Edvestors Inc logo

Edvestors Inc

Public charity · Grantmaker Boston, MA EIN: 76-0794873 Website

EdVestors Inc is a public charity based in Boston, Massachusetts. It is a school improvement organization that combines strategic investments, content expertise, and collaborative implementation to drive system-level impact in Boston schools.

Edvestors Inc at a glance

In short: Edvestors Inc gave $766K across 60 grants in 2025 (avg $13K), mostly in Massachusetts. 9% of 2025 grantees were new. Source: 2025 IRS Form 990.

Annual giving (2025)
$765,700
-5.5% vs 2024
Grants made (2025)
60
-10.4% vs 2024
Average grant
$12,762
+5.6% vs 2024
Median grant
$9,000
Total assets
$6,594,643
-27.3% vs 2024
New grantees (estimate)
9% first-time grantees (3 of 34, 2025)
Primary geography
Massachusetts (96% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Edvestors Inc

Contact

Mailing address: 142 Berkeley Street 410, Boston, MA 02116
Phone: (617) 585-5740
Website: https://edvestors.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Edvestors Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Boston Education Fund (Bedf): $255K across 20 grantsBoston Education Fund (Bedf)$255K · 20 grantsEliot School of Fine and Applied Arts: $66KEliot School of Fine andApplied Arts$66KOpen Door Arts: $35K across 2 grantsOpen Door Arts$35K · 2 grantsFractured Atlas: $31K across 2 grantsFractured Atlas$31K · 2 grantsCommunity Music Center of Boston: $28KCommunity Music Center ofBoston$28KCompany One: $27KCompany One$27KBoston Music Project: $25K across 2 grantsBoston Music Project$25K · 2 grantsActors' Shakespeare Project: $22KActors' Shakespeare Project$22KBrighter Boston: $19K across 2 grantsBrighter Boston$19K · 2 grantsBalletrox: $18KBalletrox$18K

The largest 2025 recipient was Boston Education Fund (Bedf) ($255K across 20 grants). Together the top 10 received $525K.

Grant Size Distribution

321 grants across all recorded years

316<$50K4$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 316 grants of 321 (98%).

Geographic Focus

Where this funder awards grants

EdVestors’ stated mission and programs focus on Boston students and Boston Public Schools. In 2025, 96% of grant dollars went to recipients in Massachusetts and 4% to recipients in New York.

Grant Distribution by State

3states

Share of 2025 grant dollars across all 60 itemized grants.

Cities

BostonRoxburyJamaica PlainHartsdaleBrightonCharlestownEast BostonDorchesterCambridgeChestnut HillQuincySomervilleEast WindsorLynnWatertown

Is Edvestors Inc open to new grantees?

9%

first-time grantees, 2025

In 2025, 3 of 34 grantees (9%) were first-time recipients. First grants averaged $89K; repeat grants $16K. How we count

Medians: $7K first-time, $12K repeat.

  • 82% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−15%). Method

Estimate from itemized grant lists in IRS Form 990 filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M66 grants2021 69 grants2022 59 grants2023 67 grants2024 60 grants2025

From 2021 to 2025, annual grant giving ranged from $678K (2023) to $901K (2022). In 2025 it made 60 grants totaling $766K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Boston Education Fund (Bedf) Roxbury, MASchool on the move 2024 prize winner: mattahunt elementary$80,000
Eliot School of Fine and Applied Arts Boston, MAR17 1-year: eliot school of fine and applied arts with ellison parks early education school, greater egleston high school, haynes early education center, henry grew school, holmes innovation school, kennedy elementary school, lee academy, holland high school$66,000
Community Music Center of Boston Boston, MAR17 1-year: community music center of boston with roosevelt k-8 school, hurley k-8 school, murphy k-8 school, shaw-taylor elementary school$28,000
Company One Boston, MAR17 1-year: company one with holland tech, techboston academy, ruth batson academy, boston adult technical academy$27,000
Open Door Arts Boston, MAR17 1-year: open door arts with community academy of science and health, fenway high school, henderson k-12 inclusion school, new mission high school$27,000
Actors' Shakespeare Project Watertown, MAR17 1-year: actors' shakespeare project with boston day & evening academy, brighton high school, english high school, boston international newcomers academy$22,000
Fractured Atlas Hartsdale, NYR17 1-year: I learn America with boston international newcomers academy, umana academy, fenway high school$22,000
Boston Education Fund (Bedf) Roxbury, MASchool on the move 2024 prize finalist: josiah quincy elementary school$20,000
Boston Education Fund (Bedf) Roxbury, MASchool on the move 2024 prize finalist: boston adult technical academy$20,000
Balletrox Jamaica Plain, MAR17 1-year: balletrox with dever school, hennigan school, ellison parks early education school, conley elementary school, shaw-taylor elementary school$18,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$6,594,643$3,289,177$5,915,852$765,70060$150,675
2024$9,073,275$4,636,578$6,042,236$809,88067$196,732
2023$10,853,706$7,126,706$5,831,581$678,03659$85,585
2022$7,547,722$6,626,116$4,802,725$900,73769$-34,155
2021$6,746,466$7,340,776$4,696,293$818,11066$7,723

