2019-11-08T16:00:20-06:00 2018-12-31 390859910 Baker Tilly Virchow Krause LLP 225 South 6th Street Suite 2300 Minneapolis MN 55402 990 2018-01-01 411990628 ECMC Foundation ECMC 6512210566 111 Washington Ave So 1400 Minneapolis MN 55401 Martin A Scanlon CFO & Treasurer 2019-11-08 true Lawrence H Mohr CPA P00447603 6128764500 2018 2020-01-14 16:20:31Z Peter J Taylor 111 Washington Ave So 1400 Minneapolis MN 55401 36298841 false X www.ecmcfoundation.org X 2000 DE ECMC Foundation is a grantmaking foundation focused on improving the educational outcomes of underserved youth through evidence-based innovation. 10 8 17 0 0 15585 0 0 29504341 32616087 881843 3682754 30386184 36298841 23674677 37598547 0 1966821 2083033 0 0 1737136 1740406 27378634 41421986 3007550 -5123145 753325273 733045279 15062500 20623096 738262773 712422183 X To inspire and to facilitate improvements that affect educational outcomes, especially among underserved populations, through evidence-based innovation. true false 19279958 19279958 3076284 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. 9394160 9394160 606000 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. 1057500 1057500 0 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. 6100823 4534584 0 Other programs. Miscellaneous programs and activities for the furtherance of educational opportunities through grants, awards and research on the management of educational debt. 1947345 1947345 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. 1385000 1385000 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. 9433168 7866929 39164786 true false false false false false false false false true true false false true true true true false false false false false false false false false true false true false false false false false false false true false false false false false true false false false true 10 0 17 true true true false false false false false true false false false false false X 10 8 false false false false true true true true true false false true true true true true true true true false CA X X Martin A Scanlon 6512210566 111 Washington Ave So Ste 1400 Minneapolis MN 55401 Peter J Taylor President & Director, ECMC Foundation 40.0 0.0 X X 560681 0 120889 John F DePodesta Board Chair not paid by Foundation 1.0 16.0 X 0 180500 0 Julia Gouw Director not paid by Foundation 1.0 6.0 X 0 128000 0 Diana J Ingram Director not paid by Foundation 1.0 8.0 X 0 122500 0 I King Jordan Director not paid by Foundation 1.0 6.0 X 0 117500 0 James V McKeon Director not paid by Foundation 1.0 11.0 X 0 155000 0 Jack O'Connell Director not paid by Foundation 1.0 7.0 X 0 122500 0 Maurice M Salter Director not paid by Foundation 1.0 11.0 X 0 140000 0 K Paul Singh Director not paid by Foundation 1.0 10.0 X 0 124000 0 Jeremy J Wheaton President & CEO ECMC Group, Inc. not paid by Foundation 0.0 40.0 X 0 746904 89228 Daniel S Fisher General Counsel/Corp Secretary not paid by Foundation 0.0 40.0 X 0 558196 79105 Martin A Scanlon CFO & Treasurer not paid by Foundation 0.0 40.0 X 0 623772 69806 Sarah Belnick Dir, Program Management 40.0 0 X 111881 0 22897 Alissa Santoro Office Manager & Executive Assistant 40.0 0 X 106144 0 21845 Jennifer E Zeisler Sr Dir, Program Management 40.0 0 X 154019 0 27000 Gregory A Van Guilder Former CFO not paid by Foundation 0.0 40.0 X 0 898580 92322 Roberta Cooper Ramo Former Director not paid by Foundation 0.0 0.0 X 0 75000 0 Robert A Stein Former Director not paid by Foundation 0.0 0.0 X 0 60000 0 Richard J Boyle Former Director/CEO/President not paid by Foundation 