2023-10-19T17:36:17-05:00 2022-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-01-01 521818907 THE INSTITUTE FOR HIGHER EDUCATION POLICY INST 2028618223 1615 L STREET WASHINGTON DC 20006 MARY G VOIGHT PRESIDENT & CEO 2028618223 2023-10-19 1 MARY VOIGHT 999009999 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X MARY G VOIGHT 1615 L STREET WASHINGTON DC 20006 4269815 0 X WWW.IHEP.ORG X 1993 DC SEE PART III, LINE 1. 11 11 22 15 0 0 8482750 4137847 0 55000 293 70094 0 6874 8483043 4269815 0 0 0 0 2316207 2105721 0 0 75817 2650489 2070493 4966696 4176214 3516347 93601 12264735 12747452 262887 598195 12001848 12149257 X THE INSTITUTE FOR HIGHER EDUCATION POLICY IS COMMITTED TO IMPROVING COLLEGE ACCESS AND SUCCESS IN HIGHER EDUCATION FOR ALL STUDENTS - WITH A FOCUS ON STUDENTS OF COLOR, STUDENTS FROM LOW-INCOME BACKGROUNDS, AND OTHER HISTORICALLY MARGINALIZED POPULATIONS - BY PROVIDING TIMELY RESEARCH TO INFORM PUBLIC POLICY DECISIONS. 0 0 1309041 55000 BILL & MELINDA GATES FOUNDATION ADVOCATING FOR TIMELY, ACCESSIBLE, AND COMPLETE POSTSECONDARY DATA FOR STUDENTS, POLICYMAKERS, AND POSTSECONDARY INSTITUTIONSTHE UNITED STATES' POSTSECONDARY SYSTEM IS DATA-RICH BUT INFORMATION-POOR. RECOGNIZING THE POWER OF HIGH-QUALITY DATA AND THE NEED FOR TIMELY, ACCESSIBLE, AND COMPLETE INFORMATION TO ENSURE EQUITABLE ACCESS AND SUCCESS IN HIGHER EDUCATION ALL WHILE RIGOROUSLY PROTECTING INDIVIDUAL PRIVACY IHEP LEADS A COALITION OF DIVERSE ORGANIZATIONS CALLED THE POSTSECONDARY DATA COLLABORATIVE. KNOWN SIMPLY AS "POSTSECDATA," THE COALITION CONVENES REGULARLY TO IDENTIFY ROOM FOR IMPROVEMENT IN THE DATA THAT GUIDES STUDENTS AND FAMILIES IN MAKING COLLEGE CHOICES, INFORMS FEDERAL, STATE, AND INSTITUTIONAL POLICIES, AND SUPPORTS COLLEGE ADMINISTRATORS AND FACULTY. THROUGH IMPACTFUL RESEARCH, TARGETED ADVOCACY EFFORTS, AND ENGAGEMENT WITH POLICYMAKERS, INSTITUTIONS, AND OTHER KEY PARTNERS, POSTSECDATA IS IMPROVING FEDERAL DATA COLLECTIONS, STRENGTHENING STATE DATA SYSTEMS, AND BUILDING A FOUNDATION FOR FUTURE GENERATIONS OF STUDENTS AND THEIR FAMILIES TO MAKE FULLY INFORMED DECISIONS ABOUT THEIR INVESTMENTS IN HIGHER EDUCATION. 694304 PROMOTING CLEAR TRANSFER PATHWAYS FOR EVERY 100 STUDENTS WHO ENROLL IN COMMUNITY COLLEGES, 31 STUDENTS TRANSFER TO A FOUR-YEAR INSTITUTION. OF THOSE, ONLY 14 COMPLETE A BACHELOR'S DEGREE WITHIN SIX YEARS. TOO MANY STUDENTS ARE DERAILED FROM THEIR HIGHER EDUCATION GOALS BY UNEXPECTED, UNAFFORDABLE, AND UNTENABLEYET SOLVABLECHALLENGES ALONG THEIR TRANSFER JOURNEY. RECOGNIZING THE NEED FOR CLEAR SUPPORTS AND EQUITABLE PATHWAYS TO COMPLETE A DEGREE ACROSS MULTIPLE INSTITUTIONS, IHEP LED