Indiana · Nonprofit
SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC
SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC (Indiana) receives grants from 3 organizations whose IRS filings report $71,160 to it, the largest being SECURITIES & INSURANCE LICENSING ASSOCIATION ($70,674). 2 of them have funded it in more than one year.
- Revenue FY2024
- $81k
- Funders on record
- 3
- Grants received
- $71k
- Net assets
- $151k
What Securities & Insurance Licensing Association Foundation Inc does
Mission
The purpose of the sila foundation is to provide an educational forum for the public. Educational content will cover financial services, specifically securities and/or insurance, and its purpose will be to develop and/or improve individuals' capabilities regarding financial services. Activities may include educational materials, courses, public discussion groups, forums, panels, lectures, personal career development, mentoring, job training, job fairs, or other programs as determined by the sila foundation board of trustees. These activities may be presented in person or via the internet.
As stated on its FY2024 Form 990-EZ.
Programs
To provide scholarships for persons enrolled in post-secondary education dealing in the financial services field.
$14,500 spentof which $14,500 as grants78% of program spendingThe "footprint" program: sila foundation will provide a grant to an organization located near the city where sila, inc.'s national conference is being held.
$3,000 spentof which $3,000 as grants16% of program spendingThe sila foundation certification education program offers line specific learning tracks in the field of insurance and securities licensing administration giving students the opportunity to focus their studies directly on a career related curriculum. The variety of courses selected from participating providers facilitates individual training tracks to accommodate the student's area of specialization of licensing administration.
$1,032 spent6% of program spending
The 3 programs described on its FY2024 Form 990-EZ. Program spending in total: $18,532.
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 2022 to 2023, from $129k to $151k (+17%).
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.
37% of SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (65% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
Leadership and staff
Chief executive
Mary Ellen Hammack
Executive director
As listed on its FY2024 Form 990-EZ.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $0 → $9k.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC’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
SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC leans on a few funders — its largest provides 99% 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 SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC.
Largest funder’s share by year: 2019 100% · 2020 100% · 2021 98% · 2022 99% · 2023 99% — 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
100% of SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC's grant income comes from Indiana funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $461 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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
SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC runs a healthier operating margin than half of the 21,859 education nonprofits its size.
this organization peer median middle 50% of peers· 21,859 education nonprofits under $100k, FY2024
Organizations like SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC
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 Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
85%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC: 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 SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC?
- SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC (Indiana) receives grants from 3 organizations whose IRS filings report $71,160 to it, the largest being SECURITIES & INSURANCE LICENSING ASSOCIATION ($70,674). 2 of them have funded it in more than one year.
- How many funders does SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC have?
- IRS filings report 3 organizations giving $71,160 in grants to SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC, 2 of which have funded it in more than one year.
- Who is the largest funder of SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC?
- SECURITIES & INSURANCE LICENSING ASSOCIATION is the largest funder on record, with $70,674 in grants. The full list of funders is on this page.
- How can an organization like SECURITIES & INSURANCE LICENSING ASSOCIATION FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Securities & Insurance Licensing Association →
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 3 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