Mission
ECMC FOUNDATION IS A NATIONALLY FOCUSED FOUNDATION WHOSE MISSION IS TO IMPROVE HIGHER EDUCATION FOR CAREER SUCCESS AMONG UNDERSERVED POPULATIONS THROUGH EVIDENCE-BASED INNOVATION.
Public Charity
ECMC FOUNDATION
ECMC FOUNDATION is a Public Charity headquartered in MINNEAPOLIS, MN. Financial data from the 2024 filing: $82.6M revenue, $76.6M expenses, $2.0B total assets. 8 publicly reported grants to this organization, totaling roughly $240.2M, appear in IRS filings.
EIN: 411990628
MINNEAPOLIS, MN
Management & Technical Assistance
NTEE: B02
Latest filing: 2024
Total Revenue$82.6M
Total Expenses$76.6M
Total Assets$2.0B
Grant Records8
Funding Total$240.2M
Filing Years2019–2024
Where $100 goes at Ecmc Foundation
How Ecmc Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$92
Programs
the work itself
$8
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 $92 for programs
$84
Strategic grantmaking:guided by Ecmc Foundation's strategic framework, commitment to systemic change and north star goal, the foundation leverages two main grantmaking strategies-initiatives and strategically responsive-both of which contain…
$7
Employee engagement:Ecmc Foundation facilitates two main opportunities-a generating outcomes (go!) Program and a discretionary grant program-for staff and leadership across ecmc group to feel connected to Ecmc Foundation's…
$1
Education innovation ventures:education innovation ventures (eiv) makes below-market-rate investments into nonprofit and for-profit ventures that seek to generate both social impact and financial returns
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.
Sample Grants Received
GENERAL SUPPORT
$82,935,000
GENERAL SUPPORT
$58,528,000
GENERAL SUPPORT
$51,572,000
General Support
$30,240,000
General Support
$16,829,000
Showing up to 5 of 8 total records — full history available with membership.
Officers & Directors
GENERAL COUNSEL & CORP SECRETARY
Brian Boardman
PRESIDENT & CEO, ECMC GROUP
Daniel Fisher
DIRECTOR
Derek Langhauser
DIRECTOR
Diana J Ingram
DIRECTOR
Jack O'connell
PRESIDENT, ECMC FOUNDATION
Jacob Fraire
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $82.6M | $76.6M | $2.0B |
| 2023 | $58.2M | $65.7M | $1.7B |
| 2022 | $501.7M | $47.0M | $1.6B |
| 2020 | $47.0M | $56.9M | $828.6M |
| 2019 | $43.4M | $42.3M | $718.8M |
Between 2019 and 2024, reported annual revenue grew from $43.4M to $82.6M (+90%), with total assets most recently reported at $2.0B.
Interactive year-over-year charts and full filing details available with membership.