Based in QUINCY, MA, NELLIE MAE EDUCATION FOUNDATION INC operates as a Public Charity. The organization reported $40.9M in revenue, $30.0M in expenses, $543.0M in total assets for fiscal year 2024. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $500K.
THE MISSION OF THE FOUNDATION IS TO CHAMPION EFFORTS THAT PRIORITIZE COMMUNITY GOALS THAT CHALLENGE INEQUITIES AND ADVANCE EXCELLENT, STUDENT-CENTERED PUBLIC EDUCATION FOR ALL NEW ENGLAND YOUTH. THE FOUNDATION IS ORGANIZED AND OPERATED AS A MASSACHUSETTS NOT-FOR-PROFIT CORPORATION TO SUPPORT EDUCATIONAL ORGANIZATIONS.
How Nellie Mae Education Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 1 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $40.9M | $30.0M | $543.0M |
| 2023 | $21.4M | $23.1M | $519.4M |
| 2022 | $23.2M | $26.3M | $483.2M |
| 2020 | $28.7M | $43.2M | $533.2M |
Between 2020 and 2024, reported annual revenue grew from $28.7M to $40.9M (+43%), with total assets most recently reported at $543.0M.
Interactive year-over-year charts and full filing details available with membership.
