ECMC FOUNDATION: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: ECMC FOUNDATION (EIN 41-1990628)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-11-13
IRS object ID: 201813179349307996
Schema version: 2017v2.2
Source: Download XML · Original 990 at ProPublica

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

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

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-11-13T19:00:40-06:00	ReturnTs
Tax Period End	2017-12-31	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	2017-01-01	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	2018-11-13	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	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	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	$30,386,184	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	13	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$274,374,500	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$1,306,067	PYInvestmentIncomeAmt
CY Investment Income	$29,504,341	CYInvestmentIncomeAmt
PY Other Revenue	$1,114,092	PYOtherRevenueAmt
CY Other Revenue	$881,843	CYOtherRevenueAmt
PY Total Revenue	$276,794,659	PYTotalRevenueAmt
CY Total Revenue	$30,386,184	CYTotalRevenueAmt
PY Grants And Similar Paid	$27,973,197	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$23,674,677	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,554,958	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,966,821	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,648,771	PYOtherExpensesAmt
CY Other Expenses	$1,737,136	CYOtherExpensesAmt
PY Total Expenses	$31,176,926	PYTotalExpensesAmt
CY Total Expenses	$27,378,634	CYTotalExpensesAmt
PY Revenues Less Expenses	$245,617,733	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$3,007,550	CYRevenuesLessExpensesAmt
Total Assets BOY	$652,335,423	TotalAssetsBOYAmt
Total Assets EOY	$753,325,273	TotalAssetsEOYAmt
Total Liabilities BOY	$13,509,015	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$15,062,500	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$638,826,408	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$738,262,773	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	To inspire and to facilitate improvements that affect educational outcomes, especially among underserved populations, through evidence-based innovation.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	Yes (true)	SignificantChangeInd
Expense	$9,840,827	ExpenseAmt
Grant	$9,836,838	GrantAmt
Revenue	$881,843	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	$5,896,557	ExpenseAmt
Grant	$5,896,557	GrantAmt
Revenue	$0	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	$5,625,000	ExpenseAmt
Grant	$5,625,000	GrantAmt
Revenue	$0	RevenueAmt
Desc	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. Starting in 2018, ECMC Foundation will direct funding into the College Success and the Career Readiness programs.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmt	GrantGrantAmt	RevenueRevenueAmt	DescDesc
$1,751,586	$866,282	$0	Other programs. Miscellaneous programs and activities for the furtherance of educational opportunities through grants, awards and research on the management of educational debt.
$1,450,000	$1,450,000	$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 2017, ECMC Foundation awarded 72 grants under the GO! Program.

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$3,201,586	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$2,316,282	TotalOtherProgSrvcGrantAmt
Total Program Service Expenses	$24,563,970	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
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	6	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	13	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	Yes (true)	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
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 (20 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Peter J Taylor
President & CEO ECMC Foundation	40.0	0.0	Yes (X)	Yes (X)	$564,927	$0	$96,886
John F DePodesta
Board Chair not paid by Foundation	1.0	19.0	Yes (X)		$0	$183,000	$0
ROBERTA COOPER RAMO
DIRECTOR NOT PAID BY FOUNDATION	1.0	13.0	Yes (X)		$0	$138,000	$0
Julia Gouw
Director not paid by Foundation	1.0	6.0	Yes (X)		$0	$123,000	$0
I King Jordan
DIRECTOR NOT PAID BY FOUNDATION	1.0	6.0	Yes (X)		$0	$110,000	$0
James V McKeon
