Scholarship and financial aid organizations
There are 27,098 scholarship organizations in the United States. Combined, these scholarship organizations employ 22,756 people, earn more than $13 billion in revenue each year, and have assets of $71 billion.
Job trends for Scholarship organizations
| Employees per organization | Number of organizations |
|---|---|
| 0 | 4,822 |
| 1-10 | 701 |
| 11-25 | 121 |
| 26-100 | 104 |
| 101 to 1,000 | 45 |
| 1,000+ | 1 |
Key takeaways for employment stats:
- Employment in Scholarship organizations is driven by large organizations like Cal Poly Pomona Foundation, Waldorf Lutheran College Foundation, College Possible, The Baruch College Fund, and Purdue Research Foundation (PRF).
Sizes of scholarship organizations
| Revenues per organization | Number of organizations |
|---|---|
| < $250k | 7,279 |
| $250k to $1M | 1,377 |
| $1M to $5M | 694 |
| $5M to $25M | 240 |
| $25M to $100M | 62 |
| $100M+ | 19 |
Key takeaways for revenue stats:
- Large organizations like Step Up For Students - Florida, Stephen Siller Tunnel To Towers Foundation, Georgia Tech Foundation, Educational Credit Management Corporation, and Scholarship America earn the majority of revenues among nonprofits in Scholarship organizations.
- Organizations with less than $1 million in revenue account for 9.1% of combined nonprofit revenues, whereas organizations in Scholarship organizations with more than $100 million account for 35.9% of nonprofit earnings.
Directory of scholarship organizations
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1-20 of 27,098
National Association of Student Financial Aid Administrators
Revenue
$15.4m
Assets
$30.1m
Employees
67
EIN
83-0211970
IRS type
501(c)(3)
United Negro College Fund
Revenue
$158.9m
Assets
$892.4m
Employees
360
EIN
13-1624241
IRS type
501(c)(3)
Scholarship America
Revenue
$259.9m
Assets
$194.4m
Employees
236
EIN
04-2296967
IRS type
501(c)(3)
University System of Maryland Foundation (USMF)
Revenue
$75.5m
Assets
$2.6b
Employees
40
EIN
52-1125663
IRS type
501(c)(3)
Leadingage Pa Foundation
Revenue
$1.1m
Assets
$6.0m
Employees
0
EIN
23-6394750
IRS type
501(c)(3)
Step Up For Students - Florida
Revenue
$859.4m
Assets
$1.7b
Employees
250
EIN
59-3649371
IRS type
501(c)(3)
Pat Tillman Foundation
Revenue
$5.7m
Assets
$6.7m
Employees
27
EIN
20-1072336
IRS type
501(c)(3)
College Possible
Revenue
$34.6m
Assets
$28.1m
Employees
632
EIN
41-1968798
IRS type
501(c)(3)
College Success Foundation
Revenue
$27.7m
Assets
$33.3m
Employees
204
EIN
91-2036088
IRS type
501(c)(3)
Delta Tau Delta Educational Foundation
Revenue
$4.0m
Assets
$31.5m
Employees
11
EIN
31-1020203
IRS type
501(c)(3)
Minnesota State University Moorhead Foundation (MSUMAF)
Revenue
$14.6m
Assets
$77.5m
Employees
16
EIN
23-7101061
IRS type
501(c)(3)
Montgomery County Public Schools Educational Foundation (MCPSEF)
Revenue
$3.3m
Assets
$13.3m
Employees
2
EIN
52-1804509
IRS type
501(c)(3)
Georgia State University Foundation
Revenue
$91.6m
Assets
$565.7m
Employees
0
EIN
58-6033185
IRS type
501(c)(3)
Miami Dade College Foundation
Revenue
$43.4m
Assets
$290.6m
Employees
0
EIN
59-6169745
IRS type
501(c)(3)
Point Foundation
Revenue
$9.1m
Assets
$26.5m
Employees
25
EIN
84-1582086
IRS type
501(c)(3)
Depaul College Prep Foundation
Revenue
$9.5m
Assets
$109.8m
Employees
0
EIN
81-4516326
IRS type
501(c)(3)
Children's Scholarship Fund (CSF)
Revenue
$31.7m
Assets
$64.8m
Employees
34
EIN
13-4002189
IRS type
501(c)(3)
The Cafe Group
Revenue
$19.6m
Assets
$28.7m
Employees
15
EIN
85-3906899
IRS type
501(c)(3)
Marine Corps Scholarship Foundation
Revenue
$39.4m
Assets
$194.1m
Employees
37
EIN
22-1905062
IRS type
501(c)(3)
National Merit Scholarship Corporation
Revenue
$59.1m
Assets
$160.7m
Employees
39
EIN
36-2307745
IRS type
501(c)(3)
