ECMC FOUNDATION: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: ECMC FOUNDATION (EIN 41-1990628)
Tax period: 2015-01-01 to 2015-12-31
Filed: 2016-11-14
IRS object ID: 201613199349305066
Schema version: 2015v2.1
Source: Download XML · Original 990 at ProPublica

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

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

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-11-14T13:00:44-06:00	ReturnTs
Tax Period End	2015-12-31	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	2015-01-01	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 Avenue South 1400	AddressLine1Txt
City	Minneapolis	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55401	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Gregory Van Guilder	PersonNm
Person Title	CFO	PersonTitleTxt
Signature	2016-11-10	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	2015	TaxYr
Build TS	2017-02-10 21:41:12Z	BuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

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

US Address USAddress

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

Field	Value	IRS element (for citing)
Gross Receipts	$115,486,032	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 outcome of underserved youth through evidence-based innovation.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	8	VotingMembersIndependentCnt
Total Employee	16	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$151,100,000	PYContributionsGrantsAmt
CY Contributions Grants	$115,479,049	CYContributionsGrantsAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$233,024	PYInvestmentIncomeAmt
CY Investment Income	$6,983	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$151,333,024	PYTotalRevenueAmt
CY Total Revenue	$115,486,032	CYTotalRevenueAmt
PY Grants And Similar Paid	$788,141	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$14,357,603	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,594,482	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,418,779	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,097,253	PYOtherExpensesAmt
CY Other Expenses	$1,566,494	CYOtherExpensesAmt
PY Total Expenses	$3,479,876	PYTotalExpensesAmt
CY Total Expenses	$17,342,876	CYTotalExpensesAmt
PY Revenues Less Expenses	$147,853,148	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$98,143,156	CYRevenuesLessExpensesAmt
Total Assets BOY	$267,688,474	TotalAssetsBOYAmt
Total Assets EOY	$365,977,174	TotalAssetsEOYAmt
Total Liabilities BOY	$1,199,285	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$7,075,548	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$266,489,189	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$358,901,626	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	To inspire and to facilitate improvements that affect educational outcomes - especially among underserved populations - through evidence-based innovation.	MissionDesc
Significant New Program Srvc	Yes (true)	SignificantNewProgramSrvcInd
Significant Change	Yes (true)	SignificantChangeInd
Expense	$6,475,761	ExpenseAmt
Grant	$6,475,761	GrantAmt
Revenue	$0	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 high-quality credentials-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	$3,497,000	ExpenseAmt
Grant	$3,497,000	GrantAmt
Revenue	$0	RevenueAmt
Desc	College Readiness and Retention. 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 will fund 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 will also support 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	$2,744,958	ExpenseAmt
Grant	$2,744,958	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 will focus 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.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmt	GrantGrantAmt	RevenueRevenueAmt	DescDesc
$1,309,924	$1,309,924	$0	GO! Program. Generating Outcomes (GO!): Funding education innovation in our communities is an ECMC Foundation corporate initiative to fund ideas and partnerships that can be examined for effectiveness in our local communities. To qualify for payment of a GO! Program grant, the awarded recipient must be a third-party non-profit 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 2015, ECMC Foundation awarded 21 grants under the GO! Program.
$479,107	$329,960	$0	Other programs. Miscellaneous programs and activities for the furtherance of educational opportunities through grants, awards and research on the management of educational debt.

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$1,789,031	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$1,639,884	TotalOtherProgSrvcGrantAmt
Total Program Service Expenses	$14,506,750	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	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	Yes (true)	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	Yes (true)	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	13	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	16	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	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
States Where Copy Of Return Is Fld	NM	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MN	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	Gregory Van Guilder	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6512210566	PhoneNum

