Education Development Center Inc
Education Development Center Inc (EDC) is a global nonprofit organization headquartered in Waltham, Massachusetts. Founded in 1958, EDC is a 501(c)(3) public charity that designs, implements, and evaluates programs to improve education, health, and economic opportunity worldwide. The organization operates 250 projects across 30 countries and employs approximately 781-1,156 staff members.
Financial Overview
From 2024 IRS Form 990-PF · View filing
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
Mission & Focus Areas
EDC's mission is to work with partners worldwide to advance every person's journey to learn, work, and be well. The organization serves as a catalyst for community-led initiatives that promote sustainable change and advance solutions to pressing global challenges.
Primary focus areas include:
- Education development and improvement
- Health promotion and care
- Workforce preparation
- Communications technologies
- Civic engagement
- Economic opportunity
The organization's work spans education research, public policy analysis, and educational services.
Grantmaking
EDC functions as both a grant recipient and grant-making organization. According to recent financial data:
Ready to take the next step with Education Development Center Inc?
Geographic Focus
Where this funder awards grants
EDC operates in 97 countries globally, with particular presence in India, Iran, Pakistan, Egypt, and the Philippines. The organization maintains significant operations in the United States while managing international development initiatives worldwide.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2024):
- Total assets: $123,981,044
- Total revenues: $210,774,465
- Total expenses: $200,093,700
- Total giving: $37,858,148
- Number of employees: 781
Historical Asset Growth:
- 2023: $116,911,673
- 2022: $79,029,805
- 2021: $70,787,173
- 2020: $65,926,072
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- President and Chief Executive Officer: David Offensend
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Liesbet Steer Ret May 1 2024 | President and CEO | 40 | $418,064 |
| Cheryl Hoffmann-Bray | C.F.O., C.C.O., Sr. V.P.,Treasurer | 40 | $359,020 |
| Cindy Taylor | Sr. V.P. U.S. Division | 40 | $330,626 |
| Siobhan Murphy | Interim President and CEO eff May 2 2024 | 40 | $337,017 |
| Nancy Devine | Sr. V.P., International Development Division | 40 | $334,696 |
| Christine Filosa | Sr. V.P., General Counsel, Corporate Secretary | 40 | $310,205 |
| Shelley Pasnik | Senior Vice President | 40 | $285,659 |
| Aidan Patrick Egan | Chief of Party | 40 | $299,963 |
| Andrew Lewis | Chief of Party | 40 | $287,192 |
| Thomas Rielly | Vice President, Director of Operations | 40 | $265,230 |
| Rebecca Stoeckle | Senior Vice President | 40 | $251,002 |
| Kate Hughes | Director & Interim Chief Human Resources Officer | 40 | $225,028 |
| Sarita Pillai | Sr Vice President, Portfolio Leader | 40 | $223,822 |
| Anne Bryant | Trustee, Emeritus (non-voting) | 0.4 | — |
| Judy Codding | Trustee, Emeritus (non-voting) | 0.4 | — |
| Paul Hofmann | Trustee, Emeritus, non-voting | 0.4 | — |
| William MacArthur | Trustee, Emeritus (non-voting) | 1.3 | — |
| Nyagaka Ongeri | Trustee | 2.1 | — |
| Robert Peirce | Trustee, Emeritus (non-voting) | 0.4 | — |
| Linda Roberts | Trustee, Emeritus (non-voting) | 1 | — |
| Vivien Stewart | Trustee, Emeritus, (non-voting) | 0.4 | — |
| Gail Wickes | Trustee, Emeritus, (non-voting) | — | — |
| Ciara Burnham | Trustee, Chair | 6.3 | — |
| David Byer | Trustee | 3 | — |
| Bill Hughes | Trustee | 1.5 | — |
| Philip Daro | Trustee | 1.5 | — |
| Garth Graham | Trustee, Emeritus (non-voting) | — | — |
| Iqbal Mamdani | Trustee | 2 | — |
| Isabelle Hau | Trustee | 2.3 | — |
| Darshak Shah | Trustee | 1.9 | — |
| Paul Massey | Trustee | 3.4 | — |
| Sneha Shah | Trustee | 1.9 | — |
| Maia Sharpley | Trustee | 2.6 | — |
| Cynthia King Vance | Trustee | 3.8 | — |
| Vijay Kumar | Trustee Emeritus (non-voting) | — | — |
Recent Activity
Recent developments and announcements
EDC has undertaken several strategic initiatives in recent years:
Launched an updated strategic vision with four "ambitions" to better communicate organizational work to diverse audiences
Continued investment in three Strategic Innovation Fund (SIF) initiatives:
**World Out Work (OWOW)**: Promoting development of green and blue jobs for youth
**Inspiring Climate Action Now (ICAN)**: Testing early grade science and climate education work
**Mental Health Now**: Digitization and piloting of mental health curriculum developed for youth
EDC Chosen by CDC to Lead New Initiative on Improving Health in Out-of-SchoolThe International Development Division expanded its work in 2024 to ensure strategic communication of initiatives across global operations.
Related Funders
Similar funders by location and focus area
Charles J Tasker Memorial Scholarship Fund
HANOVER, MA
Assets
$98K
Grants
1
Total Given
$8K
Marshall M & Barbara J Sloane Pvt Found
CHESTNUT HILL, MA
Assets
$1.2M
Grants
11
Total Given
$75K
John J Mcardle Iii & Joan C Mcardle
ANDOVER, MA
Assets
$1.8M
Grants
13
Total Given
$205K
Massachusetts Association of Realtors
FOXBOROUGH, MA
Assets
$18.1M
Grants
2
Total Given
$71K
Communities for Restorative Justice
BOSTON, MA
Assets
$524K
Grants
1
Total Given
$61K
Hingham Historical Society Inc
HINGHAM, MA
Assets
$7.4M
Grants
1
Total Given
$10K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Education Development Center Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities