ECMC FOUNDATION: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- ECMC FOUNDATION (EIN 41-1990628)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-08
- IRS object ID
- 201943129349303129
- Schema version
- 2018v3.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-08T16:00:20-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | 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 | 2018-01-01 | 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 | 2019-11-08 | 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 | 2018 | TaxYr |
| Build TS | 2020-01-14 16:20:31Z | 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 | $36,298,841 | 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 | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 17 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $15,585 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $29,504,341 | PYInvestmentIncomeAmt |
| CY Investment Income | $32,616,087 | CYInvestmentIncomeAmt |
| PY Other Revenue | $881,843 | PYOtherRevenueAmt |
| CY Other Revenue | $3,682,754 | CYOtherRevenueAmt |
| PY Total Revenue | $30,386,184 | PYTotalRevenueAmt |
| CY Total Revenue | $36,298,841 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $23,674,677 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $37,598,547 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,966,821 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,083,033 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,737,136 | PYOtherExpensesAmt |
| CY Other Expenses | $1,740,406 | CYOtherExpensesAmt |
| PY Total Expenses | $27,378,634 | PYTotalExpensesAmt |
| CY Total Expenses | $41,421,986 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,007,550 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$5,123,145 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $753,325,273 | TotalAssetsBOYAmt |
| Total Assets EOY | $733,045,279 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $15,062,500 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $20,623,096 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $738,262,773 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $712,422,183 | 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 | Yes (true) | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $19,279,958 | ExpenseAmt |
| Grant | $19,279,958 | GrantAmt |
| Revenue | $3,076,284 | RevenueAmt |
| Desc | Career Readiness. Established to invest in opportunities in the career and technical education and training arena, focusing on those students who are not planning to attend traditional four-year or two-year colleges. The program is designed to help students who desire the training and skill development that leads to better job prospects by obtaining Postsecondary certificates with economic and education value. While ECMC Foundation is primarily focusing on the schools that make up Zenith Education Group, it is also committed to funding projects that improve the sector overall. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $9,394,160 | ExpenseAmt |
| Grant | $9,394,160 | GrantAmt |
| Revenue | $606,000 | RevenueAmt |
| Desc | College Success. Designed to increase the number of students from traditionally underserved backgrounds, including low-income and first-generation, who are prepared for, admitted to, and graduate from an institution of higher education. The program funds the development of techniques and tools that are adopted and used by professionals in the field to improve the college-going rate of underserved students. ECMC Foundation also supports initiatives to improve six-year college graduation rates at four-year colleges and universities, and three-year transfer/completion rates at community colleges and schools for students from these underserved populations. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,057,500 | ExpenseAmt |
| Grant | $1,057,500 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Education Innovation Ventures. Designed to provide flexible, risk capital to early-stage ventures and entrepreneurs working to increase educational outcomes and economic mobility among underserved learners. Education Innovation Ventures uses financial tools, including loans, deposits, equity, and guarantees, to make below-market-rate investments to nonprofit and for-profit enterprises that seek to generate both social impact and financial returns. 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 |
|---|---|---|---|
| $6,100,823 | $4,534,584 | $0 | Other programs. Miscellaneous programs and activities for the furtherance of educational opportunities through grants, awards and research on the management of educational debt. |
| $1,947,345 | $1,947,345 | $0 | Teacher and Leader Development. Created to invest in teacher and leader development focused on complex intellectual student work, often referred to as deeper learning. The program also focuses on initiatives that build the diversity pipelines into the teaching and school leader professions. Through these investments, ECMC Foundation intends to improve teaching and student academic outcomes as measured by the next generation of standards and assessments. In December 2017, ECMC Foundation made the decision to close out the Teacher and Leader Development program. Funds were directed into the College Success, the Career Readiness and the Education Innovation Ventures programs in 2018. Grants previously awarded under the Teacher and Leader Development program will continue to be issued through January 2020. |
| $1,385,000 | $1,385,000 | $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 and expend the grant award for the purpose designated in the recipient's grant proposal. Recipients are eligible to receive awards ranging from $10,000 to $100,000. In 2018, ECMC Foundation awarded 92 grants under the GO! Program. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $9,433,168 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $7,866,929 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $39,164,786 | 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 |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| 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 With Officer Ent | Yes (true) | BusinessRlnWithOfficerEntInd |
| 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 | 10 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 17 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 | Yes (true) | 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 | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | 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 (19 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) | $560,681 | $0 | $120,889 | ||
| John F DePodesta | |||||||||
| Board Chair not paid by Foundation | 1.0 | 16.0 | Yes (X) | $0 | $180,500 | $0 | |||
| Julia Gouw | |||||||||
