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Delaware · Private foundation

The Sallie Mae Fund Inc

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$3.0M
Granted FY2024(still arriving)
21
Grants FY2024
11
Organizations funded FY2023
27%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$50,000
Largest grant, FY2024
$1,625,250
Organizations funded a year
1 to 30
FY2017 to FY2023
States reached, FY2024
11
Total assets, FY2024
$2.5M
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 27% of the organizations The Sallie Mae Fund Inc funded were first-time grantees, receiving 18% of its grant dollars.

New vs renewed · share of each year

In FY2023, 82% of grant dollars renewed an existing relationship; $275k went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
EducationHealthHuman ServicesFood & NutritionArts & CulturePhilanthropyOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving21$3.0M43%
FY202311$1.5M27%
FY202210$1.6M70%
FY202114$1.4M86%
FY202010$1.7M90%
FY20192$195k50%
FY201830$148k97%
FY20171$70kn/a
97% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$7.2MPhilanthropy$1.0MFood & Nutrition$1.0MYouth Development$340kCivil Rights$125kArts & Culture$51kEnvironment$50kHuman Services$30kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

ME
NY
MA
WY
SD
IN
PA
NJ
CA
UT
MO
VA
DE
AZ
AR
TN
SC
DC
OK
GA
TX
FL

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

Show all 51 grantees
All grantees of The Sallie Mae Fund Inc by total granted
GranteeTotal grantedYearsShare of their budget
Thurgood Marshall College Fund$4,491,50042%
Delaware State University$600,00020%
HBCU Week Foundation Inc$500,00039%
Point Foundation$350,00033%
Folds of Honor Foundation$210,00040%
Food Bank of Delaware Inc$200,00011%
Gleaners Food Bank of Indiana Inc$200,00010%
Greater Boston Food Bank Inc$200,00010%
Utah Food Bank$200,00010%
Loudoun Hunger Relief Inc$200,00013%
Boys & Girls Clubs of Delaware Inc$170,00030%
National Urban League Inc$125,00010%
Epsilon Zeta Boule Foundation Incorporated$105,000335%
Stony Brook Foundation Inc$100,00010%
Utah State University$75,0002n/a
District of Columbia College Access Program$75,00011%
The Bottom Line Inc$75,00030%
Summit Land Conservancy$50,00010%
Boys & Girls Club of Greater Salt Lake$50,00020%
Buffalo Bill Memorial Association$50,00010%
Girls Incorporated of New York City$25,00010%
Latin American Community Center Inc$25,00010%
The Nemours Foundation$1,00010%
Regis College$60010%
Wellesley Theatre Project Inc$50010%
Young Adult Institute Inc$50010%
Indiana Golden Gloves Inc$5001n/a
Bentley University$40010%
Meals on Wheels Delaware Inc$25010%
Accelerate Brain Cancer Cure Inc$25010%
Anderson Young Ballet Theatre Inc$2501n/a
United Midcoast Charities Inc$2061n/a
Arc of Gloucester$1601n/a
The Andrew McDonough B Foundation$15510%
The Ovarian Cancer Research Fund Inc$10010%
St Josephs Indian School$1001n/a
American Cancer Society Inc$10010%
Senior Dog Haven & Hospice Inc$10010%
St Jude Children's Research Hospital Inc$10010%
Ronald McDonald House Charities of Greater Delaware Inc$5610%
National Brain Tumor Society Inc$5010%
Khan Academy Inc$5010%
Children's Tumor Foundation$5010%
Aris Foundation Inc$501n/a
Food & Friends Inc$5010%
Onepulse Foundation Inc$4910%
American Foundation for Suicide Prevention$3510%
The Susan G Komen Breast Cancer Foundation Inc$2510%
Christiana Care Health System Inc$2510%
Tea Rose Foundation of Phi Alpha Omega$2510%
Alexs Lemonade Stand Foundation$2510%

What it could do for these grantees

Plus 20 recipients with no EIN on record ($1.5M), not named here.

Where it is load-bearing

The Sallie Mae Fund Inc supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 44 largest grantees; load-bearing ones sit top left.

