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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 2023. Filed on November 15, 2024.

1250 Hancock Street 701n
Crescent Street
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 2023 IRS Form 990 filing, Nellie Mae Education Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 11 out of 21 total employees. Among the employees shown here, the average compensation is $269,702. The highest compensated employee at Nellie Mae Education Foundation Inc. is Gislaine Ngounou with fiscal year 2023 compensation of $500,779.

Revenue, expenses, and employee compensation

Revenue

$21,415,739

Expenses

$23,090,325

Employee compensation

$4,442,734
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gislaine Ngounou
Interim PRES and CEO (Until 1/17/23)
$500,779
$498,101 No related comp$2,678
Michael Carey
Interim CEO and Treas. (Until 7/9/23)
$397,116
$326,464 No related comp$70,652
Jessica Spohn
Interim President (Until 7/9/23)
$364,748
$295,885 No related comp$68,863
Dr Gisele Shorter
President and Chief Executive Officer
$313,756
$285,301 No related comp$28,455
Delia Arellano-Weddleton
Director of Engagement and Partnerhips
$267,009
$214,122 No related comp$52,887
Marcos Popovich
Program Director, Grantmaking
$223,669
$170,352 No related comp$53,317
Nina Culberston
Program Director, Learning/Research/Eval
$207,600
$156,896 No related comp$50,704
Paul Marsh
IT Manager
$199,210
$165,585 No related comp$33,625
Ellen Wang
SR Program and Equity Officer
$198,836
$173,828 No related comp$25,008
Pamela White
Clerk
$150,419
$123,368 No related comp$27,051
Nicholas C Donohue
Former President and CEO
$143,576
$143,576 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Warren Simmons
Director
$41,000
$41,000 No related compNo other comp
Deborah Jewell-Sherman
Director
$24,000
$24,000 No related compNo other comp
Dania Vazquez
Director
$24,000
$24,000 No related compNo other comp
Elsa Nunez
Director
$24,000
$24,000 No related compNo other comp
Prabal Chakrabarti
Director
$24,000
$24,000 No related compNo other comp
Betty Fransisco
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
Prudence Carter
Director
$20,000
$20,000 No related compNo other comp
Colleen Quint
Director
$20,000
$20,000 No related compNo other comp
Makeeba McCreary
Director
$20,000
$20,000 No related compNo other comp
Mishone Donelson
Director
$20,000
$20,000 No related compNo other comp

Contractors

Prime Bucholz
Investment Consultant
$205,870
Devin Kristopher Morris
Consulting
$150,000
Hr Concepts LLC
HR Consulting
$119,207
Cbiz Mhm LLC
Audit and Tax
$107,580

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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