2025-11-14T13:19:41-06:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 521818907 THE INSTITUTE FOR HIGHER EDUCATION POLICY INST 2028618245 1615 L STREET NW 310 WASHINGTON DC 20036 MARY G VOIGHT PRESIDENT & CEO 2028618245 2025-11-14 1 0 ELIZABETH W HELLER P00397829 3019519090 2024 2025-03-06 01:10:19Z MARY G VOIGHT 1615 L STREET NW 310 WASHINGTON DC 20036 8861160 0 X WWW.IHEP.ORG X 1993 DC SEE PART III, LINE 1. 10 10 26 10 0 0 1908614 8525255 37000 15000 131296 303832 39884 17073 2116794 8861160 0 0 0 0 2481801 2837601 0 0 85791 1729921 1438250 4211722 4275851 -2094928 4585309 10967525 15823577 485470 419410 10482055 15404167 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. 0 0 1648790 15000 DATA & TRANSPARENCY OUR SYSTEM OF HIGHER EDUCATION IS DATA-RICH BUT INFORMATION-POOR. IHEP PROMOTES 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 2014, IHEP HAS LED THE POSTSECONDARY DATA COLLABORATIVE (POSTSECDATA), A COALITION OF DIVERSE ORGANIZATIONS THAT JOINTLY ADVOCATES FOR THE USE OF HIGH-QUALITY POSTSECONDARY DATA TO IMPROVE ACCESS AND SUCCESS IN HIGHER EDUCATION, INFORM AND EVALUATE POLICY DEVELOPMENT, AND INFORM STUDENT CHOICES ABOUT THEIR INVESTMENTS IN HIGHER EDUCATION. 786783 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. IHEP WORKS TO SUPPORT KNOWLEDGE BUILDING AND SCALING OF DATA-DRIVEN STRATEGIES THAT IMPROVE COMPLETION. 570381 NEED-BASED AID NEED-BASED AID DOES MORE THAN MAKE COLLEGE MORE AFFORDABLE - IT MAKES COLLEGE POSSIBLE FOR TODAY'S STUDENTS. WE PROMOTE AFFORDABLE POSTSECONDARY EDUCATION BY: IDENTIFYING FINANCIAL CHALLENGES AND EXAMINING INNOVATIVE SOLUTIONS; CALLING TO PROTECT AND INCREASE NEED-BASED AID AT THE FEDERAL, STATE, AND INSTITUTIONAL LEVELS; AND WORKING WITH POLICYMAKERS AND PRACTITIONERS TO 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. 209952 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 AND CULTIVATE SUPPORT FOR COMPREHENSIVE REFORM THAT INCENTIVIZES AND SUPPORTS IMPROVEMENT, ESPECIALLY AMONG PROGRAMS THAT PERSISTENTLY DELIVER A LOW RETURN ON INVESTMENT. COLLEGE ADMISSIONS YEARS OF ADMISSIONS POLICIES HAVE LEFT BLACK, LATINX, AMERICAN INDIAN AND ALASKA NATIVE STUDENTS, AND STUDENTS FROM LOW-INCOME BACKGROUNDS UNDERREPRESENTED AT THE NATION'S SELECTIVE INSTITUTIONS. IHEP RESEARCHES RECRUITMENT, ADMISSIONS, AND ENROLLMENT POLICIES AND PRACTICES. WE BUILD FIELD SUPPORT FOR THE POSITIVE IMPACTS OF A DIVERSE CAMPUS TO ENCOURAGE INSTITUTIONS TO IMPLEMENT STRATEGIES THAT HELP MORE STUDENTS ACCESS POSTSECONDARY EDUCATION. 209952 3215906 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 0 0 0 0 0 0 0 0 0 0 1 26 0 1 26 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 AMBER MCKOWEN 2028618240 1615 L STREET WASHINGTON DC 20036 MARYELLEN MCGUIRE BOARD MEMBER/CHAIR 1.00 X X 0 0 0 AJITA TALWALKER MENON BOARD MEMBER/VICE CHAIR 1.00 X X 0 0 0 DENISA GANDARA BOARD MEMBER/SECRETARY 1.00 X X 0 0 0 BRIAN BRIDGES BOARD MEMBER 1.00 X 0 0 0 PETER O NWOSU 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 279625 0 40658 TOLA FADEYI CHIEF FINANCIAL OFFICER/TREASURER 40.00 X 191470 0 34788 KELLY LEON VP OF COMMS & GOVT AFFAIRS 40.00 X 201210 0 29544 DIANE CHENG VP OF RESEARCH & POLICY 40.00 X 196392 0 20799 AMANDA JANICE ROBERSON VP OF OPERATIONS 40.00 X 169960 0 34664 ELEANOR PETERS DIRECTOR OF RESEARCH AND POLICY 40.00 X 133850 0 28063 SEAN TIERNEY DIRECTOR OF RESEARCH AND POLICY 40.00 X 127796 0 15893 KIMBERLY DANCY ASSOCIATE DIR. OF RES. AND