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetThurgood Marshall College Fund: $4,491,500 over 4y, 1.8% of budgetDelaware State University: $600,000 over 2y, 0.1% of budgetHBCU Week Foundation Inc: $500,000 over 3y, 9.3% of budgetPoint Foundation: $350,000 over 3y, 2.8% of budgetFolds of Honor Foundation: $210,000 over 4y, 0.1% of budgetFood Bank of Delaware Inc: $200,000 over 1y, 0.6% of budgetGleaners Food Bank of Indiana Inc: $200,000 over 1y, 0.1% of budgetGreater Boston Food Bank Inc: $200,000 over 1y, 0.1% of budgetUtah Food Bank: $200,000 over 1y, 0.2% of budgetLoudoun Hunger Relief Inc: $200,000 over 1y, 3.3% of budgetBoys & Girls Clubs of Delaware Inc: $170,000 over 3y, 0.2% of budgetNational Urban League Inc: $125,000 over 1y, 0.1% of budgetEpsilon Zeta Boule Foundation Incorporated: $105,000 over 3y, 35% of budgetStony Brook Foundation Inc: $100,000 over 1y, 0.0% of budgetDistrict of Columbia College Access Program: $75,000 over 1y, 0.7% of budgetThe Bottom Line Inc: $75,000 over 3y, 0.1% of budgetSummit Land Conservancy: $50,000 over 1y, 0.4% of budgetBoys & Girls Club of Greater Salt Lake: $50,000 over 2y, 0.3% of budgetBuffalo Bill Memorial Association: $50,000 over 1y, 0.3% of budgetGirls Incorporated of New York City: $25,000 over 1y, 0.4% of budgetLatin American Community Center Inc: $25,000 over 1y, 0.3% of budgetThe Nemours Foundation: $1,000 over 1y, 0.0% of budgetRegis College: $600 over 1y, 0.0% of budgetWellesley Theatre Project Inc: $500 over 1y, 0.1% of budgetYoung Adult Institute Inc: $500 over 1y, 0.0% of budgetBentley University: $400 over 1y, 0.0% of budgetMeals on Wheels Delaware Inc: $250 over 1y, 0.0% of budgetAccelerate Brain Cancer Cure Inc: $250 over 1y, 0.0% of budgetThe Andrew McDonough B Foundation: $155 over 1y, 0.0% of budgetThe Ovarian Cancer Research Fund Inc: $100 over 1y, 0.0% of budgetAmerican Cancer Society Inc: $100 over 1y, 0.0% of budgetSenior Dog Haven & Hospice Inc: $100 over 1y, 0.1% of budgetSt Jude Children's Research Hospital Inc: $100 over 1y, 0.0% of budgetRonald McDonald House Charities of Greater Delaware Inc: $56 over 1y, 0.0% of budgetNational Brain Tumor Society Inc: $50 over 1y, 0.0% of budgetKhan Academy Inc: $50 over 1y, 0.0% of budgetChildren's Tumor Foundation: $50 over 1y, 0.0% of budgetFood & Friends Inc: $50 over 1y, 0.0% of budgetOnepulse Foundation Inc: $49 over 1y, 0.0% of budgetAmerican Foundation for Suicide Prevention: $35 over 1y, 0.0% of budgetThe Susan G Komen Breast Cancer Foundation Inc: $25 over 1y, 0.0% of budgetChristiana Care Health System Inc: $25 over 1y, 0.0% of budgetTea Rose Foundation of Phi Alpha Omega: $25 over 1y, 0.0% of budgetAlexs Lemonade Stand Foundation: $25 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 44.

Nonprofits that may fit its grantmaking

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.

Longwood Foundation IncDE17.6× affinity6 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Longwood Foundation Inc · Wsfs Cares Foundation · Jpmorgan Chase Foundation · Nor' Easter Foundation Inc · Incyte Charitable Giving Foundation · United Way of Delaware · Laffey-McHugh Foundation · Delaware Community Foundation Inc · The Struthers Family Foundation · Wakefield Family Fund Inc · Crestlea Foundation Inc · Welfare Foundation Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare The Sallie Mae Fund Inc with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to The Sallie Mae Fund Inc?

Find your warmest path to The Sallie Mae Fund 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 The Sallie Mae Fund Inc

How much does The Sallie Mae Fund Inc give?
The Sallie Mae Fund Inc reported 21 grants totaling $2,994,540 in its FY2024 IRS filing. It funded between 1 and 30 organizations a year over FY2017 to FY2023.
What does The Sallie Mae Fund Inc fund?
By grant dollars over FY2017 to FY2024, its largest causes are Education (73%), Philanthropy (10%), Food & Nutrition (10%).
Who are The Sallie Mae Fund Inc's largest grantees?
By total granted over FY2017 to FY2024: Thurgood Marshall College Fund ($4.5M), Delaware State University ($600k), HBCU Week Foundation Inc ($500k).
Does The Sallie Mae Fund Inc fund new organizations?
In FY2023, 27% of the organizations it funded were first-time grantees.
Does The Sallie Mae Fund Inc accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as The Sallie Mae Fund Inc?
Its strongest co-funders, measured against what their size predicts, include Longwood Foundation Inc, Wsfs Cares Foundation, Jpmorgan Chase Foundation.
Where is The Sallie Mae Fund Inc based?
The Sallie Mae Fund Inc is based in DE.

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 75 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-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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