DIRECTOR NOT PAID BY FOUNDATION	1.0	13.0	Yes (X)		$0	$160,000	$0
Jack O'Connell
DIRECTOR NOT PAID BY FOUNDATION	1.0	8.0	Yes (X)		$0	$117,500	$0
Maurice M Salter
DIRECTOR NOT PAID BY FOUNDATION	1.0	9.0	Yes (X)		$0	$140,000	$0
K Paul Singh
Director not paid by Foundation	1.0	7.0	Yes (X)		$0	$101,250	$0
Jeremy J Wheaton
President & CEO ECMC Group, Inc. Not Paid by Foundation	0.0	40.0	Yes (X)		$0	$363,102	$36,780
Daniel S Fisher
General Counsel/Corp Secretary Not Paid by Foundation	0.0	40.0		Yes (X)	$0	$387,888	$68,090
Gregory A Van Guilder
CFO (Until 11-08-17) not paid by Foundation	0.0	40.0		Yes (X)	$0	$606,861	$81,152
Martin A Scanlon
SVP Finance & CFO (effective 11-09-17) Not Paid By Foundation	0.0	40.0		Yes (X)	$0	$400,852	$68,161
Alissa Binner
Office Manager & Executive Assistant	40.0	0			$108,310	$0	$21,877	Yes (X)
Kyle A Miller
Sr Program Director-Teacher Dev & Eval	40.0	0			$242,488	$0	$17,690	Yes (X)
Jennifer E Zeisler
Program Director-Career Readiness	40.0	0			$128,603	$0	$22,406	Yes (X)
Sarah Belnick
Dir Program Management	40.0	0			$109,255	$0	$22,251	Yes (X)
March H Kessler
Former Executive Director	0.0	40.0			$0	$258,565	$14,908		Yes (X)
Richard J Boyle
Former DIRECTOR/CEO/PRESIDENT NOT PAID BY FOUNDATION	0.0	0.0			$0	$15,946	$0		Yes (X)
Robert A Stein
Former Director not paid by Foundation	0.0	0.0			$0	$60,000	$0		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,153,583	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$3,165,964	TotReportableCompRltdOrgAmt
Total Other Compensation	$450,201	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	5	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	Professional Services	ServicesDesc
Compensation	$163,259	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

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	$29,504,341	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	$29,504,341	SecuritiesAmt
Other	$0	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$29,504,341	TotalRevenueColumnAmt
Exclusion	$29,504,341	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Grants awarded and accrued in 2016; cancelled in 2017	813211	$486,800	$486,800
Proceeds from 2015 and 2016 refundable cancelled/overfunded grants	813211	$395,043	$395,043

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	$881,843	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$30,386,184	TotalRevenueColumnAmt
Related Or Exempt Func Income	$881,843	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$29,504,341	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$23,674,677	TotalAmt
Program Services	$23,674,677	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$661,813	TotalAmt
Management And General	$661,813	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$980,390	TotalAmt
Program Services	$490,381	ProgramServicesAmt
Management And General	$490,009	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$117,583	TotalAmt
Program Services	$58,814	ProgramServicesAmt
Management And General	$58,769	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$135,971	TotalAmt
Program Services	$68,011	ProgramServicesAmt
Management And General	$67,960	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$71,064	TotalAmt
Program Services	$35,546	ProgramServicesAmt
Management And General	$35,518	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$50	TotalAmt
Management And General	$50	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$31,427	TotalAmt
Management And General	$31,427	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$520,275	TotalAmt
Management And General	$520,275	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$427,625	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$427,625	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$78,320	TotalAmt
Program Services	$15,368	ProgramServicesAmt
Management And General	$62,952	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,206	TotalAmt
Management And General	$1,206	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$189,278	TotalAmt
Program Services	$154,864	ProgramServicesAmt
Management And General	$34,414	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$365,406	TotalAmt
Management And General	$365,406	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$29,705	TotalAmt
Program Services	$1,898	ProgramServicesAmt
Management And General	$27,807	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$73,849	TotalAmt
Program Services	$60,422	ProgramServicesAmt