TRANSFERBOOST, (BACHELOR'S OPPORTUNITY OPTIONS THAT ARE STRAIGHTFORWARD AND TRANSPARENT), AN INITIATIVE FUNDED BY ECMC FOUNDATION TO ENSURE TRANSFER POLICY AND PRACTICE MEET THE NEEDS OF TODAY'S STUDENTS, TO ELEVATE TRANSFER COMMITMENTS, AND TO REACH STUDENTS WITH SIMPLE, CLEAR MESSAGING ABOUT AFFORDABLE TRANSFER PATHWAYS. BEGINNING IN 2021, TWENTY-FOUR POSTSECONDARY INSTITUTIONS IN ARIZONA, ILLINOIS AND VIRGINIA JOINED TRANSFERBOOST TO ADDRESS CHALLENGES WITH TRANSFER STUDENT RECRUITMENT AND PATHWAYS TO DEGREE COMPLETION. INSTITUTIONS WITHIN EACH STATE PARTNERED TO BETTER REACH STUDENTS WITH SIMPLE, CLEAR MESSAGING ABOUT AFFORDABLE TRANSFER PATHWAYS. THEY ANALYZED THE RETURN ON INVESTMENT OF IMPROVING AFFORDABILITY FOR TRANSFER STUDENTS, AND EXAMINED TRANSFER POLICIES AND PRACTICES TO ENSURE THEY MEET THE NEEDS OF TODAY'S STUDENTS, MOST OF WHOM WORK FULL- OR PART-TIME, AND MANY ALSO BALANCE THEIR STUDIES WITH CARING FOR CHILDREN OR OTHER LOVED ONES. THE FULL RECOMMENDATIONS ARE OUTLINED IN THREE BRIEFS THAT WERE PUBLISHED IN APRIL 2023 340360 ACCELERATE STUDENT SUCCESS PLANNINGTO SUPPORT GRANTEE INSTITUTIONS IN THE "ACCELERATE STUDENT SUCCESS PLANNING GRANT" OPPORTUNITY, THE INSTITUTE FOR HIGHER EDUCATION POLICY (IHEP) DEVELOPED A TECHNICAL ASSISTANCE STRUCTURE TO ENSURE THAT INSTITUTIONS HAD ACCESS TO SUBJECT MATTER EXPERTS AND RESEARCH AS THEY DEVELOPED ACTION PLANS TO CREATE OR ENHANCE PROGRAMS THAT ADVANCE STUDENT SUCCESS. FUNDED BY A CONTRACT FROM THE TEXAS HIGHER EDUCATION COORDINATING BOARD THIS APPROACH SUPPORTED CAPACITY-BUILDING THROUGH A STATEWIDE COMMUNITY OF PRACTICE, CONNECTIONS TO COACHES WITH EXPERTISE IN THEIR TOPIC AREA, AND WORKSHOPS THAT BUILT A SOLID EVIDENCE-BASE FOR ACTION PLANS. AS A RESULT OF IHEP'S COACHING, REGULAR COMMUNICATION, AND PROJECT FACILITATION OF THIS PLANNING PHASE, 69 INSTITUTIONS SUBMITTED ACTION PLANS TO THE COORDINATING BOARD AFTER BEING REVIEWED BY COACHES. THE TECHNICAL ASSISTANCE COORDINATED BY IHEP IN THE PLANNING PHASE OF THE "ACCELERATING STUDENT SUCCESS" GRANT OPPORTUNITY CREATED A SOLID FOUNDATION FOR THESE GRANTEES TO DEVELOP OR EXPAND PROGRAMMING THAT WILL POSITIVELY IMPACT STUDENTS' LIVES. 320308 REENGAGING RETURNING ADULT STUDENTS AND AWARDING EARNED DEGREES ACROSS THE UNITED STATES, 39 MILLION ADULTS HAVE COMPLETED SOME COLLEGE, BUT STOPPED OUT BEFORE EARNING A DEGREE. IN MANY CASES, STUDENTS ARE LEFT WITH DEBT BUT WITHOUT THE ECONOMIC AND NON-ECONOMIC BENEFITS A CREDENTIAL SHOULD PROVIDE. TO IDENTIFY, REENGAGE, AND SUPPORT THESE STUDENTS, IHEP'S DEGREES WHEN DUE (DWD) INITIATIVE ENGAGED NEARLY 200 INSTITUTIONS BOTH TWO- AND FOUR-YEARS IN 23 STATES. OVER THE COURSE OF THREE COHORTS, IHEP HAS BUILT INSTITUTIONAL CAPACITY TO AWARD DEGREES TO STUDENTS WHO HAVE EARNED THEM, REENGAGE FORMER STUDENTS WHO HAVE STOPPED OUT, AND EQUIP STUDENTS WITH DEGREES THAT HELP THEM GET AHEAD IN TODAY'S WORKFORCE. THIS YEAR'S EFFORT WAS FUNDED BY ASCENDIUM AND KRESGE AND ECMC FOUNDATIONS. 