ECMC FOUNDATION: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: ECMC FOUNDATION (EIN 41-1990628)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-11-12
IRS object ID: 202033179349309098
Schema version: 2019v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule I
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-11-12T18:30:42-06:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	390859910	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Baker Tilly Virchow Krause LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	225 South 6th Street Suite 2300	AddressLine1Txt
City	Minneapolis	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55402	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	411990628	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ECMC Foundation	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ECMC	BusinessNameControlTxt
Phone	6512210566	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	111 Washington Ave So 1400	AddressLine1Txt
City	Minneapolis	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55401	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Martin A Scanlon	PersonNm
Person Title	CFO & Treasurer	PersonTitleTxt
Signature	2020-11-12	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Lawrence H Mohr CPA	PreparerPersonNm
PTIN	P00447603	PTIN
Phone	6128764500	PhoneNum

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Peter J Taylor	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	111 Washington Ave So 1400	AddressLine1Txt
City	Minneapolis	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55401	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$43,379,508	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.ecmcfoundation.org	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2000	FormationYr
Legal Domicile State	DE	LegalDomicileStateCd
Activity Or Mission	ECMC Foundation is a grantmaking foundation focused on improving the educational outcomes of underserved youth through evidence-based innovation.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	17	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$32,616,087	PYInvestmentIncomeAmt
CY Investment Income	$42,877,828	CYInvestmentIncomeAmt
PY Other Revenue	$3,682,754	PYOtherRevenueAmt
CY Other Revenue	$501,680	CYOtherRevenueAmt
PY Total Revenue	$36,298,841	PYTotalRevenueAmt
CY Total Revenue	$43,379,508	CYTotalRevenueAmt
PY Grants And Similar Paid	$37,598,547	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$37,162,021	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$2,083,033	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$2,583,377	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,740,406	PYOtherExpensesAmt
CY Other Expenses	$2,588,373	CYOtherExpensesAmt
PY Total Expenses	$41,421,986	PYTotalExpensesAmt
CY Total Expenses	$42,333,771	CYTotalExpensesAmt
PY Revenues Less Expenses	-$5,123,145	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,045,737	CYRevenuesLessExpensesAmt
Total Assets BOY	$733,045,279	TotalAssetsBOYAmt
Total Assets EOY	$718,792,503	TotalAssetsEOYAmt
Total Liabilities BOY	$20,623,096	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$26,518,600	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$712,422,183	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$692,273,903	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	To inspire and to facilitate improvements that affect educational outcomes, especially among underserved populations, through evidence-based innovation.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$16,658,592	ExpenseAmt
Grant	$16,658,592	GrantAmt
Revenue	$0	RevenueAmt
Desc	College Success. The Foundation supports two focus areas: College Success and Career Readiness; and uses a spectrum of funding structures, including strategic grantmaking and program-related investments. In 2019 the Foundation made grants and investments to 290 organizations (including 175 new grantees) in 33 states. The College Success focus area seeks to increase persistence and graduation rates of students who face systemic challenges in earning a bachelor's degree. These students include, but are not limited to, first-generation college students, students from low-income backgrounds and students of color. Understanding that many students begin their postsecondary pathways at community colleges, ECMC Foundation actively engages in opportunities to invest in transfer success.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$16,499,240	ExpenseAmt
Grant	$16,499,240	GrantAmt
Revenue	$0	RevenueAmt
Desc	Career Readiness. The Foundation supports two focus areas: College Success and Career Readiness; and uses a spectrum of funding structures, including strategic grantmaking and program-related investments. In 2019 the Foundation made grants and investments to 290 organizations (including 175 new grantees) in 33 states. The Career Readiness focus area is committed to improving postsecondary career and technical education (CTE) outcomes for students from underserved backgrounds. Grants made as part of the Career Readiness focus area typically fund intermediaries, institutions or organizations that are supporting, implementing, researching or evaluating credit-bearing postsecondary pathways for adult learners that lead to academic credentials and provide a pathway to careers paying family-sustaining wages.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$720,000	ExpenseAmt
Grant	$370,000	GrantAmt
Revenue	$0	RevenueAmt
Desc	Education Innovation Ventures. The Foundation supports two focus areas: College Success and Career Readiness; and uses a spectrum of funding structures, including strategic grantmaking and program-related investments. In 2019 the Foundation made grants and investments to 290 organizations (including 175 new grantees) in 33 states. ECMC Foundation's Education Innovation Ventures (EIV) program makes below-market-rate investments into nonprofit and for-profit ventures that seek to generate both social impact and financial returns. Complementing ECMC Foundation's strategic grantmaking, the EIV program uses a full spectrum of program-related investments-including debt and equity instruments-to improve educational outcomes and economic mobility among learners from underserved backgrounds. Financial returns are reinvested into additional program-related investments, allowing ECMC Foundation to recycle investment dollars and generate further positive impact on learners' lives.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)

ExpenseExpenseAmt	GrantGrantAmt	RevenueRevenueAmt	DescDesc
$4,527,699	$2,634,189	$500,000	Other programs. Miscellaneous programs and activities for the furtherance of educational opportunities through grants, awards and research on the management of educational debt.
$1,000,000	$1,000,000	$0	GO! Program. ECMC Foundation awards grants to the Generating Outcomes (GO!) Program, a corporate initiative to fund education innovation by funding ideas and partnerships that can be examined for effectiveness in the local communities of the ECMC Group, Inc. employees. To qualify for payment of a GO! Program grant, the awarded recipient must be a third-party nonprofit entity or a governmental partner, such as public schools, and expend the grant award for the purpose designated in the recipient's grant proposal. In 2019, ECMC Foundation awarded 76 grants ranging from $5,000 to $25,000 to recipients under the GO! Program.
$0	$0	$0	Teacher and Leader Development. In December 2017, ECMC Foundation made the decision to close out the Teacher and Leader Development program. This program was created to invest in teacher and leader development focused on complex intellectual student work and initiatives that build the diversity pipelines into the teaching and school leader professions. Grants previously awarded by ECMC Foundation under the Teacher and Leader development program will continue to be issued through January 2020. Starting 2018, ECMC Foundation directed funding into their three remaining focus areas; College Success, Career Readiness and Education Innovation Ventures.