| Director not paid by Foundation | 1.0 | 6.0 | Yes (X) | $0 | $128,000 | $0 | |||
| Diana J Ingram | |||||||||
| Director not paid by Foundation | 1.0 | 8.0 | Yes (X) | $0 | $122,500 | $0 | |||
| I King Jordan | |||||||||
| Director not paid by Foundation | 1.0 | 6.0 | Yes (X) | $0 | $117,500 | $0 | |||
| James V McKeon | |||||||||
| Director not paid by Foundation | 1.0 | 11.0 | Yes (X) | $0 | $155,000 | $0 | |||
| Jack O'Connell | |||||||||
| Director not paid by Foundation | 1.0 | 7.0 | Yes (X) | $0 | $122,500 | $0 | |||
| Maurice M Salter | |||||||||
| Director not paid by Foundation | 1.0 | 11.0 | Yes (X) | $0 | $140,000 | $0 | |||
| K Paul Singh | |||||||||
| Director not paid by Foundation | 1.0 | 10.0 | Yes (X) | $0 | $124,000 | $0 | |||
| Jeremy J Wheaton | |||||||||
| President & CEO ECMC Group, Inc. not paid by Foundation | 0.0 | 40.0 | Yes (X) | $0 | $746,904 | $89,228 | |||
| Daniel S Fisher | |||||||||
| General Counsel/Corp Secretary not paid by Foundation | 0.0 | 40.0 | Yes (X) | $0 | $558,196 | $79,105 | |||
| Martin A Scanlon | |||||||||
| CFO & Treasurer not paid by Foundation | 0.0 | 40.0 | Yes (X) | $0 | $623,772 | $69,806 | |||
| Sarah Belnick | |||||||||
| Dir, Program Management | 40.0 | 0 | $111,881 | $0 | $22,897 | Yes (X) | |||
| Alissa Santoro | |||||||||
| Office Manager & Executive Assistant | 40.0 | 0 | $106,144 | $0 | $21,845 | Yes (X) | |||
| Jennifer E Zeisler | |||||||||
| Sr Dir, Program Management | 40.0 | 0 | $154,019 | $0 | $27,000 | Yes (X) | |||
| Gregory A Van Guilder | |||||||||
| Former CFO not paid by Foundation | 0.0 | 40.0 | $0 | $898,580 | $92,322 | Yes (X) | |||
| Roberta Cooper Ramo | |||||||||
| Former Director not paid by Foundation | 0.0 | 0.0 | $0 | $75,000 | $0 | Yes (X) | |||
| Robert A Stein | |||||||||
| Former Director not paid by Foundation | 0.0 | 0.0 | $0 | $60,000 | $0 | Yes (X) | |||
| Richard J Boyle | |||||||||
| Former Director/CEO/President not paid by Foundation | 0.0 | 0.0 | $0 | $16,075 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $932,725 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $4,068,527 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $523,092 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | 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
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | American Institutes for Research | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 Thomas Jefferson St NW | AddressLine1Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20007 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Consulting Services | ServicesDesc |
| Compensation | $443,897 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | 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 | $116,087 | TotalRevenueColumnAmt |
| Exclusion | $116,087 | 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 | $32,500,000 | 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 | $32,500,000 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $32,500,000 | TotalRevenueColumnAmt |
| Exclusion | $32,500,000 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| Grants awarded in a prior year and cancelled or refunded in 2018 | 813211 | $3,682,284 | $3,682,284 | |
| Intercompany Servicing Revenue | 900099 | $470 | $470 |
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 | $3,682,754 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $36,298,841 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,682,284 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $32,616,557 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,598,547 | TotalAmt |
| Program Services | $37,598,547 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $681,569 | TotalAmt |
| Management And General | $681,569 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,068,195 | TotalAmt |
| Program Services | $970,642 | ProgramServicesAmt |
| Management And General | $97,553 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,464 | TotalAmt |
| Program Services | $86,746 | ProgramServicesAmt |
| Management And General | $8,718 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,356 | TotalAmt |
| Program Services | $138,442 | ProgramServicesAmt |
| Management And General | $13,914 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,449 | TotalAmt |
| Program Services | $77,645 | ProgramServicesAmt |
| Management And General | $7,804 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,768 | TotalAmt |
| Management And General | $19,768 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,794 | TotalAmt |
| Management And General | $34,794 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $451,109 | TotalAmt |
| Management And General | $451,109 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $492,730 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $492,730 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $128,972 | TotalAmt |
| Program Services | $25,307 | ProgramServicesAmt |
| Management And General | $103,665 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,106 | TotalAmt |
| Management And General | $6,106 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $211,120 | TotalAmt |
| Program Services | $172,735 | ProgramServicesAmt |
| Management And General | $38,385 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $244,434 | TotalAmt |
| Management And General | $244,434 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,304 | TotalAmt |
| Program Services | $30,957 | ProgramServicesAmt |
| Management And General | $21,347 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,935 | TotalAmt |
| Program Services | $63,765 | ProgramServicesAmt |
| Management And General | $14,170 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,194 | TotalAmt |
| Management And General | $20,194 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous Expense | Desc |
| Total | $940 | TotalAmt |
| Management And General | $940 | 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 | $41,421,986 | TotalAmt |
| Program Services | $39,164,786 | ProgramServicesAmt |
| Management And General | $2,257,200 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,254,583 | BOYAmt |
| EOY | $19,271,649 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $734 | BOYAmt |
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) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,347 | BOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $273,689 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $169,645 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,277 | BOYAmt |
| EOY | $104,044 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $733,787,031 | BOYAmt |
| EOY | $713,069,586 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $600,000 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,120,301 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $753,325,273 | BOYAmt |
| EOY | $733,045,279 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $330,744 | BOYAmt |
| EOY | $425,426 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,366,780 | BOYAmt |
| EOY | $20,087,961 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $364,976 | BOYAmt |
| EOY | $109,709 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,062,500 | BOYAmt |
| EOY | $20,623,096 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $738,262,773 | BOYAmt |
| EOY | $712,422,183 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $738,262,773 | BOYAmt |
| EOY | $712,422,183 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $753,325,273 | BOYAmt |
| EOY | $733,045,279 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$5,123,145 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$20,717,445 | 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) | $34,855,186 | $0 |
| Zenith Education Group Inc | ||||
| 472237488 | 2 | Yes (true) | $6,566,800 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 2 | SupportedOrganizationsTotalCnt |
| Support Sum | $41,421,986 | 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 | $273,689 | OtherCostOrOtherBasisAmt |
| Depreciation | $169,645 | DepreciationAmt |
| Book Value | $104,044 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $104,044 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Investment in ECMC Group, Inc. Apportioned Investment Pool | Desc |
| Book Value | $713,069,586 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $713,069,586 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Due To ECMC Group, Inc. | $57,050 |
| Due To Educational Credit Management Corporation | $1,212 |
| Due to ECMC Shared Services Company, LLC | $32,653 |
| Due to Zenith Education Group, Inc. | $315 |
| Lease Liabilities | $18,479 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $109,709 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $11,449,000 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$20,717,445 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $997 | OtherRevenueAmt |
| Revenue Not Reported | -$20,716,448 | RevenueNotReportedAmt |
| Revenue Subtotal | $32,165,448 | RevenueSubtotalAmt |
| Other Revenues Not Included | $4,133,393 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $4,133,393 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $36,298,841 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $37,289,000 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $407 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $407 | ExpensesNotReportedAmt |
| Expenses Subtotal | $37,288,593 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $4,133,393 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $4,133,393 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $41,421,986 | 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 $20,717,445. |
| 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, 2018 or 2017. 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 - 997 |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | Grants awarded in prior years to Zenith Education Group, Inc. for its Campaign for Innovation and to unaffiliated entities in support of career and technical education and training, and cancelled or refunded in 2018. The awards were correctly recorded in prior years on ECMC Foundation's books. - 3682284 Investment Management Fee - 451109 |
| 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 - 407 |
| Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements | Grants awarded in prior years to Zenith Education Group, Inc. for its Campaign for Innovation and to unaffiliated entities in support of career and technical education and training, and cancelled or refunded in 2018. The awards were correctly recorded in prior years on ECMC Foundation's books. - 3682284 Investment Management Fee - 451109 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (192 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| Zenith Education Group | ||||||||
| 111 Washington Ave So | Minneapolis | MN | 55401 | 472237488 | 501(C)(3) | $6,566,800 | Mission & Career Readiness | |
| ECMC Group | ||||||||
| 111 Washington Ave So | Minneapolis | MN | 55401 | 411778617 | 501(C)(3) | $2,597,584 | Special Opportunities | |
| 10000 Degrees | ||||||||
| 1650 Los Gamos Dr | San Rafael | CA | 94903 | 953667812 | 501(C)(3) | $500,000 | College Success | |
| A Gallery Career Technology Education (CTE) | ||||||||
| 3001 Bluff View Dr | Garland | TX | 75043 | 472853959 | 501(C)(3) | $10,000 | Program Support | |
| A Kid's Place of Tampa Bay | ||||||||
| 1715 Lithia Pinecrest Rd | Brandon | FL | 33511 | 262757636 | 501(C)(3) | $25,000 | Program Support | |
| AboutKidz | ||||||||
| 11140 Fair Oaks Blvd | Fair Oaks | CA | 95628 | 800683387 | 501(C)(3) | $25,000 | Program Support | |
| Achieving the Dream | ||||||||
| 8484 Georgia Ave | Silver Spring | MD | 20910 | 271635830 | 501(C)(3) | $10,000 | Special Opportunities | |
| Active Minds | ||||||||
| 2001 S St NW | Washington | DC | 20009 | 200587172 | 501(C)(3) | $455,000 | College Success & General Support | |
| Adelante Mujeres | ||||||||
| 2030 Main St | Forest Grove | OR | 97116 | 030473181 | 501(C)(3) | $10,000 | Program Support | |
| After School All Stars | ||||||||
| 8485 W Sunset Rd | Las Vegas | NV | 89113 | 880348811 | 501(C)(3) | $10,000 | Program Support | |
| Albany County SAFE Project | ||||||||
| PO Box 665 | Laramie | WY | 82070 | 742177133 | 501(C)(3) | $10,000 | Program Support | |
| Alive Camp | ||||||||
| 12 Cypress Point Ct | Ormond Beach | FL | 32174 | 821408242 | 501(C)(3) | $10,000 | Program Support | |
| America Achieves | ||||||||
| 100 W 33rd St | New York | NY | 10001 | 273238471 | 501(C)(3) | $150,000 | Career Readiness | |
| American Institutes for Research | ||||||||
| 1000 Thomas Jefferson St NW | Washington | DC | 20007 | 250965219 | 501(C)(3) | $247,450 | Career Readiness | |
| Antioch High School | ||||||||
| 1900 Hobson Pike | Antioch | TN | 37013 | 620717138 | Public School | $25,000 | Program Support | |
| ASD Hope IncTexas Autism Academy | ||||||||
| 1009 Pruitt Rd | The Woodlands | TX | 77380 | 475417326 | 501(C)(3) | $10,000 | Program Support | |
| Aspen Institute | ||||||||
| 2300 N St NW | Washington | DC | 20037 | 840399006 | 501(C)(3) | $1,457,500 | Career Readiness, College Success & Spec Opp | |
| Association for Career and Technical Education (ACTE) | ||||||||
| 1410 King St | Alexandria | VA | 22314 | 520632865 | 501(C)(3) | $1,056,000 | Leadership Collaborative | |
| Autism Shifts | ||||||||
| 5215 W Laurel St | Tampa | FL | 33607 | 260613034 | 501(C)(3) | $25,000 | Program Support | |
| Avenues for Homeless Youth | ||||||||
| 1708 Oak Park Ave N | Minneapolis | MN | 55411 | 411765140 | 501(C)(3) | $25,000 | Program Support | |
