From public IRS filings
SPENCER EDUCATIONAL FOUNDATION INC
NEW YORK, NY · Education
Mission
SPENCER EDUCATIONAL FOUNDATION, INC.'S ("THE FOUNDATION") MISSION IS TO FUND THE EDUCATION OF TOMORROW'S RISK MANAGEMENT AND INSURANCE INDUSTRY LEADERS. SINCE ITS FOUNDING IN 1980, SPENCER HAS AWARDED NEARLY $10.2 MILLION IN SCHOLARSHIPS TO STUDENTS STUDYING RISK MANAGEMENT AND INSURANCE. SPENCER HAS DIRECTLY IMPACTED AN ESTIMATED 110,000 STUDENTS THROUGH ITS PROGRAMMING.
Financials (IRS Form 990)
Total revenue
$3.6M
Total expenses
$3.1M
Total assets
$10.1M
Program expense ratio
91%
Source: IRS Form 990, tax year 2024.
Who funds SPENCER EDUCATIONAL FOUNDATION INC
$1.4M in foundation grants on record from 17 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Fm Global Foundation | $610K | 3 |
| Risk and Insurance Management Society | $220K | 3 |
| Alliant Insurance Foundation | $137K | 3 |
| Vanguard Charitable Endowment Program | $131K | 3 |
| Fidelity Investments Charitable Gift Fund | $62K | 3 |
| Patrick G and Shirley W Ryan Foundation | $50K | 2 |
| Atlanta Chapter of the Risk & Insurance Management Society | $50K | 2 |
| Rise Opportunity Foundation | $35K | 1 |
| United Way of Rhode Island | $33K | 2 |
| Community Connections Foundation | $30K | 3 |
Leadership
MEGAN MILLER — EXECUTIVE DIRECTOR (Principal officer)
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