US Address USAddress

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

Form990 Part VII Section A Form990PartVIISectionAGrp (17 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	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
PETER TAYLOR
President & Director	41.0	0.0	Yes (X)	Yes (X)	$461,040	$0	$68,387
DAVID HAWN
Group CEO & Director Not Paid by Foundation	0.0	61.0	Yes (X)		$0	$1,018,467	$101,323
JOHN DEPODESTA
Board Chair not paid by Foundation	1.0	20.0	Yes (X)		$0	$189,638	$0
GARY COOK
DIRECTOR NOT PAID BY FOUNDATION	1.0	10.0	Yes (X)		$0	$140,388	$0
Julia Gouw
Director not paid by Foundation	1.0	6.0	Yes (X)		$0	$54,000	$0
I KING JORDAN
DIRECTOR NOT PAID BY FOUNDATION	1.0	7.0	Yes (X)		$0	$105,000	$0
JAMES MCKEON
DIRECTOR NOT PAID BY FOUNDATION	1.0	14.0	Yes (X)		$0	$160,000	$0
JACK O'CONNELL
DIRECTOR NOT PAID BY FOUNDATION	1.0	9.0	Yes (X)		$0	$102,500	$0
ROBERTA COOPER RAMO
DIRECTOR NOT PAID BY FOUNDATION	2.0	12.0	Yes (X)		$0	$124,250	$0
MAURICE SALTER
DIRECTOR NOT PAID BY FOUNDATION	1.0	12.0	Yes (X)		$0	$130,496	$0
GREGORY VAN GUILDER
CFO NOT PAID BY FOUNDATION	0.0	57.0		Yes (X)	$0	$884,417	$92,437
DANIEL FISHER
SECRETARY/GENERAL COUNSEL NOT PAID BY FOUNDATION	0.0	54.0		Yes (X)	$0	$591,979	$70,788
MARCH KESSLER
EXECUTIVE DIRECTOR	5.0	38.0			$22,208	$171,194	$32,022	Yes (X)
VICKI WHEBBE
Mgr Student Success & Training	5.0	37.0			$35,121	$86,900	$29,547		Yes (X)
ALISSA BINNER
Executive Assistant - LA Office	44.0	0			$100,070	$0	$20,423		Yes (X)
ROBERT STEIN
Former Director not paid by Foundation	0.0	0.0			$0	$50,000	$0			Yes (X)
RICHARD BOYLE
Former DIRECTOR/CEO/PRESIDENT NOT PAID BY FOUNDATION	0.0	0.0			$0	$17,422	$0			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$618,438	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$3,826,651	TotReportableCompRltdOrgAmt
Total Other Compensation	$414,926	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	8	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Related Organizations	$115,479,049	RelatedOrganizationsAmt
Noncash Contributions	$100,000,000	NoncashContributionsAmt
Total Contributions	$115,479,049	TotalContributionsAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

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

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

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,983	TotalRevenueColumnAmt
Exclusion	$6,983	ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

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

Gain Or Loss GainOrLossGrp

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

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	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$115,486,032	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$6,983	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$14,352,043	TotalAmt
Program Services	$14,352,043	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$5,560	TotalAmt
Program Services	$5,560	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$848,204	TotalAmt
Program Services	$54,230	ProgramServicesAmt
Management And General	$793,974	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$456,373	TotalAmt
Program Services	$17,026	ProgramServicesAmt
Management And General	$439,347	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$37,967	TotalAmt
Program Services	$509	ProgramServicesAmt
Management And General	$37,458	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$49,393	TotalAmt
Program Services	$14,778	ProgramServicesAmt
Management And General	$34,615	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$26,842	TotalAmt
Program Services	$3,521	ProgramServicesAmt
Management And General	$23,321	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$171	TotalAmt
Program Services	$7	ProgramServicesAmt
Management And General	$164	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$28,195	TotalAmt
Program Services	$18	ProgramServicesAmt
Management And General	$28,177	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$316,059	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$316,059	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$801,676	TotalAmt
Program Services	$15,680	ProgramServicesAmt
Management And General	$785,996	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$74,177	TotalAmt
Program Services	$2,952	ProgramServicesAmt
Management And General	$71,225	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$6,133	TotalAmt
Program Services	$347	ProgramServicesAmt
Management And General	$5,786	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$101,139	TotalAmt
Program Services	$15,167	ProgramServicesAmt
Management And General	$85,972	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$117,893	TotalAmt
Program Services	$4,663	ProgramServicesAmt
Management And General	$113,230	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$31,618	TotalAmt
Program Services	$15,798	ProgramServicesAmt
Management And General	$15,820	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$62,741	TotalAmt
Program Services	$3,298	ProgramServicesAmt
Management And General	$59,443	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$25,346	TotalAmt
Program Services	$1,153	ProgramServicesAmt
Management And General	$24,193	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

