Greater Educational Opportunities Foundation
To EMPOWER students to ACCELERATE their academic pathways to ADVANCE their social mobility and ACHIEVE their career and life-long goals.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21.7M
-6.5% YoY
Annual Giving
$244K
-86.7% YoY
Grant Count
7
+133.3% YoY
Avg Grant Size
$35K
-94.3% YoY
About Greater Educational Opportunities Foundation
Based on IRS filings
Greater Educational Opportunities Foundation is a nonprofit organization focused on Arts, Culture & Humanities, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.7M in total assets. In 2024, it awarded 7 grants totaling $244K. Net investment income was $161K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $21,656,768 | $23,155,888 | $24,649,709 |
| Revenue | $12,578,463 | $14,125,350 | $13,568,258 |
| Expenses | $11,332,967 | $13,459,720 | $10,511,665 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $160,629 | $436,097 | $439,296 |
| 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 7 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEFF READY | Chair | 1 | — |
| John Gottsman | Vice Chair (UNTIL JUN 2024) | 1 | — |
| KEVIN TEASLEY | PRESIDENT/CEO | 40 | $422,733 |
| Geoff Baum | MEMBER (BEGAN JUN 2024) | 1 | — |
| Jeremiah Tate | MEMBER (BEGAN JUN 2024) | 1 | — |
| Rob Kremer | MEMBER (BEGAN JUN 2024) | 1 | — |
| DANA L Teasley | VICE PRESIDENT/CFO | 40 | $322,250 |
| Jeffery Lozer | Chief Operations Officer | 40 | $158,737 |
| Kathy Pitts | Chief Accounting Officer | 40 | $197,635 |
| Peter Morikis | Executive Director - NW Indiana | 40 | $164,727 |
| Reena Gupta | Accounting Director | 40 | $125,527 |
| Sandra Douglas | Chief Academic Officer (THROUGH DEC 2023) | 40 | $148,466 |
Subject Areas
Focus areas based on grantmaking activity
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—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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