2024-11-12T10:40:24-06:00 2023-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-01-01 521818907 THE INSTITUTE FOR HIGHER EDUCATION POLICY INST 2028618223 1615 L STREET WASHINGTON DC 20006 MARY G VOIGHT PRESIDENT & CEO 2028618223 2024-11-12 1 0 ELIZABETH W HELLER P00397829 3019519090 2023 2024-10-15 13:58:12Z MARY G VOIGHT 1615 L STREET WASHINGTON DC 20006 2116794 0 X WWW.IHEP.ORG X 1993 DC SEE PART III, LINE 1. 10 10 23 12 0 0 4137847 1908614 55000 37000 70094 131296 6874 39884 4269815 2116794 0 0 0 0 2105721 2481801 0 0 82009 2070493 1729921 4176214 4211722 93601 -2094928 12747452 10967525 598195 485470 12149257 10482055 X THE INSTITUTE FOR HIGHER EDUCATION POLICY (IHEP) WORKS TO BUILD A MORE EQUITABLE AND JUST SOCIETY THROUGH HIGHER EDUCATION. WE DRIVE SYSTEMIC CHANGE TO ADVANCE EQUITABLE OUTCOMES AND GENERATIONAL IMPACT FOR COMMUNITIES HISTORICALLY MARGINALIZED BASED ON RACE, ETHNICITY, OR INCOME. WE PURSUE THIS CHANGE THROUGH RESEARCH, ADVOCACY, POLICY DEVELOPMENT, AND FIELD ENGAGEMENT. IHEP'S WORK IS DESIGNED TO PROMOTE INNOVATIVE SOLUTIONS AND PRACTICE-ORIENTED RESEARCH TO GUIDE EDUCATION LEADERS. THROUGH STRATEGIC COMMUNICATIONS AND GOVERNMENT AFFAIRS ADVOCACY, WE ENSURE OUR RESEARCH AND SOLUTIONS REACH DECISIONMAKERS WHO DEVELOP POLICIES THAT ADDRESS THE IMPORTANT AND COMPLEX ISSUES FACING HIGHER EDUCATION. IHEP PROMOTES OPPORTUNITY THROUGH THE FOLLOWING FOCUS AREAS: 0 0 1542096 37000 DATA & TRANSPARENCYOUR SYSTEM OF HIGHER EDUCATION IS DATA-RICH BUT INFORMATION-POOR. WE PROMOTE SMART HIGHER EDUCATION DATA USE BY IDENTIFYING TRENDS IN DATA COLLECTION AND REPORTING AT THE FEDERAL, STATE, AND INSTITUTIONAL LEVELS, SUPPORTING A CULTURE OF DATA-USE ON CAMPUSES THROUGH OUR RESEARCH, TRAININGS, AND COMMUNITIES OF PRACTICES, AND CALLING FOR THE MODERNIZATION OF OUR POSTSECONDARY DATA INFRASTRUCTURE. SINCE 2016, IHEP HAS LED THE POSTSECONDARY DATA COLLABORATIVE (POSTSECDATA), A COALITION OF DIVERSE ORGANIZATIONS THAT RECOGNIZE THE POWER OF HIGH-QUALITY DATA TO ENSURE EQUITABLE ACCESS AND SUCCESS IN HIGHER EDUCATION. THE COALITION JOINTLY ADVOCATES FOR THE USE OF HIGH-QUALITY POSTSECONDARY DATA TO PROMOTE STUDENT SUCCESS, INFORM AND EVALUATE POLICY AND INFORM STUDENT CHOICES ABOUT THEIR INVESTMENTS IN HIGHER EDUCATION. 582674 STRONG OUTCOMES FOR ALL STUDENTS ALL INSTITUTIONS AND PROGRAMS SHOULD DELIVER VALUE TO STUDENTS. DRAWING FROM OUR POSTSECONDARY VALUE FRAMEWORK, WE EVALUATE NOVEL APPROACHES TO ASSESS THE ECONOMIC RETURNS STUDENTS RECEIVE FOR THEIR POSTSECONDARY INVESTMENT, CONSIDER IMPACT WITH EQUITY IN MIND, AND CULTIVATE SUPPORT FOR COMPREHENSIVE REFORM THAT INCENTIVIZES AND SUPPORTS IMPROVEMENT, ESPECIALLY AMONG PROGRAMS THAT PERSISTENTLY DELIVER A LOW RETURN ON INVESTMENT. 