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

Mission & Focus Areas

EdVestors’ mission is to advance equitable, meaningful education that prepares every Boston student to activate their power and shape their future. Its stated areas of work include arts education, mathematics, career pathways, and racial equity, as well as recognizing school improvement through the School on the Move Prize.

Its grantmaking supports Boston schools and collaborations between schools and community organizations. For example, 2025 grants supported arts and education partnerships involving schools and organizations such as Community Music Center of Boston, whose mission is to provide equitable access to music education and arts experiences, and Company One Theatre, which describes its work as building community at the intersection of art and social change. Other supported organizations describe missions that include providing accessible dance education (BalletRox), engaging audiences through Shakespeare-based productions and education (Actors’ Shakespeare Project), and using mentorship and paid professional experiences to support teens (Artists for Humanity).

Grantmaking

In filing year 2025, EdVestors reported 60 grants totaling $765,700. Grants ranged from $6,000 to $80,000, with a median of $9,000. The listed purposes include School on the Move Prize awards and one-year partnerships connecting arts and community organizations with Boston schools.

Among the largest reported grants were $80,000 to Boston Education Fund for the School on the Move 2024 Prize winner, Mattahunt Elementary; $66,000 to Eliot School of Fine and Applied Arts for a one-year partnership with multiple Boston schools; and $28,000 to Community Music Center of Boston for a partnership with four schools. Other reported awards included $27,000 each to Company One and Open Door Arts, and $22,000 each to Actors’ Shakespeare Project and Fractured Atlas.

EdVestors lists active opportunities in BPS Arts Expansion, Career Pathways, and the School on the Move Prize. BPS Arts Expansion opportunities include School Arts Index Grants, Career-Connected Learning Grants, and Individual Arts Educator Grants. Career Pathways opportunities include FOCAL Grants and IDEAL Career Pathways Grants. The School on the Move Prize recognizes school-wide improvement efforts in Boston Public Schools.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Myran Parker-Brass as board chair, Jennifer Larson-Joyce as vice chair, Abra Francois as clerk as of October 2024, and David Simon as treasurer. Katherine S. McHugh is listed as clerk until October 2024. Other listed board members are Katherine Gross, Faith Parker, Jean-Phillip Brignol, Christine Letts, and Brandon Cardet-Hernandez. The 2025 annual report identifies Marinell Rousmaniere as president and CEO.

Edvestors Inc is led by Marinell Rousmaniere, President & CEO on every filing since 2021; 7 of 21 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Marinell Rousmaniere

    President & CEO

    On filings since 2021

    40 hrs/week

    $164K (2021) → $198K (2025)

  • Myran Parker-Brass

    Board Chair

    Board Member → Board Chair, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

  • Lavonia Montoute

    Senior Director

    Senior Director Career Pathways → Senior Director, 2025

    On filings since 2024

    40 hrs/week

    $102K (2024) → $107K (2025)

  • Francisco Marriott

    Vice President Finance & Ops.

    Director, Finance & Ops. → Vice President Finance & Ops., 2024

    On filings since 2021

    40 hrs/week

    $77K (2022) → $121K (2025)

  • Lorena Lopera

    Vice President Advancement & External Relations

    Board Member → Vice President Advancement & External Relations, 2025

    On filings since 2021

    40 hrs/week

    $146K (2025)

  • Ruth Mercado-Zizzo

    Vice President Programs & Equity

    On filings since 2022

    40 hrs/week

    $116K (2022) → $128K (2025)

  • Heather Johnson

    Vice President Programs

    Vice President Program, Strategy & Impact → Vice President Programs, Strategy & Impact, 2024

    Vice President Programs, Strategy & Impact → Vice President Programs, 2025

    On filings since 2023

    40 hrs/week

    $136K (2023) → $110K (2025)

  • Justine Beaton

    Vice President Chief of Staff

    Director & Strategic Projects → Vice President Chief of Staff, 2024

    On filings since 2023

    40 hrs/week

    $102K (2023) → $118K (2025)

