ECMC GROUP, INC'S MISSION IS TO HELP STUDENTS SUCCEED BY CREATING, PROVIDING AND INVESTING IN INNOVATIVE EDUCATIONAL OPPORTUNITIES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.7B
+7.2% YoY
Annual Giving
$105.6M
+13.3% YoY
Grant Count
14
-12.5% YoY
Avg Grant Size
$7.5M
+29.5% YoY
About Ecmc Group Inc
Based on IRS filings
Ecmc Group Inc is a nonprofit organization focused on Education, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.7B in total assets. In 2024, it awarded 14 grants totaling $105.6M. Net investment income was $186.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,676,831,671 | $5,293,474,958 | $5,422,363,648 |
| Revenue | $501,325,316 | $5,041,564,260 | $467,330,504 |
| Expenses | $280,995,832 | $269,141,527 | $680,177,668 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $186,593,924 | $4,573,551,121 | $101,941,700 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ecmc Foundation ($82,935,000), Educational Credit Management Corporation ($12,611,000), Ecmc Education Inc ($9,600,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BESTPREP BROOKLYN PARK, MN | PROGRAM SPONSORSHIP, GENERAL SUPPORT | $25,500 |
| CRISTO REY JESUIT HIGH SCHOOL TWIN CITIES MINNEAPOLIS, MN | CORPORATE INTERNSHIP PROGRAM | $48,750 |
| HIRED MINNEAPOLIS, MN | PROGRAM SPONSORSHIP | $7,750 |
| JOBS FOR THE FUTURE BOSTON, MA | PROGRAM SPONSORSHIP | $21,800 |
| JUNIOR ACHIEVEMENT NORTH ST PAUL, MN | PROGRAM SPONSORSHIP, GENERAL SUPPORT | $47,560 |
| JUNIOR ACHIEVEMENT OF SACRAMENTO INC SACRAMENTO, CA | PROGRAM SPONSORSHIP, GENERAL SUPPORT | $10,100 |
| JUNIOR ACHIEVEMENT OF SOUTHERN CALIFORNIA INC LOS ANGELES, CA | PROGRAM SPONSORSHIP | $7,500 |
| MATTER ST LOUIS PARK, MN | PROGRAM SUPPORT | $5,100 |
| READING PARTNERS TWIN CITIES ST PAUL, MN | GENERAL SUPPORT | $5,013 |
| REVE ACADEMY MINNEAPOLIS, MN | PROGRAM SPONSORSHIP | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL FISHER | PRESIDENT & CEO | 40 | $1,373,427 |
| JAMES V MCKEON | BOARD CHAIR | 13 | — |
| DIANA J INGRAM | DIRECTOR | 7 | — |
| JACK O'CONNELL | DIRECTOR | 5 | — |
| JULIA S GOUW | DIRECTOR | 5 | — |
| DEREK LANGHAUSER | DIRECTOR | 5 | — |
| JAMES RUNCIE | DIRECTOR | 7 | — |
| JENNIFER ANDERSON | DIRECTOR | 6 | — |
| K PAUL SINGH | DIRECTOR | 10 | — |
| MARTIN SCANLON | CFO & TREASURER | 40 | $903,005 |
| BRIAN BOARDMAN | GENERAL COUNSEL & CORP SECRETARY | 40 | $520,510 |
| JOSEPH WATT | VP, IMPACT INVESTING | 40 | $358,717 |
| HEIDI JOHNSON | CHIEF OF STAFF | 40 | $512,190 |
| HUGH MCSHERRY | VP, CORPORATE SERVICES | 40 | $322,981 |
| TIFFANY THOMPSON | VP, FINANCE & CONTROLLER | 40 | $333,642 |
| ADAM TRAMPE | VP, DEPUTY GENERAL COUNSEL | 40 | $345,308 |
| AARON WOODRICH | VP, INFORMATION TECH | 40 | $270,117 |
| SARAH STREHL | CHIEF HUMAN RESOURCES OFFICER | 40 | $705,672 |
| JOHN MCKENNELL | CHIEF INFORMATION SECURITY OFFICER | 40 | $347,332 |
| IRIS CUMBERBATCH | SR VP, CORPORATE AFFAIRS | 40 | $513,337 |
| RAHOUL GHOSE | CHIEF INFORMATION OFFICER | 40 | $660,107 |
| JOSH ULLOM | VP, APPLICATIONS & ANALYTICS | 40 | $160,412 |
| MATTHEW MIKULSKI | VP, INTERNAL AUDIT | 40 | $294,197 |
| STEVE HANSEN | VP, INFORMATION TECH-THRU 6/26 | 40 | $195,904 |
| DEAN VANDECOEVERING | SR DIR, FINANCE | 40 | $274,721 |
| STEVEN HUPERT | DIR, INFORMATION TECH | 40 | $256,099 |
| ANN JOHNSTON | SR DIR, IT BUSINESS OPERATIONS | 40 | $275,559 |
| JOHN YOPP | DIR, SOFTWARE ENGINEERING | 40 | $267,325 |
| TROY GUNDERMAN | DIR, LITIGATION | 40 | $280,025 |
| JEREMY WHEATON | FORMER PRESIDENT & CEO | — | $19,539 |
| JOHN F DEPODESTA | FORMER BOARD CHAIR | — | — |
| GREGORY VAN GUILDER | FORMER CHIEF INVESTMENT OFFICER | — | $27,619 |
| PHILIP BECKER | FORMER VP, INVESTMENTS | 40 | $15,075 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ecmc Group Inc?
Ecmc Group Inc is a nonprofit organization focused on Education, based in MINNEAPOLIS, MN. It holds $5.7B in total assets as of 2024.
How large is Ecmc Group Inc?
As of 2024, Ecmc Group Inc holds $5.7B in total assets with $501.3M in annual revenue. It awarded 14 grants totaling $105.6M in 2024.
Where does Ecmc Group Inc operate?
Ecmc Group Inc has awarded grants in California, District of Columbia, Georgia, Illinois, Massachusetts, Minnesota, Texas.
What size grants does Ecmc Group Inc award?
In 2024, Ecmc Group Inc awarded 14 grants totaling $105.6M — an average of about $7.5M per grant, based on its IRS Form 990 filings.
What is Ecmc Group Inc's EIN?
Ecmc Group Inc's EIN (Employer Identification Number) is 41-1991995. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ecmc Group Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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