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Filing year 2024

THE SALLIE MAE FUND INC

Newark, Delaware·EIN 52-2015381·NTEE B99Z · Education·501(c)(3)
Total revenue
$261k
Total assets
$2.5M
Total expenses
$3.1M
Reported officers
8

Reported officers (all unpaid)

No paid executives reported in 2024. THE SALLIE MAE FUND INC reported 8 unpaid officers and board members on its 990-PF.

President
Secretary
Treasurer
Director
Director
Director
Director
Vice President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$3M

Itemized grants

21

Median grant

$50k

RecipientLocationPurposeAmount
THURGOOD MARSHALL COLLEGE FUNDWASHINGTON, DCGENERAL OPERATING EXPENSES$1.6M
DELAWARE STATE UNIVERSITYDOVER, DEGENERAL OPERATING EXPENSES$375k
HBCU WEEK FOUNDATION INCWILMINGTONN, DEGENERAL OPERATING EXPENSES$200k
POINT FOUNDATIONLOS ANGELES, CAGENERAL OPERATING EXPENSES$100k
STONY BROOK FOUNDATIONSTONY BROOK, NYGENERAL OPERATING EXPENSES$100k
YOUR CAUSE LLC FBO THE BLACKBAUD GIVING FUNDCHARLESTON, SCEMPLOYEES MATCHING GIFTS PROGRAM$99k
DC COLLEGE ACCESS PROGRAMWASHINGTON, DCGENERATING OPERATING EXPENSES$75k
BOYS AND GIRLS CLUB OF DELAWAREWILMINGTONN, DEGENERAL OPERATING EXPENSES$60k
FOLDS OF HONOROWASSO, OKGENERAL OPERATING EXPENSES$50k
THE AMERICAN COLLEGE OF THE MADITERRANEANTEMPE, AZGENERAL OPERATING EXPENSE$50k
UTAH STATE UNIVERSITYLOGAN, UTGENERAL OPERATING EXPENSES$50k
EPSILON ZETA BOULE FOUNDATIONASHBURN, VAGENERAL OPERATING EXPENSES$35k
TECHPOINT FOUNDATION FOR YOUTHINDIANAPOLIS, INGENERAL OPERATING EXPENSES$35k
BOTTOM LINEBOSTON, MAGENERAL OPERATING EXPENSES$25k
BOYS AND GIRLS CLUB OF GREATER SALT LAKEMURRAY, UTGENERAL OPERATING EXPENSES$25k
DC PREPWASHINGTON, DCGENERAL OPERATING EXPENSES$25k
GIRLS INC OF NYCNEW YORK CITY, NYGENERAL OPERATING EXPENSES$25k
LATIN AMERICAN COMMUNITY CENTERWILMINGTONN, DEGENERAL OPERATING EXPENSES$25k
BINGHAMTON UNIVERSITYBINGHAMTON, NYGENERAL OPERATING EXPENSES$6k
RONALD MCDONALD HOUSEWASHINGTON, DCGENERAL OPERATING EXPENSES$5k
BARUCH COLLEGECUNYNEW YORK, NYGENERAL OPERATING EXPENSES$4k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE SALLIE MAE FUND INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$358k
$1.5M
2023
$261k
$3.1M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Education executives earn in Delaware

THE SALLIE MAE FUND INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable education organization in Delaware earns a median of $109,600.

25th percentile
$48k
Median
$109,600
75th percentile
$193k
90th percentile
$345k

These are education sector-wide figures, not this organization's reported pay. Based on 112 organizations across 112 filings (2022 – 2024).

See full Education pay data for Delaware
FAQ

Common questions about THE SALLIE MAE FUND INC

What are THE SALLIE MAE FUND INC's revenue and expenses?

In 2024, THE SALLIE MAE FUND INC reported $261k in total revenue and $3.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.