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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Nellie Mae Education Foundation Inc.

Nellie Mae Education Foundation Inc.

Fiscal year ending 2024. Filed on November 14, 2025.

1250 Hancock Street 701n
Victoria Street Wh440
Quincy, Massachusetts 02169

Nellie Mae Education Foundation Inc. (EIN: 04-2755323) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Nellie Mae Education Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 9 out of 19 total employees. Among the employees shown here, the average compensation is $254,887. The highest compensated employee at Nellie Mae Education Foundation Inc. is Dr Gisele Shorter with fiscal year 2024 compensation of $686,322.

Revenue, expenses, and employee compensation

Revenue

$40,949,471

Expenses

$29,994,105

Employee compensation

$2,646,687
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr Gisele Shorter
President and Chief Executive Officer
$686,322
$513,803 No related comp$172,519
Michael Carey
Vice President of Finance (Until JUNE 2024)
$347,663
$347,146 No related comp$517
Jessica Spohn
Director of Grantmaking (Until 1/19/24)
$279,098
$269,031 No related comp$10,067
Marcos Popovich
Program Director, Grantmaking
$242,718
$182,378 No related comp$60,340
Paul Marsh
IT Manager
$207,009
$171,507 No related comp$35,502
Stephanie Cheney
SR Manager, Grants and Programs
$200,765
$147,567 No related comp$53,198
Erin Brouillette
Chief Financial Officer
$164,199
$135,245 No related comp$28,954
Alexis Harewood
Senior Program Officer
$158,098
$129,176 No related comp$28,922
Pamela White
Clerk
$8,112
$7,851 No related comp$261

Benchmark Employee Compensation

Non-Employee Board Members

Warren Simmons
Director
$39,000
$39,000 No related compNo other comp
John Remondi
Director
$27,000
$27,000 No related compNo other comp
Elsa Nunez
Director
$27,000
$27,000 No related compNo other comp
Prabal Chakrabarti
Director
$24,000
$24,000 No related compNo other comp
Colleen Quint
Director
$24,000
$24,000 No related compNo other comp
Dania Vazquez
Director
$24,000
$24,000 No related compNo other comp
Betty Francisco
Director
$24,000
$24,000 No related compNo other comp
John Jackson
Director
$24,000
$24,000 No related compNo other comp
Elizabeth Hilpman
Director
$24,000
$24,000 No related compNo other comp
Deborah Jewell-Sherman
Director
$24,000
$24,000 No related compNo other comp
Prudence Carter
Director
$20,000
$20,000 No related compNo other comp
Debra Humphreys
Director
$20,000
$20,000 No related compNo other comp

Contractors

Prime Bucholz
Investment Management
$298,427
Tammy Dowley-Blackman Group
Management Consulting
$283,012
Kinlaw Consulting Inc.
Consulting
$226,034
Aafcpas Inc.
Accounting
$194,640
Nonprofit Hr Solutions
Employment/Staffing
$124,229

Mission Statement

THE MISSION OF THE FOUNDATION IS TO CHAMPION EFFORTS THAT PRIORITIZE COMMUNITY GOALS THAT CHALLENGE INEQUITIES AND ADVANCE EXCELLENT, STUDENT-CENTERED PUBLIC EDUCATION FOR ALL NEW ENGLAND YOUTH. THE FOUNDATION IS ORGANIZED AND OPERATED AS A MASSACHUSETTS NOT-FOR-PROFIT CORPORATION TO SUPPORT EDUCATIONAL ORGANIZATIONS.

Revisions to this organization profile

November 14, 2025:
2024 Nellie Mae Education Foundation Inc. 990 filed
November 15, 2024:
2023 Nellie Mae Education Foundation Inc. 990 filed
November 15, 2023:
2022 Nellie Mae Education Foundation Inc. 990 filed

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