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Project Pericles Inc

EIN 13-4097541 · New York, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair61 out of 100GovernanceGood85 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

Project Pericles is a higher education nonprofit dedicated to advancing civic participation and social responsibility across college campuses. Through faculty leadership programs, community-engaged learning, and co-curricular initiatives, we equip faculty and students with the knowledge, skills, and resources to address societys most pressing challenges. In collaboration with our consortium of colleges and universities ("Pericleans"), we foster institutional commitments to ensure that active civic participation is woven throughout the curriculum and campus culture. By providing funding opportunities, national convenings, and thought leadership, Project Pericles strengthens higher educations role in preparing students for lives of meaningful impact and public purpose.

Income
$617,414
Spending
$732,820
Spent on programs
76%
Reserves
7.3 months of spending
Largest source of income
investment income, 66%
Employees
3

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 61 out of 100. Higher than 19% of charities in its peer group (philanthropy, $250k to $1m).

  • Reserves

    28 of 35

    Spendable reserves would cover 7.3 months of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 19% of income.

  • Income trend

    5 of 15

    Income fell 20% on the year before.

  • Spending floor

    8 of 15

    76% of spending went to programs and raising each dollar of donations cost 40 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 85 out of 100. Higher than 68% of charities in its peer group (philanthropy, $250k to $1m).

  • Independent board

    25 of 25

    13 of 13 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    0 of 5

    Reports that it does not keep minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $399,820 spent. Comprehensive Civic Education Resources: Online resources support faculty across disciplines and campus stakeholders interested in civic engagement. Materials include model syllabi, community-engaged learning frameworks, deliberative dialogue guides, nonpartisan voter education materials. These interconnected tools help students understand relationships between civic issues, elected officials, voting impact, and democratic participation.
  2. $150,875 spent. Community-Engaged Learning and Civic Engagement Grants Program: Project Pericles offers grants to empower faculty and staff in helping students address real-world challenges and develop civic capacities. Periclean Faculty Leader and Course Enhancement grants ($3,000-$4,500) support courses that tackle real-world issues and/or benefit local communities. Civic Engagement Mini-Grants ($1,000) fund collaborative projects addressing public issues and encouraging civic participation. Recipients document their processes and outcomes to inspire future initiatives. Together, these grants foster broader civic engagement, enhance student learning, and promote community well-being through inclusive, real-world applications of academic knowledge and co-curricular experiences.
  3. $6,220 spent. Network Convenings: In-person conferences and virtual gatherings that bridge campus stakeholders across the consortium and affiliated faculty/staff from 50+ nationwide institutions to exchange best practices and address common challenges. These forums cultivate a vibrant community of practice among civic-minded higher education professionals committed to strengthening democracy through education.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2000.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.