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$5,527,699	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$3,634,189	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$500,000	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$39,405,531	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	20	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	17	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (true)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Martin A Scanlon	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6512210566	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	111 Washington Ave So Ste 1400	AddressLine1Txt
City	Minneapolis	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55401	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Peter J Taylor
President & Director, ECMC Foundation	40.0	0.0	Yes (X)	Yes (X)	$738,224	$0	$126,935
Diana J Ingram
Director not paid by Foundation	1.0	9.0	Yes (X)		$0	$122,774	$0
Jack O'Connell
Director not paid by Foundation	2.0	8.0	Yes (X)		$0	$126,524	$0
James V McKeon
Director not paid by Foundation	2.0	13.0	Yes (X)		$0	$167,774	$0
Jeremy J Wheaton
President & CEO, ECMC Group, Inc.	0.0	40.0	Yes (X)		$0	$1,070,579	$109,874
John F DePodesta
Board Chair not paid by Foundation	2.0	15.0	Yes (X)		$0	$180,274	$0
Julia S Gouw
Director not paid by Foundation	1.0	6.0	Yes (X)		$0	$125,274	$0
K Paul Singh
Director not paid by Foundation	1.0	10.0	Yes (X)		$0	$127,774	$0
Maurice M Salter
Director not paid by Foundation	1.0	10.0	Yes (X)		$0	$140,274	$0
Daniel S Fisher
General Counsel/Corp Secretary not paid by Foundation	0.0	40.0		Yes (X)	$0	$617,831	$88,346
Lynn Alvarez
VP, Foundation Programs and Strategy	40.0	0		Yes (X)	$126,667	$0	$18,641
Martin A Scanlon
CFO & Treasurer not paid by Foundation	0.0	40.0		Yes (X)	$0	$578,981	$80,453
Alissa Santoro
Office Manager & Executive Assistant	40.0	0			$113,625	$0	$22,338	Yes (X)
Jennifer E Zeisler
Sr Dir, Program Management	40.0	0			$159,055	$0	$28,588	Yes (X)
Jessica E Haselton
Dir, Program-Related Investments	40.0	0			$134,557	$0	$41,125	Yes (X)
Sarah Belnick
Sr Dir, Program Management	40.0	0			$129,611	$0	$25,583	Yes (X)
Gregory A Van Guilder
Former CFO not paid by Foundation, current CIO, ECMC Group, Inc.	0.0	40.0			$0	$1,008,187	$92,268		Yes (X)
I King Jordan
Former Director not paid by Foundation	0.0	0.0			$0	$30,274	$0		Yes (X)
Richard J Boyle
Former Director/CEO/President not paid by Foundation	0.0	0.0			$0	$16,362	$0		Yes (X)
Roberta Cooper Ramo
Former Director not paid by Foundation	0.0	0.0			$0	$75,274	$0		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,401,739	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$4,388,156	TotReportableCompRltdOrgAmt
Total Other Compensation	$634,151	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	6	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	Address Line2ContractorAddress/USAddress/AddressLine2Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
Chloe Capital SPV Manager LLC
119 S Cayuga St	Ste 202	Ithaca	NY	14850	Consulting Services	$319,500
The Fairmont Washington DC
2401 M St NW		Washington	DC	20037	Professional Services	$124,192
NORC at the University of Chicago
55 East Monroe St	Ste 2000	Chicago	IL	60603	Consulting	$120,412
Entangled Solutions LLC
2 Shaw Alley	Fl 2	San Francisco	CA	94105	Consulting Services	$105,527

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	4	CntrctRcvdGreaterThan100KCnt
Total Contributions	$0	TotalContributionsAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$0	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$377,828	TotalRevenueColumnAmt
Exclusion	$377,828	ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$42,500,000	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$0	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$42,500,000	SecuritiesAmt
Other	$0	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$42,500,000	TotalRevenueColumnAmt
Exclusion	$42,500,000	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	ExclusionExclusionAmt
A grant awarded in a prior year and partially cancelled in 2019	813211	$500,000	$500,000
Intercompany Servicing Revenue	900099	$1,680		$1,680

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$501,680	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$43,379,508	TotalRevenueColumnAmt
Related Or Exempt Func Income	$500,000	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$42,879,508	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$37,162,021	TotalAmt
Program Services	$37,162,021	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,010,467	TotalAmt
Management And General	$1,010,467	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,263,548	TotalAmt
Program Services	$1,154,327	ProgramServicesAmt
Management And General	$109,221	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$56,281	TotalAmt
Program Services	$51,416	ProgramServicesAmt
Management And General	$4,865	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$125,509	TotalAmt
Program Services	$114,660	ProgramServicesAmt
Management And General	$10,849	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$127,572	TotalAmt
Program Services	$116,545	ProgramServicesAmt
Management And General	$11,027	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$45,635	TotalAmt
Management And General	$45,635	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$48,775	TotalAmt
Management And General	$48,775	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$292,693	TotalAmt
Management And General	$292,693	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$906,160	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$906,160	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$93,591	TotalAmt
Program Services	$76,124	ProgramServicesAmt
Management And General	$17,467	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$10,800	TotalAmt
Management And General	$10,800	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$204,949	TotalAmt
Program Services	$166,604	ProgramServicesAmt
Management And General	$38,345	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$303,556	TotalAmt
Management And General	$303,556	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$570,599	TotalAmt
Program Services	$495,832	ProgramServicesAmt
Management And General	$74,767	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$83,653	TotalAmt
Program Services	$68,002	ProgramServicesAmt
Management And General	$15,651	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$27,458	TotalAmt
Management And General	$27,458	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Desc	Miscellaneous Expense	Desc
Total	$504	TotalAmt
Management And General	$504	ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$42,333,771	TotalAmt
Program Services	$39,405,531	ProgramServicesAmt
Management And General	$2,928,240	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$19,271,649	BOYAmt
EOY	$23,709,235	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
EOY	$72,831	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$510,229	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$225,362	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$104,044	BOYAmt
EOY	$284,867	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$713,069,586	BOYAmt
EOY	$691,875,570	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$600,000	BOYAmt
EOY	$2,850,000	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$733,045,279	BOYAmt
EOY	$718,792,503	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$425,426	BOYAmt
EOY	$664,075	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$20,087,961	BOYAmt
EOY	$25,452,329	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$109,709	BOYAmt
EOY	$402,196	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$20,623,096	BOYAmt
EOY	$26,518,600	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$712,422,183	BOYAmt
EOY	$692,273,903	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$712,422,183	BOYAmt
EOY	$692,273,903	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$733,045,279	BOYAmt
EOY	$718,792,503	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$1,045,737	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$21,194,017	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consol And Sep Basis Fincl Stmt	Yes (X)	ConsolAndSepBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Supporting Organization509a3	Yes (X)	SupportingOrganization509a3Ind
Supporting Org Type2	Yes (X)	SupportingOrgType2Ind
Supported Organizations	2	SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (2 entries)

EINEIN	Organization TypeOrganizationTypeCd	Governing Document ListedGoverningDocumentListedInd	SupportSupportAmt	Other SupportOtherSupportAmt
Educational Credit Management Corporation
411778617	9	Yes (true)	$37,333,771	$0
ECMC Education Inc (formerly Zenith Education Group Inc)
472237488	2	Yes (true)	$5,000,000	$0

Field	Value	IRS element (for citing)
Supported Organizations Total	2	SupportedOrganizationsTotalCnt
Support Sum	$42,333,771	SupportSumAmt
Other Support Sum	$0	OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

Field	Value	IRS element (for citing)
Listed By Name Governing Doc	Yes (true)	ListedByNameGoverningDocInd
Suprt Org No IRS Determination	false	SuprtOrgNoIRSDeterminationInd
Supported Org Section C456	false	SupportedOrgSectionC456Ind
Supported Org Not Organized US	false	SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org	false	OrganizationChangeSuprtOrgInd
Support Non Supported Org	false	SupportNonSupportedOrgInd
Payment Substantial Contribtr	false	PaymentSubstantialContribtrInd
Loan Disqualified Person	false	LoanDisqualifiedPersonInd
Controlled Disqualified Prsn	false	ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int	false	DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int	false	DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules	false	ExcessBusinessHoldingsRulesInd
Contribution Controller	false	ContributionControllerInd
Contribution Family	false	ContributionFamilyInd
Contribution35 Controlled	false	Contribution35ControlledInd

