Public Charity

Educational Funding of the South Inc

Educational Funding of the South Inc is a private foundation categorized as Public Charity based in FRANKLIN, TN. Its most recent IRS filing (2021) reports revenue of $32.4M, expenses of $33.7M. Imperigo tracks 76 reported grants from this foundation totaling approximately $642K.

EIN: 581757969 FRANKLIN, TN General Support NTEE: DEFAULT Latest filing: 2021
Total Revenue$32.4M
Total Expenses$33.7M
Grants Given76
Grant Total$642K
Filing Years2017–2021

Mission

SEE SCHEDULE O FINANCIAL LITERACY SERVICES, AND NEED-BASED SCHOLARSHIPS

Sample Grants Given

Nashville, TN · 2020
Scholarships
$7,000
Nashville, TN · 2020
Scholarships
$7,000
Nashville, TN · 2020
Scholarships
$7,000
University of Memphis
memphis, TN · 2020
Scholarships
$6,000
Nashville, TN · 2019
Scholarships
$14,000

Showing up to 5 of 76 total records — full history available with membership.

Officers & Directors

DIRECTOR Jeff Gerkin
DIRECTOR John Mays
CFO Ken Mann
assistant VP loan operations Melissa Markis
DIRECTOR Mike Ragsdale
DIRECTOR Richard Smelser

Officer compensation and complete director data available with membership.

Top Grant Purposes

Scholarships
$375,000 44 grants
SCHOLARSHIPS
$200,500 23 grants
scholarships
$56,000 8 grants
DONATION
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2021 $32.4M $33.7M
2020 $44.5M $45.8M $856.8M
2019 $55.8M $58.9M $976.1M
2018 $57.1M $55.0M $1.1B
2017 $63.2M $61.2M $1.3B

Between 2017 and 2021, reported annual revenue declined from $63.2M to $32.4M (-49%).

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 Educational Funding of the South Inc

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