Management And General	$13,427	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$10,021	TotalAmt
Management And General	$10,021	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Desc	Miscellaneous Expense	Desc
Total	$9,974	TotalAmt
Program Services	$3,989	ProgramServicesAmt
Management And General	$5,985	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	$27,378,634	TotalAmt
Program Services	$24,563,970	ProgramServicesAmt
Management And General	$2,814,664	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$14,617,115	BOYAmt
EOY	$15,254,583	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$902	BOYAmt
EOY	$734	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$14,103	BOYAmt
EOY	$6,347	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$273,689	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$117,412	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$208,406	BOYAmt
EOY	$156,277	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$637,358,216	BOYAmt
EOY	$733,787,031	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$136,681	BOYAmt
EOY	$4,120,301	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$652,335,423	BOYAmt
EOY	$753,325,273	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$219,981	BOYAmt
EOY	$330,744	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$13,180,027	BOYAmt
EOY	$14,366,780	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$109,007	BOYAmt
EOY	$364,976	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$13,509,015	BOYAmt
EOY	$15,062,500	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$638,826,408	BOYAmt
EOY	$738,262,773	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$638,826,408	BOYAmt
EOY	$738,262,773	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$652,335,423	BOYAmt
EOY	$753,325,273	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$3,007,550	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$96,428,815	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)	$22,680,175	$0
Zenith Education Group Inc
472237488	2	Yes (true)	$4,698,459	$0

Field	Value	IRS element (for citing)
Supported Organizations Total	2	SupportedOrganizationsTotalCnt
Support Sum	$27,378,634	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	$117,412	DepreciationAmt
Book Value	$156,277	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$156,277	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	Investment in ECMC Group Investment Pool	Desc
Book Value	$733,787,031	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$733,787,031	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
Due To ECMC Group, Inc.	$364,347
Due To Educational Credit Management Corporation	$629

Field	Value	IRS element (for citing)
Total Liability	$364,976	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$125,933,000	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$96,428,815	NetUnrealizedGainsInvstAmt
Other Revenue	-$156	OtherRevenueAmt
Revenue Not Reported	$96,428,659	RevenueNotReportedAmt
Revenue Subtotal	$29,504,341	RevenueSubtotalAmt
Other Revenues Not Included	$881,843	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$881,843	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$30,386,184	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$26,497,000	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$209	OtherExpensesIncludedAmt
Expenses Not Reported	$209	ExpensesNotReportedAmt
Expenses Subtotal	$26,496,791	ExpensesSubtotalAmt
Other Expenses Not Included	$881,843	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$881,843	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$27,378,634	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule D, Part XI, Line 2(a) Net unrealized gain on investments	Net unrealized gain on investment in the ECMC Group, Inc. investment pool are $96,428,815.
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, 2017 or 2016. 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 - -156
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements	Grants awarded in 2016 to Zenith Education Group, Inc. for its Campaign for Innovation and to an unaffiliated entity in support of career and technical education and training. The grants were not funded and subsequently cancelled in 2017. The awards were correctly recorded in 2016 as grant liabilities on ECMC Foundation's books. - 486800 Refundable grant proceeds from cancelled and overfunded 2015 and 2016 grants to Zenith Education Group, Inc. for its 2015 and 2016 Campaigns for Innovation. - 395043
