Ascendium Education Solutions Inc logo

Ascendium Education Solutions Inc

Public charity · Grantmaker Madison, WI EIN: 39-1853833 Website

Ascendium Education Solutions, inc. Operates to provide for philanthropic support and cost effective enablement of access to and persistence in post-secondary education by providing full-range guaranty agency services and grant support to funding sources, educational institutions, charitable organizations, in pursuit of and participation in post-secondary education in accordance with the federal higher education act of 1965, as amended. This mission statement has been reviewed, acknowledged and informally approved by the board.

Ascendium Education Solutions Inc at a glance

In short: Ascendium Education Solutions Inc gave $145.2M across 265 grants in 2025 (avg $548K), top state New York. 20% of 2025 grantees were new. Source: 2025 IRS Form 990.

Annual giving (2025)
$145,239,155
+23.6% vs 2024
Grants made (2025)
265
-7.7% vs 2024
Average grant
$548,072
+33.9% vs 2024
Median grant
$100,788
Total assets
$213,349,472
-4.2% vs 2024
New grantees (estimate)
20% first-time grantees (53 of 264, 2025)
Primary geography
New York (17% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated November 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Ascendium Education Solutions Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Jobs for the Future Inc: $6.9MJobs for the Future Inc$6.9MTeachers College Columbia University: $5.9MTeachers College ColumbiaUniversity$5.9MMerit America: $5.7MMerit America$5.7MMDRC: $5.5MMDRC$5.5MAmerican Institutes for Research in the Behavioral Sciences: $5.3MAmerican Institutes forResearch in the Behavioral…$5.3MWisconsin Association of Independent Colleges and Universities: $5.0MWisconsin Association ofIndependent Colleges and…$5.0MAchieving the Dream Inc: $3.7MAchieving the Dream Inc$3.7MUniversities of Wisconsin System: $3.4MUniversities of WisconsinSystem$3.4MThe Aspen Institute: $3.4MThe Aspen Institute$3.4MBlue Meridian Partners Inc: $3.0MBlue Meridian Partners Inc$3.0M

The largest 2025 recipient was Jobs for the Future Inc ($6.9M). Together the top 10 received $47.7M.

Grant Size Distribution

1,113 grants across all recorded years

412<$50K163$50–100K152$100–250K144$250–500K134$500K–1M97$1–5M11$5M+

The most common grant size was under $50K: 412 grants of 1,113 (37%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

49states

Share of 2025 grant dollars across all 265 itemized grants.

Cities

WashingtonMadisonNew YorkSaint PaulBostonIndianapolisMilwaukeeAberdeenSaint LouisAustinChicagoDenverLos AngelesLittle RockSan FranciscoWilberforceArlingtonChevy ChasePhiladelphiaSanta Monica

Is Ascendium Education Solutions Inc open to new grantees?

20%

first-time grantees, 2025

In 2025, 53 of 264 grantees (20%) were first-time recipients. First grants averaged $429K; repeat grants $581K. How we count

Medians: $31K first-time, $105K repeat.

  • 67% of 2025 grantees were also funded in 2024. Method
  • Giving grew 35% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50M$100M$150M133 grants2019 149 grants2020 181 grants2021 175 grants2022 205 grants2023 287 grants2024 265 grants2025

From 2019 to 2025, annual grant giving ranged from $71.5M (2023) to $145.2M (2025). In 2025 it made 265 grants totaling $145.2M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Jobs for the Future Inc Boston, MAGrant, fair chance to advance: transforming systems and building pathways from corrections to quality jobs$6,854,650
Teachers College Columbia University New York, NYGrant, an applied research agenda to support community college reform and learner advancement grant, expanding and sharing the evidence base of key student success reforms grant, evaluation of scaling shortened academic terms initiative grant, national reporting by hechinger report on postsecondary education and workforce training$5,850,576
Merit America Washington, DCGrant, accelerating workforce training pathways via merit America's opportunity fund contribution, ascendium rapid response support$5,660,000
MDRC New York, NYGrant, accelerating impact: advancing evidence for postsecondary success and economic mobility grant, building & applying strong evidence about postsecondary success & economic mobility contribution, ascendium rapid response support$5,545,531
American Institutes for Research in the Behavioral Sciences Arlington, VAGrant, identifying and scaling programmatic technical assistance in postsecondary education in prison programs grant, rural research support partner$5,279,342
Wisconsin Association of Independent Colleges and Universities Madison, WIGrant, Supporting Low-Income Learners at Wisconsin Independent Colleges$5,000,000
Achieving the Dream Inc Silver Spring, MDGrant, scaling shortened academic terms initiative grant, project success 2024-2025 grant, from opening doors to ushering in- strategic enrollment management for adult learner success grant, project success formative and summative assessment grant, beyond the college walls: principles and partnerships for the next community college decade$3,701,781
Universities of Wisconsin System Madison, WIGrant, Supporting the Wisconsin Tuition Promise 2025$3,400,000
The Aspen Institute Washington, DCGrant, aspen prize, higher education board reform, and increasing focus on college leadership grant, the transfer intensive 2.0 grant, advancing community college students' post-graduation success$3,391,300
Blue Meridian Partners Inc New York, NYContribution, Blue Meridian Partners Impact Investment$3,000,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$213,349,472$186,045,000$196,689,891$145,239,155265$6,512,528
2024$222,593,303$266,994,248$169,298,500$117,463,805287$10,801,794
2023$351,464,064$298,192,646$119,504,517$71,533,809205$9,122,893
2022$289,805,860$388,928,491$166,575,071$107,677,443175$1,390,574
2021$170,907,364$467,309,203$204,796,432$107,113,158181$38,242
2020$288,144,309$427,280,088$313,241,055$100,067,488149$914,737
2019$284,705,811$511,268,683$319,237,947$113,289,317133$14,999,085