Field	Value	IRS element (for citing)
Desc	Miscellaneous Expense	Desc
Total	$1,346	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$1,346	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	$17,342,876	TotalAmt
Program Services	$14,506,750	ProgramServicesAmt
Management And General	$2,836,126	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,396,808	BOYAmt
EOY	$12,655,239	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$6,410,000	BOYAmt
EOY	$0	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
EOY	$700	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)
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

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

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
EOY	$9,005	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$273,689	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$12,627	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$261,062	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$259,789,618	BOYAmt
EOY	$353,051,168	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$92,048	BOYAmt
EOY	$0	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$267,688,474	BOYAmt
EOY	$365,977,174	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$340,567	BOYAmt
EOY	$279,086	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$837,247	BOYAmt
EOY	$6,471,473	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$21,471	BOYAmt
EOY	$324,989	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,199,285	BOYAmt
EOY	$7,075,548	EOYAmt

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

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$259,452,970	BOYAmt
EOY	$358,901,626	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$7,036,219	BOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$266,489,189	BOYAmt
EOY	$358,901,626	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$267,688,474	BOYAmt
EOY	$365,977,174	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$98,143,156	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$1,299,500	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$7,030,219	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
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

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)	$13,451,065	$0
Zenith Education Group Inc
472237488	2	Yes (true)	$3,891,811	$0

Field	Value	IRS element (for citing)
Supported Organizations Total	2	SupportedOrganizationsTotalCnt
Support Sum	$17,342,876	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	Yes (true)	OrganizationChangeSuprtOrgInd
Supported Org Class Designated	Yes (true)	SupportedOrgClassDesignatedInd
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

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule A, Part IV, Section A, Line 5a Added, Substituted, or Removed Sup. Org.	FormAndLineReferenceDesc
Explanation	ZENITH EDUCATION GROUP, INC., A 501(C)(3) ORGANIZATION (FEIN 47-2237488) PROVIDING POSTSECONDARY CAREER EDUCATION INSTRUCTION AND SERVICES, WAS added as a supporting organization to ECMC Foundation organizing documents on July 22, 2015.	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$273,689	OtherCostOrOtherBasisAmt
Depreciation	$12,627	DepreciationAmt
Book Value	$261,062	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$261,062	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	Investment in ECMC Group Investment Pool	Desc
Book Value	$353,051,168	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$353,051,168	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
Due To ECMC Group, Inc.
Due To Educational Credit Management Corporation	$324,989

Field	Value	IRS element (for citing)
Total Liability	$324,989	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$116,785,532	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$1,299,500	NetUnrealizedGainsInvstAmt
Other Revenue	$0	OtherRevenueAmt
Revenue Not Reported	$1,299,500	RevenueNotReportedAmt
Revenue Subtotal	$115,486,032	RevenueSubtotalAmt
Other Revenues Not Included	$0	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$115,486,032	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$17,342,876	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$0	OtherExpensesIncludedAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$17,342,876	ExpensesSubtotalAmt
Other Expenses Not Included	$0	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$17,342,876	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule D, Part XI, Line 2(a) Net unrealized losses on investments

Net unrealized losses on investment in the ECMC Group, Inc. investment pool are $1,299,500.

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 for contingencies 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, 2015 or 2014. ECMC Foundation's tax returns are subject to review and examination by federal and state authorities. The tax returns for the current year, as well as fiscal years 2012 through 2014, are open to examination by federal and state authorities."

