Program areas at Modern States Education Alliance
Modern States initial program, Freshman Year for Free, is intended to let students complete one year of college without expense, saving 25 percent of the total cost of tuition. The courses will prepare students for the major "Advanced Placement"* or "College Level Examination Program" (CLEP)* tests offered by the College Board. History, math, English, and economics are among the subjects being offered. Modern States is partnering with edx, the leading online learning platform founded by Harvard and MIT. A DONATION HAS BEEN MADE TO EDX TO DEVELOP high quality freshman courses with top universities and professors. Each course includes online lectures, quizzes, tests, and other features; all online textbooks and materials are being provided to students free of charge.*Advanced Placement, AP and CLEP are registered trademarks of the College Board, which was not involved in the production of, and does not endorse, these offerings.
See attachment
Who funds Modern States Education Alliance
Grants from foundations and other nonprofits
Financials for Modern States Education Alliance
| Revenues | FYE 12/2024 | FYE 12/2023 | % Change |
|---|
| Total grants, contributions, etc. | $7,080,542 | $8,108,324 | -12.7% |
| Investment income and dividends | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Gross sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $7,080,542 | $8,108,324 | -12.7% |
Organizations like Modern States Education Alliance
| Organization | Type | Location | Revenue |
|---|
| Dorrance Foundation for Education | 501(c)(3) | Scottsdale, AZ | $23,916,989 |
| Bailey Family Foundation | 501(c)(3) | Tampa, FL | $8,695,089 |
| The Lanier Theological Library Foundation | 501(c)(3) | Houston, TX | $29,872,747 |
| Dolores Kohl Education Foundation | 501(c)(3) | Highland Park, IL | $2,113,469 |
| Singleton Foundation for Financial Literacy and Entrepreneurship | 501(c)(3) | Pasadena, CA | $7,493,866 |
| Barrett Family Foundation Trust | 501(c)(3) | Clearwater, FL | $2,634,345 |
| Chamberlin Education Foundation | 501(c)(3) | Richmond, CA | $6,109,267 |
| Bainum Family Foundation | 501(c)(3) | Washington, DC | $19,708,650 |
| Kalliopeia Foundation | 501(c)(3) | Inverness, CA | $18,406,741 |
| The Stirling Foundation | 501(c)(3) | Pleasant Grove, UT | $8,838,976 |
Data update history
July 26, 2026
Received grants
Identified 2 new grant, including a grant for $200,000 from Axim Collaborative April 7, 2026
Posted financials
Added Form 990PF for fiscal year 2024
February 16, 2026
Updated personnel
Identified 1 new personnel
February 4, 2026
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate operating foundationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- 1633 Broadway 47th FL
- New York, NY 10019
- Metro area
- New York-Newark-Jersey City, NY-NJ-PA
- County
- New York County, NY
- Website URL
- modernstates.org/Â
- Phone
- (212) 720-0345
IRS details
- EIN
- 47-1018924
- Fiscal year end
- December
- Taxreturn type
- Form 990-PF
- Year formed
- 2014
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B82: Scholarships, Student Financial Aid Services
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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