Educational Developers Inc
The entity is organized to promote, sponsor, and donate funds to educational organizations in the U.S. and latin America.
Key facts about Educational Developers Inc
In short: Educational Developers Inc gave $33.4M across 1 grant in 2024 (avg $33.4M), mostly in Georgia. Source: 2024 IRS Form 990.
- EIN
- 76-0660789
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $33,371,267
- Grants made (2024)
- 1
- Average grant
- $33,371,267
- Median grant
- $33,371,267
- Total assets
- $10,245,604
- Primary geography
- Georgia (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$10.2M
-77.4% YoY
Annual Giving
$33.4M
+353.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$33.4M
+353.1% YoY
How Educational Developers Inc gives
- Giving grew 1100% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Educational Developers Inc
Based on IRS filings
Educational Developers Inc is a public charity focused on International, Foreign Affairs & National Security, based in Houston, TX. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $10.2M in total assets. In 2024, it awarded 1 grant totaling $33.4M. Net investment income was $439K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.8M (2021) to $33.4M (2024). In 2024 it made 1 grant totaling $33.4M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Investment and Research in Edu Inc ($33.4M).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $1–5M range: 3 grants of 6 (50%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Investment and Research in Edu Inc Cumming, GA | To promote sponsor, and donate funds to educational organizations in the us and latin America | $33,371,267 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,245,604 | $45,377,106 | $13,202,833 |
| Revenue | $565,405 | $18,835,923 | $4,193,315 |
| Expenses | $33,429,340 | $7,870,568 | $4,410,893 |
| Net Investment Income | $439,399 | $18,761,538 | $-8,085 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS November 16, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 6, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 15, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Educational Developers Inc is led by John Connor, President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
John Connor
President
On filings since 2020
2 hrs/week
No compensation reported
Frank Formolo
Assistant Secretary
On filings since 2019
2 hrs/week
No compensation reported
Jesus Villagrasa
Vice President
On filings since 2019
2 hrs/week
No compensation reported
Jose G. Cardenas
Treasurer
On filings since 2019
2 hrs/week
No compensation reported
Hernan Jimenez
Vice President
On filings since 2020
2 hrs/week
No compensation reported
Luis Alberto Henao
Secretary
On filings since 2023
2 hrs/week
No compensation reported
Former officers (3)
- Former: Andreas Schoggl (2019–2022) — Secretary
- Former: Eduardo Robles-Gil (2019) — President
- Former: Sylvester Heereman (2019) — Vice President
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Educational Developers Inc
How much does Educational Developers Inc give each year?
Educational Developers Inc gave $33.4M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $7.4M across 1 grant.
How large is Educational Developers Inc?
Educational Developers Inc reported $10.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $565K.
What is Educational Developers Inc?
Educational Developers Inc is a public charity focused on International, Foreign Affairs & National Security, based in Houston, TX. It holds $10.2M in total assets as of 2024.
Where does Educational Developers Inc operate?
Educational Developers Inc has awarded grants in Georgia, Texas, Wisconsin.
What is Educational Developers Inc's EIN?
Educational Developers Inc's EIN (Employer Identification Number) is 76-0660789. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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