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (58 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt	Address Line2USAddress/AddressLine2Txt
WESTERN OREGON UNIVERSITY
345 MONMOUTH AVE N	MONMOUTH	OR	97361	472887845	State School	$25,000	Education Grant
ZENITH EDUCATION GROUP INC
111 Washington Avenue South	Minneapolis	MN	55401	472237488	501(c)(3)	$3,891,811	Mission / Campaign for Innovation	Suite 1400
URBAN VENTURES
2924 4TH AVE SOUTH	MINNEAPOLIS	MN	55408	363558710	501(c)(3)	$30,000	General Support
UNIVERSITY OF NEW MEXICO
1 UNIVERSITY OF NEW MEXICO	ALBUQUERQUE	NM	87131	856000642	501(c)(3)	$1,303,758	Teacher Training/Development and Education Grant
UNITED WAY OF GREATER LOS ANGELES
1150 SOUTH OLIVE STREET	LOS ANGELES	CA	90015	952274801	501(c)(3)	$20,000	General Support	SUITE T500
UASPIRE INC
31 MILK STREET SUITE 900	BOSTON	MA	02109	461314848	501(c)(3)	$450,000	College Readiness
UNIVERSITY OF CALIFORNIA IRVINE
UNIVERSITY OF CA IRVINE - CDT	IRVINE	CA	92697	952226406	501(c)(3)	$32,450	Education Grant	220 SB2 BUILDING 221
THE UCLA FOUNDATION
10920 WILSHIRE BLVD	LOS ANGELES	CA	90024	956006143	501(c)(3)	$45,000	Program Support & Sponsorship	SUITE 1100
THE BIG PICTURE COMPANY
325 PUBLIC STREET	PROVIDENCE	RI	02905	050485883	501(c)(3)	$1,392,600	Teacher Training / Development
SOCIAL JUSTICE LEARNING INSTITUTE
600 CENTINELA AVENUE	INGLEWOOD	CA	903022412	263413373	501(c)(3)	$10,000	College Readiness
SCHOOL ON WHEELS INC
83 SOUTH PALM STREET	VENTURA	CA	93001	954422640	501(c)(3)	$10,000	Education Grant
PARKINSON'S DISEASE FOUNDATION INC
1359 BROADWAY ST	NEW YORK	NY	10018	131866796	501(c)(3)	$30,000	General Support	SUITE 1509
NATIONAL COLLEGE ADVISING CORP INC
301 W BARBEE CHAPEL RD SUITE 210	CHAPEL HILL	NC	27517	461192687	501(c)(3)	$400,000	College Readiness
ILISAGVIK COLLEGE
21 DRYDOCK AVE	BARROW	AK	99723	920158414	501(c)(3)	$32,000	Career Readiness	PO BOX 749
MANAGEMENT LEADERSHIP FOR TOMORROW
5335 WISCONSIN AVE NW	WASHINGTON	DC	20015	521795164	501(c)(3)	$500,000	College Retention	SUITE 805
JOBS FOR THE FUTURE INC
88 BROAD STREET 8TH FLOOR	BOSTON	MA	02110	061164568	501(c)(3)	$950,000	Career Readiness
JOBS FOR AMERICA'S GRADUATES INC
1729 KING STREET	ALEXANDRIA	VA	22314	521194546	501(c)(3)	$10,000	Sponsorships	SUITE 100
IMPERIAL COUNTY OFFICE OF EDUCATION
1398 SPERBER ROAD	EL CENTRO	CA	92243	956001665	School District	$10,000	Program Support
IMPACT TEEN DRIVERS FUND
2030 V STREET	SACRAMENTO	CA	95818	260595165	501(c)(3)	$10,000	Program Support
IMENTOR INCORPORATED
30 BROAD STREET 9TH FLOOR	NEW YORK	NY	10004	300105507	501(c)(3)	$450,000	College Readiness
I HAVE A DREAM FOUNDATION
3580 WILSHIRE BLVD STE 720	LOS ANGELES	CA	90010	954089758	501(c)(3)	$10,000	General Support
GUILFORD COLLEGE
5800 WEST FRIENDLY AVE	GREENSBORO	NC	27410	560529982	501(c)(3)	$15,000	General Support
GEORGIA STATE UNIVERSITY FOUNDATION INC
1 PARK PLACE SUITE 533	ATLANTA	GA	30303	586033185	501(c)(3)	$250,000	College Retention
COLLEGE UNBOUND
325 PUBLIC STREET	PROVIDENCE	RI	02905	462470807	501(c)(3)	$819,500	Career Readiness
COLLEGE POSSIBLE INC
540 FAIRVIEW AVENUE NORTH	SAINT PAUL	MN	55104	411968798	501(c)(3)	$400,000	College Readiness	SUITE 304
CENTREVILLE LAYTON SCHOOL INC
6201 KENNETT PIKE	CENTREVILLE	DE	19807	510232858	501(c)(3)	$15,000	Education Grant
CALIFORNIA COMMUNITY FOUNDATION
221 S FIGUEROA STREET	LOS ANGELES	CA	90012	953510055	501(c)(3)	$25,000	College Readiness	SUITE 400
BUTTE COUNTY OFFICE OF EDUCATION
1859 BIRD STREET	OROVILLE	CA	95965	946002433	Government	$10,000	Program Support
BAKER UNIVERSITY