Field	Value	IRS element (for citing)
Majority Dir Trst Supported Org	Yes (true)	MajorityDirTrstSupportedOrgInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$417,350	OtherCostOrOtherBasisAmt
Depreciation	$223,814	DepreciationAmt
Book Value	$193,536	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$92,879	OtherCostOrOtherBasisAmt
Depreciation	$1,548	DepreciationAmt
Book Value	$91,331	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$284,867	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	Investment in ECMC Group, Inc. Apportioned Investment Pool	Desc
Book Value	$691,875,570	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$691,875,570	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
Due To ECMC Group, Inc.	$362,568
Due To Educational Credit Management Corporation	$213
Due to ECMC Shared Services Company, LLC	$33,575
Due to ECMC Education, Inc. (formerly Zenith Education Group, Inc.)	$5,840
Lease Liabilities

Field	Value	IRS element (for citing)
Total Liability	$402,196	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$21,394,000	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$21,194,017	NetUnrealizedGainsInvstAmt
Other Revenue	$1,202	OtherRevenueAmt
Revenue Not Reported	-$21,192,815	RevenueNotReportedAmt
Revenue Subtotal	$42,586,815	RevenueSubtotalAmt
Other Revenues Not Included	$792,693	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$792,693	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$43,379,508	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$41,543,000	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$1,922	OtherExpensesIncludedAmt
Expenses Not Reported	$1,922	ExpensesNotReportedAmt
Expenses Subtotal	$41,541,078	ExpensesSubtotalAmt
Other Expenses Not Included	$792,693	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$792,693	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$42,333,771	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule D, Part XI, Line 2(a) Net unrealized loss on investments	Net unrealized loss on investment in the ECMC Group, Inc. apportioned investment pool are $21,194,017.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote	The FIN 48 (ASC 470) disclosure in the ECMC Foundation financial statements reads as follows: "The Internal Revenue Service has determined that ECMC Foundation is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. ECMC Foundation is also exempt from state income tax. However, any unrelated business income may be subject to taxation. ECMC Foundation follows the accounting standards in evaluating uncertain tax positions. This guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. No liability has been recognized by ECMC Foundation for uncertain tax positions as of December 31, 2019 or 2018. ECMC Foundation's tax returns are subject to review and examination by federal and state authorities."
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990	Rounding Adjustment Because Dollars Are Reported in Thousands on the Audited Financial Statements - 1202
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements	Investment Management Fee - 292693 A grant awarded in a prior year and partially cancelled in 2019. The award was correctly recorded in the prior year on ECMC Foundation's books. - 500000
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990	Rounding Adjustment Because Dollars Are Reported in Thousands on the Audited Financial Statements - 1922
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements	Investment Management Fee - 292693 A grant awarded in a prior year and partially cancelled in 2019. The award was correctly recorded in the prior year on ECMC Foundation's books. - 500000

