Minnesota · Nonprofit
ECMC FOUNDATION
ECMC FOUNDATION (Minnesota) receives grants from 2 organizations whose IRS filings report $120,000 to it, the largest being Judges and Lawyers Breast Cancer Alert Inc ($110,000). 1 of them have funded it in more than one year.
- Revenue FY2024
- $83M
- Funders on record
- 2
- Grants received
- $120k
- Net assets
- $1.9B
What Ecmc Foundation does
Mission
Ecmc Foundation is a nationally focused foundation whose mission is to improve higher education for career success among underserved populations through evidence-based innovation.
As stated on its FY2024 Form 990.
Programs
Strategic grantmaking:guided by Ecmc Foundation's strategic framework, commitment to systemic change and north star goal, the foundation leverages two main grantmaking strategies-initiatives and strategically responsive-both of which contain several portfolios. Initiatives are focused on addressing students' basic needs, elevating career & technical education leadership, improving the impact of higher education among underserved populations, and strengthening transfer pathways and credit mobility. Each initiative has a theory of action and learning and evaluation framework and is guided by aligned activities, articulated timeframes and earmarked budgets. Through a diverse portfolio of grants supporting multiple populations, geographies and interventions, the strategically responsive strategy enables Ecmc Foundation to listen to the needs and opportunities identified by applicants, grantees, peer funders and subject matter experts; learn about emerging trends; and leverage foundation resources to advance the postsecondary field. In 2024, Ecmc Foundation awarded 71 strategically responsive grants and 65 initiative grants.
$62,574,192 spentof which $55,414,372 as grants91% of program spendingEmployee engagement:Ecmc Foundation facilitates two main opportunities-a generating outcomes (go!) program and a discretionary grant program-for staff and leadership across ecmc group to feel connected to Ecmc Foundation's philanthropic mission. The go! Program is a corporate initiative to fund efforts in the communities where ecmc group, inc. Employees live and work. In 2024, Ecmc Foundation awarded grants ranging from $5,000 to $20,000 each to 111 organizations for a total of over $1 million. The discretionary grant program provides the board of directors, ecmc group executive and senior leaders, and foundation staff the opportunity to direct a gift to an educational organization of their choice.
$5,122,500 spentof which $5,122,500 as grants7% of program spendingEducation innovation ventures:education innovation ventures (eiv) makes below-market-rate investments into nonprofit and for-profit ventures that seek to generate both social impact and financial returns. Complementing Ecmc Foundation's strategic grantmaking, the eiv program uses a full spectrum of program-related investments, including debt and equity instruments, to provide catalytic risk capital to early-stage ventures working to increase postsecondary educational outcomes and economic mobility among learners and jobseekers from systemically disadvantaged backgrounds. Financial returns are reinvested into additional program-related investments, allowing Ecmc Foundation to recycle investment dollars to fund further impact initiatives. In 2024, eiv invested over $4.1 million across 9 investments working to remove financial barriers for students, and awarded 3 grants.
$1,159,557 spentof which $80,000 as grants2% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $68,856,249.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.1B to $1.6B (+45%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of ECMC FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Daniel Fisher
President & CEO, ecmc group
Board chair
James V Mckeon
Board chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2018 → 2020: the base held at 1 funder, grant income rose $10k → $60k.
Left out of every figure on this page: $287M from 2 payers (the payer shares this organization's board, largest Ecmc Group Inc). These are real filings, and they are not money ECMC FOUNDATION raised.
From the IRS filings of ECMC FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ECMC FOUNDATION leans on a few funders — its largest provides 92% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ECMC FOUNDATION.
Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
ECMC FOUNDATION draws 100% of its grant income from funders outside Minnesota, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
ECMC FOUNDATION has grown faster than three-quarters of the 4,064 education nonprofits its size.
this organization peer median middle 50% of peers· 4,064 education nonprofits $10M–$100M, FY2024
Government funding ECMC FOUNDATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $101k on record.
- (TT) LOANS AND SPECIAL PAYMENTS$101k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like ECMC FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
90% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 37 related entities
- Educational Credit Management Corporation · exempt
- Ecmc Group Inc · exempt
- Ecmc Education Inc · exempt
- Ecmc Revenue Management Corporation · exempt
- Ecmc Services Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for ECMC FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ECMC FOUNDATION?
- ECMC FOUNDATION (Minnesota) receives grants from 2 organizations whose IRS filings report $120,000 to it, the largest being Judges and Lawyers Breast Cancer Alert Inc ($110,000). 1 of them have funded it in more than one year.
- How many funders does ECMC FOUNDATION have?
- IRS filings report 2 organizations giving $120,000 in grants to ECMC FOUNDATION, 1 of which have funded it in more than one year.
- Who is the largest funder of ECMC FOUNDATION?
- Judges and Lawyers Breast Cancer Alert Inc is the largest funder on record, with $110,000 in grants. The full list of funders is on this page.
- How can an organization like ECMC FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing