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World Education Services Inc

Foundation · Grantmaker 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.

Key facts about World Education Services Inc

EIN
23-7396384
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$4,027,167
Grants made (2024)
40
Average grant
$100,679
Median grant
$100,000
New grantees (estimate)
63% first-time grantees (25 of 40, 2024)
Total assets
$259,765,506
Primary geography
California (21% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who World Education Services Inc funds

By grant dollars, the top recipient states for World Education Services Inc's 40 itemized 2024 grants were California (21%), Colorado (13%) and District of Columbia (11%). The most frequent recipient cities were Washington, DC (5 grants), Chicago, IL (4 grants), New York, NY (4 grants) and San Francisco, CA (2 grants). 53% of grants with a stated purpose were for general or operating support. Recurring purposes include "Project-Based Support Grant" (8 grants) and "Donation" (7 grants).

Is World Education Services Inc open to new grantees?

63%

first-time grantees, 2024

In 2024, 25 of 40 grantees (63%) were first-time recipients. First grants averaged $90K; repeat grants $119K. How we count

Medians: $100K first-time, $100K repeat.

  • 23% of 2024 grantees were also funded in 2023. Method
  • Giving grew 65% from 2021 to 2024. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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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

Share of all 40 itemized 2024 grant dollars.

Cities

New YorkWashing TonLos AngelesOaklandSan FranciscoAlbuquerqueBostonChicagoAustinBronxPhiladelphiaNorthamptonAlbanyAtlantaBrooklynLong BeachNewtonPortlandRaleighSan Diego

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———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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 LLC: $537KTechstars Partners 2021 LLC$537KSorenson Impact Institute: $300KSorenson Impact Institute$300KLa Plaza De Encuentro Gathering Place: $225KLa Plaza De EncuentroGathering Place$225KNational Association of System Heads: $200KNational Association of SystemHeads$200KReproductive Health Investors Alliance Inc: $200KReproductive Health InvestorsAlliance Inc$200KUpwardly Global: $160KUpwardly Global$160KResilience Force: $150KResilience Force$150KWorkers Defense Project: $150KWorkers Defense Project$150KInclusive Action for the City: $125KInclusive Action for the City$125KNational Partnership for New Americans Inc: $110KNational Partnership for NewAmericans Inc$110K

Grant Size Distribution

203 grants across all recorded years

90<$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

Among its reported 2024 grants, the largest recipients include Techstars Partners 2021 LLC ($536,667), Sorenson Impact Institute ($300,000), La Plaza De Encuentro Gathering Place ($225,000).

RecipientPurposeAmount
TECHSTARS PARTNERS 2021 LLC Boulder, COPROJECT-BASED SUPPORT GRANT$536,667
SORENSON IMPACT INSTITUTE Salt Lake City, UTPROJECT-BASED SUPPORT GRANT$300,000
LA PLAZA DE ENCUENTRO GATHERING PLACE Albuquerque, NMGENERAL OPERATING SUPPORT GRANT$225,000
NATIONAL ASSOCIATION OF SYSTEM HEADS Washington, DCPROJECT-BASED SUPPORT GRANT$200,000
REPRODUCTIVE HEALTH INVESTORS ALLIANCE INC San Francisco, CAPROJECT-BASED SUPPORT GRANT$200,000
UPWARDLY GLOBAL San Francisco, CAPROJECT-BASED SUPPORT GRANT$160,000
RESILIENCE FORCE New Orleans, LAGENERAL OPERATING SUPPORT GRANT$150,000
WORKERS DEFENSE PROJECT Austin, TXGENERAL OPERATING SUPPORT GRANT$150,000
INCLUSIVE ACTION FOR THE CITY Los Angeles, CAGENERAL OPERATING SUPPORT GRANT$125,000
NATIONAL PARTNERSHIP FOR NEW AMERICANS INC Chicago, ILGENERAL OPERATING SUPPORT GRANT$110,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Esther T Benjamin — CEO & Executive Director: $951KEsther T BenjaminCEO & Executive Director$951KJohn Vermaaten Thru 123124 — Chief Financial Officer: $560KJohn Vermaaten Thru…Chief Financial Officer$560KCheryl Toto — Chief Operations Officer: $492KCheryl TotoChief Operations Officer$492KBiren Shah — Chief Technology Officer: $426KBiren ShahChief Technology Officer$426KPaul Feltman — Deputy Executive Director, GTB: $418KPaul FeltmanDeputy Executive Director, GTB$418KMonica K Munn — Chief Social Impact Officer: $402KMonica K MunnChief Social Impact Officer$402KAbbie J Cowan — Chief People Officer: $393KAbbie J CowanChief People Officer$393KHolly Sanders — Chief Transformation Officer: $392KHolly SandersChief Transformation Officer$392KShamira Madhany — Managing Director, Wes Canada: $328KShamira MadhanyManaging Director, Wes Canada$328KErnest Wurzbach — Sr. Director of Technology: $326KErnest WurzbachSr. Director of Technology$326KMegan Blackburn — Sir. Director, Strategy & Planning: $307KMegan BlackburnSir. Director, Strategy &…$307KBrian Kostantin — Sr Director of Sales, MKTG & CS: $305KBrian KostantinSr Director of Sales, MKTG & CS$305KNiteese Lenton as of 10724 — Chief Financial Officer: $74KNiteese Lenton as of…Chief Financial Officer$74K

From 2024 IRS 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

Frequently Asked Questions

What does World Education Services Inc fund?

**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 • *…

How do I apply for a grant from World Education Services Inc?

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. Recent grantmaking activity includes: • **Village Capital** received a Project Support Grant of $604,555 in December 2023 WES operates the Mariam Assefa Fund, which has announced multiple grant rounds: • $2.5 million in grants for immigrant economic inclusi…

Where does World Education Services Inc make grants?

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

What size grants does World Education Services Inc award?

In 2024, World Education Services Inc awarded 40 grants totaling $4.0M — an average of about $101K per grant, based on its IRS Form 990 filings.

What is World Education Services Inc's EIN?

World Education Services Inc's EIN (Employer Identification Number) is 23-7396384. IRS Form 990 filing data is available on this page for 2020–2024.

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

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