PO BOX 65	BALDWIN CITY	KS	66006	480543766	School	$15,000	General Support
AVENUES FOR HOMELESS YOUTH
1708 OAK PARK AVE N	MINNEAPOLIS	MN	55411	411765140	501(c)(3)	$50,000	Education Support
LEAD Public Schools
531 METROPLEX DR SUITE A-200	NASHVILLE	TN	37211	202526508	501(c)(3)	$75,000	Financial support for school
MAPLEWOOD MIDDLE SCHOOL
2410 HOLLOWAY AVE	MAPLEWOOD	MN	55109	208013218	Middle School	$122,500	Financial support for school
NEIGHBORHOOD HOUSE
179 ROBIE STREET EAST	ST PAUL	MN	55107	410693916	501(c)(3)	$100,000	Program support
NORTHSIDE ACHIEVEMENT ZONE
2123 W BROADWAY SUITE 100	MINNEAPOLIS	MN	55411	300238807	501(c)(3)	$34,000	Sponsorships
MINDS MATTER
4912 WASHBURN AVE SOUTH	MINNEAPOLIS	MN	55410	455415388	501(c)(3)	$50,000	Program Support
PACER CENTER
8161 NORMANDALE BLVD	MINNEAPOLIS	MN	55437	411306304	501(c)(3)	$70,000	Program Support
CRISTO REY JESUIT HS
2924 FOURTH AVE SOUTH	MINNEAPOLIS	MN	55408	204548714	501(c)(3)	$100,000	Program Support
GREEN TECHNICAL EDUCATION AND EMPLOYMENT
7485 RUSH RIVER DRIVE STE 710-152	SACRAMENTO	CA	95831	270595012	501(c)(3)	$89,000	Sponsorships
GIRLS INC OF GREATER INDIANAPOLIS
3935 NORTH MERIDIAN STREET	INDIANAPOLIS	IN	46208	351337205	501(c)(3)	$50,000	Program Support
AFTERCARE FOR INDIANA THROUGH MENTORING INC
4155 BOULEVARD PLACE	INDIANAPOLIS	IN	46208	454047222	501(c)(3)	$39,750	Sponsorships
UNITED WAY OF CENTRAL INDIANA
3901 N MERIDIAN ST	INDIANAPOLIS	IN	46208	351007590	501(c)(3)	$50,000	Sponsorships
GENESEE VALLEY EDUCATIONAL PARTNERSHIP
BOARD OF COOPERATIVE EDU Svcs	LEROY	NY	14482	166009847	501(c)(3)	$100,000	Education Support	80 MUNSON ST
GENESEE GATEWAY LOCAL DEVELOPMENT CORPORATION
99 MEDTECH DRIVE	BATAVIA	NY	14020	331101375	501(c)(3)	$13,324	Program Support	SUITE 106
WESTERN NEW YORK TECH ACADEMY
6917 WEST BERGEN RD	BERGEN	NY	14416	166002858	School	$61,710	Program Support
SUNY GENESEE COMMUNITY COLLEGE
ONE COLLEGE ROAD	BATAVIA	NY	14020	160920402	School	$44,390	Education Support
SCHOOLS ON WHEELS
2605 E 62ND STREET SUITE 2005	INDIANAPOLIS	IN	46220	352151003	501(c)(3)	$50,000	Education Support
YMCA OF GREATER INDIANAPOLIS
615 N ALABAMA ST SUITE 200	INDIANAPOLIS	IN	46204	350868211	501(c)(3)	$60,250	Education Support
WO SMITH MUSIC SCHOOL
1125 8th Ave S	Nashville	TN	37203	581560499	501(c)(3)	$25,000	Education Support
MILLS MIDDLE SCHOOL
10439 COLOMA ROAD	RANCHO CORDOVA	CA	95670	941706902	Middle School	$100,000	Financial Support for School
TC WILLIAMS INTERNATIONAL ACADEMY
1340 Braddock Place	Alexandria	VA	22314	546001106	School	$25,000	Education Grant
THE ASPEN INSTITUTE
1 DUPONT CIRCLE NW SUITE 700	WASHINGTON	DC	20036	840399006	501(c)(3)	$275,000	Career Readiness
FLATIRON SCHOOL
11 Broadway Suite 260	NEW YORK	NY	10004		School	$475,000	Career Readiness
UNIVERSITY OF CALIFORNIA RIVERSIDE
900 UNIVERSITY AVENUE	RIVERSIDE	CA	92521	237433570	501(c)(3)	$276,000	College Readiness	STUDENT SERVICES BLDG ROOM 1111
FOUNDATION FOR CALIFORNIA COMMUNITY COLLEGES
1102 Q STREET	SACRAMENTO	CA	95811	680412350	501(c)(3)	$300,000	College Readiness	SUITE 3500
UNIVERSITY OF CALIFORNIA LOS ANGELES
2221 Murphy Hall	LOS ANGELES	CA	90095	956006143	501(c)(3)	$296,000	College Retention	Box 951421
UNIVERSITY OF NEW MEXICO Foundation
1 UNIVERSITY OF NEW MEXICO	ALBUQUERQUE	NM	87131	856000642	501(c)(3)	$125,000	College Retention
VOLUNTEERS OF AMERICA
3434 MARCONI AVENUE	SACRAMENTO	CA	95821	946001984	501(c)(3)	$25,000	Education Grant
TEACHERSCONNECT
31 St James Avenue Suite 920	BOSTON	MA	02116	270382989	501(c)(3)	$75,000	Teacher Training / Development