| Baker University | ||||||||
| 618 Eighth St | Baldwin City | KS | 66006 | 480543766 | 501(C)(3) | $20,000 | General Support | |
| Better Future Forward Inc | ||||||||
| 400 N Washington St | Falls Church | VA | 22046 | 814772781 | 501(C)(3) | $400,000 | Education Innovation Ventures | |
| Beyond12 | ||||||||
| 2101 Webster St | Oakland | CA | 94612 | 271275246 | 501(C)(3) | $650,000 | College Success | |
| Big Brothers Big Sisters | ||||||||
| 2502 N Rocky Point Dr | Tampa | FL | 33607 | 231365190 | 501(C)(3) | $75,000 | Special Opportunities | |
| Big Brothers Big Sisters - Twin Cities | ||||||||
| 2550 University Ave W | St Paul | MN | 55114 | 320017737 | 501(C)(3) | $25,000 | Program Support | |
| Bipartisan Policy Center | ||||||||
| 1225 Eye St NW | Washington | DC | 20005 | 731628382 | 501(C)(3) | $25,000 | Special Opportunities | |
| Bottom Line | ||||||||
| 50 Milk St | Boston | MA | 02109 | 043351427 | 501(C)(3) | $750,000 | College Success | |
| Bridging Freedom | ||||||||
| PO Box 18984 | Tampa | FL | 33679 | 275467980 | 501(C)(3) | $10,000 | Program Support | |
| Brooke School Foundation Inc | ||||||||
| 190 Cummins Highway | Roslindale | MA | 02131 | 300015324 | 501(C)(3) | $15,000 | General Support | |
| Buck Institute for Education | ||||||||
| 3 Hamilton Landing | Novato | CA | 94949 | 680160429 | 501(C)(3) | $1,219,745 | Teacher and Leader Development | |
| BUY Cobb Inc | ||||||||
| PO Box 3485 | Marietta | GA | 30061 | 585234027 | 501(C)(3) | $10,000 | Program Support | |
| Cal Aero Preserve Academy | ||||||||
| 15850 Main St | Chino | CA | 91708 | 454591853 | 501(C)(3) | $25,000 | Program Support | |
| California Community Foundation | ||||||||
| 221 S Figueroa St | Los Angeles | CA | 90012 | 953510055 | 501(C)(3) | $55,000 | College Success & Special Opportunities | |
| California Competes | ||||||||
| 2323 Broadway | Oakland | CA | 94612 | 954302067 | 501(C)(3) | $150,000 | College Success | |
| California Council on Economic Education (CCEE) | ||||||||
| 23430 Hawthorne Blvd | Torrance | CA | 90505 | 330237320 | 501(C)(3) | $50,000 | Special Opportunities | |
| California State University Channel Islands | ||||||||
| 1 University Dr | Camarillo | CA | 93012 | 770433230 | 501(C)(3) | $75,000 | College Success | |
| Career Dress | ||||||||
| 55 W Huron | Pontiac | MI | 48342 | 473704980 | 501(C)(3) | $10,000 | Program Support | |
| Caring for Kids | ||||||||
| 237 Eldorado Ave | Fircrest | WA | 98466 | 273768791 | 501(C)(3) | $10,000 | Program Support | |
| CASA Youth Advocates Inc | ||||||||
| 26 East Fourth St | Media | PA | 19063 | 231901080 | 501(C)(3) | $10,000 | General Support | |
| Catholic Charities Fort Worth | ||||||||
| 249 W Thornhill Dr | Fort Worth | TX | 76115 | 750808769 | 501(C)(3) | $550,000 | College Success | |
| Center for Work Education & Employment (CWEE) | ||||||||
| 1175 Osage St | Denver | CO | 80204 | 742202303 | 501(C)(3) | $10,000 | Program Support | |
| Central Carolina Community Foundation | ||||||||
| 2711 Middleburg Dr | Columbia | SC | 29204 | 570793960 | 501(C)(3) | $25,000 | Special Opportunities | |
| Charles Drew University of Medicine and Science | ||||||||
| 1731 East 120th St | Los Angeles | CA | 90059 | 956151774 | 501(C)(3) | $50,000 | Special Opportunities | |
| Child Care Answers | ||||||||
| 1776 N Meridian St | Indianapolis | IN | 46202 | 350888763 | 501(C)(3) | $25,000 | Program Support | |
| Children's Castle Theater | ||||||||
| 8442 17th Ave S | Bloomington | MN | 55425 | 411696284 | 501(C)(3) | $25,000 | Program Support | |
| Children's Museum of Houston | ||||||||
| 1500 Binz St | Houston | TX | 77004 | 742178563 | 501(C)(3) | $10,000 | Program Support | |
| City of Los Angeles | ||||||||
| 630 W 5th St | Los Angeles | CA | 90071 | 956000735 | Government | $25,000 | Program Support | |
| Civic Nation | ||||||||
| 727 15th St NW | Washington | DC | 20005 | 473576918 | 501(C)(3) | $10,000 | Special Opportunities | |
| Clay Youth Connect via Youth Crisis Center | ||||||||
| 3015 Parental Home Rd | Jacksonville | FL | 32216 | 592176287 | 501(C)(3) | $10,000 | Program Support | |
| College Forward | ||||||||
| 505 E Huntland Dr | Austin | TX | 78752 | 422003552 | 501(C)(3) | $400,000 | Education Innovation Ventures | |
| College Unbound | ||||||||
| 325 Public St | Providence | RI | 02905 | 050485883 | 501(C)(3) | $150,000 | Career Readiness | |
| Community Family Centers | ||||||||
| 7524 Avenue E | Houston | TX | 77012 | 741691632 | 501(C)(3) | $10,000 | Program Support | |
| Community Partners | ||||||||
| 1000 N Alameda St | Los Angeles | CA | 90012 | 954302067 | 501(C)(3) | $60,000 | Special Opportunities | |
| Como Friends | ||||||||
| 1225 Estabrook Dr | St Paul | MN | 55103 | 411943928 | 501(C)(3) | $25,000 | Program Support | |
| Complete College America | ||||||||
| 429 East Vermont St | Indianapolis | IN | 46202 | 264789471 | 501(C)(3) | $600,000 | College Success | |
| Coro Southern California | ||||||||
| 1000 N Alameda St | Los Angeles | CA | 90012 | 954274561 | 501(C)(3) | $21,000 | Special Opportunities | |
| Council for Adult and Experiential Learning | ||||||||
| 55 E Monroe St | Chicago | IL | 60603 | 132890752 | 501(C)(3) | $840,703 | Career Readiness & Special Opportunities | |
| Credential Engine Inc | ||||||||
| 1730 Rhode Island Ave NW | Washington | DC | 20036 | 813389623 | 501(C)(3) | $97,650 | Career Readiness | |
| Credit Abuse Resistance Education | ||||||||
| 66 Canal Center Plaza | Alexandria | VA | 22314 | 810788458 | 501(C)(3) | $10,000 | Special Opportunities | |
| Dayspring Center | ||||||||
| 1537 Central Ave | Indianapolis | IN | 46202 | 351618998 | 501(C)(3) | $25,000 | Program Support | |
| Digital Promise | ||||||||
| 1001 Connecticut Ave NW | Washington | DC | 20036 | 452708794 | 501(C)(3) | $150,000 | Career Readiness | |
| Discovery Cube Los Angeles | ||||||||
| 11800 Foothill Blvd | Los Angeles | CA | 91342 | 455191270 | 501(C)(3) | $10,000 | Special Opportunities | |
| Downtown On the Go | ||||||||
| 950 Pacific Ave | Tacoma | WA | 98402 | 464368609 | 501(C)(3) | $10,000 | Program Support | |
| Education Design Lab | ||||||||
| 1200 18th st NW | Washington | DC | 20036 | 464248042 | 501(C)(3) | $1,241,625 | Career Readiness | |
| Elevate Oregon | ||||||||
| 12215 NE Marx St | Portland | OR | 97230 | 272151955 | 501(C)(3) | $10,000 | Program Support | |
| Emerging Practitioners in Philanthropy (EPIP) | ||||||||
| 601 West 26th St | New York | NY | 10001 | 943213100 | 501(C)(3) | $10,000 | Special Opportunities | |
| Emmanuel Pentecostal Church of Hoboken | ||||||||
| 311 East 1st Ave | Roselle | NJ | 07203 | 222176713 | 501(C)(3) | $10,000 | Program Support | |
| Ethos Music Center | ||||||||
| 2 N Killingsworth St | Portland | OR | 97217 | 911954235 | 501(C)(3) | $10,000 | Program Support | |
| Excelencia in Education | ||||||||