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 - 209
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements	Grants awarded in 2016 to Zenith Education Group, Inc. for its Campaign for Innovation and to an unaffiliated entity in support of career and technical education and training. The grants were not funded and subsequently cancelled in 2017. The awards were correctly recorded in 2016 as grant liabilities on ECMC Foundation's books. - 486800 Refundable grant proceeds from cancelled and overfunded 2015 and 2016 grants to Zenith Education Group, Inc. for its 2015 and 2016 Campaigns for Innovation. - 395043

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (140 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt	Address Line2USAddress/AddressLine2Txt	Business Name Line2RecipientBusinessName/BusinessNameLine2Txt
Zenith Education Group Inc
111 Washington Ave So	Minneapolis	MN	55401	472237488	501(c)(3)	$4,698,459	Mission & CFI
About Kidz
11140 Fair Oaks Blvd	Fair Oaks	CA	95628	800683387	501(c)(3)	$25,000	Education Support
Achieving the Dream
8403 Colesville Rd	Silver Spring	MD	20910	271635830	501(c)(3)	$10,000	Sponsorship
Albany County School District Backpack Program
3628 Fort Buford Lane	Laramie	WY	82070	836000355	School District	$25,000	Program Support
Alpha House of Tampa Inc
201 S Tampania Ave	Tampa	FL	33609	592655523	501(c)(3)	$25,000	Career Readiness
Asian and Pacific Islander American Scholarship Fund (APIASF)
2025 M St NW	Washington	DC	20036	571192973	501(c)(3)	$300,000	College Success
Austin Area Urban League Inc
8011-A Cameron Rd	Austin	TX	78754	741890518	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	Education Support
Babies Need Boxes
2233 49th Ave N	Minneapolis	MN	55430	473926384	501(c)(3)	$25,000	Program Support
Baker University
PO Box 65	Baldwin City	KS	66006	480543766	501(c)(3)	$15,000	General Support
Batavia Players Inc
56 Harvester Ave	Batavia	NY	14020	166031626	501(c)(3)	$25,000	Program Support
Big Picture Learning
325 Public St	Providence	RI	02905	050485883	501(c)(3)	$1,085,391	Teacher and Leader Development
Bipartisan Policy Center
1225 I St NW	Washington	DC	20005	731628382	501(c)(3)	$25,000	General Support
Blairsville Support Group Against Drugs
PO Box 293	Blairsville	PA	15717	465068559	501(c)(3)	$10,000	Program Support	456 S Liberty St
Boys & Girls Clubs of Greater Dallas
4816 Worth St	Dallas	TX	75246	751152657	501(c)(3)	$25,000	College Success & Career Readiness
Boys & Girls Clubs of VoluisiaFlagler Counties
101 North Woodland Blvd	Deland	FL	32720	593158162	501(c)(3)	$15,000	Program Support
Boys II Men Inc
4850 Guion Rd	Indianapolis	IN	46254	352133391	501(c)(3)	$25,000	Education Support
Buck Institute for Education
3 Hamilton Landing	Novato	CA	94949	680160429	501(c)(3)	$724,159	Teacher and Leader Development
Burwen Education Foundation
431 Calderon Ave	Mountain View	CA	94041	770560492	501(c)(3)	$10,000	General Support
California Community Foundation
221 S Figueroa St	Los Angeles	CA	90012	953510055	501(c)(3)	$325,000	College Success
California Education Round Table
1430 N St	Sacramento	CA	95814	680251110	501(c)(3)	$15,000	Program Support
Caring for Kids
237 Eldorado Ave	Fircrest	WA	98466	273768791	501(c)(3)	$10,000	Program Support
Carver High School Health Sciences Program - CTAE
55 McDonough Blvd SE	Alanta	GA	30318	586000134	School District	$10,000	Education Support
Centreville Layton School
6201 Kennett Pike	Centreville	DE	19807	510232858	501(c)(3)	$15,000	General Support
Cesar Chavez Committee of Tarrant County
2203 W Greenspoint Ct	Arlington	TX	76001	472577166	501(c)(3)	$25,000	Program Support
City Year
287 Columbus Ave	Boston	MA	02116	222882549	501(c)(3)	$25,000	General Support
Civic Nation
1120 G St NW	Washington	DC	20009	473576918	501(c)(3)	$300,000	College Success
Cocoon House
2929 Pine St	Everett	WA	98201	472577166	501(c)(3)	$25,000	Program Support
College Mentors for Kids Inc
212 West 10th St	Indianapolis	IN	46202	352002052	501(c)(3)	$25,000	Program Support
CollegeSpring
800 S Figueroa St	Los Angeles	CA	90017	270920698	501(c)(3)	$75,000	College Success
Colorado Youth for a Change
2490 W 26th Ave	Denver	CO	80211	202501002	501(c)(3)	$15,000	Program Support
Communities In Schools of Tacoma
2141 S J St	Tacoma	WA	98405	912138848	501(c)(3)	$10,000	Program Support
Community Life Line Christian Church