422154 EVIDENCE-BASED COMPLETION HIGHER EDUCATION CAN BE A PATHWAY TO ECONOMIC SECURITY, SOCIAL MOBILITY AND SOCIETY-WIDE VALUE IF STUDENTS EARN A DEGREE OR CREDENTIAL. IHEP PROMOTES EVIDENCE-BASED PATHWAYS TO COMPLETION FOR TODAY'S STUDENTS BY IDENTIFYING BARRIERS TO COMPLETION AND DEGREE ATTAINMENT, EXAMINING INNOVATIVE AND EFFECTIVE APPROACHES AT THE INSTITUTIONAL, STATE, AND FEDERAL LEVELS TO PROMOTE COMPLETION, AND WORKING WITH POLICYMAKERS AND PRACTITIONERS TO ADVANCE STRATEGIES AND POLICIES THAT SUPPORT STUDENTS AS THEY COMPLETE THEIR STUDIES. AS CHAMPIONS OF THE FEDERAL POSTSECONDARY STUDENT SUCCESS GRANT PROGRAM, IHEP WORKS TO RAISE AWARENESS AMONG INSTITUTIONS OF THIS CRITICAL FUNDING TO SUPPORT KNOWLEDGE BUILDING AND SCALING OF DATA-DRIVEN STRATEGIES THAT IMPROVE COMPLETION. WE ALSO ADVOCATE FOR FEDERAL AUTHORIZATION AND DEEPENED INVESTMENTS IN THE POSTSECONDARY STUDENT SUCCESS GRANT PROGRAM. THESE EFFORTS ARE INFORMED BY IHEP'S DEGREES WHEN DUE INITIATIVE THAT HELPED NEARLY 200 TWO- AND FOUR-YEAR INSTITUTIONS IN 23 STATES IDENTIFY, REENGAGE AND SUPPORT SOME OF THE 39 MILLION ADULTS WHO HAVE COMPLETED SOME COLLEGE, BUT DID NOT EARN A DEGREE. SIMILARLY, IHEP'S TRANSFER BOOST INITIATIVE AIMED TO IMPROVE OUTCOMES FOR SOME OF THE 69% OF COMMUNITY COLLEGE ENROLLEES WHO DO NOT TRANSFER TO A 4-YEAR INSTITUTION. THE COHORT-BASED INITIATIVE HELPED INSTITUTIONS IN FOUR STATES DEVELOP BACHELOR'S OPPORTUNITY OPTIONS THAT ARE STRAIGHTFORWARD AND TRANSPARENT, ELEVATE TRANSFER COMMITMENTS, AND REACH STUDENTS WITH CLEAR MESSAGING ABOUT AFFORDABLE TRANSFER PATHWAYS. 259928 EQUITABLE COLLEGE ADMISSIONS YEARS OF INEQUITABLE ADMISSIONS POLICIES HAVE LEFT BLACK, LATINX, AND AMERICAN INDIAN AND ALASKA NATIVE STUDENTS UNDERREPRESENTED AT THE NATION'S SELECTIVE INSTITUTIONS, AND THE U.S. SUPREME COURT DECISIONS MAKE REVERSING THOSE TRENDS BOTH MORE DIFFICULT AND MORE CRITICAL THAN EVER. WE BUILD FIELD SUPPORT FOR THE POSITIVE IMPACTS OF A DIVERSE CAMPUS TO ENCOURAGE INSTITUTIONS TO IMPLEMENT STRATEGIES THAT WILL INCREASE RACIAL AND SOCIOECONOMIC DIVERSITY. IHEP RESEARCHES RECRUITMENT, ADMISSIONS, AND ENROLLMENT POLICIES AND PRACTICES THAT INEQUITABLY BENEFIT STUDENTS FROM PRIVILEGED BACKGROUNDS, AND THEIR IMPACT ON THE SUCCESS OF STUDENTS OF COLOR AND STUDENTS FROM LOW-INCOME BACKGROUNDS. 113848 NEED-BASED AID NEED-BASED AID DOES MORE THAN MAKE COLLEGE MORE AFFORDABLE - IT MAKES COLLEGE POSSIBLE. WE PROMOTE AFFORDABLE POSTSECONDARY EDUCATION FOR TODAY'S STUDENTS BY IDENTIFYING FINANCIAL CHALLENGES, EXAMINING INNOVATIVE APPROACHES TO ADDRESS THEM, CALLING TO PROTECT AND INCREASE NEED-BASED AID AT THE FEDERAL, STATE, AND INSTITUTIONAL LEVELS, AND WORKING WITH POLICYMAKERS AND PRACTITIONERS TO ADVANCE STRATEGIES AND POLICIES THAT PRIORITIZE NEED-BASED INVESTMENT IN STUDENTS. WE FOCUS SQUARELY ON ENHANCING SUPPORT FOR STUDENTS LIVING WITH LOW AND MODERATE INCOMES, INCLUDING THROUGH PELL GRANTS, AND FUNDING TO SUPPORT NON-TUITION COSTS THAT INCLUDE BASIC NEEDS SUCH AS FOOD AND HOUSING. 