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Scholarship and financial aid organizations

There are 25,324scholarship organizations in the United States. Combined, these scholarship organizationsemploy 19,923 people, earn more than $13 billion in revenue each year, and have assets of $81 billion.
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Job trends for Scholarship organizations

Employees per organizationNumber of organizations
0
4,323
1-10
680
11-25
124
26-100
83
101 to 1,000
25
1,000+
2
Key takeaways for employment stats:

Sizes of scholarship organizations

Revenues per organizationNumber of organizations
< $250k
6,975
$250k to $1M
1,154
$1M to $5M
593
$5M to $25M
212
$25M to $100M
55
$100M+
21
Key takeaways for revenue stats:

Directory of scholarship organizations

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1-20 of 25,324

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
$14.4m
Assets
$162.1m
Employees
5
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)

State University of Ny College at Farmingdale Foundation

Farmingdale State College Foundation provides scholarships, awards, and donations for educational purposes to Farmingdale State College.
Revenue
$5.3m
Assets
$14.1m
Employees
0
EIN
23-7046497
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)

Automobile Dealers Educational Assistance Foundation

Promotion of the Automotive industry including the organization of the Cleveland auto show, educational programs and research support.
Revenue
$5.2m
Assets
$12.3m
Employees
0
EIN
34-1057430
IRS type
501(c)(6)

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)

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)

Adopt-A-Student Foundation

The Adopt-A-Student Foundation is charitable organization established to ensure that students of all economic, educational, and faith backgrounds have access to a quality, values-based college preparatory education.
Revenue
$11.7m
Assets
$48.0m
Employees
0
EIN
04-6665080
IRS type
501(c)(3)

10000 Degrees

10,000 Degrees believes everyone should have a chance at college. We advocate for equal educational opportunity and support students in need to successfully access, pursue and complete higher education.
Revenue
$21.7m
Assets
$27.4m
Employees
112
EIN
95-3667812
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
$19.7m
Assets
$145.9m
Employees
18
EIN
85-0557522
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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