Tennessee · Public charity
Education Loan Finance Inc
Provides funding for postsecondary student loans and grants for scholarships through its subsidiary.
- $252k
- Granted FY2021
- 2
- Grants FY2021
- 2
- Organizations funded FY2021
- 50%
- First-time grantees FY2021
- Median grant, FY2021
- $152,000
- Largest grant, FY2021
- $152,000
- Organizations funded a year
- 2 to 11
- FY2017 to FY2021
- States reached, FY2021
- 1
- Total assets, FY2021
- $2.0B
How open it is to new grantees
In FY2021, 50% of the organizations Education Loan Finance Inc funded were first-time grantees, receiving 40% of its grant dollars.
New vs renewed · share of each year
In FY2021, 60% of grant dollars renewed an existing relationship; $100k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2021 | 2 | $252k | 50% |
| FY2018 | 10 | $270k | 10% |
| FY2017 | 11 | $481k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2021.
Top grantees
Largest recipients by total granted, FY2017 to FY2021, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| The University of Tennessee Foundation Inc | $403,000 | 3 | 0% |
| Shangri-La Therapeutic Academy of Riding Inc | $100,000 | 1 | 9% |
| The University of Tennessee | $86,000 | 2 | n/a |
| Tennessee Technological University | $77,500 | 2 | n/a |
| Lee University | $60,000 | 2 | 0% |
| Southern Adventist University | $60,000 | 2 | n/a |
| Tennessee Wesleyan University | $60,000 | 2 | 0% |
| Bryan College | $50,000 | 2 | 0% |
| Cleveland State Community College | $46,000 | 2 | n/a |
| The Lampo Group LLC | $21,000 | 1 | n/a |
Show all 13 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| The University of Tennessee Foundation Inc | $403,000 | 3 | 0% |
| Shangri-La Therapeutic Academy of Riding Inc | $100,000 | 1 | 9% |
| The University of Tennessee | $86,000 | 2 | n/a |
| Tennessee Technological University | $77,500 | 2 | n/a |
| Lee University | $60,000 | 2 | 0% |
| Southern Adventist University | $60,000 | 2 | n/a |
| Tennessee Wesleyan University | $60,000 | 2 | 0% |
| Bryan College | $50,000 | 2 | 0% |
| Cleveland State Community College | $46,000 | 2 | n/a |
| The Lampo Group LLC | $21,000 | 1 | n/a |
| Volunteer State Community College | $16,438 | 1 | n/a |
| Pellissippi State Community College | $16,000 | 2 | n/a |
| Chattanooga State Community College Foundation | $7,000 | 1 | 0% |
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
How this is measured
Warm introductions · Powered by PlinthPlus
How do I get to Education Loan Finance Inc?
Find your warmest path to Education Loan Finance Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.
Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.
About Education Loan Finance Inc
- How much does Education Loan Finance Inc give?
- Education Loan Finance Inc reported 2 grants totaling $252,000 in its FY2021 IRS filing. It funded between 2 and 11 organizations a year over FY2017 to FY2021.
- What does Education Loan Finance Inc fund?
- By grant dollars over FY2017 to FY2021, its largest causes are Education (88%), Health (10%), Community Improvement (2%).
- Who are Education Loan Finance Inc's largest grantees?
- By total granted over FY2017 to FY2021: The University of Tennessee Foundation Inc ($403k), Shangri-La Therapeutic Academy of Riding Inc ($100k), The University of Tennessee ($86k).
- Does Education Loan Finance Inc fund new organizations?
- In FY2021, 50% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Education Loan Finance Inc?
- Its strongest co-funders, measured against what their size predicts, include Donor Advised Charitable Giving Inc, Fidelity Investments Charitable Gift Fund, Amazonsmile Foundation.
- Where is Education Loan Finance Inc based?
- Education Loan Finance Inc is based in TN.
Play a game based on Education Loan Finance’s filings →