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (163 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt	Address Line2USAddress/AddressLine2Txt
ECMC Education Inc (formerly Zenith Education Group Inc)
111 Washington Ave So	Minneapolis	MN	55401	472237488	501(C)(3)	$5,000,000	Mission & Career Readiness
Educational Credit Management Corporation
111 Washington Ave So	Minneapolis	MN	55401	411778617	501(C)(3)	$2,256,993	College Success
ECMC Group Inc
111 Washington Ave So	Minneapolis	MN	55401	411991995	501(C)(3)	$50,000	Education Innovation Ventures
Achieving the Dream
8484 Georgia Ave	Silver Spring	MD	20910	271635830	501(C)(3)	$510,000	Career Readiness & Special Opportunities
Active Minds
2001 S St NW	Washington	DC	20009	200587172	501(C)(3)	$10,000	General Support
Adopt-A-Classroom Inc
401 Second Ave N	Minneapolis	MN	55401	650828272	501(C)(3)	$10,000	General Support
African American Male Education Network Development Organization
PO Box 151	Elk Grove	CA	95759	711037144	501(C)(3)	$15,000	Program Support
All-In Milwaukee
135 W Wells St	Milwaukee	WI	53203	832541054	501(C)(3)	$250,000	Special Opportunities
Alpha House of Tampa Inc
201 S Tampania Ave	Tampa	FL	33609	592655523	501(C)(3)	$15,000	General Support
America Achieves
100 W 33rd St	New York	NY	10001	273238471	501(C)(3)	$675,000	Career Readiness
American Council on Education
One DuPont Cir NW	Washington	DC	20036	530196573	501(C)(3)	$25,000	General Support
Arizona State University
Fulton Center 410	Tempe	AZ	85287	860196696	School	$500,000	College Success	300 E University Dr
Arkansas Community Colleges
721 W 2nd St	Little Rock	AR	72201	710795889	501(C)(3)	$601,000	College Success
Asia Society
725 Park Ave	New York	NY	10021	133234632	501(C)(3)	$74,980	Career Readiness
Association of Community College Trustees
1101 17th St NW	Washington	DC	20036	526120210	501(C)(3)	$115,000	Career Readiness & Special Opportunities
Auburn University Foundation
317 South College St	Auburn University	AL	36849	636022422	501(C)(3)	$526,081	College Success
BestPrep
7100 Northland Cir N	Minneapolis	MN	55428	411265355	501(C)(3)	$15,000	General Support
Beyond12
2101 Webster St	Oakland	CA	94612	271275246	501(C)(3)	$15,000	College Success
Big Brothers Big Sisters of Greater Los Angeles
3150 N San Fernando Rd	Los Angeles	CA	90065	951904857	501(C)(3)	$499,576	College Success
Bipartisan Policy Center
1225 Eye St NW	Washington	DC	20005	731628382	501(C)(3)	$25,000	Program Support
Brooke School Foundation Inc
190 Cummins Highway	Roslindale	MA	02131	300015324	501(C)(3)	$15,000	General Support
California Community Foundation
221 S Figueroa St	Los Angeles	CA	90012	953510055	501(C)(3)	$45,000	Program Support & Special Opportunities
California State University Long Beach Research Foundation
6300 E State University Dr	Long Beach	CA	90815	956106694	501(C)(3)	$541,244	College Success
Camp Odayin
3503 High Point Dr N	Oakdale	MN	55128	412014358	501(C)(3)	$25,000	General Support
Capital IDEA Houston
2101 Crawford St	Houston	TX	77002	472462360	501(C)(3)	$150,000	Career Readiness
Career Gear Houston
7500 Bellaire Blvd	Houston	TX	77036	200383035	501(C)(3)	$15,000	General Support
Center for Law and Social Policy
1200 18th St NW	Washington	DC	20036	237000150	501(C)(3)	$125,000	Career Readiness
Centreville Layton School
6201 Kennett Pike	Centreville	DE	19807	510232858	501(C)(3)	$10,000	Program Support
Charles Drew University of Medicine and Science
1731 East 120th St	Los Angeles	CA	90059	956151774	501(C)(3)	$10,000	General Support
Children's Choice for Hearing and Talking Sacramento
11100 Coloma Rd	Rancho Cordova	CA	95670	461362294	501(C)(3)	$25,000	General Support
City Year
2331 Alhambra Blvd	Sacramento	CA	95817	222882549	501(C)(3)	$25,000	General Support
Claremont Graduate University
150 E 10th St	Claremont	CA	91711	951664100	501(C)(3)	$300,000	College Success
College Access Plan
871 E Washington Blvd	Pasadena	CA	91104	208371402	501(C)(3)	$10,000	General Support
College Forward
505 E Huntland Dr	Austin	TX	78752	432003552	501(C)(3)	$900,000	College Success
College Innovation Project LLC
1101 Lincoln Blvd	Santa Monica	CA	90403	815268169		$150,000	College Success
College Success Foundation
15500 SE 30th Place	Bellevue	WA	98007	912036088	501(C)(3)	$400,125	College Success
Colorado Nonprofit Development Center
789 Sherman St	Denver	CO	80203	841493585	501(C)(3)	$75,000	Career Readiness
Communities In Schools National Office
2345 Crystal Dr	Arlington	VA	22202	581289174	501(C)(3)	$150,000	College Success
Community Partners
1000 North Alameda St	Los Angeles	CA	90012	954302067	501(C)(3)	$334,808	Career Readiness & General Support
Coro Southern California
1000 N Alameda St	Los Angeles	CA	90012	954274561	501(C)(3)	$25,400	General Support
Covenant House Texas
1111 Lovett Blvd	Houston	TX	77006	760050882	501(C)(3)	$15,000	General Support
Credit Abuse Resistance Education
66 Canal Center Plaza	Alexandria	VA	22314	810788458	501(C)(3)	$25,000	General Support
DeLaSalle High School
1 DeLaSalle Dr	Minneapolis	MN	55401	410705834	501(C)(3)	$10,000	General Support
Downtown Women's Center
442 South San Pedro St	Los Angeles	CA	90013	311597223	501(C)(3)	$25,000	General Support
Driving Force Group Inc
11140 Rockbille Pike	Rockville	MD	20852	454641567	501(C)(3)	$25,000	General Support
Eagleforce Robotics
9531 Bond Rd	Elk Grove	CA	95624	208381135	501(C)(3)	$25,000	General Support
East Side Neighborhood Services
1700 2nd St NE	Minneapolis	MN	55413	410873798	501(C)(3)	$25,000	General Support
EdSource
436 14th St	Oakland	CA	94612	942434900	501(C)(3)	$50,000	General Support
Education Finance Institute
601 Lexington Ave	New York	NY	10022	831400442	501(C)(3)	$75,000	General Support
Education Strategy Group
4716 Drummond Ave	Chevy Chase	MD	20815	611620831		$291,280	Career Readiness
EquipHer Inc
17401 Commerce Park Blvd	Tampa	FL	33647	831072707	501(C)(3)	$15,000	General Support
Folds of Honor
372 Ferndale Rd So	Wayzata	MN	55391	465531485	501(C)(3)	$25,000	General Support
Food & Friends Inc
219 Riggs Rd NE	Washington	DC	20011	521648941	501(C)(3)	$10,000	General Support
Foundation for the Los Angeles Community Colleges
770 Wilshire Blvd	Los Angeles	CA	90017	952587353	501(C)(3)	$10,000	General Support
Four Paws to Freedom
2376 Zinfandel Dr	Rancho Cordova	CA	95670	471318087	501(C)(3)	$25,000	General Support
Georgia Partnership for Excellence in Education Inc
270 Peachtree St NW	Atlanta	GA	30303	581974586	501(C)(3)	$306,900	College Success
GradGuru
1188 Arch St	Berkeley	CA	94708	454898226	501(C)(3)	$50,000	College Success
Grand Rapids Community College Foundation
142 Bostwick Ave	Grand Rapids	MI	49503	386100380	501(C)(3)	$442,208	College Success
Green Dot Public Schools
1149 South Hill St	Los Angeles	CA	90015	954679811	501(C)(3)	$15,000	General Support
Growth Public Schools
9320 Tech Center Dr	Sacramento	CA	95826	474456355	501(C)(3)	$25,000	General Support
H2O for Life
1310 Highway 96E	White Bear Lake	MN	55110	260338552	501(C)(3)	$25,000	General Support
Healing Women of Atlanta Inc
943 Sundew Dr SE	CONYERS	GA	30013	462626164	501(C)(3)	$15,000	General Support
Hooked on Fishing Not on Violence Foundation
2245 Florin Rd	Sacramento	CA	95822	814448442	501(C)(3)	$25,000	General Support
Hopewell Music Cooperative North
4350 Fremont Ave N	MINNEAPOLIS	MN	55412	460547282	501(C)(3)	$25,000	General Support
Hostos Community College of the City University of New York
500 Grand Concourse	Bronx	NY	10451	134115114	501(C)(3)	$10,000	General Support
iCivics
1035 Cambridge St	Cambridge	MA	02141	383796793	501(C)(3)	$25,000	General Support
Impact Teen Drivers Fund
2210 21st St	Sacramento	CA	95818	260595165	501(C)(3)	$10,000	General Support
Indiana University Foundation
1500 State Rd 46	Bloomington	IN	47408	356018940	501(C)(3)	$20,000	General Support
Ithaka Harbors Inc
101 Greenwich St	New York	NY	10006	133857105	501(C)(3)	$203,995	College Success
Jeremiah Program
615 1st Ave NE	Minneapolis	MN	55413	411801834	501(C)(3)	$45,000	General Support
John Burton Advocates for Youth
235 Montgomery St	San Francisco	CA	94104	812600695	501(C)(3)	$525,000	College Success
John N Gardner Institute for Excellence in Undergraduate Education
123 East Main St	Brevard	NC	28712	260166817	501(C)(3)	$650,000	College Success
Jordan Public Schools
500 Sunset Dr	Jordan	MN	55352	416003790	School	$10,000	General Support
Junior Achievement of Sacramento
3800 Watt Ave	Sacramento	CA	95821	946080866	501(C)(3)	$10,000	General Support
Junior Achievement of the Upper Midwest Inc
1800 White Bear Ave N	Maplewood	MN	55109	411424988	501(C)(3)	$15,000	General Support & Special Opportunities
KIPP Minnesota
5034 North Oliver Ave	Minneapolis	MN	55430	208877750	501(C)(3)	$10,000	General Support
LIFT
999 North Capitol St NE	Washington	DC	20002	522168409	501(C)(3)	$150,000	Career Readiness
LOLA-Helping Women In Need
2283 Venture Dr	LITHIA SPRINGS	GA	30122	821166071	501(C)(3)	$15,000	General Support
Los Angeles City College Foundation
855 N Vermont Ave	Los Angeles	CA	90029	956207819	501(C)(3)	$25,000	General Support
Los Angeles Trade-Technical College Foundation
400 W Washington Blvd	Los Angeles	CA	90015	953813527	501(C)(3)	$20,000	General Support
Mary's Center
2333 Ontario Rd NW	Washington	DC	20009	521594116	501(C)(3)	$10,000	General Support
MDRC
200 Vesey St	New York	NY	10281	237379473	501(C)(3)	$25,000	Career Readiness
Minds Matter Twin Cities