3929 Millersville Rd	Indianapolis	IN	46205	351489090	501(c)(3)	$25,000	Program Support
Community Partners
1000 North Alameda St	Los Angeles	CA	90012	954302067	501(c)(3)	$55,000	Research
Coro Southern California
1000 N Alameda St	Los Angeles	CA	90012	954274561	501(c)(3)	$10,000	Sponsorship
Credit Abuse Resistance Education (CARE)
66 Canal Center Plaza	Alexandria	VA	22314	810788458	501(c)(3)	$10,000	Program Support
Da Vinci Schools
201 N Douglas St	El Segundo	CA	90245	263405843	501(c)(3)	$356,457	Teacher and Leader Development
David Starr Jordan High School
6500 Atlantic Ave	Long Beach	CA	90805	956001886	School	$25,000	Program Support
Dayspring Center Family Emergency Shelter
PO Box 44105	Indianapolis	IN	46244	351618998	501(c)(3)	$25,000	Program Support	1537 Central Ave
Detroit Recovery Project Inc
1121 E McNichols	Detroit	MI	48203	432078767	501(c)(3)	$25,000	Program Support
DMP Ministries Inc
40 Cypress Creek Parkway	Houston	TX	77090	900138181	501(c)(3)	$20,000	Program Support
Duval MycroSchool
1584 Normandy Village Parkway	Jacksonville	FL	32221	273625492	501(c)(3)	$10,000	Program Support
Each One Teach One
815 El Monte Boulevard	San Antonio	TX	78201	383813982	501(c)(3)	$25,000	Program Support
Ed Source
436 14th St	Oakland	CA	94612	942434900	501(c)(3)	$50,000	Program Support
Educational Opportunity Center
2801 Turnpike Rd	Portsmouth	VA	23707	546001517	School	$25,000	Program Support
EdVisions Schools Inc
1667 Snelling Ave N	St Paul	MN	55108	411983677	501(c)(3)	$730,000	Teacher and Leader Development
Embracing Legacy Inc
5201 N Armenia Ave	Tampa	FL	33603	453354344	501(c)(3)	$25,000	Program Support
Emerging Practitioners in Philanthropy (EPIP)
601 West 26th St	New York	NY	10001	943213100	501(c)(3)	$10,000	Education Support
Escoffier School of Culinary Arts
2800 West Higgins Rd	Hoffman Estates	IL	60169	811104965	501(c)(3)	$30,000	Research
Excelencia in Education
1156 15th St NW	Washington	DC	20005	200927912	501(c)(3)	$144,145	College Success
Fairytale Town
3901 Land Park Dr	Sacramento	CA	95822	941669088	501(c)(3)	$25,000	Program Support
Fathers and Families Research Resource Center dba Fathers and Families Cent
2835 North Illinois St	Indianapolis	IN	46208	352069047	501(c)(3)	$25,000	Program Support		er
FL Lions Conklin Center for the Blind
405 White St	Daytona Beach	FL	32114	237377066	501(c)(3)	$25,000	Program Support
Foundation for California Community Colleges
1102 Q St	Sacramento	CA	95811	680412350	501(c)(3)	$249,912	College Success
Foundation for Fairfax County Public Schools
8115 Gatehouse Rd	Falls Church	VA	22042	364674229	501(c)(3)	$30,000	General Support
Friends of Joshua House Foundation Inc
PO Box 26333	Tampa	FL	33623	200597719	501(c)(3)	$25,000	Program Support
Futures Inc dba FUTURES Foundation for Volusia County Schools
3750 Olson Dr	Daytona Beach	FL	32124	592560862	501(c)(3)	$10,000	Education Support
Genesys Works
14400 Memorial Dr	Houston	TX	77079	030440761	501(c)(3)	$405,000	College Success & Program Support
Girls Empowered Mentally for Success
PO Box 292814	Tampa	FL	33687	202375049	501(c)(3)	$25,000	Program Support
Girls Inc of the Pacific Northwest
4800 SW Macadam	Portland	OR	97239	542073930	501(c)(3)	$25,000	College Success & Career Readiness
Golden Generations Inc
2900 Pallanza Dr South	St Petersburg	FL	33705	232624207	501(c)(3)	$25,000	Program Support
Graduate NYC
16 Court St	Brooklyn	NY	11241	131988190	501(c)(3)	$275,000	College Success
Graham Expeditionary Middle School
140 E 16th Ave	Columbus	OH	43201	264350069	School	$25,000	Education Support
Grantmakers for Education
851 SW 6th Ave	Portland	OR	97239	330919329	501(c)(3)	$10,000	General Support
Greater Houston Community Foundation
5120 Woodway Dr	Houston	TX	77056	237160400	501(c)(3)	$10,000	Program Support
Greenbrier High School
Cunniff Dr	Greenbrier	TN	37073	626000810	School	$25,000	Education Support
Guilford College
5800 West Friendly Ave	Greensboro	NC	27410	560529982	501(c)(3)	$15,000	General Support
Healing Women of Atlanta Inc
1755 The Exchange SE	Atlanta	GA	30339	462626164	501(c)(3)	$25,000	Organizational Capacity Building
Hempfield Area School District
Hempfield Area School District	Greensburg	PA	15601	256003843	School District	$10,000	Education Support	4347 Route 136
High School Inc Academies Foundation
365 Clinton St	Costa Mesa	CA	92626	453003419	501(c)(3)	$25,000	Program Support
Hmong Museum
1126 Cumberland St	St Paul	MN	55117	471620897	501(c)(3)	$25,000	Organizational Capacity Building
