Nonprofit · EIN 46-1439784
FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION INC
Tax-exempt · PRINCETON, NJ 08540
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $5,032,451 | $5,655,280 | -$622,829 | $7,225,482 | $3,529,028 | $3,696,454 |
| December 31, 2024 | 990 | $7,290,829 | $9,825,103 | -$2,534,274 | $11,723,941 | $7,454,768 | $4,269,173 |
| December 31, 2023 | 990 (amended) | $7,899,396 | $10,284,802 | -$2,385,406 | $13,285,530 | $6,619,239 | $6,666,291 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,779,743
- Program service revenue
- $0
- Investment income
- $154,658
- Net gain from sales of assets
- -$33
- Other revenue
- $98,050
Expenses
- Grants and similar amounts paid
- $4,884,090
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $28,657
- Travel
- $135,768
- Program services (functional)
- $5,169,043
- Management and general (functional)
- $203,525
- Fundraising (functional)
- $282,712
Balance sheet and other
- Total assets, start of year
- $11,723,941
- Total assets, end of year
- $7,225,482
- Total liabilities, end of year
- $3,529,028
- Net assets, end of year
- $3,696,454
- Net assets without donor restrictions
- $444,147
- Net assets with donor restrictions
- $3,252,307
- Gross receipts
- $5,040,644
- Employees
- 0
- Volunteers
- 8
- Year formed
- 2012
- State of legal domicile
- NJ
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANCIS HAGER | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| LUIS TELLEZ | PRESIDENT Trustee or director, Officer | 30 | $0 |
| DONALD READLINGER | SECRETARY Trustee or director, Officer | 1 | $0 |
| Keith Fullenweider | TRUSTEE Trustee or director | 1 | $0 |
| ROBERT GEORGE | TRUSTEE Trustee or director | 1 | $0 |
| MYLES HARRINGTON | TRUSTEE Trustee or director | 1 | $0 |
| STEVEN JUSTICE | TRUSTEE Trustee or director | 1 | $0 |
| BOYD SMITH | TRUSTEE Trustee or director | 1 | $0 |
| THOMAS TRKLA | TRUSTEE Trustee or director | 1 | $0 |
| G David Bednar | trustee (term 02/26//2025) Trustee or director | 1 | $0 |
| KELLY HANLON | DIRECTOR OF OPERATIONS Officer | 28 | $0 |
| JOHN DOHERTY | ASST. TREASURER Officer | 18 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANCIS HAGER | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| LUIS TELLEZ | PRESIDENT Trustee or director, Officer | 30 | $0 |
| DONALD READLINGER | SECRETARY Trustee or director, Officer | 1 | $0 |
| G DAVID BEDNAR | TRUSTEE Trustee or director | 1 | $0 |
| ROBERT GEORGE | TRUSTEE Trustee or director | 1 | $0 |
| MYLES HARRINGTON | TRUSTEE - FROM 06/2024 Trustee or director | 1 | $0 |
| STEVEN JUSTICE | TRUSTEE Trustee or director | 1 | $0 |
| BOYD SMITH | TRUSTEE Trustee or director | 1 | $0 |
| THOMAS TRKLA | TRUSTEE Trustee or director | 1 | $0 |
| KELLY HANLON | DIRECTOR OF OPERATIONS Officer | 28 | $0 |
| JOHN DOHERTY | ASST. TREASURER & Dir. Finance Officer | 18 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANCIS HAGER | CHAIRMAN - FROM 02/2023 Trustee or director, Officer | 1 | $0 |
| LUIS TELLEZ | PRESIDENT Trustee or director, Officer | 30 | $0 |
| DONALD READLINGER | SECRETARY Trustee or director, Officer | 1 | $0 |
| G DAVID BEDNAR | TRUSTEE Trustee or director | 1 | $0 |
| ROBERT GEORGE | TRUSTEE Trustee or director | 1 | $0 |
| STEVEN JUSTICE | TRUSTEE Trustee or director | 1 | $0 |
| BOYD SMITH | TRUSTEE Trustee or director | 1 | $0 |
| THOMAS TRKLA | TRUSTEE Trustee or director | 1 | $0 |
| PETER BINCKERHOFF | TREASURER - THRU 02/2023 Trustee or director | 1 | $0 |
| THALIA CONSIDINE | TRUSTEE - THRU 11/2023 Trustee or director | 1 | $0 |
| KELLY HANLON | DIRECTOR OF OPERATIONS Officer | 28 | $0 |
