2026-05-08T12:42:52-05:00 2025-12-31 043108635 LEONARD MULHERIN & GREENE PC 625 GROVE STREET BRAINTREE MA 02184 990 2025-01-01 821060870 PREA FOUNDATION INC PREA 8606926341 100 PEARL SREET 13TH FLOOR HARTFORD CT 06103 IVAN BARRON EXECUTIVE DIRECTOR 8606926341 2026-05-08 1 STEPHEN M SNOW P00641289 7813564800 2025 2025-03-06 01:10:19Z IVAN BARRON 100 PEARL SREET 13TH FLOOR HARTFORD CT 06103 5947242 0 X WWW.PREA.ORG/FOUNDATION X 2017 NY CREATING OPPORTUNITIES FOR PEOPLE FROM ALL BACKGROUNDS TO ACCESS AND EXCEL IN THE COMMERCIAL REAL ESTATE INDUSTRY. 21 21 4 39 0 0 13542119 5181643 0 0 556350 624528 0 0 14098469 5806171 2855852 3223273 0 0 549310 655805 0 0 378811 306898 432722 3712060 4311800 10386409 1494371 35763271 39112829 79789 108216 35683482 39004613 THE MISSION OF PREA FOUNDATION, INC. IS TO ADVANCE THE INTERESTS AND VALUES OF THE INSTITUTIONAL REAL ESTATE INVESTMENT COMMUNITY BY CREATING OPPORTUNITIES FOR PEOPLE FROM ALL BACKGROUNDS TO ACCESS AND EXCEL IN THE INDUSTRY. 0 0 3607943 3223273 THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO QUALIFIED GRANTEES WHICH PROVIDE PROFESSIONAL DEVELOPMENT PROGRAMS AND TRAINING TO ENCOURAGE INDIVIDUALS TO PURSUE CAREERS IN THE REAL ESTATE INDUSTRY. DURING THE YEAR ENDED DECEMBER 31, 2025, THE PROGRAM SERVED 7,952 STUDENTS. 3607943 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA CO CT DC FL GA IL IN KS MD MA MO NJ NY NC OH OR NH PA SC VA WA TX X X X IVAN BARRON 2065375769 100 PEARL STREET 13TH FLOOR HARTFORD CT 06103 DEBORAH HARMON CHAIR 1.00 X X 0 0 0 KEVIN FAXON PRESIDENT 1.00 X X 0 0 0 LINDA ASSANTE VICE PRESIDENT 1.00 X X 0 0 0 DHVANI SHAH TREASURER 1.00 X X 0 0 0 MANNY CASANGA SECRETARY 1.00 X X 0 0 0 KIMBERLY ADAMS DIRECTOR 1.00 X 0 0 0 DEAN ADLER DIRECTOR 1.00 X 0 0 0 ANAR CHUDGAR DIRECTOR (EX-OFFICIO) 1.00 X 0 0 0 KHALIF EDWARDS DIRECTOR 1.00 X 0 0 0 JEFFREY FINE DIRECTOR 1.00 X 0 0 0 GAIL HAYNES DIRECTOR (EX-OFFICIO) 1.00 X 0 0 0 SONNY KALSI DIRECTOR 1.00 X 0 0 0 ZANETA KOPLEWICZ DIRECTOR 1.00 X 0 0 0 ERIC LANG DIRECTOR 1.00 X 0 0 0 CHRIS LEE DIRECTOR 1.00 X 0 0 0 CATHY MARCUS DIRECTOR 1.00 X 0 0 0 ALFONSO MUNK DIRECTOR 1.00 X 0 0 0 AMANDA NUNNINK DIRECTOR 1.00 X 0 0 0 CHRISTINA SCARLATO DIRECTOR 1.00 X 0 0 0 JONATHAN SLAGER DIRECTOR 1.00 X 0 0 0 ARTURO SNEIDER DIRECTOR 1.00 X 0 0 0 DENISE STAKE DIRECTOR 1.00 X 0 0 0 SALLY STOCKS DIRECTOR 1.00 X 0 0 0 IVAN BARRON EXECUTIVE DIRECTOR 40.00 X 324244 0 29782 324244 0 29782 1 0 1 0 0 5181643 27727 5181643 410393 410393 355206 141071 214135 214135 214135 5806171 0 0 624528 3223273 3223273 377947 188974 75589 113384 226989 49856 57560 119573 7441 2124 2442 2875 9303 2731 3414 3158 34125 12041 7789 14295 63207 63207 31603 31603 5939 1979 1980 1980 23155 3168 15113 4874 56980 28490 28490 46166 46166 2210 2210 2707 2707 CONSULTING FEES 101854 25464 35649 40741 PROGRAM EXPENSES 54531 54531 MARKETING 18587 15312 3275 BANK FEES 10380 10380 15403 15403 4311800 3607943 325046 378811 340019 737624 4012049 4140680 17368249 15366428 262929 169217 7621 4249 4260 3372 13775765 18695508 35763271 39112829 79789 108216 79789 108216 X 18155233 21779048 17528249 17225565 35683482 39004613 35763271 39112829 1494371 1826770 -10 0 X 0 1 X 1 0 X 2683677 9497106 3823937 13542119 5181643 34728482 2683677 9497106 3823937 13542119 5181643 34728482 10848136 23880346 935 159451 657521 537359 410393 1765659 36494141 0.65440 0.63310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13775765 2549782 2369971 10 18695508 3264279 9464289 1047216 19 13775765 3158302 