Hope Children's Home
11415 Hope International Dr	Tampa	FL	33625	620879012	501(c)(3)	$20,000	Program Support
Houston Food Bank
535 Portwall	Houston	TX	77029	742181456	501(c)(3)	$10,000	Program Support
I Have A Dream Foundation LA
3580 Wilshire Blvd	Los Angeles	CA	90010	954089758	501(c)(3)	$30,000	Program Support
Ilisagvik College
100 Stevenson St	Barrow	AK	99723	920158414	501(c)(3)	$120,000	Career Readiness
Impact Teen Drivers
2210 21st St	Sacramento	CA	95818	260595165	501(c)(3)	$10,000	General Support
Indiana University - Lilly Family School of Philanthropy
University Hall	Indianapolis	IN	462025146	356001673	State School	$10,000	General Support	301 N University Blvd
Indiana Youth Group
PO Box 20716	Indianapolis	IN	462200716	351760451	501(c)(3)	$25,000	Program Support
Indianapolis Public SchoolsMarion County Jail School
120 East Walnut St	Indianapolis	IN	46204	356002486	School District	$25,000	Program Support	40 South Alabama St
Innovate Educate
422 Old Santa Fe Trail	Santa Fe	NM	87501	263205739	501(c)(3)	$615,000	Career Readiness
Institute for Higher Education Policy
1825 K St NW	Washington	DC	20006	521818907	501(c)(3)	$715,000	Career Readiness
Jeremiah Program
615 1st Ave NE	Minneapolis	MN	55413	411801834	501(c)(3)	$525,000	Career Readiness & Program Support
Jobs for America's Graduates
1729 King St	Alexandria	VA	22314	521194546	501(c)(3)	$10,000	Sponsorship
Jobs for the Future
88 Broad St	Boston	MA	02110	061164568	501(c)(3)	$500,000	College Success
Just Us Girls Inc
1693 Washington Rd	East Point	GA	30344	260444388	501(c)(3)	$10,000	General Support
LeadersUp
830 Traction Ave	Los Angeles	CA	90013	462606773	501(c)(3)	$75,000	Career Readiness
Learning Alliance New Mexico
722 Isleta Blvd SW	Albuquerque	NM	87105	311815692	501(c)(3)	$150,000	Teacher and Leader Development
Lien Doan Huong Viet
3521 Almond St	Irvine	CA	92606	262696258	501(c)(3)	$25,000	Program Support
Lucy Laney School
1250 West Broadway	Minneapolis	MN	55411	410851980	School	$25,000	Program Support
Mathematics Engineering Science Achievement
300 Lakeside Dr	Oakland	CA	94612	943067788	501(c)(3)	$10,000	Sponsorship
Metropolitan Ministries
2002 N Florida Ave	Tampa	FL	33602	591477007	501(c)(3)	$25,000	Program Support
Minds Matter of the Twin Cities Inc
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
National Academies of Science Engineering and Medicine (NAS)
500 Fifth St NW	Washington	DC	20001	530196932	501(c)(3)	$250,000	College Success
New Mexico Wildlife Center Inc
19 Wheat St	Espanola	NM	87532	850346210	501(c)(3)	$50,000	General Support
New Tech Network
1250 Main St	Napa	CA	94559	270845123	501(c)(3)	$2,578,993	Teacher and Leader Development
Notre Dame High School
One Norte Dame Way	West Haven	CT	06516	060646748	School	$25,000	Program Support
One Million Degrees
226 W Jackson	Chicago	IL	60606	421710230	501(c)(3)	$542,000	College Success & Career Readiness
Opportunity Network
85 Broad St	New York	NY	10004	431984494	501(c)(3)	$400,000	College Success
PACE Center for Girls Clay
1241 Blanding Blvd	Orange Park	FL	32065	592414492	501(c)(3)	$15,000	Program Support
Pat Brown Institute for Public Affairs
5151 State University Dr	Los Angeles	CA	90032	954016653	501(c)(3)	$15,000	Sponsorship
People Serving People
614 Third St South	Minneapolis	MN	55415	411965067	501(c)(3)	$25,000	Program Support
PG HS NASA First Robotics Team
9531 Bradshaw Rd	Elk Grove	CA	95624	208381135	School	$25,000	Education Support
Pikes Peak Library District Foundation
1175 Chapel Hills Dr	Colorado Springs	CO	80920	113690724	501(c)(3)	$10,000	Education Support
PolicyWorks Inc
4220 Natural Bridge Rd	Tallahassee	FL	32305	800637699	501(c)(3)	$10,000	Career Readiness
Project 150
3600 N Rancho Dr	Las Vegas	NV	89130	456645161	501(c)(3)	$20,000	Education Support
Public Policy Institute of California
500 Washington St	San Francisco	CA	94111	943207299	501(c)(3)	$636,456	Career Readiness & Sponsorship
Ready to Work Business Collaborative
6 W 48th St	New York	NY	10036	133615533	501(c)(3)	$80,000	Career Readiness
Sacramento Children's Museum
2701 Prospect Park Dr	Rancho Cordova	CA	95670	202673935	501(c)(3)	$25,000	Program Support
San Bernardino Unified School District
Making Hope Happen Foundation	San Bernardino	CA	92410	330122847	School District	$10,000	Program Support	777 North F St
Santa Ana Unified School District
1601 East Chestnut Ave	Santa Ana	CA	92701	956002823	School District	$10,000	Education Support