4912 Washburn Ave S	Minneapolis	MN	55410	455415388	501(C)(3)	$25,000	General Support
Minnesota Colorectal Cancer Research Foundation
2294 Stanford Ct	St Paul	MN	55105	811144354	501(C)(3)	$10,000	General Support
Mn Adult & Teen Challenge
740 E 24th St	Minneapolis	MN	55404	411517351	501(C)(3)	$25,000	General Support
NAMI Minnesota (National Alliance on Mental Illness)
1919 University Ave W	Minneapolis	MN	55104	411317030	501(C)(3)	$25,000	General Support
National Association of Counties Research Foundation
660 N Capitol St NW	Washington	DC	20001	530241255	501(C)(3)	$150,000	Career Readiness
New America
740 15th St NW	Washington	DC	20005	522096845	501(C)(3)	$120,000	Career Readiness
New York University Marron Institute
60 Fifth Ave	New York	NY	10011	135562308	501(C)(3)	$301,000	College Success
Northern New Mexico College Foundation
921 N Paseo De Onate	Espaola	NM	87532	856000545	501(C)(3)	$750,000	Career Readiness
Northern Voices
1660 County Rd B West	Roseville	MN	55113	411930941	501(C)(3)	$25,000	General Support
Notre Dame High School of West Haven Inc
One Notre Dame Way	West Haven	CT	06516	060646748	501(C)(3)	$25,000	General Support
One Million Degrees
180 N Wabash	Chicago	IL	60601	421710230	501(C)(3)	$15,000	College Success
Operation Restoration
2321 Thalia St	New Orleans	LA	70113	611791941	501(C)(3)	$65,000	Career Readiness
Page Education Foundation
901 N 3rd St	Minneapolis	MN	55401	363605013	501(C)(3)	$50,000	General Support & Special Opportunities
Partnership for College Completion
332 S Michigan Ave	Chicago	IL	60604	813500697	501(C)(3)	$506,600	College Success
Patient Care Foundation of Los Angeles County
1055 West 7th St	Los Angeles	CA	90017	262974477	501(C)(3)	$10,000	General Support
People Incorporated
2060 Centre Pointe Blvd	St Paul	MN	55120	410962296	501(C)(3)	$25,000	General Support
People Serving People
614 Third St So	Minneapolis	MN	55415	411965067	501(C)(3)	$25,000	General Support
Plaza Community Services
648 S Indiana St	Los Angeles	CA	90023	951691302	501(C)(3)	$25,000	General Support
Posse Foundation
515 South Figueroa St	Los Angeles	CA	90071	133840394	501(C)(3)	$12,701	General Support
Presidents and Fellows of Harvard College
Office for Sponsored Programs	Cambridge	MA	02138	042103580	501(C)(3)	$1,849,920	College Success/Leadership Collaborative
Public Policy Institute of California
500 Washington St	San Francisco	CA	94111	943207299	501(C)(3)	$103,000	College Success & Program Support
RAND Corporation
1776 Main St	Santa Monica	CA	90401	951958142	501(C)(3)	$209,401	College Success
REMERGE
340 Auburn Ave NE	Atlanta	GA	30312	582509965	501(C)(3)	$15,000	General Support
Research Foundation of the City University of New York
230 West 41st St	New York	NY	10036	131988190	501(C)(3)	$1,137,214	Career Readiness & College Success
Roadtrip Nation Ltd
1626 Placentia Ave	Costa Mesa	CA	92627	263889207	501(C)(3)	$1,015,000	Career Readiness & College Success
Ronald McDonald House Charities Upper Midwest
818 Fulton St SE	Minneapolis	MN	55414	411313107	501(C)(3)	$25,000	General Support
Sacramento Loaves & Fishes
1351 North C St	Sacramento	CA	95811	680189897	501(C)(3)	$25,000	General Support
San Francisco Unified School District
135 Van Ness Ave	San Francisco	CA	94102	946000416	501(C)(3)	$10,000	General Support
Sanford School
6900 Lancaster Pike	Hockessin	DE	19707	510064331	501(C)(3)	$10,000	General Support
School on Wheels Inc
3150 N San Fernando Rd	Los Angeles	CA	90065	954422640	501(C)(3)	$15,000	General Support
Scripps College
1030 Columbia Ave	Claremont	CA	91711	951664123	501(C)(3)	$119,350	Special Opportunities
Seattle Jobs Initiative
1200 12th Ave So	Seattle	WA	98144	470900181	501(C)(3)	$750,000	Career Readiness
Sierra Forever Families
8928 Volunteer Ln	Sacramento	CA	95826	680002878	501(C)(3)	$25,000	General Support
Sinclair Community College
444 West Third St	Dayton	OH	45402	310723444	501(C)(3)	$480,892	Career Readiness
Single Mom Strong
7525 Auburn Blvd	Citrus Heights	CA	95610	810917372	501(C)(3)	$25,000	General Support
Society for the Blind
1238 S St	Sacramento	CA	95811	941384666	501(C)(3)	$25,000	General Support
Southern California Association of Nonprofit Housing
340 E 2nd St	Los Angeles	CA	90012	954019655	501(C)(3)	$36,000	General Support
Southern California Grantmakers
1000 North Alameda St	Los Angeles	CA	90012	952831058	501(C)(3)	$25,000	General Support
St Catherine University
2004 Randolph Ave	St Paul	MN	55105	410695509	501(C)(3)	$10,000	Program Support
St Croix Preparatory Academy
4260 Stagecoach Trail North	Stillwater	MN	55082	900103622	501(C)(3)	$10,000	General Support
St Olaf College
1520 St Olaf Ave	Northfield	MN	55057	410693979	501(C)(3)	$10,000	General Support
State Higher Education Executive Officers Association
3035 Center Green Drive	Boulder	CO	80301	237167258	501(C)(3)	$766,833	College Success
Stella and Charles Guttman Community College
50 W 40th St	New York	NY	10018	461371336	501(C)(3)	$10,000	General Support
Summit Academy OIC
935 Olson Memorial Highway	Minneapolis	MN	55405	410908458	501(C)(3)	$35,000	General Support & Special Opportunities
Supporting The Taylor House Inc
PO Box 853	Roseville	CA	95678	460748514	501(C)(3)	$25,000	General Support
Tacoma Housing Development Group
902 South L St	Tacoma	WA	98405	810557198	501(C)(3)	$10,000	General Support
Teacher's College Columbia University
525 West 120th St	New York NY	NY	10027	131624202	501(C)(3)	$100,000	General Support	Box 21
Team Sacramento Judo
3079 Kilgore Rd	Rancho Cordova	CA	95670	010710812	501(C)(3)	$25,000	General Support
Tennessee Higher Education Commission
404 James Robertson Pkwy	Nashville	TN	37219	626001445	501(C)(3)	$647,666	Career Readiness
The Campaign for College Opportunity
1149 S Hill St	Los Angeles	CA	90015	200427622	501(C)(3)	$510,000	College Success & Special Opportunities
The Center to Advance CTE
8484 Georgia Ave	Silver Spring	MD	20910	731086246	501(C)(3)	$750,000	Career Readiness
The College Crusade of Rhode Island
134 Thurbers Ave	Providence	RI	02905	223031765	501(C)(3)	$555,000	College Success
The Community Foundation for Northern Virginia
2940 Hunter Mill Rd	Oakton	VA	22124	510232459	501(C)(3)	$30,000	General Support
The Forge For Families
3435 Dixie Dr	Houston	TX	77021	760485959	501(C)(3)	$15,000	General Support
The Foundation for Maines Community Colleges
54 Lighthouse Cir	South Portland	ME	04106	271363414	501(C)(3)	$74,700	Career Readiness
The Learning Centers at Fairplex
1101 W McKinley Ave	Pomona	CA	91768	954686764	501(C)(3)	$50,000	General Support
The Lift Community Development Corporation
1740 Van Dyke St	St Paul	MN	55109	204130979	501(C)(3)	$25,000	General Support
The Melting Pot Foundation
69 Belmont Ave	Brooklyn	NY	11212	473901620	501(C)(3)	$20,000	Program Support
The Tennessee Higher Education Initiative
1006 Shelby Ave	Nashville	TN	37206	454531767	501(C)(3)	$125,000	Career Readiness
The University of Texas Foundation
PO Box 250	Austin	TX	78767	741587488	501(C)(3)	$135,228	College Success
The University of Toledo Foundation
4510 Dorr St	Toledo	OH	43615	346555110	501(C)(3)	$400,000	Special Opportunities
Totino-Grace High School
1350 Gardena Ave NE	Fridley	MN	55432	416049228	501(C)(3)	$25,000	General Support
uAspire
31 Milk St	Boston	MA	02109	461314848	501(C)(3)	$540,000	College Success
UCLA Foundation
10920 Wilshire Blvd	Los Angeles	CA	90024	952250801	501(C)(3)	$135,000	General Support
United Way of Central New Mexico
2340 Alamo Ave SE	Albuquerque	NM	87106	850277138	501(C)(3)	$15,000	General Support
United Way of King County
720 Second Ave	Seattle	WA	98104	910565555	501(C)(3)	$525,000	College Success
University at Buffalo
Sponsored Project Services	Buffalo	NY	14228	141368361	501(C)(3)	$10,000	General Support	The UB Commons
University of Hawaii Foundation
1314 S King St	Honolulu	HI	96814	990085260	501(C)(3)	$418,334	College Success
University of Southern California
1150 S Olive St	Los Angeles	CA	90015	951642394	501(C)(3)	$10,000	General Support
University of Southern California
Rossier School of Education	Los Angeles	CA	90089	951642394	501(C)(3)	$150,000	College Success	3470 Trousdale Pkwy
University of Texas at San Antonio
One UTSA Cir	San Antonio	TX	78249	741717115	501(C)(3)	$313,762	College Success
Unusual Suspects
3719 Verdugo Rd	Los Angeles	CA	90065	954661312	501(C)(3)	$10,000	General Support
Venn Foundation
1127 Barclay St	Saint Paul	MN	55106	814476503	501(C)(3)	$320,000	Education Innovation Ventures
Virginia Commonwealth University Foundation
PO Box 842039	Richmond	VA	23284	540757884	501(C)(3)	$361,392	College Success
Virginia Foundation for Community College Education
300 Arboretum Pl	Richmond	VA	23236	237004354	501(C)(3)	$149,160	Career Readiness
Wausau School Foundation
415 Seymour St	Wausau	WI	54403	200287482	501(C)(3)	$10,000	General Support
Whittier College
13406 Philadelphia St	Whittier	CA	90601	951644048	501(C)(3)	$50,000	General Support
Williamson College of the Trades
106 S New Middletown Rd	Media	PA	19063	231352691	501(C)(3)	$75,000	General Support
Woodrow Wilson National Fellowship Foundation
5 Vaughn Dr	Princeton	NJ	08540	210703075	501(C)(3)	$2,050,314	Career Readiness/Leadership Collaborative
World Education Inc
44 Farnsworth St	Boston	MA	02210	131804349	501(C)(3)	$1,128,226	Career Readiness
YMCA of the Greater Twin Cities
1801 University Ave SE	Minneapolis	MN	55414	452563299	501(C)(3)	$10,000	General Support