About Ascendium Education Solutions Inc

Based on IRS filings

Ascendium Education Solutions Inc is a public charity focused on Education, based in Madison, WI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $213.3M in total assets. In 2025, it awarded 265 grants totaling $145.2M. Net investment income was $6.5M.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Ascendium Education Solutions Inc is led by Jeffery E. Crosby -, President & CEO - Aes since 2024 (on filings since 2022); 9 of 17 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Jeffery E. Crosby -

    President & CEO - Aes

    President & Ceo-Aes → President & CEO - Aes, 2024

    On filings since 2022

    45 hrs/week

    $547K (2022) → $573K (2025)

  • Richard D. George -

    Director - Secretary, Chairman & Treasurer

    Director, Chairman & Treasurer → Director - Secretary, Chairman & Treasurer, 2024

    On filings since 2022

    17 hrs/week

    $11K (2022) → $0 (2025)

  • Barbara A. Wilhelm -

    Director - Claims Review

    On filings since 2022

    45 hrs/week

    $161K (2022) → $169K (2025)

  • Carmen N. Rieg -

    Director - Recovery Administrator

    On filings since 2022

    45 hrs/week

    $138K (2022) → $156K (2025)

  • Cynthia Walsh -

    Director

    On filings since 2022

    3 hrs/week

    $19K (2022) → $46K (2025)

  • David J. Hanson -

    Director

    Director & Secretary → Director, 2024

    On filings since 2022

    1 hr/week

    $9K (2022) → $0 (2025)

  • Maria Gonzalez-Knavel -

    Director

    On filings since 2022

    1 hr/week

    $10K (2023) → $0 (2025)

  • Roger A. Eldridge -

    National Sales Director

    On filings since 2022

    45 hrs/week

    $137K (2022) → $155K (2025)

  • Scott Klug -

    Director

    On filings since 2022

    1 hr/week

    $12K (2022) → $0 (2025)

  • Darren King -

    Director

    On filings since 2024

    1 hr/week

    $23K (2024) → $0 (2025)

  • Leslie Lenzo -

    Director

    On filings since 2024

    1 hr/week

    $23K (2024) → $0 (2025)

  • Emerson Brumback -

    Director - Vice Chairman

    Director & Vice Chairman → Director - Vice Chairman, 2024

    On filings since 2022

    1 hr/week

    $10K (2022) → $0 (2025)

  • Jeffrey S. Dick -

    Systems Analyst

    On filings since 2022

    45 hrs/week

    $171K (2022) → $185K (2025)

  • Beth A. Erickson -

    Vice President - Repayment Solutions

    On filings since 2023

    45 hrs/week

    $317K (2023) → $333K (2025)

  • Benjamin C. Lee -

    Vice President - Guaranty Support Svcs

    New on the 2025 filing

    45 hrs/week

    $162K (2025)

  • Kristi K. Myers -

    Systems Integration Anlst

    New on the 2025 filing

    45 hrs/week

    $147K (2025)