Schools on Wheels (CA)
PO Box 23371	Ventura	CA	93002	954422640	501(c)(3)	$25,000	General Support
Sierra Forever Families
8928 Volunteer Lane	Sacramento	CA	95826	680002878	501(c)(3)	$25,000	Program Support
Single Mom Strong Inc
4786 Bucknell Ct	Sacramento	CA	95841	810917372	501(c)(3)	$25,000	Program Support
Skills for Chicagoland's Future
191 N Wacker Dr	Chicago	IL	60606	451287418	501(c)(3)	$50,000	Career Readiness
Smart Beginnings Greater Prince William (SBGPW)
PO Box 389	Manassas	VA	20108	541498824	501(c)(3)	$25,000	Program Support
So Others Might Eat (SOME) Inc
71 O St NW	Washington	DC	20001	237098123	501(c)(3)	$100,000	Career Readiness
Southern California Grantmakers
1000 North Alameda St	Los Angeles	CA	90012	952831058	501(c)(3)	$25,000	Education Support
St Joan Antida High School
1341 North Cass St	Milwaukee	WI	53202	391570748	School	$10,000	Education Support
The Campaign for College Opportunity
1149 S Hill St	Los Angeles	CA	90015	200427622	501(c)(3)	$10,000	Program Support
The Center for Occupational Research and Development (CORD)
4901 Bosque Blvd	Waco	TX	76710	742077794	501(c)(3)	$959,993	Career Readiness
The College and Community Fellowship
475 Riverside Dr	New York	NY	10115	311720017	501(c)(3)	$150,000	Career Readiness
The Lift Community Development Corporation
925 Payne Ave	St Paul	MN	55130	204130979	501(c)(3)	$25,000	Career Readiness
The University Innovation Alliance
For A New American University	Tempe	AZ	85281	866051042	501(c)(3)	$600,000	College Success	300 E University Dr
The Vera Institute of Justice
233 Broadway	New York	NY	10279	131941627	501(c)(3)	$750,000	Career Readiness
uAspire
39 Milk St	Boston	MA	02109	461314848	501(c)(3)	$450,000	College Success
UCLA Foundation
10920 Wilshire Blvd	Los Angeles	CA	90024	952250801	501(c)(3)	$30,000	Program Support
United States Veterans Initiative (US Vets)
800 West 6th St	Los Angeles	CA	90017	954382752	501(c)(3)	$10,000	Program Support
University of Alaska
3211 Providence Dr	Anchorage	AK	99508	237394620	State School	$600,000	College Success
University of Southern California Pullias Center for Higher Education
3720 S Flower St	Los Angeles	CA	90089	951642394	501(c)(3)	$300,000	College Success
USC Rossier School of Education
3470 Trousdale Pkwy	Los Angeles	CA	900890031	951642394	501(c)(3)	$75,000	Program Support	Waite Phillips Hall
WestEd (Formerly Carnegie Foundation)
4665 Lampson Ave	Los Alamitos	CA	90720	131623924	501(c)(3)	$500,000	College Success
WEUAS
710 S Myrtle Ave	Monrovia	CA	91016	471011157	501(c)(3)	$10,000	Education Support
Wheeler Avenue Christian Academy
3810 Ruth St	Houston	TX	77004	300399943	501(c)(3)	$25,000	Program Support
Wilder Child Development CenterAmherst H Wilder Foundation
451 N Lexington Parkway N	St Paul	MN	55104	410693889	501(c)(3)	$25,000	General Support
Women's Resource Agency
750 Citadel Dr E	Colorado Springs	CO	80909	840747154	501(c)(3)	$15,000	Career Readiness
World Education Inc
44 Farnsworth St	Boston	MA	02210	131804349	501(c)(3)	$149,930	Career Readiness
Young Life - BroomfieldAdams County
13125 Shoshone St	Westminster	CO	80234	840385934	501(c)(3)	$10,000	Program Support
YouthBuild Newark
571 Central Ave	Newark	NJ	07107	753187358	501(c)(3)	$15,000	Program Support
ZOI Wholeness
PO Box 5506	Somerset	NJ	08875	473489994	501(c)(3)	$10,000	Program Support

Field	Value	IRS element (for citing)
Total501c3 Org	140	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	Yes (true)	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 (12 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
Peter J Taylor
President & CEO ECMC Foundation	$560,403	$0	$0	$0	$4,524	$0	$88,246	$0	$8,640	$0	$661,813	$0	$0	$0
Richard J Boyle
Former DIRECTOR/CEO/PRESIDENT NOT PAID BY FOUNDATION	$0	$0	$0	$0	$0	$15,946	$0	$0	$0	$0	$0	$15,946	$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	$183,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$183,000	$0	$0
James V McKeon
DIRECTOR NOT PAID BY FOUNDATION	$0	$160,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$160,000	$0	$0
Jeremy J Wheaton
President & CEO ECMC Group, Inc. Not Paid by Foundation	$0	$167,451	$0	$100,000	$0	$95,651	$0	$24,869	$0	$11,911	$0	$399,882	$0	$0
Daniel S Fisher
General Counsel/Corp Secretary Not Paid by Foundation	$0	$310,966	$0	$75,000	$0	$1,922	$0	$38,013	$0	$30,077	$0	$455,978	$0	$0
Gregory A Van Guilder
CFO (Until 11-08-17) not paid by Foundation	$0	$453,964	$0	$150,000	$0	$2,897	$0	$52,623	$0	$28,529	$0	$688,013	$0	$0
