President and CEO eff May 2 202440$337,017
Nancy DevineSr. V.P., International Development Division40$334,696
Christine FilosaSr. V.P., General Counsel, Corporate Secretary40$310,205
Shelley PasnikSenior Vice President40$285,659
Aidan Patrick EganChief of Party40$299,963
Andrew LewisChief of Party40$287,192
Thomas RiellyVice President, Director of Operations40$265,230
Rebecca StoeckleSenior Vice President40$251,002
Kate HughesDirector & Interim Chief Human Resources Officer40$225,028
Sarita PillaiSr Vice President, Portfolio Leader40$223,822
Anne BryantTrustee, Emeritus (non-voting)0.4
Judy CoddingTrustee, Emeritus (non-voting)0.4
Paul HofmannTrustee, Emeritus, non-voting0.4
William MacArthurTrustee, Emeritus (non-voting)1.3
Nyagaka OngeriTrustee2.1
Robert PeirceTrustee, Emeritus (non-voting)0.4
Linda RobertsTrustee, Emeritus (non-voting)1
Vivien StewartTrustee, Emeritus, (non-voting)0.4
Gail WickesTrustee, Emeritus, (non-voting)
Ciara BurnhamTrustee, Chair6.3
David ByerTrustee3
Bill HughesTrustee1.5
Philip DaroTrustee1.5
Garth GrahamTrustee, Emeritus (non-voting)
Iqbal MamdaniTrustee2
Isabelle HauTrustee2.3
Darshak ShahTrustee1.9
Paul MasseyTrustee3.4
Sneha ShahTrustee1.9
Maia SharpleyTrustee2.6
Cynthia King VanceTrustee3.8
Vijay KumarTrustee Emeritus (non-voting)

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

35states
+28 more states

Cities

AdelphiAlexandriaAmesAmherstArlingtonAtlantaAuburnBaltimoreBel AirBellaireBerkeleyBostonBoylstonBrightonBristolBrooklynBuffaloBurlingtonCalvertonCambridge

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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