POLICY 40.00 X 120450 0 17221 1420753 0 221630 8 0 1 0 EDUCATION COUNSEL LLC 101 CONSTITUTION AVE NW STE 900 WASHINGTON DC 20001 STRATEGIC CONSULTING 198000 DESIGN DATA SYSTEMS 610 PROF DRIVE SUITE 102 GAITHERSBURG MD 20879 IT SERVICES 108943 2 8525255 8525255 ECMC CONTRACT 900099 15000 15000 15000 303832 303832 MISCELLANEOUS 900099 17073 17073 17073 8861160 15000 0 320905 X 1199111 764959 374196 59956 900431 894672 5759 45909 44280 1629 531292 351240 180052 160858 136729 24129 25190 25190 34821 34821 69000 69000 28765 28765 704167 557225 136666 10276 79102 29192 48250 1660 182241 144213 31272 6756 75282 60226 11292 3764 93883 73875 16629 3379 45594 36616 8978 23754 23754 13290 13290 PRINTING & PUBLICATIONS 44606 44606 DUES & SUBSCRIPTIONS 17752 9073 8679 TAXES AND LICENSES 803 803 4275851 3215906 974154 85791 1629565 1418298 379223 4713944 2001 20580 54395 48373 181385 149317 55823 32068 8627636 9453830 218882 136484 10967525 15823577 256664 278852 228806 140558 485470 419410 X 6781257 7670510 3700798 7733657 10482055 15404167 10967525 15823577 4585309 336803 0 X 0 1 X 1 0 X 3979991 8462750 4137847 1908614 8525255 27014457 3979991 8462750 4137847 1908614 8525255 27014457 20612793 6401664 5496 293 70094 131296 303832 511011 6874 39884 17073 63831 27589299 127000 0.23200 0.27930 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 2024, IS 23.25%, 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 23.25%, 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 STUDENTS 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 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 78648 78648 4168438 4247086 362354 90589 0 0 398335 358537 359443 362354 1478669 2218004 91956 95235 79946 78648 345785 99584 89634 89861 90589 369668 554502 17421 7984 9437 163964 141333 22631 32068 EXCHANGE TRADED FUNDS 1687692 F MUTUAL FUNDS - EQUITY FUNDS 3137677 F MUTUAL FUNDS - BOND FUNDS 4628461 F 9453830 OPERATING LEASE LIABILITY 140558 140558 9169198 336803 336803 8832395 28765 28765 8861160 4247086 0 4247086 28765 28765 4275851 X X X 0 0 0 0 0 0 0 1 0 MARY MAMIE G VOIGHT PRESIDENT & CEO 269625 0 10000 0 0 0 12561 0 28097 0 320283 0 0 0 KELLY LEON VP OF COMMS & GOVT AFFAIRS 171210 0 30000 0 0 0 8547 0 20997 0 230754 0 0 0 TOLA FADEYI CHIEF FINANCIAL OFFICER/TREASURER 171470 0 20000 0 0 0 7963 0 26825 0 226258 0 0 0 DIANE CHENG VP OF RESEARCH & POLICY 176392 0 20000 0 0 0 8917 0 11882 0 217191 0 0 0 AMANDA JANICE ROBERSON VP OF OPERATIONS 139960 0 30000 0 0 0 6713 0 27951 0 204624 0 0 0 ELEANOR PETERS DIRECTOR OF RESEARCH AND POLICY 128850 0 5000 0 0 0 6497 0 21566 0 161913 0 0 0 PART I, LINE 7 THE FOLLOWING PERFORMANCE BASED BONUSES WERE PAID TO INDIVIDUALS LISTED ON PART VII: MARY (MAMIE) G. VOIGHT $10,000 KELLY LEON $30,000 TOLA FADEYI $20,000 DIANE CHENG $20,000 AMANDA JANICE ROBERSON $30,000 ELEANOR PETERS $5,000 KIMBERLY DANCY $5,000 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 (MDC) 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 COMPARISON OF LIKE ORGANIZATIONS, WAS DETERMINED AND RECOMMENDED BY THE MDC COMMITTEE AND THE FULL BOARD OF DIRECTORS. THE DECISION WAS RECORDED IN A LETTER SIGNED BY THE BOARD CHAIR AND SENT TO IHEP'S HUMAN RESOURCES AND CFO. THE LAST SALARY REVIEW TOOK PLACE IN DECEMBER 2024. 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 OTHER PROF FEES: PROGRAM SERVICE EXPENSES 557,225. MANAGEMENT AND GENERAL EXPENSES 136,666. FUNDRAISING EXPENSES 10,276. TOTAL EXPENSES 704,167.