Public Charity

EDUCATION LOAN FINANCE INC

EDUCATION LOAN FINANCE INC, of KNOXVILLE, TN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $152.8M in revenue, $135.0M in expenses, $2.0B in total assets. IRS filings disclose 21 grants awarded by this foundation, totaling roughly $751K.

EIN: 621586836 KNOXVILLE, TN Latest filing: 2024
Total Revenue$152.8M
Total Expenses$135.0M
Total Assets$2.0B
Grants Given21
Grant Total$751K
Filing Years2018–2024

Mission

PROVIDES FUNDING FOR POSTSECONDARY STUDENT LOANS AND GRANTS FOR SCHOLARSHIPS THROUGH ITS SUBSIDIARY.

Sample Grants Given

Knoxville, TN · 2018
SCHOLARSHIPS
$54,000
UT Chattanooga Foundation
Chattanooga, TN · 2018
Scholarships
$35,000
Tennessee Tech University
Cookeville, TN · 2018
Scholarships
$32,500
Cleveland, TN · 2018
Scholarships
$30,000
Collegedale, TN · 2018
Scholarships
$30,000

Showing up to 5 of 21 total records — full history available with membership.

Officers & Directors

CHIEF OPERATIONS OFFICER Barbara Thomas
EVP/CFO Bill Thompson
MANAGING DIRECTOR Brent Starling
ACCOUNTING MANAGER Christopher Kirk
DIRECTOR Christopher Simmons
SYSTEMS ENGINEER David Burgett

Officer compensation and complete director data available with membership.

Top Grant Purposes

Scholarships
$458,938 17 grants
SCHOLARSHIPS
$271,000 3 grants
Donation
$21,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $152.8M $135.0M $2.0B
2023 $155.5M $119.0M $2.2B
2022 $139.4M $102.9M $2.1B
2020 $88.3M $73.1M $1.8B
2018 $113.4M $91.5M $2.1B

Between 2018 and 2024, reported annual revenue grew from $113.4M to $152.8M (+35%), with total assets most recently reported at $2.0B.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in TN.

TN

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for EDUCATION LOAN FINANCE INC

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