373776 2920700 1 1 0 1 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 35 0 1 23 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X TOLA FADEYI 2028618240 1615 L STREET WASHINGTON DC 20006 PETER O NWOSU BOARD MEMBER/CHAIR 1.00 X X 0 0 0 MARYELLEN MCGUIRE BOARD MEMBER/VICE CHAIR 1.00 X X 0 0 0 AJITA TALWALKER MENON BOARD MEMBER/SECRETARY 1.00 X X 0 0 0 BRIAN BRIDGES BOARD MEMBER, FROM 12/2023 1.00 X 0 0 0 LAURA CRONIN BOARD MEMBER, UNTIL 12/2023 1.00 X 0 0 0 JACOB FRAIRE BOARD MEMBER/CHAIR, UNTIL 12/2023 1.00 X X 0 0 0 DENISA GANDARA BOARD MEMBER 1.00 X 0 0 0 MIKE KRAUSE BOARD MEMBER 1.00 X 0 0 0 JAMES LARIMORE BOARD MEMBER 1.00 X 0 0 0 ROB OLCOTT BOARD MEMBER 1.00 X 0 0 0 AMANDA R TACHINE BOARD MEMBER 1.00 X 0 0 0 MICHELLE R WEISE BOARD MEMBER 1.00 X 0 0 0 MARY MAMIE G VOIGHT PRESIDENT & CEO 40.00 X 288867 0 38751 TOLA FADEYI CFO/TREASURER 40.00 X 165945 0 32765 DIANE CHENG VP OF RESEARCH & POLICY 40.00 X 173357 0 18878 KELLY LEON VP OF COMMS & GOV'T AFFAIRS, FROM 2/1/2023 40.00 X 145686 0 24096 AMANDA JANICE ROBERSON SENIOR DIRECTOR OF SEPO 40.00 X 125384 0 32111 KIMBERLY DANCY ASSOCIATE DIRECTOR OF R&P 40.00 X 113066 0 16231 ELEANOR PETERS DIRECTOR OF RESEARCH AND POLICY 40.00 X 101865 0 26485 1114170 0 189317 7 0 1 0 EDUCATION COUNSEL LLC 101 CONNECTICUT AVE NW STE 900 WASHINGTON DC 20001 EDUCATION CONSULTING 198000 DESIGN DATA SYSTEMS 601 PROF DRIVE SUITE 102 GAITHERSBURG MD 20879 IT SUPPORT 126605 2 1908614 1908614 ECMC CONTRACT 900099 37000 37000 37000 131296 131296 MISCELLANEOUS 900099 39884 39884 39884 2116794 37000 0 171180 X 718561 477479 205156 35926 1354584 987195 346934 20455 56623 41676 14124 823 202922 154695 44416 3811 149111 105076 40175 3860 7589 7589 40730 40730 69700 69700 22857 22857 837745 547282 290463 116596 41218 73508 1870 162560 104763 48605 9192 92218 69830 16791 5597 109893 104196 5697 197177 186956 10221 24500 24500 11790 11790 PRINTING & PUBLICATIONS 25599 25599 DUES & SUBSCRIPTIONS 9785 5035 4275 475 TAXES AND LICENSES 1182 1182 4211722 2920700 1209013 82009 5889246 1629565 2809973 379223 2001 128641 54395 181385 125562 62902 55823 3559671 8627636 297019 218882 12747452 10967525 308778 256664 289417 228806 598195 485470 X 5550757 6781257 6598500 3700798 12149257 10482055 12747452 10967525 -2094928 427726 0 X 0 1 X 1 0 X 1917772 3979991 8462750 4137847 1908614 20406974 1917772 3979991 8462750 4137847 1908614 20406974 14620541 5786433 52949 5496 293 70094 131296 260128 4941 6874 39884 51699 20718801 112000 0.27930 0.22440 X INSTITUTE FOR HIGHER EDUCATION POLICY (IHEP) QUALIFIES AS A PUBLIC CHARITY UNDER THE "FACTS AND CIRCUMSTANCES" TEST OF 1.170A-9(F)(3) OF THE TREASURY REGULATIONS, BASED UPON THE FOLLOWING:ITS SUPPORT, AS REPORTED FOR 2023, IS 27.90%, THEREBY MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(I).IHEP IS ORGANIZED