| 1156 15th St NW | Washington | DC | 20005 | 200927912 | 501(C)(3) | $800,000 | College Success | |
| Family Promise of Gwinnett County Inc | ||||||||
| 3495 B Sugarloaf Pkwy | Lawrenceville | GA | 30044 | 141906067 | 501(C)(3) | $10,000 | Program Support | |
| Fort Worth Hope Center | ||||||||
| 3625 E Loop 820 S | Fort Worth | TX | 76119 | 010801061 | 501(C)(3) | $10,000 | Program Support | |
| Foundation for California Community Colleges | ||||||||
| 1102 Q St | Sacramento | CA | 95811 | 680412350 | 501(C)(3) | $574,978 | Career Readiness & Special Opportunities | |
| Futures Inc dba Futures Foundation for Volusia County Schools | ||||||||
| 3750 Olson Dr | Daytona Beach | FL | 32124 | 592560862 | 501(C)(3) | $10,000 | Program Support | |
| GemStars | ||||||||
| 2637 Weyburn Rd | Columbus | OH | 43232 | 823070514 | 501(C)(3) | $10,000 | Program Support | |
| Georgia State University Research Foundation | ||||||||
| 30 Courtland St SE | Atlanta | GA | 30303 | 581845423 | 501(C)(3) | $400,000 | College Success | |
| Girls Empowered Mentally for Success | ||||||||
| PO Box 292814 | Tampa | FL | 33687 | 202375049 | 501(C)(3) | $10,000 | Program Support | |
| Girlstart | ||||||||
| 1400 West Anderson Ln | Austin | TX | 78757 | 311595414 | 501(C)(3) | $10,000 | Program Support | |
| Glow Mentoring Program Inc | ||||||||
| PO Box 1921 | Chesapeake | VA | 23327 | 822447697 | 501(C)(3) | $10,000 | Program Support | |
| Good Samaritan Health Center of Gwinnett | ||||||||
| 5949 Buford Hwy | Norcross | GA | 30071 | 270080400 | 501(C)(3) | $10,000 | Program Support | |
| GradGuru | ||||||||
| 1188 Arch St | Berkeley | CA | 94708 | 454898226 | 501(C)(3) | $450,000 | College Success | |
| Graham Elementary and Middle School | ||||||||
| 140 E 16th Ave | Columbus | OH | 43201 | 264350069 | Public School | $10,000 | Program Support | |
| Greater Wyoming Big Brothers Big Sisters | ||||||||
| 1010 S 6th St | Laramie | WY | 82070 | 510188774 | 501(C)(3) | $10,000 | Program Support | |
| Green Dot Public Schools | ||||||||
| 1149 South Hill St | Los Angeles | CA | 90015 | 954679811 | School District | $15,000 | General Support | |
| Greensburg Salem School District | ||||||||
| 65 Mennel Dr | Greensburg | PA | 15601 | 251158334 | School District | $10,000 | Program Support | |
| GSBA Scholarship Fund | ||||||||
| 400 East Pine | Seattle | WA | 98122 | 943138514 | 501(C)(3) | $10,000 | Program Support | |
| Hesperia Unified School District | ||||||||
| 15576 Main St | Hesperia | CA | 92345 | 930944528 | School District | $10,000 | General Support | |
| Holly Hill Boys & Girls Club | ||||||||
| 1044 Daytona Ave | Holly Hill | FL | 32117 | 593158162 | 501(C)(3) | $10,000 | Program Support | |
| Hope Center for College Community and Justice | ||||||||
| Temple University | Philadelphia | PA | 19122 | 231365971 | 501(C)(3) | $525,000 | College Success | 1801 N Broad St |
| Hope House of Colorado | ||||||||
| 9088 Marshall Ct | Westminster | CO | 80031 | 841567838 | 501(C)(3) | $10,000 | Program Support | |
| Hopewell Music Cooperative North | ||||||||
| 4350 Fremont Ave N | Minneapolis | MN | 55412 | 460547282 | 501(C)(3) | $25,000 | Program Support | |
| Horizon Outreach | ||||||||
| 256 North Sam Houston Pkwy E | Houston | TX | 77060 | 010946633 | 501(C)(3) | $10,000 | Program Support | |
| House of Praise International Church | ||||||||
| 7406 Alban StationCourt | Springfield | VA | 22150 | 521238767 | 501(C)(3) | $10,000 | Program Support | |
| Immigrants Rising | ||||||||
| 1000 Broadway | Oakland | CA | 94607 | 943255070 | 501(C)(3) | $75,000 | Special Opportunities | |
| Indiana Youth Group | ||||||||
| 3733 N Meridian St | Indianapolis | IN | 46208 | 351760451 | 501(C)(3) | $25,000 | Program Support | |
| Inglewood Educational Foundation | ||||||||
| 401 S Inglewood Ave | Inglewood | CA | 90301 | 954722534 | 501(C)(3) | $70,000 | Special Opportunities | |
| Institute for Educational Leadership | ||||||||
| 4301 Connecticut Ave NW | Washington | DC | 20008 | 521198450 | 501(C)(3) | $946,419 | Career Readiness | |
| Institute for Women's Policy Research | ||||||||
| 1200 18th St NW | Washington | DC | 20036 | 521549572 | 501(C)(3) | $440,000 | Career Readiness & Special Opportunities | |
| Interfaith-Good Samaritan | ||||||||
| 710 E Garfield St | Laramie | WY | 82070 | 830288049 | 501(C)(3) | $10,000 | Program Support | |
| Jacksonville Adventist Academy | ||||||||
| 4298 Livingston Rd | Jacksonville | FL | 32257 | 593381699 | 501(C)(3) | $10,000 | Program Support | |
| Jeremiah Program | ||||||||
| 615 1st Ave NE | Minneapolis | MN | 55413 | 411801834 | 501(C)(3) | $32,500 | Career Readiness, Program Support & Spec Opp | |
| Jeremiah Program | ||||||||
| 615 1st Ave NE | Minneapolis | MN | 55413 | 411801834 | 501(C)(3) | $25,000 | Program Support | |
| Jewish Community Center of Greater Albuquerque | ||||||||
| 5520 Wyoming Blvd NE | Albuquerque | NM | 87109 | 850457178 | 501(C)(3) | $10,000 | General Support | |
| Jobs for America's Graduates | ||||||||
| 1729 King St | Alexandria | VA | 22314 | 521194546 | 501(C)(3) | $10,000 | Special Opportunities | |
| John Jay College of Criminal Justice Prisoner Reentry Institute | ||||||||
| 524 W 59th St | New York | NY | 10019 | 131988190 | 501(C)(3) | $350,029 | Career Readiness | |
| Junior Achievement of Greater Hampton Roads | ||||||||
| 160 Newtown Rd | Virginia Beach | VA | 23462 | 540799839 | 501(C)(3) | $10,000 | Program Support | |
| Junior Achievement of the Upper Midwest Inc | ||||||||
| 1800 White Bear Ave N | Maplewood | MN | 55109 | 411424988 | 501(C)(3) | $10,000 | Special Opportunities | |
| Just-A-Start Corporation | ||||||||
| 1035 Cambridge St | Cambridge | MA | 02141 | 237121174 | 501(C)(3) | $501,053 | Career Readiness | |
| KnowledgeWorks | ||||||||
| 1 West Fourth St | Cincinnati | OH | 45202 | 311321973 | 501(C)(3) | $400,000 | College Success | |
| LASA | ||||||||
| 8956 Gravelly Lake Dr SW | Lakewood | WA | 98499 | 911470619 | 501(C)(3) | $10,000 | Program Support | |
| Latino Youth Leadership of Orange County | ||||||||
| 2130 East 4th St | Santa Ana | CA | 92705 | 815485773 | 501(C)(3) | $10,000 | General Support | |
| Learning Collection Foundation | ||||||||
| 3900 Crown Rd SW 16709 | Atlanta | GA | 30304 | 822629892 | 501(C)(3) | $10,000 | Program Support | |
| Lennox School District | ||||||||
| 10319 Firmona Ave | Lennox | CA | 90304 | 956001848 | 501(C)(3) | $10,000 | General Support | |
| Linked Learning Alliance | ||||||||
| 1107 9th St | Sacramento | CA | 95814 | 473798868 | 501(C)(3) | $75,000 | Special Opportunities | |
| Live Oak Jaguars | ||||||||
| PO Box 73 | Universal City | TX | 78148 | 742919490 | 501(C)(3) | $10,000 | Program Support | |
| Lutheran Metropolitan Ministry | ||||||||
| 4515 Superior Ave | Cleveland | OH | 44103 | 341043756 | 501(C)(3) | $750,000 | Career Readiness | |