| JOHN DOHERTY | ASSISTANT TREASURER Officer | 18 | $0 |
| RUSSELL SNELL | PROGRAM COMMITTEE MEMBER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 16 STOCKTON ST, PRINCETON, NJ 08540-6813
- In care of
- % LUIS TELLEZ
- Principal officer (990 for 2025)
- Luis E Tellez, 16 Stockton Street, Princeton, NJ 085406813
- Signed the 990
- Luis E Tellez, PRESIDENT
- Phone
- (609) 688-8779
- Website
- WWW.EXCELLENCEINHIGHERED.ORG
- Return prepared by
- WithumSmithBrown PC
Mission
ESTABLISHED IN 2012 AS AN INDEPENDENT, NON-PARTISAN, GRANT-MAKING ORGANIZATION, THE FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION, INC ("FEHE") FUNDS AND ADVISES PROGRAMS AT ELITE UNIVERSITIES WHERE THE NEXT GENERATION OF CULTURAL LEADERS ARE FORMED. WE ADVANCE OUR MISSION OF ACADEMIC AND CULTURAL RENEWAL BY BUILDING INTERNAL UNIVERSITY PROGRAMS SUPPORTED BY EXTERNAL INSTITUTES, FORMING EXCEPTIONAL STUDENTS IN CHARACTER AND VIRTUE THROUGH CLOSE MENTORSHIP AND INTELLECTUAL FRIENDSHIP, NETWORKING THESE STUDENTS WITH SELECT FACULTY, INDUSTRY LEADERS, AND WITH EACH OTHER, AND MULTIPLYING THEIR IMPACT ACROSS INDUSTRIES, GEOGRAPHIES, AND GENERATIONS.
Program accomplishments
- In the 2024-25 academic year, FEHE's network sponsored 85 for-credit courses for almost 3,500 students, and hosted over 1,650 seminars, lectures, and conferences for about 40,000 attendees. FEHE currently supports twenty-five institutes and programs at fifteen elite universities. These programs are forming exceptional students through intellectual friendship, connecting them with each other, and positioning them at key points of cultural influence in academia, law, politics, business, media, finance, and medicine. FEHE's impact on elite universities and the broader culture is significant and growing. In the past five years, our grantees have reached approximately 140,000 students and young scholars through 6,680 events and 329 for-credit courses. The year-over-year growth of each of these metrics (students and attendees up 143 percent; events up 6 percent; for-credit courses up 12 percent) demonstrates FEHE's success in advancing its goals of forming students and supporting the next generation of scholars and leaders.Expenses $5,169,043 · grants $4,884,090 · revenue $98,050
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 | 990 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
- 46-1439784
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $7,225,482
- Income (IRS master file)
- $5,040,644
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $5,032,451 | $5,655,280 | $7,225,482 | XML |
| 990 | December 2024 | $7,290,829 | $9,825,103 | $11,723,941 | XML |
| 990 | December 2023 | $7,899,396 | $10,284,802 | $13,285,530 | XML |
| 990 | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 46-1439784).
Questions about FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION INC
- What is the EIN of FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION INC?
- The employer identification number (EIN) of FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION INC is 46-1439784.
- Is FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION 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 FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION INC?
- The 990 for the year ended December 31, 2025 names Luis E Tellez.
- Who are the officers and directors of FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does FOUNDATION FOR EXCELLENCE IN HIGHER EDUCATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $5,032,451, expenses of $5,655,280 and total assets of $7,225,482 at year end.
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