Scholarship and financial aid organizations
There are 26,364 scholarship organizations in the United States. Combined, these scholarship organizations employ 29,522 people, earn more than $14 billion in revenue each year, and have assets of $83 billion.
Job trends for Scholarship organizations
| Employees per organization | Number of organizations |
|---|---|
| 0 | 4,702 |
| 1-10 | 696 |
| 11-25 | 122 |
| 26-100 | 94 |
| 101 to 1,000 | 39 |
| 1,000+ | 3 |
Key takeaways for employment stats:
- Employment in Scholarship organizations is driven by large organizations like Health Scholarships of Georgia, Health Science Center at Brooklyn Foundation (HSCB), Cal Poly Pomona Foundation, Waldorf Lutheran College Foundation, and College Possible.
Sizes of scholarship organizations
| Revenues per organization | Number of organizations |
|---|---|
| < $250k | 7,094 |
| $250k to $1M | 1,344 |
| $1M to $5M | 651 |
| $5M to $25M | 225 |
| $25M to $100M | 53 |
| $100M+ | 22 |
Key takeaways for revenue stats:
- Large organizations like University of Virginia Investment Management Company (UVIMCO), Step Up For Students - Florida, Stephen Siller Tunnel To Towers Foundation, Stony Brook Foundation, and Health Scholarships of Georgia earn the majority of revenues among nonprofits in Scholarship organizations.
- Organizations with less than $1 million in revenue account for 8.2% of combined nonprofit revenues, whereas organizations in Scholarship organizations with more than $100 million account for 45.9% of nonprofit earnings.
Directory of scholarship organizations
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1-20 of 26,364
National Association of Student Financial Aid Administrators
Revenue
$14.8m
Assets
$30.7m
Employees
58
EIN
83-0211970
IRS type
501(c)(3)
Scholarship America
Revenue
$259.9m
Assets
$194.4m
Employees
236
EIN
04-2296967
IRS type
501(c)(3)
University System of Maryland Foundation (USMF)
Revenue
$77.1m
Assets
$2.4b
Employees
40
EIN
52-1125663
IRS type
501(c)(3)
Step Up For Students - Florida
Revenue
$904.6m
Assets
$1.5b
Employees
226
EIN
59-3649371
IRS type
501(c)(3)
United Negro College Fund
Revenue
$250.9m
Assets
$917.0m
Employees
352
EIN
13-1624241
IRS type
501(c)(3)
Pat Tillman Foundation
Revenue
$5.7m
Assets
$6.7m
Employees
27
EIN
20-1072336
IRS type
501(c)(3)
College Possible
Revenue
$34.4m
Assets
$25.7m
Employees
619
EIN
41-1968798
IRS type
501(c)(3)
University of Northern Colorado Foundation
Revenue
$41.6m
Assets
$194.9m
Employees
5
EIN
84-6044833
IRS type
501(c)(3)
College Success Foundation
Revenue
$27.2m
Assets
$32.3m
Employees
204
EIN
91-2036088
IRS type
501(c)(3)
Minnesota State University Moorhead Foundation (MSUMAF)
Revenue
$14.6m
Assets
$77.5m
Employees
16
EIN
23-7101061
IRS type
501(c)(3)
Montgomery County Public Schools Educational Foundation (MCPSEF)
Revenue
$3.7m
Assets
$12.1m
Employees
6
EIN
52-1804509
IRS type
501(c)(3)
Miami Dade College Foundation
Revenue
$43.4m
Assets
$290.6m
Employees
0
EIN
59-6169745
IRS type
501(c)(3)
Point Foundation
Revenue
$10.0m
Assets
$24.2m
Employees
26
EIN
84-1582086
IRS type
501(c)(3)
Automobile Dealers Educational Assistance Foundation
Revenue
$5.2m
Assets
$15.8m
Employees
0
EIN
34-1057430
IRS type
501(c)(6)
The Cafe Group
Revenue
$19.6m
Assets
$28.7m
Employees
15
EIN
85-3906899
IRS type
501(c)(3)
Tri-County Scholarship Fund
Revenue
$5.2m
Assets
$11.2m
Employees
5
EIN
22-2354475
IRS type
501(c)(3)
Health Science Center at Brooklyn Foundation (HSCB)
Revenue
$321.5m
Assets
$306.2m
Employees
3,448
EIN
11-2418771
IRS type
501(c)(3)
State University of Ny College at Farmingdale Foundation
Revenue
$8.3m
Assets
$21.9m
Employees
0
EIN
23-7046497
IRS type
501(c)(3)
Brookdale Community College Foundation Trust
Revenue
$6.7m
Assets
$15.5m
Employees
0
EIN
23-7245431
IRS type
501(c)(3)
Depaul College Prep Foundation
Revenue
$11.2m
Assets
$104.7m
Employees
0
EIN
81-4516326
IRS type
501(c)(3)
