Home/Foundations/The Sallie Mae Fund INC

The Sallie Mae Fund INC

EIN: 52-2015381 • Newark, DE
Total Assets
$2.5M
Foundation endowment scale
Annual Giving
$3M
Annual capital distribution
Typical Grant
$50,000
Most grants: $25K – $99K
Application Status
Invitation Only
Rolling review

About The Sallie Mae Fund INC Grantmaking

The Sallie Mae Fund INC is an institutional grantmaking foundation headquartered in Newark, DE (EIN: 52-2015381). According to verified IRS Form 990-PF filings, the foundation maintains $2.5M in total assets and distributed $3M across 42 grants. Its typical award size is $50,000, with the middle 50% of awards falling between $25K and $99K. Its primary funding focus includes Education & Literacy (92%), Arts, Culture & Humanities (3%), Human Services & Relief (2%), with the highest concentration of grants awarded in DC (67%) and DE (24%).

Top Funded Causes% Capital
Education & Literacy92%
$4.8M deployed12 awards
Arts, Culture & Humanities3%
$150K deployed2 awards
Human Services & Relief2%
$130K deployed4 awards
Community & Economic Dev1%
$75K deployed3 awards
Environment & Animals1%
$50K deployed1 awards
Top Recipient States% Dollars
DC State Recipients67%
$3.6M funded7 grants
DE State Recipients24%
$1.3M funded9 grants
TX State Recipients3%
$176K funded2 grants
OK State Recipients3%
$160K funded3 grants
UT State Recipients3%
$150K funded4 grants
Grant Size DistributionAward Scale
Major Grants ($100K+)26%
11 large institutional grants
Mid-Sized ($25K–$100K)67%
28 standard program grants
Micro & Small (<$25K)7%
3 grassroots micro-awards
Application Guidelines & DeadlinesPublic Filing Data
Application Policy
Invitation Only / Preselected Grantees
Submission Deadlines

Quarterly review cycles. Applications accepted continuously.

Geographic Focus & Restrictions

Priority given to organizations registered and operating in DE or regional districts.

Program Officer & Direct Contacts

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Recent Grant AwardsShowing 5 of 42 verified awards
Recipient OrganizationLocationTax YearAward AmountGrant Purpose
Thurgood Marshall College FundWashington, DC2024$1,625,250General operating expenses
Delaware State UniversityDover, DE2024$375,000General operating expenses
Hbcu Week Foundation INCWilmingtonn, DE2024$200,000General operating expenses
Stony Brook FoundationStony Brook, NY2024$100,000General operating expenses
Point FoundationLos Angeles, CA2024$100,000General operating expenses
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See every recipient The Sallie Mae Fund INC funded over recent filings, get verified decision-maker phone lines, and evaluate your funding match score.

Frequently Asked Questions about The Sallie Mae Fund INC

Does The Sallie Mae Fund INC accept unsolicited grant proposals?

The Sallie Mae Fund INC operates on an invitation-only basis and primarily funds preselected organizations. Direct unsolicited applications are not currently reviewed.

What is the typical grant size from The Sallie Mae Fund INC?

The median grant size from The Sallie Mae Fund INC is $50,000, with the middle 50% of awards ranging between $25K and $99K.

What causes does The Sallie Mae Fund INC fund?

Over recent Form 990-PF filings, The Sallie Mae Fund INC's primary funding areas have been Education & Literacy, Arts, Culture & Humanities, Human Services & Relief.

How do I contact The Sallie Mae Fund INC about a grant?

The Sallie Mae Fund INC is headquartered in Newark, DE. Verified NPO Grant subscribers can access direct program officer telephone extensions, primary office numbers, and detailed submission guidelines.