0.0 0.0 X 0 16075 0 932725 4068527 523092 4 true true false American Institutes for Research 1000 Thomas Jefferson St NW Washington DC 20007 Consulting Services 443897 1 0 0 0 0 0 0 116087 116087 0 0 32500000 0 32500000 0 32500000 32500000 Grants awarded in a prior year and cancelled or refunded in 2018 813211 3682284 3682284 Intercompany Servicing Revenue 900099 470 470 0 0 0 0 3682754 36298841 3682284 0 32616557 37598547 37598547 681569 681569 1068195 970642 97553 95464 86746 8718 152356 138442 13914 85449 77645 7804 19768 19768 34794 34794 451109 451109 492730 0 492730 0 128972 25307 103665 6106 6106 211120 172735 38385 244434 244434 52304 30957 21347 77935 63765 14170 20194 20194 Miscellaneous Expense 940 940 0 0 0 0 41421986 39164786 2257200 0 15254583 19271649 734 0 0 0 6347 273689 169645 156277 104044 733787031 713069586 0 600000 4120301 0 753325273 733045279 330744 425426 14366780 20087961 0 364976 109709 15062500 20623096 X 738262773 712422183 738262773 712422183 753325273 733045279 -5123145 -20717445 0 X false true X true X X 2 Educational Credit Management Corporation 411778617 9 true 34855186 0 Zenith Education Group Inc 472237488 2 true 6566800 0 2 41421986 0 true false false false false false false false false false false false false false false true 273689 169645 104044 104044 Investment in ECMC Group, Inc. Apportioned Investment Pool 713069586 F 713069586 Due To ECMC Group, Inc. 57050 Due To Educational Credit Management Corporation 1212 Due to ECMC Shared Services Company, LLC 32653 Due to Zenith Education Group, Inc. 315 Lease Liabilities 18479 109709 X 11449000 -20717445 997 -20716448 32165448 4133393 4133393 36298841 37289000 407 407 37288593 4133393 4133393 41421986 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 true Zenith Education Group 111 Washington Ave So Minneapolis MN 55401 472237488 501(C)(3) 6566800 Mission & Career Readiness ECMC Group 111 Washington Ave So Minneapolis MN 55401 411778617 501(C)(3) 2597584 Special Opportunities 10000 Degrees 1650 Los Gamos Dr San Rafael CA 94903 953667812 501(C)(3) 500000 College Success A Gallery Career Technology Education (CTE) 3001 Bluff View Dr Garland TX 75043 472853959 501(C)(3) 10000 Program Support A Kid's Place of Tampa Bay 1715 Lithia Pinecrest Rd Brandon FL 33511 262757636 501(C)(3) 25000 Program Support AboutKidz 11140 Fair Oaks Blvd Fair Oaks CA 95628 800683387 501(C)(3) 25000 Program Support Achieving the Dream 8484 Georgia Ave Silver Spring MD 20910 271635830 501(C)(3) 10000 Special Opportunities Active Minds 2001 S St NW Washington DC 20009 200587172 501(C)(3) 455000 College Success & General Support Adelante Mujeres 2030 Main St Forest Grove OR 97116 030473181 501(C)(3) 10000 Program Support After School All Stars 8485 W Sunset Rd Las Vegas NV 89113 880348811 501(C)(3) 10000 Program Support Albany County SAFE Project PO Box 665 Laramie WY 82070 742177133 501(C)(3) 10000 Program Support Alive Camp 12 Cypress Point Ct Ormond Beach FL 32174 821408242 501(C)(3) 10000 Program Support America Achieves 100 W 33rd St New York NY 10001 273238471 501(C)(3) 150000 Career Readiness American Institutes for Research 1000 Thomas Jefferson St NW Washington DC 20007 250965219 501(C)(3) 247450 Career Readiness Antioch High School 1900 Hobson Pike Antioch TN 37013 620717138 Public School 25000 Program Support ASD Hope IncTexas Autism Academy 1009 Pruitt Rd The Woodlands TX 77380 475417326 501(C)(3) 10000 Program Support Aspen Institute 2300 N St NW Washington DC 20037 840399006 501(C)(3) 1457500 Career Readiness, College Success & Spec Opp Association for Career and Technical Education (ACTE) 1410 King St Alexandria VA 22314 520632865 501(C)(3) 1056000 Leadership Collaborative Autism Shifts 5215 W Laurel St Tampa FL 33607 260613034 501(C)(3) 25000 Program Support Avenues for Homeless Youth 1708 Oak Park Ave N Minneapolis MN 55411 411765140 501(C)(3) 25000 Program Support Baker University 618 Eighth St Baldwin City KS 66006 480543766 501(C)(3) 20000 General Support Better Future Forward Inc 400 N Washington St Falls Church VA 22046 814772781 501(C)(3) 400000 Education Innovation Ventures Beyond12 2101 Webster St Oakland CA 94612 271275246 501(C)(3) 650000 College Success Big Brothers Big Sisters 2502 N Rocky Point Dr Tampa FL 33607 231365190 501(C)(3) 75000 Special Opportunities Big Brothers Big Sisters - Twin Cities 2550 University Ave W St Paul MN 55114 320017737 501(C)(3) 25000 Program Support Bipartisan Policy Center 1225 Eye St NW Washington DC 20005 731628382 501(C)(3) 25000 Special Opportunities Bottom Line 50 Milk St Boston MA 02109 043351427 501(C)(3) 750000 College Success Bridging Freedom PO Box 18984 Tampa FL 33679 275467980 501(C)(3) 10000 Program Support Brooke School Foundation Inc 190 Cummins Highway Roslindale MA 02131 300015324 501(C)(3) 15000 General Support Buck Institute for Education 3 Hamilton Landing Novato CA 94949 680160429 501(C)(3) 1219745 Teacher and Leader Development BUY Cobb Inc PO Box 3485 Marietta GA 30061 585234027 501(C)(3) 10000 Program Support Cal Aero Preserve Academy 15850 Main St Chino CA 91708 454591853 501(C)(3) 25000 Program Support California Community Foundation 221 S Figueroa St Los Angeles CA 90012 953510055 501(C)(3) 55000 College Success & Special Opportunities California Competes 2323 Broadway Oakland CA 94612 954302067 501(C)(3) 150000 College Success California Council on Economic Education (CCEE) 23430 Hawthorne Blvd Torrance CA 90505 330237320 501(C)(3) 50000 Special Opportunities California State University Channel Islands 1 University Dr Camarillo CA 93012 770433230 501(C)(3) 75000 College Success Career Dress 55 W Huron Pontiac MI 48342 473704980 501(C)(3) 10000 Program Support Caring for Kids 237 Eldorado Ave Fircrest WA 98466 273768791 501(C)(3) 10000 Program Support CASA Youth Advocates Inc 26 East Fourth St Media PA 19063 231901080 501(C)(3) 10000 General Support Catholic Charities Fort Worth 249 W Thornhill Dr Fort Worth TX 76115 750808769 501(C)(3) 550000 College Success Center for Work Education & Employment (CWEE) 1175 Osage St Denver CO 80204 742202303 501(C)(3) 10000 Program Support Central Carolina Community Foundation 2711 Middleburg Dr Columbia SC 29204 570793960 501(C)(3) 25000 Special Opportunities Charles Drew University of Medicine and Science 1731 East 120th St Los Angeles CA 90059 956151774 501(C)(3) 50000 Special Opportunities Child Care Answers 1776 N Meridian St Indianapolis IN 46202 350888763 501(C)(3) 25000 Program Support Children's Castle Theater 8442 17th Ave S Bloomington MN 55425 411696284 501(C)(3) 25000 Program Support Children's Museum of Houston 1500 Binz St Houston TX 77004 742178563 501(C)(3) 10000 Program Support City of Los Angeles 630 W 5th St Los Angeles CA 90071 956000735 Government 25000 Program Support Civic Nation 727 15th St NW Washington DC 20005 473576918 501(C)(3) 10000 Special Opportunities Clay Youth Connect via Youth Crisis Center 3015 Parental Home Rd Jacksonville FL 32216 592176287 501(C)(3) 10000 Program Support College Forward 505 E Huntland Dr Austin TX 78752 422003552 501(C)(3) 400000 Education Innovation Ventures