Strada Education Foundation Inc
Strada Education Foundation is focused on connecting education with opportunity by helping clear the path between education and work, particularly for those facing the greatest barriers. The organization supports five key focus areas: Clear Outcomes, Quality Coaching, Affordability, Work-Based Learning, and Employer Alignment. Their mission is to create a world where every person, regardless of where they start, can see a way ahead that leads to meaningful careers, fulfilling lives filled with choices and growth, and access to quality employment opportunities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8B
-12.5% YoY
Annual Giving
$27.3M
+5.9% YoY
Grant Count
182
+29.1% YoY
Avg Grant Size
$150K
-18.0% YoY
About Strada Education Foundation Inc
Based on IRS filings
Strada Education Foundation Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8B in total assets. In 2024, it awarded 182 grants totaling $27.3M. Net investment income was $155.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,837,044,236 | $2,098,503,918 | $1,944,963,967 |
| Revenue | $207,660,821 | $91,272,355 | $89,606,480 |
| Expenses | $180,502,322 | $101,126,709 | $101,647,351 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $155,164,045 | $41,188,597 | $50,413,730 |
| 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 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
6 open opportunities from Strada Education Foundation Inc
Beyond Completion Challenge
STRADA EDUCATION FOUNDATION INC
Amount
$10,000,000
Deadline
Rolling / Open
Clear Outcomes Partnership Grants
STRADA EDUCATION FOUNDATION INC
Amount
Varies
Deadline
Rolling / Open
College Cost Transparency Initiative
STRADA EDUCATION FOUNDATION INC
Amount
Varies
Deadline
Rolling / Open
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 |
|---|---|---|---|
| STEPHEN MORET | CEO & PRESIDENT | 40 | $1,353,225 |
| MARLENE V COULIS | CHAIRMAN | 4 | $115,000 |
| ERNEST J NEWBORN II | BOARD MEMBER | 2 | $97,000 |
| GERARD J OLINGER | BOARD MEMBER | 2 | $97,000 |
| MIRIAM W STROUSE | BOARD MEMBER | 2 | $97,000 |
| NICOLE T JENKINS | BOARD MEMBER | 2 | $97,000 |
| SUREEL A CHOKSI | BOARD MEMBER | 2 | $97,000 |
| WADE T DYKE | BOARD MEMBER | 2 | $97,000 |
| AMINTA H BREAUX | BOARD MEMBER | 2 | $85,000 |
| ARDINE WILLIAMS | BOARD MEMBER | 2 | $85,000 |
| ERIK I MORENO | BOARD MEMBER | 2 | $85,000 |
| MICHAEL D KING | BOARD MEMBER | 2 | $85,000 |
| RUBEN M FLORES | BOARD MEMBER | 2 | $85,000 |
| SUSAN J ELLSPERMANN | BOARD MEMBER | 2 | $85,000 |
| THOMAS B MANGAS | BOARD MEMBER | 2 | $85,000 |
| RUTH WATKINS | PRESIDENT, POSTSECONDARY EDUCATION | 35 | $1,000,590 |
| LARRY LUTZ | EVP, CORPORATE DEVELOPMENT | 39 | $673,733 |
| RHONDA POWELL | EVP, GEN COUNSEL & CORP SECRETARY | 39 | $668,094 |
| THOMAS DAWSON | PRESIDENT, STRADA COLLABORATIVE | 39 | $654,103 |
| MICHAEL AUSTIN | EVP, CFO, TREASURER | 39 | $625,297 |
| GABRIELLA GOMEZ | EVP, POLICY, ADVOCACY & COMMS | 40 | $569,186 |
| ARISTIDE COLLINS JR | EVP, CAO & CHIEF OF STAFF | 40 | $514,605 |
| BETH COBERT | PRES AFF & STRAT PSHPS (AS OF 11/24) | 40 | $219,354 |
| JONATHAN FURR | SVP & CHIEF CLEAR OUTCOMES OFFICER | 40 | $544,734 |
| LEONARD GURIN | SVP, CASH & INVESTMENTS | 40 | $473,300 |
| THOMAS R ERTEL | SVP, CHIEF ACCOUNTING OFFICER | 40 | $488,745 |
| MICHELE CHANG | SVP, CHIEF STRATEGY OFFICER | 40 | $456,270 |
| HEATHER MCKAY | SVP, EMP ENGMT/ED SFW (AS OF 2/24) | 40 | $440,809 |
| JUSTIN DRAEGER | SVP, AFFORDABILITY (AS OF 7/24) | 40 | $368,461 |
| CRAIG ROBINSON | SVP, QUALITY COACHING (AS OF 7/24) | 40 | $298,895 |
| LAURA LOVE | SVP, WRK-BASED LEARNING (AS OF 5/24) | 40 | $244,760 |
| DAVID CLAYTON | SVP, RESEARCH | 40 | $557,423 |
| JESSICA HINKLE | SVP, STRATEGIC INVESTMENTS | 40 | $499,859 |
| MICHAEL MARRINER | PRESIDENT, ROADTRIP NATION | 40 | $479,461 |
| TERRY E HOLLOWAY | SVP, CHIEF HUMAN RESOURCES OFFICER | 40 | $447,546 |
| RUTH IDALENE BAUER | PRESIDENT, INSIDE TRACK | 40 | $451,217 |
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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