Martin A Scanlon
SVP Finance & CFO (effective 11-09-17) Not Paid By Foundation	$0	$250,606	$0	$148,750	$0	$1,496	$0	$38,775	$0	$29,386	$0	$469,013	$0	$0
March H Kessler
Former Executive Director	$0	$102,254	$0	$46,233	$0	$110,078	$0	$8,968	$0	$5,940	$0	$273,473	$0	$0
Kyle A Miller
Sr Program Director-Teacher Dev & Eval	$153,391	$0	$1,663	$0	$87,434	$0	$9,369	$0	$8,321	$0	$260,178	$0	$0	$0
Jennifer E Zeisler
Program Director-Career Readiness	$121,294	$0	$0	$0	$7,309	$0	$13,545	$0	$8,861	$0	$151,009	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (6 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 4a Severance or change-of-control payment	The following received a severance payment in 2017: March H. Kessler - $107,475. Kyle A. Miller - $85,860.
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 2017, 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 $50,746. ECMC Holdings Corporation, a wholly owned subsidiary of ECMC Group, Inc., a related organization, maintains a supplemental nonqualified retirement plan described in section 457(f) to attract and retain employees, typically in management positions. In 2017, Martin A. Scanlon participated in the 457(f) plan, and received an employer contribution of $8,175.
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	$155,000	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.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (15 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part III, Line 3 Significant changes in program services	In December 2017, ECMC Foundation made the decision to close out the Teacher and Leader Development program. Starting in 2018, ECMC Foundation will direct funding into the College Success and the Career Readiness programs.
Form 990, Part III, Line 4d Description of other program services	(Expenses $ 1,751,586 including grants of $ 866,282)(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 $ 1,450,000 including grants of $ 1,450,000)(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 2017, ECMC Foundation awarded 72 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 whistleblower telephone hotline and website administered by an outside vendor. 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 CEO and Director of Corporate Compliance. 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 2017, 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 a written 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 2017, 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 a written 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 Stein, a former Director, had a consulting agreement in 2017.
Form 990, Part X, Line 12 Investments-Other Securities	Investments-other securities of $733,787,031 are held in the ECMC Group, Inc. Investment Pool. Investments in ECMC Group, Inc. investment pool represent an ownership interest in the investment pool managed by ECMC Group, 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 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 the pooled funds of ECMC Group, Inc. is to diversify risk and provide a return that satisfies the short- and long-term objectives of ECMC Foundation. The investment pool has unfunded commitments of $110,884,996 in alternative investments and $9,175,372 in mission related direct investments. ECMC Foundation has no unfunded commitments to the pool at December 31, 2017.
Form 990, Part XI, Line 5 Net unrealized gains on investments	Net unrealized gains on investment in the ECMC Group, Inc. investment pool are $96,428,815.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 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

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	Yes (true)	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)	$194,793 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	$256,326 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)	$4,698,459 grants awarded by ECMC Foundation to Zenith Education Group, Inc. to provide $247,502 for the Zenith Campaign for Innovation which is designed to elicit creative ideas about how to support students' success and $4,450,957 for other 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)	$56,863 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 1q Reimbursement Paid by Related Organization(s) for Expenses	$236,516 Reimbursement Paid by Zenith Education Group, Inc. for Expenses.