235167 EVALUATION-SET ASIDE RESEARCH IHEP HAS A HISTORY OF ADVANCING STUDENT-FOCUSED, DATA-INFORMED, AND EQUITY-DRIVEN POLICY SOLUTIONS AND MOBILIZING THE FIELD OF HIGHER EDUCATION AROUND THEM. OUR WORK SPURS INNOVATIVE RESEARCH, SPARKS TRANSFORMATIONAL CHANGE, ENGAGES DEDICATED EXPERTS AND IMPACTED COMMUNITIES, AND DEVELOPS POLICY SOLUTIONS THAT FURTHER RACIAL AND SOCIOECONOMIC EQUITY. BEGINNING IN 2022, IHEP PARTNERED WITH RESULTS FOR AMERICA (RFA) TO DEVELOP RECOMMENDATIONS FOR THE U.S. DEPARTMENT OF EDUCATION (ED) FOR IMPLEMENTING THE EVALUATION SET-ASIDE AUTHORITY GRANTED TO THE U.S. SECRETARY OF EDUCATION IN THE FY22 OMNIBUS APPROPRIATIONS PACKAGE THAT BECAME LAW IN MARCH 2022. IHEP WORKED WITH RFA TO: INVESTIGATE PRIOR EVALUATIONS AND FRAMEWORKS THAT FOCUS ON EQUITABLE RESEARCH PRACTICES TO BETTER UNDERSTAND THE FIELD'S NEEDS REGARDING RIGOROUS RESEARCH AND EVALUATIONS AND INFORM OUR RECOMMENDATIONS; CONVENE LEADING EXPERTS IN HIGHER EDUCATION POLICY TO BUILD CONSENSUS AROUND A SET OF EQUITY-FOCUSED RECOMMENDATIONS TO INFORM ED'S IMPLEMENTATION OF THE SET-ASIDE AUTHORITY; AND DISTILL INSIGHTS GAINED THROUGH THE FIRST TWO PHASES INTO A SET OF FIVE EQUITY-FOCUSED RECOMMENDATIONS FOR DECISION-MAKERS AT ED. DRAWING ON THE RECOMMENDATIONS, IHEP ORGANIZED A RESPONSE TO ED'S RELATED REQUEST FOR INFORMATION THAT WAS CO-SIGNED BY 37 OTHER ORGANIZATIONS. IT OFFERS THREE RECOMMENDATIONS FOR HOW TO BEST LEVERAGE THIS AUTHORITY TO IMPROVE POSTSECONDARY OUTCOMES FOR ALL STUDENTS, WITH A PARTICULAR FOCUS ON STUDENTS OF COLOR AND STUDENTS FROM LOW-INCOME BACKGROUNDS. RESOURCES FROM ECMC FOUNDATION, COUPLED WITH SUPPORT FROM ASCENDIUM, ENABLED IHEP TO FILL A CRITICAL AND TIME-SENSITIVE FIELD NEED TO LEVERAGE A NEW FEDERAL FUNDING STREAM FOR INVESTING IN BUILDING THE EVIDENCE BASE ON WHAT WORKS IN HIGHER EDUCATION, FOR WHOM, AND UNDER WHAT CIRCUMSTANCES. 207103 ACTION NOW INITIATIVE (ANI) GENEROUS SUPPORT FROM ANI HAS HELPED IHEP ADVOCATE FOR FEDERAL POLICIES THAT WOULD IMPROVE DATA QUALITY AND TRANSPARENCY ABOUT STUDENT OUTCOMES, ESPECIALLY THROUGH PASSAGE OF THE COLLEGE TRANSPARENCY ACT (CTA). MOMENTUM AROUND THE COLLEGE TRANSPARENCY ACT HAS GROWN IN RECENT YEARS AS MORE AND MORE POLICYMAKERS VOICE SUPPORT FOR THIS COMMONSENSE SOLUTION. DURING THE 116TH CONGRESS, CTA GARNERED BIPARTISAN