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Georgia · Nonprofit

Student Aid Foundation Inc

Student Aid Foundation Inc (Georgia) receives grants from 4 organizations whose IRS filings report $43,900 to it, the largest being BLANCHE LIPSCOMB FOUNDATION INC 26-28164 ($25,000). 3 of them have funded it in more than one year.

Revenue FY2023
$70k
Funders on record
4
Grants received
$44k
Net assets
$2.8M
3/4 repeat funderspeak grant-dependency 16%
01What it does

What Student Aid Foundation Inc does

Program

  1. Providing Student Loans

    $6,616 spent

The program described on its FY2023 Form 990-PF.

02The organization over time

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.

100 = 20172017 Revenue 100 ($90k) Expenses 100 ($82k) Net assets 100 ($2.8M)2018 Revenue 126 ($114k) Expenses 269 ($221k) Net assets 96 ($2.7M)2019 Revenue 98 ($88k) Expenses 165 ($136k) Net assets 95 ($2.6M)2020 Revenue 113 ($102k) Expenses 140 ($115k) Net assets 95 ($2.6M)2021 Revenue 98 ($89k) Expenses 253 ($208k) Net assets 91 ($2.5M)2022 Revenue 157 ($142k) Expenses 150 ($123k) Net assets 92 ($2.6M)2023 Revenue 77 ($70k) Expenses 55 ($45k) Net assets 99 ($2.8M)
2017201820192020202120222023
Revenue (77)Expenses (55)Net assets (99)

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 $2.6M to $2.8M (+8%).

$2.8M
$2.7M
$2.6M
$2.6M
$2.5M
$2.6M
$2.8M
2017201820192020202120222023
Total assetsTotal liabilities

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

Joni Towles

President & CEO

As listed on its FY2023 Form 990-PF.

2017201820192020202120222023
Listed1011121212124
Joined·+1+2+0+0+0+0
No longer listed·010008
03Who funds it

Who funds it, year by year

2017 → 2021: the base narrowed from 3 funders to 1 funder, grant income fell $7k → $5k.

From the IRS filings of Student Aid 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

Student Aid Foundation Inc leans on a few funders — its largest provides 57% 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

57%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 71% · 2018 59% · 2019 56% · 2020 52% · 2021 100% — growing more concentrated.

“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

91% of Student Aid Foundation Inc's grant income comes from Georgia funders.

NC
GA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
Georgia out of state home

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.

04Its place in the field

Organizations like Student Aid 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 Georgia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for Student Aid 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.

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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 Student Aid Foundation Inc?
Student Aid Foundation Inc (Georgia) receives grants from 4 organizations whose IRS filings report $43,900 to it, the largest being BLANCHE LIPSCOMB FOUNDATION INC 26-28164 ($25,000). 3 of them have funded it in more than one year.
How many funders does Student Aid Foundation Inc have?
IRS filings report 4 organizations giving $43,900 in grants to Student Aid Foundation Inc, 3 of which have funded it in more than one year.
Who is the largest funder of Student Aid Foundation Inc?
BLANCHE LIPSCOMB FOUNDATION INC 26-28164 is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
How can an organization like Student Aid Foundation Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. 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 FY2023 (financials across 2017–2023), and the filings of 4 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