| Management Leadership for Tomorrow | ||||||||
| 7201 Wisconsin Ave | Bethesda | MD | 20814 | 521795164 | 501(C)(3) | $75,000 | College Success | |
| MDRC | ||||||||
| 200 Vesey St | New York | NY | 10281 | 237379473 | 501(C)(3) | $375,000 | Career Readiness | |
| Minds Matter Twin Cities | ||||||||
| 4912 Washburn Ave S | Minneapolis | MN | 55410 | 455415388 | 501(C)(3) | $25,000 | Program Support | |
| Mn Adult & Teen Challenge | ||||||||
| 740 E 24th St | Minneapolis | MN | 55404 | 411517351 | 501(C)(3) | $25,000 | Program Support | |
| Multicultural Clinical Center | ||||||||
| 7424 Evanston Rd | Springfield | WA | 22150 | 453365333 | 501(C)(3) | $10,000 | Program Support | |
| Nashville Public Education Foundation | ||||||||
| 1207 18th Ave S | Nashville | TN | 37212 | 481266314 | 501(C)(3) | $25,000 | Program Support | |
| National Council for Workforce Education | ||||||||
| 2840 W Bay Dr | Belleair Bluffs | FL | 33770 | 311449995 | 501(C)(3) | $126,720 | Career Readiness | |
| National Public Radio | ||||||||
| 1111 North Capitol St NE | Washington | DC | 20002 | 520907625 | 501(C)(3) | $350,000 | Special Opportunities | |
| New Venture Fund | ||||||||
| 1201 Connecticut Ave NW | Washington | DC | 20036 | 205806345 | 501(C)(3) | $1,000,000 | Education Innovation Ventures | |
| NORC at the University of Chicago | ||||||||
| 55 E Monroe St | Chicago | IL | 60603 | 362167808 | 501(C)(3) | $493,560 | Career Readiness | |
| North Carolina State University | ||||||||
| 2701 Sullivan Dr | Raleigh | NC | 27695 | 566000756 | State School | $2,034,053 | Leadership Collaborative | |
| North Columbus Jaycees | ||||||||
| Buckeye Jaycee Foundation | Columbus | OH | 43229 | 474318879 | 501(C)(3) | $10,000 | Program Support | 5905 Beechcroft Rd |
| North Valley Community Foundation | ||||||||
| 240 Main St | Chico | CA | 95928 | 680161455 | 501(C)(3) | $25,000 | Special Opportunities | |
| Notre Dame High School - Batavia | ||||||||
| 73 Union St | Batavia | NY | 14020 | 510201919 | School District | $25,000 | Special Opportunities | |
| Notre Dame High School of West Haven Inc | ||||||||
| One Notre Dame Way | West Haven | CT | 06516 | 060646748 | School | $25,000 | Program Support | |
| On Point for College | ||||||||
| 488 W Onondaga St | Syracuse | NY | 13202 | 161569356 | 501(C)(3) | $100,000 | College Success | |
| Orono Middle School | ||||||||
| 685 North Old Crystal Bay Rd | Long Lake | MN | 55356 | 416001403 | Public school | $10,000 | General Support | |
| Outside the Box | ||||||||
| 3940 East 56th St | Indianapolis | IN | 46220 | 412261668 | 501(C)(3) | $25,000 | Program Support | |
| Paul Quinn College | ||||||||
| 3837 Simpson Stuart Rd | Dallas | TX | 75241 | 741238438 | School | $75,000 | College Success | |
| PeerForward | ||||||||
| 1140 3rd St NE | Washington | DC | 20002 | 522007028 | 501(C)(3) | $150,000 | College Success | |
| People Incorporated | ||||||||
| 2060 Centre Pointe Blvd | St Paul | MN | 55120 | 410962296 | 501(C)(3) | $25,000 | Program Support | |
| People Serving People | ||||||||
| 614 Third St So | Minneapolis | MN | 55415 | 411965067 | 501(C)(3) | $25,000 | Program Support | |
| Pikes Peak Community College | ||||||||
| 5675 South Academy Blvd | Colorado Springs | CO | 80906 | 742182257 | 501(C)(3) | $10,000 | Program Support | |
| Posse Foundation | ||||||||
| 515 South Figueroa St | Los Angeles | CA | 90071 | 133840394 | 501(C)(3) | $50,000 | Special Opportunities | |
| Project 150 | ||||||||
| 3600 N Rancho Dr | Las Vegas | NV | 89130 | 456645161 | 501(C)(3) | $10,000 | Program Support | |
| Public Policy Institute of California | ||||||||
| 500 Washington St | San Francisco | CA | 94111 | 943207299 | 501(C)(3) | $10,000 | Special Opportunities | |
| RAND Corporation | ||||||||
| 1776 Main St | Santa Monica | CA | 90401 | 951958142 | 501(C)(3) | $278,908 | Career Readiness | |
| Rayzor Sharp Community Development Foundation | ||||||||
| 17802 West Little York Rd | houston | TX | 77084 | 821977187 | 501(C)(3) | $10,000 | Program Support | |
| Regents of the University of Minnesota | ||||||||
| 321 19th Ave So | Minneapolis | MN | 55455 | 416007513 | State School | $100,000 | Special Opportunities | Carlson School of Management |
| Renaissance Academy | ||||||||
| 5100 Cleveland St | Virginia Beach | VA | 23462 | 540722075 | Public School | $10,000 | Program Support | |
| Restore Education | ||||||||
| 1202 N Flores | San Antonio | TX | 78212 | 262966263 | 501(C)(3) | $10,000 | Program Support | |
| RVCC | ||||||||
| 118 Lamington Rd | Branchburg | NJ | 08876 | 221815636 | 501(C)(3) | $10,000 | Program Support | |
| Sacramento Children's Museum | ||||||||
| 2701 Prospect Park Dr | Rancho Cordova | CA | 95670 | 202673935 | 501(C)(3) | $25,000 | Program Support | |
| Sacramento Loaves & Fishes | ||||||||
| 1351 North C St | Sacramento | CA | 95811 | 680189897 | 501(C)(3) | $25,000 | Program Support | |
| Saint Anne School | ||||||||
| 1324 S Main St | Santa Ana | CA | 92707 | 951968886 | 501(C)(3) | $25,000 | Program Support | |
| San Bernardino City Unified School District | ||||||||
| Making Hope Happen Foundation | San Bernardino | CA | 92410 | 330122847 | School District | $10,000 | Special Opportunities | 777 North F St |
| Sankofa Foundation | ||||||||
| PO Box 743693 | Dallas | TX | 75374 | 752684092 | 501(C)(3) | $10,000 | Program Support | |
| Seattle Goodwill Industries | ||||||||
| 700 Dearborn Pl S | Seattle | WA | 98144 | 910568708 | 501(C)(3) | $10,000 | Program Support | |
| Sierra Forever Families | ||||||||
| 8928 Volunteer Ln | Sacramento | CA | 95826 | 680002878 | 501(C)(3) | $25,000 | Program Support | |
| Single Mom Strong | ||||||||
| 7525 Auburn Blvd | Citrus Heights | CA | 95610 | 810917372 | 501(C)(3) | $25,000 | Program Support | |
| Skills for Chicagoland's Future | ||||||||
| 191 N Wacker Dr | Chicago | IL | 60606 | 451287418 | 501(C)(3) | $385,000 | Career Readiness | |
| South High Foundation | ||||||||
| 3131 19th Ave S | Minneapolis | MN | 55407 | 411506266 | 501(C)(3) | $30,000 | General Support | |
| Southern California Grantmakers | ||||||||
| 1000 N Alameda St | Los Angeles | CA | 90012 | 952831058 | 501(C)(3) | $35,000 | Special Opportunities | |
| Southern Scholarship Foundation | ||||||||
| 322 Stadium Dr | Tallahassee | FL | 32304 | 590939481 | 501(C)(3) | $499,160 | College Success | |
| Special Olympics Indiana | ||||||||
| 6200 Technology Center Dr | Indianapolis | IN | 46278 | 351262574 | 501(C)(3) | $25,000 | Program Support | |
| Station1 | ||||||||
| 89 South St | Boston | MA | 02111 | 042261109 | 501(C)(3) | $25,000 | Special Opportunities | |
| Stony Point High School Special Education FLC FAC Dept | ||||||||
| 1801 Tiger Trail | Round Rock | TX | 78664 | 746002018 | 501(C)(3) | $10,000 | Program Support | |
