Modern States Education Alliance Inc

Private foundation · Grantmaker New York, NY EIN: 47-1018924

Modern States Education Alliance Inc is a private foundation focused on Education, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 1 grant totaling $3.6M.

Modern States Education Alliance Inc at a glance

In short: Modern States Education Alliance Inc gave $3.6M across 1 grant in 2024 (avg $3.6M), mostly in New York. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$3,596,990
+17.3% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$3,596,990
+17.3% vs 2023
Median grant
$3,596,990
Total assets
$3,862,748
+32.6% vs 2023
Primary geography
New York (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

Who Modern States Education Alliance Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Clep exam fee program - Individual Recipients: $3.6MClep exam fee program -Individual Recipients$3.6M

The largest 2024 recipient was Clep exam fee program - Individual Recipients ($3.6M).

Grant Size Distribution

6 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M5$1–5M$5M+

The most common grant size was in the $1–5M range: 5 grants of 6 (83%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2024 grant dollars on its one itemized grant.

Cities

New YorkMiami

How Modern States Education Alliance Inc gives

  • Giving grew 82% from 2021 to 2024. Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M2 grants2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $1.3M (2020) to $3.6M (2024). In 2024 it made 1 grant totaling $3.6M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Clep exam fee program - Individual Recipients New York, NYReimbursement to approximately 49,864 individuals for CLEP Exam fees incurred during 2024.$3,596,990
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying Distributions
2024$3,862,748$7,080,542$6,146,893$3,596,9901$6,400,886
2023$2,914,057$8,108,324$5,234,221$3,066,3571$5,694,954
2022$131,585$3,255,011$3,672,941$2,271,6641$3,272,821
2021$401,499$2,759,755$3,158,424$1,981,2821$3,046,589
2020$697,513$2,155,000$1,871,741$1,333,5352—

Leadership & Key People

Officers and directors from IRS filings

Modern States Education Alliance Inc is led by Steven B. Klinsky, President & CEO on every filing since 2020; none of the 9 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Steven B. Klinsky

    President & CEO

    On filings since 2020

    No compensation reported

  • adam weinstein

    Director

    On filings since 2020

    No compensation reported

  • adele malpass

    Director

    On filings since 2020

    No compensation reported

  • David Vise

    Director

    Executive Director → Director, 2023

    On filings since 2020

    No compensation reported

  • elizabeth dennis

    Director

    On filings since 2020

    No compensation reported

  • lawrence jackson

    Director

    On filings since 2020

    No compensation reported

  • steven reiss

    Director

    On filings since 2020

    No compensation reported

  • Fred Salerno

    Director

    On filings since 2022

    No compensation reported

  • maureen sherry Klinsky

    Director

    New on the 2024 filing

    No compensation reported

Former officers (2)
  • Former: maureen sherry (2020–2023) — Director
  • Former: tom luce (2020–2023) — Director

Data from IRS Form 990 filings, 2020–2024. "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 Modern States Education Alliance Inc

How much does Modern States Education Alliance Inc give each year?

Modern States Education Alliance Inc gave $3.6M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.1M across 1 grant.

How large is Modern States Education Alliance Inc?

Modern States Education Alliance Inc reported $3.9M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $7.1M.

What is Modern States Education Alliance Inc?

Modern States Education Alliance Inc is a private foundation focused on Education, based in New York, NY. It holds $3.9M in total assets as of 2024.

Where does Modern States Education Alliance Inc operate?

Modern States Education Alliance Inc has awarded grants in Florida, New York.

What is Modern States Education Alliance Inc's EIN?

Modern States Education Alliance Inc's EIN (Employer Identification Number) is 47-1018924. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 15, 2022)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS June 20, 2023)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 9, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Modern States Education Alliance 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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