Nonprofit · EIN 36-6103388
THE NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION
Tax-exempt · WASHINGTON, DC 20036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $18,753,714 | $20,182,483 | -$1,428,769 | $42,417,749 | $2,062,118 | $40,355,631 |
| December 31, 2023 | 990 | $21,431,769 | $21,366,161 | $65,608 | $44,270,078 | $3,169,935 | $41,100,143 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,941,583
- Program service revenue
- $5,384,255
- Investment income
- $1,491,035
- Royalties
- $6,585,757
- Net gain from sales of assets
- $715,308
- Net income from fundraising events
- -$648,916
- Other revenue
- $5,936,841
Expenses
- Grants and similar amounts paid
- $4,814,872
- Compensation of officers, directors and key employees
- $350,948
- Other salaries and wages
- $2,237,908
- Salaries, compensation and benefits (total)
- $3,368,338
- Professional fundraising fees
- $0
- Legal fees
- $4,052
- Accounting fees
- $71,940
- Occupancy
- $98,410
- Travel
- $428,901
- Depreciation
- $232,168
- Program services (functional)
- $16,867,549
- Management and general (functional)
- $1,057,923
- Fundraising (functional)
- $2,257,011
Balance sheet and other
- Total assets, start of year
- $44,270,078
- Total assets, end of year
- $42,417,749
- Total liabilities, end of year
- $2,062,118
- Net assets, end of year
- $40,355,631
- Land, buildings and equipment
- $2,448,502
- Publicly traded securities
- $25,024,064
- Net assets without donor restrictions
- $11,166,506
- Net assets with donor restrictions
- $29,189,125
- Gross receipts
- $27,940,024
- Employees
- 39
- Volunteers
- 32
- Year formed
- 1952
- State of legal domicile
- IL
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 |
|---|---|---|---|---|---|
| Michelle L Korsmo | President & CEO Officer | 8 | $0 | $2,556,642 | $1,301,039 |
| Marvin F Irby | CAO (until 6/15/24) Officer | 8 | $0 | $962,747 | $669,930 |
| Robert A Gifford | President Officer | 40 | $0 | $757,712 | $359,398 |
| Eric Ellis | CFO Officer | 8 | $0 | $467,334 | $107,922 |
| Susan R Crystal-Mansour | VP, Programs Impact Key employee | 40 | $267,459 | $0 | $83,489 |
| Allison Rhyne | VP. Development Officer | 20 | $0 | $250,713 | $43,315 |
| Alyssa M Prince | Director, Engagement Highest-paid employee | 40 | $153,055 | $0 | $60,559 |
| Amy B Saltzman | Director, ProStart Program Highest-paid employee | 40 | $161,213 | $0 | $50,300 |
| Patricia D Gill | Director, Workforce Development Highest-paid employee | 40 | $174,216 | $0 | $26,120 |
| Jason Peller | Director, Program Development & Ops Highest-paid employee | 40 | $145,260 | $0 | $52,273 |
| Hannah Oliver | Director, Communications Highest-paid employee | 40 | $140,197 | $0 | $56,761 |
| Shaun Beard | Chair Trustee or director, Officer | 5 | $0 | $0 | $0 |
| William Kohl | Vice Chair Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Carrie Leishman | Treasurer Trustee or director, Officer | 5 | $0 | $0 | $0 |
| James Fripp | Immediate Past Chair Trustee or director | 5 | $0 | $0 | $0 |
28 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Axiotis | Trustee Trustee or director | 2 | $0 |
| Theodore Balestreri II | Trustee Trustee or director | 2 | $0 |
| Louis Basile | Trustee Trustee or director | 2 | $0 |
| Mark Bucher | Trustee Trustee or director | 2 | $0 |
| Mateo Cidre | Trustee Trustee or director | 2 | $0 |
| Gregory Cocchiarella | Trustee Trustee or director | 2 | $0 |
| Ashley Coneff | Trustee Trustee or director | 2 | $0 |
| Horace Dawson | Trustee Trustee or director | 2 | $0 |
| David Dittenber | Trustee Trustee or director | 2 | $0 |
| Mark Erickson | Trustee Trustee or director | 2 | $0 |
| Joseph Essa | Trustee Trustee or director | 2 | $0 |
| Hector Gallardo | Trustee Trustee or director | 2 | $0 |
| Damian Hanft | Trustee Trustee or director | 2 | $0 |
| Kristine Hillmer | Trustee Trustee or director | 2 | $0 |
| Steven Johnson | Trustee Trustee or director | 2 | $0 |
| Jeffrey Lobdell | Trustee, ex-officio Trustee or director | 2 | $0 |
| Perry Miele | Trustee Trustee or director | 2 | $0 |
| Sarah Oates Harlow | Trustee Trustee or director | 2 | $0 |
| Donna Quadri-Felitti PhD | Trustee Trustee or director | 2 | $0 |
| Sonia Riggs | Trustee Trustee or director | 2 | $0 |
| Dan Rowe | Trustee Trustee or director | 2 | $0 |
| Christopher Savvides | Trustee Trustee or director | 2 | $0 |