College Unbound 325 Public St Providence RI 02905 050485883 501(C)(3) 150000 Career Readiness Community Family Centers 7524 Avenue E Houston TX 77012 741691632 501(C)(3) 10000 Program Support Community Partners 1000 N Alameda St Los Angeles CA 90012 954302067 501(C)(3) 60000 Special Opportunities Como Friends 1225 Estabrook Dr St Paul MN 55103 411943928 501(C)(3) 25000 Program Support Complete College America 429 East Vermont St Indianapolis IN 46202 264789471 501(C)(3) 600000 College Success Coro Southern California 1000 N Alameda St Los Angeles CA 90012 954274561 501(C)(3) 21000 Special Opportunities Council for Adult and Experiential Learning 55 E Monroe St Chicago IL 60603 132890752 501(C)(3) 840703 Career Readiness & Special Opportunities Credential Engine Inc 1730 Rhode Island Ave NW Washington DC 20036 813389623 501(C)(3) 97650 Career Readiness Credit Abuse Resistance Education 66 Canal Center Plaza Alexandria VA 22314 810788458 501(C)(3) 10000 Special Opportunities Dayspring Center 1537 Central Ave Indianapolis IN 46202 351618998 501(C)(3) 25000 Program Support Digital Promise 1001 Connecticut Ave NW Washington DC 20036 452708794 501(C)(3) 150000 Career Readiness Discovery Cube Los Angeles 11800 Foothill Blvd Los Angeles CA 91342 455191270 501(C)(3) 10000 Special Opportunities Downtown On the Go 950 Pacific Ave Tacoma WA 98402 464368609 501(C)(3) 10000 Program Support Education Design Lab 1200 18th st NW Washington DC 20036 464248042 501(C)(3) 1241625 Career Readiness Elevate Oregon 12215 NE Marx St Portland OR 97230 272151955 501(C)(3) 10000 Program Support Emerging Practitioners in Philanthropy (EPIP) 601 West 26th St New York NY 10001 943213100 501(C)(3) 10000 Special Opportunities Emmanuel Pentecostal Church of Hoboken 311 East 1st Ave Roselle NJ 07203 222176713 501(C)(3) 10000 Program Support Ethos Music Center 2 N Killingsworth St Portland OR 97217 911954235 501(C)(3) 10000 Program Support Excelencia in Education 1156 15th St NW Washington DC 20005 200927912 501(C)(3) 800000 College Success Family Promise of Gwinnett County Inc 3495 B Sugarloaf Pkwy Lawrenceville GA 30044 141906067 501(C)(3) 10000 Program Support Fort Worth Hope Center 3625 E Loop 820 S Fort Worth TX 76119 010801061 501(C)(3) 10000 Program Support Foundation for California Community Colleges 1102 Q St Sacramento CA 95811 680412350 501(C)(3) 574978 Career Readiness & Special Opportunities Futures Inc dba Futures Foundation for Volusia County Schools 3750 Olson Dr Daytona Beach FL 32124 592560862 501(C)(3) 10000 Program Support GemStars 2637 Weyburn Rd Columbus OH 43232 823070514 501(C)(3) 10000 Program Support Georgia State University Research Foundation 30 Courtland St SE Atlanta GA 30303 581845423 501(C)(3) 400000 College Success Girls Empowered Mentally for Success PO Box 292814 Tampa FL 33687 202375049 501(C)(3) 10000 Program Support Girlstart 1400 West Anderson Ln Austin TX 78757 311595414 501(C)(3) 10000 Program Support Glow Mentoring Program Inc PO Box 1921 Chesapeake VA 23327 822447697 501(C)(3) 10000 Program Support Good Samaritan Health Center of Gwinnett 5949 Buford Hwy Norcross GA 30071 270080400 501(C)(3) 10000 Program Support GradGuru 1188 Arch St Berkeley CA 94708 454898226 501(C)(3) 450000 College Success Graham Elementary and Middle School 140 E 16th Ave Columbus OH 43201 264350069 Public School 10000 Program Support Greater Wyoming Big Brothers Big Sisters 1010 S 6th St Laramie WY 82070 510188774 501(C)(3) 10000 Program Support Green Dot Public Schools 1149 South Hill St Los Angeles CA 90015 954679811 School