Educational Funding of the South Inc logo

Educational Funding of the South Inc

FRANKLIN, TN EIN: 58-1757969 Website

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BristolFranklinHendersonJacksonJefferson CityJohnson CityKnoxvilleLebanonMartinMaryvilleMemphisMiligan CollegeMurfreesboroNashvillePulaskiSewaneeTusculum

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$13M$25M$38M$50M20202021
Metric20212020
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

$0$48K$95K$143K$190K23 grants20204 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2021

Belmont University$7KLipscomb University$7KVanderbilt University$7KUniversity of Memphis$6K

Grant Size Distribution

27 grants across all recorded years

27<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

RON GAMBILLPRESIDENT/CEO$782KKEN MANNCFO$184KMelissa Markisassistant VP loan operations$103KJOHN MAYSDIRECTOR$26KMIKE RAGSDALEDIRECTOR$26KRICHARD SMELSERDIRECTOR$25KJEFF GERKINDIRECTOR$25K

From 2021 filing

NameTitleHoursCompensation
RON GAMBILLPRESIDENT/CEO50$781,505
KEN MANNCFO40$183,720
Melissa Markisassistant VP loan operations40$103,174
JOHN MAYSDIRECTOR1$26,000
MIKE RAGSDALEDIRECTOR1$26,000
RICHARD SMELSERDIRECTOR1$25,000
JEFF GERKINDIRECTOR1$25,000

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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