The Nea Foundation for the Improvement

WASHINGTON, DC EIN: 23-7035089 Website

THE NEA FOUNDATION (THE FOUNDATION), WORKS IN PARTNERSHIP WITH OTHERS TO PROMOTE THE VERY BEST IN PUBLIC EDUCATION.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$52.7M

+11.7% YoY

Annual Giving

$1.1M

+0.9% YoY

Grant Count

14

-6.7% YoY

Avg Grant Size

$78K

+8.2% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$11M$15M20202021202220232024
Metric202420232022
Total Assets$52,733,359$47,215,857$46,299,667
Revenue$6,658,255$3,234,576$13,777,530
Expenses$6,194,524$5,860,697$6,620,376
Qualifying Distributions
Net Investment Income$3,040,609$-117,539$10,084,065
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$361K$722K$1M$1M6 grants202013 grants202124 grants202215 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AEH COMMUNITY HEALTH SER…$225KCITY OF LITTLE ROCK CO L…$225KBATESVILLE SCHOOL DISTRICT$150KINSTITUTE FOR DEMOCRATIC…$130KCOMMUNITY FOUNDATION FOR…$66KJOURNEY FOR JUSTICE ALLI…$65KCLARKSDALE MUNICIPAL SCH…$59KRURAL COMMUNITY ALLIANCE$45KUNIVERSITY OF ARKANSAS A…$34KGRANTMAKERS FOR EDUCATION$24K

Grant Size Distribution

72 grants across all recorded years

32<$50K17$50–100K22$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does The Nea Foundation for the Improvement fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

SARA SNEEDPRESIDENT & CEO$293KERIC JAMESCFAO$179KMARGARET PORTACOIO$175KKATHERINE GIBNEYSVP OF DEVELOPMENT$154KANDREW GRABELSVP OF COMMS. (UNTIL 6/18/24)$132K

From 2024 filing

NameTitleHoursCompensation
SARA SNEEDPRESIDENT & CEO37.5$292,844
NICK ARCHULETACHAIR10
VALERIA LASSITERIMMEDIATE PAST CHAIR2
OLETA GARRETT FITZGERALDVICE-CHAIR2
JOY WHITLOWSECRETARY-TREASURER2
AARO JEAN BELLDIRECTOR1
DAAIYAH BILAL-THREATSDIRECTOR1
BRET CONKLINDIRECTOR1
TIA DOWDELLDIRECTOR1
BERTIS DOWNSDIRECTOR1
LAURA ENGELDIRECTOR1
ERICA WEBBER JONESDIRECTOR1
JOANNE KRELLDIRECTOR1
STUART LUCASDIRECTOR1
BRENT MCKIMDIRECTOR1
PEDRO NOGUERADIRECTOR1
ROGER POLLAKDIRECTOR1
BECKY PRINGLEDIRECTOR1
JANE QUINDIRECTOR1
MARCY SINGER-GABELLADIRECTOR1
DENISE SHEEHANDIRECTOR1
DERRON WALLACEDIRECTOR1
MONICA WASHINGTONDIRECTOR1
JERRY WEASTDIRECTOR1
ROSS WIENERDIRECTOR1
MARGARET PORTACOIO37.5$175,149
ERIC JAMESCFAO37.5$178,529
KATHERINE GIBNEYSVP OF DEVELOPMENT37.5$154,191
ANDREW GRABELSVP OF COMMS. (UNTIL 6/18/24)37.5$132,399

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

17states
+9 more states

Cities

BatesvilleBaton RougeBillingsBronxChicagoClarksdaleEmporiaGreen BayJacksonLittle RockLynnwoodMarksMilwaukeeMoreno ValleyMysticNew YorkNew York CityOaklandPhiladelphiaPine Bluff

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

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