Field	Value	IRS element (for citing)
Total501c3 Org	161	Total501c3OrgCnt
Total Other Org	2	TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.	FormAndLineReferenceDesc
Explanation	Helping low-income students pursue higher education is core to ECMC Foundation's mission. ECMC Foundation closely monitors the use of the cash grants to ECMC Education, Inc. (formerly Zenith Education Group, Inc.) through reports to management and the Board of Directors on a regular basis. The remaining grants and assistance to the organizations listed in Part II further ECMC Foundation's mission and program evaluations are part of all grant projects funded.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Idemnification Gross Up Pmts	Yes (X)	IdemnificationGrossUpPmtsInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (true)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	Yes (true)	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	Yes (true)	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Richard J Boyle
Former Director/CEO/President not paid by Foundation	$0	$0	$0	$0	$0	$16,362	$0	$0	$0	$0	$0	$16,362	$0	$16,362
Peter J Taylor
President & Director, ECMC Foundation	$373,218	$0	$80,000	$0	$285,006	$0	$118,011	$0	$8,924	$0	$865,159	$0	$254,247	$0
Roberta Cooper Ramo
Former Director not paid by Foundation	$0	$75,274	$0	$0	$0	$0	$0	$0	$0	$0	$0	$75,274	$0	$0
I King Jordan
Former Director not paid by Foundation	$0	$30,274	$0	$0	$0	$0	$0	$0	$0	$0	$0	$30,274	$0	$0
John F DePodesta
Board Chair not paid by Foundation	$0	$180,274	$0	$0	$0	$0	$0	$0	$0	$0	$0	$180,274	$0	$0
James V McKeon
Director not paid by Foundation	$0	$167,774	$0	$0	$0	$0	$0	$0	$0	$0	$0	$167,774	$0	$0
Jeremy J Wheaton
President & CEO, ECMC Group, Inc.	$0	$542,487	$0	$506,688	$0	$21,404	$0	$78,501	$0	$31,373	$0	$1,180,453	$0	$19,000
Gregory A Van Guilder
Former CFO not paid by Foundation, current CIO, ECMC Group, Inc.	$0	$635,036	$0	$350,000	$0	$23,151	$0	$76,050	$0	$16,218	$0	$1,100,455	$0	$19,000
Daniel S Fisher
General Counsel/Corp Secretary not paid by Foundation	$0	$331,229	$0	$265,000	$0	$21,602	$0	$53,377	$0	$34,969	$0	$706,177	$0	$16,850
Martin A Scanlon
CFO & Treasurer not paid by Foundation	$0	$357,958	$0	$200,000	$0	$21,023	$0	$49,600	$0	$30,853	$0	$659,434	$0	$9,076
Sarah Belnick
Sr Dir, Program Management	$129,310	$0	$0	$0	$301	$0	$15,699	$0	$9,884	$0	$155,194	$0	$0	$0
Jennifer E Zeisler
Sr Dir, Program Management	$152,763	$0	$0	$0	$6,292	$0	$18,510	$0	$10,078	$0	$187,643	$0	$0	$0
Jessica E Haselton
Dir, Program-Related Investments	$133,695	$0	$0	$0	$862	$0	$13,767	$0	$27,358	$0	$175,682	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule J, Part I, Line 1a Tax indemnification and gross-up payments	Certain taxable benefits are grossed up to make the employee whole. This has been approved by the board of directors.
Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation	As noted in Part VII of Form 990 and Schedule J, Part II, the only Executive Officer compensated by ECMC Foundation was the President, Peter J. Taylor. All other Executive Officers' compensation was paid by related organizations.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan	ECMC - ECMC Group, Inc. maintains a supplemental nonqualified retirement plan described in section 457(f), and a Supplemental Employee Retirement Plan (SERP), to attract and retain employees, typically in management positions. In 2019, Jeremy J. Wheaton, Gregory A. Van Guilder and Daniel S. Fisher participated in the 457(f) plan, and received employer contributions of $27,101, $22,950 and $277, respectively, and Peter J. Taylor participated in the SERP plan, and received an employer contribution of $72,411.
Schedule J, Part I, Line 5b Compensation contingent on revenues of a related organization	As noted in Part VII of Form 990 and Schedule J, Part II, the only executive officer compensated by ECMC Foundation was the President, Peter J. Taylor. All other executive officers' compensation was paid by related organizations. ECMC Group, Inc.'s annual officer incentive plan requires achievement of stated primary financial goals, which includes revenues, before any payment to any officer is made.
Schedule J, Part I, Line 6b Compensation contingent on net earnings of a related organization	As noted in Part VII of Form 990 and Schedule J, Part II, the only executive officer compensated by ECMC Foundation was the President, Peter J. Taylor. All other executive officers' compensation was paid by related organizations. ECMC Group, Inc.'s annual officer incentive plan requires achievement of stated performance metrics, which includes net earnings before any payment to any officer is made.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (15 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part III, Line 4d Description of other program services	(Expenses $ 4,527,699 including grants of $ 2,634,189)(Revenue $ 500,000) Other programs. Miscellaneous programs and activities for the furtherance of educational opportunities through grants, awards and research on the management of educational debt.
Form 990, Part III, Line 4d Description of other program services	(Expenses $ 1,000,000 including grants of $ 1,000,000)(Revenue $ 0) GO! Program. ECMC Foundation awards grants to the Generating Outcomes (GO!) Program, a corporate initiative to fund education innovation by funding ideas and partnerships that can be examined for effectiveness in the local communities of the ECMC Group, Inc. employees. To qualify for payment of a GO! Program grant, the awarded recipient must be a third-party nonprofit entity or a governmental partner, such as public schools, and expend the grant award for the purpose designated in the recipient's grant proposal. In 2019, ECMC Foundation awarded 76 grants ranging from $5,000 to $25,000 to recipients under the GO! Program.
Form 990, Part III, Line 4d Description of other program services	(Expenses $ 0 including grants of $ 0)(Revenue $ 0) Teacher and Leader Development. In December 2017, ECMC Foundation made the decision to close out the Teacher and Leader Development program. This program was created to invest in teacher and leader development focused on complex intellectual student work and initiatives that build the diversity pipelines into the teaching and school leader professions. Grants previously awarded by ECMC Foundation under the Teacher and Leader development program will continue to be issued through January 2020. Starting 2018, ECMC Foundation directed funding into their three remaining focus areas; College Success, Career Readiness and Education Innovation Ventures.
Form 990, Part VI, Line 13 Whistleblower Policy	ECMC Group, Inc. has a code of ethics and business conduct policy that is affirmed annually by all ECMC Group, Inc. and affiliated companies' officers and employees. While there is not a specific whistleblower policy, there is a provision incorporated into the code of ethics and business conduct policy that binds all employees that states there can be no retaliation against anyone acting in good faith when asking a question, reporting a concern or for participating in an investigation. ECMC Group, Inc. has established an anonymous telephone hotline and website administered by an outside vendor to report concerns. The hotline and website are available and accessible to ECMC Foundation directors, officers, employees and vendors.
Form 990, Part VI, Line 6 Classes of members or stockholders	ECMC Foundation has one member. The member is ECMC Group, Inc. a Delaware, non-stock, nonprofit corporation exempt under section 501(c)(3). There are no stockholders.
Form 990, Part VI, Line 7a Members or stockholders electing members of governing body	ECMC Group, Inc. has the right to elect and/or approve all the directors of the ECMC Foundation Board of Directors.
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders	ECMC Group, Inc., the sole member of ECMC Foundation, retains the following authority over ECMC Foundation: 1. To authorize amendments to the Articles of Incorporation and Bylaws. 2. To approve the strategic and financial plans. 3. To elect and/or approve the members of the Board of Directors. 4. To oversee coordination of programs and services offered. 5. To authorize formation, governance and dissolution.
Form 990, Part VI, Line 11b Review of form 990 by governing body	All members of the Board of Directors and executive management are provided a copy of Form 990 to review and provide comments prior to filing. All members of the Board of Directors and executive management are provided with a copy of the final version of Form 990 before it has been filed.
Form 990, Part VI, Line 12c Conflict of interest policy	Officers, directors and all employees are required to reaffirm on an annual basis their understanding of the company's Conflict of Interest Policy. The affirmation specifically references that the individual will comply with the directives of the Conflict of Interest Policy. Officers, Directors and key employees are also required to complete an annual Form 990 relationship disclosure document to identify any potential conflicts of interest. Finally, the company's vendor procurement process includes questions of business unit contract owners to determine if any conflicts of interest may exist. Monitoring and enforcement of the policy are accomplished through the policy reaffirmation process, affirmative disclosure requests and the policy requirement that all conflicts of interest be reported. In cases where a potential conflict exists at the officer and key employee levels, the issue is disclosed to the ECMC Group, Inc. CEO, General Counsel and/or Vice President, Deputy General Counsel. For potential or real conflicts involving Directors or officers, the disclosure is made to the Board Chair. The Director or officer will be required to excuse themselves from deliberation and voting on matters where they may have a conflict of interest.
Form 990, Part VI, Line 15a Process to establish compensation of top management official	As noted in Part VII of Form 990 and Schedule J, Part II, the only executive officer compensated by ECMC Foundation was the President, Peter J. Taylor. All other executive officers' compensation was paid by related organizations. The Governance & Compensation Committee of the ECMC Group, Inc. Board of Directors is wholly comprised of independent, outside directors. In 2019, the Committee retained executive compensation experts from Grant Thornton, a global compensation consulting organization, through Arnold & Porter LLP to identify appropriate CEO and senior executive compensation packages. Arnold & Porter LLP provided an opinion on the reasonableness of this compensation. The market analysis performed by Grant Thornton for Arnold & Porter LLP includes salary and incentive data from an appropriate peer group under IRS regulations and includes only nonprofit entities.
Form 990, Part VI, Line 15b Process to establish compensation of other employees	As noted in Part VII of Form 990 and Schedule J, Part II, the only executive officer compensated by ECMC Foundation was the President, Peter J. Taylor. All other executive officers' compensation was paid by related organizations. The Governance & Compensation Committee of the ECMC Group, Inc. Board of Directors is wholly comprised of independent, outside directors. In 2019, the Committee retained executive compensation experts from Grant Thornton, a global compensation consulting organization, through Arnold & Porter LLP to identify appropriate CEO and senior executive compensation packages. Arnold & Porter LLP provided an opinion on the reasonableness of this compensation. The market analysis performed by Grant Thornton for Arnold & Porter LLP includes salary and incentive data from an appropriate peer group under IRS regulations and includes only nonprofit entities.
Form 990, Part VI, Line 19 Required documents available to the public	The Form 990 is made available to the public on ECMC Foundation's website. No other documents are made available to the public.
Form 990, Part VII, Section A Directors' Compensation	ECMC Foundation Directors do not receive compensation for their service associated with ECMC Foundation, but do receive compensation for their service provided to related organizations---ECMC and ECMC Group, Inc. With the exception of the President, Peter J. Taylor, the executive officers of ECMC Foundation do not receive compensation for their service associated with ECMC Foundation, but do receive compensation for their service provided to related organizations---ECMC and ECMC Group, Inc. Roberta Cooper Ramo and I. King Jordan, former Directors, had consulting agreements in 2019.
Form 990, Part X, Line 12 Investments-Other Securities	Investments-other securities of $691,875,570 are held in the ECMC Group, Inc. Apportioned Investment Pool. Investments in ECMC Group, Inc. Apportioned Investment Pool represent an ownership interest in the investment pool managed by ECMC Group, Inc., not in the underlying assets themselves. The ownership interests in this pool are not themselves publicly traded, nor can they be valued based on direct or indirect inputs as defined by Financial Accounting Standards Board Accounting Standards Codification Topic 820. ECMC Foundation's investments consist of pooled funds invested with ECMC Group, Inc. that are generally redeemable upon request. The pooled investment is, under fair value hierarchy, a Level 2 investment. The investment strategy of ECMC Foundation is to diversify risk and provide a return that satisfies the short- and long-term objectives. The Apportioned Investment Pool has unfunded commitments of approximately $350,660,000 and $25,448,000 in alternative investments and in impact investments, respectively. ECMC Foundation has no unfunded commitments to the Apportioned Investment Pool at December 31, 2019.
Form 990, Part XI, Line 5 Net unrealized loss on investments	Net unrealized loss on investment in the ECMC Group, Inc. Apportioned Investment Pool are $21,194,017.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	Address Line2USAddress/AddressLine2Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Controlled OrganizationControlledOrganizationInd
Educational Credit Management Corporation
111 Washington Ave So	Ste 1400	Minneapolis	MN	55401	411778617	Guarantor	MN	501(c)(3)	10	ECMC Group Inc	false
ECMC Group Inc
111 Washington Ave So	Ste 1400	Minneapolis	MN	55401	411991995	Education Finance	DE	501(c)(3)	Type II	NA	false
ECMC Education Inc (formerly Zenith Education Group Inc)
111 Washington Ave So	Ste 1400	Minneapolis	MN	55401	472237488	Career Colleges	DE	501(c)(3)	2	ECMC Group Inc	false
ECMC Revenue Management Corporation
111 Washington Ave So	Ste 1400	Minneapolis	MN	55401	831761663	Student Loan Default Resolution	DE	501(c)(3)	10	Educational Credit Management Corporation	false
ECMC Services Inc
111 Washington Ave So	Ste 1400	Minneapolis	MN	55401	831763915	Student Loan Repayment Services	DE	501(c)(3)	10	Educational Credit Management Corporation	false

