Greater Educational Opportunities Foundation logo

Greater Educational Opportunities Foundation

Public charity · Grantmaker Indianapolis, IN EIN: 95-4406881 Website

To EMPOWER students to ACCELERATE their academic pathways to ADVANCE their social mobility and ACHIEVE their career and life-long goals.

Key facts about Greater Educational Opportunities Foundation

In short: Greater Educational Opportunities Foundation gave $81K across 2 grants in 2025 (avg $40K), mostly in District of Columbia. Source: 2025 IRS Form 990.

EIN
95-4406881
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$80,623
Grants made (2025)
2
Average grant
$40,312
Median grant
$40,312
Total assets
$21,233,665
Primary geography
District of Columbia (88% 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

$21.2M

-2.0% YoY

Annual Giving

$81K

-66.9% YoY

Grant Count

2

-71.4% YoY

Avg Grant Size

$40K

+15.7% YoY

How Greater Educational Opportunities Foundation gives

  • Giving fell 48% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Greater Educational Opportunities Foundation

Based on IRS filings

Greater Educational Opportunities Foundation is a public charity focused on Arts, Culture & Humanities, based in Indianapolis, IN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $21.2M in total assets. In 2025, it awarded 2 grants totaling $81K. Net investment income was $735K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of all 2 itemized 2025 grant dollars.

Cities

IndianapolisNew YorkWashingtonBaton RougeFlat Top

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M0 grants20191 grants20201 grants20211 grants20223 grants20237 grants20242 grants2025

From 2020 to 2025, annual grant giving ranged from $21K (2020) to $1.8M (2023). In 2025 it made 2 grants totaling $81K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

The Third Way Foundation Inc: $71KThe Third Way Foundation Inc$71K21ST Century Charter School of Gary Co Geo Foundation: $10K21ST Century Charter School ofGary Co Geo Foundation$10K

The largest 2025 recipient was The Third Way Foundation Inc ($71K). Together the top 2 received $81K.

Grant Size Distribution

14 grants across all recorded years

6<$50K3$50–100K3$100–250K$250–500K1$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 6 grants of 14 (43%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Third Way Foundation Inc Washington, DCTeacher projects$70,623
21ST Century Charter School of Gary Co Geo Foundation Indianapolis, INCareer and Scholars$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M$20M2019202020212022202320242025
Metric202520242023
Total Assets$21,233,665$21,656,768$23,155,888
Revenue$13,775,304$12,578,463$14,125,350
Expenses$13,493,750$11,332,967$13,459,720
Net Investment Income$735,068$160,629$436,097

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS July 14, 2020)
  2. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Greater Educational Opportunities Foundation is led by Kevin Teasley, President & CEO on every filing since 2024; 8 of 12 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Kevin Teasley

    President & CEO

    On filings since 2024

    40 hrs/week

    $423K (2024) → $457K (2025)

  • Peter Morikis

    Executive Director - Nw Indiana

    On filings since 2024

    1 hr/week

    $165K (2024) → $174K (2025)

  • Rick Elliott

    Executive Director

    New on the 2025 filing

    40 hrs/week

    $121K (2025)

  • Jeff Ready

    Chair

    On filings since 2024

    1 hr/week

    No compensation reported

  • Reena Gupta

    Accounting Director

    On filings since 2024

    1 hr/week

    $126K (2024) → $155K (2025)

  • DANA L Teasley

    Vice President & CFO

    On filings since 2024

    40 hrs/week

    $322K (2024) → $360K (2025)

  • Jeffery Lozer

    Chief Operations Officer

    On filings since 2024

    40 hrs/week

    $159K (2024) → $158K (2025)

  • Kathy Pitts

    Chief Financial Officer

    Chief Accounting Officer → Chief Financial Officer, 2025

    On filings since 2024

    40 hrs/week

    $198K (2024) → $227K (2025)

  • Shirlon Clay

    Chief Academic Officer -Baton Rouge

    New on the 2025 filing

    40 hrs/week

    $161K (2025)

  • Geoff Baum

    Vice Chair

    Member → Vice Chair, 2025

    On filings since 2024

    1 hr/week

    No compensation reported

  • Jeremiah Tate

    Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Rob Kremer

    Member

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: John Gottsman (2024) — Vice Chair
  • Former: Sandra Douglas (2024) — Chief Academic Officer

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

Kevin Teasley — President/CEO: $457KKevin TeasleyPresident/CEO$457KDANA L Teasley — Vice President/CFO: $360KDANA L TeasleyVice President/CFO$360KKathy Pitts — Chief Financial Officer: $227KKathy PittsChief Financial Officer$227KPeter Morikis — Executive Director - NW Indiana: $174KPeter MorikisExecutive Director - NW Indiana$174KShirlon Clay — Chief Academic Officer -Baton Rouge: $161KShirlon ClayChief Academic Officer -Baton…$161KJeffery Lozer — Chief Operations Officer: $158KJeffery LozerChief Operations Officer$158KReena Gupta — Accounting Director: $155KReena GuptaAccounting Director$155KRick Elliott — Executive Director: $121KRick ElliottExecutive Director$121K

The highest reported compensation on the 2025 filing was $457K, to Kevin Teasley (President/CEO). 8 officers or directors reported compensation on that filing.

Frequently asked questions about Greater Educational Opportunities Foundation

How much does Greater Educational Opportunities Foundation give each year?

Greater Educational Opportunities Foundation gave $81K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $244K across 7 grants.

How large is Greater Educational Opportunities Foundation?

Greater Educational Opportunities Foundation reported $21.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $13.8M.

What is Greater Educational Opportunities Foundation?

Greater Educational Opportunities Foundation is a public charity focused on Arts, Culture & Humanities, based in Indianapolis, IN. It holds $21.2M in total assets as of 2025.

Where does Greater Educational Opportunities Foundation operate?

Greater Educational Opportunities Foundation has awarded grants in District of Columbia, Indiana, Louisiana, New York, West Virginia.

What is Greater Educational Opportunities Foundation's EIN?

Greater Educational Opportunities Foundation's EIN (Employer Identification Number) is 95-4406881. IRS Form 990 filing data is available on this page for 2019–2025.

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

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