Mission
TO FOSTER, AID, ENCOURAGE AND ASSIST THE PURSUIT OF HIGHER EDUCATION BY REDUCING THE COST OF HIGHER EDUCATION THROUGH THE TOTAL HIGHER EDUCATION (THE) LOAN PROGRAM AND ADDITIONALLY THROUGH A GRANTS PROGRAM.
Public Charity
NORTHSTAR EDUCATION FINANCE INC
NORTHSTAR EDUCATION FINANCE INC is a private foundation categorized as Public Charity based in EDEN PRAIRIE, MN. Its most recent IRS filing (2025) reports revenue of $51.3M, expenses of $56.8M, total assets of $727.7M. Imperigo tracks 43 reported grants from this foundation totaling approximately $42.2M.
EIN: 411961427
EDEN PRAIRIE, MN
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2025
Total Revenue$51.3M
Total Expenses$56.8M
Total Assets$727.7M
Grants Given43
Grant Total$42.2M
Filing Years2021–2025
Where $100 goes at Northstar Education Finance Inc
How Northstar Education Finance Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$96
Programs
the work itself
$4
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $96 for programs
$74
Manage a portfolio of ffelp (95%) and private (5%) student loans
$22
Provide grants to other organizations to enhance post-secondary education opportunities for minnesota students by relieving some of their financial burden through scholarships and/or assistance with their post-secondary readiness…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Before you apply to Northstar Education Finance Inc
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Sample Grants Given
SCHOLARSHIPS AND ASSOCIATED PROGRAM SUPPORT
$8,374,379
SCHOLARSHIPS AND ASSOCIATED PROGRAM SUPPORT
$1,447,000
COLLEGE COUNSELING AND STUDENT TRANSITION PROGRAMMING
$530,696
CONSTRUCTION AND PROGRAM DEVELOPMENT
$500,000
SCHOLARSHIPS, PROGRAM OPERATIONS
$492,500
Showing up to 5 of 43 total records — full history available with membership.
Officers & Directors
CFO & TREASURER
Charles Osborne
DIRECTOR
Clyde Nelson
DIRECTOR
David Reiling
BOARD CHAIR
John Emerick
DIRECTOR
Mary Rothchild
DIRECTOR
Paul Maniffa
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $51.3M | $56.8M | $727.7M |
| 2024 | $68.1M | $67.0M | $825.6M |
| 2023 | $72.6M | $74.9M | $1.0B |
| 2022 | $40.2M | $46.0M | $1.3B |
| 2021 | $37.6M | $40.3M | $1.6B |
Between 2021 and 2025, reported annual revenue grew from $37.6M to $51.3M (+37%), with total assets most recently reported at $727.7M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in MN.
MN
Full geographic grant map with state-by-state breakdown available with membership.