SUPPORT FROM 36 SENATORS AND 234 REPRESENTATIVES, AND IN THE 117TH CONGRESS, CTA PASSED THE HOUSE OF REPRESENTATIVES IN AN AMENDMENT TO THE AMERICA COMPETES ACT OF 2022. CTA WAS RECENTLY REINTRODUCED IN THE 118TH CONGRESS WITH CONTINUED BIPARTISAN AND BICAMERAL SPONSORSHIP. THIS OVERWHELMING SUPPORT IS MATCHED OUTSIDE OF CONGRESS AS WELL. CTA HAS BEEN ENDORSED BY NEARLY 170 ORGANIZATIONS REPRESENTING HIGHER EDUCATION ASSOCIATIONS, RESEARCHERS, NON-PROFITS, CIVIL RIGHTS GROUPS, AND THE BUSINESS COMMUNITY. ALONGSIDE THIS COALITION BUILDING, WE CONTINUE SUPPORTING OTHER DATA AND TRANSPARENCY EFFORTS, INCLUDING OFFERING RECOMMENDATIONS TO ENHANCE THE COLLEGE SCORECARD AND THE INTEGRATED POSTSECONDARY EDUCATION DATA SYSTEM, IMPROVE NET PRICE CALCULATORS, AND STANDARDIZE FINANCIAL AID AWARD LETTERS. ALONGSIDE OUR ADVOCACY FOR THE COLLEGE TRANSPARENCY ACT (CTA), IHEP ALSO PARTNERED WITH ORGANIZATIONS TO BETTER UNDERSTAND WHAT RESEARCH AND INPUT THE U.S. DEPARTMENT OF EDUCATION (ED) AND NATIONAL CENTER FOR EDUCATION STATISTICS (NCES) WILL NEED TO DEVELOP A STUDENT LEVEL DATA NETWORK (SLDN) WHICH WOULD BE CREATED IF CTA WERE ENACTED. IN PARTNERSHIP WITH RTI INTERNATIONAL, IHEP ENGAGED A DIVERSE ARRAY OF STAKEHOLDERS AND USED THESE INSIGHTS TO INFORM HOW NCES SHOULD DESIGN AND STRUCTURE GOVERNANCE, TECHNOLOGY AND DATA DEFINITIONS FOR A FEDERAL SLDN. 11947 RACIAL WEALTH GAP STUDY WITHIN HIGHER EDUCATION, WE OFTEN EXAMINE INEQUITIES BY INCOME, BUT RARELY BY WEALTH. TWO FAMILIES WITH IDENTICAL INCOMES, BUT DIFFERENT LEVELS OF WEALTH ENTER HIGHER EDUCATION WITH VERY DIFFERENT OPPORTUNITIES AND CONSTRAINTS. BUT WEALTH IS NOT OFTEN INCORPORATED INTO POLICY MECHANISMS BECAUSE IT IS DIFFICULT TO MEASURE, AND THE FIELD OF HIGHER EDUCATION HAS NOT REACHED CONSENSUS ABOUT AN APPROPRIATE AND PRACTICAL WAY TO CAPTURE THIS COMPLEX OUTCOME. WITH FUNDING AND SUPPORT FROM THE JOYCE FOUNDATION, IHEP IS ANALYZING EXISTING DATA TO ANSWER POLICY RESEARCH QUESTIONS ABOUT THE RELATIONSHIP BETWEEN RACE, WEALTH, AND POSTSECONDARY EDUCATION NATIONALLY AND FOR THE GREAT LAKES REGION. THOSE RESEARCH-DRIVEN INSIGHTS CAN SUPPORT THE DEVELOPMENT OF STATE AND FEDERAL POLICY SOLUTIONS FOR ADDRESSING INEQUITIES IN OUR CURRENT HIGHER EDUCATION SYSTEM. ADDITIONALLY, IHEP IS ALSO DEVELOPING RECOMMENDATIONS FOR DATA IMPROVEMENTS THAT WOULD ALLOW FOR MORE NUANCED MEASUREMENTS AND ANALYSIS IN THE FUTURE. 