District 15000 General Support Greensburg Salem School District 65 Mennel Dr Greensburg PA 15601 251158334 School District 10000 Program Support GSBA Scholarship Fund 400 East Pine Seattle WA 98122 943138514 501(C)(3) 10000 Program Support Hesperia Unified School District 15576 Main St Hesperia CA 92345 930944528 School District 10000 General Support Holly Hill Boys & Girls Club 1044 Daytona Ave Holly Hill FL 32117 593158162 501(C)(3) 10000 Program Support Hope Center for College Community and Justice Temple University 1801 N Broad St Philadelphia PA 19122 231365971 501(C)(3) 525000 College Success Hope House of Colorado 9088 Marshall Ct Westminster CO 80031 841567838 501(C)(3) 10000 Program Support Hopewell Music Cooperative North 4350 Fremont Ave N Minneapolis MN 55412 460547282 501(C)(3) 25000 Program Support Horizon Outreach 256 North Sam Houston Pkwy E Houston TX 77060 010946633 501(C)(3) 10000 Program Support House of Praise International Church 7406 Alban StationCourt Springfield VA 22150 521238767 501(C)(3) 10000 Program Support Immigrants Rising 1000 Broadway Oakland CA 94607 943255070 501(C)(3) 75000 Special Opportunities Indiana Youth Group 3733 N Meridian St Indianapolis IN 46208 351760451 501(C)(3) 25000 Program Support Inglewood Educational Foundation 401 S Inglewood Ave Inglewood CA 90301 954722534 501(C)(3) 70000 Special Opportunities Institute for Educational Leadership 4301 Connecticut Ave NW Washington DC 20008 521198450 501(C)(3) 946419 Career Readiness Institute for Women's Policy Research 1200 18th St NW Washington DC 20036 521549572 501(C)(3) 440000 Career Readiness & Special Opportunities Interfaith-Good Samaritan 710 E Garfield St Laramie WY 82070 830288049 501(C)(3) 10000 Program Support Jacksonville Adventist Academy 4298 Livingston Rd Jacksonville FL 32257 593381699 501(C)(3) 10000 Program Support Jeremiah Program 615 1st Ave NE Minneapolis MN 55413 411801834 501(C)(3) 32500 Career Readiness, Program Support & Spec Opp Jeremiah Program 615 1st Ave NE Minneapolis MN 55413 411801834 501(C)(3) 25000 Program Support Jewish Community Center of Greater Albuquerque 5520 Wyoming Blvd NE Albuquerque NM 87109 850457178 501(C)(3) 10000 General Support Jobs for America's Graduates 1729 King St Alexandria VA 22314 521194546 501(C)(3) 10000 Special Opportunities John Jay College of Criminal Justice Prisoner Reentry Institute 524 W 59th St New York NY 10019 131988190 501(C)(3) 350029 Career Readiness Junior Achievement of Greater Hampton Roads 160 Newtown Rd Virginia Beach VA 23462 540799839 501(C)(3) 10000 Program Support Junior Achievement of the Upper Midwest Inc 1800 White Bear Ave N Maplewood MN 55109 411424988 501(C)(3) 10000 Special Opportunities Just-A-Start Corporation 1035 Cambridge St Cambridge MA 02141 237121174 501(C)(3) 501053 Career Readiness KnowledgeWorks 1 West Fourth St Cincinnati OH 45202 311321973 501(C)(3) 400000 College Success LASA 8956 Gravelly Lake Dr SW Lakewood WA 98499 911470619 501(C)(3) 10000 Program Support Latino Youth Leadership of Orange County 2130 East 4th St Santa Ana CA 92705 815485773 501(C)(3) 10000 General Support Learning Collection Foundation 3900 Crown Rd SW 16709 Atlanta GA 30304 822629892 501(C)(3) 10000 Program Support Lennox School District 10319 Firmona Ave Lennox CA 90304 956001848 501(C)(3) 10000 General Support Linked Learning Alliance 1107 9th St Sacramento CA 95814 473798868 501(C)(3) 75000 Special Opportunities Live Oak Jaguars PO Box 73 Universal City TX 78148 742919490 501(C)(3) 10000 Program Support Lutheran Metropolitan Ministry 