Nonprofit · EIN 13-3556137
PUBLIC RELATIONS SOCIETY OF AMERICA FOUNDATION INC
Tax-exempt · NEW YORK, NY 10005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $359,503 | $284,653 | $74,850 | $1,333,585 | $71,678 | $1,261,907 |
| December 31, 2023 | 990 | $208,403 | $234,224 | -$25,821 | $1,198,286 | $50,692 | $1,147,594 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $285,704
- Program service revenue
- $0
- Investment income
- $65,265
- Net gain from sales of assets
- $51,748
- Other revenue
- $8,534
Expenses
- Grants and similar amounts paid
- $205,516
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $2,523
- Accounting fees
- $15,000
- Program services (functional)
- $239,725
- Management and general (functional)
- $34,883
- Fundraising (functional)
- $10,045
Balance sheet and other
- Total assets, start of year
- $1,198,286
- Total assets, end of year
- $1,333,585
- Total liabilities, end of year
- $71,678
- Net assets, end of year
- $1,261,907
- Publicly traded securities
- $754,559
- Net assets without donor restrictions
- $490,224
- Net assets with donor restrictions
- $771,683
- Gross receipts
- $586,595
- Employees
- 0
- Volunteers
- 22
- Year formed
- 1990
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PHILIP T BONAVENTURA | CFO Officer | 1 | $0 | $301,223 | $57,668 |
| ANTONIO HERNANDEZ CRANE | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| THOMAS BENNETT | PRESIDENT-ELECT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| NATAN EDELSBURG | SECRETARY Trustee or director, Officer | 2 | $0 | $0 | $0 |
| YOLANDA BENSON | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| AMBER ARNOLD | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ANDREA RICHARDSON | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| BETTY HUDSON | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| BRAD MACAFEE | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| CAYCE MEYERS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| CHRISTINA ALFARO | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DARREL NG | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| FELICIA BLOW | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| HELEN SHELTON | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JOSEPH ABREU | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEAH SEAY ANISE | TRUSTEE Trustee or director | 2 | $0 |
| MANNY GONCALVES | TRUSTEE Trustee or director | 2 | $0 |
| RAY DAY | TRUSTEE Trustee or director | 2 | $0 |
| SHARON FENSTER | TRUSTEE Trustee or director | 2 | $0 |
| STEPHANIE MEYERING | TRUSTEE Trustee or director | 2 | $0 |
| STEPHEN CHAVEZ | TRUSTEE Trustee or director | 2 | $0 |
| TERESA VALERIO PARROT | TRUSTEE Trustee or director | 2 | $0 |
| THANIA BENIOS | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PHILIP T BONAVENTURA | CFO Officer | 1 | $0 | $288,917 | $66,015 |
| ANTONIO HERNANDEZ CRANE | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| NATAN EDELSBURG | SECRETARY Trustee or director, Officer | 2 | $0 | $0 | $0 |
| YOLANDA BENSON | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| AMBER ARNOLD | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| ANDREA RICHARDSON | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| BETTY HUDSON | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| BRAD MACAFEE | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| CAYCE MEYERS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| CHRISTINA ALFARO | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DARREL NG | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| FELICIA BLOW | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| HELEN SHELTON | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JOSEPH ABREU | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| LEAH SEAY ANISE | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MANNY GONCALVES | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| RAY DAY | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| SHARON FENSTER | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| STEPHANIE MEYERING | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| STEPHEN CHAVEZ | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| TERESA VALERIO PARROT | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| THANIA BENIOS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| THOMAS BENNETT | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 120 WALL STREET 21ST FLOOR, NEW YORK, NY 10005-4031
- Principal officer (990 for 2024)
- THOMAS BENNETT, 120 WALL STREET 21ST FLOOR, NEW YORK, NY 10005
- Signed the 990
- THOMAS BENNETT, PRESIDENT
- Phone
- (212) 460-1400
- Website
- WWW.PRSAFOUNDATION.ORG
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
THE PRSA FOUNDATION RAISES FUNDS TO FUEL THE PASSION, DREAMS AND FUTURES OF A DIVERSE RANGE OF AMBITIOUS AND PROMISING STUDENTS BY SUPPORTING PROGRAMS THAT ATTRACT ETHNIC AND RACIAL MINORITIES TO CAREERS IN PUBLIC RELATIONS (PR), AND BY DEVELOPING THEIR CAPACITY TO BRING THE PR PERSPECTIVE TO THE ORGANIZATIONS THEY SERVE AND TO SOCIETY.