6667 LEADING THE EQUITABLE VALUE MOVEMENT POSTSECONDARY INSTITUTIONS HAVE THE POWER TO DELIVER VALUABLE OPPORTUNITIES TO STUDENTS, DRIVE ECONOMIC AND SOCIAL MOBILITY, BOOST COMMUNITIES, BUILD A STRONGER WORKFORCE, AND BENEFIT OUR COUNTRY. STUDENTS WHO COMPLETE CREDENTIALS ARE MORE LIKELY TO BE EMPLOYED, EARN HIGHER WAGES, HAVE GREATER ACCESS TO RETIREMENT AND HEALTHCARE PLANS, HAVE BETTER PHYSICAL HEALTH, AND ENGAGE IN MORE CIVIC-MINDED BEHAVIORS WHEN COMPARED WITH THOSE WHO DID NOT COMPLETE A CREDENTIAL. UNFORTUNATELY, THESE TRANSFORMATIONAL CREDENTIALS AND THEIR ASSOCIATED RETURNS ARE NOT DISTRIBUTED EQUITABLY; INSTITUTIONS ARE NOT DELIVERING THE VALUE THEY COULD AND SHOULD TO MANY POPULATIONS, INCLUDING BLACK, HISPANIC AND/OR LATINX, INDIGENOUS, UNDERREPRESENTED ASIAN AMERICAN, NATIVE HAWAIIAN, AND PACIFIC ISLANDER (AANHPI) STUDENTS, STUDENTS FROM LOW-INCOME BACKGROUNDS, AND WOMEN. AS MANAGING PARTNER OF THE POSTSECONDARY VALUE COMMISSION, A ROLE FOR WHICH IHEP WAS SELECTED IN 2019 BY THE FUNDER, THE BILL AND MELINDA GATES FOUNDATION, IHEP OVERSAW THE COMMISSION'S RESEARCH AND CONVENINGS. IN 2021, IHEP RELEASED THE COMMISSION'S FINDINGS, INCLUDING A VALUE DEFINITION, MEASUREMENT FRAMEWORK, ACTION AGENDA, AND FOUNDATIONAL RESEARCH. IN ADDITION, IHEP DEVELOPED AN ONLINE, INTERACTIVE TOOL (EQUITABLE VALUE EXPLORER) TO PUT THE POWER OF THE FRAMEWORK INTO THE HANDS OF MEDIA, RESEARCHERS, AND POLICYMAKERS AT EVERY LEVEL. IN 2022, IHEP LAUNCHED THE VALUE DATA COLLABORATIVE TO IMPLEMENT THE FRAMEWORK IN SELECTED STATES ACROSS THE COUNTRY AND RELEASED A CASE STUDY FEATURING NORTHERN ARIZONA UNIVERSITY'S STRATEGIES FOR IMPROVING EQUITABLE VALUE. ONGOING DEVELOPMENTS INCLUDE THE CONTINUED MANAGEMENT OF THE VALUE DATA COLLABORATIVE, AND COLLABORATION WITH KEY PARTNER ORGANIZATIONS ALSO WORKING TO CATALYZE THE EQUITABLE VALUE MOVEMENT 781192 3124897 1 1 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 29 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X TOLA FADEYI 2028618240 1615 L STREET WASHINGTON DC 20006 PETER O NWOSU SECRETARY, THEN CHAIR (START 12/8/22) 1.00 0.00 X X 0 0 0 MARYELLEN MCGUIRE VICE CHAIR (START 12/8/22) 1.00 0.00 X X 0 0 0 AJITA TALWALKER MENON SECRETARY (START 12/8/22) 1.00 0.00 X X 0 0 0 JACOB FRAIRE CHAIR THRU 12/8/22, THEN BD MEMBER 1.00 0.00 X X 0 0 0 KRISTIN HULTQUIST VICE CHAIR (THRU 12/22) 1.00 0.00 X X 0 0 0 MICHELLE R WEISE BOARD MEMBER 1.00 0.00 X 0 0 0 LAURA CRONIN BOARD MEMBER 1.00 0.00 X 0 0 0 DENISA GANDARA BOARD MEMBER (START 12/8/22) 1.00 0.00 X 0 0 0 MICHAEL T KRAUSE BOARD MEMBER (START 12/8/22) 1.00 0.00 X 0 0 0 JAMES LARIMORE BOARD MEMBER (START 12/8/22) 1.00 0.00 X 0 0 0 ROBERT L OLCOTT BOARD MEMBER (START 12/8/22) 1.00 0.00 X 0 0 0 AMANDA R TACHINE BOARD MEMBER (START 12/8/22) 1.00 0.00 X 0 0 0 STELLA M FLORES BOARD MEMBER (THRU 12/8/22) 1.00 0.00 X 0 0 0 CHERYL A OLDHAM BOARD MEMBER (THRU 12/8/22) 