  • Hope E. Merry -

    Chief Financial Officer

    On filings since 2022

    23 hrs/week

    No compensation reported

Former officers (35)
  • Former: Caralyn A Hansen - (2022–2024) — Attigo Senior Mktg Strategist
  • Former: Jacqueline J Fairbairn - (2022–2024) — Vice President - Pol & Reg Compliance
  • Former: Brett G Lindquist - (2024) — Vice President - Strategic Communications
  • Former: Eric C Maly - (2024) — Vice President - Info Security & Tech
  • Former: Matthew R Harlowe - (2024) — Director - Internal Audit
  • Former: Maureen L Harrill - (2024) — Vice President - Human Resources
  • Former: Rebecca E Rapp - (2024) — General Cnsl & Assistant Secretary
  • Former: Mary Burke - (2022–2023) — Director
  • Former: Beth A. Erickson (2019–2022) — Vice President - Repayment Solutions
  • Former: Thomas Scarett - (2022) — Director
  • Former: Amy Kobishop (2019–2021) — Vice President - Education Philanthropy
  • Former: Barbara Wilhelm (2019–2021) — Director - Claims Review
  • Former: Brian Kobishop (2019–2021) — Vice President - It, Security & Logistics
  • Former: Cynthia Walsh (2019–2021) — Director
  • Former: David J Hanson (2019–2021) — Director & Secretary
  • Former: Emerson Brumback (2019–2021) — Director
  • Former: Hope Merry (2019–2021) — Chief Financial Officer
  • Former: Jacqueline Fairbairn (2019–2021) — Vice President - Policy & Reg Compliance
  • Former: Jeff Crosby (2019–2021) — President & Ceo-Aes
  • Former: Jeffrey Dick (2019–2021) — Systems Analyst
  • Former: Mary Burke (2019–2021) — Director
  • Former: Maureen Harrill (2019–2021) — Vice President - Human Resources
  • Former: Rebecca Rapp (2019–2021) — General Cnsl, Chf Prvcy & Assistant Secretary
  • Former: Rebecca Villarreal (2019–2021) — Director Education Philanthropy
  • Former: Richard A Weiss (2019–2021) — Director
  • Former: Richard D George (2019–2021) — Chair & Treasurer
  • Former: Thomas A Scarlett (2019–2021) — Director
  • Former: Brett Lindquist (2020–2021) — Vice President - Strategic Communications
  • Former: Caralyn Hansen (2020–2021) — Attigo Senior Mktg Strategist
  • Former: Matthew Harlowe (2020–2021) — Director Internal Audit
  • Former: Bethany Miller (2021) — Deputy Director - Learning & Imp
  • Former: Eric Wilson (2020) — Deputy Director - Edn Philanthropy
  • Former: Jason Rasmusen (2019) — Director Strategic Committee
  • Former: Kira Cortese (2019) — Creative Director
  • Former: Matt Harlowe (2019) — Director Internal Audit

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Jeffery E Crosby - 3 — President & CEO - AES: $573KJeffery E Crosby - 3President & CEO - AES$573KBeth a Erickson - 3 — VP - Repayment Solutions: $333KBeth a Erickson - 3VP - Repayment Solutions$333KJeffrey S Dick - 3 — Systems Analyst: $185KJeffrey S Dick - 3Systems Analyst$185KBarbara a Wilhelm - 3 — DIR - Claims Review: $169KBarbara a Wilhelm - 3DIR - Claims Review$169KBenjamin C Lee - 3 — VP - Guaranty Support Svcs: $162KBenjamin C Lee - 3VP - Guaranty Support Svcs$162KCarmen N Rieg - 3 — Director - Recovery Admin: $156KCarmen N Rieg - 3Director - Recovery Admin$156KRoger a Eldridge - 3 — National Sales Director: $155KRoger a Eldridge - 3National Sales Director$155KKristi K Myers - 3 — Systems Integration Anlst: $147KKristi K Myers - 3Systems Integration Anlst$147KCynthia Walsh - 1 — Director: $46KCynthia Walsh - 1Director$46K

The highest reported compensation on the 2025 filing was $573K, to Jeffery E Crosby - 3 (President & CEO - AES). 9 officers or directors reported compensation on that filing.

Frequently asked questions about Ascendium Education Solutions Inc

How much does Ascendium Education Solutions Inc give each year?

Ascendium Education Solutions Inc gave $145.2M across 265 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $117.5M across 287 grants.

What is Ascendium Education Solutions Inc's typical grant size?

Ascendium Education Solutions Inc's median grant in 2025 was $100,788, and its average grant was $548,072, across 265 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Ascendium Education Solutions Inc that year got $429K on average.

Where does Ascendium Education Solutions Inc give grants?

Ascendium Education Solutions Inc's top state is New York, with 17% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were District of Columbia (16%) and Wisconsin (14%). The most frequent recipient cities were Madison, WI (39 grants), Washington, DC (29 grants), New York, NY (10 grants) and Boston, MA (7 grants).

Does Ascendium Education Solutions Inc give general operating support?

Not in 2025: none of the 265 grants with a stated purpose on Ascendium Education Solutions Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Good Neighbor Giving 2025" (13 grants), "Triple Your Impact Match 2025" (10 grants) and "Contribution, Ascendium Rapid Response Support" (5 grants).

Who are Ascendium Education Solutions Inc's largest grantees?

Ascendium Education Solutions Inc's largest 2025 grantees include Jobs for the Future Inc ($6,854,650), Teachers College Columbia University ($5,850,576) and Merit America ($5,660,000), according to its 2025 IRS Form 990. Together they received 13% of its itemized 2025 grant dollars.

How large is Ascendium Education Solutions Inc?

Ascendium Education Solutions Inc reported $213.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $186.0M.

What is Ascendium Education Solutions Inc?

Ascendium Education Solutions Inc is a public charity focused on Education, based in Madison, WI. It holds $213.3M in total assets as of 2025.

What is Ascendium Education Solutions Inc's EIN?

Ascendium Education Solutions Inc's EIN (Employer Identification Number) is 39-1853833. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated November 2026. Sourced from IRS Form 990 filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS September 1, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS August 30, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS August 31, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS August 30, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS October 2, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS October 24, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS September 17, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Ascendium Education Solutions Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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