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Tennessee scholarship organizations

There are 333scholarship and financial aid organizations in Tennessee. Combined, these Tennesseanscholarship organizationsemploy 117 people, earn more than $280 million in revenue each year, and have assets of $3 billion.
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Scholarship organizations by major Tennessee cities

Metro areaNonprofitsRevenues
Nashville
124
$33,502,095
Memphis
56
$54,060,093
Knoxville
47
$165,319,004
Chattanooga
17
$304,241
Jackson, TN
14
$944,024
Clarksville
13
$13,808,666
Kingsport
5
$0
Morristown
4
$156,445
Johnson City
4
$0
Cleveland, TN
2
$8,295
Showing 10 of 10metros

Job trends for Tennessee scholarship organizations

Employees per organizationNumber of organizations
0
67
1-10
7
11-25
1
26-100
2
101 to 1,000
0
1,000+
0
Key takeaways for employment stats:

Sizes of scholarship organizations in Tennessee

Revenues per organizationNumber of organizations
< $250k
94
$250k to $1M
14
$1M to $5M
6
$5M to $25M
5
$25M to $100M
1
$100M+
1
Key takeaways for revenue stats:

Directory of scholarship organizations in Tennessee

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1-20 of 333

University of Memphis Foundation

The Foundation was formed exclusively to benefit the University of Memphis and accepts, manages and disburses private support to the University.
Revenue
$47.6m
Assets
$222.7m
Employees
0
EIN
62-6048540
IRS type
501(c)(3)

Educational Loan Finance

ELFI provides educational loans, financial literacy resources, education program funding, and grants for scholarships to pre-college and college students.
Revenue
$155.5m
Assets
$2.2b
Employees
33
EIN
62-1586836
IRS type
501(c)(3)

tnAchieves

The mission of tnAchieves is to increase higher education opportunities for Tennessee public high school students by providing last dollar scholarships with mentor guidance.
Revenue
$5.7m
Assets
$1.3m
Employees
52
EIN
27-4673873
IRS type
501(c)(3)

Austin Peay State University Foundation

The Austin Peay State University Foundation offers scholarships, awards, and funds for various educational purposes within APSU.
Revenue
$13.8m
Assets
$79.7m
Employees
0
EIN
62-0961836
IRS type
501(c)(3)

Tennessee Technological University Foundation

TTU Foundation promotes TTU development and provides private gift support, making purchases and transfers on behalf of departments.
Revenue
$10.6m
Assets
$138.1m
Employees
0
EIN
59-1777911
IRS type
501(c)(3)

Tennessee State University Foundation

The Tennessee State University Foundation supports the university's goals through scholarships and general support.
Revenue
$11.5m
Assets
$109.5m
Employees
0
EIN
23-7105693
IRS type
501(c)(3)

United Methodist Higher Education Foundation (UMHEF)

Part of United Methodist Higher Education Foundation's mission is to develop a sound funding base to ensure the continuing presence and influence of The United Methodist Church in providing higher education in a Christian context.
Revenue
$2.4m
Assets
$61.9m
Employees
6
EIN
23-7077869
IRS type
501(c)(3)

Equal Chance for Education

Our goal is to provide an Equal opportunity to achieve the American dream through the completion of a college Education by providing direct payment scholarships to Education institutions.
Revenue
$2.0m
Assets
$377.0k
Employees
3
EIN
46-4528066
IRS type
501(c)(3)

Governors Rural Education Foundation

The Governors Rural Education Foundation boosts college access and readiness for Tennessee students by funding effective programs from other 501(c)(3) organizations.
Revenue
$12.6m
Assets
$87.0k
Employees
0
EIN
86-3628875
IRS type
501(c)(3)

The University of Memphis Research Foundation

U of M Research Foundation supports university's educational, research, and service functions. Aids tech transfer and administers sponsored projects.
Revenue
$2.1m
Assets
$4.8m
Employees
0
EIN
20-5400381
IRS type
501(c)(3)

Tennessee Higher Education Initiative

Tennessee Higher Education Initiative is a non-profit organization working to disrupt systems of harm and create opportunities for autonomy and success by providing college access to people inside Tennessee prisons, preparing students for skillful re-entr....
Revenue
$1.2m
Assets
$17.3k
Employees
0
EIN
45-4531767
IRS type
501(c)(3)

Memphis Opportunity Scholarship Trust

Most provides scholarships to low-income families in Memphis, TN, promoting educational opportunities and empowering parents to choose the best schools for their children.
Revenue
$1.8m
Assets
$7.8m
Employees
3
EIN
62-1723618
IRS type
501(c)(3)

The Orau Foundation

The Orau Foundation promotes higher scientific education through research grants and post-graduate awards. It supports Oak Ridge Associated Universities.
Revenue
$1.9m
Assets
$52.6m
Employees
0
EIN
58-1512615
IRS type
501(c)(3)

Foundation for Empowering All Tennesseans

A nonprofit in Nashville collaborating with stakeholders and partners to empower Tennessee's K-12 public education by promoting academic success.
Revenue
$16.0k
Assets
$12.9k
Employees
0
EIN
83-2760684
IRS type
501(c)(3)

Jordon Legacy Group

Jordon Legacy Group is a scholarship or financial aid organization in Nashville, TN that was founded in 2018.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
82-3449158
IRS type
501(c)(3)

East Tennessee Engineering Associations Council

East Tennessee Engineering Associations Council is a scholarship or financial aid organization in Kingsport, TN that was founded in 2007.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
83-0482150
IRS type
501(c)(3)

Knox County Retired Teachers Scholarship Foundation

The Knox County Retired Teachers Scholarship Foundation provides scholarships for college students who are seeking a degree in Education. Their programs include exclusively scholarships.
Revenue
$34.5k
Assets
$158.7k
Employees
0
EIN
62-1553756
IRS type
501(c)(3)

Frank Hale Scholarship Trust 237-3008002

Private foundation in Knoxville primarily funding operational expenses for three charities, including Lees McRae College. Three grants made last year.
Revenue
$55.4k
Assets
$906.2k
Employees
0
EIN
62-6099395
IRS type
501(c)(92)

Care 365 Christmas Care Fund

Care 365 Christmas Care Fund is a scholarship or financial aid organization in Knoxville, TN that was founded in 2006.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
20-6357573
IRS type
501(c)(3)

Tom Young Educational Memorial Scholarship

Tom Young Educational Memorial Scholarship is a scholarship or financial aid organization in Fayetteville, TN that was founded in 2019.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
47-4270516
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "B82: Scholarships, Student Financial Aid Services" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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