1.00 0.00 X 0 0 0 JAMES L MOORE III BOARD MEMBER (THRU 9/22) 1.00 0.00 X 0 0 0 MARY MAMIE G VOIGHT PRESIDENT & CEO 40.00 X 276723 0 36627 TOLA FADEYI DIRECTOR OF FINANCE/TREASURER 40.00 0.00 X 145005 0 26427 PIPER HENDRICKS VP COMMS & EXT AFFAIRS (END 12/22) 40.00 0.00 X 146321 0 16617 AMANDA JANICE ROBERSON DIR OF RES & POL/S.DIR OF SEPO 40.00 0.00 X 120516 0 30060 KIMBERLY B DANCY ASSOC. DIRECTOR OF POL AND RES 40.00 0.00 X 106100 0 13582 794665 0 123313 5 0 1 0 HCM STRATEGISTS LLC 501 CONGRESS AVENUE SUITES 257258 AUSTIN TX 78701 RESEARCH CONSULTING 487840 EDUCATIONCOUNSEL LLC 101 CONSTITUTION AVE NW SUITE WASHINGTON DC 20001 STRATEGIC CONSULTING 180000 DESIGNDATA SYSTEMS 601 PROFESSIONAL DRIVE SUITE 102 GAITHERSBURG MD 20879 IT SUPPORT 110090 INSIGHT POLICY RESEARCH INC 1901 N MOORE ST STE 1100 ARLING ARLINGTON VA 22209 TECHNICAL ASSISTANCE 105745 5 4137847 4137847 PROGRAM SERVICES 900099 55000 55000 55000 70094 70094 MISCELLANEOUS 900099 6874 6874 6874 4269815 55000 0 76968 X 484781 266347 194195 24239 1260360 881021 355625 23714 52719 37042 14228 1449 171617 120584 46317 4716 136244 91528 41137 3579 3132 3132 29944 29944 73250 73250 5476 5476 1333909 1249396 84513 77485 33629 41552 2304 148360 103095 40039 5226 194737 136403 48650 9684 58947 52607 6157 183 33160 29593 3463 104 46611 46611 11663 11663 PRINTING & PUBLICATIONS 41669 41669 DUES & SUBSCRIPTIONS 11630 8733 2278 619 TAXES AND LICENSES 520 520 4176214 3124897 975500 75817 6664732 5889246 5409619 2809973 62924 128641 163964 101062 111290 62902 3559671 16170 297019 12264735 12747452 206472 308778 56415 289417 262887 598195 X 4588618 5550757 7413230 6598500 12001848 12149257 12264735 12747452 93601 53808 0 X 0 1 X 1 0 X 5141819 1917772 3979991 8462750 4137847 23640179 5141819 1917772 3979991 8462750 4137847 23640179 18291697 5348482 49157 52949 5496 293 70094 177989 1751 4941 6874 13566 23831734 160000 0.22440 0.17990 X INSTITUTE FOR HIGHER EDUCATION POLICY (IHEP) QUALIFIES AS A PUBLIC CHARITY UNDER THE "FACTS AND CIRCUMSTANCES" TEST OF 1.170A-9(F)(3) OF THE TREASURY REGULATIONS, BASED UPON THE FOLLOWING:ITS SUPPORT, AS REPORTED FOR 2022, IS 22.44%, THEREBY MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(I).IHEP IS ORGANIZED AND OPERATED SO AS TO ATTRACT NEW AND ADDITIONAL FUNDING ON A CONTINUOUS BASIS, THEREBY MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(II). AFTER HAVING REVIEWED OUR BUSINESS FUNDING MODEL IN RECENT YEARS, IHEP HAS SUCCESSFULLY BEGUN DIVERSIFYING OUR CURRENT FOUNDATION SUPPORT AND BROADENING OUR AVENUES OF FUNDING. RECOGNIZING THE VALUE OF IHEP'S WORK TO IMPROVE ACCESS AND SUCCESS IN POSTSECONDARY EDUCATION