PROVIDES FUNDING FOR POSTSECONDARY STUDENT LOANS AND GRANTS FOR SCHOLARSHIPS THROUGH ITS SUBSIDIARY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0B
-5.8% YoY
Revenue
$152.8M
-1.8% YoY
Net Investment Income
$21.5M
-12.1% YoY
Expenses
$135.0M
+13.4% YoY
About Education Loan Finance Inc
Based on IRS filings
Education Loan Finance Inc is a nonprofit organization focused on Education, based in KNOXVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0B in total assets. Net investment income was $21.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,031,275,123 | $2,155,671,295 | $2,133,641,824 |
| Revenue | $152,761,053 | $155,521,982 | $139,396,971 |
| Expenses | $134,960,317 | $119,011,760 | $102,869,647 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $21,528,794 | $24,497,577 | $19,194,655 |
| 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 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BILL THOMPSON | EVP/CFO | 18 | $525,012 |
| JOHN ARNOLD | PRESIDENT/CEO | 20 | $1,418,864 |
| CHRISTOPHER SIMMONS | DIRECTOR | 1 | $72,000 |
| ROBERT ROSENBAUM | DIRECTOR | 1 | $82,000 |
| STEPHEN CLARK | DIRECTOR | 1 | $72,000 |
| BARBARA THOMAS | CHIEF OPERATIONS OFFICER | 16 | $487,320 |
| ERIC STEWART | CHIEF ACCOUNTING OFFICER | 40 | $305,281 |
| EVA CHAMPION | CHIEF HUMAN RESOURCES OFFICER (THRU 01/2024) | 4 | $6,091 |
| JEFF GIBBS | CHIEF INFORMATION OFFICER | 4 | $62,020 |
| JOSEPH LITTLETON | CHIEF INFORMATION SECURITY OFFICER | 19.2 | $108,638 |
| MICHAEL O'DONNELL | EXECUTIVE VICE PRESIDENT | 16 | $324,220 |
| VICKI WEAVER | CHIEF HUMAN RESOURCES OFFICER (AS OF 03/2024) | 4 | $16,625 |
| BRENT STARLING | MANAGING DIRECTOR | 40 | $215,356 |
| JASON BOLIN | CONTROLLER | 40 | $189,439 |
| CHRISTOPHER KIRK | ACCOUNTING MANAGER | 40 | $106,165 |
| DAVID BURGETT | SYSTEMS ENGINEER | 8 | $34,479 |
| MELISSA MARKIS | AVP SERVICER COMPLIANCE | 20 | $57,797 |
| STEVEN FISHER | SYSTEMS ADMIN | 10 | $38,227 |
| WILLIAM LEROY TAYLOR | SYSTEMS ENGINEER | 8 | $32,641 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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