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Scholarship and financial aid organizations

There are 25,707scholarship organizations in the United States. Combined, these scholarship organizationsemploy 18,678 people, earn more than $13 billion in revenue each year, and have assets of $80 billion.
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Job trends for Scholarship organizations

Employees per organizationNumber of organizations
0
4,263
1-10
684
11-25
118
26-100
84
101 to 1,000
23
1,000+
2
Key takeaways for employment stats:

Sizes of scholarship organizations

Revenues per organizationNumber of organizations
< $250k
7,093
$250k to $1M
1,176
$1M to $5M
603
$5M to $25M
219
$25M to $100M
56
$100M+
19
Key takeaways for revenue stats:

Directory of scholarship organizations

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1-20 of 25,707

National Association of Student Financial Aid Administrators

NASFAA advocates for student financial aid policies, serves as a forum for discussions and provides resources for financial aid administrators.
Revenue
$11.7m
Assets
$20.9m
Employees
46
EIN
83-0211970
IRS type
501(c)(3)

Step Up For Students - Florida

Step Up For Students provides legislatively authorized K-12 scholarships and related support to give economically disadvantaged families the freedom to choose the best learning options for their children.
Revenue
$913.0m
Assets
$1.5b
Employees
182
EIN
59-3649371
IRS type
501(c)(3)

University System of Maryland Foundation (USMF)

The University System of Maryland Foundation advocates and supports the advancement of public higher education in Maryland through visionary leadership in philanthropy, asset management, and stewardship.
Revenue
$97.1m
Assets
$2.2b
Employees
31
EIN
52-1125663
IRS type
501(c)(3)

United Negro College Fund

United Negro College Fund is a scholarship or financial aid organization in Washington, DC whose mission is: UNCF IS BUILDING A PATHWAY OF EDUCATIONAL SUPPORT FROM K-12 THROUGH COLLEGE AND CAREER.
Revenue
$361.4m
Assets
$848.8m
Employees
306
EIN
13-1624241
IRS type
501(c)(3)

Scholarship America

To mobilize America, through scholarships and educational support, to make postsecondary education possible for all students.
Revenue
$222.5m
Assets
$168.4m
Employees
246
EIN
04-2296967
IRS type
501(c)(3)

Pat Tillman Foundation

The Pat Tillman Foundation invests in military veterans and their spouses through academic scholarships building a diverse community of leaders committed to service to others.
Revenue
$5.2m
Assets
$6.4m
Employees
15
EIN
20-1072336
IRS type
501(c)(3)

University of Northern Colorado Foundation

Established in 1966, the University of Northern Colorado Foundation is entrusted to provide support and steward donations for the University of Northern Colorado.
Revenue
$33.1m
Assets
$150.2m
Employees
4
EIN
84-6044833
IRS type
501(c)(3)

College Success Foundation

College Success Foundation inspires low-income students to become transformational leaders by providing scholarships, college readiness programs, and career support.
Revenue
$22.6m
Assets
$21.0m
Employees
147
EIN
91-2036088
IRS type
501(c)(3)

Minnesota State University Moorhead Foundation (MSUMAF)

The Minnesota State University Moorhead Alumni Foundation is a private, 501(c)(3), nonprofit organization dedicated to securing private gifts and grants that benefit Minnesota State University Moorhead.
Revenue
$4.3m
Assets
$57.1m
Employees
13
EIN
23-7101061
IRS type
501(c)(3)

Montgomery County Public Schools Educational Foundation (MCPSEF)

The Montgomery County Public Schools (MCPS) Educational Foundation, Inc. provides funds for special and innovative programs for MCPS that regular funds cannot support.
Revenue
$3.6m
Assets
$9.9m
Employees
4
EIN
52-1804509
IRS type
501(c)(3)

Miami Dade College Foundation

Miami Dade College Foundation raises essential private funds to enable Miami Dade College to change the lives of students, families, communities and the world via the opportunity of education.
Revenue
$35.7m
Assets
$236.5m
Employees
0
EIN
59-6169745
IRS type
501(c)(3)

Point Foundation

Point Foundation empowers promising lesbian, gay, bisexual, transgender, and queer students to achieve their full academic and leadership potential - despite the obstacles often put before them to make a significant impact on society.
Revenue
$10.6m
Assets
$20.2m
Employees
24
EIN
84-1582086
IRS type
501(c)(3)

National Merit Scholarship Corporation

NMSC conducts nationwide academic competitions for recognition and scholarships, aiming to recognize and honor academically talented US students.
Revenue
$44.1m
Assets
$147.2m
Employees
36
EIN
36-2307745
IRS type
501(c)(3)

Student Freedom Initiative

Student Freedom Initiative provides alternative funding for education costs to address student debt faced by those attending Minority Serving Institutions.
Revenue
$15.3m
Assets
$132.8m
Employees
17
EIN
85-0557522
IRS type
501(c)(3)

Horatio Alger Association of Distinguished Americans

Founded in 1947, the Horatio Alger Association of Distinguished Americans, is dedicated to the simple but powerful belief that hard work, honesty and determination can conquer all obstacles.
Revenue
$41.4m
Assets
$307.9m
Employees
0
EIN
27-2480291
IRS type
501(c)(3)

California State Los Angeles Foundation (CSLAF)

The mission of the California State Los Angeles Foundation is to advance the educational, cultural, scholarly, and creative activities and the role of community service of California State University, Los Angeles.
Revenue
$6.0m
Assets
$71.2m
Employees
0
EIN
95-4044252
IRS type
501(c)(3)

The Basic Fund

To broaden the educational opportunities for inner-city children by helping low-income families afford the cost of tuition at private schools in the Bay Area.
Revenue
$9.4m
Assets
$23.5m
Employees
13
EIN
94-3290699
IRS type
501(c)(3)

Asian and Pacific Islander American Scholarship Fund (APIASF)

Our vision is to see that all Asian American and Pacific Islanders have access to higher education and resources that cultivate their academic, personal and professional success regardless of their ethnicity, national origin or financial means.
Revenue
$13.6m
Assets
$37.7m
Employees
25
EIN
57-1192973
IRS type
501(c)(3)

Children's Scholarship Fund (CSF)

The Children's Scholarship Fund aims to maximize educational opportunity for all children for those in need by offering tuition assistance in grades K-8 for alternatives to faltering conventional schools, and for all children.
Revenue
$25.0m
Assets
$40.9m
Employees
23
EIN
13-4002189
IRS type
501(c)(3)

The Santa Monica College Foundation

The Santa Monica College Foundation provides scholarships and leads private fundraising efforts to support affordable education for students.
Revenue
$5.6m
Assets
$31.9m
Employees
6
EIN
95-6047779
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "B82: Scholarships, Student Financial Aid Services" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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