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World Education Services Inc

NEW YORK, NY EIN: 23-7396384 Website

World Education Services Inc (WES) is a nonprofit social enterprise based in New York City that has operated for 50 years since its founding in 1974 by Peace Corps volunteers. The organization supports the educational, economic, and social inclusion of immigrants, refugees, and international students in the United States and Canada. WES operates a self-sustaining social enterprise model, leveraging commercial revenues generated by products and services to fund social impact initiatives.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$259.8M

+11.4% YoY

Annual Giving

$4.0M

-13.7% YoY

Grant Count

40

-21.6% YoY

Avg Grant Size

$101K

+10.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Vision: Everyone is able to put their education, experience, and skills to work anywhere in the world.

Mission: We help people learn, work, and thrive in new places. We help society recognize the value of people's education and experience.

Core Values:

  • Opportunity: Opening doors so people can build better futures
  • Inclusion: Becoming stronger, more creative, and more resilient through embracing diversity
  • Equity: Upholding fairness and justice in work and actions
  • Enterprising: Being resourceful, inventive, and driven

Primary program areas include credential evaluation production and services supporting economic inclusion of immigrants and refugees.

Grantmaking

WES functions as both a service provider and a grantmaker through its philanthropic initiatives. The organization made grants totaling $6,912,235 in its most recent filing period, with typical award amounts ranging from $7,500 to $1,776,000.

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Geographic Focus

Where this funder awards grants

WES operates in the United States and Canada, with primary grantmaking activity noted in California, New York, and the District of Columbia.

Grant Distribution by State

31states
+23 more states

Cities

AlbanyAlbuquerqueAlexandriaAnn ArborAshevilleAstoriaAtlantaAustinAvondale EstatesBaton RougeBaysideBeaconBellevueBostonBoulderBronxBrooklynCarson CityCentrevilleChicago

Financial History

Multi-year comparison from IRS filings

As of December 2023:

  • Total Assets: $233,089,458
  • Total Revenues: $99,938,416
  • Total Expenses: $91,492,697
  • Number of Employees: 283

As of most recent filing (2024):

  • Total Assets: $259,765,506
  • Total Giving: $6,912,235

The organization maintains a strong financial position with a 96% rating reflecting excellent accountability and financial management.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$38M$77M$115M$154M20202021202220232024
Metric202420232022
Total Assets$259,765,506$233,089,458$205,422,025
Revenue$139,593,000$99,938,416$98,705,023
Expenses$98,706,735$91,492,697$85,612,582
Qualifying Distributions
Net Investment Income$39,798,853$2,631,978$659,199
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$7M32 grants202033 grants202147 grants202251 grants202340 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

TECHSTARS PARTNERS 2021 …$537KSORENSON IMPACT INSTITUTE$300KLA PLAZA DE ENCUENTRO GA…$225KNATIONAL ASSOCIATION OF …$200KREPRODUCTIVE HEALTH INVE…$200KUPWARDLY GLOBAL$160KRESILIENCE FORCE$150KWORKERS DEFENSE PROJECT$150KINCLUSIVE ACTION FOR THE…$125KNATIONAL PARTNERSHIP FOR…$110K

Grant Size Distribution

202 grants across all recorded years

89<$50K24$50–100K74$100–250K9$250–500K4$500K–1M2$1–5M$5M+

Open Grants

2 open opportunities from World Education Services Inc

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

ESTHER T BENJAMINCEO & EXECUTIVE DIRECTOR$951KJOHN VERMAATEN THRU …CHIEF FINANCIAL OFFICER$560KCHERYL TOTOCHIEF OPERATIONS OFFICER$492KBIREN SHAHCHIEF TECHNOLOGY OFFICER$426KPAUL FELTMANDEPUTY EXECUTIVE DIRECTOR, GTB$418KMONICA K MUNNCHIEF SOCIAL IMPACT OFFICER$402KABBIE J COWANCHIEF PEOPLE OFFICER$393KHOLLY SANDERSCHIEF TRANSFORMATION OFFICER$392KSHAMIRA MADHANYMANAGING DIRECTOR, WES CANADA$328KERNEST WURZBACHSR. DIRECTOR OF TECHNOLOGY$326KMEGAN BLACKBURNSIR. DIRECTOR, STRATEGY & PL…$307KBRIAN KOSTANTINSR DIRECTOR OF SALES, MKTG &…$305KNITEESE LENTON AS OF…CHIEF FINANCIAL OFFICER$74K

From 2024 filing

NameTitleHoursCompensation
AUDREY HENDLEYCHAIR2
SIDNEY R HARGOVICE CHAIR1
HELEN HAYWARDSECRETARY1
FERIDUN HAMDULLAHPURTREASURER1
CAROLINE GAYLETRUSTEE1
JOANNA HARRIESTRUSTEE1
SHAKTI JAUHARTRUSTEE1
AARON WILLIAMSTRUSTEE1
JULIE REDDYTRUSTEE1
PAOLO VARIASTRUSTEE1
FANTA AWTRUSTEE1
KAMAL BHATTACHARYATRUSTEE1
TOMAS CHAMORRO-PREMUZICTRUSTEE1
DONNA DANIELSTRUSTEE1
AJAY PATELTRUSTEE1
ESTHER T BENJAMINCEO & EXECUTIVE DIRECTOR40$951,029
NITEESE LENTON AS OF 10724CHIEF FINANCIAL OFFICER40$74,224
JOHN VERMAATEN THRU 123124CHIEF FINANCIAL OFFICER40$560,251
CHERYL TOTOCHIEF OPERATIONS OFFICER40$492,302
MONICA K MUNNCHIEF SOCIAL IMPACT OFFICER40$402,054
SHAMIRA MADHANYMANAGING DIRECTOR, WES CANADA40$328,072
MEGAN BLACKBURNSIR. DIRECTOR, STRATEGY & PLANNING40$307,107
ABBIE J COWANCHIEF PEOPLE OFFICER40$392,590
BIREN SHAHCHIEF TECHNOLOGY OFFICER40$425,522
HOLLY SANDERSCHIEF TRANSFORMATION OFFICER40$392,323
PAUL FELTMANDEPUTY EXECUTIVE DIRECTOR, GTB40$418,058
ERNEST WURZBACHSR. DIRECTOR OF TECHNOLOGY40$325,501
BRIAN KOSTANTINSR DIRECTOR OF SALES, MKTG & CS40$305,144

Recent News & Activity

Recent developments and announcements

WES has actively expanded its grantmaking through the Mariam Assefa Fund with multiple grant announcements supporting immigrant and refugee economic inclusion and leadership development. The fund has made commitments in both the United States and Canada, reflecting the organization's continental focus on supporting vulnerable populations in accessing economic opportunities and advancing equitable systems.

WES Mariam Assefa Fund Announces $2.5M in Grants

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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