Education Finance Council Inc
Education Finance Council Inc at a glance
In short: Education Finance Council Inc gave $25K across 1 grant in 2025 (avg $25K), mostly in District of Columbia. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $25,000
- Grants made (2025)
- 1
- Average grant
- $25,000
- Median grant
- $25,000
- Total assets
- $2,368,808
- +1.4% vs 2024
- Primary geography
- District of Columbia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Education Finance Council Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was American Action Forum ($25K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 1 grant totaling $25K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Action Forum Washington, DC | Research | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,368,808 | $1,512,915 | $1,430,300 | $25,000 | 1 | $63,482 |
| 2024 | $2,335,382 | $1,461,321 | $1,455,016 | — | — | $55,480 |
| 2023 | $2,279,778 | $1,338,609 | $1,314,578 | — | — | $35,377 |
| 2022 | $2,242,246 | $1,314,578 | $1,248,081 | — | — | $7,063 |
| 2021 | $2,183,365 | $1,352,672 | $1,162,881 | — | — | $6,587 |
| 2020 | $2,103,227 | $1,257,367 | $1,227,000 | — | — | $23,021 |
About Education Finance Council Inc
Based on IRS filings
Education Finance Council Inc is a public charity focused on Academics, based in Washington, DC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.4M in total assets. In 2025, it awarded 1 grant totaling $25K. Net investment income was $63K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Education Finance Council Inc is led by Gail daMota, President since 2022 (on filings since 2020); 2 of 11 officers listed in 2025 are compensated.
Officers on the 2025 filing
Gail daMota
President
Senior Vice President & COO → President June - Current, 2021
President June - Current → President, 2022
On filings since 2020
40 hrs/week
$221K (2020) → $317K (2025)
Scott Giles
Chair
Director → Chair, 2025
On filings since 2020
2 hrs/week
No compensation reported
Steven W McCullough
Director
On filings since 2020
1 hr/week
No compensation reported
Trey Simon
Director
Vice Chair → Chair, 2022
Chair → Director, 2025
On filings since 2020
1 hr/week
No compensation reported
Jeanette W Weldon
Director
Director → Secretary, 2022
Secretary → Director, 2025
On filings since 2021
1 hr/week
No compensation reported
Will Shaffner
Director
On filings since 2021
1 hr/week
No compensation reported
Joseph Wood
Director
New on the 2025 filing
1 hr/week
No compensation reported
Meghan Lustig
Vice President Operations & Development
On filings since 2023
40 hrs/week
$120K (2023) → $141K (2025)
James Steeley
Secretary
Director → Secretary, 2025
On filings since 2023
1 hr/week
No compensation reported
Chad Tate
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Tricia Dubroc
Vice Chair
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (11)
- Former: David Schwanke (2020–2024) — Treasurer
- Former: Lynne Riley (2022–2024) — Vice Chair
- Former: Alex Ricci (2023–2024) — Vice President Gov Affairs & Communications
- Former: Sana Efird (2023–2024) — Director
- Former: Noel Simpson (2020–2023) — Treasurer
- Former: Kathleen Smith (2020–2022) — Vice Chair
- Former: Patricia Beard (2022) — Director
- Former: Debra J Chromy (2020–2021) — President
- Former: Diana Barber (2020–2021) — Secretary
- Former: Phillip Wambsganss (2020) — Director
- Former: Thomas Graf (2020) — Chair
Data from IRS Form 990 filings, 2020–2025. "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
The highest reported compensation on the 2025 filing was $317K, to Gail daMota (President). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Education Finance Council Inc
How much does Education Finance Council Inc give each year?
Education Finance Council Inc gave $25K across 1 grant in 2025, according to its 2025 IRS Form 990.
How large is Education Finance Council Inc?
Education Finance Council Inc reported $2.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.5M.
What is Education Finance Council Inc?
Education Finance Council Inc is a public charity focused on Academics, based in Washington, DC. It holds $2.4M in total assets as of 2025.
Where does Education Finance Council Inc operate?
Education Finance Council Inc has awarded grants in District of Columbia.
What is Education Finance Council Inc's EIN?
Education Finance Council Inc's EIN (Employer Identification Number) is 52-1801566. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2025 (received by the IRS April 6, 2026)
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