The Institute for Educational Advancement (IEA) is a nonprofit organization management company dedicated to the intellectual, creative, and personal growth of gifted and high-potential youth in the United States. Headquartered in Pasadena, California, the organization was founded in 1998 and maintains an active presence serving educators, high schools, and colleges.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
-3.4% YoY
Annual Giving
$226K
-37.9% YoY
Grant Count
26
-27.8% YoY
Avg Grant Size
$9K
-14.0% YoY
Under IRS private-foundation payout rules, The Institute for Educational reported a distributable amount of $136K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
IEA is committed to the intellectual, creative, and personal growth of the nation's gifted and high-potential youth. The organization's mission centers on the development of the whole child through engaging educational experiences that promote optimal challenge, mentorship, exploration of ideas, and recognition of personal potential.
The organization seeks to connect like-minded individuals and supports a diverse community that creates a sense of belonging and affirmation. IEA offers various programs and services including academy workshops, teacher development, advocacy initiatives, and resources for youth and families such as gifted support groups, speaking engagements, and publications.
Ready to take the next step with The Institute for Educational?
Geographic Focus
Where this funder awards grants
The organization is headquartered in Pasadena, California, with an additional presence in India.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Annual Revenue: $12,380,209
- Employees: 30 (with 5.8% year-over-year growth, representing an increase of 3 people)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,879,221 | $2,979,554 | $3,846,432 |
| Revenue | $137,190 | $-481,865 | $58,737 |
| Expenses | $237,523 | $384,489 | $125,514 |
| Qualifying Distributions | $225,777 | $363,669 | $88,468 |
| Net Investment Income | $136,319 | $74,318 | $36,059 |
| Distributable Amount | $135,642 | $121,123 | $151,064 |
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
152 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pace Academy ($38,640), East Tennessee State University ($15,667), Superior Flight School ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARTHUR MORRIS ATLANTA, GA | SCHOLARSHIP | $4,349 |
| ATLANTA'S JOHN MARSHALL LAW SCHOOL ATLANTA, GA | SCHOLARSHIP | $7,714 |
| ATLANTA'S JOHN MARSHALL LAW SCHOOL ATLANTA, GA | SCHOLARSHIP | $4,934 |
| ATLANTA'S JOHN MARSHALL LAW SCHOOL ATLANTA, GA | SCHOLARSHIP | $8,045 |
| BRENAU UNIVERSITY GAINESVILLE, GA | SCHOLARSHIP | $13,702 |
| BRENAU UNIVERSITY GAINESVILLE, GA | SCHOLARSHIP | $14,417 |
| BRENAU UNIVERSITY GAINESVILLE, GA | SCHOLARSHIP | $14,037 |
| EAST TENNESSEE STATE UNIVERSITY JOHNSON CITY, TN | SCHOLARSHIP | $15,667 |
| EMORY UNIVERSITY ATLANTA, GA | SCHOLARSHIP | $4,638 |
| EMORY UNIVERSITY ATLANTA, GA | SCHOLARSHIP | $10,741 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MATTHEW ORNSTEIN | PRESIDENT | — | — |
| MICHAEL BEAN | DIRECTOR | — | — |
| ANNA PARKER | DIRECTOR | — | — |
Recent Activity
Recent developments and announcements
IEA announced recipients of a high school scholarship for gifted learners and released information regarding the CDB Scholars Class of 2029.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Institute for Educational fund?
IEA is committed to the intellectual, creative, and personal growth of the nation's gifted and high-potential youth. The organization's mission centers on the development of the whole child through engaging educational experiences that promote optimal challenge, mentorship, exploration of ideas, and recognition of personal potential. The organization seeks to connect like-minded individuals and supports a diverse community that creates a sense of belonging and affirmation. IEA offers various pr…
Where does The Institute for Educational make grants?
The organization is headquartered in Pasadena, California, with an additional presence in India.
What size grants does The Institute for Educational award?
In 2024, The Institute for Educational awarded 26 grants totaling $226K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is The Institute for Educational required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Institute for Educational reported a distributable amount of $136K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Institute for Educational's EIN?
The Institute for Educational's EIN (Employer Identification Number) is 26-3981686. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Institute for Educational's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The O Wayne Rollins Foundation
ATLANTA, GA
Assets
$432.0M
Grants
29
Total Given
$39.5M
Rhedcloud Foundation Inc
DECATUR, GA
Assets
$6K
Grants
1
Total Given
$13K
Atlanta Committee for Progress Inc
ATLANTA, GA
Assets
$2.1M
Grants
1
Total Given
$15K
Atlanta Postal Credit Union
ATLANTA, GA
Assets
$2.4B
Grants
4
Total Given
$308K
Justice for Children Foundation Inc
SAVANNAH, GA
Assets
$24K
Grants
0
Total Given
—
Southeast Area Blood Bankers
PEACHTREE CITY, GA
Assets
$33K
Grants
0
Total Given
—
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Institute for Educational on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Institute for Educational to a real strategy.