TO UNDERSERVED POPULATIONS, MORE PRIVATE FOUNDATIONS CONTINUE TO PROVIDE IHEP WITH SUPPORT TO BOTH HELP THE ORGANIZATION CONTINUE AND EXPAND ITS PROGRAM AND RESEARCH WORK AND STRENGTHEN ITS GENERAL OPERATIONS. IHEP'S PUBLIC SUPPORT, AT 22.44%, IS ABOVE THE 10% MINIMUM REQUIRED FOR THE "FACTS AND CIRCUMSTANCES" TEST, THEREBY MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(III). IN MEETING THE REQUIREMENT OF 1.170A-9(F)(3)(I), IHEP HAS RECEIVED SUPPORT FROM A NUMBER OF FOUNDATIONS, INDIVIDUALS, AND OTHER EDUCATION ORGANIZATIONS RATHER THAN RECEIVING ALL OR MOST OF ITS SUPPORT FROM A SINGLE FOUNDATION. IN FACT, IHEP HAS RECEIVED FINANCIAL SUPPORT FROM SEVERAL INDIVIDUAL DONORS AND OTHER EDUCATION ORGANIZATIONS, IN ADDITION TO GRANTS RECEIVED FROM A NUMBER OF DIFFERENT FOUNDATIONS. IHEP'S CURRENT FUNDRAISING PLANS EMERGING FROM THE BUSINESS MODEL REVIEW TARGETS A NEW AREA OF DONORS. IN THIS RESPECT, IHEP MEETS THE REQUIREMENT OF 1.170A-9(F)(3)(III)(B).IHEP REMAINS AN ORGANIZATION COMMITTED TO SERVING THE PUBLIC THROUGH ITS WORK. IHEP WAS FORMED UNDER THE PHILOSOPHY THAT ALL UNDERSERVED STUDENTS - WITH A FOCUS ON STUDENTS OF COLOR,STUDENTS FROM LOW-INCOME BACKGROUNDS, AND OTHER HISTORICALLY MARGINALIZED POPULATIONS - SHOULD HAVE ACCESS TO AND BE SUCCESSFUL IN ACHIEVING A HIGHER EDUCATION DEGREE. IHEP WORKS EXCLUSIVELY TO SERVE THE STUDENTS IN POST-SECONDARY EDUCATION. IHEP PUBLISHES RESEARCH AND POLICY REPORTS AND RELATED COLLATERAL THROUGHOUT THE YEAR TO IDENTIFY AND ADDRESS NEEDED INSTITUTIONAL, STATE, AND FEDERAL POLICY CHANGES AND CHALLENGES THAT STUDENTS --ESPECIALLY THOSE FROM UNDERSERVED POPULATIONS-- EXPERIENCE AS THEY TRY TO ACCESS AND SUCCEED IN THEIR POST-SECONDARY EDUCATION. BECAUSE THE VITAL EDUCATIONAL MATERIAL THAT IHEP PRODUCES ARE THE CORE OF ITS WORK, AND IHEP MAKES THESE PUBLICATIONS AVAILABLE TO THE PUBLIC AT NO COST, IHEP FURTHER DEMONSTRATES ITS PUBLIC SUPPORT. IN THIS MANNER, IHEP MEETS THE REQUIREMENT OF 1.170A-9(F)(3)(III)(D). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 95235 95235 4075503 4170738 358537 89634 0 0 407087 432465 398335 358537 1596424 2394636 89829 60880 91956 95235 337900 101772 108116 99584 89634 399106 598659 163964 101062 62902 62902 EXCHANGE TRADED FUNDS 909135 F MUTUAL FUNDS - EQUITY FUNDS 565463 F MUTUAL FUNDS - BOND FUNDS 2085073 F 3559671 OPERATING LEASE LIABILITY 289417 289417 X 4318147 53808 53808 4264339 5476 5476 4269815 4170738 0 4170738 5476 5476 4176214 PART X, LINE 2: FOR THE YEAR ENDED DECEMBER 31, 2022, THE INSTITUTE HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X X X 0 0 0 0 0 0 0 1 0 MARY MAMIE G VOIGHT PRESIDENT & CEO 