AND OPERATED SO AS TO ATTRACT NEW AND ADDITIONAL FUNDING ON A CONTINUOUS BASIS, THEREBY MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(II). AFTER HAVING REVIEWED OUR BUSINESS FUNDING MODEL IN RECENT YEARS, IHEP HAS SUCCESSFULLY BEGUN DIVERSIFYING OUR CURRENT FOUNDATION SUPPORT AND BROADENING OUR AVENUES OF FUNDING. RECOGNIZING THE VALUE OF IHEP'S WORK TO IMPROVE ACCESS AND SUCCESS IN POSTSECONDARY EDUCATION TO UNDERSERVED POPULATIONS, MORE PRIVATE FOUNDATIONS CONTINUE TO PROVIDE IHEP WITH SUPPORT TO BOTH HELP THE ORGANIZATION CONTINUE AND EXPAND ITS PROGRAM AND RESEARCH WORK AND STRENGTHEN ITS GENERAL OPERATIONS. IHEP'S PUBLIC SUPPORT, AT 27.90%, IS ABOVE THE 10% MINIMUM REQUIRED FOR THE "FACTS AND CIRCUMSTANCES" TEST, THEREBY MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(III). IN MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(I), IHEP HAS RECEIVED SUPPORT FROM A NUMBER OF FOUNDATIONS, INDIVIDUALS, AND OTHER EDUCATION ORGANIZATIONS RATHER THAN RECEIVING ALL OR MOST OF ITS SUPPORT FROM A SINGLE FOUNDATION. IN FACT, IHEP HAS RECEIVED FINANCIAL SUPPORT FROM SEVERAL INDIVIDUAL DONORS AND OTHER EDUCATION ORGANIZATIONS, IN ADDITION TO GRANTS RECEIVED FROM A NUMBER OF DIFFERENT FOUNDATIONS. IHEP'S CURRENT FUNDRAISING PLANS EMERGING FROM THE BUSINESS MODEL REVIEW TARGETS A NEW AREA OF DONORS. IN THIS RESPECT, IHEP MEETS THE REQUIREMENT OF 1.170A-9(F)(3)(III)(B).IHEP REMAINS AN ORGANIZATION COMMITTED TO SERVING THE PUBLIC THROUGH ITS WORK. IHEP WAS FORMED UNDER THE PHILOSOPHY THAT ALL UNDERSERVED STUDENTS - WITH A FOCUS ON STUDENTS OF COLOR,STUDENTS FROM LOW-INCOME BACKGROUNDS, AND OTHER HISTORICALLY MARGINALIZED POPULATIONS - SHOULD HAVE ACCESS TO AND BE SUCCESSFUL IN ACHIEVING A HIGHER EDUCATION DEGREE. IHEP WORKS EXCLUSIVELY TO SERVE THE STUDENTS IN POST-SECONDARY EDUCATION. IHEP PUBLISHES RESEARCH AND POLICY REPORTS AND RELATED COLLATERAL THROUGHOUT THE YEAR TO IDENTIFY AND ADDRESS NEEDED INSTITUTIONAL, STATE, AND FEDERAL POLICY CHANGES AND CHALLENGES THAT STUDENTS --ESPECIALLY THOSE FROM UNDERSERVED POPULATIONS-- EXPERIENCE AS THEY TRY TO ACCESS AND SUCCEED IN THEIR POST-SECONDARY EDUCATION. BECAUSE THE VITAL EDUCATIONAL MATERIAL THAT IHEP PRODUCES ARE THE CORE OF ITS WORK, AND IHEP MAKES THESE PUBLICATIONS AVAILABLE TO THE PUBLIC AT NO COST, IHEP FURTHER DEMONSTRATES ITS PUBLIC SUPPORT. IN THIS MANNER, IHEP MEETS THE REQUIREMENT OF 1.170A-9(F)(3)(III)(D). SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 79946 79946 4108919 4188865 359443 89861 0 0 432465 398335 358537 359443 1548780 2323170 60880 91956 95235 79946 328017 108116 99584 89634 89861 387195 580793 17421 3629 13792 163964 121933 42031 55823 EXCHANGE TRADED FUNDS 1109314 F MUTUAL FUNDS - EQUITY FUNDS 2806033 F MUTUAL FUNDS - BOND FUNDS 4712289 F 8627636 OPERATING LEASE LIABILITY 228806 228806 2521663 427726 427726 2093937 