4515 Superior Ave Cleveland OH 44103 341043756 501(C)(3) 750000 Career Readiness Management Leadership for Tomorrow 7201 Wisconsin Ave Bethesda MD 20814 521795164 501(C)(3) 75000 College Success MDRC 200 Vesey St New York NY 10281 237379473 501(C)(3) 375000 Career Readiness Minds Matter Twin Cities 4912 Washburn Ave S Minneapolis MN 55410 455415388 501(C)(3) 25000 Program Support Mn Adult & Teen Challenge 740 E 24th St Minneapolis MN 55404 411517351 501(C)(3) 25000 Program Support Multicultural Clinical Center 7424 Evanston Rd Springfield WA 22150 453365333 501(C)(3) 10000 Program Support Nashville Public Education Foundation 1207 18th Ave S Nashville TN 37212 481266314 501(C)(3) 25000 Program Support National Council for Workforce Education 2840 W Bay Dr Belleair Bluffs FL 33770 311449995 501(C)(3) 126720 Career Readiness National Public Radio 1111 North Capitol St NE Washington DC 20002 520907625 501(C)(3) 350000 Special Opportunities New Venture Fund 1201 Connecticut Ave NW Washington DC 20036 205806345 501(C)(3) 1000000 Education Innovation Ventures NORC at the University of Chicago 55 E Monroe St Chicago IL 60603 362167808 501(C)(3) 493560 Career Readiness North Carolina State University 2701 Sullivan Dr Raleigh NC 27695 566000756 State School 2034053 Leadership Collaborative North Columbus Jaycees Buckeye Jaycee Foundation 5905 Beechcroft Rd Columbus OH 43229 474318879 501(C)(3) 10000 Program Support North Valley Community Foundation 240 Main St Chico CA 95928 680161455 501(C)(3) 25000 Special Opportunities Notre Dame High School - Batavia 73 Union St Batavia NY 14020 510201919 School District 25000 Special Opportunities Notre Dame High School of West Haven Inc One Notre Dame Way West Haven CT 06516 060646748 School 25000 Program Support On Point for College 488 W Onondaga St Syracuse NY 13202 161569356 501(C)(3) 100000 College Success Orono Middle School 685 North Old Crystal Bay Rd Long Lake MN 55356 416001403 Public school 10000 General Support Outside the Box 3940 East 56th St Indianapolis IN 46220 412261668 501(C)(3) 25000 Program Support Paul Quinn College 3837 Simpson Stuart Rd Dallas TX 75241 741238438 School 75000 College Success PeerForward 1140 3rd St NE Washington DC 20002 522007028 501(C)(3) 150000 College Success People Incorporated 2060 Centre Pointe Blvd St Paul MN 55120 410962296 501(C)(3) 25000 Program Support People Serving People 614 Third St So Minneapolis MN 55415 411965067 501(C)(3) 25000 Program Support Pikes Peak Community College 5675 South Academy Blvd Colorado Springs CO 80906 742182257 501(C)(3) 10000 Program Support Posse Foundation 515 South Figueroa St Los Angeles CA 90071 133840394 501(C)(3) 50000 Special Opportunities Project 150 3600 N Rancho Dr Las Vegas NV 89130 456645161 501(C)(3) 10000 Program Support Public Policy Institute of California 500 Washington St San Francisco CA 94111 943207299 501(C)(3) 10000 Special Opportunities RAND Corporation 1776 Main St Santa Monica CA 90401 951958142 501(C)(3) 278908 Career Readiness Rayzor Sharp Community Development Foundation 17802 West Little York Rd houston TX 77084 821977187 501(C)(3) 10000 Program Support Regents of the University of Minnesota 321 19th Ave So Carlson School of Management Minneapolis MN 55455 416007513 State School 100000 Special Opportunities Renaissance Academy 5100 Cleveland St Virginia Beach VA 23462 540722075 Public School 10000 Program Support Restore Education 1202 N Flores San Antonio TX 78212 262966263 501(C)(3) 10000 Program Support RVCC 118 Lamington Rd Branchburg NJ 08876 221815636 501(C)(3) 