Program accomplishments
- THE PRSA FOUNDATION SUPPORTS DIVERSE STUDENTS AND SCHOLARS IN THEIR DESIRE TO ENTER THE PROFESSION OF PUBLIC RELATIONS. OUR FOCUS IS ON THE IMPROVEMENT AND DIVERSIFICATION OF THE FIELD THROUGH THE GRANTING OF SCHOLARSHIPS AND AWARDS AND THE CREATION AND SUPPORT OF RESEARCH. WE AWARD GRANTS AND SCHOLARSHIPS TO DESERVING SCHOLARS, AND PUBLISH RESEARCH FOCUSED ON BEST-IN-CLASS DIVERSITY RETENTION, RECRUITMENT, AND MENTORSHIP. WE ALSO SEEK AND ACCEPT NEW FUNDS FROM DONORS (INDIVIDUAL OR CORPORATE/AGENCY) THAT FOLLOW CURRENT GUIDELINES FOR ESTABLISHING SCHOLARSHIPS AND RESEARCH GRANTS AND PURSUE PARTNERSHIPS WITH ORGANIZATIONS AND INDIVIDUALS TO DEVELOP PROGRAMS ADVANCING THE CAREER SUCCESS OF DIVERSE GRADUATES. IN 2024, THE FOUNDATION HAS GIVEN 39 INDIVIDUAL SCHOLARSHIPS AND AWARDS TOTALING $163,200. ADDITIONAL GRANTS IMPACTING 313 INDIVIDUALS, TOTALING $42,316 WERE ALSO AWARDED.Expenses $238,851 · grants $205,516
- DIVERSE VOICES: PROFILES IN LEADERSHIP IS A PUBLICATION DESIGNED TO HELP COMMUNICATIONS LEADERS AND PROFESSIONALS BETTER UNDERSTAND THE CHALLENGES FACED BY MINORITIES IN THE FIELD. PUBLISHED IN PARTNERSHIP WITH THE MUSEUM OF PUBLIC RELATIONS, DIVERSE VOICES FEATURES INTERVIEWS WITH MORE THAN 40 MULTICULTURAL CORPORATE AND PR AGENCY LEADERS. THESE EXECUTIVES, WHO HAVE RISEN TO THE VERY TOP OF THIS DYNAMIC AND VITAL FIELD, SHARE CANDID ANECDOTES DETAILING THE SUCCESSES THEY HAVE HAD, THE OBSTACLES THEY HAVE HAD TO OVERCOME AND THE LESSONS THEY HAVE LEARNED ALONG THE WAY. THE BOOK ALSO HAS TIPS AND LESSONS FOR THOSE ENTERING THE FIELD.Expenses $874
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3556137
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $1,333,585
- Income (IRS master file)
- $586,595
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $359,503 | $284,653 | $1,333,585 | XML |
| 990 | December 2023 | $208,403 | $234,224 | $1,198,286 | XML |
| 990 | December 2022 | $363,243 | $171,260 | $1,414,604 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3556137).
Questions about PUBLIC RELATIONS SOCIETY OF AMERICA FOUNDATION INC
- What is the EIN of PUBLIC RELATIONS SOCIETY OF AMERICA FOUNDATION INC?
- The employer identification number (EIN) of PUBLIC RELATIONS SOCIETY OF AMERICA FOUNDATION INC is 13-3556137.
- Is PUBLIC RELATIONS SOCIETY OF AMERICA FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to PUBLIC RELATIONS SOCIETY OF AMERICA FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PUBLIC RELATIONS SOCIETY OF AMERICA FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PUBLIC RELATIONS SOCIETY OF AMERICA FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PUBLIC RELATIONS SOCIETY OF AMERICA FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PUBLIC RELATIONS SOCIETY OF AMERICA FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names THOMAS BENNETT.
- Who are the officers and directors of PUBLIC RELATIONS SOCIETY OF AMERICA FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 23 people; 0 received compensation from the organization.
- How much revenue does PUBLIC RELATIONS SOCIETY OF AMERICA FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $359,503, expenses of $284,653 and total assets of $1,333,585 at year end.
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