| Student-Centered Deeper Learning Collaborative | ||||||||
| 1201 Connecticut Ave NW | Washington | DC | 20036 | 473681860 | 501(C)(3) | $727,600 | Teacher and Leader Development | |
| Survivors On Purpose | ||||||||
| PO Box 120992 | Arlington | TX | 76012 | 484344771 | 501(C)(3) | $10,000 | Program Support | |
| Tennessee College Access and Success Network | ||||||||
| 1704 Charlotte Ave | Nashville | TN | 37203 | 454475679 | 501(C)(3) | $10,000 | Special Opportunities | |
| TESSA | ||||||||
| 435 Gold Pass Height | Colorado Springs | CO | 80906 | 840746803 | 501(C)(3) | $10,000 | Program Support | |
| The Andrew McDonough B Foundation | ||||||||
| 101 Rockland Circle | Wilmington | DE | 19803 | 421741037 | 501(C)(3) | $10,000 | General Support | |
| The Arc Greater Prince William | ||||||||
| 13505 Hillendale Dr | Woodbridge | VA | 22193 | 540743298 | 501(C)(3) | $10,000 | Program Support | |
| The Catoctin Foundation dba Loudoun Free Clinic | ||||||||
| 224A Cornwall St NW | Leesburg | VA | 20176 | 541921059 | 501(C)(3) | $30,000 | General Support | |
| The Center for Occupational Research and Development (CORD) | ||||||||
| 4901 Bosque Blvd | Waco | TX | 76710 | 742077794 | 501(C)(3) | $150,000 | Career Readiness | |
| The Council on Alcohol & Drug Abuse | ||||||||
| 1249 Empire Central Dr | Dallas | TX | 75247 | 750808776 | 501(C)(3) | $10,000 | Program Support | |
| The Fathers Foundation Inc | ||||||||
| 3333 N Illinois | Indianapolis | IN | 46208 | 462140400 | 501(C)(3) | $25,000 | Program Support | |
| The Forge For Families | ||||||||
| 3435 Dixie Dr | Houston | TX | 77021 | 760485959 | 501(C)(3) | $10,000 | Program Support | |
| The Greater Brandon Community Foundation | ||||||||
| 1210 Millennium Pkwy | Brandon | FL | 33511 | 900073721 | 501(C)(3) | $10,000 | Program Support | |
| The Learning Centers at Fairplex | ||||||||
| 1101 W McKinley Ave | Pomona | CA | 91768 | 954686764 | 501(C)(3) | $50,000 | Special Opportunities | |
| The PourHouse Inc | ||||||||
| 39 W Jackson Place | Indianapolis | IN | 46204 | 113760897 | 501(C)(3) | $25,000 | Program Support | IMPD Downtown |
| The Taylor House | ||||||||
| PO Box 853 | Roseville | CA | 95678 | 460748514 | 501(C)(3) | $25,000 | Program Support | |
| Triton College | ||||||||
| 2000 Fifth Ave | River Grove | IL | 60171 | 362537114 | State School | $500,000 | College Success | |
| Turning Point of the City | ||||||||
| 4926 S Miller Way | Littleton | CO | 80217 | 474084957 | 501(C)(3) | $10,000 | Program Support | |
| UCLA Alumni Affairs | ||||||||
| 10920 Wilshire Blvd | Los Angeles | CA | 90024 | 952250801 | 501(C)(3) | $75,000 | Special Opportunities | |
| UCLA Foundation | ||||||||
| UCLA External Affairs Box 951590 | Los Angeles | CA | 90095 | 952250800 | 501(C)(3) | $90,000 | Program Support & Special Opportunities | Wilshire Center |
| UCSF Brain Tumor Center | ||||||||
| 220 Montgomery St | San Francisco | CA | 94101 | 946036393 | 501(C)(3) | $20,000 | General Support & Special Opportunities | |
| University of North Carolina (UNC) | ||||||||
| 910 Raleigh Rd | Chapel Hill | NC | 27515 | 562180508 | School | $500,000 | College Success | General Administration |
| University of North Carolina Chapel Hill | ||||||||
| 172 East Franklin St CB | Chapel Hill | NC | 27599 | 566001393 | School | $70,000 | College Success | |
| University of Southern California Center for Urban Education | ||||||||
| 3720 S Flower St | Los Angeles | CA | 90089 | 951642394 | 501(C)(3) | $300,000 | College Success | |
| Unloop | ||||||||
| 900 E Pine St | Seattle | WA | 98122 | 475302622 | 501(C)(3) | $769,010 | Career Readiness | |
| Urban Ventures | ||||||||
| 2924 4th Ave So | Minneapolis | MN | 55408 | 363558710 | 501(C)(3) | $10,000 | Special Opportunities | |
| Variety School | ||||||||
| 2800 E Stewart Ave | Las Vegas | NV | 89101 | 886000030 | 501(C)(3) | $10,000 | Program Support | |
| Venn Foundation | ||||||||
| 1127 Barclay St | St Paul | MN | 55106 | 814476503 | 501(C)(3) | $87,500 | Education Innovation Ventures | |
| Volunteer Fireman Association of Cambria County & Vicinity | ||||||||
| 292 Ott Rd | Patton | PA | 16668 | 270227638 | 501(C)(3) | $10,000 | Program Support | |
| Windmill Animal Rescue | ||||||||
| 350 Main St | ElkoNew Market | MN | 55054 | 611480957 | 501(C)(3) | $25,000 | Program Support | |
| World Relief Jacksonville | ||||||||
| 5107 University Blvd W | Jacksonville | FL | 32216 | 236393344 | 501(C)(3) | $10,000 | Program Support | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 192 | Total501c3OrgCnt |
| Total Other Org | 0 | 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 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 (11 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 | $16,075 | $0 | $0 | $0 | $0 | $0 | $16,075 | $0 | $16,075 |
| Peter J Taylor | ||||||||||||||
| President & Director, ECMC Foundation | $390,609 | $0 | $80,000 | $0 | $90,072 | $0 | $112,238 | $0 | $8,651 | $0 | $681,570 | $0 | $76,984 | $0 |
| Roberta Cooper Ramo | ||||||||||||||
| Former Director not paid by Foundation | $0 | $75,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $75,000 | $0 | $0 |
| Robert A Stein | ||||||||||||||
| Former Director not paid by Foundation | $0 | $60,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $60,000 | $0 | $0 |
| John F DePodesta | ||||||||||||||
| Board Chair not paid by Foundation | $0 | $180,500 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $180,500 | $0 | $0 |
| James V McKeon | ||||||||||||||
| Director not paid by Foundation | $0 | $155,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $155,000 | $0 | $0 |
| Jeremy J Wheaton | ||||||||||||||
| President & CEO ECMC Group, Inc. not paid by Foundation | $0 | $543,354 | $0 | $200,833 | $0 | $2,717 | $0 | $59,800 | $0 | $29,428 | $0 | $836,132 | $0 | $208 |
| Gregory A Van Guilder | ||||||||||||||
| Former CFO not paid by Foundation | $0 | $372,132 | $0 | $506,000 | $0 | $20,448 | $0 | $69,447 | $0 | $22,875 | $0 | $990,902 | $0 | $18,000 |
| Daniel S Fisher | ||||||||||||||
| General Counsel/Corp Secretary not paid by Foundation | $0 | $306,273 | $0 | $230,949 | $0 | $20,974 | $0 | $48,099 | $0 | $31,006 | $0 | $637,301 | $0 | $7,413 |
| Martin A Scanlon | ||||||||||||||
| CFO & Treasurer not paid by Foundation | $0 | $323,571 | $0 | $87,500 | $0 | $212,701 | $0 | $40,326 | $0 | $29,480 | $0 | $693,578 | $0 | $0 |
| Jennifer E Zeisler | ||||||||||||||
| Sr Dir, Program Management | $147,558 | $0 | $0 | $0 | $6,461 | $0 | $17,884 | $0 | $9,116 | $0 | $181,019 | $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 2018, Gregory A. Van Guilder participated in the 457(f) plan, and received employer contributions of $2,400, and Peter J. Taylor participated in the SERP plan, and received an employer contribution of $54,800. |