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (7 entries)

Address Line1USAddress/AddressLine1Txt	Address Line2USAddress/AddressLine2Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd
OAKDALE INVESTMENT MANAGEMENT CORPORATION
111 Washington Ave So	Ste 1400	Minneapolis	MN	55401	352085743	HOLDING INVESTMENTS	DE	ECMC GROUP INC	C Corporation	false
ECMC HOLDINGS CORPORATION
111 Washington Ave So	Ste 1400	Minneapolis	MN	55401	411991992	STRATEGIC OVERSIGHT	DE	ECMC GROUP INC	C Corporation	false
EDUCATIONAL CREDIT SERVICES CO
111 Washington Ave So	Ste 1400	Minneapolis	MN	55401	411992001	PRIVATE LOANS	DE	NA	C Corporation	false
ECMC RECORDS & REC MGMT CORPORATION
111 Washington Ave So	Ste 1400	Minneapolis	MN	55401	411989959	DOCUMENT MANAGEMENT	DE	NA	C Corporation	false
ECMC MANAGEMENT SERVICES CORPORATION
111 Washington Ave So	Ste 1400	Minneapolis	MN	55401	411989960	MANAGEMENT SERVICES	DE	NA	C Corporation	false
ECMC TECHNOLOGY SERVICES CORPORATION
111 Washington Ave So	Ste 1400	Minneapolis	MN	55401	411989958	TECHNOLOGY SERVICES	DE	NA	C Corporation	false
ECMC Servicing Corporation
10370 Peter A McCuen Blvd		Mather	CA	95655	471154366	Loan Servicing	DE	NA	C Corporation	false

