SEE SCHEDULE O FINANCIAL LITERACY SERVICES, AND NEED-BASED SCHOLARSHIPS
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$27K
-85.8% YoY
Grant Count
4
-82.6% YoY
Avg Grant Size
$7K
-18.3% YoY
About Educational Funding of the South Inc
Based on IRS filings
Educational Funding of the South Inc is a nonprofit organization focused on Public, Societal Benefit, based in FRANKLIN, TN. IRS filing data is available from 2020 through 2021. In 2021, it awarded 4 grants totaling $27K. Net investment income was $1.6M.
Focus Areas
Ready to take the next step with Educational Funding of the South Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $856,801,782 |
| Revenue | $32,440,997 | $44,506,189 |
| Expenses | $33,709,441 | $45,792,416 |
| Qualifying Distributions | — | — |
| Net Investment Income | $1,584,104 | $559,742 |
| 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 4 recipients in 2021
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Belmont University ($7,000), Lipscomb University ($7,000), Vanderbilt University ($7,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Belmont University Nashville, TN | Scholarships | $7,000 |
| Lipscomb University Nashville, TN | Scholarships | $7,000 |
| University of Memphis memphis, TN | Scholarships | $6,000 |
| Vanderbilt University Nashville, TN | Scholarships | $7,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RON GAMBILL | PRESIDENT/CEO | 50 | $781,505 |
| KEN MANN | CFO | 40 | $183,720 |
| Melissa Markis | assistant VP loan operations | 40 | $103,174 |
| JOHN MAYS | DIRECTOR | 1 | $26,000 |
| MIKE RAGSDALE | DIRECTOR | 1 | $26,000 |
| RICHARD SMELSER | DIRECTOR | 1 | $25,000 |
| JEFF GERKIN | DIRECTOR | 1 | $25,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Educational Funding of the South Inc?
Educational Funding of the South Inc is a nonprofit organization focused on Public, Societal Benefit, based in FRANKLIN, TN. It holds — in total assets as of 2021.
Where does Educational Funding of the South Inc operate?
Educational Funding of the South Inc has awarded grants in Tennessee.
What size grants does Educational Funding of the South Inc award?
In 2021, Educational Funding of the South Inc awarded 4 grants totaling $27K — an average of about $7K per grant, based on its IRS Form 990 filings.
What is Educational Funding of the South Inc's EIN?
Educational Funding of the South Inc's EIN (Employer Identification Number) is 58-1757969. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in Educational Funding of the South Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Maclellan Center for Global Christian Ed
CHATTANOOGA, TN
Assets
$592K
Grants
1
Total Given
$48K
Anne Bransford Wallace Foundation
NASHVILLE, TN
Assets
$553K
Grants
40
Total Given
$43K
Springplace Presbyterian Church 280-5019032
KNOXVILLE, TN
Assets
$140K
Grants
1
Total Given
$6K
United Way of East Tennessee
JOHNSON CITY, TN
Assets
$3.4M
Grants
12
Total Given
$202K
One Family Memphis
MEMPHIS, TN
Assets
$6.4M
Grants
0
Total Given
—
Southeast Center for Cooperative Development
NASHVILLE, TN
Assets
$388K
Grants
1
Total Given
$20K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Educational Funding of the South Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Educational Funding of the South Inc to a real strategy.