10000 Program Support Sacramento Children's Museum 2701 Prospect Park Dr Rancho Cordova CA 95670 202673935 501(C)(3) 25000 Program Support Sacramento Loaves & Fishes 1351 North C St Sacramento CA 95811 680189897 501(C)(3) 25000 Program Support Saint Anne School 1324 S Main St Santa Ana CA 92707 951968886 501(C)(3) 25000 Program Support San Bernardino City Unified School District Making Hope Happen Foundation 777 North F St San Bernardino CA 92410 330122847 School District 10000 Special Opportunities Sankofa Foundation PO Box 743693 Dallas TX 75374 752684092 501(C)(3) 10000 Program Support Seattle Goodwill Industries 700 Dearborn Pl S Seattle WA 98144 910568708 501(C)(3) 10000 Program Support Sierra Forever Families 8928 Volunteer Ln Sacramento CA 95826 680002878 501(C)(3) 25000 Program Support Single Mom Strong 7525 Auburn Blvd Citrus Heights CA 95610 810917372 501(C)(3) 25000 Program Support Skills for Chicagoland's Future 191 N Wacker Dr Chicago IL 60606 451287418 501(C)(3) 385000 Career Readiness South High Foundation 3131 19th Ave S Minneapolis MN 55407 411506266 501(C)(3) 30000 General Support Southern California Grantmakers 1000 N Alameda St Los Angeles CA 90012 952831058 501(C)(3) 35000 Special Opportunities Southern Scholarship Foundation 322 Stadium Dr Tallahassee FL 32304 590939481 501(C)(3) 499160 College Success Special Olympics Indiana 6200 Technology Center Dr Indianapolis IN 46278 351262574 501(C)(3) 25000 Program Support Station1 89 South St Boston MA 02111 042261109 501(C)(3) 25000 Special Opportunities Stony Point High School Special Education FLC FAC Dept 1801 Tiger Trail Round Rock TX 78664 746002018 501(C)(3) 10000 Program Support Student-Centered Deeper Learning Collaborative 1201 Connecticut Ave NW Washington DC 20036 473681860 501(C)(3) 727600 Teacher and Leader Development Survivors On Purpose PO Box 120992 Arlington TX 76012 484344771 501(C)(3) 10000 Program Support Tennessee College Access and Success Network 1704 Charlotte Ave Nashville TN 37203 454475679 501(C)(3) 10000 Special Opportunities TESSA 435 Gold Pass Height Colorado Springs CO 80906 840746803 501(C)(3) 10000 Program Support The Andrew McDonough B Foundation 101 Rockland Circle Wilmington DE 19803 421741037 501(C)(3) 10000 General Support The Arc Greater Prince William 13505 Hillendale Dr Woodbridge VA 22193 540743298 501(C)(3) 10000 Program Support The Catoctin Foundation dba Loudoun Free Clinic 224A Cornwall St NW Leesburg VA 20176 541921059 501(C)(3) 30000 General Support The Center for Occupational Research and Development (CORD) 4901 Bosque Blvd Waco TX 76710 742077794 501(C)(3) 150000 Career Readiness The Council on Alcohol & Drug Abuse 1249 Empire Central Dr Dallas TX 75247 750808776 501(C)(3) 10000 Program Support The Fathers Foundation Inc 3333 N Illinois Indianapolis IN 46208 462140400 501(C)(3) 25000 Program Support The Forge For Families 3435 Dixie Dr Houston TX 77021 760485959 501(C)(3) 10000 Program Support The Greater Brandon Community Foundation 1210 Millennium Pkwy Brandon FL 33511 900073721 501(C)(3) 10000 Program Support The Learning Centers at Fairplex 1101 W McKinley Ave Pomona CA 91768 954686764 501(C)(3) 50000 Special Opportunities The PourHouse Inc 39 W Jackson Place IMPD Downtown Indianapolis IN 46204 113760897 501(C)(3) 25000 Program Support The Taylor House PO Box 853 Roseville CA 95678 460748514 501(C)(3) 25000 Program Support Triton College 2000 Fifth Ave River Grove IL 60171 362537114 State School 500000 College Success Turning Point of the City 4926 S Miller Way Littleton CO 80217 