Pension Real Estate Association
Prea's mission is to serve its members engaged in institutional real estate investment through the sponsorship of objective forums for education, research initiatives, membership interaction and the exchange of information.
Pension Real Estate Association at a glance
In short: Pension Real Estate Association gave $115K across 4 grants in 2024 (avg $29K), mostly in District of Columbia. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $115,116
- -4.7% vs 2023
- Grants made (2024)
- 4
- +0.0% vs 2023
- Average grant
- $28,779
- -4.7% vs 2023
- Median grant
- $15,058
- Total assets
- $12,765,911
- +23.5% vs 2023
- Primary geography
- District of Columbia (65% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Pension Real Estate Association funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Reporting Standards ($75K). Together the top 4 received $115K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 16 grants of 22 (73%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How Pension Real Estate Association gives
- Giving held roughly steady from 2021 to 2024 (−2%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $115K (2024) to $1.1M (2022). In 2024 it made 4 grants totaling $115K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Reporting Standards Washington, DC | Joint Initiative | $75,000 |
| Prea Foundation Inc Hartford, CT | General Operating Expenses | $20,116 |
| Real Estate Research Institute Hartford, CT | Annual Support for Research | $10,000 |
| Scholarship of America Inc Minneapolis, MN | Funding Scholarships | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $12,765,911 | $9,103,435 | $6,748,504 | $115,116 | 4 | $536,769 |
| 2023 | $10,336,369 | $8,233,817 | $5,618,426 | $120,800 | 4 | $306,525 |
| 2022 | $7,541,887 | $6,788,570 | $6,603,306 | $1,118,050 | 5 | $67,915 |
| 2021 | $6,735,705 | $4,410,849 | $4,080,001 | $117,000 | 4 | $41,142 |
| 2020 | $6,261,990 | $4,002,682 | $4,240,029 | $126,035 | 5 | $80,648 |
| 2019 | $6,771,728 | $5,396,235 | $5,657,398 | $121,300 | 5 | $144,298 |
About Pension Real Estate Association
Based on IRS filings
Pension Real Estate Association is a public charity, based in Hartford, CT. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $12.8M in total assets. In 2024, it awarded 4 grants totaling $115K. Net investment income was $537K.
Leadership & Key People
Officers and directors from IRS filings
Pension Real Estate Association is led by Gail C. Haynes, President on every filing since 2019; 6 of 30 officers listed in 2024 are compensated.
Officers on the 2024 filing
Gail C. Haynes
President
On filings since 2019
40 hrs/week
$292K (2019) → $459K (2024)
Anar Chudgar
Chair
Director → Vice Chair, 2023
Vice Chair → Chair, 2024
On filings since 2021
0.5 hrs/week
No compensation reported
Amy Laffargue
Director- Meetings & Events
Director of Events → Director- Meetings & Events, 2023
On filings since 2019
40 hrs/week
$160K (2019) → $225K (2024)
Gregory H. Mackinnon
Director-Research
Director of Research → Director-Research, 2023
On filings since 2019
40 hrs/week
$310K (2019) → $343K (2024)
Jack R. Nowakowski
Director-Information
Director of Information Services → Director of Information Se, 2020
Director of Information Se → Director-Information, 2023
On filings since 2019
40 hrs/week
$227K (2019) → $210K (2024)
Dennis Lopez
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Dhvani Shah
Director
Director → Secretary, 2020
Secretary → Director, 2021
On filings since 2019
0.5 hrs/week
No compensation reported
Christy Fields
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Sally Haskins
Director
Director → Secretary, 2022
Secretary → Director, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Adam Gallistel
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Cia Buckley Marakovits
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Barbara Jesuele
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Jennifer Stevens
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Adam Schwartz
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Andrew Ierardi
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Catherine Marcus
Director
Immediate Past Chair → Director, 2024
On filings since 2023
0.5 hrs/week
No compensation reported
Jeffrey Giller
Director
On filings since 2023
0.5 hrs/week
No compensation reported
John Gluszak
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Kimberly Adams
Director
On filings since 2023
0.5 hrs/week
No compensation reported
W. Jeffrey Beckham
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Grant Walker
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Julie Donegan
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Sarah Cachat
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Jared Chase
Staff Writer & Editor
On filings since 2022
40 hrs/week
$102K (2022) → $110K (2024)
Jennifer Blanchard
Financial Controller
On filings since 2023
40 hrs/week
$110K (2023) → $125K (2024)
Gadi Kaufmann
Treasurer
Director → Treasurer, 2022
On filings since 2019
0.5 hrs/week
No compensation reported
Christopher Merril
Treasurer
Director → Treasurer, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Danita Johnson
Secretary
Director → Secretary, 2024
On filings since 2023
0.5 hrs/week
No compensation reported
Isabelle Martin
Vice Chair
Director → Vice Chair, 2024
On filings since 2023
0.5 hrs/week
No compensation reported
Manuel Casagna
Immediate Past Chair
Chair → Immediate Past Chair, 2024
On filings since 2023
0.5 hrs/week
No compensation reported
Former officers (26)
- Former: David Gillan (2019–2023) — Director
- Former: Lawrence J. Hass (2019–2023) — Director
- Former: Peter Braffman (2019–2023) — Director
- Former: Ralph Rosenberg (2019–2023) — Director
- Former: Sonny Kalsi (2019–2023) — Immediate Past Chair
- Former: Spencer Haber (2019–2023) — Director
- Former: Anthony Breault (2021–2023) — Director
- Former: Cathy Marcus (2020–2022) — Chair
- Former: Drew Ierardi (2020–2022) — Director
- Former: Manny Casagna (2020–2022) — Vice Chair
- Former: Isabel Martin (2022) — Director
- Former: John Stavola (2022) — Financial Controller
- Former: Caixia Ziegler (2019–2021) — Secretary
- Former: Christina Scariato (2019–2021) — Director
- Former: Meagan Nichols (2020–2021) — Director
- Former: Alisa Mall (2019–2020) — Vice Chair
- Former: David Gilbert (2019–2020) — Director
- Former: Jodie McLean (2019–2020) — Director
- Former: Steven Hason (2019–2020) — Director
- Former: Allisson Yager (2019) — Director
- Former: Deborah Harmon (2019) — Director
- Former: John Kukral (2019) — Director
- Former: Kevin Faxon (2019) — Director
- Former: Linda Assante (2019) — Treasurer
- Former: Mike Dire (2019) — Director
- Former: Mike Kirby (2019) — Director
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $459K, to Gail C Haynes (President). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Pension Real Estate Association
How much does Pension Real Estate Association give each year?
Pension Real Estate Association gave $115K across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $121K across 4 grants.
What is Pension Real Estate Association's typical grant size?
Pension Real Estate Association's median grant in 2024 was $15,058, and its average grant was $28,779, across 4 grants on its 2024 IRS Form 990.
Where does Pension Real Estate Association give grants?
Pension Real Estate Association gives mostly in District of Columbia: 65% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were Connecticut (26%) and Minnesota (9%). The most frequent recipient cities were Hartford, CT (2 grants).
Does Pension Real Estate Association give general operating support?
Yes: 25% of Pension Real Estate Association's 2024 grants with a stated purpose (1 of 4) were for general or operating support, per its 2024 IRS Form 990.
How large is Pension Real Estate Association?
Pension Real Estate Association reported $12.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $9.1M.
What is Pension Real Estate Association's EIN?
Pension Real Estate Association's EIN (Employer Identification Number) is 13-3120995. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS July 7, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS September 28, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS September 29, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 3, 2025)
- IRS filings on file for fiscal years 2020–2024
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