250723 0 26000 0 0 0 11651 0 24976 0 313350 0 0 0 TOLA FADEYI DIRECTOR OF FINANCE/TREASURER 145005 0 0 0 0 0 6697 0 19730 0 171432 0 0 0 PIPER HENDRICKS VP COMMS & EXT AFFAIRS (END 12/22) 146321 0 0 0 0 0 5768 0 10849 0 162938 0 0 0 AMANDA JANICE ROBERSON DIR OF RES & POL/S.DIR OF SEPO 115516 0 5000 0 0 0 5373 0 24687 0 150576 0 0 0 PART I, LINE 7 THE FOLLOWING BONUSES WERE PAID TO INDIVIUDALS LISTED ON PART VII: MARY (MAMIE) G. VOIGHT $26,000 AMANDA JANICE ROBERSON $5,000 HCM STRATEGISTS KRISTIN HULQUIST, IHEP BOARD MEMBER, IS A MORE THAN 35% OWNER OF HCM 487840 HCM WAS PAID $487,840 IN 2022 ON A SUBCONTRACT THAT IT HAS WITH IHEP. TOTAL SUBCONTRACT PAYMENTS OVER THE TWO YEAR PERIOD FROM 2021 TO 2022 HAVE TOTALED $889,840. 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. THE FORM 990 WAS THEN PROVIDED ELECTRONICALLY TO THE ENTIRE BOARD FOR REVIEW, QUESTIONS AND/OR COMMENTS. ONCE ANY QUESTIONS OR COMMENTS ARE ADDRESSED, EACH MEMBER OF THE BOARD SENDS VIA E-MAIL THEIR APPROVAL, AND THEN THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C IHEP MONITORS ITS CONFLICT OF INTEREST POLICY EACH YEAR BY REQUIRING BOARD MEMBERS AND EMPLOYEES TO DISCLOSE ANY NEW INFORMATION RELATING TO POTENTIAL CONFLICTS. THROUGHOUT THE YEAR, THE PRESIDENT IS ALERTED IF THERE ARE ANY CHANGES SUBSEQUENT TO THE ANNUAL DISCLOSURE. IF A CONFLICT ARISES, THE CONFLICTED BOARD MEMBERS RECUSES HIMSELF/HERSELF FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE MANAGEMENT DEVELOPMENT AND COMPENSATION (MCD) COMMITTEE, WHICH IS MADE UP OF INDEPENDENT BOARD MEMBERS, ESTABLISHED PERFORMANCE GOALS AND OBJECTIVES, CONDUCTED YEAR-END REVIEWS, AND EVALUATED THESE (MEASUREABLE) PERFORMANCE GOALS. APPROPRIATE COMPENSATION, BASED ON INFORMAL COMPARISON OF LIKE ORGANIZATIONS, WAS DETERMINED AND RECOMMENDED BY THE MDC COMMITTEE. THE DECISION WAS RECORDED IN THE BOARD MINUTES. THE LAST SALARY REVIEW TOOK PLACE IN DECEMBER 2022. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 429,079. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 429,079. INTERN STIPENDS: PROGRAM SERVICE EXPENSES 31,452. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,452. HONORARIUM: PROGRAM SERVICE EXPENSES 84,850. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 84,850. SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 704,015. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 704,015. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 89,989. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 89,989. INVESTMENT MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES -5,476. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -5,476.