| Laurie Schalow | Trustee Trustee or director | 2 | $0 |
| Richard Schneider | Trustee Trustee or director | 2 | $0 |
| Susannah Sellers-Ryan | Trustee Trustee or director | 2 | $0 |
| Jay Stieber | Trustee Trustee or director | 2 | $0 |
| Neil Sudaisar | Trustee Trustee or director | 2 | $0 |
| Curtis Wilson | Trustee Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 44 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Michelle L Korsmo | President & CEO Officer | 8 | $0 | $2,089,625 | $981,725 |
| Marvin F Irby | CAO Officer | 8 | $0 | $1,206,668 | $654,977 |
| Robert A Gifford | President Officer | 40 | $766,728 | $0 | $328,942 |
| Eric Ellis | CFO Officer | 8 | $0 | $550,775 | $170,356 |
| Susan R Crystal-Mansour | VP, Programs Impact Key employee | 40 | $262,587 | $0 | $99,106 |
| Allison Rhyne | VP. Development Key employee | 40 | $274,848 | $0 | $64,550 |
| Gordon D Lambourne | VP, Communications until 10/7/23 Key employee | 40 | $264,568 | $0 | $33,327 |
| Maria Roberts | Director, Pship Strategy & Ops Highest-paid employee | 40 | $178,147 | $0 | $73,476 |
| Sally McVey | Director, Industry Partnership Lead Highest-paid employee | 40 | $147,189 | $0 | $76,210 |
| Alyssa M Prince | Director, Scholarships & Engagement Highest-paid employee | 40 | $148,952 | $0 | $73,130 |
| Amy B Saltzman | Sr Director, Career & Tech Education Highest-paid employee | 40 | $147,393 | $0 | $53,121 |
| Patricia D Gill | Director, Workforce Development Highest-paid employee | 40 | $169,670 | $0 | $27,999 |
| James Fripp | Chair Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Shaun Beard | Vice Chair Trustee or director, Officer | 5 | $0 | $0 | $0 |
| William Kohl | Treasurer Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Michael Axiotis | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Theodore Balestreri II | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Louis Basile | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Archna Becker | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Gregory Cocchiarella | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Horace Dawson | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| David Dittenber | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Mark Erickson | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Joseph Essa | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Hector Gallardo | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Kristine Hillmer | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Steven Johnson | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Brett Ladd | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Carrie Leishman | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Jeffrey Lobdell | Trustee, ex-officio Trustee or director | 2 | $0 | $0 | $0 |
| Perry Miele | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Sarah Oates | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Donna Quadri-Felitti PhD | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Scott Redler | Trustee, ex-officio Trustee or director | 2 | $0 | $0 | $0 |
| Sonia Riggs | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Dan Rowe | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Christopher Savvides | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Laurie Schalow | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Richard Schneider | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Susannah Sellers-Ryan | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Jay Stieber | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Neil Sudaisar | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Kelli Valade | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Curtis Wilson | Trustee Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2055 L ST NW STE 700, WASHINGTON, DC 20036-4985
- In care of
- % PIYUSH PATEL
- Principal officer (990 for 2024)
- Michelle L Korsmo, 2055 L Street NW 702, Washington, DC 200364957
- Signed the 990
- Michelle L Korsmo, President & CEO
- Phone
- (800) 424-5156
- Website
- chooserestaurants.org
- Return prepared by
- RSM US LLP
Mission
As the philanthropic foundation of the National Restaurant Association, we enhance the industry's service to the public through education, community engagement, and promotion of career opportunities.