| 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 L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Richard J Boyle | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Mr. Boyle is a director and president of a company contracted with ECMC Group, Inc., a related org. | RelationshipDescriptionTxt |
| Transaction | $40,000 | TransactionAmt |
| Transaction | See Description of Transaction in Part V | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part IV, Column (d) Description of Transaction | FormAndLineReferenceDesc |
| Explanation | ECMC Group, Inc., a related organization, has a consulting contract with a company owned by a former director and president. For transparency of operation, the contract is reported in this Form 990 filing as ECMC Group, Inc. is the parent and supporting entity of Educational Credit Management Corporation and Zenith Education Group, Inc. and the parent organization of ECMC Foundation. The contract is for advisory services to ECMC Group, Inc. and began after the officer retired from the organization on February 1, 2014. The proposed terms of the contract were reviewed by the Governance & Compensation Committee of the ECMC Group, Inc. Board of Directors, which is wholly comprised of independent, outside directors. The Committee reviewed the business terms, tasks, duration of the proposed agreement and comparability data. They also heard from compensation consultants and outside counsel. The Committee made a recommendation that was then approved by the full ECMC Group, Inc. Board of Directors. The contract ended in 2018. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (16 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 2 New program services | In 2018, in furtherance of ECMC Foundation's commitment to create lasting impact for individual students and the education system, ECMC Foundation launched the Education Innovation Ventures (EIV) program, which uses program-related investments to unlock the creative synergy of nonprofit and for-profit sectors and build evidence-based practices. In complement with ECMC Foundation's strategic grantmaking, the EIV program uses a spectrum of program-related investments, including debt and equity instruments, to improve educational and career outcomes among traditionally underserved students and adults. |
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ 6,100,823 including grants of $ 4,534,584)(Revenue $ 0) 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 $ 1,947,345 including grants of $ 1,947,345)(Revenue $ 0) Teacher and Leader Development. Created to invest in teacher and leader development focused on complex intellectual student work, often referred to as deeper learning. The program also focuses on initiatives that build the diversity pipelines into the teaching and school leader professions. Through these investments, ECMC Foundation intends to improve teaching and student academic outcomes as measured by the next generation of standards and assessments. In December 2017, ECMC Foundation made the decision to close out the Teacher and Leader Development program. Funds were directed into the College Success, the Career Readiness and the Education Innovation Ventures programs in 2018. Grants previously awarded under the Teacher and Leader Development program will continue to be issued through January 2020. |
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ 1,385,000 including grants of $ 1,385,000)(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 and expend the grant award for the purpose designated in the recipient's grant proposal. Recipients are eligible to receive awards ranging from $10,000 to $100,000. In 2018, ECMC Foundation awarded 92 grants under the GO! Program. |
| 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 repercussions for good faith reporting of potential illegal practices or violations of corporate policies. 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 Code of Ethics and Business Conduct. The affirmation specifically references that the individual will comply with the directives of the Code of Ethics and Business Conduct. Conflicts of Interest and disclosure of potential conflicts are included in the Code of Ethics and Business Conduct. Monitoring and enforcement of the policy are accomplished through the reaffirmation process. In cases where a potential conflict exists at the officer and key employee levels, the issue is disclosed to the General Counsel and/or Board Chair. For potential or real conflicts involving the CEO or a member of the Board of Directors, the disclosure is made to the Board Chair. The Board member or CEO 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 2018, 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 both nonprofit and for-profit 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 2018, 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 both nonprofit and for-profit 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. Robert A. Stein and Roberta Cooper Ramo, former Directors, had consulting agreements in 2018. |
| Form 990, Part X, Line 12 Investments-Other Securities | Investments-other securities of $713,069,586 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 $188,879,853 in alternative investments and $5,773,200 in mission-related direct investments. ECMC Foundation has no unfunded commitments to the Apportioned Investment Pool at December 31, 2018. |
| 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 $20,717,445. |
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 |
| 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 | 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 (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule R, Part V, Line 1n SHARING OF FACILITIES, EQUIPMENT, OR OTHER ASSETS WITH RELATED ORG(S) | $480,644 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 | $757,312 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. 4(a)-Name. Premiere Credit of North America, LLC (35-2085743), 2002 Wellesley Blvd, #100, Indianapolis, IN 46219. 4(b)-Primary activity. Accounts Receivable Management. 4(c)-Legal domicile. IN. 4(f)-Direct controlling entity. ECMC Holdings Corporation. 5(a)-Name. Healthcare Billing Administrators, LLC (81-4038009), 2002 Wellesley Blvd, #100, Indianapolis, IN 46219. 5(b)-Primary activity. Provider of Contingent Collections in the Healthcare Provider Market. 5(c)-Legal domicile. IN. 5(f)-Direct controlling entity. Premiere Credit of North America, LLC. |
| Schedule R, Part V, Line 1b Gift, grant, or capital contribution to related organization(s) | $6,566,800 grants awarded by ECMC Foundation to 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) | $179,015 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) | $2,597,587 grants 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. |
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