Data / Foundation grants / The Sallie Mae Fund Inc
The Sallie Mae Fund Inc: 21 grants to organizations, $3 million (tax year ended December 2024)
The Sallie Mae Fund Inc, a private foundation in Newark, DE, paid 21 grants to organizations totaling $2,994,540 in its tax year ended December 2024, according to its Form 990-PF filed with the IRS on November 7, 2025. The largest was $1,625,250 to Thurgood Marshall College Fund in Washington, DC for general operating expenses.
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- EIN
- 522015381
- Based in
- Newark, DE
- Assets
- $2,524,011
- Grants paid
- $2,994,540
- Tax year ended
- December 2024
Grants paid, tax year ended December 2024
From the Form 990-PF filed November 7, 2025, IRS object ID 202513119349101426. It reported $2,994,540 in grants paid; 21 grants to organizations are listed.
| Recipient | Location | Purpose | Cause | Amount | Source |
|---|---|---|---|---|---|
| Thurgood Marshall College Fund | Washington, DC | General operating expenses | Education | $1,625,250 | apps.irs.gov |
| Delaware State University | Dover, DE | General operating expenses | Education | $375,000 | apps.irs.gov |
| Hbcu Week Foundation Inc | Wilmingtonn, DE | General operating expenses | Education | $200,000 | apps.irs.gov |
| Point Foundation | Los Angeles, CA | General operating expenses | Education | $100,000 | apps.irs.gov |
| Stony Brook Foundation | Stony Brook, NY | General operating expenses | Education | $100,000 | apps.irs.gov |
| Your Cause LLC Fbo the Blackbaud Giving Fund | Charleston, SC | Employees matching gifts program | $99,254 | apps.irs.gov | |
| DC College Access Program | Washington, DC | Generating operating expenses | $75,000 | apps.irs.gov | |
| Boys and Girls Club of Delaware | Wilmingtonn, DE | General operating expenses | $60,000 | apps.irs.gov | |
| Folds of Honor | Owasso, OK | General operating expenses | $50,000 | apps.irs.gov | |
| The American College of the Maditerranean | Tempe, AZ | General operating expense | $50,000 | apps.irs.gov | |
| Utah State University | Logan, UT | General operating expenses | $50,000 | apps.irs.gov | |
| Epsilon Zeta Boule Foundation | Ashburn, VA | General operating expenses | Human services | $35,000 | apps.irs.gov |
| Techpoint Foundation for Youth | Indianapolis, IN | General operating expenses | $35,000 | apps.irs.gov | |
| Bottom Line | Boston, MA | General operating expenses | Community improvement and capacity building | $25,000 | apps.irs.gov |
| Boys and Girls Club of Greater Salt Lake | Murray, UT | General operating expenses | $25,000 | apps.irs.gov | |
| DC Prep | Washington, DC | General operating expenses | $25,000 | apps.irs.gov | |
| Girls Inc of Nyc | New York City, NY | General operating expenses | $25,000 | apps.irs.gov | |
| Latin American Community Center | Wilmingtonn, DE | General operating expenses | Human services | $25,000 | apps.irs.gov |
| Binghamton University | Binghamton, NY | General operating expenses | $6,305 | apps.irs.gov | |
| Ronald McDonald House | Washington, DC | General operating expenses | $5,000 | apps.irs.gov | |
| Baruch Collegecuny | New York, NY | General operating expenses | $3,731 | apps.irs.gov |
Causes funded
From grants whose recipient has a cause.
| Cause | Granted |
|---|---|
| Education | $2,400,250 |
| Human services | $60,000 |
| Community improvement and capacity building | $25,000 |
States funded
| Recipient state | Granted |
|---|---|
| District of Columbia | $1,730,250 |
| Delaware | $660,000 |
| New York | $135,036 |
| California | $100,000 |
| South Carolina | $99,254 |
| Utah | $75,000 |
| Oklahoma | $50,000 |
| Arizona | $50,000 |
Also on SpecStream
- Who funds education in District of Columbia
- Who funds education in Delaware
- Who funds education in California
- Who funds education in New York
- Who funds human services in Virginia
- Who funds community improvement and capacity building in Massachusetts
Updated November 7, 2025. Read from IRS Form 990-PF e-file data. Public domain (U.S. government work). Grants are as each foundation reported them to the IRS on its Form 990-PF. Grants to individuals are left out. A grant has a cause only where the recipient's name and city match one organization in the IRS Business Master File, and the cause is that organization's NTEE major group. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.