105977 3264279 1.00000 0 0 7621 4249 3372 3372 7632931 1826770 1826770 5806161 10 10 5806171 4311800 0 4311800 0 4311800 PART V, LINE 4: THE FOUNDATION'S BOARD-DESIGNATED ENDOWMENT IS DESIGNED TO ENSURE LONG-TERM FINANCIAL SECURITY FOR THE FOUNDATION AND TO PROVIDE SUPPORT FOR ITS ACTIVITIES, PROGRAMS, AND OPERATING EXPENSES. THE FOUNDATION'S INVESTMENT OBJECTIVES ARE TO SAFEGUARD ITS ENDOWMENT ASSETS AND PRESERVE THE REAL PURCHASING POWER OF THE ENDOWMENT ASSETS WHILE EARNING INVESTMENT RETURNS THAT ARE COMMENSURATE WITH THE FOUNDATION'S RISK TOLERANCE AND SUFFICIENT TO MEET ITS OPERATIONAL REQUIREMENTS. 1 GIRLS WHO INVEST INC 28 LIBERTY STREET 6TH FLOOR NEW YORK NY 10005 473894644 501(C)(3) 408973 0 INITIATIVE TO INCREASE THE NUMBER OF COLLEGE-AGE WOMEN WHO ARE EXPOSED TO REAL ESTATE INVESTMENT MANAGEMENT CAREERS THROUGH EDUCATION AND INTERNSHIPS. MORTGAGE BANKERS ASSOCIATION 1919 M STREET NW 5TH FLOOR WASHINGTON DC 20016 361505650 501(C)(6) 250000 0 THROUGH THE CREF AWARENESS PROGRAM, BROADEN OUTREACH AND ATTRACT A NEW GENERATION OF STUDENTS BY DIRECTLY CONNECTING STUDENTS TO EDUCATION AND INTERSHIP/JOB OPPORTUNTIES WITHIN THE REAL ESTATE INDUSTRY. ROBERT A TOIGO FOUNDATION 555 12TH STREET SUITE 275 OAKLAND CA 94607 133565420 501(C)(3) 331000 0 EDUCATIONAL PROGRAM ADVANCING THE ENTRANCE AND ONGOING SKILL DEVELOPMENT OF MBAS INTO THE FIELD OF REAL ESTATE. SPONSORS FOR EDUCATIONAL OPPORTUNITY INC 55 EXCHANGE PLACE SUITE 601 NEW YORK NY 10005 132578670 501(C)(3) 1833300 0 PREA/SEO REAL ESTATE TRACK SUMMER 2025 INTERNSHIP PROGRAM. THE URBAN ALLIANCE FOUNDATION INC 2030 Q STREET NW WASHINGTON DC 20009 521938443 501(C)(3) 400000 0 TO EXPOSE STUDENTS AGES 16-24 TO THE REAL ESTATE INDUSTRY. 5 PART I, LINE 2: THE FOUNDATION MAKES GRANT AWARDS TO PUBLIC CHARITIES UPON REVIEW OF GRANT PROPOSALS THAT SUFFICIENTLY DEMONSTRATE THE INTENDED USE OF THE FUNDS TO SUPPORT CAREER DEVELOPMENT AND OPPORTUNITIES FOR YOUNG PEOPLE TO ACCESS AND ENTER THE REAL ESTATE INDUSTRY. THE FOUNDATION REVIEWS PERIODIC REPORTS FROM GRANTEES TO CONFIRM THAT FUNDS DONATED ARE BEING USED IN THE MANNER DESCRIBED AND CONSISTENT WITH THE FOUNDATION'S MISSION. X X 0 0 0 0 0 0 0 0 0 IVAN BARRON EXECUTIVE DIRECTOR 324244 0 0 0 0 0 18000 0 11782 0 354026 0 0 0 X ADMINISTRATIVE EXPENSES 70 27727 0 0 0 PART I, COLUMN (B): THE NUMBER DISCLOSED IN PART I COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED BY THE FOUNDATION FOR THE YEAR ENDED DECEMBER 31, 2025. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FEDERAL FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR OF THE FOUNDATION AND THE PRESIDENT OF THE PENSION REAL ESTATE ASSOCIATION WHO ALSO SERVES ON THE BOARD OF DIRECTORS OF THE FOUNDATION. SUCH REVIEW TAKES PLACE UPON RECEIPT OF THE DRAFT FORM 990, WHICH IS PREPARED BY THE INDEPENDENT PUBLIC ACCOUNTING FIRM. THE REVIEW INCLUDES THE FINANCIAL INFORMATION REPORTED AND A REVIEW OF ALL NARRATIVE INFORMATION FOR ACCURACY AND COMPLETENESS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FURTHER, A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO FILE A STATEMENT ON AN ANNUAL BASIS DISCLOSING ANY POTENTIAL INTEREST THAT COULD GIVE RISE TO CONFLICTS. INDIVIDUALS WITH POTENTIAL CONFLICTS OF INTEREST ARE PROHIBITED FROM PARTICIPATING IN ANY DELIBERATIONS OR DECISION THAT MAY BE AFFECTED BY A POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC VIA THE FOUNDATION'S WEBSITE AS WELL AS UPON REQUEST. THE FOUNDATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.