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	false	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (true)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	false	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	false	DivRelatedOrganizationInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	false	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	false	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (true)	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (true)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (true)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	false	TransferToOtherOrgInd
Transfer From Other Org	false	TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule R, Part V, Line 1n Sharing of Facilities, Equipment, or Other Assets with Related Org(s)	$605,652 Allocated Expenses for Facilities, Equipment, Mailing Lists or Other Assets Shared with ECMC Group, Inc.
Schedule R, Part V, Line 1p Reimbursement Paid to Related Organization(s) for Expenses	$386,275 Reimbursement Paid to ECMC Group, Inc. for Expenses.
Schedule R, Part I Disregarded Entities of Related Organizations	1(a)-Name. Oakdale Student Loan Funding, LLC (27-1914648), 111 Washington Ave So, Ste 1400, Minneapolis, MN 55401. 1(b)-Primary activity. Holding FFELP Loans. 1(c)-Legal domicile. DE. 1(f)-Direct controlling entity. ECMC Group, Inc. 2(a)-Name. ECMC Shared Services Company, LLC (81-0690960), 111 Washington Ave So, Ste 1400, Minneapolis, MN 55401. 2(b)-Primary activity. Support Services Functions. 2(c)-Legal domicile. DE. 2(f)-Direct controlling entity. ECMC Group, Inc. 3(a)-Name. Patriot Student Loan Capital, LLC (81-3501777), 111 Washington Ave So, Ste 1400, Minneapolis, MN 55401. 3(b)-Primary activity. Trust Student Loans. 3(c)-Legal domicile. DE. 3(f)-Direct controlling entity. ECMC Group, Inc.
Schedule R, Part V, Line 1b Gift, grant, or capital contribution to related organization(s)	$5,000,000 grants awarded by ECMC Foundation to ECMC Education, Inc. (formerly Zenith Education Group, Inc.) for career readiness initiatives and programs, which further its mission to help students succeed in their pursuit of an educational experience that prepares them for the workforce.
Schedule R, Part V, Line 1o Sharing of Paid Employees with Related Organization(s)	$320,334 Allocated Expenses for Paid Employees Shared with ECMC Shared Services Company, LLC, a Wholly Owned Subsidiary of ECMC Group, Inc., a Related Organization.
Schedule R, Part V, Line 1b Gift, grant, or capital contribution to related organization(s)	$50,000 grant awarded by ECMC Foundation to ECMC Group, Inc. for enterprise innovation, research and strategic development, which further its mission by providing services that help students recognize and realize their potential by investing in, creating and providing innovative education solutions that support schools and improve student educational outcomes.
Schedule R, Part V, Line 1b Gift, grant, or capital contribution to related organization(s)	$2,256,993 grants awarded by ECMC Foundation to Educational Credit Management Corporation for Outreach and College Success initiatives.
Schedule R, Part V, Line 1o Sharing of Paid Employees with Related Organization(s)	$162,899 Allocated Expenses for Paid Employees Shared with ECMC Group, Inc.