| Grantee | Grant description | Grant year | Amount |
|---|---|---|---|
| Strada Education Foundation | Support Their Philanthropic Efforts Pursuant To the December 6, 2016 Transfer of Ownership of United Student Aid Funds and Northwest Education Loan Association From Usa Funds (Now Strada) To Ascendium. | 2022-12 | $50,201,917 |
| Merit America | Grant, Scaling It Support and Data Analytics Certificate Programming for Learners From Low-Income Backgrounds | 2022-12 | $5,000,000 |
| Manpower Demonstration Research Corporation (MDRC) | Grant, Capitalizing on Federal Momentum To Advance Postsecondary Student Success Grant, on the Path To A Degree (Onpath) Grant, Strengthen and Scale Multiple Measures Assessment Implementation Grant, Building & Applying Strong Evidence About Postsecondary Success & Economic Mobility | 2022-12 | $3,855,800 |
| ...and 147 more grants made totalling $101,206,294 | |||
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|---|---|---|
| Ascendium Education Group | 2022-12 | Fund Ascendium Education Solution, Inc. Grant Program | $61,144,777 |
| Name | Title | Compensation | Date of data |
|---|---|---|---|
| Jeff Crosby | President and CEO, Ascendium Education Solutions | $521,604 | 2023-10-15 |
| Jeffery E Crosby | President and Chief Executive Officer - Aes | $547,044 | 2022-12-31 |
| Hope Merry | Chief Financial Officer | $0 | 2024-04-17 |
| Brett Lindquist | Vice President - Strategic Communications / Chief Marketing and Sales Officer | $0 | 2021-12-31 |
| Brian Kobishop | Vice President - It and Security and Logistics | $0 | 2021-12-31 |
| ...and 14 more key personnel | |||
| Revenues | FYE 12/2022 |
|---|---|
| Total grants, contributions, etc. | $61,144,777 |
| Program services | $321,760,632 |
| Investment income and dividends | $1,390,574 |
| Tax-exempt bond proceeds | $0 |
| Royalty revenue | $0 |
| Net rental income | $0 |
| Net gain from sale of non-inventory assets | $0 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous revenues | $4,632,508 |
| Total revenues | $388,928,491 |
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|---|---|---|
| 2022-12 | 2023-08-30 | 990 | View PDF |
| 2021-12 | 2022-08-31 | 990 | View PDF |
| 2020-12 | 2021-08-30 | 990 | View PDF |
| 2019-12 | 2020-11-18 | 990 | View PDF |
| 2018-12 | 2019-10-30 | 990 | View PDF |
| ...and 9 more Form 990s | |||
| Organization | Type | Location | Revenue |
|---|---|---|---|
| Educational Credit Management Corporation | 501(c)(3) | Minneapolis, MN | $361,979,726 |
| Educational Loan Finance | 501(c)(3) | Knoxville, TN | $139,396,971 |
| Road Scholar | 501(c)(3) | Boston, MA | $344,940,076 |
| Equitable Facilities Fund | 501(c)(3) | New York, NY | $109,581,682 |
| Scholarship America | 501(c)(3) | Minneapolis, MN | $222,521,699 |
| First Book | 501(c)(3) | Washington, DC | $104,666,814 |
| ECMC Foundation | 501(c)(3) | Minneapolis, MN | $501,684,291 |
| University of Hawaii Foundation | 501(c)(3) | Honolulu, HI | $182,685,209 |
| The Foundation for City College | 501(c)(3) | New York, NY | $102,453,904 |
| Grand Canyon University | 501(c)(3) | Phoenix, AZ | $1,645,639,814 |
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