22857 22857 2116794 4188865 0 4188865 22857 22857 4211722 X X X 0 0 0 0 0 0 0 1 0 MARY MAMIE G VOIGHT PRESIDENT & CEO 261567 0 27300 0 0 0 12261 0 26490 0 327618 0 0 0 TOLA FADEYI CFO/TREASURER 165945 0 0 0 0 0 7697 0 25068 0 198710 0 0 0 DIANE CHENG VP OF RESEARCH & POLICY 168357 0 5000 0 0 0 7650 0 11228 0 192235 0 0 0 KELLY LEON VP OF COMMS & GOV'T AFFAIRS, FROM 2/ 145686 0 0 0 0 0 6694 0 17402 0 169782 0 0 0 AMANDA JANICE ROBERSON SENIOR DIRECTOR OF SEPO 125384 0 0 0 0 0 5829 0 26282 0 157495 0 0 0 PART I, LINE 7 THE FOLLOWING PERFORMANCE BASED BONUSES WERE PAID TO INDIVIUDALS LISTED ON PART VII: MARY (MAMIE) G. VOIGHT $27,300 DIANE CHENG $5,000 KRISTIN HULTQUIST FORMER BOARD MEMBER 20160 IHEP TRANSACTED WITH HCM STRATEGISTS LLC (HCM) AS A SUBCONTRACTOR. KRISTIN HULTQUIST, FORMER IHEP OFFICER AND BOARD MEMBER, OWNS >35% OF HCM. 0 MARY ELLEN MCGUIRE OFFICER OF IHEP BOARD 24000 IHEP WAS AWARDED A CONTRACT FROM THE POSTSECONDARY NATIONAL POLICY INSTITUTE (PNPI). MARY ELLEN MCGUIRE, IHEP VICE-CHAIR, IS THE PRESIDENT AND FOUNDER OF PNPI. 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. THE FORM 990 WAS THEN PROVIDED ELECTRONICALLY TO THE ENTIRE BOARD FOR REVIEW, QUESTIONS AND/OR COMMENTS. ONCE ANY QUESTIONS OR COMMENTS ARE ADDRESSED, EACH MEMBER OF THE BOARD SENDS VIA E-MAIL THEIR APPROVAL, AND THEN THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C IHEP MONITORS ITS CONFLICT OF INTEREST POLICY EACH YEAR BY REQUIRING BOARD MEMBERS AND EMPLOYEES TO DISCLOSE ANY NEW INFORMATION RELATING TO POTENTIAL CONFLICTS. THROUGHOUT THE YEAR, THE PRESIDENT IS ALERTED IF THERE ARE ANY CHANGES SUBSEQUENT TO THE ANNUAL DISCLOSURE. IF A CONFLICT ARISES, THE CONFLICTED BOARD MEMBERS RECUSES HIMSELF/HERSELF FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE MANAGEMENT DEVELOPMENT AND COMPENSATION (MCD) COMMITTEE, WHICH IS MADE UP OF INDEPENDENT BOARD MEMBERS, ESTABLISHED PERFORMANCE GOALS AND OBJECTIVES, CONDUCTED YEAR-END REVIEWS, AND EVALUATED THESE (MEASUREABLE) PERFORMANCE GOALS. APPROPRIATE COMPENSATION, BASED ON INFORMAL COMPARISON OF LIKE ORGANIZATIONS, WAS DETERMINED AND RECOMMENDED BY THE MDC COMMITTEE. THE DECISION WAS RECORDED IN THE BOARD MINUTES. THE LAST SALARY REVIEW TOOK PLACE IN DECEMBER 2023. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 405,705. MANAGEMENT AND GENERAL EXPENSES 290,350. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 696,055. INTERNS: PROGRAM SERVICE EXPENSES 38,963. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,963. HONORARIUM: PROGRAM SERVICE EXPENSES 69,135. MANAGEMENT AND GENERAL EXPENSES 113. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 69,248. SUBCONTRACTS: PROGRAM SERVICE EXPENSES 28,560. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,560. NET PROF FEES: PROGRAM SERVICE EXPENSES 4,919. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,919.