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Indiana · Public charity

Indiana Secondary Market for Education Loans Inc

For over 40 years, indiana secondary market for education loans, inc. (d/b/a "invested") has provided indiana students and families critical resources and advising services to plan and finance education after high school. As indiana's only state-based, nonprofit student-loan-making and financial-literacy organization, invested plays a…

$479k
Granted FY2025(still arriving)
1
Grants FY2025
4
Organizations funded FY2024
Read the full brief
Median grant, FY2025
$475,000
Largest grant, FY2025
$475,000
States reached, FY2025
1
Total assets, FY2025
$251M
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2024 to 2025.

Education$6.5MYouth Development$750k

Top grantees

Largest recipients by total granted, FY2024 to FY2025, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Trustees of Purdue University$1,500,0001n/a
Indiana University School of Medicine$1,500,0001n/a
Center for Leadership Development Inc$750,000116%

Plus 1 recipient with no EIN on record ($3.5M), not named here.

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About Indiana Secondary Market for Education Loans Inc

How much does Indiana Secondary Market for Education Loans Inc give?
Indiana Secondary Market for Education Loans Inc reported 1 grants totaling $479,000 in its FY2025 IRS filing.
What does Indiana Secondary Market for Education Loans Inc fund?
By grant dollars over FY2024 to FY2025, its largest causes are Education (90%), Youth Development (10%).
Who are Indiana Secondary Market for Education Loans Inc's largest grantees?
By total granted over FY2024 to FY2025: Trustees of Purdue University ($1.5M), Indiana University School of Medicine ($1.5M), Center for Leadership Development Inc ($750k).
Where is Indiana Secondary Market for Education Loans Inc based?
Indiana Secondary Market for Education Loans Inc is based in IN.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 4 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home