Field	Value	IRS element (for citing)
Total501c3 Org	58	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	ECMC SCHOLARS SCHOLARSHIPS	GrantTypeTxt
Recipient	21	RecipientCnt
Cash Grant	$6,000	CashGrantAmt

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. ECMC Foundation scholarships listed in Part III are issued as jointly payable to the student and the school to ensure the funds are used for educational expenses.	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 (10 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 TAYLOR
President & Director	$411,580	$0	$46,766	$0	$2,693	$0	$43,656	$0	$24,731	$0	$529,426	$0	$0	$0
ROBERT STEIN
Former Director not paid by Foundation	$0	$50,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$50,000	$0	$0
RICHARD BOYLE
Former DIRECTOR/CEO/PRESIDENT NOT PAID BY FOUNDATION	$0	$0	$0	$0	$0	$17,422	$0	$0	$0	$0	$0	$17,422	$0	$0
DAVID HAWN
Group CEO & Director Not Paid by Foundation	$0	$548,250	$0	$467,515	$0	$2,702	$0	$76,272	$0	$25,051	$0	$1,119,790	$0	$13,573
JOHN DEPODESTA
Board Chair not paid by Foundation	$0	$189,638	$0	$0	$0	$0	$0	$0	$0	$0	$0	$189,638	$0	$0
JAMES MCKEON
DIRECTOR NOT PAID BY FOUNDATION	$0	$160,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$160,000	$0	$0
GREGORY VAN GUILDER
CFO NOT PAID BY FOUNDATION	$0	$441,002	$0	$441,938	$0	$1,477	$0	$67,331	$0	$25,106	$0	$976,854	$0	$0
DANIEL FISHER
SECRETARY/GENERAL COUNSEL NOT PAID BY FOUNDATION	$0	$300,256	$0	$287,874	$0	$3,849	$0	$50,852	$0	$19,936	$0	$662,768	$0	$0
MARCH KESSLER
EXECUTIVE DIRECTOR	$22,035	$126,363	$0	$43,601	$174	$1,229	$1,341	$21,984	$924	$7,773	$24,473	$200,951	$0	$0
VICKI WHEBBE
Mgr Student Success & Training	$15,071	$86,324	$19,965	$108	$85	$468	$2,119	$12,716	$1,849	$12,863	$39,089	$112,479	$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 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 2015: Richard Thompson - $39,405.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan	ECMC Group, Inc. maintains a supplemental nonqualified retirement plan described in section 457(f) to attract and retain employees, typically in management positions. In 2015, David Hawn, Gregory Van Guilder and Daniel Fisher participated in the plan, and received employer contributions of $ 26,472, $17,531 and $1,052, respectively.
Schedule J, Part I, Line 5b Compensation contigent 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 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 contigent 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 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 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	$385,000	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 M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Desc	Investment-Fractional interest	Desc
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$100,000,000	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	0	Form8283ReceivedCnt
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	false	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule M, Part I, Line 25 Investment-Fractional interest

Participation in the investment pool is available to ECMC Group, Inc. and its eligible subsidiaries. Investments in ECMC Group, Inc. 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 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. Investments are recorded at estimated fair value, using the practical expedient. The practical expedient allows for the use of a proportionate share of the investment pool to be utilized to estimate fair value. 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.

