Tennessee scholarship organizations

Name: Top 20 Scholarship organizations in Tennessee
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

There are 335scholarship and financial aid organizations in Tennessee. Combined, these Tennesseanscholarship organizationsemploy 133 people, earn more than $291 million in revenue each year, and have assets of $3 billion.

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List of Tennessee scholarship organizations
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Employment
Revenues

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Scholarship organizations by major Tennessee cities

Metro area	Nonprofits	Employees	Revenues	Assets
Nashville	125	31	$46,258,005	$207,691,411
Memphis	55	12	$48,535,851	$288,513,657
Knoxville	47	90	$165,314,827	$2,220,349,287
Chattanooga	19	0	$454,493	$2,633,472
Jackson, TN	14	0	$895,671	$5,258,228
Clarksville	12	0	$13,808,666	$79,677,043
Kingsport	6	0	$74,907	$34,439
Johnson City	5	0	$44,915	$151,557
Morristown	4	0	$141,816	$1,201,123
Cleveland, TN	2	0	$299,040	$1,228,520

Showing 10 of 10metros

Job trends for Tennessee scholarship organizations

Employees per organization	Number of organizations
0	65
1-10	7
11-25	1
26-100	2
101 to 1,000	0
1,000+	0

Key takeaways for employment stats:

Employment in Tennessee scholarship organizations is driven by large organizations like tnAchieves, Educational Loan Finance, Tennessee Higher Education Initiative, United Methodist Higher Education Foundation (UMHEF), and University of Memphis Foundation.

Sizes of scholarship organizations in Tennessee

Revenues per organization	Number of organizations
< $250k	94
$250k to $1M	15
$1M to $5M	7
$5M to $25M	5
$25M to $100M	1
$100M+	1

Key takeaways for revenue stats:

Large organizations like Educational Loan Finance, University of Memphis Foundation, Tennessee State University Foundation, Austin Peay State University Foundation, and Tennessee Technological University Foundation earn the majority of revenues among nonprofits in Tennessee scholarship organizations.
Organizations with less than $1 million in revenue account for 4.1% of combined nonprofit revenues, whereas organizations in Tennessee scholarship organizations with more than $100 million account for 53.4% of nonprofit earnings.

Directory of scholarship organizations in Tennessee

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1-20 of 335

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

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

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

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

EIN

62-0961836

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

EIN

59-1777911

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

EIN

23-7105693

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

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

EIN

45-4531767

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

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

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

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

EIN

62-1064752

IRS type

501(c)(4)

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

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

EIN

62-1723618

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)

The Foundation for Education Progress in Warren County

The Foundation for Education Progress in Warren County enhances academic scholarships and programs to improve educational progress in Warren County. It offers educational assistance to students in the area from its location in Mcminnville, TN.

Revenue

$72.1k

Assets

$256.2k

Employees

N/A

EIN

62-1747432

IRS type

501(c)(3)

C M Gooch Fbo M S C W Tuwc 44-3000462

"C M Gooch Fbo M S C W Tuwc 44-3000462 offers educational help for those in need through scholarships and student financial aid services. Their programs specifically include Mississippi Univ. The organization is located in Memphis, TN.".

Revenue

$2,090

Assets

$61.3k

Employees

N/A

EIN

62-6093806

IRS type

501(c)(91)

Grand Encampment of KT PHA Crown and Cross Charity and SCHLRSHP Foundation

Grand Encampment of KT PHA Crown and Cross Charity and SCHLRSHP Foundation is a scholarship or financial aid organization in Clarksville, TN that was founded in 2011.

Revenue

N/A

Assets

N/A

Employees

N/A

EIN

33-1170333

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)

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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.

Tennessee scholarship organizations

Scholarship organizations by major Tennessee cities

Job trends for Tennessee scholarship organizations

Sizes of scholarship organizations in Tennessee

Directory of scholarship organizations in Tennessee

Educational Loan Finance

University of Memphis Foundation

tnAchieves

Austin Peay State University Foundation

Tennessee Technological University Foundation

Tennessee State University Foundation

United Methodist Higher Education Foundation (UMHEF)

Tennessee Higher Education Initiative

Equal Chance for Education

Governors Rural Education Foundation

The University of Memphis Research Foundation

Bolton College Trust

The Orau Foundation

Memphis Opportunity Scholarship Trust

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

JBC Scholarship Fund

The Foundation for Education Progress in Warren County

C M Gooch Fbo M S C W Tuwc 44-3000462

Grand Encampment of KT PHA Crown and Cross Charity and SCHLRSHP Foundation

Jordon Legacy Group

Nonprofits

Product

Customers

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