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Tennessee scholarship organizations

There are 351 scholarship and financial aid organizations in Tennessee. Combined, these Tennessean scholarship organizations employ 135 people, earn more than $298 million in revenue each year, and have assets of $3 billion.
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Scholarship organizations by major Tennessee cities

Metro areaNonprofitsRevenues
Nashville
 
134
 
$47,452,908
Memphis
 
55
 
$48,724,515
Knoxville
 
47
 
$163,505,587
Chattanooga
 
20
 
$469,291
Jackson, TN
 
16
 
$916,356
Clarksville
 
14
 
$21,288,148
Kingsport
 
7
 
$74,907
Johnson City
 
5
 
$6,360
Morristown
 
4
 
$141,816
Cleveland, TN
 
1
 
$299,040
Showing 10 of 10 metros

Job trends for Tennessee scholarship organizations

Employees per organizationNumber of organizations
0
 
66
1-10
 
7
11-25
 
1
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
 
98
$250k to $1M
 
16
$1M to $5M
 
7
$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 351

Educational Loan Finance

ELFI provides educational loans, financial literacy resources, education program funding, and grants for scholarships to pre-college and college students.
Revenue
$152.8m
Assets
$2.0b
Employees
34
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
$40.9m
Assets
$264.3m
Employees
6
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
$21.3m
Assets
$93.6m
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
$22.4m
Assets
$125.2m
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
$13.8m
Assets
$149.9m
Employees
0
EIN
59-1777911
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
$3.7m
Assets
$64.1m
Employees
6
EIN
23-7077869
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)

The Orau Foundation

The Orau Foundation promotes higher scientific education through research grants and post-graduate awards. It supports Oak Ridge Associated Universities.
Revenue
$2.2m
Assets
$64.3m
Employees
0
EIN
58-1512615
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
$12.5m
Assets
$5.3m
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)

Bolton College Trust

The Bolton College Trust supports Bolton High School and awards four-year college scholarships to graduating seniors in Memphis, TN.
Revenue
$1.2m
Assets
$5.3m
Employees
0
EIN
62-1064752
IRS type
501(c)(4)

Blackberry Farm Foundation

Blackberry Farm Foundation supports children and food-related charities in East Tennessee, reviewing grant requests to benefit the community.
Revenue
$959.3k
Assets
$2.0m
Employees
0
EIN
82-3457227
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
$1.6m
Assets
$8.0m
Employees
4
EIN
62-1723618
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
$1.7m
Assets
$327.7k
Employees
3
EIN
46-4528066
IRS type
501(c)(3)

Lt Robert E Hayes and Aaron F Hayes Memorial Scholarship and Youth

Lt Robert E Hayes and Aaron F Hayes Memorial Scholarship and Youth is a scholarship or financial aid organization in Antioch, TN that was founded in 2006.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
56-2579304
IRS type
501(c)(3)

JBC Scholarship Fund

JBC Scholarship Fund is a scholarship or financial aid organization in Lebanon, TN that was founded in 2014.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
45-3530969
IRS type
501(c)(3)

Theta Delta Alumn Foundation

Theta Delta Alumn Foundation is a scholarship or financial aid organization in Chattanooga, TN that was founded in 2019.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
32-0600376
IRS type
501(c)(3)

Charles Family Foundation / Dogtrot Society

Charles Family Foundation / Dogtrot Society is a scholarship or financial aid organization in Greeneville, TN that was founded in 2025.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
39-2883103
IRS type
501(c)(3)

Rich in My Head (RIMH)

RIMH is a scholarship or financial aid organization in Nashville, TN that was founded in 2025.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
39-2576398
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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