Program accomplishments
- ProStart is a nationwide program for high school students that focuses on developing the next generation of restaurant and foodservice leaders. The program is industry-driven, combining culinary arts and restaurant management training to build practical skills. ProStart provides students a platform to discover new interests while highlighting successful career opportunities across the industry. ProStart reaches approximately 214,000 students in 2,100 schools across all 50 states, Washington, DC, and the Territories of Guam and Puerto Rico. Additionally, the National Restaurant Association Educational Foundation awards more than $1 million in scholarships and grants each year. Since 1987, the Foundation has awarded more than $27 million.Expenses $11,878,386 · grants $3,034,247 · revenue $1,291,184
- NRAEF and the American Hotel & Lodging Association, are entered into a contract with the Department of Labor (DOL) to create and implement a registered apprenticeship initiative for the restaurant and hospitality industries. The program will provide a definitive pathway to equip individuals with the knowledge, skills and confidence to advance to management-level positions. NRAEF has received other grants with DOL for ex-offenders to find employment in the restaurant and hospitality industries.Expenses $4,527,127 · grants $1,780,625 · revenue $4,093,071
- The NRAEF supports active, guard and reserve military members, military spouses, dependent children and veterans with their transition out of the military after separating or retiring from duty. This support includes the Foundation's work to: *Provide pathways to help service members and their families transition into civilian life * Train service members to hone their skills * Honor service member by recognizing the best in foodservice operations through the Travelers program.Expenses $462,036
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
- 36-6103388
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Food, agriculture and nutrition (K99E)
- Assets (IRS master file)
- $42,417,749
- Income (IRS master file)
- $27,940,024
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $18,753,714 | $20,182,483 | $42,417,749 | IRS |
| 990 | December 2023 | $21,431,769 | $21,366,161 | $44,270,078 | XML |
| 990 | December 2022 | $22,193,530 | $19,750,677 | $42,403,984 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 36-6103388).
Questions about THE NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION
- What is the EIN of THE NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION?
- The employer identification number (EIN) of THE NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION is 36-6103388.
- Is THE NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to THE NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does THE NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION 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 THE NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION 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 THE NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION 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 THE NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION?
- The 990 for the year ended December 31, 2024 names Michelle L Korsmo.
- Who are the officers and directors of THE NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 43 people; 6 received compensation from the organization.
- How much revenue does THE NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $18,753,714, expenses of $20,182,483 and total assets of $42,417,749 at year end.
Other nonprofits in WASHINGTON
- MEANS DATABASE INC EIN 47-4262060 · last filed 990 for 2024
- CAPITAL AREA FOOD BANK EIN 52-1167581 · last filed 990 for 2025
- INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE EIN 52-1041632 · last filed 990 for 2024
- FOUNDATION FOR FOOD AND AGRICULTURE RESEARCH EIN 47-1559027 · last filed 990 for 2024
- AMERICAN FARMLAND TRUST EIN 52-1190211 · last filed 990 for 2025
- INTERNATIONAL FRESH PRODUCE ASSOCIATION EIN 87-3495767 · last filed 990 for 2025
- BREAD FOR THE CITY INC EIN 52-1138207 · last filed 990 for 2025
- MARTHAS TABLE EIN 52-1186071 · last filed 990 for 2025
All nonprofits in WASHINGTON · District of Columbia · Food, agriculture and nutrition