About Prea Foundation
The mission of the PREA Foundation is to advance the interests and values of the institutional real estate investment community by creating opportunities for people from all backgrounds to access and excel in the industry.
Focus Areas
career developmentinternship supporteducation & trainingworkforce developmentdiversity & inclusion in commercial real estate
Who They Fund
college-age womendiverse MBA studentsunderserved high school seniorsMBA students / early-career professionals
Funding Style
workforce development / career pipelineeducation and skills training
About Prea Foundation
Prea Foundation Inc. has built a grantmaking pattern around commercial real estate career access, with one program standing out for its scale: $1.73 million in 2025 to Sponsors for Educational Opportunity Inc. for the PREA/SEO Real Estate Track Summer 2024 Internship Program. That grant sits within a broader set of investments that move students into internships, training, and professional development tied to institutional real estate. The foundation also funded Girls Who Invest Inc. to expand exposure for college-age women to real estate investment management careers through education and internships, and Robert A Toigo Foundation for educational programming that supports MBA entry and skill development in real estate. Across these grants, the common thread is pipeline-building rather than general philanthropy: PREA Foundation Inc. backs targeted programs that help students and early-career professionals gain experience, build skills, and connect to institutional investor and partner organization opportunities. Its active grant programs show the same emphasis through community grants, scholarship support, internship funding, and career-pipeline funding.
What Prea Foundation Funds
A central theme is internship access. Prea Foundation Inc. gave $394,852 to Girls Who Invest Inc. for an initiative to increase the number of college-age women exposed to real estate investment management careers through education and internships, and it supported the same organization again in 2024 with $238,500 for the same initiative. MBA development is another clear area: the foundation awarded $331,000 to Robert A Toigo Foundation for an educational program advancing the entrance and ongoing skill development of MBAs into real estate. In workforce training, it provided $200,000 to Urban Alliance Inc. for real estate skills training for underserved high school seniors, showing interest in earlier-stage career entry. The foundation also backed the Real Estate Executive Council Summer Intensive Program through Basis Impact Group Foundation Inc. and the Real Estate Executive Council Foundation.
How Prea Foundation Gives
Typical grants are relatively concentrated: the p25 is $200,000, the median is $229,250, and the p75 is $378,889. That points to a pattern of sizeable program grants rather than small awards. The recent record also shows repeat support over multiple years, especially for Sponsors for Educational Opportunity Inc., Robert A Toigo Foundation, Girls Who Invest Inc., and Urban Alliance Inc. The foundation funds organizations, not individuals, and the listed active programs include both unsolicited options and programs that are not open to unsolicited requests. Its grantmaking is structured around internships, scholarships, and career-pipeline programming.
Financial Snapshot
Annual Giving
$3.2M
Total Assets
$39.1M
Total Revenue
$5.8M
Total Expenses
$4.3M
Typical Grant Size
Most grants fall between $200K and $379K, with a median of $229K.
25th Percentile
$200K
Median
$229K
75th Percentile
$379K
Geographic Reach
Regional4 states funded
About 0% of grants go to recipients in NY.
Funding intensity
LowHigh
Headquarters
Leadership
IVAN BARRON
Accepts unsolicited proposals
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