Organizations Filed Purposes:
To inspire and to facilitate improvements that affect educational outcomes, especially among underserved populations, through evidence-based innovation.
ECMC Foundation is a grantmaking foundation focused on improving the educational outcomes of underserved youth through evidence-based innovation.
College Success. The Foundation supports two focus areas: College Success and Career Readiness; and uses a spectrum of funding structures, including strategic grantmaking and program-related investments. In 2019 the Foundation made grants and investments to 290 organizations (including 175 new grantees) in 33 states. The College Success focus area seeks to increase persistence and graduation rates of students who face systemic challenges in earning a bachelor's degree. These students include, but are not limited to, first-generation college students, students from low-income backgrounds and students of color. Understanding that many students begin their postsecondary pathways at community colleges, ECMC Foundation actively engages in opportunities to invest in transfer success.
Career Readiness. The Foundation supports two focus areas: College Success and Career Readiness; and uses a spectrum of funding structures, including strategic grantmaking and program-related investments. In 2019 the Foundation made grants and investments to 290 organizations (including 175 new grantees) in 33 states. The Career Readiness focus area is committed to improving postsecondary career and technical education (CTE) outcomes for students from underserved backgrounds. Grants made as part of the Career Readiness focus area typically fund intermediaries, institutions or organizations that are supporting, implementing, researching or evaluating credit-bearing postsecondary pathways for adult learners that lead to academic credentials and provide a pathway to careers paying family-sustaining wages.
Education Innovation Ventures. The Foundation supports two focus areas: College Success and Career Readiness; and uses a spectrum of funding structures, including strategic grantmaking and program-related investments. In 2019 the Foundation made grants and investments to 290 organizations (including 175 new grantees) in 33 states. ECMC Foundation's Education Innovation Ventures (EIV) program makes below-market-rate investments into nonprofit and for-profit ventures that seek to generate both social impact and financial returns. Complementing ECMC Foundation's strategic grantmaking, the EIV program uses a full spectrum of program-related investments-including debt and equity instruments-to improve educational outcomes and economic mobility among learners from underserved backgrounds. Financial returns are reinvested into additional program-related investments, allowing ECMC Foundation to recycle investment dollars and generate further positive impact on learners' lives.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Peter J Taylor | President & Director, ECMC Foundation | 40 | $738,224 |
| Jennifer E Zeisler | Sr Dir, Program Management | 40 | $159,055 |
| Jessica E Haselton | Dir, Program-Related Investments | 40 | $134,557 |
| Sarah Belnick | Sr Dir, Program Management | 40 | $129,611 |
| Lynn Alvarez | VP, Foundation Programs and Strategy | 40 | $126,667 |
| Alissa Santoro | Office Manager & Executive Assistant | 40 | $113,625 |
| Roberta Cooper Ramo | Former Director not paid by Foundation | 0 | $0 |
| Richard J Boyle | Former Director/CEO/President not paid by Foundation | 0 | $0 |
| I King Jordan | Former Director not paid by Foundation | 0 | $0 |
| Gregory A Van Guilder | Former CFO not paid by Foundation, current CIO, ECMC Group, Inc. | 0 | $0 |
| Martin A Scanlon | CFO & Treasurer not paid by Foundation | 0 | $0 |
| Daniel S Fisher | General Counsel/Corp Secretary not paid by Foundation | 0 | $0 |
| Maurice M Salter | Director not paid by Foundation | 1 | $0 |
| K Paul Singh | Director not paid by Foundation | 1 | $0 |
| Julia S Gouw | Director not paid by Foundation | 1 | $0 |
| John F Depodesta | Board Chair not paid by Foundation | 2 | $0 |
| Jeremy J Wheaton | President & CEO, ECMC Group, Inc. | 0 | $0 |
| James V Mckeon | Director not paid by Foundation | 2 | $0 |
| Jack O'Connell | Director not paid by Foundation | 2 | $0 |
| Diana J Ingram | Director not paid by Foundation | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202033179349309098_public.xml