474084957 501(C)(3) 10000 Program Support UCLA Alumni Affairs 10920 Wilshire Blvd Los Angeles CA 90024 952250801 501(C)(3) 75000 Special Opportunities UCLA Foundation UCLA External Affairs Box 951590 Wilshire Center Los Angeles CA 90095 952250800 501(C)(3) 90000 Program Support & Special Opportunities UCSF Brain Tumor Center 220 Montgomery St San Francisco CA 94101 946036393 501(C)(3) 20000 General Support & Special Opportunities University of North Carolina (UNC) 910 Raleigh Rd General Administration Chapel Hill NC 27515 562180508 School 500000 College Success University of North Carolina Chapel Hill 172 East Franklin St CB Chapel Hill NC 27599 566001393 School 70000 College Success University of Southern California Center for Urban Education 3720 S Flower St Los Angeles CA 90089 951642394 501(C)(3) 300000 College Success Unloop 900 E Pine St Seattle WA 98122 475302622 501(C)(3) 769010 Career Readiness Urban Ventures 2924 4th Ave So Minneapolis MN 55408 363558710 501(C)(3) 10000 Special Opportunities Variety School 2800 E Stewart Ave Las Vegas NV 89101 886000030 501(C)(3) 10000 Program Support Venn Foundation 1127 Barclay St St Paul MN 55106 814476503 501(C)(3) 87500 Education Innovation Ventures Volunteer Fireman Association of Cambria County & Vicinity 292 Ott Rd Patton PA 16668 270227638 501(C)(3) 10000 Program Support Windmill Animal Rescue 350 Main St ElkoNew Market MN 55054 611480957 501(C)(3) 25000 Program Support World Relief Jacksonville 5107 University Blvd W Jacksonville FL 32216 236393344 501(C)(3) 10000 Program Support 192 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. 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. X true true X X X X false true false false true false true false false Richard J Boyle Former Director/CEO/President not paid by Foundation 0 0 0 0 0 16075 0 0 0 0 0 16075 0 16075 Peter J Taylor President & Director, ECMC Foundation 390609 0 80000 0 90072 0 112238 0 8651 0 681570 0 76984 0 Roberta Cooper Ramo Former Director not paid by Foundation 0 75000 0 0 0 0 0 0 0 0 0 75000 0 0 Robert A Stein Former Director not paid by Foundation 0 60000 0 0 0 0 0 0 0 0 0 60000 0 0 John F DePodesta Board Chair not paid by Foundation 0 180500 0 0 0 0 0 0 0 0 0 180500 0 0 James V McKeon Director not paid by Foundation 0 155000 0 0 0 0 0 0 0 0 0 155000 0 0 Jeremy J Wheaton President & CEO ECMC Group, Inc. not paid by Foundation 0 543354 0 200833 0 2717 0 59800 0 29428 0 836132 0 208 Gregory A Van Guilder Former CFO not paid by Foundation 0 372132 0 506000 0 20448 0 69447 0 22875 0 990902 0 18000 Daniel S Fisher General Counsel/Corp Secretary not paid by Foundation 0 306273 0 230949 0 20974 0 48099 0 31006 0 637301 0 7413 Martin A Scanlon CFO & Treasurer not paid by Foundation 0 323571 0 87500 0 212701 0 40326 0 29480 0 693578 0 0 Jennifer E Zeisler Sr Dir, Program Management 147558 0 0 0 6461 0 17884 0 9116 0 181019 0 0 0 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. Richard J Boyle Mr. Boyle is a director and president of a company contracted with ECMC Group, Inc., a related org. 40000 See Description of Transaction in Part V false Schedule L, Part IV, Column (d) Description of Transaction 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. 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. 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 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 false true false false false false false false false false false false false true true true false false false 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.