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Tennessee scholarship organizations

There are 331scholarship and financial aid organizations in Tennessee. Combined, these Tennesseanscholarship organizationsemploy 138 people, earn more than $282 million in revenue each year, and have assets of $3 billion.
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Scholarship organizations by major Tennessee cities

Metro areaNonprofitsRevenues
Nashville
124
$35,165,262
Memphis
55
$54,463,369
Knoxville
47
$165,098,810
Chattanooga
17
$454,493
Jackson, TN
14
$782,077
Clarksville
12
$13,808,666
Kingsport
5
$0
Johnson City
5
$44,915
Morristown
4
$141,816
Cleveland, TN
2
$8,295
Showing 10 of 10metros

Job trends for Tennessee scholarship organizations

Employees per organizationNumber of organizations
0
64
1-10
6
11-25
2
26-100
2
101 to 1,000
0
1,000+
0
Key takeaways for employment stats:

Sizes of scholarship organizations in Tennessee

Revenues per organizationNumber of organizations
< $250k
93
$250k to $1M
14
$1M to $5M
6
$5M to $25M
5
$25M to $100M
1
$100M+
1
Key takeaways for revenue stats:

Directory of scholarship organizations in Tennessee

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1-20 of 331

Educational Loan Finance

ELFI provides educational loans, financial literacy resources, education program funding, and grants for scholarships to pre-college and college students.
Revenue
$155.5m
Assets
$2.2b
Employees
33
EIN
62-1586836
IRS type
501(c)(3)

University of Memphis Foundation

The Foundation was formed exclusively to benefit the University of Memphis and accepts, manages and disburses private support to the University.
Revenue
$47.6m
Assets
$222.7m
Employees
0
EIN
62-6048540
IRS type
501(c)(3)

tnAchieves

The mission of tnAchieves is to increase higher education opportunities for Tennessee public high school students by providing last dollar scholarships with mentor guidance.
Revenue
$5.7m
Assets
$1.3m
Employees
52
EIN
27-4673873
IRS type
501(c)(3)

Austin Peay State University Foundation

The Austin Peay State University Foundation offers scholarships, awards, and funds for various educational purposes within APSU.
Revenue
$13.8m
Assets
$79.7m
Employees
0
EIN
62-0961836
IRS type
501(c)(3)

Tennessee State University Foundation

The Tennessee State University Foundation supports the university's goals through scholarships and general support.
Revenue
$11.5m
Assets
$109.5m
Employees
0
EIN
23-7105693
IRS type
501(c)(3)

Tennessee Technological University Foundation

TTU Foundation promotes TTU development and provides private gift support, making purchases and transfers on behalf of departments.
Revenue
$10.6m
Assets
$138.1m
Employees
0
EIN
59-1777911
IRS type
501(c)(3)

Tennessee Higher Education Initiative

Tennessee Higher Education Initiative is a non-profit organization working to disrupt systems of harm and create opportunities for autonomy and success by providing college access to people inside Tennessee prisons, preparing students for skillful re-entr....
Revenue
$2.9m
Assets
$645.6k
Employees
22
EIN
45-4531767
IRS type
501(c)(3)

United Methodist Higher Education Foundation (UMHEF)

Part of United Methodist Higher Education Foundation's mission is to develop a sound funding base to ensure the continuing presence and influence of The United Methodist Church in providing higher education in a Christian context.
Revenue
$2.4m
Assets
$61.9m
Employees
6
EIN
23-7077869
IRS type
501(c)(3)

Equal Chance for Education

Our goal is to provide an Equal opportunity to achieve the American dream through the completion of a college Education by providing direct payment scholarships to Education institutions.
Revenue
$2.0m
Assets
$377.0k
Employees
3
EIN
46-4528066
IRS type
501(c)(3)

Governors Rural Education Foundation

The Governors Rural Education Foundation boosts college access and readiness for Tennessee students by funding effective programs from other 501(c)(3) organizations.
Revenue
$12.6m
Assets
$87.0k
Employees
0
EIN
86-3628875
IRS type
501(c)(3)

The University of Memphis Research Foundation

U of M Research Foundation supports university's educational, research, and service functions. Aids tech transfer and administers sponsored projects.
Revenue
$2.5m
Assets
$5.0m
Employees
0
EIN
20-5400381
IRS type
501(c)(3)

The Orau Foundation

The Orau Foundation promotes higher scientific education through research grants and post-graduate awards. It supports Oak Ridge Associated Universities.
Revenue
$1.9m
Assets
$52.6m
Employees
0
EIN
58-1512615
IRS type
501(c)(3)

Memphis Opportunity Scholarship Trust

Most provides scholarships to low-income families in Memphis, TN, promoting educational opportunities and empowering parents to choose the best schools for their children.
Revenue
$1.8m
Assets
$7.8m
Employees
3
EIN
62-1723618
IRS type
501(c)(3)

Jordon Legacy Group

Jordon Legacy Group is a scholarship or financial aid organization in Nashville, TN that was founded in 2018.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
82-3449158
IRS type
501(c)(3)

East Tennessee Engineering Associations Council

East Tennessee Engineering Associations Council is a scholarship or financial aid organization in Kingsport, TN that was founded in 2007.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
83-0482150
IRS type
501(c)(3)

Knox County Retired Teachers Scholarship Foundation

The Knox County Retired Teachers Scholarship Foundation provides scholarships for college students who are seeking a degree in Education. Their programs include exclusively scholarships.
Revenue
$34.5k
Assets
$158.7k
Employees
0
EIN
62-1553756
IRS type
501(c)(3)

Epsilon Xi Sigma Foundation

Epsilon Xi Sigma Foundation is a scholarship or financial aid organization in Chattanooga, TN that was founded in 2015.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
45-1846684
IRS type
501(c)(3)

Target the Future

Target the Future is a scholarship or financial aid organization in Winchester, TN that was founded in 2018.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
81-4034178
IRS type
501(c)(3)

Charlie and Jane Bayless Scholarship Funds

Charlie and Jane Bayless Scholarship Funds aim to support high school students pursuing higher education by offering scholarships. The fund has awarded four scholarships to area high school students.
Revenue
$38.6k
Assets
$146.5k
Employees
N/A
EIN
62-1865387
IRS type
501(c)(3)

Foundation for Empowering All Tennesseans

A nonprofit in Nashville collaborating with stakeholders and partners to empower Tennessee's K-12 public education by promoting academic success.
Revenue
$16.0k
Assets
$12.9k
Employees
0
EIN
83-2760684
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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