  • Christine Letts

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • David Simon

    Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

  • Faith Parker

    Board Member

    Vice Chair → Vice Chair & Board Member, 2023

    Vice Chair & Board Member → Board Member, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jean-Phillip Brignol

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jennifer Larson-Joyce

    Vice Chair

    Board Member → Vice Chair, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

  • Katherine Gross

    Board Member

    Board Chair → Board Chair & Board Member, 2023

    Board Chair & Board Member → Board Member, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Katherine S. McHugh

    Clerk

    On filings since 2021

    1 hr/week

    No compensation reported

  • Matthew Lesniak

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Brandon Cardet-Hernandez

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Maria Luisa Parra-Velasco

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Robert Zaccardi

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Abra Francois

    Clerk

    Board Member → Clerk, 2025

    On filings since 2023

    1 hr/week

    No compensation reported

  • Melodie Knowlton

    Board Member

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (6)
  • Former: William Schawbel (2021–2024) — Board Member
  • Former: Anuradha Desai (2021–2023) — Senior Vice President & External Affairs
  • Former: Ruth Ellen Fitch Esq. (2021–2022) — Board Member
  • Former: Amy Luster (2021) — Vice President, Finance & Operations
  • Former: Janet Anderson (2021) — Executive Vice President
  • Former: Wendell Knox (2021) — Board Member

Data from IRS Form 990 filings, 2021–2025. "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

Marinell Rousmaniere — President & CEO: $198KMarinell RousmanierePresident & CEO$198KLorena Lopera — VP Advancement & External Relations: $146KLorena LoperaVP Advancement & External…$146KRuth Mercado-Zizzo — VP Programs & Equity: $128KRuth Mercado-ZizzoVP Programs & Equity$128KFrancisco Marriott — VP Finance & Ops.: $121KFrancisco MarriottVP Finance & Ops.$121KJustine Beaton — VP Chief of Staff: $118KJustine BeatonVP Chief of Staff$118KHeather Johnson — VP Programs: $110KHeather JohnsonVP Programs$110KLavonia Montoute — Senior Director: $107KLavonia MontouteSenior Director$107K

The highest reported compensation on the 2025 filing was $198K, to Marinell Rousmaniere (President & CEO). 7 officers or directors reported compensation on that filing.

Frequently asked questions about Edvestors Inc

How much does Edvestors Inc give each year?

Edvestors Inc gave $766K across 60 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $810K across 67 grants.

What is Edvestors Inc's typical grant size?

Edvestors Inc's median grant in 2025 was $9,000, and its average grant was $12,762, across 60 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Edvestors Inc that year got $89K on average.

Where does Edvestors Inc give grants?

Edvestors Inc gives mostly in Massachusetts: 96% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Boston, MA (27 grants), Roxbury, MA (21 grants), Jamaica Plain, MA (4 grants) and Hartsdale, NY (2 grants).

Does Edvestors Inc give general operating support?

Not in 2025: none of the 60 grants with a stated purpose on Edvestors Inc's 2025 IRS Form 990 were described as general or operating support.

Who are Edvestors Inc's largest grantees?

Edvestors Inc's largest 2025 grantees include Boston Education Fund (Bedf) ($255,200 across 20 grants), Eliot School of Fine and Applied Arts ($66,000) and Open Door Arts ($35,000 across 2 grants), according to its 2025 IRS Form 990. Together they received 47% of its itemized 2025 grant dollars.

How large is Edvestors Inc?

Edvestors Inc reported $6.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.3M.

What does Edvestors Inc fund?

EdVestors’ mission is to advance equitable, meaningful education that prepares every Boston student to activate their power and shape their future. See mission & focus areas ↑

How do I apply for a grant from Edvestors Inc?

Edvestors Inc has no public application process in the sources Grantable reviewed. Check edvestors.org for current guidelines, or contact the foundation directly before submitting a request.

What is Edvestors Inc's EIN?

Edvestors Inc's EIN (Employer Identification Number) is 76-0794873. IRS Form 990 filing data is available on this page for 2021–2025.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS January 10, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS March 27, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS October 23, 2023)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS October 30, 2024)
  5. Updated Form 990 for fiscal year 2025 (received by the IRS November 12, 2025)
  6. IRS filings on file for fiscal years 2021–2025

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Cite this profile

Grantable. (2026). Edvestors Inc funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/edvestors-inc-morg_6cf4d26b79fc41809b3631fd0a13d981

BibTeX
@misc{grantable_760794873_2026,
  author       = {{Grantable}},
  title        = {{Edvestors Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/edvestors-inc-morg_6cf4d26b79fc41809b3631fd0a13d981},
  note         = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Edvestors Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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