Schedule M, Part I Explanations of reporting method for number of contributions

Other: The number reported in Part I, Line 25, Column (b) is based on the number of contributions received.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (18 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part III, Line 2 New program services	ECMC Foundation is a supporting organization of Educational Credit Management Corporation, and beginning in 2015, of Zenith Education Group, Inc.. Consistent with its mission and values, ECMC Foundation's grantmaking strategy is to focus on teacher development, college readiness and retention, and career readiness in the context of improving the educational outcomes of underserved populations.
Form 990, Part III, Line 3 Significant changes in program services	On February 9, 2015, ECMC Foundation transferred its direct operational services which support educators and youth to Educational Credit Management Corporation (ECMC), a related party. The programs, ECMC Scholars Program, The College Place resource centers, and the curriculum guides and training programs, complement ECMC's college access and financial literacy programs. The transfer has enabled ECMC Foundation to focus its philanthropic initiatives on the new grantmaking priorities on teacher development, college readiness and retention, and career readiness.
Form 990, Part III, Line 4d Description of other program services	(Expenses $ 1,309,924 including grants of $ 1,309,924)(Revenue $ 0) GO! Program. Generating Outcomes (GO!): Funding education innovation in our communities is an ECMC Foundation corporate initiative to fund ideas and partnerships that can be examined for effectiveness in our local communities. To qualify for payment of a GO! Program grant, the awarded recipient must be a third-party non-profit 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 2015, ECMC Foundation awarded 21 grants under the GO! Program.
Form 990, Part III, Line 4d Description of other program services	(Expenses $ 479,107 including grants of $ 329,960)(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 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, DIRECTORS, 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. THE PROVISION STATES THAT THERE CAN BE NO REPERCUSSIONS FOR GOOD FAITH REPORTING OF POTENTIAL ILLEGAL PRACTICES OR VIOLATIONS OF CORPORATE POLICIES. ECMC FOUNDATION HAS ESTABLISHED AN ANONYMOUS WHISTLEBLOWER TELEPHONE HOTLINE AND WEBSITE ADMINISTERED BY AN OUTSIDE VENDOR.
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, non-profit 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 is included in the Code of Ethics and Business Conduct. Monitoring and enforcement of the policy is 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 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 2015, 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 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 2015, 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.
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 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 2015.
Form 990, Part X, Line 12 Investments-Other Securities	Investments-other securities of $353,051,168 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 $221,045 in alternative investments and $10,523,963 in mission related direct investments. ECMC Foundation has no unfunded commitments to the pool at December 31, 2015.
Form 990, Part XI, Line 5 Net unrealized losses on investments	Net unrealized losses on investment in the ECMC Group, Inc. investment pool are $1,299,500.
Form 990, Part XI, Line 9 Other changes in net assets	$7,030,219. On February 9, 2015, ECMC Foundation transferred the outstanding obligation and related temporarily restricted net assets of the ECMC Scholars Program to ECMC. As a result, ECMC Foundation recorded a $7,030,219 transfer of net assets to a related party. The transfer is considered a common control transaction. Accounting guidance required the transfer of assets be recorded on ECMC's books at the carrying value of assets on ECMC Foundation's books.
Form 990, Part XI, Line 9 Other changes in net assets or fund balances	Transfer of Net Assets - -7030219;

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 Avenue South	Suite 1400	Minneapolis	MN	55401	411778617	GUARANTOR	MN	501(c)(3	9	ECMC GROUP INC	false
ECMC GROUP INC
111 Washington Avenue South	Suite 1400	Minneapolis	MN	55401	411991995	EDUCATION FINANCE	DE	501(c)(3	Type I	NA	false
ZENITH EDUCATION GROUP INC
111 Washington Avenue South	Suite 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 Avenue South	Suite 1400	Minneapolis	MN	55401	352085743	HOLDING INVESTMENTS	DE	ECMC GROUP INC	C Corporation	false
ECMC HOLDINGS CORPORATION
111 Washington Avenue South	Suite 1400	Minneapolis	MN	55401	411991992	STRATEGIC OVERSIGHT	DE	ECMC GROUP INC	C Corporation	false
EDUCATIONAL CREDIT SERVICES CO
111 Washington Avenue South	Suite 1400	Minneapolis	MN	55401	411992001	PRIVATE LOANS	DE	NA	C Corporation	false
ECMC RECORDS & REC MGMT CORPORATION
111 Washington Avenue South	Suite 1400	Minneapolis	MN	55401	411989959	DOCUMENT MANAGEMENT	DE	NA	C Corporation	false
ECMC MANAGEMENT SERVICES CORPORATION
111 Washington Avenue South	Suite 1400	Minneapolis	MN	55401	411989960	MANAGEMENT SERVICES	DE	NA	C Corporation	false
ECMC TECHNOLOGY SERVICES CORPORATION
111 Washington Avenue South	Suite 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	Yes (true)	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	false	DivRelatedOrganizationInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	false	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	false	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (true)	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (true)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (true)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	Yes (true)	TransferToOtherOrgInd
Transfer From Other Org	false	TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule R, Part V, Line 1c GIFT, GRANT, OR CAPITAL CONTRIBUTION FROM RELATED ORGANIZATION(S)	$115,479,049 CONTRIBUTION MADE BY ECMC GROUP, INC. TO ECMC FOUNDATION TO FUND INNOVATIVE OUTREACH PROGRAMS AND SCHOLARSHIP PROGRAMS TO CONVEY TO STUDENTS THE IMPORTANCE OF COMPLETING HIGH SCHOOL AND TO DEVELOP AND DISTRIBUTE PROGRAMS THAT FOCUS ON ACCESS, RETENTION AND SUCCESS IN HIGHER EDUCATION, THEREBY HELPING LOW-INCOME INDIVIDUALS AS WELL AS THOSE WHO MAY BE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE FURTHERING THEIR EDUCATION GOALS.
Schedule R, Part V, Line 1n SHARING OF FACILITIES, EQUIPMENT, OR OTHER ASSETS WITH RELATED ORG(S)	$519,897 ALLOCATED EXPENSES FOR FACILITIES, EQUIPMENT, MAILING LISTS, OR OTHER ASSETS SHARED WITH ECMC GROUP, INC.
Schedule R, Part V, Line 1o SHARING OF PAID EMPLOYEES WITH RELATED ORGANIZATION(S)	$71,029 ALLOCATED EXPENSES FOR PAID EMPLOYEES SHARED WITH ECMC Group, Inc.
Schedule R, Part V, Line 1p REIMBURSEMENT PAID TO RELATED ORGANIZATION(S) FOR EXPENSES	$1,002,582 REIMBURSEMENT PAID TO ECMC GROUP, INC. FOR EXPENSES.
Schedule R, Part V, Line 1o SHARING OF PAID EMPLOYEES WITH RELATED ORGANIZATION(S)	$224,447 ALLOCATED EXPENSES FOR PAID EMPLOYEES SHARED WITH Educational Credit Management Corporation.
Schedule R, Part V, Line 1p REIMBURSEMENT PAID TO RELATED ORGANIZATION(S) FOR EXPENSES	$480,498 paid to Educational Credit Management Corporation for expenses.
Schedule R, Part I Disregarded Entities of Related Organizations	1(a)-Name. Oakdale Student Loan Funding, LLC (27-1914648), 111 Washington Avenue South, Suite 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 Avenue South, Suite 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. Premiere Credit of North America, LLC (35-2085743), 2002 Wellesley Blvd, #100, Indianapolis, IN 46219. 3(b)-Primary activity. Accounts Receivable Management. 3(c)-Legal domicile. IN. 3(f)-Direct controlling entity. ECMC Holdings Corporation.
Schedule R, Part V, Line 1b Gift, grant, or capital contribution to related organization(s)	$3,891,811 grants awarded by ECMC Foundation to Zenith Education Group, Inc. to provide $2,335,013 for the Zenith Campaign for Innovation which is designed to elicit creative ideas about how to support students' success and $1,556,798 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 1r Other transfer of cash or property to related organization(s)	$7,030,219 outstanding obligation for grants under the Scholars Program and the related temporarily restricted net assets were transferred to Educational Credit Management Corporation on February 9, 2015. The College Place and the curriculum guides and training were also transferred to complement Educational Credit Management Corporation's college access and financial literacy programs.